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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Are they living within their means? Or can they not afford it because they eat out all the time, spend a ton of money on the best haircuts and clothes, drink a ton of alcohol. Do they know how to be frugal?

That would change my answer. [/quote]

Those darned youngsters and their avocado toast ways! If they are eating avocados don't you dare help them with a car![/quote]

I’m the pp and I’m laughing at the avocado toast, but you and I know it’s not just a brunch here and there. It’s a $7 coffee every day, it’s door dash 5 times a week, it’s having an expensive phone + max plan and 5 different streaming subscriptions…it’s all the things that add up. When I was first out of college I ate rice a roni and I didn’t go out like my peers did. I had plenty of fun, but I was frugal until I could afford not to be. People need to be okay with not getting what they want when they want it in order to live within their means.

I am curious about OP’s kid and how OP feels about their budgeting.[/quote]

Omg, no it’s not. You are literally avocado toasting.

It’s the $4k rent that goes up 10% a year.  Auto insurance is out of control. If they have kids, daycare is basically legal extortion.

Rice a roni? How old are you exactly?

People go out because of financial nihilism — they have tried living frugal but realizing it’s a losing proposition, costs go up faster than you can save. 
[/quote]

So because they currently cannot afford their rent, they will just go spend/waste $1000+ monthly on things to make them "feel better"?

First, if you are paying $4K in rent, and do not have the income to support that, the solution is NOT to just continue paying that and stick your head in the sand.  A better solution might be to find a cheaper place to rent---it can be done with roommates, a longer commute, a place that isn't as nice, etc.  But until you find a way to increase income, you cannot simply spend more and more that you don't have.

Yes, daycare costs.  So don't have a kid until you can afford to.  There are plenty of affordable methods for preventing this (and they all work very well if you actually don't want to get pregnant).  
And if you live somewhere that rent is $4K, you likely can live without a car and use public transportation.  So do that for a few years.  Sure it's not the most convenient, but it's doable you just have to plan.

But the solution is not just to throw your hands in the air and scream "it's too much, so f*ck it, I'm not going to try to budget and live within my means".

And yes, it's also about "avocado toast" concept.  Most people do not understand the difference between WANTS and NEEDS.  [/quote]

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