4 ms·
It's not about the extremes. Some people are barely getting to the end of the month and some of those will be buying expensive toast on the way there and will b
by JonChesterfield 4y ago
It's not about the extremes. Some people are barely getting to the end of the month and some of those will be buying expensive toast on the way there and will be better off if they stop that. Lots of people get to the end of the month easily, however much they eat out, and still have zero chance at getting on the housing ladder.
If the cost of housing increases faster each year than your annual salary, it doesn't matter a damn what fraction of your salary you manage to hoard in a year, you still aren't buying a house. But that salary can handle vacations and coffee just fine.
- yamazakiwi 4y agoMy coworker complains that even though he has received raises every year since graduation their effective spend has decreased because of inflation. So much so that he was making more money as a student than as an FTE.
- bravetraveler 4y agoI believe it. I've gone from paying zero attention to the cost of things... to cutting extras/budgeting in the last five years; with just as many raises! It really feels like my career leaps have been nullified. Unless I find a similar joint income, I don't know if I'll own a home. There's no family windfall to expect I know, woe is me. I feel for everyone that doesn't have this padding. Aside: The down payment stories I hear have been absurd. What's reasonable, on the low end?