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[quote=Anonymous][quote=Anonymous]What is your plan for someone making $40k to live within their means? And how we like they save money? [/quote]

If I'm only making 40k at age 30, then I outs have spent my 20s with roommates or living at home if I could.  I would be still trying to save 10-15% of my income for retirement and build a 6 month emergency fund.  
And I'd be driving an older less expensive car and Definately not taking vacations that cost more than $1k for the year.

What would you be doing?  Because spending more than you have and not saving for retirement doesn't make the problem disappear.

I paleo would have fount the cheapest school I could for college if at age 30 my earning potential is only $40 k (and also if that's my age 22 potential same thing).

I'd find a way to live within my means.  But more importantly I would also be searching for a way to increase income--find a good 2nd job, take career classes so I have more potential at work.

It's no shock certain majors pay less and to make more you have to work hard to forge your path to management and more pay.  So don't be shocked when it happens.  If you want to be a teacher, don't go into debt for college.  Don't have fancy tastes in lifestyle because your job will likely melt support driving a 50k vehicle and taking $10K vacations.  But if you have fancier tastes then tutor on the side, tutor in the summer and over breaks, decide to go into administration, but don't start living like you make 100k until you do.  [/quote]

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