[scarface74]

We don’t have to be hypothetical. We know an entry level developer at Unity makes almost $200K

I’ve done investment real estate before - I had three houses (including the one I lived in) with mortgages of over $500K when I was making $75K a year. Guess what happened when 2008 came?

How is that person who didn’t save, got laid off and having a $600K mortgage going to fair?

Fast forward to 2022. I have a house in the burbs of a major metropolitan area that at the time I had it built was less than 2x our household income (2016) and I had savings. Since we were living below our means, when I had a 10% (Covid related) pay cut, it stung, but I shrugged and kept it moving.

Saving money is not a defense against inflation. It’s meant as a safety net so when the stock market crashes and you lose your job it’s just a minor inconvenience instead of a major life event.