One-Third of Americans Making $250k Live Paycheck-to-Paycheck

Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by jghn on Wednesday June 01, 2022 @01:14PM (#31584987)

This is more or less what I do. Measured objectively against typical Americans I do save a ton. But back 10 years ago I figured I had everything I cared to have, so anything over and above would be gravy. Not so as it turns out.

So instead I have a target savings rate, and while I don't live on a strict budget I keep my eye on it that I'm close enough over time.

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Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by hanifc on Wednesday June 01, 2022 @01:36PM (#31585286)

> But back 10 years ago I figured I had everything I cared to have, so anything over and above would be gravy. Not so as it turns out.

Would you mind sharing what changed? This is actually something I've been thinking about lately. I'm trying to plan out the type of lifestyle that I'd ideally like to have while also estimating how much it would cost me. This way, I don't get needlessly tempted by chasing ever higher and higher salaries.

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Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by jghn on Wednesday June 01, 2022 @02:47PM (#31586336)

Sure. It's nothing profound. More a matter of having simpler tastes back then.

The first example that comes to mind would be there are restaurants I enjoyed that were a once in a year treat kind of place at the time. Now I go to those sorts of places multiple times a month. At some point I realized I could afford to do so, and I enjoy those places more, so why not? And then at some point they shifted to being among the default options when we think to go out for dinner.

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