Re:I made 6 figures at my Facebook dream job – but couldn't ...
by hapless on Wednesday September 14, 2016 @11:42AM
(#12498092)
Spending 30% or 40% of your family's income on a car is bad financial planning.
If "the narrative" indicates you "should" be able to spend that much, you need a new narrative. Ideally one that will not send you into penury.
The narrative is that we are so well paid that we should be able to do that. But we obviously can't.
I'll concede that software engineers are overpaid and in such high demand when that is the case for the median case.
Just caught your edit. Middle class is relative to cost of living. Most of us work in cities where the CoL is much higher and so is the middle class income. It'd be better if we can both stick to comparing apples to apples and I think in this case sticking to cities is our best bet. SF median income is 100k [0]
[0] http://www.deptofnumbers.com/income/california/san-francisco...