What can you do with an average of 46000 dollars yearly?

Answer 1

With an average yearly income of $46,000, you can cover essential living expenses such as housing, transportation, and food, while also setting aside money for savings and retirement. Depending on your location, you might afford a modest apartment or home, and you could allocate funds for healthcare, insurance, and entertainment. Additionally, you could invest in personal growth through education or experiences, and still have some discretionary income for travel or hobbies. Budgeting wisely would enable you to make the most of this income while preparing for future financial goals.