3 ms·
Making 40K a year is only sustainable while you're in good health and don't have a family to support. I remember my carefree twenties as well, but things can ch
by sixstringtheory 3y ago
Making 40K a year is only sustainable while you're in good health and don't have a family to support. I remember my carefree twenties as well, but things can change as you get older. There is no retirement plan on that kind of income other than waiting tables till you die. At least you should recognize that your relationship to money is very different than theirs. Having half a mil in savings is a completely different ballgame.
- Xeronate 3y agoI think both situations are unsustainable. I'm not financially stable because I hate my job and might quit at any time and he doesn't make enough money. But I think my main point is both of us have a way of becoming sustainable so you might as well do what makes you happy instead of working a job you hate for 8 years. Being a waiter making 40k isn't enough long term, but working your way into a higher end establishment or management is. A girl I dated started out as barista, became a store manager, and is now the regional manager and makes ~125k a year and more importantly she is a perfect fit for the job and enjoyed it the entire time. All I'm trying to say is there are a lot of paths to a sustainable life even when following your natural inclinations. But anyway OP responded his son's not super interested in college anyway so his plan sounds good to me anyway.