I make about 135K but I’m 40. I feel wealthy. But my family/friends/girlfriends all think I’m living barely above poverty level and tell me that I am a ‘not doing well at life’ or claim ‘you lack any drive for success at life.’
I would feel extremely wealthy with 135k. That’s 250% of my salary, and I already feel like I’m able to save a bunch each month. You must live in a big city to make that much, if you’re just an employee.
nah most people in my city think making 250K a year is ‘barely getting by’ like that other poster. our local subreddit would have posts claiming that a single person needed a minimum of 200K+ to be ‘comfortable’. I was ‘comfortable’ living here on 50K (savings, retirement, healthcare, going out regularly, etc)… and that was only 6 years ago. and tons of people who were making 500K a year screaming how unfair and impoverished they were because they couldn’t afford 40ft boats or seven figure homes on the water. and getting heavily upvoted.
by buy ‘barely getting by’ they usually mean a giant suburban house, two luxury cars, expensive vacations, and a second home. people seem to think anyone who isn’t a millionaire by 35 is a failure at life. a lot of the people I meet often make same/less than me buy spend WAY more than I do. Like 15K on traveling per year easily.
I grew up poor though. I didn’t grow up in a big rich suburban house w/ a vacation home… like many people who live here and feel poor.
You might just have “the wrong friends”. Not really wrong, but theres a certain kind of personality where theres no such thing as enough.
You have to be gunning for the next promotion. You have to be monitoring your index funds. You have to be considering switching financial advisors. You have to be finding a way to monetise your hobby. You have to follow the trends to make sure you have the car that says you’re the man for the job. You cant just buy one house to live in, you have to start a portfolio of properties.
I feel like income needs to be divorced from spending and wealth. If you’re not in want and can save with your salary, you’re wealthier than someone with four times your income and yet is still drowning in debt.
I make about 135K but I’m 40. I feel wealthy. But my family/friends/girlfriends all think I’m living barely above poverty level and tell me that I am a ‘not doing well at life’ or claim ‘you lack any drive for success at life.’
It’s weird af.
I would feel extremely wealthy with 135k. That’s 250% of my salary, and I already feel like I’m able to save a bunch each month. You must live in a big city to make that much, if you’re just an employee.
where i live people think anything less than 500k/yr is not doing well.
That’s absolutely insane. That’s almost my yearly income every month. Disgusting amounts of money lol.
But that kind of cash is surely not expected of an employee, right? That’s CEO of a small to medium sized company kinds of cash.
nah most people in my city think making 250K a year is ‘barely getting by’ like that other poster. our local subreddit would have posts claiming that a single person needed a minimum of 200K+ to be ‘comfortable’. I was ‘comfortable’ living here on 50K (savings, retirement, healthcare, going out regularly, etc)… and that was only 6 years ago. and tons of people who were making 500K a year screaming how unfair and impoverished they were because they couldn’t afford 40ft boats or seven figure homes on the water. and getting heavily upvoted.
by buy ‘barely getting by’ they usually mean a giant suburban house, two luxury cars, expensive vacations, and a second home. people seem to think anyone who isn’t a millionaire by 35 is a failure at life. a lot of the people I meet often make same/less than me buy spend WAY more than I do. Like 15K on traveling per year easily.
I grew up poor though. I didn’t grow up in a big rich suburban house w/ a vacation home… like many people who live here and feel poor.
Sounds like an absolutely insufferable place to live. WTF lol
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Must be a very high cost of living area. I make less and am definitely comfortable.
My husband and I are raising a kid off $60k/yr.
His father helps with emergencies, for example the washing machine broke recently, so his grandmother actually bought it, as an early Christmas gift.
We’d be wrecked if we didn’t have at little help here and there.
The most I’ve ever made on my own was $42K for the year… These high salaries folks talk about blow my mind.
You might just have “the wrong friends”. Not really wrong, but theres a certain kind of personality where theres no such thing as enough.
You have to be gunning for the next promotion. You have to be monitoring your index funds. You have to be considering switching financial advisors. You have to be finding a way to monetise your hobby. You have to follow the trends to make sure you have the car that says you’re the man for the job. You cant just buy one house to live in, you have to start a portfolio of properties.
It sounds properly exhausting.
I feel like income needs to be divorced from spending and wealth. If you’re not in want and can save with your salary, you’re wealthier than someone with four times your income and yet is still drowning in debt.
If I was making that I would be going to Hawaii at least every couple of years.