Comment on Why Video Games Cost So Much To Make - Jason Schreier
ampersandrew@lemmy.world 1 day agoThe 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.
HubertManne@piefed.social 1 day ago
yeah with two incomes and no significant medical issues. believe me one income and a spouse who is sick would change your situation quick. And I get you live comfortably but can you stop working and live comfortably. Im just arguing he point of where one could be truly rich not just doing decently.
ampersandrew@lemmy.world 1 day ago
But that’s what I mean by how quickly you can accumulate wealth at a quarter million per year. Of course something could go wrong early in your career, but the average case is far better than that. Could I stop working and live comfortably? For a while. We’d have a lot of runway, far better than a 6-month emergency fund. Given a bit more time and saving into index funds, that can become indefinite, and that’s on our far-lower salaries than Schreier lists.
HubertManne@piefed.social 23 hours ago
yeah you could potentially get rich if you saved enough and where lucky enough with investments but your not really rich until you are there. honestly I think what I have is still a bit low for rich. rich is like in town in manhattan and palatial estate somewhere else. could eat out if you want every night and likely hiring some sort of help and I would say more than two things or at least one full time position. like basically you have to start having stuff that people might not even want at all. like a yacht. I mean merely owning a yacht would not be enough. I know a guy who was super into sailing and had what is technically a yacht but the traditional type not the grandiose type.