3 ms·
> what do you think [young people] would materially gain from [$100k]? Very little. Little? It would remove most of the obstacles in their life: Move away from
by creer 1y ago
> what do you think [young people] would materially gain from [$100k]? Very little.
Little? It would remove most of the obstacles in their life: Move away from shitty parents or neighborhoods. Allow Finish their studies without having to hold a job at the same time. Allow a decent job search. Rent near work. Become the foundation for long term investing. Have a decent minimal-breakdowns car if useful where they live/work. Have a safety reserve in case shit happens. After a little time building a credit record, become the down payment for their home (if that's worthwhile on their trajectory), etc, etc.
I would argue though that $100k may not by itself achieve much if - in general - lack of good example, lack of good counsel, presence of terrible "friends", mental illness, etc.
In spite of some views on HN, "normal job" is still the way to a comfortable life for most.