It's $40k of consumption. So if you'd want to save $6k as well, then you'd need to earn $46k.
Our advice is addressed at college graduates. The average grad makes $68k p.a. over their lifetime. (Source in the first article I linked to).
If you're reading HN, then it's likely you can earn more. The median software engineer makes $100k, and similar with other tech jobs (that's from the BLS).
I agree it's much harder to give money if you earn below the median income in the US, though it's hardly impossible. The average low income American already gives 3% on average (source in the OP), so my 1% is actually less than the average.
Moreover, almost everyone in America is far wealthier than the world median. Even if you only earn $10k, you're 7x wealthier than the world median.
Source: https://www.givingwhatwecan.org/get-involved/how-rich-am-i/
(That's PPP adjusted)
So while I agree if you're poor in US it probably wouldn't make sense to give to other poor in the US, it could still be worth giving to the global poor.
And then even more detail here: https://80000hours.org/articles/money-and-happiness/
It's $40k of consumption. So if you'd want to save $6k as well, then you'd need to earn $46k.
Our advice is addressed at college graduates. The average grad makes $68k p.a. over their lifetime. (Source in the first article I linked to).
If you're reading HN, then it's likely you can earn more. The median software engineer makes $100k, and similar with other tech jobs (that's from the BLS).
I agree it's much harder to give money if you earn below the median income in the US, though it's hardly impossible. The average low income American already gives 3% on average (source in the OP), so my 1% is actually less than the average.
Moreover, almost everyone in America is far wealthier than the world median. Even if you only earn $10k, you're 7x wealthier than the world median. Source: https://www.givingwhatwecan.org/get-involved/how-rich-am-i/ (That's PPP adjusted)
So while I agree if you're poor in US it probably wouldn't make sense to give to other poor in the US, it could still be worth giving to the global poor.