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One-Third of Americans Making $250,000 Live Paycheck-to-Paycheck, Survey Finds
(www.bloomberg.com)
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this post was submitted on 24 Jun 2024
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I literally cannot even fathom spending $250,000 in a single year that didn't involve like, buying a house or an apartment or something
250k in the USA is a little less than 170k after taxes. The various health insurances for a lot folks at that level is gonna take another 10k. With the cost of food and rent, you can't afford to buy a house with that kind of money in a single year!
You could definitely put a down payment on a house with that kind of money
Ok, at 5% you could do that yeah