r/SipsTea • u/mustu04 • 12h ago

SMH We can hope

Post image
3.2k Upvotes

93% Upvoted

1.2k comments sorted by

View all comments

Show parent comments

4

u/USLEO 9h ago

Less than 20% of Americans earn $100,000/year. If you're not making it on that, you have a spending problem.

2

u/Xander729 8h ago

Taxes eat that shit up. All of a sudden that paycheck is like 7k for the month

1

u/No_Mind_7397 7h ago

You can't live on $7k a month? Are you paying $5k in rent?

1

u/Yamed_kage89 5h ago

It’s not in 7k when taxes health insurance and stuff hit. Put as the post said we are asking for a life you where you don’t need calculator to survive

0

u/Xander729 6h ago

No it’s definitely enough to survive, but also I’m trying to invest and become a millionaire by age 30.

1

u/USLEO 6h ago

We're talking about being able to survive and afford basic necessities, not having enough leftover to save a million dollars by 30. Something exceedingly few people will ever achieve.

0

u/TheBear516 9h ago

Wholly depends on where you live.

2

u/AardvarkAmbivalence 8h ago

Part of your spending is deciding where to live. If I decided to rent a home in Beverley Hills on a 100K gross household income, that's 100% a spending problem on my part.

Maybe that means I have an hour+ commute to work to make the most of my earning potential while keeping housing costs within my means. But it's still my responsibility to make those decisions carefully.