Pineapple Money - A Personal Finance Blog (2023)

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Do you want to know how much $65,000 a year is per hour? Perhaps you've been offered a position with this salary, but you're not sure if it will be enough.

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Everyone has a different outlook on life and has individual goals and ambitions. The question we are posing is if earning 65k a year is good. If you are at the end of your career or just beginning you will have a different perspective.

$65,000 A Year Is How Much An Hour?

$65,000 A Year Is How Much An Hour?

The Bureau of Labor Statistics (BLS) states that the median weekly income in the United States is $1,085. That is just over $27 an hour, and just over $56,000 a year.

Is $65,000 a good salary? That is dependent on a few factors that derive your cost of living. If you live in a high-cost-of-living area and are living at your parent’s place your situation varies greatly from another person who has a large family and is living in rural Arkansas.

It’s called personal finance for a reason. It’s personal.

$65,000 a Year is How Much an Hour?

Let’s do some quick math here. If you work a 40-hour work week with no paid time off (PTO), you work 2080 hours a year.

$65,000 / 2080 = $31 an hour

That means you’ll be making $31 an hour if you make $65,000 a year and have no paid time off.

Now, what if you have a salaried position with two weeks of paid vacation time each year? That means that you are working 2000 hours a year, and increases your hourly rate.

$65,000 / 2000 = $32 an hour

That comes out to exactly $32 an hour if you get 2 weeks of paid vacation each year. That makes for easy math if you want to calculate the number of hours of work until you can afford to buy another share of NFLX or more BTC.

$65,000 a Year is How Much a Month?

If you are getting paid monthly then you will have 12 pay periods in a year. That means that to calculate how much 65k a year is per month you will need to divide 65k by 12.

$65,000 / 12 = $5416 per month

That means that every month before taxes you will be bringing $5416 in gross pay. That’s a fair amount of money. After taxes that amount could be between $3791 - $4604. Depending on your unique circumstances, you could even have money to invest each month.

$65,000 a Year is How Much After Taxes?

Roughly, if you make a yearly salary of $65,000 you will need to pay between $10.4k to $15.6k in taxes. Let’s be conservative and estimate based on the higher taxes of $15.6k. We are also going to assume that you get two weeks of paid vacation per year.

($65,000 - $15600) / 2080 = $23 an hour

That means that after taxes you will have an hourly wage of $23, which is above the minimum wage. If you know the tax rates for your state and your circumstances you can modify the equation above to determine what your hourly pay is after taxes.

How Much is Your Paycheck if You Make $65k a Year?

That depends on how frequently you get paid, and what state taxes and federal taxes you are liable for. Here are some rough calculations for a few varying cases.

($65,000 - $10400) / 52 = $1050 per paycheck

($65,000 - $15600) / 52 = $950 per paycheck

If you have weekly pay, you could get a check for $950 - $1050, depending on your tax liabilities.

Now, what if you get paid biweekly? We can quickly do the math by dividing the total amount paid minus taxes by the number of biweekly pay periods in a year.

($65,000 - $10400) / 26 = $2100 per paycheck

($65,000 - $15600) / 26 = $1900 per paycheck

If you get paid biweekly, you could get a check for $1900 - $2100, it all depends on how much taxes you owe the government.

Hey, I don’t get paid weekly, or biweekly. I get paid twice a month, now what?

We can also do the math for getting paid twice a month.

($65,000 - $10400) / 24 = $2275 per paycheck

($65,000 - $15600) / 24 = $2058 per paycheck

When you get paid twice a month, you’ll see that you could get a paycheck of anywhere between $2058 - $2275. Again this is all dependent upon your tax liabilities.

$65,000 Salary Breakdown

This breakdown of a $65,000 annual salary is based on the calculations we made above. It is using simple tax scenarios. You will want to use your own tax numbers to determine your specific scenario.

$65,000 a Year Income
Estimated After-Tax Hourly Pay $23
Estimated After-Tax Monthly Pay $4116
Hourly Pay $31
Daily Pay $250
Weekly Pay $1250
Biweekly Pay $2500
Monthly Pay $5416
Yearly Pay $65,000

Is $65,000 a Year a Good Salary in the US?

Yes. if you are making $65,000 a year you are making the average salary in the US. If you are living in a low-cost-of-living area you will be able to stretch your dollars even further. You probably won’t be buying a mansion, but the average person making $130000 a year won’t be either.

The most important factor with any salary is to budget, invest and spend within your means. If you avoid bad debt, your dollars will stretch even further and be able to be put to work.

How Much is a $65,000 Salary Compared to All Americans?

The latest reported median household income.) for Americans was $70,784. All types of households are included in that figure meaning if there are five wage earners or one in a household they were all included.

Let’s take for example if in your household there is one earner making $65k a year, then you would fall below the median income for a household.

if in your household there are two earners that both are making $65,000 a year at your full-time job, the income of your household is $130000. At that level of income, your household is much higher than the median household income.

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How Should I Budget a $65,000 Salary?

Just in case you are worried about what your budget would look like, I want to provide you with an example.

Budget Percentages Based on $65000 a Year Salary

The important thing to note for this sample budget is that it is based on the high end of the monthly take-home range at $4604. It also assumes that you are a single adult. If these numbers don’t work for you, feel free to change them up and let me know what you did!

Category $$$ % of Monthly Income
Mortgage / Rent $1787 33%
Transportation $270 5%
Utilities $270 5%
Insurance $135 2.5%
Internet $67 1.25%
Cellphone $27 .5%
Groceries $541 10%
Entertainment / Fun $270 5%
Personal / Misc $270 5%
Savings $812 15%
Total $4455

With the monthly budget above, there was an excess of $4604 - $4455 = $148. That extra money every month you could put towards investments, paying off debts, or living large. The example above was for a single person, but if your circumstances are different feel free to change the numbers to better fit your needs.

How Much Should I Save Making $65,000 a Year?

You should save as much as you possibly can. You should save until it hurts, and then back up off the gas a little bit.

In the budget provided above, I showed a sample of saving 15% a month. That seems fairly doable if you are a single person. Now, if you are raising a family that might make things more difficult. I would recommend saving what you think is comfortable right now. Then next month find one area in your life that you can cut back on. Keep repeating that process until you find out what you need, and what you don’t. It will surprise you!

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How Much Rent Can I Afford On A $65,000 Salary?

If you are receiving an annual pay of $65k, you will be getting a monthly payment of around $4604 net pay. Most people, myself included, recommend spending no more than one-third of your income on housing. That would mean that you can afford $4604 / 3 = $1787.

Personally, if your life circumstances allow it and you are comfortable with it I would look into buying over renting. Now I know that all the digital nomads and the majority of the financial independence community will squawk at this. However, real estate is a solid investment strategy that has stood the test of time. According to Andrew Carnegie, “Ninety percent of all millionaires became so through owning real estate. More money has been made in real estate than in all industrial investments combined.”

I also know that your primary residence shouldn’t count as an investment, but owning one home makes it much easier to buy another and another and another. Pretty soon your average income from real estate could surpass your hourly salary and allow you more financial freedom.

Where Can I Live on $65000 a Year Comfortably?

There are a ton of places where you can live on a $65k income level and live a comfortable life. Your dollars will stretch much further if you avoid certain parts of the country like most coastal and larger metropolitan areas of the United States (San Francisco, New York City, etc).

Here is a list of five cities in the US worth mentioning (in no particular order):

  • Bristol, Tennessee / Virginia
  • Abilene, Texas
  • Cleveland, Ohio
  • Eugene, Oregon
  • Sioux Falls, South Dakota

As for places to live outside the US, the world is your oyster. There are dozens of countries where 65k US dollars a year would afford you an amazing lifestyle. Here are a few:

  • Thailand
  • Mexico
  • Curaçao
  • Argentina
  • India

In the end, it depends on what matters most to you. Write down a list and work backward from there. If you want to be close to friends and family, then that helps you narrow down your list of where you want to live. If you want to have lively nightlife, that helps narrow down your search as well.

Frequently Asked Questions

Can I Invest Making $65,000 a Year?

Yes! You can invest while making any salary and $65,000 is no different. I would recommend investing at any and every stage of your life. If your dollars aren’t working for you, they are working for someone else.

Start out investing what you feel comfortable with and go from there. Look into all of your investing potentials and do your own research. You will be amazed at how many options are out there to invest in.

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$65,000 a Year is How Much Biweekly?

Making $65,000 a year, your biweekly salary is $2500. You can find your biweekly salary by dividing your yearly income by 26. In this case, the equation would be $65,000 / 26 = $2500 per biweek.

$65,000 a Year is How Much a Week?

Making $65,000 a year, your weekly salary is $1250. You can find your weekly salary by dividing your yearly income by 52. In this case, the equation would be $65,000 / 52 = $1250 per week.

How Much Mortgage Can I Afford On A $65k Salary?

A salary of $65,000 a year, means that your net monthly salary is approximately $4604. Just like rent, your mortgage payment should be a maximum of one-third of your income. In this case, we are working with $1787.

Can I Buy a Home on $65,000 a year?

Yes! You can most definitely buy a house on $65,000 a year. There are so many ways to buy a house so nothing should be stopping you. I would recommend not spending more than one-third of your monthly income on housing expenses, which in this case would be $1787.

There is an assortment of loan products currently available to people looking to buy a house. Using an FHA loan for example you can put down as low as 3.5% of the purchase price. Plus there are strategies like house hacking that can help bring your housing expenses down, and some people can make a profit!

What Can I Afford Making 65k a Year?

You can afford pretty much anything in moderation. You can afford to spend a ton on Amazon each month or have a cool car with a payment that goes along with it, but probably not both. You can afford to invest each month and it should be one of your highest priorities.

If you are worried about what you can afford, I would look into increasing your income through a side hustle. It’s easier to afford things when you have more money to use.

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Can You Live Off $65,000 a Year?

Yes, it is possible to live off $65,000 a year, but your comfort depends on your location and lifestyle. $65k a year in a lower-cost-of-living area will go much further than in high-cost-of-living areas like New York or San Francisco.

Is $65k a Good Salary for a Single Person?

Yes, for a single person, $65k is a good salary. When you are single you typically have fewer expenses than if you are providing for others. With that being said, you can stretch your dollars even further if you are investing, living in a low-cost-of-living area, or keeping a tight budget.

Is $65k a Good Salary for a Family?

Depending on where you live $65k can be a good salary for a family. The larger your family is, the harder it will be to provide for your family with a salary of $65,000.

According to the USDA, it costs $16,739 a year to raise a child. That can quickly eat into a salary of $65,000. However, if you and your partner both brought in $65k a year, that would double your household income to $130000 a year and that provides more breathing room.

Is 65k a Year Good For a Couple?

Yes, for a couple with no children, 65k is a good salary. Your dollars will go much further if you live in a rural area vs living in a high-cost-of-living area. If you live in San Francisco you will probably need roommates, while living in rural Colorado you may be able to rent an entire home.

If both of you work and bring in a total of $65k a year, that means you are making close to the national minimum wage, and looking for a new job could drastically increase your household income or help you work fewer hours.

Explore More Salary Breakdowns

Unveil the possibilities of your earning potential by determining the exact figures for your daily, weekly, and monthly take-home pay with an annual salary of $66,000. This breakdown will provide you with a comprehensive understanding of how your income is distributed across different timeframes.

Delve into the details of your income as we analyze the precise amounts you can expect to earn on a daily, weekly, and monthly basis with an annual salary of $67,000. This breakdown offers valuable insights into how your earnings are distributed throughout various timeframes.

Embark on a journey to explore your financial horizons as we evaluate your potential daily, weekly, and monthly take-home pay with an annual salary of $68,000. By understanding the breakdown of your income across different timeframes, you can gain a clearer perspective on your financial landscape.

Get a glimpse into the composition of your paycheck by uncovering the specific amounts you can anticipate earning on a daily, weekly, and monthly basis with an annual salary of $69,000. This breakdown sheds light on how your income is allocated over various time periods.

Take a closer look at your financial snapshot as we assess the daily, weekly, and monthly take-home pay you can anticipate with an annual salary of $70,000. By examining the distribution of your income across different intervals, you can gain valuable insights into your overall financial outlook.


Can you make money with a personal finance blog? ›

Personal finance is one of the most profitable niches in the blogging world. Not only can you help people manage their finances, but you can also make money through affiliate marketing and other strategies. But first, you need to learn how to start a personal finance blog the right way.

What is personal finance answers? ›

Personal finance refers to all of the decisions and activities of an individual or family regarding their money, including spending, saving, budgeting, etc..

How do I write a personal finance blog? ›

You need to write content your market finds valuable, position yourself as an expert in your field, and find exciting topics people want to read about. You also need to wrap your head around blogging platforms, building a website, and effective monetization strategies, to name a few.

What is the key to successful personal finance? ›

Key Takeaways

Smart personal finance involves developing strategies that include budgeting, creating an emergency fund, paying off debt, using credit cards wisely, saving for retirement, and much more. Being disciplined is important, but it's also good to know when you shouldn't adhere to the guidelines.

Can you make $1,000 a month with a blog? ›

The short answer is yes, but the competition is tough. If you can start a blog in a niche that you're passionate about that isn't too saturated, and one where you can build a decent-sized audience, then you can absolutely crush it and make $1000 per month from blogging.

How can I make $100 a month blogging? ›

How to Grow Blog Traffic. To earn $100 per month blogging, you'll need around 10,000 visitors per month on the high end. If you're blogging in a highly profitable niche like finance, for example, you may achieve your earnings goal with significantly fewer visitors.

What is the 10 rule in personal finance? ›

Key Takeaways:

The 10% rule is a savings tip that suggests you set aside 10% of your gross monthly income for retirement or emergencies. If you still need to start a savings account, this is a great way to build up your savings. You should create a monthly budget before starting your savings journey.

How much money do finance blogs make? ›

Finance blog Millennial Money reports that after just two years of building traffic and subscribers, bloggers can make upwards of $100,000 annually. Within the first year, bloggers can make $500-$2,000 per month.

What are the 5 areas of personal finance? ›

What Are The 5 Areas of Personal Finance? The areas of personal finances include income, spending, savings, investing, and protection.

What is the 50 30 20 rule? ›

The 50/30/20 rule is a budgeting technique that involves dividing your money into three primary categories based on your after-tax income (i.e., your take-home pay): 50% to needs, 30% to wants and 20% to savings and debt payments.

What are the 6 areas of personal finance? ›

Let's look at six big personal finance topics—budgeting, saving, debt, taxes, insurance, and retirement—and discuss a helpful principle for each.

What is my personal finance example? ›

Examples include paying bills, rent, mortgage, paying for a round of drinks with friends, shopping, filling our cars, buying presents, and making donations to charity. Our credit card and tax payments also come under the term spending. We either spend with money we have or money we borrow, i.e., credit.

What is a money personality? ›

Five common money personalities are investors, savers, big spenders, debtors, and shoppers. Debtors and shoppers may tend to spend more money than is advisable. Investors and savers may overlap in personality traits when it comes to managing household money.

What are the three types of expenses? ›

Fixed expenses, savings expenses, and variable costs are the three categories that make up your budget, and are vitally important when learning to manage your money properly.

How long does it take to make $100 blogging? ›

However, I know many more who've blogged for 2 to 3 years and are still struggling to reach a consistent $100/mo in blog income. Here's a quick breakdown of how I'd encourage setting expectations for the time to make money from a blog (from my own experience): Earning $100/mo blogging: 6 to 12 months.

Do small blogs make money? ›

Some bloggers make no money, whereas some bloggers make more than enough to build a career around their blog. That being said, on average, a successful and established blogger can make around $45,000 per year. In your first year of blogging, you can expect to make around $500-$2000 per month.

What makes the most money on blogs? ›

Recipes and food. Food is an evergreen topic, and one of the most profitable blog niches. It also offers various sub-niches to explore, from quick and easy meals to information on specific diets. One food topic that has become increasingly popular in recent years is home cooking.

What is a realistic blogger income? ›

On average, bloggers make around $45,000—with most bloggers earning somewhere between $38,440 to $51,906. However, there are a lot of variables that'll influence how much money you make blogging, so keep reading and I'll explain how to set the right expectations for your blog income.

How long before a blog becomes profitable? ›

According to recent research, it takes an average of 20 months to start making money with a blog. However, that is just the average. The statistics show that 27% of bloggers start earning money from blogging within 6 months and 38% are making a full-time income within 2 years of starting their blog.

Can you make a full-time living blogging? ›

Yes, blogging can be a full-time career. However, it takes hard work, dedication, and a lot of time to build up a successful blog.

What is rule 69 in finance? ›

The Rule of 69 is a simple calculation to estimate the time needed for an investment to double if you know the interest rate and if the interest is compound. For example, if a real estate investor can earn twenty percent on an investment, they divide 69 by the 20 percent return and add 0.35 to the result.

What is the 60% rule in personal finance? ›

With this simple budget, 60% of your income (before taxes and other withholdings) goes to fixed expenses, such as: Taxes, Social Security, Medicare. Insurance premiums. Housing.

What is rule 72 in finance? ›

Do you know the Rule of 72? It's an easy way to calculate just how long it's going to take for your money to double. Just take the number 72 and divide it by the interest rate you hope to earn. That number gives you the approximate number of years it will take for your investment to double.

What are the four pillars of personal finance? ›

Everyone has four basic components in their financial structure: assets, debts, income, and expenses. Measuring and comparing these can help you determine the state of your finances and your current net worth. You can think of them as the vital signs of your financial circumstances.

What are the 4 basic principles of personal finance? ›

WHAT ARE THE FOUR PRINCIPLES OF FINANCE? The four principles of finance are income, savings, spending, and investing. Following these core principles of personal finance can help you maintain your finances at a healthy level. In many cases, these principles can help people build wealth over time.

What is the most important element of personal finance? ›

Savings management is an essential aspect of personal finance. Saving refers to extra money set aside for future investing or expenditure. If there is a difference between what you earn and what you spend, the extra can be put towards savings or investments.

What is the 75 15 10 rule? ›

for anybody with any amount of money. so for every dollar you make, you can spend 75 cents. then 15 cents is the minimum that you can invest, and 10 cents is the minimum that you save.

What is the 40 40 20 budget rule? ›

It goes like this: 40% of income should go towards necessities (such as rent/mortgage, utilities, and groceries) 30% should go towards discretionary spending (such as dining out, entertainment, and shopping) - Hubble Spending Money Account is just for this. 20% should go towards savings or paying off debt.

What is the 50 15 5 rule? ›

50 - Consider allocating no more than 50 percent of take-home pay to essential expenses. 15 - Try to save 15 percent of pretax income (including employer contributions) for retirement. 5 - Save for the unexpected by keeping 5 percent of take-home pay in short-term savings for unplanned expenses.

What is the first rule of personal finance? ›

The Basics of Pay Yourself First

Regular savings contributions can go a long way toward building a long-term nest egg, and some financial professionals even go so far as to call "pay yourself first" the golden rule of personal finance.

What are 3 steps to financial success? ›

Here are seven key tips for pursuing financial success.
  • Save Automatically. ...
  • Invest in a Workplace Retirement Plan. ...
  • Create an Emergency Fund. ...
  • Stick to a Budget. ...
  • Pay Off Credit Cards. ...
  • Avoid High-Interest Loans. ...
  • Pay Bills on Time.
Nov 3, 2022

How much do I need to retire? ›

When considering your retirement lifestyle, a common guideline is to replace 70% of your annual income before your retirement. You can plan to do this through a combination of retirement income sources that include Social Security, investments and savings from 401(k)s, IRAs and other retirement savings accounts.

What are the 3 principles in personal finance strategies? ›

The three principles of personal finance are: prioritization, assessment and restraint. And the key to getting personal finances on the right track is all about understanding these principles, which contribute to the success of personal money management.

What are the most common financial choices? ›

Banking, budgeting, saving, credit, debt, and investing are the pillars that support most of the financial decisions that we'll make in our lives.

What are the five key components of a financial plan? ›

The main elements of a financial plan include a retirement strategy, a risk management plan, a long-term investment plan, a tax reduction strategy, and an estate plan.

Is personal finance a good niche? ›

Personal finance is one of the most profitable blog niches out there. It covers many things but you don't have to start a general personal finance blog. You can pick a sub-niche to start from so that it may be easier to establish authority quickly.

Is lifestyle blogging profitable? ›

In fact, there are at least 17 great ways to make money from lifestyle blog, but here are 4 of the best: Affiliate marketing is top of the list because your lifestyle blog is a natural way to promote products and services. Sponsored posts are a strong contender when you have a large enough audience.

How do I become a freelance personal finance writer? ›

Here are some steps you can use to start your career as a financial writer:
  1. Earn a bachelor's degree. ...
  2. Consider a master's degree. ...
  3. Gain experience in finance or journalism. ...
  4. Determine whether you want to work as an internal employee or as a freelancer. ...
  5. Apply for jobs as a financial writer.
Jan 26, 2023

How much can you make in personal finance? ›

Personal Finance Salary
Annual SalaryMonthly Pay
Top Earners$131,000$10,916
75th Percentile$104,000$8,666
25th Percentile$40,500$3,375

What are the hardest finance fields to get into? ›

There is no easy answer when it comes to the hardest finance job. It depends on your skillset and experience. Some people find investment banking, controllers, tax managers, and valuation analysts to be the most challenging, while others find corporate finance more difficult.

Are people with finance degrees happy? ›

How satisfied are finance students compared to other degrees? Overall, finance students rate their satisfaction with their degree a 3.1 out of 5.

Can I become millionaire by blogging? ›

Blogging is a profession that can make you millions or billions of dollars, and unlike any other business, it takes little to no money to start. or starting a personal/business blog, it's always going to be the best way to make a decent amount of money ( Requires less than $100/year initially to start ).

Can I make $1000 a month freelance writing? ›

Even with little or no experience, you can make $1,000 or more per month as a freelance writer in a short period of time. But that's just the beginning! Some of the go getters I know earn as much as $100K- $200K a year from freelance copywriting jobs (more about that below)!

How much can you realistically make as a freelance writer? ›

Among freelance writers, ZipRecruiter reports an average salary of just over $63,000/year.

What is the average yearly income of a freelance writer? ›

Freelance Writer Salary
Annual SalaryMonthly Pay
Top Earners$156,000$13,000
75th Percentile$63,500$5,291
25th Percentile$37,500$3,125

What is the 80% rule personal finance? ›

The 80/20 budgeting method is a common budgeting approach. It involves saving 20% of your income and limiting your spending to 80% of your earnings. This technique allows you to put savings first, and it's both flexible and easy.


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