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A comment on Despite rising wages, 61% of Americans are still living paycheck to paycheck. Parent comment
That's about $7.7k a month after tax.
Now factor in some variable combination of:
1. Rent (3-4k for a 2bdrm or larger) 2. Student Loans 3. Debt 4. Childcare (daycare) ($2-3k) 5. Health care
This excludes 401k contributions, saving for a financial buffer, any type of car or commuting expense.
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That's about $7.7k a month after tax.
Now factor in some variable combination of:
1. Rent (3-4k for a 2bdrm or larger) 2. Student Loans 3. Debt 4. Childcare (daycare) ($2-3k) 5. Health care
This excludes 401k contributions, saving for a financial buffer, any type of car or commuting expense.