a single person with a car and an apartment would probably need...

a single person with a car and an apartment would probably need about $1000 a week or $62,400 a year
anything more than that and you are looking at someone who is poverty striken and has massive mortgage
the simple fact of the matter is that people who have money live on less
that guy who needs $200,000 belongs to the working poor if you ask me.
just do a budget and you will see what I mean
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INCOME:
Wages and Bonuses $62,400
Interest Income
Investment Income
Miscellaneous Income
Income Subtotal
INCOME TAXES WITHHELD: $12,480 (20
Federal Income Tax
State and Local Income Tax
Social Security/Medicare Tax
Income Taxes Subtotal
Spendable Income
EXPENSES:
HOME:
Mortgage or Rent $0
Body corporate fees $480

Home Repairs/Maintenance/HOA Dues $0
Home Improvements
UTILITIES:
Electricity $60
Water and Sewer do know
Natural Gas or Oil
Telephone (Land Line, Cell) $150
FOOD:
Groceries $1,200
Eating Out, Lunches, Snacks $400
FAMILY OBLIGATIONS:
Child Support
Alimony
Day Care, Babysitting
HEALTH AND MEDICAL:
Insurance (medical,dental,vision) $86
Unreimbursed Medical Expenses, Copays $70
Fitness (Yoga,Massage,Gym) $60
TRANSPORTATION: $1,500
Car Payments
Gasoline/Oil
Auto Repairs/Maintenance/Fees
Auto Insurance
Other Transportation (tolls, bus, subway, taxis)
DEBT PAYMENTS:
Credit Cards
Student Loans
Other Loans $230
ENTERTAINMENT/RECREATION:
Cable TV/Videos/Movies
Computer Expense
Hobbies
Subscriptions and Dues $70
Vacations
PETS:
Food
Grooming, Boarding, Vet
CLOTHING:

INVESTMENTS AND SAVINGS:
401(K)or IRA
Stocks/Bonds/Mutual Funds
College Fund
Savings
Emergency Fund
MISCELLANEOUS:
Toiletries, Household Products
Gifts/Donations
Grooming (Hair, Make-up, Other) $40
Miscellaneous Expense
Total Investments and Expenses
Surplus or Shortage (Spendable income minus total expenses and investments)