Reply to 70% of millennials live paycheck to paycheck

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I’m gen x and same. Passion job and still renting. [/quote]

Were you a white person who grew up in a LCOL area in the Midwest or South? Everyone else (except for people in this demographic I think) knows that “passion jobs” are only for trust funders or those with a rich spouse. [/quote]

I am a white person who grew up in a LCOL in the northeast, and I know plenty of other people outside this demographic who didn't think passion jobs were for rich people (non-white, from urban areas, etc). That's because our families were poor or middle class and a teacher or nonprofit worker's salary was often as good or better than what our parents made. People on this site are obsessed with saying "only for trust funders" but 99% of Americans are NOT trust funders, even in those jobs. There just aren't THAT many rich people in this country. The PP who said teaching is for trust funders or rich spouses...I mean that's just objectively, empirically wrong, where do you live?

That said, I think these articles use "paycheck to paycheck" pretty sloppily, so I take it with a huge grain of salt.[/quote]

OMG so this.  Teachers in the DMV make WAY more than my LMC parents COMBINED ever made.  When you come from the sticks, with poor or LMC parents, being offered a teachers salary or some high 5-figure salary, you THINK YOU MADE IT.  It seems like so much money, more than anyone you ever knew made even as a family (unless you were friends with the town doctor).  The idea that people make $200k+ seems like something made up, like becoming an oscar winning actor or owning a tiger.[/quote]

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