I don’t know, it just goes out faster than it comes in, no matter what you earn. I think it’s usually an accumulation of decisions, not a single poor choice.
However there’s also high cost of living areas. I’m sure $150k seems like a lot to most people, but around here it would be a struggle to buy even a starter home if that’s all you earned. And renting can easily be more per month than a mortgage so you’re never getting ahead
endeavor@sopuli.xyz 19 hours ago
I make 25k a year which is huge for me. It took me 2 years of buying all the shit i wanted and then i started saving up and investing. My goal is to have 10k in savings every year, because who knows how long it’s gonna last.
Regrettable_incident@lemmy.world 18 hours ago
I make about the same and save less than you each year - but I can only do it because I live in a van. How do you keep your housing costs so low?
endeavor@sopuli.xyz 17 hours ago
I live with my nan