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In 2022, 100k is not as much as it used to be. It is still a decent chunk of change, but it is not exactly life changing; especially if you live in high cost of
by A4ET8a8uTh0 4y ago
In 2022, 100k is not as much as it used to be. It is still a decent chunk of change, but it is not exactly life changing; especially if you live in high cost of living area ( NY comes to mind ).
Naturally, there are people who are broke regardless of how much they earn, but I personally think they are an anomaly.
- Infernal 4y agoI was in high school when "The Ladders" commercials came out in the US. It was a job board for high earners. I remember the tag line "100k jobs for 100k talent", this was in the early 2000's. It stuck with me because this was several multiples of the household income of anyone in my extended family, and I couldn't imagine ever making that much money or what those people's lives must be like. Then ~5 years ago I crossed the 100k barrier myself, though it didn't feel that momentous or impactful. Earlier this year I looked up the rate of inflation since those commercials, turns out that 100k when they were airing would be more like 160k now...
- A4ET8a8uTh0 4y agoThank you for sharing this. This is exactly my point. The absolute number looks better and serves as an emotional barrier/achievement of sorts ( hell, I know I called my mom when it happened for me ), but in real terms ( as in, what that money can get you ), it is not as 'good' at getting goods as it once was.