Comments on: Would $10,000 Change Your Life?

By: One Frugal Girl

One Frugal Girl — Sat, 15 Feb 2020 14:42:41 +0000

In reply to jennifer h. I think $10,000 would impact a lot of people. It can provide the buffer for an emergency fund or the money to dig a family out of debt. Thank you for your comment.

By: jennifer h

jennifer h — Fri, 14 Feb 2020 15:16:53 +0000

10000 would definitely change my life I would no longer be living paycheck to paycheck wondering if we were gonna eat next week it may not be a lot to some people but it would be a big game changer for me and my family

By: One Frugal Girl

One Frugal Girl — Fri, 24 Feb 2012 02:28:51 +0000

In reply to Beth M. True!

By: Beth M

Beth M — Thu, 23 Feb 2012 20:47:54 +0000

It would change your life… you’d have $10,000 that you didn’t have before! How much of an AFFECT that change has on your life, well that’s another story, but regardless it does change your life.

By: JoeTaxpayer

JoeTaxpayer — Sat, 18 Feb 2012 12:53:53 +0000

GlobalRichList offers a site to see where you stand in the world based on income.

Half the world lives on $850/year.

Median US income is $50K give or take. I agree with you, $10,000 is now less for me than the daily up and down to my savings from market fluctuations. I’m older, though, and can remember when $10K actually did change my life a bit.
It was a settlement for a car accident, so no tax due. I used the $10K to pay down a mortgage a bit, to get to 80% LTV, and get a lower rate. The $10K turned into a $400/mo savings to me, and during a time when cash was very tight, this really helped a lot.

By: One Frugal Girl

One Frugal Girl — Wed, 15 Feb 2012 22:51:42 +0000

In reply to Ruby Leigh. Good point! There is a lot of drama in saying the money would be a 'life changer.'

By: One Frugal Girl

One Frugal Girl — Wed, 15 Feb 2012 22:50:59 +0000

In reply to Jen. Glad to hear your mortgage is your only debt, but I'm sorry the market in Michigan has been so crappy.

By: One Frugal Girl

One Frugal Girl — Wed, 15 Feb 2012 22:43:37 +0000

In reply to Becky. I certainly didn't mean it to sound pretentious. I feel very lucky and blessed to have worked in a high paying field for the last 10+ years. I wish you the best of luck!

By: Ruby Leigh

Ruby Leigh — Wed, 15 Feb 2012 03:34:26 +0000

I really like the Chopped show too. Truly amazing what they can do.

$10000 would be a really big deal to me. It would bring me very close to debt free and free up a lot of my cash flow. It would “change my life” in a few senses for sure. However, I agree that “Life Changer” does feel like an overstatement – but I guess that’s what entertainment is for.

By: Jen

Jen — Tue, 14 Feb 2012 14:09:04 +0000

I tend to agree here – and I’ve never made even close to six figures! The husband, a fellow software developer, would be close in a year where he got a full bonus (not happening this year, probably will be none at all). My yearly part time accounting income is about at that 10k amount, after staying home w/ kids for a few yrs. That $ allowed us to upgrade an older vehicle and double our kids college fund contribs. If I got an unexpected 10k it would be nice of course, but all it would mean is my vehicle upgrade would come in a year rather than 2-3 – and if I thought that going from an 8 yr old Malibu to a 2 yr old Honda Crosstour was life-changing then I would consider myself a really shallow person! Likewise mortgage is only debt, and 10k would barely touch what we owe – don’t think it wouldn’t even bring us “above water” (we purchased in Michigan in 2003 and have lost about half of our purchase value). So yeah, wouldn’t turn it down, but life-changing, not so much!