I can't really emphasise with people who are wealthy or high income (which 70k is), who say they are struggling with monetary matters. They've made some choices and prioritizations. People who own multiple properties say that they "can't afford" some basic consumer good, or indignant that they have to work a lot of overtime to make ends meet. Yes, you chose a high cost life style.
I try to set aside a disproportionately large part of my income for high risk investments. Everybody I know says they can not afford to make any investments, and especially not risky investments. How can they not afford it when they are wealthier than me and have larger incomes than me? Because they prioritised something else. And that's cool, but why can't people cut the bullshit. And I don't ask others about their finances or bring up the topic.
So I'm going to double down and say that there are exactly 0 cases – outside of rare medical disorders – where somebody has to struggle to live on 70K.
Edit:
>And I don't ask others about their finances or bring up the topic.
Not that it's necessarily couth to bring this subject up socially, but I do get the vibe that you could benefit from hearing from others regarding their situations.
Thank you! Have a nice weekend also.
> Not that it's necessarily couth to bring this subject up socially, but I do get the vibe that you could benefit from hearing from others regarding their situations.
I think I'll first want to make 70K myself, before I seek out somebody to complain about how hard their life is with only 70K. Likewise, I'd like to own multiple properties myself before I have to listen more to people with multiple properties complain about their life.
Likewise, I don't think anybody working minimum wage or living in a rented trailer would like to hear me complain about my money woes, wouldn't you agree?
And this isn't a judgement towards those in those situations, it's empathy from my end - I feel the need to clarify after another user's flippant comments elsewhere in this thread.