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by tajano
3935 days ago
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It feels like everything is getting priced exactly at the point where it feels like I'm barely scraping by. I make a low six figure income and live in a one bedroom apartment. I don't drive a luxury car, or take vacations, or have many indulgences except eating out one or two nights a week. I also don't have much money left over to save or invest. I don't see home ownership in my future, or much improvement in my standard of living. I'm getting older, but the idea of paying for a wedding, or the cost of raising a child, or the cost of sending them to college scares the hell out of me. This is probably due, mostly, to living in an area with a high cost of living. There are perks to living in a nice city -- my girlfriend shudders at the thought of moving to the suburbs -- but the city bleeds us dry. It's exciting to live in a technology hub, but the higher salary seems to be mostly an illusion. My point being, I wonder how quickly everything will adjust to swallow up that basic income? Then again, I guess it's not really aimed at present-day me, but rather at someone with a lower income for whom its utility will be much greater. |
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