“6-figure salaries just aren’t cutting it”
Reminds me of the people who insist on higher taxes but complain that raising taxes on their lowly 300k+ two-income household would be oppression.
It’s never enough.
Low six figures in many places is barely middle class these days. I’m not even kidding.
Indeed. One couple here is living in Bay Area. I’m sure rent/mortgage, daycare, and school loans take a huge bite out of things.
100k a year in most EU countries is considered wealthy, and we have the highest taxes in the world.
We also generally have higher food/gas prices than anywhere else, so probably it’s more related to spending habits in the US. Eating out should be a once per month thing not three times per day.
That being said, we also got free healthcare and education so probably makes a huge difference.
You have a MUCH better social structure Wich saves a tremendous amount of money compared to us.
Our taxes wouldn’t be a problem if our prices were reasonable on most other things.
Yeah, student loans, rent, and healthcare eat up the majority of a lot of people’s income here
high earners, not rich yet.
We are going to be paying off our student loans for at least another decade," Heninger, who is facing just under $900 monthly payments between himself and his wife
Oh for fucks sake, if they have $100,000+ that’s $8,333 per month, and they can’t handle paying $900 per month?
Cry me a river will you?Not arguing with anything but your numbers. Gross pay is not net pay. My net is 60% of my gross with family health insurance taken out , and taxes (but mostly health insurance).
So that could be closer to 5k a month, let’s say 6 to be generous. Rent here for anything that will fit a family is close to 3k. Another thousand on top for student loans, then electric bill, car insurance or transit $, more people means more food, I can see it might be tight.
Still not anything to really complain about money wise but legit IMO to complain about student loans in general. Education from K through university or trade school needs to be free for students, the economy would work better.
Just because they make more income than you doesn’t mean they don’t also struggle. Their expenses are different from yours. Also these student loans are predatory. They have terms where you can pay for years and end up owing more than you originally took out
That’s not how it works.
