▲ 67 ▼ If You Were Unemployed, But Had A Hefty Savings Of 10K, In What Ways Would You Approach Your Job Search Differently? (lemdit.com) submitted 2 years ago by PrettyBlackDress@lemdit.com to c/asklemmy@lemmy.world 130 comments fedilink hide all child comments The point is not to chill and just burn through the savings and not work. How would having that much money saved, change the way you look for jobs?
[–] SCB@lemmy.world -3 points 2 years ago* (1 child) There is no definition of being wealthy that does not include people that make $120k/year. You are richer than 80% of the country at that point. Lots of people have families in high COL cities and live on significantly less money than that. https://www.taxpolicycenter.org/statistics/household-income-quintiles Maybe a hurricane, strong winds or just normal wear and tear made their house roof leak, thats $20k right there, ask me how I know. I literally spent $24k on home repairs this summer, and I just pay it in payments, and I make 6 figures. No normal person pays this in cash, outright. My roof replacement a few years back was $8k covered by home insurance. permalink fedilink source parent hideshow 2 child comments replies: [–] ilmagico@lemmy.world 2 points 2 years ago (1 child) There is no set amount of USD that defines the line between "wealthy" and "poor". Your $120k figure would go a lot further in Mississippi or Texas that it would go in California or Massachusetts, where that would be barely enough for a large family. There's definitely a place (or two) in the US where a family struggles with $120k/yr. Sure, just move to Mississippi, I guess ... Lots of people have families in high COL cities and live on significantly less money than that. They would be considered "poor" there, or at least not wealthy. I literally spent $24k on home repairs this summer, and I just pay it in payments, and I make 6 figures. Well good for you, I guess. No normal person pays this in cash, outright. I guess I'm not normal. My roof replacement a few years back was $8k Good for you, that would get you half a roof here, and insurance won't cover if it's considered normal wear and tear. permalink fedilink source parent hideshow 2 child comments replies: [–] SCB@lemmy.world -3 points 2 years ago No you are definitely not normal and that is the entire duscussion permalink fedilink source parent
[–] ilmagico@lemmy.world 2 points 2 years ago (1 child) There is no set amount of USD that defines the line between "wealthy" and "poor". Your $120k figure would go a lot further in Mississippi or Texas that it would go in California or Massachusetts, where that would be barely enough for a large family. There's definitely a place (or two) in the US where a family struggles with $120k/yr. Sure, just move to Mississippi, I guess ... Lots of people have families in high COL cities and live on significantly less money than that. They would be considered "poor" there, or at least not wealthy. I literally spent $24k on home repairs this summer, and I just pay it in payments, and I make 6 figures. Well good for you, I guess. No normal person pays this in cash, outright. I guess I'm not normal. My roof replacement a few years back was $8k Good for you, that would get you half a roof here, and insurance won't cover if it's considered normal wear and tear. permalink fedilink source parent hideshow 2 child comments replies: [–] SCB@lemmy.world -3 points 2 years ago No you are definitely not normal and that is the entire duscussion permalink fedilink source parent
[–] SCB@lemmy.world -3 points 2 years ago No you are definitely not normal and that is the entire duscussion permalink fedilink source parent