A single household salary from one of the tech companies named in the article, many of whom pay starting employees six figures? I think 100% of the country could survive on $100,000/year, if they adjusted their lifestyle to match. What percentage do you think?
Just my anecdata. We live in Maryland, in a middle-class suburb. I have 3 kids and a SAH wife. We're doing OK, saving for 401k, driving two cars, paying cash for house maintenance and renovations. Yeah, we don't travel much, but that's luxury. I earn the Google L4 level base, if one can trust levels.fyi. I am not sure how unique my situation is, but I have never felt the need for my wife to start working...
CydeWeys|5 years ago
will4274|5 years ago
mindv0rtex|5 years ago