What salary do you think would make you happy? (lemmy.world)

submitted 9 months ago by phoneymouse@lemmy.world to c/asklemmy@lemmy.world

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[-] Furbag@lemmy.world 26 points 9 months ago

I remember a time when someone making "six figures" was extremely wealthy. Now six figures just seems to be the baseline for even having a chance at tackling home ownership in suburban areas. 120k is probably ideal. I don't likely need more than that and it should be enough to pay for a comfortable lifestyle.

Getting there is the tricky part.

[-] Thrashy@lemmy.world 18 points 9 months ago

I make $115k per year, my wife makes another $20k or so, we have one kid, a tiny house in a slightly sketch part of our Midwestern city that I bought a decade ago when it was almost cheap, and both our cars are paid off... and we're treading water financially. I don't know how anybody my age is affording big houses and new cars, unless it's just by snowballing debt at an alarming pace. I'm already underfunding my 401k just to maintain some liquidity.

this post was submitted on 21 Jan 2024

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