Where the fuck are you earning 100,000 a year and only paying 825/mo in rent?
Also good job on breaking down the budget for exactly 36 people in America.
Specifically this is probably describing something like someone who lives in a shack in western mass and works at BAE
A short ride 1-2 mi is like 10 bucks or more, so if you live in town and never go anywhere besides work you're looking at 600 a month
Is 130 not enough to commute from the suburbs to the city? Are we assuming going by car? That's reasonable for public transport where I live, but I guess that's barely a thing in most American cities
it's definitely not. almost everyone who commutes from suburb to city is forced to buy and maintain their own vehicle (and some states have yearly inspections you have to shell out $$$ for). public transportation is ass and unreliable on purpose.
My budget from when I was 25, in 2009, please enjoy:
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Rent $1700
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Food $400
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Health Insurance hahaha
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Internet $50
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Utilities $50
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Netflix $10
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Going Out depended on who I could scam into a few free drinks plus happy hour let's say $200
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Credit Cards $200
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Student Loans $200
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Total: $2800
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Total Income: $1500
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Citations needed podcast: Frugality fables and the poor-shaming grift of financial advice journalism
https://soundcloud.com/citationsneeded/episode-77-frugality-fables-and-the-poor-shaming-grift-of-financial-advice-journalism
New grad programmers working at large tech companies make that much.
Also these jobs only exist in places where rent is at least $1000/mo with lots of roommates, and at least $2000/mo if you want to live on your own.
Also student loans.
That's why they live in San Jose, save $1000/month and still pay a ridiculous amount....for fucking San Jose
New grad programmers working at large tech companies make that much.
Maybe in California, but AFAIK outside of Silicon Valley, the entry-level programmer is making $60,000 even with a college degree.
The big tech companies pay salaries like that in Seattle and New York City as well. Some other places that're more affordable too, but those jobs are way harder to find.
60k is more typical for a company that views programmers as a part of their IT infrastructure rather than their core business, like insurance or banking. Or in gamedev, where the workforce is more exploitable than usual.
Well that gets into cost of living more than anything. My point is more that out of the gate a lot of those entry-level programming jobs aren't gonna pay a cool-flat 3-figures.
Or in gamedev, where the workforce is more exploitable than usual.
Oh god, don't get me started on that.
25 years olds making $100k are like a solid 20% of redditors. They're the ones who talk about how communism won't work and will cause everyone to be lazy and never innovate.
Maybe only 1% of those redditors actually make $100k, the rest are 15 yo kids who believe they will make that money when they are 25.
At 25 almost no one, even megachuds are still in business school at that age.
Even smaller towns in California have insane rent prices. If it's on the coast it's almost guaranteed it's higher COL than even some big cities in the middle of the country. And all the beachfront property is people's vacation homes and airbnb shit.
Yeah, even middle-tier systems admin types can approach that range (80k is more typical, higher if you manage to sell yourself as DevOps), and it's higher in larger cities/tech hubs (e.g., Boston, Atlanta, NYC), albeit with worse cost of living.
Senior-level niche software dev positions usually pay absurdly well; 150-200k is not unheard of for things like, say, COBOL finance software maintenance, legacy Java EE stuff that hasn't been migrated off JEE2 or whatever, and vendor-specific ERP shit, although those tend to be on a contract basis while the company in question brings you on to get them the hell off of an expensive-ass outdated legacy platform.
Pretty much, but hey, if it's a 9-5 with no overtime expectations, you can support a surprisingly expensive
gamingdrug habit on that kind of salary.
Those old-ass billing and finance systems just refuse to die. And, weirdly enough, the COBOL spec keeps getting updated by Fujitsu and IBM -- they added classes and objects back in 2002, so there's at least some semblance of potential for (non-module-bullshit) code reuse and unit testability. But it's still goddamned fucking COBOL. And if you're maintaining a legacy COBOL system, you'll be lucky if they've even moved off of COBOL-85 yet, since that code usually stays untouched for decades.
I have a few friends who went into Investment Banking and came out of Undergrad making that much, but they work 80-90 hour weeks, get treated like utter shit, and live in NYC/SF so pay $2500-3000 in rent and have absolutely no time to enjoy any of that money.
...house cleaner? am i supposed to be paying myself for cleaning my own house?
WAIT WHO THE FUCK PAYS $20 FOR INTERNET SO I CAN FUCKING GET ANGRY AT MY PROVIDER
I would like to know about this person who is 3 years out from college (assuming no masters degree) and is saddled with zero debt.
These model personal budgets are always fucked up because they assume someone is in perfect health, debt-free, and never has financial calamities hit their life.
I would like to know about this person who is 3 years out from college (assuming no masters degree) and is saddled with zero debt.
Meee! I did do this one weird trick: I lived in countries where education is cheap/free. I did have a student loan for my masters, but it was around 600USD in total and has been since paid.
But I agree, it is kinda bullshit budget.
How is this wunderkid paying less than me in rent in Bumfuck Egypt?
Rent in bumfuck Egypt is more than $815 usd? Jesus christ, in most parts of bumfuck America charging half that much is still considered extortive
Bumfuck is a bit ritzier than the outling segments and exurbs like Buttfuck and Bumblefuck, so it's typically in the 900+ range.
Damn look at the right honorable fancy egyptian over here, living in the nice b-fuck town
In 2018, less than 4% of Americans 25 years old made $100k or over.
$20 on internet but $30 on a maid? Also what tf is one dude eating for $400 a month in groceries AND $250 dining out? That's $650 a month on food for one person. My husband and I don't even spend that combined.
Tbh "food spending" for a 25 year old is probably 50% alcohol and 50% tyson tendies/frozen pizza.
$825 a month on rent? Where in the world can you spend $825 on rent and make $100k at 25. The disconnect is unreal.
Yeah they're telling on themselves. They don't even put student loans into the budget. It's awful.
