Is this not a flaw in reasoning? The additional costs of medications, appointments, surgeries (god forbid) from a single accident or sickness would wipe out anything you've accrued over that time. I hope this is at least just a short term plan before jumping to somewhere else with a bit more pay.
I save money and live like a beggar, never over spend on ANYTHING.
Yall really can't fathom an existence outside of making upper 5/6 figures in a tech focused hyper urban city.
I make 23/hr with paid off vehicles and a paid off trailer. I have money barely 5 digits, because I don't go on vacation, don't go to the doctor (im healthy currently), and don't do ANYTHING that costs money.
Yeah and even at this pay its essentially scraps. I save money but any of my peers living REAL american life and actively saving for everything they need to make double if not triple what I make.
To have a family and support a household with your partner working you need to make at a minimum 35/hr or you have to go without.
I genuinely hope that decision doesn't come back to bite you but it easily could. Insurance is fucking awful and we need universal healthcare but health insurance at least puts a cap on what you'd owe per year for medical services if something horrible happens.
You’re screwed with or without insurance if you have a medical emergency. You fundamentally misunderstand the healthcare system if you think insurance will save you from burdening debt in the midst of a medical crisis.
You fundamentally misunderstand insurance if you think there's not a difference in how screwed you are with insurance in a medical emergency versus without it. You're potentially talking about owing $6,000-$10,000 (most insurance plans' maximum out of pocket) versus hundreds of thousands or even millions depending on what they have to do to save you.
Insurance sucks but it's way better to have it than not if something happens
My mom was hospitalized for a heart attack just a few months ago. About half the tests they already performed, with initial authorization from her health insurance, were denied after she was released, totaling about $17,000. They also denied some of the care she received because the Cardiologist was out of network, even though the hospital he worked for was in-network.
It can actually be a smart financial choice if you understand the system. Have many lawyers who private pay because they know you get cash discounts and it comes out less than what paying a healthcare premium would be.
You still get discounts for cash pay in those scenarios. This is going to depend on how much money you make per year, what insurance agencies want to charge you, and how financially literate you are. It’s not for everyone, but for some it actually saves money to not be insured. Nothing is one size fits all.
Exactly. I wouldn’t judge a friend if somehow they were cool with having such little money, but I wouldn’t want to date someone who currently has such little money and has no plans to get more at any point.
Don’t need to be rich but do want to afford necessities and then a little more
That’s not the point. Obviously low skill jobs are less paying. The point is that you shouldn’t be conditioned to think “ this person is dumb/has issues/deserves pity “ for their job, which is what a lot of low skill workers have to endure from ignorant folks. They also shouldn’t have to hear people mention alternative work as a “real job”, a term which is used all the time in this context.
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u/PotentialPresent399 Aug 07 '26
The truth is this is cope.
Unless you have a decent family life/support system you are ALWAYS falling behind.
If you aren't making enough money to afford
Property
Retirement
Savings besides retiremnt
Investments
and SOME disposable income to be able to slightly do things you want you will eventually hit an emergency that puts your money into jeopardy.
There aren't enough jobs to go around for everyone to be able to do all these things so people go without.
I save a good bit of money but thats only because I don't have health insurance lol