How Much Does It Cost to Live Comfortably?

Kalilah Reynolds speaks to young adults in the Child Protection and Family Services Agency system about how to plan their finances and build wealth to create a platform for success in the future.

[@XDosShane]

This is what they need to normalize teaching in schools. Most of us have to stumble through life to find these things out the hard way

[@chadrickwalker8169]

$500,000 is what is comfortable to live in this country per month

[@erdnati]

and NET not GROSS

[@WheretoLiveJA]

I wish someone had spoken to me like this back when I was in high school

[@caribbeanradiology7004]

Would have gone through one ear and out the other, just like most high school students.

[@mrs.webley909]

Awesome presentation !

[@rochellehall4674]

This is really good stuff kalilah. This is what I call a working presentation...Very practical and realistic. Keep it up

[@YellowBlossom-zd4yk]

Kalilah, thanks so much for teaching the younger generations. Please come to London, England and deliver!!

[@demarmckenzie568]

Comfortably though? That’s dependent on your budget/expenses. To comfortably cover all expenses, insurances, investments, savings/pension funds/emergency funds in the current economic climate, roughly about range 700,000.00 to 1,000,000.00JMD after taxes are withdrawn. Again it varies based on your monthly expenses or whatever goals each person has in mind.

[@Lonewolf_Fx]

per year you mean or per month

[@demarmckenzie568]

​@@Lonewolf_Fx per month

[@RJames-mc8oz]

Good relevant discussion.

[@cmark1443]

If you die, the life insurance (if sufficient) covers the balance of the mortgage loan and property goes to your beneficiary. If no insurance at death or if you default on payments, the bank sells the property to recover what's owed.

[@davidgray1098]

Nice

[@tbear335469]

I spend $11,300 on food .I am 6'1" 215 lbs.

[@warrior-xd2xn]

I was thinking why didn't you take the mortgage payment and build the house?

[@nicolelawrence4574]

Poor thing,he is young and has no idea

[@oneilj7311]

All l can say is that if it requires $500,000 per month to live comfortably......then the majority of Jamaicans are miracle workers.... because the average to median wages in Jamaica at present is between $720,000 and $2, 500,000 PER YEAR

[@owenferguson7893]

But how are they making young people aware of these benefits at heart
Especially outside of Kingston to people who don't follow the news
Like they follow Thier favourite singers .
And the ignorant people who say nothing going on the government is all for Thier self