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I can't even fathom trying to live on 30k. Where I live childcare costs around 20k, so many subsidies would be required for sure. Any little setback like unexpe
by aczerepinski 8y ago
I can't even fathom trying to live on 30k. Where I live childcare costs around 20k, so many subsidies would be required for sure. Any little setback like unexpected healthcare or transportation costs would absolutely destroy you.
- mlevental 8y ago>I can't even fathom trying to live on 30k. i have for most of my life lived on less than this. hell i lived on less than this in nyc. it's quite doable if you don't buy new clothes, don't own a car, don't travel, don't eat out, don't go to the movies, etc. you can even afford really bad health insurance. the only real issue is that you can't save enough for retirement (if you're comfortable living this way forever) and you can't save enough to take time off to get more education (votech or higher ed).
- aczerepinski 8y agoI too have lived in NYC on very little money, but I was young, healthy, and single. You list "can't save for retirement" as the only drawback, but I'd add "can't have a child" as another.