you need roommates - cheaper and less isolatingAnonymous wrote:I would jizz my pants to make $250k/year!
I make $62k/year as a single person and struggle in this area without picking up side gigs from time to time.
I've thought about moving south where it's cheaper, but all my family and friends are in this area. I'm not an outgoing or social person, so my fear is I'd become a total shut-in and depressed if I moved.
mAnonymous wrote:Anonymous wrote:Honestly this all makes so much more sense. Our household income with no kids is over 250k, but we max 401k/IRA/stock purchase and live in just a ‘decent’ place. I always wonder how these people can afford multiple luxury vacations, new cars, designer clothing, etc.
Bunch of Weekend Millionaires ™️ in this city I suppose!
https://www.fool.com/investing/2022/06/01/more-than-a-third-of-250k-earners-live-paycheck-to/
We make $1m and we barely save. we live in NYC and once we pay for 2 kids in private ($120 so $240 pre tax income), give half of salary away to tax, pay mortgage, pay maintenance, it's mostly gone. we will 'make' more money by qualifying for a big mortgage and buying a house that is a good investment. but we certainly are not saving big.