Comment on Why Video Games Cost So Much To Make - Jason Schreier
ampersandrew@lemmy.world 1 day ago
I’m not sure why so many people are down voting this. The only part I took issue with was what kind of salary Schreier said would make one rich versus middle class in an expensive city. I live in an expensive city, I don’t make anywhere near as much as some of the high salaries he cites, and those who do around me are certainly rich.
ZephyrXero@lemmy.world 22 hours ago
People fail to realize how rich the 1% really are was his point. Even $500k per year still wouldn’t get you into that tier of rich
ampersandrew@lemmy.world 22 hours ago
There are for sure tiers of how rich you can be. But when you’re beyond the point of financial stress and can at any time stop working for the rest of your life and not worry about making ends meet, I think most of us would call that rich. If you’re pulling in a quarter million per year, even in an expensive city, the slightest bit of sense with your money allows you to accumulate wealth so quickly that I think you qualify.
HubertManne@piefed.social 21 hours ago
I don’t think you are right with this. I live in one of the most affordable major cities and if a family is not running on 6 figures then your likely in the red unless you somehow have a very cheap situation. Lets assume 2 bedrooms here btw which I don’t think most people would consider high on the hog space. Now its true that technically you have all the overage to squirrel away but most folks have a hard time living on the edge of being in the red frugally. Once you have money you would like to have that lifestyle of going out once a week (especially if your job is stressful) and being able to take that once a year vacation. So yeah you have an extra 150 but 50 of that goes to taxes and the other 100 can be eaten up fast by wanting to live in a free standing house and having newer things and such. You will be able to fund your retirement well and live well wihtout concern but you won’t be able to stop working for the rest of your life unless you again live like a pauper for a few years to save enough and then live off of that like a pauper or go move to the boonies and that does not even broach if you have some sort of medical issue while your not working for the rest of your life. Its comfortable not rich. I mean I would not even consider a second home and car rich but that is because I am old enough to have seen a time when that was achievable for middle class. I would say rich is you could stop working and afford full medical insurance in the us while having a house and vacation house and new stuff.
ampersandrew@lemmy.world 21 hours ago
The combined income of my wife and I comes in under one of the figures he gave, and with a 2 BR apartment in NYC, we are very, very comfortable, even after splurging the past few years on a far nicer location for an extra $1k/month in rent. The rest of what you describe is what I would call lifestyle inflation, and I’m not living the life of a pauper because I don’t own a car; if anything, that’s extraordinarily wasteful around here, and it’s something that less of half of this city even bothers to do.