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How much money it really takes to ‘live comfortably’ [Video]

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USA Economy and Markets

A new survey reveals how much a family of four living in a big city ideally needs to earn to live ‘comfortably.’

GREENSBORO, N.C. — What does it take — specifically, how much money do you need — to live comfortably in 2024 in America?

A new survey from personal finance website Smart Asset found in America’s biggest cities, a two-parent household supporting two children needs a combined $235,000, yet research shows only a third of U.S. households earns more than $100,000. The study also included Greensboro and Winston-Salem. You can see those numbers by searching the data below.

Financial literacy author Ja’Net Adams with Debt Sucks University acknowledged though the study is somewhat subjective, it highlights the plight of many families’ financial struggles amid high inflation.

“Everyone wants to live financially comfortably, but when you look at the numbers…it’s hard to imagine how to make that dream possible,” she said.

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Cost of living, no doubt, is a primary …

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