more than half of Americans -- 52% -- feel like they can afford just the basics, and many with six-figure incomes still feel like they are scraping by. The survey found that 18% of U.S. households earning from $100,000 to $150,000 said they could afford only the basics, with an additional 10% saying they sometimes can't afford even those staples.I laugh out loud.
Hawaii is on their list of most expensive places and they inflated the relative cost of living to over 250K! Ridiculous! A quarter of that amount could afford you a very decent lifestyle here. Sure, your kids might not go to Punahou and you might not have the beach in your backyard; but it would put a roof over your head, food on the table, and some Benjamins in the bank.
How spoiled are we that we now have come to expect over $150,000 just to cover our idea of a "necessity"?
I don't care if you live in Shangri-la, if you make a six-figure income and you "can't afford the basics" - its time to think about downsizing/redefining the word "need". Seriously?!
Here is some of the best financial advice ever given to me:
if you aren't content with what you have, then no amount is ever going to be high enough.
*eye roll - followed by slow head shake*
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