Re:Why America's economy is soaring ahead of its rivals
by anonzzzies on Wednesday December 04, 2024 @07:34PM
(#42323585)
Your quality points are similar to mine, but then I don't get the US part? Many of these are basically guaranteed here. And the others are similar; for me it was never hard (because I am programmer since I was a kid) to make stupid money, but stupid money doesn't mean billions. The only reason I can see the US for is to make billions instead of millions. But the point is; if either of that fails, at least I always knew I am never living in a trailer park or on in my car or under a bridge here. Whatever risk (well outside dope) I take, it won't be that bad.
I cannot see how the US helps here positively unless you are don't mess up; I have got all you listen with very little effort and no risk (if it failed, I would live very much exactly the same) except maybe the family starting part as I never wanted kids. But the rest I have. I don't have a mortgage to care for either; I don't care for goods (like you), so I have a simple abode with a lot of (hiking and kayaking) land, which happens to cost next to nothing here.
Re:Why America's economy is soaring ahead of its rivals
by shafoshaf on Wednesday December 04, 2024 @05:16PM
(#42322642)
>>>>large emergency fund (zero stress about paying mortgage or losing job).
I don't know about the EU, but in the UK I know their mortgages are usually fixed for only like 5 years. In the US they are typically 30 year fixed. That can cause a lot of instability when interest rates go up.
I’ll share what a quality life means to me. For context, I grew up middle class, my father was a city employee, and my mother was a stay at home mom for a number of years.
• large emergency fund (zero stress about paying mortgage or losing job).
• I don’t have to look at prices when buying groceries or eating out.
• Time and money for 1-2 vacations per year. At least 1 international. My spouse and I love to visit new places.
• I can work remotely outside the US for 4 weeks internationally per year. I typically stay with my dad’s side of the family (in europe) for 3 weeks each year, while working remotely. Great way to spend lots of family time and not burn vacation time.
• No stress about medical care or costs.
• Ability to start a family without money stress.
• Good work life balance, no more than 40yrs on average. Minimum 3 weeks vacation per year.
• Ability to retire earlier, to pursue hobbies, if i wish.
• Easy access (45 min or less) to quality outdoor recreation on the weekends. Things like hiking, kayaking, etc.
A lot of those are luxuries, but certainly feel like a quality life for me. Yes, I realize how lucky I am. MOST people in the US are not so fortunate. I’m just explaining what quality of life might mean to someone… It’s not about buying pointless junk for me.