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Cake day: September 29th, 2023

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  • Because this article isn’t written for Gen Z readers. It’s written for Boomers, the largest consumer bracket of random bullshit web articles like this, and they’ll read that line and think “yeah, dumb kids, they should just learn to budget, that’s what I had to do” and they’ll feel slightly superior and slightly satisfied and come back and click on the next article tomorrow, driving ad revenue because they’re too dumb to use ad blockers, and that’s literally the whole point of all of this.
















  • 210k.

    Condos in my area, part of Greater Boston, are going for $1.1mil at least, usually more in the $1.4mil range.

    Even if I could somehow scrounge together 20% down that’s monthly payments of over $7k at today’s interest rates. After taxes 210 is more like 126, which is monthly a little over $10k. If I’m not saving anything for retirement and basically barely holding together the rest of my expenses and hoping to God nothing happens to my car, my body, my dog, my cat, or the condo, then I could afford the monthly payments.

    Now imagine if I had jumped into that situation and then gotten laid off, like I was.

    EDIT: it’s worth clarifying that in big cities, the points talked about in this article are still true, just scaled up. Adults in their late 20s/early 30s working in tech are easily making 150k+. College grads in Computer Science are getting 6 figures easily. Making $200k was the high end of average but nothing unheard of.

    And the prices here adjust to that, happily.