5 ms·

Nah this is just false. I'm a founder and pay myself less than our employees, 70k does just fine. I define just fine as 'enough so you don't have to be distract

Nah this is just false. I'm a founder and pay myself less than our employees, 70k does just fine. I define just fine as 'enough so you don't have to be distracted by coupon clipping for daily necessities, and can still travel on trips and buy splurge purchases like a fancy rice cooker or designer couch or fancy cocktails.' I live alone in a 2br. I don't have assistance from family or a partner. Now, I do not live in a luxury building, and I am not building up a nest egg from my salary. And I rent. But when people think about the costs of NYC, a lot of people forget that you don't need a car, car insurance, or gas. Where you get into trouble is if you're paying a stupid large amount for rent. It is very possible to pay 1-2k / month in rent. Most people who move to the city at that budget live with roommates initially, but most find a really good deal, sometimes rent controlled, organically through networks after a year or two of living here. Deals are hard to find as they should be, but certainly exist, and most longterm locals have a great deal.

ziddoap 2y ago
>Nah this is just false. What is false? I didn't make any claims other than saying that in my circles I see some of my friends and colleagues have trouble making it by on $70k. I'm not sure how you would be able to tell me that I'm wrong about that. I'm happy that you are able to make it on $70k, though.
- mushufasa 2y ago
  >I didn't make any claims other than saying that in my circles I see some of my friends and colleagues have trouble making it by on $70k. I'm not sure how you would be able to tell me that I'm wrong about that. Okay, then let's make this rigorous. Falsifiable Claim: People live a life of struggle on 70k a year in new york, where struggle is defined by constant worries of physiological needs, safety, and security, as categorized in Manslow's hierarchy of needs. https://www.simplypsychology.org/maslow.html https://www.simplypsychology.org/maslow.html Falsified by counterexample. QED. For a lot of people, they may mean 'struggle' in the sense of living below where they want to be, which is relative. Maslow's hierarchy is helpful to categorize.
  - ziddoap 2y ago
    This might be the most "hackernews" comments I've seen in awhile. Can we maybe just have a normal conversation without trying to flex our superior debating skills? I was curious how many people that make the median wage in NYC are living comfortably solo -- that's it! You're making up claims, disconnected from my comments, and then falsifying them yourself in some sort of weird self-debating comment.
wikibob 2y ago
[on a salary of 70k] “I am not building up a nest egg from my salary” You are robbing from your future to live in the present. This might be ok for you specifically as you are making a gamble on your ownership of the startup paying off. Perhaps you have a family safety net. Or Perhaps you are ok with taking the risk that you don’t have enough money in your older years. It’s not really ok for standard employees to live that way. The USA social contract is that each person must self-fund their own retirement. Deferring that savings to “later” has truly staggering costs in compound-interest-years lost.
- mushufasa 2y ago
  "It’s not really ok for standard employees to live that way." The majority of standard employees live this way, or with less.
thfuran 2y ago
>and I am not building up a nest egg from my salary So you can't actually afford to maintain your lifestyle, unless your retirement plan is a revolver.

ziddoap 2y ago

>Nah this is just false. What is false? I didn't make any claims other than saying that in my circles I see some of my friends and colleagues have trouble making it by on $70k. I'm not sure how you would be able to tell me that I'm wrong about that. I'm happy that you are able to make it on $70k, though.

mushufasa 2y ago
>I didn't make any claims other than saying that in my circles I see some of my friends and colleagues have trouble making it by on $70k. I'm not sure how you would be able to tell me that I'm wrong about that. Okay, then let's make this rigorous. Falsifiable Claim: People live a life of struggle on 70k a year in new york, where struggle is defined by constant worries of physiological needs, safety, and security, as categorized in Manslow's hierarchy of needs. https://www.simplypsychology.org/maslow.html https://www.simplypsychology.org/maslow.html Falsified by counterexample. QED. For a lot of people, they may mean 'struggle' in the sense of living below where they want to be, which is relative. Maslow's hierarchy is helpful to categorize.
- ziddoap 2y ago
  This might be the most "hackernews" comments I've seen in awhile. Can we maybe just have a normal conversation without trying to flex our superior debating skills? I was curious how many people that make the median wage in NYC are living comfortably solo -- that's it! You're making up claims, disconnected from my comments, and then falsifying them yourself in some sort of weird self-debating comment.

wikibob 2y ago

[on a salary of 70k] “I am not building up a nest egg from my salary” You are robbing from your future to live in the present. This might be ok for you specifically as you are making a gamble on your ownership of the startup paying off. Perhaps you have a family safety net. Or Perhaps you are ok with taking the risk that you don’t have enough money in your older years. It’s not really ok for standard employees to live that way. The USA social contract is that each person must self-fund their own retirement. Deferring that savings to “later” has truly staggering costs in compound-interest-years lost.

mushufasa 2y ago
"It’s not really ok for standard employees to live that way." The majority of standard employees live this way, or with less.

thfuran 2y ago

>and I am not building up a nest egg from my salary So you can't actually afford to maintain your lifestyle, unless your retirement plan is a revolver.