▲ 845 ▼ Over half of Americans say they're not even close to financial freedom (scrippsnews.com) submitted 3 years ago by fne8w2ah@lemmy.world to c/news@lemmy.world 197 comments fedilink hide all child comments
[+] NathanielThomas@lemmy.world 5 points 3 years ago* (last edited 2 years ago) (1 child) [removed by mod] permalink fedilink source parent hideshow 2 child comments replies: [–] TyrionsNose@lemmy.world 1 point 3 years ago I get what you’re saying. The money from $60k to $100k just goes into the things you should be able to afford at $60k. At $100k you can afford to contribute to your 401k, start a small contribution towards your children’s college fund, pay random bills, afford a Toyota Camry instead of a Corolla, moderate vacations, etc. I had the same experience and it was humbling. But you also slowly forget exactly how tough it was looking at your bank account and knowing there was a bill not getting paid that month. permalink fedilink source parent
[–] TyrionsNose@lemmy.world 1 point 3 years ago I get what you’re saying. The money from $60k to $100k just goes into the things you should be able to afford at $60k. At $100k you can afford to contribute to your 401k, start a small contribution towards your children’s college fund, pay random bills, afford a Toyota Camry instead of a Corolla, moderate vacations, etc. I had the same experience and it was humbling. But you also slowly forget exactly how tough it was looking at your bank account and knowing there was a bill not getting paid that month. permalink fedilink source parent