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You can still do this. You might not have people in your social circle and family who meet these criteria, but it's happening all around you. Just anecdotally i
by caymanjim 5y ago
You can still do this. You might not have people in your social circle and family who meet these criteria, but it's happening all around you. Just anecdotally in my own family, I've got 20something nieces and nephews who own homes and are raising multiple children on single salaries with a stay-at-home parent, two cars, and a comfortable life. Sure, it's not easy, but it's not that unusual. They're happy, comfortable, and self-sufficient.
- necrotic_comp 5y agoI mean this without any snark or anything - where ?
- caymanjim 5y agoSome in NJ, some in the San Diego area. If you're outside the ultra-urban expensive bubbles like SF and NYC, it's not hard to survive on the salary of a full-time skilled tradesman. People have a habit of increasing their spending to rise with their salary and then thinking it's not possible to live on less salary. In the suburbs and in smaller cities, mid/upper five figures with medical benefits is enough to buy a home and raise a family. The median US salary for full-time salaried workers is about $50k.
- ekerstein 5y agoIf you have decent credit and salary you can buy a home for only 5% down. With 10-15k saved you can then buy a starter home in a smaller city or maybe outside the metropolitan area of a midsized city.