According to the below article, median American salary is $54k. With the rent/mortgage, insurance etc everything so high how a normal citizen would survive? https://www.firstrepublic.com/insights-education/how-much-does-the-average-american-make
This is reality!
Median American doesn't live in HCOL.
When people list their budgets on blind it includes 401k, child care, food delivery, vacations, expensive cars, huge mortgage and plenty extra for savings. Normal people simply have none of that.
this
No savings and debt. A lot of debt.
They can't. Something like 50% of US citizens can't afford an unexpected $1k expense. Think about that. https://www.cnbc.com/2022/01/19/56percent-of-americans-cant-cover-a-1000-emergency-expense-with-savings.html
Shared housing, only buying things that are on sale, not taking vacations, working multiple jobs, not having insurance
Can't imagine the expenses without insurance.
Insurance in this country is an unbelievably bad joke.
Because normal people in America don’t put half their paycheck into savings like most Blinders.
Money management skills for people in tech are usually quite bad. So it's often hard for tech folks to fathom how someone can live on less than that.
Top 10 average income dominated by Democratic states. Bottom 10 average income dominated by Republican states.
This post has nothing to do with the fact
Unfortunately you shared a link and I made an observation about the contents of that link.
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