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Reply to "Price the stereotypical "Basic Millennial" lifestyle"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Based on my UMC millennial friends that list is a little cheap Rent- a hip and trendy neighborhood like Logan Circle: $2500 Utilities- basic stuff with Netflix, hulu, amazon prime subscriptions Gym membership- $100-$150 Travel- $10k-$20k 2-3 international trips + weekend trips [/quote] Yup, we are UMC DINK late 20s millennials and this is us and most of our friends. Would add in dog / pet costs of a few hundred a month (dog daycare $35 a day), almost all our friends have dogs. The travel in particular -- multiple international trips and weekend trips (so many weddings) are the norm and our largest discretionary expense. 400K HHI. [/quote] What do you do? [/quote] biotech (business side) + CS tech entrepreneur. we have undergrad backgrounds in engineering and transitioned to the business side -- though my fiancee would be making 2X what he does now if he stayed in bigtech instead of starting his own company. we have no student loans (generous immigrant parents hyperfocused on supporting my education for me, full financial aid for him), a relatively low mortgage from buying a townhouse in 2013 and save 50% of our take home + max retirement accounts with this lifestyle. [/quote]
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