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Reply to "Income 100k for 35 year old is working poor"
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[quote=Anonymous][quote=Anonymous]Income 100k for 35 year old is working poor Earnings $8,333.33 After taxes and 10% for 401k is Take Home pay is $5,440.21 RENT $2100 After paying all subductions, Internet, TV, Student loans, VA Dominon Power, Cell Phone $500 Car issuance $180 CAR Payment $350 credit card $2000 (FOOD, GAS, Metro, Drinks, going out, Door Dash, ) I am only able to save about $300 dollars a month. Last year in 2023 I only saved $4000 dollars. In January and February I was only able to saved $500. I can't start a family[/quote] Interesting. I have two kids. We spend about $450/month on food. We don't eat out except when we go on vacation. I stopped riding the subway because it was so disgusting and bike to work. Saves me over 2K/year. The Mint Mobile Plan for the family costs around $650/year. I paid off all my student loans by the time I was 35. I bought fixer uppers and fixed GC'd them myself so I have mortgage free homes (yes, plural). As a female architect, I make 110K/year and that's considered a pretty decent salary for my ilk. If you think your job is just about greasing your consumerist lifestyle, yes, you will be poor in so many ways than just financially.[/quote]
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