"That’s not balance, it’s wasted years."
It's only wasted if there were better (realistic) options. For many people, they don't.
It's only wasted if there were better (realistic) options. For many people, they don't.
If your mortgage payment and overall living expenses are so high that you can only get by with a high paying job then you've shackled yourself to your org and should fear being fired
If you live well below your means you'll have a large savings buffer and won't care so much
> The philosopher Diogenes was eating bread and lentils for supper. He was seen by the philosopher Aristippus, who lived comfortably by flattering the king. Said Aristippus, "If you would learn to be subservient to the king you would not have to live on lentils."
> Said Diogenes, "Learn to live on lentils and you will not have to be subservient to the king."
Average home price in the US is 400k and mortgage rates are over 7%.
This is a meaningless statistic with zero nuance. Average is also the wrong thing to look at
Most of the issue preference. There are foreclosed homes that are <$100k, but they are in areas people don't want to live, or can't due to lack of job options.