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Hahahahaha. Don't need a shitty BMW, 3 vacations a year, 2k a month in food? Laughable. Don't need 1mm for a home if you move to the suburbs (even an outer borough) nor do you need to donate 20k to your alma mater. The ultimate #firstworldprob

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No really that is REALLY ludicrous when looking at the numbers. Here's some tips I would end up giving that family if they are REALLY feeling stretched that thin:
Downgrade the BMW. Let's assume thats a $500 payment. Downgrade to something thats $300.
-$2500 a year saved
Stop donating to Alma Mater (or at least donate less)
-$10,000 a year saved
Take only one vacation a year (or better yet don't spend $6,000 PER vacation)
-$12,000 a year saved

Already they would have saved $25k just with THOSE tips. But let's not forget finding a cheaper mortgage as well. Sure NYC is expensive. But it's not impossible to find something cheaper. Even if they could shave off $500 on their payment theyd save $6000 a year there

Total: $30k more a year. PLUS the $7k they already had left.

It is annoying as hell to listen to people complain when they are in those situations. Who said you need to "live like a King" in order to feel "rich". No really. You can indeed live on less and still feel like you're living the good life. REALLY really.

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That article gets written every few years. This time it was woefully inaccurate. The "struggle" is real in NYC, in the sense that $500K barely gives you an upper middle class lifestyle here. But the figures were all off in this poorly researched article.

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Wait. I don't get it. They are able to fully fund their 401ks, have food, shelter, insurance, transportation(BMW LOL), clothing ANDDDD vacations and date nights.... and STILL have $600 a month left over!? I. Am. So. Fucking. Confused. 😡😡😡😡😡😡😡🖕🏼🖕🏼🖕🏼🖕🏼🖕🏼

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Live within your means, budgeting so you have what you need plus some. This breakout is silly. My hubby and I combine for less than that and never do we complain about a 'struggle' and we still are able to enjoy the nice things in life. Articles like this need to disappear...

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The larger point of the article is valid. At $500K in NYC, you're not a king. You're still a worker bee, and one false step can quickly change everything.

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YES! You totally can live the good life for much less. We combine for less than that, and manage to save far more. And also - who has time to take 3 vacations a year???? No worker bee has that kind of free time.

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🙄🙄

This is true.

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