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?

  • TooMuchDog@lemmy.ml
    link
    fedilink
    arrow-up
    30
    arrow-down
    2
    ·
    1 year ago

    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.

      • dingus@lemmy.world
        link
        fedilink
        English
        arrow-up
        3
        ·
        edit-2
        1 year ago

        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.

          • dingus@lemmy.world
            link
            fedilink
            English
            arrow-up
            1
            ·
            1 year ago

            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.

      • ilmagico@lemmy.world
        link
        fedilink
        arrow-up
        1
        ·
        edit-2
        1 year ago

        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.

      • TooMuchDog@lemmy.ml
        link
        fedilink
        arrow-up
        1
        arrow-down
        1
        ·
        1 year ago

        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.