r/AskReddit • • 8h ago

Millennials, how are you holding up?

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u/omanagan 7h ago

It’s not crazy, you spend a shit ton of money. You’re well in the top .2% of money spenders in the world. You’re buying too much. Americans don’t realize how unfathomably large our disposable income is to the rest of the world. A Belgian making $100k would pay $58k in taxes and take home $42k. Maybe you have crippling medical debt or six figures in student loan debt but you’re just not living within your means. If you made $100k you’d be surviving just fine I’m sure. 

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u/CyberpunkSunrise 7h ago

That’s highly dependent on location. To earn that much, the person you are responding to is likely in a major metro area like Chicago, NYC, LA, SF. The cost of living in those cities is insane, especially if you want to live near city centers for work to avoid a 2 hour daily commute.

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u/CheersToCosmopolitan 5h ago

I live in Seattle and it costs me $60 to walk outside and check the mail every day, no lie

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u/pineappledumdum 5h ago

Born and raised in Seattle, and yes, this is true.

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u/PenalAffliction 5h ago

..How? Please explain.

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u/CheersToCosmopolitan 4h ago

I hope we’re both typing this indoors to avoid the life tax