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The vast majority of people in the US don't live in California, and even those who do might be slightly better off in terms of healthcare and food, but given th
by sumeno 1y ago
The vast majority of people in the US don't live in California, and even those who do might be slightly better off in terms of healthcare and food, but given that CA has the second highest cost of living behind Hawaii and >25% of the country's homeless population I'm not sure it's considerably better.
Net worth is a poor metric for this, it includes a lot of illiquid assets. You can't eat your car if you lose your job. On the other hand the median savings account balance is $8k which isn't going to last very long at all
- adventured 1y agoLive in a college town. Either do contracting, or work at eg CVS/Walgreens/Sam's Club/Costco etc for $16-$20 per hour. Pay your bills with that. Work on your start-up ambitions. It will provide you a forever runway. Is it easy? Of course not, it's very long hours. It's very viable however. I did that path at one point so I wouldn't need VC while I hacked away at ideas, wouldn't have any contracting conflicts, and wouldn't have to touch my investments to sustain myself. And those businesses will also give you decent health insurance (worth $8k-$10k in terms of if you had to foot the bill solo).
- toast0 1y ago> You can't eat your car if you lose your job. No, but you can live in and save rent. Gotta be able to move it, at least every once in a while, though.