Useful-Lab4628

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2025-03-18 17:09:29

Economic future?

Do you want a "feel good" response or a realistic one? You seem to be getting plenty of "feel good" responses, so I'll give you something different:

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I started working in construction on weekends and summers in high school, after high school I have continued to work in various factories and now I have a career as a machinist. As for "what did I expect", I guess it's anything close to what my parents had. At 22 years old they had a house and two kids (as did many people their age), meanwhile no one my age is even considering having kids, and the cheapest apartments are $1200+/month

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It’s called saving and growing your savings. You make 50k per tax a year by my math and a house is only 5x your yearly salary. Most people in the US would kill for that ratio where they want to live or currently live.

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Pre-tax income doesn't really mean much, if I'm only making $34,000 after taxes BEFORE expenses that's still over 7 years of income. Not to mention in those seven years the housing prices would go up AT LEAST 25%.

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