I think a lot of posters assume that their audience lives in the US, and more specifically in a high cost of living coastal city like SF or NYC. What "a lot" o

I think a lot of posters assume that their audience lives in the US, and more specifically in a high cost of living coastal city like SF or NYC. What "a lot" of money is varies dramatically based on where you live. Take a look at how much it costs to [rent a room](https://sfbay.craigslist.org/d/rooms-shares/search/roo https://sfbay.craigslist.org/d/rooms-shares/search/roo) in San Francisco, the cheapest possible housing option for an individual without a family. If you are working full time on a business that has 1k monthly revenue, your income will be less than 1/3 of minimum wage. On the other hand, in many places in the world as OP pointed out, 1k a month would be enough to live a comfortable lifestyle.