The point is not to chill and just burn through the savings and not work. How would having that much money saved, change the way you look for jobs?
The point is not to chill and just burn through the savings and not work. How would having that much money saved, change the way you look for jobs?
How in the world are you able to live off $5k/year? My last months credit card bill was $2.6k and I don’t even pay rent or tuition on my card. I’m also single with no dependents, own my own car, and have extremely cheap rent.
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Lol I have my own apartment
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Yes. I live in a 1b 1b I’m in the south. So cost of living isn’t skyrocket like in California for instance. I also don’t just ‘accept’ an outrageous price in rent. If an apartment cost 1100 a month for me to rent, then I’m going to a neighboring city for a lower cost.
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I pay 800 and no. I’m not sending apartment listing I’m my area are you crazy lol
$800/mo is $19,200 over 2 years. So no, you can’t survive almost 2 years on $10k.
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I pay around that per month, but that includes all of my expenses, including rent and other bills, not just credit card alone. Maybe the person you’re responding to has kids or lives in a higher COL area or something.
In some places, rent alone might be that much though.
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I don’t know much about their situation, but one of my coworkers has kids in daycare and it seems insanely expensive to the point where they’ve recently needed to get a second job.
Rent for a 1b apartment is more than that in some cities in California.
Edit: I see this was responding to someone spending 2.6k just on their credit cards, apologies. When I just graduated, spending that much on a credit card seemed like a lot of money. Now, that’s just average … on one credit card (I have 3 😅). Try having a family, traveling, or … I don’t even know, but life catches up with that pretty quickly.
It’s not usually that high but it’s not totally uncommon for me to spend that much a month. I usually try to keep my spending between $1,200-1,800/month but that doesn’t always happen.