I suspect that there are two things (as there are w my own situation vs Eigen): 1) cost of living for some things (e.g. housing ) is much much lower 2) definition of normal / reasonable is different
-
-
quick breakdown rent is 2400/mo student loans 650/mo utilities etc maybe 200/mo after savings taxes etc my monthly takehome is ~6.25k, so end up with maybe 3k/mo to spend on other stuff after fixed costs i have some slack, but I can't spend willy-nilly
4 replies 0 retweets 5 likes -
Replying to @eigenrobot @MorlockP and
Penny has substantial vet bills, I try to see my family a few times per year, I have other major expenditures on the horizon I can't talk about here, and even if I spent none of that (inc daily meals) it would still be five years to save for a house down payment :/
2 replies 0 retweets 4 likes -
Replying to @eigenrobot @MorlockP and
The interesting question no one ever asks is where does all this money end? Bcs your quality upper class all-organic 3x price bakery down the street doesn't pay 3x wages or triple the avg for flour vs the bakery asking for 1x money in Smalltown, Wyoming.
1 reply 0 retweets 1 like -
Replying to @jasogamol @eigenrobot and
Neither did your landlord pay 3x the cost for erecting the rooms you are living in, back then in 196x... BTW 3k unallocated money for a single young person (I suppose) feels only mediocre safe in the US, in socialistic Europe you are really rich (<98% percentile) with this.
1 reply 0 retweets 2 likes -
Replying to @jasogamol @eigenrobot and
$3k/mo unallocated is far better than "mediocre safe". European welfare state provides mediocre medicine, while US job related health insurance usually provides much better.
3 replies 0 retweets 5 likes -
Replying to @MorlockP @jasogamol and
probably also worth noting my emergency fund at this point is substantially a fairly vast set of untapped credit (card) lines things would be tight if I suddenly lost my job because of fixed costs; and I really Really don't want to tap retirement funds source of some anxiety
2 replies 0 retweets 5 likes -
Replying to @eigenrobot @MorlockP and
I mean, I think you can probably save more? I live in NoVA (one of the most expensive places in the country) and have a bit less after fixed costs but I'm still socking away a lot of cash each month in addition to retirement
2 replies 0 retweets 1 like -
Replying to @MoralHazardPay @eigenrobot and
Part of this is that I started budgeting heavily when I was a poor recent graduate and have kept it up, but if you're not constantly hitting the bar, casino, or tailor you can save!
1 reply 0 retweets 1 like -
Replying to @MoralHazardPay @eigenrobot and
(and by bit less I mean I make less than half your pretax amount)
1 reply 0 retweets 1 like
It's kind of interesting where it ends up Travel is a lot, we had a fairly pricy trip to New York recently (but don't plan on this sort of thing often) There's also a fair amount of home capital accumulation (eg got a nice china set that should last forever)
-
-
Replying to @eigenrobot @MoralHazardPay and
what I really think is interesting though is that maybe there's an element of "if you can afford one (1) nice thing you can afford all similarly nice things" to some critiques fairly dangerous mentality to fall into personally but maybe less when applied to others (?)
0 replies 0 retweets 4 likesThanks. Twitter will use this to make your timeline better. UndoUndo
-
Loading seems to be taking a while.
Twitter may be over capacity or experiencing a momentary hiccup. Try again or visit Twitter Status for more information.