I’m 35. I make enough to pay bills but a home is still out of reach for me and my gf, together we pull about 175k
When I was 21, expensive drafts were $5/16oz. Cheap ones were $1. Rent was ~$750/mo, utils and stuff brought you close to $1000. I worked 40 hrs a week in a kitchen making $15/hr. I got free food the burritos there were $9.99, fair at the time.
Today, someone makes the same wage, gets 12 hrs a week, the food isn’t free when you work there a burrito is $17.99, and the apt I was in is $1750/mo
I wanted to die plenty in my 20s. I can only imagine the bleak hellhole they see and exist in.
…the clear answer is more opportunity, more money, more education, less burdens.
What the fuck happened? Like it was bad for me and my friends. Our parents pitied us. But now a draft beer is line $11 for 10 oz. A cheap McDonald’s order is $15.
It’s clickbait. There was an article like this a while ago about teens and suicide and they were like, “we have no idea why this is happening!”, even though for years people were saying social media was harming teens.
Social media is not the cause. There are so many problems that young people are helpless to do anything about. Congress’s desire to restrict and censor internet access for minors has to be more impactful than social media itself.
even though for years people were saying social media was harming teens.
And that article, had you bother to read it, pointed out that there was plenty of conflicting evidence as to whether social media was the cause, and warned that by mindlessly blaming social media because it is easy might lead us to overlook the real culprit.
Is a home not under the constant annual threat of becoming unaffordable (I’m talking about renting, since you since seem to have reading comprehension difficulties) “too much” for someone to expect to achieve?
I know I’m probably feeding the troll here, but how is someone “entitled to live in an expensive area”? Like sure he could probably move to a cheaper city… but then they won’t have the same jobs getting the same salary. They are likely only making that much because of the area they currently live in. Sure there might be some variation from block to block or subdivision to subdivision, but in many areas in the country that isn’t enough for even the cheapest housing in the metro area.
Not to mention, that’s both of them working full time jobs. 15+ yrs ago, one salary should have been enough for a house. Now if they ever have a kid, they have to take the cost of child care into account and that’s not cheap. This leads to some of the drop in fertility we see in many places. It’s simply not financially possible.
FWIW I agree with your sentiment, unpopular as it seems to be. 175k/yr combined income is not chump change. It is not below the poverty line, it is middle class. Depending where you live, you can live very comfortably for that amount of money. But I’m willing to bet they can’t easily take those wages and relocate across the country, so chances are they have physical jobs which tie their wages to their local economy. 175k spends less in Beverly Hills than it does in Fargo. I suspect that based on OP’s concerns about draft beer prices, that they like to go out to bars and spend money for entertainment. If my suspicions are correct then OP could probably tighten the belt, spend only on the necessities and save up for that down payment on that 30 year mortgage.
I agree we shouldn’t be living to work. The costs of homes are higher than ever, the interest rate sucks, the cost of living has increased, and wages have stagnated. But again, I’m not talking about tightening the belt when you’re working a minimum wage job trying to make ends meet. If you’re making $175,000 a year then you’re living comfortably above the poverty level. There has to be a way to save 10% of it instead of complaining on social media that you can’t get ahead when the cost of beer has gone up to 11 bucks a pint. I buy my beer at Costco and invite my friends over to watch the game in my den. I can enjoy life while saving for my future. Every time I’ve gotten a raise I just took that money and put it into savings and continued living like nothing has changed.
You both attacked the wrong person by replying to the wrong comment and violated our civility rule (more than once). Please do not do so again. Also, please do not abuse the flagging system.
Jesus wept, if I earned HALF that I’d be very comfortable for the rest of my life. That’s an insane income.
Imagine earning almost two hundred grand a year as a family and then suggesting it’s a struggle. That’s wild.
I mean sure, if you live in a gated wealthy community and only buy the finest things, and have very high wealthy standards, then I imagine that would seem like pocket change.
But 14,500 dollaroos a MONTH? That’s enough to support multiple families. That’s equivalent to SIX adults working a full time minimum wage job. SIX!
Imagine being two people, bringing in the wage of six people, and suggesting it’s a tough life. I would kill to be in that highly privileged position haha.
I got like $60k a year as a programmer, and spun up my own company after a year of that. Like, how are you not able to save for a house / pay off a mortgage on 175k a year.
… No clear answers?
I’m 35. I make enough to pay bills but a home is still out of reach for me and my gf, together we pull about 175k
When I was 21, expensive drafts were $5/16oz. Cheap ones were $1. Rent was ~$750/mo, utils and stuff brought you close to $1000. I worked 40 hrs a week in a kitchen making $15/hr. I got free food the burritos there were $9.99, fair at the time.
Today, someone makes the same wage, gets 12 hrs a week, the food isn’t free when you work there a burrito is $17.99, and the apt I was in is $1750/mo
I wanted to die plenty in my 20s. I can only imagine the bleak hellhole they see and exist in.
…the clear answer is more opportunity, more money, more education, less burdens.
What the fuck happened? Like it was bad for me and my friends. Our parents pitied us. But now a draft beer is line $11 for 10 oz. A cheap McDonald’s order is $15.
It’s clickbait. There was an article like this a while ago about teens and suicide and they were like, “we have no idea why this is happening!”, even though for years people were saying social media was harming teens.
Social media is not the cause. There are so many problems that young people are helpless to do anything about. Congress’s desire to restrict and censor internet access for minors has to be more impactful than social media itself.
This comment is clickbait if you think social media is only bad for teens
And that article, had you bother to read it, pointed out that there was plenty of conflicting evidence as to whether social media was the cause, and warned that by mindlessly blaming social media because it is easy might lead us to overlook the real culprit.
But good on you for demonstrating it’s point.
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Dude I earn a fraction of that a year and live happily and can invest in my future lol. Skill issue
Where do you live?
South america
COL is a factor bro
If $175k/year isn’t enough for you, you are part of the problem.
So many people work harder for so much less, but you think you deserve more before them.
Just like how people richer than you operate.
Enough for what? They clearly stated that home ownership is out of reach for them.
Rest of their comparison is about things now vs things 10 years back and how it’s worse for someone in their teens and 20s.
Learn to read.
Enough to stop you from complaining you don’t have enough.
Their comparison is irrelevant.
You’re just upset I’m criticizing people with too much wealth.
No. I’m annoyed because you can’t read.
Lol, ok.
Is a home not under the constant annual threat of becoming unaffordable (I’m talking about renting, since you since seem to have reading comprehension difficulties) “too much” for someone to expect to achieve?
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Relative to the world, they are very wealthy.
They just think they’re entitled to live in expensive areas.
It’s called “passing a bunch of money around at the top.”
I know I’m probably feeding the troll here, but how is someone “entitled to live in an expensive area”? Like sure he could probably move to a cheaper city… but then they won’t have the same jobs getting the same salary. They are likely only making that much because of the area they currently live in. Sure there might be some variation from block to block or subdivision to subdivision, but in many areas in the country that isn’t enough for even the cheapest housing in the metro area.
Not to mention, that’s both of them working full time jobs. 15+ yrs ago, one salary should have been enough for a house. Now if they ever have a kid, they have to take the cost of child care into account and that’s not cheap. This leads to some of the drop in fertility we see in many places. It’s simply not financially possible.
The difference in wages is not enough to make up for how much more expensive it is to live in a major city.
It’s why people are actually able to own their homes outside of major cities.
Okay, professor. What is the exact maximum people are allowed to earn and exist in high expense areas?
You think earning less than 100k is in the top earning block lmao.
They shouldn’t let people this dumb comment.
How about instead of tearing down something, you post something of substance.
How much do you earn? What do you do? How much is your rent?
And what is the maximum amount people are allowed to earn before they can criticize expensive living
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What?
FWIW I agree with your sentiment, unpopular as it seems to be. 175k/yr combined income is not chump change. It is not below the poverty line, it is middle class. Depending where you live, you can live very comfortably for that amount of money. But I’m willing to bet they can’t easily take those wages and relocate across the country, so chances are they have physical jobs which tie their wages to their local economy. 175k spends less in Beverly Hills than it does in Fargo. I suspect that based on OP’s concerns about draft beer prices, that they like to go out to bars and spend money for entertainment. If my suspicions are correct then OP could probably tighten the belt, spend only on the necessities and save up for that down payment on that 30 year mortgage.
They shouldn’t have to though.
Not acknowledging that is just making the problem worse.
People should work to live not live to work, and if you can’t afford a little entertainment than you aren’t living you are barely surviving.
But there are people out there who would take what little stress relief you can get and tell you to just tighten up your belt.
You do realize that phrase comes from people having to take their food money and spend it on other necessities right?
You have to tighten your belt because you can’t even afford full meals.
I agree we shouldn’t be living to work. The costs of homes are higher than ever, the interest rate sucks, the cost of living has increased, and wages have stagnated. But again, I’m not talking about tightening the belt when you’re working a minimum wage job trying to make ends meet. If you’re making $175,000 a year then you’re living comfortably above the poverty level. There has to be a way to save 10% of it instead of complaining on social media that you can’t get ahead when the cost of beer has gone up to 11 bucks a pint. I buy my beer at Costco and invite my friends over to watch the game in my den. I can enjoy life while saving for my future. Every time I’ve gotten a raise I just took that money and put it into savings and continued living like nothing has changed.
That all depends on where you live
He’s complaining that his standard of living has decreased…
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You both attacked the wrong person by replying to the wrong comment and violated our civility rule (more than once). Please do not do so again. Also, please do not abuse the flagging system.
Waahhh, he’s making me feel guilty about being entitled and bad with money!
Join my block list.
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Jesus wept, if I earned HALF that I’d be very comfortable for the rest of my life. That’s an insane income.
Imagine earning almost two hundred grand a year as a family and then suggesting it’s a struggle. That’s wild.
I mean sure, if you live in a gated wealthy community and only buy the finest things, and have very high wealthy standards, then I imagine that would seem like pocket change.
But 14,500 dollaroos a MONTH? That’s enough to support multiple families. That’s equivalent to SIX adults working a full time minimum wage job. SIX!
Imagine being two people, bringing in the wage of six people, and suggesting it’s a tough life. I would kill to be in that highly privileged position haha.
I got like $60k a year as a programmer, and spun up my own company after a year of that. Like, how are you not able to save for a house / pay off a mortgage on 175k a year.
I struggled at $15 an hour living in a low cost area.
When rent is $2k a month, plus food and utilities, that money goes quiiiick