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Seconded. Earning 600k a year should automatically disqualify you from talking about living frugally.

• dogma1138 5y ago
  Yeah I don’t get how their outgoings are so low given where they must live… rent or buy it simply doesn’t fit even if they are renting a room and living of cup noodles based on rent in the Bay Area some of their outgoings are suspiciously low. So I think getting a house gifted by your parents is also a requirement for their path.
  • joshuamorton 5y ago
    Their outgoings aren't particularly low. I guess early on they were, but that's "living with roommates". Their current col is very much in the "rents a two bedroom apartment and spends whatever they want on food" category, but they probably don't own a car. My personal expenses are a tad lower than theirs, and I rent an apartment in San Francisco that I live in alone.
  • Zababa 5y ago
    Not really. An appartment alone is $2000 a month according to the post. That's 24% of your income at $100k, and not even 4% at $620k. I don't know how much people in the US usually spend on rent/housing, but anything under 30% of your income seems low to me.
    • lucaspm98 5y ago
      30-33% of income is the rule of the thumb as the maximum a landlord would accept a tenant to rent in the US.