Ill-advised indeed. I'm paid €46k before taxes and social security (ie. very average income) with at take home of €27k after taxes. Most of my (frugal) living e

Ill-advised indeed. I'm paid €46k before taxes and social security (ie. very average income) with at take home of €27k after taxes. Most of my (frugal) living expenses for the year can be paid are on my first €16k. Which leaves me with approximately €10k for savings and leisure. If I were in the U.S. (Chicago), with a $104k before taxes and living expenses at $35k, I'm still left with $34k or €32k. A 3X increase in saving. YMMV. I went to university for 5 years but fortunately have no exorbitant student loan to pay back. And even if I did with full tuition I'd still be better off