40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
40-year-old homeowner says economy doesn’t add up: ‘I’m making the most money I’ve ever made, and I’m still living paycheck to paycheck’
'I’m making the most money I've ever made, and I’m still living paycheck to paycheck'
“There's this wild disconnect between what people are experiencing and what economists are experiencing,” says Nikki Cimino, a recruiter in Denver.
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Some months I struggle just to save $1000 and it's really starting to get to me
You can save $1000 a month? Damn!
Right???
I really don't get these humble brags. Or are they actually just that disconnected from reality? Or maybe trying to mock people?
No, they genuinely think they are struggling. Rich people don't think they are rich, because there is someone who makes more, and they are rich. The 10% thinks they are struggling because they aren't the 1%. The 1% thinks they are struggling because they aren't the .1% and so on and so on.
I met a doctor once who thought that she was being 'struggling' by only making 450K/yr and she thought she deserved 550k/yr. She was 100% genuine.
I make 3x median income. and all i ever hear is how 'poor' i am from my friends/peers. Because do then 'poor' is anything less than 250K/year w/ multiple family properties to vacation and stuff.
It's that they have ALL THESE GOALS and want to do ALL THE THINGS and may genuinely make a great deal of money. It doesn't mean that they don't need to budget and save, though. This person is definitely out of touch with reality or was brought up wealthy.
I only make about 68k/year. I'm just single and live a frugal life. I only started driving at the age of 39 after I decided to splurge and buy a used Nissan with 145km on it.
I'm lucky if I can save $50 a month. You are effectively rich. Congrats on being disconnected from reality.
poor thing
No shade for your success but you may need a bit of a reality check. Most people cannot save $100 a month.