The point is that even six-figure earners are struggling.
And there’s something to that. People with 6-figure incomes tend to work in more metropolitan areas where housing is very expensive. I make about 80 grand, and the only reason I’m getting by at all is because my drive to work is about 2 hours with traffic. A modest 1br apartment in the city where I work is about $3,000/month.
If the “six figures” people are in survival mode then what about the other 90% of the population with 5 figures or less?
The point is that even six-figure earners are struggling.
And there’s something to that. People with 6-figure incomes tend to work in more metropolitan areas where housing is very expensive. I make about 80 grand, and the only reason I’m getting by at all is because my drive to work is about 2 hours with traffic. A modest 1br apartment in the city where I work is about $3,000/month.
Cost-of-Living matters, but I think what you said is part of the point of the article.