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I sympathize with Bay Area rents and home prices. But you need to take off your rose colored glasses about the standard of living in the 1950s. It wasn't nearly as good as you're making it out to be. People were content with less in those days.
Like people in the Bay Area now? content sharing studios with 5 other people?
That's why I don't have 401K yet because I feel like I need a bigger increase to balance everything out. I plan to get 401K in about a year or two once I am out of debt and have a bigger salary.
I don't know your income and monthly expenses of course, but I would rethink this plan^^ and seriously look into contributing to your 401K right away. Does your company provide any matching contributions? If so, I more strongly encourage you to consider contributing up the full matching amount.
One of the smartest financial decisions I ever made was contributing to 401K from the very beginning.
Like people in the Bay Area now? content sharing studios with 5 other people?
Years ago, when I was in high school, my family was poor, we couldnt afford a phone nor A/C, I shared a room with 3 other people. For lunch, I had peanut butter and jelly sandwich for years, because I couldnt afford to purchase even a burrito. Sound like you have a very sheltered life.
I don't know your income and monthly expenses of course, but I would rethink this plan^^ and seriously look into contributing to your 401K right away. Does your company provide any matching contributions? If so, I more strongly encourage you to consider contributing up the full matching amount.
One of the smartest financial decisions I ever made was contributing to 401K from the very beginning.
I don't know your income and monthly expenses of course, but I would rethink this plan^^ and seriously look into contributing to your 401K right away. Does your company provide any matching contributions? If so, I more strongly encourage you to consider contributing up the full matching amount.
One of the smartest financial decisions I ever made was contributing to 401K from the very beginning.
I will consider talking to the lady in HR about it and may consider sometime in 2016.
So I should wait around like a vulture to inherit?
That wasn't suggested, either explicitly or implicitly. Grown ups assess reality, however unpleasant. Then they take action and make tough choices.
If they value cool weather above all else, then they accept they might be living with parents or in a small apartment the rest of their lives.
Or they find ways to earn more money by getting a better job, a side job, or starting their own business.
Or they decide to move where the cost of living is cheaper, and they accept that the weather won't be as nice. There are other places in the U.S. besides Texas, by the way.
What grown ups don't do is complain incessantly about how unfair things are (and to a degree, I agree with you--but you can't change it), or how much better things were in the past (which probably isn't true--and even if it is, it does nothing to help you in the present).
Life is short and complaining just wastes a lot of time and energy.
Years ago, when I was in high school, my family was poor, we couldnt afford a phone nor A/C, I shared a room with 3 other people. For lunch, I had peanut butter and jelly sandwich for years, because I couldnt afford to purchase even a burrito. Sound like you have a very sheltered life.
Not everyone who doesn't make 200,000 a year should live like that.
Like people in the Bay Area now? content sharing studios with 5 other people?
Yes, like that. Number of people per household was much higher in the 1950s than it is today.
Hyperbole is annoying and not appreciated.
You're either willing to put up with the high rents & home prices in the Bay Area or you're not. Decide.
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