My sister and her husband make $65k a year each and they’re living paycheck to paycheck. If $130k a year doesn’t pay for a mortgage, car payments, and raising your kids, what are we even bothering for?
You’re right, but also that number could be $180k and I doubt you’d see much difference, they’d have more expensive cars, maybe a nicer house, and take a fancy vacation but still be at the same place at the end of the month.
Not to detracg from the cost of living crisis, just that some of it is simply the lifestyles we choose to spend on
Most major inflation indices omit things like the cost of food and housing. So, they are only marginally useful in looking at the financial experiences of the populace.
Sounds insane until you consider the purchasing power of the dollar over the last few decades. These boomers railing against wave hikes cause they retired in 15/hour would have effectively been making 70 or more today. You need a 6 figure salary today to enjoy a life comparable to what your grandparents or great grandparents enjoyed on a single salary bringing home 10/hour
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My sister and her husband make $65k a year each and they’re living paycheck to paycheck. If $130k a year doesn’t pay for a mortgage, car payments, and raising your kids, what are we even bothering for?
We’re overdue for a demonstration, nationwide.
You’re right, but also that number could be $180k and I doubt you’d see much difference, they’d have more expensive cars, maybe a nicer house, and take a fancy vacation but still be at the same place at the end of the month. Not to detracg from the cost of living crisis, just that some of it is simply the lifestyles we choose to spend on
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Most major inflation indices omit things like the cost of food and housing. So, they are only marginally useful in looking at the financial experiences of the populace.
I make $100 k / year in the bay area, and I am fucking poor. It’s dumb.
Sounds insane until you consider the purchasing power of the dollar over the last few decades. These boomers railing against wave hikes cause they retired in 15/hour would have effectively been making 70 or more today. You need a 6 figure salary today to enjoy a life comparable to what your grandparents or great grandparents enjoyed on a single salary bringing home 10/hour
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