Were you saving for retirement at the time? I'm pretty conservative with spending, but when you consider you should be putting away at least 18k/year (presumabl

Were you saving for retirement at the time? I'm pretty conservative with spending, but when you consider you should be putting away at least 18k/year (presumably via 401k, + employer match) if you ever expect to retire, and in manhattan you'll probably be spending at least 1500k/month for rent, plus you've got to pay for food and transportation... $90k/year in NYC pre-tax -> ~$60k/year in NYC post-tax. State and local taxes hit hard when they're a combined 10%ish. Out of that $60k, you'll probably be spending at least $20k on rent alone. Factor in utilities and you're getting closer to $22k total for the year. So we're already down to $38k tops. Food is going to cost you at least $200/month if you've got a decent diet, your work doesn't provide food for you, etc. In Manhattan I'd be impressed if you could get that low, because stuff tends to be a lot more expensive here, but it's probably possible if you're frugal. So after food you're hitting $35k left over. Transportation: most of us don't work in LES, the nexus of cheap housing in Manhattan below 90th. Most people work in FiDi or Midtown, and rent is expensive there, so either you're spending a lot more on housing, splitting a bedroom with someone to hit the $1500/month price point, or commuting in from an outer borough. Regardless if you're living in the city you probably use the subway sometimes... so let's take $130/month out for an unlimited subway pass. If you commute both ways 5 days a week you're basically even on pay-per vs. unlimited, and hopefully you leave your apartment on weekends, so it's probably worth it. So you're now at $33k left over. Now let's take that $18k/year out for retirement, since the USA will let you starve on the street if you hit 65 without savings and Social Security is not a replacement for retirement savings. Now we're at $15k after the fact. So you've got $15k a year to: 1) save for a down payment on a house/apartment down the line (unless you want to be a renter for life) 2) big-ticket non-regular expenses, like buying furniture, clothes, traveling 3) maintain a 6-month safety buffer in a relatively liquid form (so... 30k to cover rent/food if you lose your job?) 4) medical expenses 5) saving for children, college, pets, a car, etc. down the line 6) luxuries like going out to eat, getting a drink/coffee with friends, or a gym membership If your rent is closer to $2k/month (if, for instance, you want to live alone in a decent apartment) you'll have $9k left over for this. God forbid you have to dump $400/month on student loans, which is easy to rack up even if you went to a state school. Yeah I guess it's possible, though it looks to me like your budget is going to be pretty tight the minute you start saving responsibly for retirement. I've got more wiggle room because my job pays more than $90k, but I definitely have a fear of a huge medical expense or getting fired from my job. Anyway, I'm curious if you have a different perspective on this. Do you think things like going to the dentist/eye doctor/yearly physicals are luxuries? $75k sounds brutal in lower Manhattan, but maybe I'm not seeing something. Was this in the 90s/early 2000s or something? Also, I completely agree that if you're making good money you still need to have morals. But please don't conflate my point of "NYC is expensive" with "bullshit" just because I try to be financially responsible. I think you might have a good argument here but there's no need to resort to insulting words and ad hominem attacks.