soyamin
122019
2239
99
Aug 4, 2020 12:35 PM
soyamin
122019
2239
99
Cryolith
This is as real as that girl who's entire plan for paying off her debt was just to have mom & dad buy her an investment property.
Taxonomyanomaly
This person is seriously underpaying their house cleaner.
ravenfool
It's just 1-2 hours a month. At least I hope that's where that number came from. *grimace*
[deleted]
[deleted]
ravenfool
That's how it should be. If one can afford to not clean their own house, they can afford to pay a reasonable rate like that. $20 is a joke.
barnsandnobel
Yea i couldnt even get a cleaner for less than 50 bucks for a clean. And i would need it at least once a week.
ZorkManZeroX
Ahh yes. Reminds me of this:
clubracer
Rich issues
UnhelpfulAnswers
Holy shit lol
DrPhillipMahmoufWifarts
What is that from
ZorkManZeroX
The Wall Street Journal, from 2014, I think. Right around Occupy this came out showing how out of date they are
[deleted]
[deleted]
ZorkManZeroX
HunterTTP
I’m 25 making 6 figures, this chart is silly as rent is $2000+ for any city where this salary would come. Also, $600 in donations a month?
Telesterionn
You a programmer? Do I see programmer squad up in there?
HunterTTP
I’m in IT, not a programmer.
Telesterionn
Yeahh ?
DonutOlympian
Internet $20? House cleaner $30?
thoushaltnotpass
They've probably cherry-picked averages instead of medians where it was convenient. House cleaner can cost $30 when only 1/10 ppl have one
KaoruVanity
Split 5 ways.
Hydravelsen
So where's the other 75k?
rumpleforeskinforthewin
Taxes would have taken a good chunk right off the top so their net is probably in the $60-70k range. But I doubt they are saving the rest.
shyasen
Yeah, I noticed tax liability wasn't included. A person who is "excellent with money" would calculate tax liability into the budget.
BoneyBaby
20 for internet.... okaaaaayyyyy
MofongoBalls
*Laughs in Comcast*
topdollar38
I mean my internet is only $35 a month total. This person splits the bills with 4 roommates.
mstrmrvn
Internet for $20?! Try 60-100 for good stuff nowadays.
PubstarHero
Depends on your area. I'm getting 500/500 for $45 after taxes and crap.
mstrmrvn
That's a pretty good deal. I guess I did spring for gigabyte fiber.
PubstarHero
I wish we had gig in my area. This is the fastest, but I mean I really can't complain at these speeds.
PubstarHero
Its still fast enough for 3 IT workers to work from home.
rollercostarican
ours was like $45 for 200 but after a year it jumps up to like $65. $120 for 900 down
WouldTheRealAlphariusPleaseStandUp
The most glaring problem to me is the lack of Student Loan Payments...
SexualChocolates
Maybe had a scholarship
charlie2979
If they're earning 100k a year at 25 their parents put them through university.
SexualChocolates
Huh? You realize people can get full scholarships right? And then go get a great job.
charlie2979
They *can* sure. But it's who you know the vast majority of the time.
SexualChocolates
Hmm hasn’t been my experience
Telesterionn
Or they are a programmer and did no such silly bullshit
onecowboytoo
There are not a lot of entry level programming jobs that pay 100k in the Seattle area that I know of. Maybe San Fran
Telesterionn
Nah, u can find them. My hubby was getting offers from Seattle and they pay nicely. Depends on what you program.
charlie2979
Maybe.
agent008
Rent $1.8k, Groceris $600, Dining Out + Lunch + Going out $900, Utilities + Cell Phone $300, Gas + insurance + misc $700 = $4k/month
agent008
$100k/year = $76k after Fed Taxes
wangtangle
There we go.
imtheworst
Real long shot here but are you agent 8 on splatoon?
agent008
Sorry, no
greatwhynot
Yeah, whoever wrote this is seriously out of touch with reality
SexyNeckbeard
The internet is the only thing that is significantly lower than what I pay in Iowa. But my groceries are under $300, so pretty close
meganical
Internet $20? With what fucking company? Comcast is nowhere near that, even without paying cable
omh2
https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
escapemom
Ty. So have roommates, yeah I’ll just get 3 more ppl to live with me and my kids. General disgust, not at you specifically @omh2
GrumpyOldMan55
Excellent with money? $250 dining out? What the hell kind of donations are you making that add up to $615? Try again.
parasztarcal
Donating to camgirls
FallingStar7669
I'm fat and spend about $400 a month on food... and I don't even dine out. So yeah, I'm calling shenanigans.
dmoore182
It's child support to their bastard child that they don't want anyone to know about.
mdzmdz
ponchoreborn
The Human Fund thanks this person.
AawesomeAardvaark
And $30 for house cleaning. That ain't being good with money.
catsandcoke
And no savings. A person that is excellent with money would be putting that$615 into a Roth IRA.
Jagerbeast
I wish i was 25 and making 100k
ATerribleArtist
I've got 1 of those 2 things down.
hobojones85
So no savings or investments? No entertainment budget? No idea how transport is that low. You need to buy a car and pay for gas n insur..
loma45
That's not their whole budget. I'd say it's 50-60% of their disposable income accounted for here
pawdraig
Mta card in NY is $127. Can get a room in an apartment for that much, shared Internet could be that much, my phone bill is $50 1/
pawdraig
my terrible health insurance is $190. But no entertainment money is crazy, I spend over $250 a weekend easily.
snowgloom
Where can I get internet for $20 that isn't from the 90's?
MoonMoon89
Now, show us the budget of someone working two minimum wage jobs ($5.15 x 80 x 52 = $21k a year) and paying their own health insurance...
rnj454
FYI, minimum wage is $7.25, but your point still stands as the number won't change much.
MoonMoon89
https://www.ncsl.org/research/labor-and-employment/state-minimum-wage-chart.aspx I live in Georgia or Wyoming, won't say which...
swedishpancakeswithlingonberries
I looked it up, The minimum wage in Georgia was $5.15 an hour, as set by state law, 1/2
swedishpancakeswithlingonberries
which means the federal minimum wage of $7.25 is applied across the state with some minor exemptions.2/2
rnj454
Point taken.
Randamnthoughts2
The federal minimum wage is $7.25. those states still have to pay the federal minimum wage
DownvotesPls
I mean $2 more is significant, extra 4k a year before taxes. That's a 40% raise from the number the other user quoted
INeverReadTheTOS
This is so out-of-touch with reality that I'm pretty sure it's in a completely DIFFERENT one.
ThatChi11Guy
This is what happens when people speculate about things they know nothing about.
MiasmaCorrigan
kinda reminds me of the avocado toast thing
reuvil
Cell, house cleaner, internet all for $90. Jahahahahaabbaabd djfjnden
LooseyGooseyBrett
Monthly income of $2800 is not $100k per year.
feedthelynx
This shows monthly expenses, not sure where/if income is shown, aside from the title
n0n53n53
yeah this them spending is 1/3 of their gross income. Assume the gov't get 1/3 they are also saving $2775 per month. This is fantasy
Ninjainslippers
My guess is that they're saying you put 2/3 of your income into savings/vacation fund? Hard to tell with all the stupid.
omh2
It's spending only, about half his take home income (it's a profile on a real person, with 4 housemates)
CaveCanem
I think the expectation is that this fantasy person also saves and invests a good amount
LooseyGooseyBrett
Right, they save/invest 60% of their income, good logic
madcatz1417
:criesinlessthan100k:
entertainMEnt011
Seriously what the fuck is this catshit?
cormone
How much could a banana possibly cost? $10 ?
ViolentlyOfferingBeerToSheep
i mean, if you're willing to pay that much for one i have three right here
cormone
I’ll take a beer too!
Kenny42
Where is this person getting internet, cell phone and a house cleaner all for under 100
Sigge1981
Fantasyland
aprilludgateduire
I think in this was posted because it doesn't make any sense
meganical
Illegally is the only way
PubstarHero
Could be a microloft split with a few people.
BlueCanaryInTheOutletByTheLightSwitch
JanglesPrime
The only way i see these numbers working is if they are splitting bills with someone.
igiggledtoohard
Google Fi, my wife and I monthly bill is 45 a month but we use almost no data though. Everything else I have no idea where they got those #s
omh2
4 housemates, family phone plan https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
Unklejrad
Yep so most of his big costs are split 4 ways, great if you can make it work, not viable everywhere, not a typical persons break down.
themobileappisbroken
Anyone earning 100k per year ain't donating $615 per month of it to anyone. I can only assume that's a pseudonym for their drug dealers.
parasztarcal
They're donating it to camgirls on their favourite site. Or maybe local strippers.
Mmbear
No no thats donations to the bank... in the form of student loan interest.
arrbos
Charity is a very nice girl.
catsandcoke
They aren’t even saving anything either.
AawesomeAardvaark
Why not? Churches often recommend 10% tithe so I know a few religious folk that do that. I only make 40k and donate around 7%.
ItsBobBelcher
You should donate that much but a 25 year old making that much money is no way the personality type to donate any of it
KeyLimeAnxiety
Based on what? The fact that you’re jealous of this theoretical person and assume they are not generous because of it?
ItsBobBelcher
That’s incredibly presumptive of you. The only 25 year olds I know with that kind of money spend it on drugs and travel.
KeyLimeAnxiety
You’re making a blanket statement about all 25 y/o making 100k. That’s presumptive. I am making an assumption based on your actual comments
ItsBobBelcher
Actually now that I think about it,my friends who donate lots of their time/ money are teachers orwork nonprofit. Thats the personality type
AawesomeAardvaark
So the few 25 year olds you know are selfish and that means this scenario is unrealistic?
MrPowPow
270 for health insurance. Less than 900 for rent. When was this 1995?
leakto
Seems to be a two year old article. https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
hitthatbomb
I’d believe a 30+ year old article...
leakto
4 roommates seem like a nightmare but hey if you're making 100K...
FistfulOfAssholes
Well that explains the other stupidly, fantastically made up numbers.
AawesomeAardvaark
Not in a city, but besides the $20 internet which of these is crazy?
FistfulOfAssholes
Rent, cell phone, transportation, house cleaner.
AawesomeAardvaark
1300 gets a nice 2 bedrm a lot of places, so with one roommate I don't see how any of these numbers are unrealistic. Maybe internet barely
KaoruVanity
split 5 ways is $150 a month for cleaner. This sounds reasonable. Transportation if he owns his car, yes. Cell yes. Rent yes.
MoonMoon89
HEALTH INSURANCE $270 F'ING WHAT?!? Sounds like they are getting health insurance through their job because it runs MUCH higher than that.
pawdraig
Catastrophic level insurance in NY is about $200 with Oscar in NY. Have to be under 30 to get it
neoritter
Of course they're getting it through their job. How are they making 100k otherwise. For me even the most expensive plan is less than 200$.
Smegmasasurus
If you're at a company with good benefits then $270 per month make sense for one person
KaoruVanity
I have decent benefits. And for no kids/spouse health ins is 91 per month. Add vision/dental/auto and I can hit 270.
malexmatt
$270 per month is on the high side for a young, single person getting it through work. Especially with six figure salary.
purpleparli
I don't quite make six-figures, but mine is over 300 and that's the cheapest one I could get. Through work. I'd love to pay 270.
chrisptaco
with my insurance going through my employer, its STILL higher than $270/mo for me...
ProgeriaProstitutes
Move to Belgium. I pay about 70 euros a year.
somethingdark
I'm American, but the company I work for is Belgian and they pay all of it; I thought that's just how Europeans did it.
MoonMoon89
Man, I wish I either was better at learning languages, or there was a foreign country that speaks computer languages...
genomicbeast
Excellent with money in a fantasy world, holy shit some of these numbers are just pulled out of a hat.
ThatUsernameHasAlreadyBeenChosenAndlsNoLongerAvailable
I feel like if they are excellent with money and make 100k at 25 there should some savings lol.
justchelsea
If they're making 100k aand spending less than 3k a month, there's plenty for savings.
Leithreas
STINKPICKEL
You spelled 'ass' wrong it's not spelled, h -a- t .
noescapes08
Student loan payment? What job pays 100k at 25 without also 200k in student loans or a rich family?
TheYoungerChrisEvans
"House cleaner". Bruh, you mean me?
LooseyGooseyBrett
Monthly income of $2800 is not $100k per year.
PubstarHero
The rest is saving. What, you cant do that? Are you poor or something? (/s if needed)
ultrarunningawayfromyou
Pffbbt like I could afford the hat they pulled those numbers out of.
Firemonsterlols
I live in the bay area, the big ones for me are Phone, Internet and rent. Double or tripple those easy...
genomicbeast
I call BS on the groceries + dining out. Spending $650+ on a single person a month for just food you are not "excellent" with money
Firemonsterlols
Haha I diddnt even catch that. Was focusing on where the underestimated only. If you use 650$ a month you are overpaying or wasting food.
MankHoody
Only $30 for someone to clean the house?! Yes please!
LSUguy
Yeah money for donations? Wtf can barely get by with realistic numbers not enough to just donate
BirthdayBeatsNice
$30 house cleaner
TheRealFairy
Maybe dry cleaning your clothes, maybe household cleaning supplies. No one would or should work for so little in any size space
justchelsea
Not unreasonable if they only come once a month and you split the expense with several roommates.
TimeFoDat
That's the secret, these numbers are based off 4 people sharing a studio apartment. Suddenly it all makes sense.
urawizardhary
idk if I am lucky but these numbers line up almost exactly with what my monthly expenses are, and I make 90k. Excluding some items...
urawizardhary
My Internet and phone bill is much more expensive, I don't donate but I do spend about the same amount on investing for my 401k
genomicbeast
Do you split things 4 ways with roommates? because that's what the guy in the article did. This is very unrealistic to the average.
urawizardhary
Nope. My rent is same, utilities is $20 cheaper, phone / Internet are $90 ea. Don't have a cleaner. Car insurance / gas is ~$40/mo
urawizardhary
I spend less in health insurance (high deductible) and zero on donations. $400/mo on 401k. I do spend $1500 / mo on student loans
genomicbeast
It's still below the average (besides loans). I'm guessing rural area/state? No roommates and 800 rent, probably not close to a major city.
vaultdweller0322
Some of it yea, like in my area of the US I only make 50k a year and I have a niceish house with a monthly payment of $859, I would assume
genomicbeast
I made 50k before the pandemic, I couldn't get a realtor to spit on me for that amount where I live. The cost disparity in the US is absurd
vaultdweller0322
Yea it really is. I live in rural South Carolina and the cost of living is cheaper than most I assume. I have a wife, kid and a house all on
vaultdweller0322
A single income. Now are cars aren't new, but I'm a half ass mechanic that can keep them running
vaultdweller0322
A 25 year old making 100k a year probably lives somewhere like California and I highly doubt the rent is that cheap there and no one offers
vaultdweller0322
Internet for $20...the 25 year old doesn't even have their own vehicle and no one donates that much a month, not a single 25 year old anyway
Robotok
People need to read. The article says he lives with 4 roomates.
genomicbeast
$650+ a month on food is not "excellent with money" roommate or not this person is top 10% and they made an article like he was average.
scaryfeet10
Oh!
DarklordDemise
Haha $40 phone bill hahaha the internet cost lmao.
DarklordDemise
That rent cost is bs too
genomicbeast
I guess this is from a 2 yr old article and he split rent 4 ways, either way some of these numbers are outlandish
YoSamiteSam
This graph is to show that the elites are able to hoard wealth, what ought to be of concern is the house cleaner being paid only $30.
lesliebugs
The monthly total isn't atypical (nowhere near take home for 100k tho) but the breakdown is waaaay off.
EmailFail
ENJOY YOUR $20 INTERNET AND $600 IN DONATIONS
SirOmir
Where i live (EU) i have 200mb net for ~19 dollars/month.
SirOmir
And 300mb mobile with unlimited data, SMS and calls for under 25 dollars/month...
EmailFail
Neato. Here I believe dsl starts around 30 or 40. Most internet is packaged, so it can get expensive solo.
keystotheairlock
Absolute nonsense. Maybe in Thailand, or the more remote Philippines but probably not there, either. This is horseshit.
WeeblesWobble
Time to bust out that 56k modem!
Duskz
Internet for 20.00 lol!!!
theokaychick
Aaaaaallllll of those numbers were pulled out of a hat. Not one of the is reality based. Including the income.
genomicbeast
that is the thing that gets me the most. The average US household income is 60k. At 100k single you are at the top 10%
Realeztoremember
$825 for rent?! $130 for transportation?!?! $20 for INTERNET?!?!? I’m 35 and these numbers would be a dream!
n0n53n53
These might be possible .. in a place where the average 25 year old will be making min wage
royoffthegrid
To be fair that’s the cost of a monthly subway pass in nyc, for transport. The rest is ridiculous haha
youcanreachmenow
Okay I live in a country in Asia where things are known as being shit cheap (excl. Alcohol). Some numbers here would be fantasy even here...
BannedbyastupidMod
my internet would be at minimum $140 I currently pay $175
GalaxyTheWolf
I mean... The 130 transportation isn't bad, I spend 95$ a month on gas and drive a car that isn't too good on gas
sexysexyjesus
I spend $650 rent, $50 transportation, $100 groceries, $120 utilities. $0 on eating out. I was thinking this guy needs to save more money.
shinagami091
$900 would get a fairly nice apartment in Texas, I work for an ISP so my internet is free. My car payment is $500 though
Sarnar
I'm paying 1100 EUR in rent for 60 square metres. Outside the city prices drop rapidly. But that internet and transport is just fantasy.
pluviofile
Well.... I I'm 24 with a paid off truck from 1989 and a kia I bought cash used and salvage title. I only spend like... 150 after insur/gas.
queenofdodos
$825 if splitting rent with someone, maybe
shinagami091
Depends on where you live. I live in San Antonio TX and $825 would get you a decent 1 bedroom apartment.
Dominator497
Depends. Where I am in georgia, you can get a full ass apartment for 845 a month. Internet and transportation is BS though.
shreveportbossier
They could have meant a mortgage payment? Surely nobody making 100k annually is renting if they can avoid it, right? I mean obviously if 1/
scellers
Depends where. SF: $1600/month for a room in a shared flat. Homes are 1-2 mil+++. 100k doesn't get you anywhere.
scellers
And this was 7 years ago, likely worse now.
shreveportbossier
Most people can't buy their homes outright anyway, and have to take a mortgage loan out to get into it in the first place, paying monthly.
JCBalance
No way they have a mortgage for $825 at 25 years old if they have a local job that pays $100k.
shreveportbossier
The situation doesn't allow it, like working abroad or traveling a lot for work, but any way you look at it, renting is 2 or 3 times more 2/
shreveportbossier
Expensive. It's not without it's own perks though. I miss having a landlord who was responsible for everything that broke.
IDontKnowWhatToDoAnymoreAndImTired
Don't forget $400 a month for all groceries. Apparently when you make 100k you still eat rice and ramen every day.
shinagami091
Are we assuming this person is married with kids or single? Because if single $400 is perfectly reasonable
WeeblesWobble
I guess spending wisely means living with 2 roommates in a 2 bedroom apartment and sharing 1 car.
thatguyintheplacewiththething
Living with two roommates in one car
AvocadoHouse
Agreed. Where I live, $1,700 gets you a studio
amop
270 for health insurance at 100k/yr??? More like 450 at 35k
Flyingwigs
To add my wife to my work plan (we're both 34 with no major health issues) would be over $700/month
FaveBoobsandMilfs
Internet for $20 a month... lies.
youcanreachmenow
$610/month in donations????
FaveBoobsandMilfs
Lol more like $610 for all the other shot he forgot
PubstarHero
My health insurance is roughly $300/mo for like, 2k/yr OOP Max and even ER visits are $40. I'm with a very large organization so Im sure >
PubstarHero
Thats why I'm able to get such a good plan at low rates.
QuickLighting53
That one isn't outlandish. My healthcare was free at my last job (HDHP. I had to contribute to my HSA myself though)
n0n53n53
"I had to contribute to my HSA" Bingo. I'm guessing high deductible plan where most is out of pocket paid by your HSA contributions?
QuickLighting53
Deductible at $3k spent. Then they cover 90% I cover 10% until max out of pocket of $5k. For the entire family. Not bad at all
n0n53n53
Not bad if you're all healthy and no E.R. trips
youcanreachmenow
$250 on dining out, that include lunches and a nice dinner?
Leithreas
Excellent with money, zero savings or retirement.
robingal1
Haven't been able to save since 07 and because i don't put it in my accounts anymore, I didn't even notice it missing in the pic. good find!
IJustPoopedMyPants
2700 a month does not equal 100k a year, they just left out the savings portion
DustyPigeon
Exactly this is their monthly "spending" not total earnings.
shyasen
A person who is "excellent with money" would include contributions to a 401K/IRA/savings in the monthly spending. "Excellent with money"
shyasen
would also incorporate federal/state/local taxes in the budget. Noticed that was missing as well from this imagined expenses chart.
etcnotect
This only adds up to 32,400 so there's plenty left for savings and taxes, especially considering the amount of donations they're making
Leithreas
Seems incredibly arbitrary.
loma45
Yeah, 2700 is about half their take home (taxes vary by location)
youwontlikewhateveriwrite
Is this a daily budget? No way internet is only $20.
probablyprobable
It seems to be split 5 ways, as the article someone else posted said he had 4 roommates
FlamingDeathGoat
So someone who makes 6 figures decided to have 4 roommates...LMFAO such completely in touch journalism
ATerribleArtist
So 4 people making 25k each a year?
probablyprobable
One dude who makes 100k and 4 other roommates. It doesn't say if they follow his same budget plan. That's why internet&housekeeping ar cheap
meganical
And the internet works between all these people? Mine was horribly slow living with just one other person. I had to go to a nearby McDonalds
blueicelt
I have 1 gig internet for $70 a month...
KaoruVanity
Depending on where you live, you could have gigabit internet. That can easily split 5 ways.
echo1echo
they donate almost as much as they pay in rent?
InTheDistanceAPlaintiveEnglishHorn
Gotta keep up the lie that we don't need to pay taxes
TinyBadger101
Cell: $70, Internet: $100, Rent: $1,500, House Cleaner $150, Transport: $300. As a start for more realistic numbers.
Bystandr
Nod to what your government overlords want: those campaign contributions are important !
cfbshank36
Exactly. That “donations” number is a load of horse shit.
cepacolusmaximus
TWENTY DOLLARS for internet???
McSkeevely
And don't save any? And what house cleaner is 30$???
Notmybeardedladynotmycarnival
Yea, to the landlord
thefrayedendsofsanity
House cleaner, internet, and transportation are bullshit numbers, too. $20 for internet? $30 for a house cleaner? Okay.
Arrolis
That's what they are tipping InstaCart and GrubHub to not have to leave home.
KPopGirlKimi
Those 'donations' are probably to his sugar baby monthly. That seems more likely.
Mithrein
Titty streamers gotta eat too, you know
gpatmac
Donations is code for weed.
InTheDistanceAPlaintiveEnglishHorn
And the have a cleaner?
grahmit12
That cleaner might show up to piss on your front door step at $30 a month.
Roaddog184
A fucking house cleaner, for $30 a month but donate over $600 a month, that's $7200 a year. Hell of a tax write off.
PennsylvaniaPalindrome
Yeah, to their dealer
Ninjainslippers
To be fair, if I made $100k/yr I would donate a lot of money. I wouldn't know what to do with anything over about $70k.
lifeofellen
Well after taxes thats about all you'll get anyways so you wouldn't need to donate, you already did, just to the government
Ninjainslippers
At 100k in the US, the effective tax rate is about 22%. That's basically the same as my ETR at 40k.
ProfessorChaos
If you actually get a job making that much, there's a very high chance you'll have to live in a place where rent takes most of it.
echo1echo
I spend my money on Hookers and beer, the rest i squander
DanceKing12
Besides the rent that is usually high, also consider you are likely having to pay student loans as well. They take a big chunk.
DrKriegersClone
Congratulations on living somewhere affordable. 100k doesn't even put you in the "can afford a house" bracket in big cities.
plasm04
i used to think this way until i moved to a place where it's 2.4k / mo in rent and taxes are ~30% ; it's crazy how fast 80k disappears.
beneaththeradar
Put it in a 401k or other investment. 100k is not that much money.
Ninjainslippers
I'm maxing out my retirement plan and going on a vacation most years and I make $40k. I don't need another 60k/yr invested.
CorgiGrrrMan
Are you talking net or gross $40k? In the US, max 401k investment is $19,500/year pre-tax, which using gross income, would leave $20.5k
kaarbaakimgr
I don’t think you understand how percentages work
ToastDNA
20 bucks for internet. HA!
Schmerbie
So many things on this graph make no sense
hirosjimma
Where is savings?
airen
Anything left over its like 5k a month after taxes
echo1echo
yes! i find it funny this 20 something that's excellent with money has no savings. Put those donations in to savings!
ProfessorChaos
Yeah, not saving shit but donating over $600/month? That's not 'good with money'.
highnatized
How else are you supposed to classify "time spent with escorts?"
MercuryAI
"House Cleaner" if she's in-call, "Eating out" if its a hotel, or if you enjoy giving oral.
highnatized
I could use a good "house cleaning," now all I need is a 6 figure salary
Showmeyourface
$2775 is only about half of net pay per month at $100k. I would assume the left over is savings.
nopenopenopenothanks
This. You bring home probably around $2400 biweekly after deductions and hopefully an IRA/ 401k
HorseMadeofGhosts
If he truly is "excellent" with money, then that donation is a write off, and it'll lower his taxable income........
DarkwingDuc
But it's still a net loss. She won't get taxed on that $650 a month, but she's still giving away money, maybe -$400-ish a month after taxes.
CarlosBenjamin
Unless it dumps you into a lower tax bracket, but yeah...
FightingRevengeOfYourMom
Yup. It amazes me that people think 'a writeoff' means you get all your money back. Like the mortgage interest deduction.
HorseMadeofGhosts
Well I did say reduces taxable income. As a sole prop, I live for that, but you're totally right. So many people think it's free money. :/
FightingRevengeOfYourMom
What you said is accurate. I was just highlighting my pet peeve, when people say, "but, but, but, it's a writeoff."
JudgeVegas
You're still out of pocket.
HorseMadeofGhosts
Solid idea if you can show paperwork for it. Tithing or religious donations can be written off up to a certain amount.
NordicusMaximus
Sigh. You don’t spend frivolous money just to get a friggin discount on your taxes. You’re out more money than tax would ever take.
NordicusMaximus
You get tax breaks for money you HAVE to spend things on. You don’t spend money to get the tax break. “I gotta buy a truck before Dec. 31,
NordicusMaximus
So I can get the tax deduction on a vehicle over 10,000lbs.” Great, you just put down $5K, and have a $600/mo. payment for 7 years, just to
pizzapartyhard
Yeah, isn’t the idea that you just don’t pay taxes on the money you donated. So ket’s say I make $100K. I donate $10K. I pay income tax on
pizzapartyhard
$90K, but not on the $10K I donated. But that wouldn’t save me money because I’m out that entire $10K, not just the taxes on it.
thisiskissel
More like “donations” to his drug dealer.
DavidBrooker
I got a six figure job at age 27, and I did give away as much as rent on *one* specific month. But that was, like, 70% showing off. 1/2
DavidBrooker
The idea that it'd be a monthly expense is insane. 2/2
ActionJohnnie
Donate to pornhub
ulvitron
I call my taxes a donation. Seems proportional to his wage.
mikeatike
The chart is like fractal bullshit. The deeper you look, the more bullshit you see.
omh2
Real guy, with 4 housemates: https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
MechanicalMonster
+1 for fractal bullshit haha
ahhhhhhahhhhhhh
Notice how internet isn't considered a utility hmmmmm..
mikeatike
The old people that came up with this consider internet a luxury.
Ninjainslippers
Let's just focus on the big lie, which is that there is a "typical" 25 year old making 100k. There's like 6 of them.
justanotherdoug
And they're all douchebags.
Ninjainslippers
Every single one of them wears their sunglasses upside down on the back of their head when they're indoors.
JackieTreehornProductions
When you work for daddy's company, anything is possible. You can even become President! Here's a $5M starter for your new business son!
rumpleforeskinforthewin
That describes a lot of the young successful people I know from back home. Family gifted them a lump sum of $$$ or gave them good jobs.
rumpleforeskinforthewin
One kid barely made it through school makes $70k working at a body shop cause you guessed it, daddy made him part owner.
JustChargeYourDamnPhone
And that $40 cell phone bill is hot.
ImmaCatImmaSexyCat
Mine is $45. I'm on a family plan with my parents and just pay my share of it.
AawesomeAardvaark
I pay 36 for unlimited on a tmobile family plan. 26 if I use less than 2gb data.
oblimo
You guys have cell phones?
wurth
I have a pay-as-you-go plan and am diligent about turning off my data when Wi-Fi is available. I pay about $15/month.
makethefrogblockthelog
€8 for me, 5gb data. Had fully unlimited data in UK for £26, used phone hotspot for home internet and consumed about 400gb/mo (remote work)
MaladaptedMedic
Mine’s $40 but my internet is $80
DavidBrooker
I pay $75/mo for just myself, and that's after a 25% discount through work. But Canada's wireless charges are highway robbery.
SexyAttackHelicopter
$15/mo. Mint Mobile.
kkanne20
mine is 40. metropcs
PaleAsFuck
I only pay 10...
ProgeriaProstitutes
Same
UhhuhSpaceRunner
Same and I'm also pale as fuck
PaleAsFuck
Nice
hipshopbutcanthap
$60 for me and the wife. Verizon unlimited but with family too
LSUguy
Damn how!? Same plan but it's $150
hipshopbutcanthap
Basic unlimited with 4+ lines is $35/line. Being a veteran is $40 off the whole bill boils down to about $30/line
hipshopbutcanthap
The whole bill for like 7 of us is $210
MiasmaCorrigan
My husband and I have a phone plan that lets us pay for what we use, so its around $80 max for the 2 of us
JinxRocks
$27.83/mo for mine, but internet for $20/mo? On what? Dialup? Does that transportation also include insurance & maintenance? Doubt it.(1/2)
OutOfBort
It's one internet, what could it cost? $20?
JinxRocks
And <$200/mo for utilities? My power bill alone is that much. add the rest and its double. what city is this in? (2/2)
rumpleforeskinforthewin
My electric bill was $85 in July running AC 24/7. Gas was $20, water $18. Garbage is about $5-10. $5 a pick up...
rumpleforeskinforthewin
Depends if you roll internet in there or not. They seem to list it separately from everything else though. I would say the utilities and...
SneakyEmu2
Mines 40
Jimmyginger
Honestly that cellphone bill was the only one that was realistic.
Kilsim1v
Where? Even tracfone or Straight Talk are 45/mth? What - are you really talking about your parent's family plan?
Jimmyginger
Buddy, it says $40/month for cell. $45/month is pretty close. Plus you don’t have to be on a parents family plan to be part of a shared plan
rumpleforeskinforthewin
I’m on boost for $40
FourScoreAndSevenBeersAgo
We all know a 25 year old, making 100k, would most certainly not be in an apartment that costs $850 a month.
skellington01
People who follow F.I.R.E do
Mexrose75
Share with three other people
BrainTaffy
I was living in LA making nearly 90k a year with a partner to share expenses and still barely scraping by, rent was over 2k a month.
willyjohnfargo
Where is there a livable apartment for $850. A studio starts at $1850 in my town.
copingcabana
Not sure how to take that, but in NY where $100K is a good starting salary, you can't get an apartment for anywhere near $825
J0765
None of these figures are remotely close to real cost of living
omh2
Real guy, with 4 housemates: https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
karmabuchamama
He's still on his family's phone plan... I pay for my mom & gma, and buy them new phones/tech when needed. Nice sauce tho!
PotatoThunder
Don't be too sure. I know several dual income engineers that live in a 1000 sqft house.
davisev5225
I'm a 30-something year old in SoCal who makes approx $85k per year, and I live in an apartment that costs me $895 per month. We do exist.
davisev5225
I also get free gas from my job, so my transportation costs are just my insurance payment and general maintenance (which I do myself).
Dragonstrike911
As a 27 yo, I make 98k a year and spend 700 on rent. I rent a house with a bunch of people. I am fairly frugal though.
iceColdBlueSnow
Failed to mention he is renting a couch in said apartment, splitting with 5 other people.
TheRealR0tb3rt
When I as 25 my house cleaner cost me 220 a month, 30 bucks?
soulman901
I make 77k and I own a house that runs me 1100 a month.
TheStreetForce
Mine cost $1400. When i was 25 and makong $110,000 a year cus I lucked out big time and hired to the railroad when I was 20.
PotatoTier
Yeah I'd have a house by now.
InTheDistanceAPlaintiveEnglishHorn
I don't get it. How would a 25-year-old be earning that much? Heck if you get £50k a year that's A LOT
poughdrew
Facebook, Amazon, Microsoft, Google, Netflix in CA or WA.
ThrowtheHammer13
$270 for health insurance, nope.
topdollar38
https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
CptRobotNinja
These numbers are absolute lunacy
noescapes08
I live in a state with a low cost of living double all that shit unless you want to live in the stab stab part of town.
duramater1
Left out saving any money.
Kryxy
Yeah I laughed at this as well.
EnderKing567
Is that $400 monthly on groceries? Is he alone or paying for a family of 5? Cause holy shit I pay at most $100.
SewerRanger
The article is about a specific 25 year old. In it he mentions he has 4 roommates - that's why his bills are so low.
steviEa
He’s paying $825 in rent but still needs a house cleaner? $825 is a studio apartment who in the actual f*ck made this graph
n0n53n53
Or have $0 in student debt
RandAIFlagg
I'm a li'l older but make close to that and rent for $500/mo so?
MrRandom314159
I'm making decent, and my rent is like 1.1K for a one bedroom that's not infested with cockroaches.
PoliteButFactualCanadian
That's right, he'd be living in a condo or home with an $850 dollar mortgage.
ZerithScarlet
I need to know....where on earth is he getting his healthcare
Zat01chi
Laughs in New York Rent. Please send money
degenerator
This pie chart is a form of trolling.
TallDarkndHandsy
I'm a 22 year old student in dublin and my share of the apartment costs €900 a month (dublin is crazy expensive and this is normal) and I
TallDarkndHandsy
Make negative money.. what even is the diagram
Warmpeanutbutter
Where’s the piece named ‘coke and bad decisions’
PropainAndPropainAccesories
I mean I would. I don’t want to live in a fancy place. In fact if I had money I’d cloak it by living someplace mediocre.
CanyonRunner
Internet is only 20. That bill is being split at least 3 ways. He has 2 roommates and lives in a converted dining space.
Hungrypiemonger
who the fuck lives in an apartment for under $1100/month
Hungrypiemonger
100/month phone plan as well not 40...unless its per person on a multiple person plan.
Bigballz
In Buffalo, NY I have a nice apartment for $800 month by myself if you can handle shitty weather
topdollar38
A person who has 4 roommates https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
SuicidalThrillbillyturnedLunaticChillbilly
I live in a 4 bedroom house for 775/month. I split it with my brother.
PorneliusHubertII
A high end apt in my area goes for like $800/mo
thelenlikeafelon
$525/month for two bedroom apartment, no dishwasher but everything else is fine.
stinkonamonkey
People who share apartments, and people who don't live in high rent districts.
biscuitsngravybelly
But good luck making that salary anywhere near a low rent district at 25.
Hungrypiemonger
that also make 100k a year? no...doesn't happen.
1Plebian
Well I did with several others.
PoliteButFactualCanadian
I own my condo for around $1000 CAD a month, which is around $850. I'm in Toronto. Just have to take a risk and be informed.
PoliteButFactualCanadian
$850 US.
FireBreathingStockBroker
My mortgage is less than that. For a 3 bedroom 2 bathroom single family home.
Alfadorfox
What part of the country/world do you live in with housing prices like that?
FireBreathingStockBroker
Median housing prices in my area are more than 10% above national averages
FireBreathingStockBroker
That includes all taxes and insurance
UrbanSatyr
...and thousands of dollars down payment.
FireBreathingStockBroker
I put down very little overall. But yes, the down payment was technically "thousands"
poughdrew
Congrats.
8hourgamer
people in the mid-west in a town with less that 50k residents
Hungrypiemonger
which jobs in a mid-west town with less than 50k people make over 100k/yr? cus i'll move there posthaste.
8hourgamer
Doctors? I only made 25K when I lived there. But the $400 rent was super nice.
UnrustleYerJimmies
25 year old doctors are doing internships and residencies and don't get paid that much.
NotAGirl
Utility industry. Go be a lineman anywhere and I'm sure you'll make good money
babycheesehead
It’s probably in NY or a similar city where an apartment costs at least $2k a month
poughdrew
When I moved to Bay Area CA in 2014, I was mad struggling to find anything under $3500/Mon, because 3BR and I have kids.
hipshopbutcanthap
Where 100k is barely above poverty. /s but only slightly
KaoruVanity
That only exists in one area. Silicone Valley. Thats the only 6 digit poverty area. (afaik)
poughdrew
*Silicon
KaoruVanity
Yeah that!
Bystandr
SF - "I have $2,750 - rent for my 1bd apartment is $3,000 !"
TheIrishBeefcake9000
In Utah, it's nearly impossible to find a decent apartment for $850.
thesupersonic
I can’t find a decent apartment for 825. You’d be hard pressed to find a mortgage that low.
AnathemaNoreh
And only $130 for transportation? That's more than my insurance. And $30/month for a house cleaner? That's less than an hour!
Silnt39
Nope..he'd have to be in the middle of nowhere Alabama to get rent that cheap...and good luck making 100k there
insomniac24x7
This is from 1995?
lilmonkie
Maybe they have a roommate?
Alfadorfox
Oh no, it's a house. They have a "house cleaner". So they're renting a whole HOUSE for $850 a month. Ludicrous.
sciencebasedlifeform
$270 for health insurance? Definitely not the US
aDodecahedron
I’m an early 20s healthy male, and my cheapest marketplace health insurance options are ~$240/mo, so this doesn’t seem unreasonable to me
HelpfulCorn
Yeah with $100k job that's legit. I think I would pay that or less if I was on the single plan at my job
rocklobsteriguess
i’m 26 making almost that much and spend exactly $750/mo. total on rent, utilities, and internet. Not all of us try to live above our means
onef8
As a 27 year old who makes $121K a year, I can confirm, these numbers are bullshit. Nothing is this cheap.
PoliteButFactualCanadian
My numbers are around that. So....
supervillainsevilmoustache
You’re Canadian might be the difference? Between public transportation/Uber costs, I don’t know anyone that spends this little on transport,
supervillainsevilmoustache
... the food costs are low by about 40%. Health insurance, maybe? It’s a little low. No loan payments, and donations? LOL
braintortilla
As a 27 year old who makes 121k a year, I spend less than this a month. 400 for groceries is ridiculous, 250 for dining out is also a lot.
CrypticalEnvelopement
&250 a month on dining out and $400 a mo th on groceries LOL
DrPhillipMahmoufWifarts
As a 34 year old who makes much less than that, how do I apply for a grant with you?
pareidoliaperson
31 Count me in. Those numbers look like fairy tale stories to me. I'm not making a quarter of that, imagine that.
Virus322
Well looks like we both should have known better and been born into richer families and gone to college.
mymanmaverick
Yup 27 years old, making same $, my rent is 1800 a month
onef8
Yeah I'm paying $1650. I do not look forward to paying $1800 in rent. I think I'd be happier with the cost if it wasn't renting. Burning $$
mymanmaverick
Im getting out of my rent this weekend finally. Work isn’t making me go back until March now. So I don’t want to be in nyc. Where are you?
onef8
Detroit, MI. I do not envy you living in NYC. I hear rent out there is outrageous for a tiny amount of space.
PossiblyYourMother
Same here except mines 2250 for a one bedroom shithole. I can't wait to get out of the bay area
poughdrew
I was gonna say, stinks like Bay Area in these comments.
puffcorn237
That's more than my mortgage. Not counting taxes or insurance. But I have to mow the lawn.
CaptainRedHat
What job do you have?
Ilikecreativepeople
He's in the family business...
onef8
No family business. Made my own way, but it's tough. Early career was tough. A couple repo'd vehicles, terrible credit due to lots of 1/2
onef8
late payments and defaulting on loans. Student debt is killing me, but I'm getting there. 2/2
onef8
I'm a DevOps Engineer in the manufacturing industry.
CaptainRedHat
Oh cool! I'm a lead SRE in the healthcare industry.
onef8
Oh nice! I could really use some insight into observability. Got any tips? PM me!
Ishwish
130k - 1,300$ rent (buying soon :D )
SenpaiNoitTickles
Lemme know where I can find an apartment that actually costs that little
holycrapitsmyles
Their Alcohol consumption would have the grocery bill far bigger.
InTheDistanceAPlaintiveEnglishHorn
Because it's too much? Too little? I can't tell! My household makes £42k a year pre-tax and our rent is £875
Bmxtucker
Lol there aren’t even apartments for rent around me for less that $900/month
PballQhead
Luxury aside, a 25 year old making 100k is most likely in someplace like NYC or Silicon Valley where a normal 1-bed is in the 4 figures.
TheFatherMind
$250 for health care??? That was what I payed before Obamacare. Now it is $550. I call bullshit.
HelpfulCorn
Insurance only, and this is legit for company provided insurance. Mine is similar.
Isthe4thtimethecharm
$250 a month for dining out. I spend that on just lunch.
hobojones85
Im 35 and well over 100k now. When i was about 28 i bought a house for 80k. Mortgage was 750 but dropped to 400 as i payed it off.
afroniner
Holy shit where, Midwest?
hobojones85
About an hour nw of chichago. Right after housing bubble bought a dirty looking forclosed house and fixed it up.
belligerentrightdoer
I live in an expensive area, I live in a crappy 1 bedroom and pay $2100 rent MONTHLY and I'm getting laid off. Guess I'm moving
thelenlikeafelon
I was offered a teaching job in Orange county and turned it down for half the pay in MI because it was more affordable.
LovesToSpooge517
If you like or appreciate or even just tolerate the outdoors you’ll have a blast in MI.
LovesToSpooge517
Plus good on you, your vote will truly matter in Michigan
malexmatt
Median rent in the country is ~$1000 lol, you would think CNBC would have the presence of mind to use medians/means for things
IJustPoopedMyPants
I know guys who were pushing 100k in their late 20s. They rented a big house together so they could save money and still party
Dragonstrike911
I am doing that right now. Saves money all around and you always have people to chat with. Especially with the current environment.
topdollar38
I did that for 3 years. 5 of us in a house. I was only paying $650 a month
SewerRanger
That's what the guy the article linked in the tweet does. He rents with four other roommates.
rumpleforeskinforthewin
And only spending $130 a month on transportation. My car payment alone is more than that.
Hungrypiemonger
$325 /monthly train ticket for me
belligerentrightdoer
My car is paid off and that's $80 less than what I spend on transportation each month(I have to pay a bridge toll 4 days a week)
haadyy
I read you have to pay a bridge troll... XD
ImmaCatImmaSexyCat
That seems reasonable to me. Gas for me would run about $60 per month, and I saved on parking by just using an expired parking pass at work.
poscduke
Metro?
PballQhead
Depends on where they live. NYC you can absolutely do $130 a month for transport, that's an unlimited MetroCard which is all you need.
ChrisBronson
I guess he shares a Manhatten apartment with 5 other people then
lronMaiden
That's part of the problem. Here average car is worth a bit over 3k and almost 13 years old. (Half of them are cheaper & older)
TheKingRamen
Perhaps he bought his car outright? A car payment is a terrible investment
rumpleforeskinforthewin
You could still equate it to a monthly expense. And you still have insurance and tires, and other periodical repairs and maintenance.
peikkos
Depends. My have a low interest rate where it makes sense to borrow. My line of credit is stupid low, make more money to invest in stocks
PorneliusHubertII
I think the 24k i spent on my car over 5 years was a solid investment for 15-20 years of reliable transportation. Im 8 uears in and at 43k m
PballQhead
1. Not everyone has 30k for a new car outright 2. if you have good credit and can get a 0% loan, it's perfectly fine. Of course, the entire>
PballQhead
concept of a new car is terrible as an investment, with very few exceptions they instantly depreciate. Buy a decent $5k used every 2 years.
TheKingRamen
I’ve never bought a new car in my life. And I don’t plan to start anytime soon.
TheKingRamen
Yeah I largely agree with that. I don’t like monthly payments of any kind though
thelenlikeafelon
I'm assuming $100k 25 year old probably lives in a city where you probably don't have a car even if you are somewhat wealthy.
PballQhead
And where rent is 4x that. For a reasonable 2 bed in a nice but not outrageous neighborhood. Transit is about right, though.
biscuitsngravybelly
Yeah, I don't make 100k a year and my car payment is 450.
PorneliusHubertII
Reasonable to assume that a 25 year old makimg 100k/yr already owns his car.
rumpleforeskinforthewin
Just as reasonable to assume he/she just bought a new car as well.
Mairoa
And pays no insurance or fuel?
PorneliusHubertII
Insurance full coverage with a good record is like $80. If car has good gas mileage and a short commute $40-60 in gas/mo isnt unheard of
rumpleforeskinforthewin
Still got to add oil changes, tires, and other basic maintenance issues.
PoliteButFactualCanadian
Actually, the transit and mortgage/rent numbers are very close to mine and I live in Toronto, which is NA's 4th largest city.
Mairoa
I'd say bc Canada is a functioning country where wealth inequality is an issue, but not as up your ass with a cactus as the US
PballQhead
Damn, that's some amazing rent. For NYC the transit cost is about right, the rent is low by a factor of 3 to 4.
PoliteButFactualCanadian
I ended up buying my condo in a very low income area and it's become better. Have to make sacrifices to get ahead. I'm only earn 70k CAD
TVNewsIsBadForYou
I pay $100 a month in tolls alone
TheKingRamen
Maybe he lives in the south? I’ve never seen a toll road in my life
TVNewsIsBadForYou
We don’t have toll roads either, that’s for the bridge toll.
TheKingRamen
You gotta pay the troll toll. Everyone knows that
some1username
I used to, but 20 for internet is bullshit, and where I'm at, you don't get a decent cellphone plan for less than 50.
[deleted]
[deleted]
MVPHingleMcCringleBerry
Gas would be in transportation
LacquerHead
Probably share internet with the 4 roommates, phone bill is under "cell phone" and gas in "transportation", or maybe they dont have a car.
KeyLimeAnxiety
25 and my rent is $2,200 for a one bedroom
HighPriestessofSoFrickingTired
Or giving $615 in donations every month
mormacil
Tithe
NotQuiteTheRealSlimShady
Donating it to my savings account if I'm making that much.
princessdogface
Cam girls need support too!!
storebrandproductmascot
DaBaiMa
Why do so many people donate to political parties in the USA? Is it related to tipping in restaurants? Most other nationalities don’t do it.
lesliebugs
They're PAC or charity donations for various issues, rarely to the party itself (there are limits on that).
choakid999
Or that their phone bill@would only cost $40
hardlyfatal
Or that internet would only cost $20.
Frostbreaker1
They must be looking at Onlyfans contributions
2lppl2
johnathanortiz
I think donations is that really cool bar downtown
AvianFox
Donations are to "friends" who provide gifts that come in the form of various substances that some may consider to be medicine/drugs.
celestedrake
Or just to friends in need...I have friends less financially stable than I who I don’t want to starve...
AvianFox
I agree. Hopefully that is the case. In a perfect world... but i was referring to the potential consumption of drugs listed as "donations."
nossan
You are a good person. I hope your friends appreciate you!
JustChargeYourDamnPhone
Mislabeled bar tabs?
CmfMttnPpl
Tax deductible bar tabs
Coonga
I think it's supposed to be college loans
Nobanob
Intentionally disguised bar tabs
hipshopbutcanthap
It's the name of the bar.
Hungrypiemonger
2 dollar drafts at Donations, tonight only
postingpandas
Porn*
Imalwaysready
Right? I've known these people and they do make some donations, but not 10% of their take home. Not at 25.
hardlyfatal
Maybe he's one of those nutjobs who tithes.
DoubleChungTransplant
A Mormon would
Imalwaysready
Mormons aren't "typical."
lesliebugs
That's actually not far off, I live in DC, it's straight nonsense how much people donate to various causes, it's like a culture of its own.
some1username
Almost like a religion...
mako925
The insurance is too low too.
KaoruVanity
I've never worked a place that charged me $270 a month for single person insurance... Including vision AND dental. My current job even the
FoggyNights
Oh i assumed that was life insurance, i forget some places pay health insurance
KaoruVanity
Premium plans on all of them would run me at most, 150.
KaoruVanity
*and auto insurance if covered there, $120 a month would more than cover that.
ThrowtheHammer13
If I got health insurance from my company for my wife and I, it would be over $200 a week.
LadyMidnightToker
Internet is too! 20 bux for internet.. I don't think so! I only have internet and it's like 60!
CaptainObveeus
My Internet is £60, but that's for gigabit.
Leolol1
If they’re making 100k his employer probably covers most of their insurance, so that can be accurate. But overall this chart is... yeah lol
DonutOlympian
My medical/vision/dental only runs about $50 a paycheck, every two weeks
cyrilzeta
supervillainsevilmoustache
Found the Mormon.
Iwipestandingup
20 dollars for fucking internet. Ok.
Fatkats93
Must still have roommates lol
SimplyViking
I've got free internet included in my apartment. And I'm am 25
khora
Same here. 100Mbit plug in the wall.
StonesOnTheHill
Yeah, you go down to the closes mcdonalds, use the wifi, and sometimes, they badger you into buying something.
Dahliaisahedgehog
Comcast raised my internet bill by 50%. I've literally clocked a 0mbps download speed once... wtf
Iwipestandingup
Fuck Comcast
Dahliaisahedgehog
Every time I call I preface with, "now I'm not angry at you, I'm angry at and hate the company you work for"
OddOod
I pay 60 for gigabit
CodeChimpin
I pay $120/mo
noneweregiven
Cellphone for 40 bucks and Health Insurance for 270. Hilarious.
PyllyNalleMissionaries
I pay 20 euros for internet, i think the unit has a big difference then
ViolentlyOfferingBeerToSheep
if the unit difference is that big then you pay a FUCKLOAD for dining out
PyllyNalleMissionaries
For those wondering, 20 EUR is 24 USD
user0799
Mine was $20/mo for two years. I had a 10mpbs plan that was retired so they upped it to 25mpbs at same cost. Price went up last year.
grandmathinksimsatan
So ? I live in a nice place downtown and the internet is free but I upgraded to gig and it’s only 20. Just saying
angelghoul
I pay $110for internet. And I’m 25
Bronnichiwa
Start.ca
Lionskull
att uverse gigabit for $70
Nekroit
Just wait till you turn 30...
antman2988
Yeah i pay 90 dollars and only get 25 mb because my area is shit.
BatmansUnderPantsAreSoSoft
I just got fiber for 45 a month for 300/300, waited almost 2 years for this shit.
IAMBATWANG
FUCK COMCAST
angelghoul
yes ?
CheapAss
Why is broadband so expensive in America?
Retardis310
My service offers 25mbps for 25, or 1 gb for 70.
MyNameIsPer
Monopoly..
RevenantBacon
Generally speaking, you only have one choice of provider in a given area, and since they're the only choice, they can set the price high
cerpintaxt475
*cries in Canadian* up here we envy the US's "cheap internet"
drduffer
Capitalistic greed. Like most things in this country. And I like Capitalism, in general. But the US is out of control.
paps511
https://www.youtube.com/watch?v=0ilMx7k7mso
FondofM
I have Google Fiber 1GB for $70, I will not complain.
Pyrocy779
Because the companies typically have contracts with cities and have their own little arenas of service within that city.
Zamm005
You mean: BECAUSE CAPITALISM BABY!! WOOHOOOO! NUMBER ONE! USA BABAAAY!! YEEEHAAAAWWW!
Pyrocy779
So the city I live in has Verizon, AT&T, and Comcast is service providers. But the neighborhood where I live, Comcast is the only...
JesaraB
that sucks, I've never paid more than 60
ratcamper
I pay AUD$90.
ratcamper
100MBit
Sicnazty
That is fucking crazy where do you live so I can avoid like the plague
angelghoul
indiana ?
Sicnazty
What in the fuck? Are you super rural? I was able to pay for just broadband at like $40/mo no cable or phone.
IHateCakeDays
That’s probably some fast 1000/1000. Probable because those donations to cam girls. 5€ gets 50/50 and that gives enough speed
InTheDistanceAPlaintiveEnglishHorn
What is 50/50
IHateCakeDays
50MB download and upload speed for optical fiber cable
IHateCakeDays
If I make 12month contract now, I could get 100 for same price, but price would double after that
SumDuzzle
5 euro for 50/50???? You you'd be spending 40-50 dollars for just 50/50
RadonGaming
Gbps is quite rare for domestic. And it's upwards of £70 a month
SatanicSpirals
Average for 100/10 here is $60USD
IHateCakeDays
1gbps would cost me 29,90€, not really worth it.
DooksandPooks
Let’s see I’m a 33 year old making $40,000 a year. And I pay have to spend about as much as this imaginary 25 year old millionaire.
spacecowboyein
They also forgot the student loan payments...
SmallMarbleDancer
Nah man, 6 years in the military then work an industrial job. Can earn $100k+/year with no student debt.
DooksandPooks
HOUSE CLEANER, eating out, wtf world is this.
UltimatelyWarrious
Yip!!
cleverlydisguised
That's the "donations" category
yoshtan4
That is exactly what I was going to say, going to an American college was probably the biggest mistake of my life.
youwontlikewhateveriwrite
Probably wouldn't be renting either.
eromitlab
These are the assholes on House Hunters who are "just starting out" and "only" have $800k.
omh2
Got bad news for you about living in large cities... which most people making that type of money at 25 will be
Endofire
Probably wouldn’t be using $20 internet that’s for sure.
Isatronium
May be splitting it with roommates.
rumpleforeskinforthewin
Can you even get $20 internet service anymore?
parasztarcal
I get 20mbits for that, my colleague in the city gets a gigabit, and I envy it a hell of a lot.
Aldersberg
Yeah, a 1 Gb fiber connection in my town. But you'd have to live in Eu
rumpleforeskinforthewin
It’s also subsidized with tax $$$ so although it is only £20 a month to you directly, you probably pay much more when you factor taxes in.
TweakerTheBarbarian
That makes sense, you live in a developed country.
schrodingersasymmetric12gauge
I was just going to say, "excellent with money" "renting"... Pick one.
puffcorn237
About 16k a year of my mortgage go towards taxes and interest. Could split a house to rent and save the equity. Renting isn't always bad
schrodingersasymmetric12gauge
Because you're not paying taxes or interest on the house you're renting..........
puffcorn237
I'm saying that if I can get my rent below what I pay for taxes and interest I'd be up cash. I can save the 14k equity and put it in the mkt
puffcorn237
Some people don't understand that a majority of their payments don't go towards equity and rush to buy something
TheBigBoldLlama
These numbers feel so wrong. For example, I make about that much and I spend close to 2k in rent.
SexualChocolates
Yeah $2,300 hundred here. Live in a ridiculous city
Smegmasasurus
Same, just over 100k and my rent is 1200 for a tiny 2 bedroom in a very mediocre neighborhood that's boarder line ghetto a few blocks away
Emperorofman
I live in tampa, I pay 1050 for a 2 bedroom townhouse
BringbackthePlague
I pay 1300 for a 1 bedroom
oddizee
Roommates
meganical
Unless they’re sharing the same bedroom, that doesn’t bring down the price much
KaoruVanity
800 split 5 ways. Thats 4k a month rent.
oddizee
If i rent an apartment for 2k a month i spend 2k. If two people rent an apartment for 2k a month each spends 1k. Am I missing something?
dcchillin46
Who TF is 25 making 100k? I'm 30 making 40k. Who pays $20 for internet? Is it dialup? My electricity alone is $170/mo in Ohio...
cyounghmfce
i wish i could give this comment more upvotes!!
MollyPoppins
Demolition supervisor, 27, $120k/year.
FlyingDorito
CS coop students (18 years olds) make around 45K USD in Canada. Once, graduated and with few years of experience, 60K USD is norm.
FlyingDorito
It really depends on what you study and your grades, however.
Whalegod
I'm turning 25 and I was making $60k, granted 14hr days and 100's of hours of overtime. $875 was the cheapest place I could find in my area.
Whalegod
Car payments are $500/month, insurance went from $120 to $385/month(yes, I did change companies, yes that is the lowest) the disconnect
Whalegod
Is laughable.
Gateam
work in finance
RogueMachinae
I'm almost 29 making 60k.
MOTHERFUCKINGALLAH
Skilled tradesmen and engineers
TheLetterJeigh
I'm 24 making 95k, my buddies the same age making 250k. It's more about where you live than what you do.
thotheger
Coders in SF can make that money. But their rent is like 5fold compared to what this lists here. These are all fabricated numbers
Sprixxen
Salaries are higher in big cities. 100k is high, but not super high for some fields.
sabathedog
In phx we’re out here paying $400/mo for AC
MadeYouLookAgain
Phoenix shouldn't exist. It's a nice place and all but whoever was like " let's put 5 million people somewhere in super heat w/ no water 1/
MadeYouLookAgain
Is kind of an idiot. And let's also cover it in golf courses because they don't need a shit ton of water either right‽
ServantOfTheGodEmperorOfUsersub
An engineering degree at 25 is 80k tops
NdotGreeze
A good comp sci position will get you >100k starting
LetumComplexo
I average around $80 a month for electricity. It can go as low as 40 or as high as 120 depending on cooling/heating load.
CthuluIsMyHomie
AOL in 1998, where the rest of their numbers came from as well
Snooj
The problem here is that these numbers are all *possible* but they are not probable. A statistical survey needs to be conducted and 1-
Snooj
the numbers need to come from mean values. Otherwise this is garbage. "Here's a graph of how the outliers can make everything work." 2-2
LSUguy
Railroader here for class I railway. 30 makes 100-120k/year
LSUguy
Like the other user said, we're unionized and fight for it.
TankTrain
Yep. Passenger train driver in greater Sydney. We all make 6 figures. That's Aussie dollars though. So very close to $100k USD. We've got a
TankTrain
guy who is 19 and making that amount. He still lives at home with his parents. His mum makes him lunch and washes his clothes. Lucky bastard
LSUguy
Lmao we had one of those in my hire training class. Super arrogant as he was a 4th generation railroader. "it's in my blood I know this shit
LSUguy
Ended up being the pariah of the yard everyone took days off to avoid working with as he was an accident or firing waiting to happen. Ended
forgetthisnoise
Minnesota is about the same electric as yours. $80 a month for water and we really don't use a lot of water as my dude's have decided 1
forgetthisnoise
Hygiene is for other people
Uberdude100
I had a few friends that started making 6 figures right after undergrad. All programmers/ computer science majors.
TacoBellBody
Finance also pays that right after school. Andrew Yang said he made $140k in finance with a bachelors to basically be a human spell checker
IsThisABurnerAccount
True, but were those jobs in areas where rent is 825/month?
chromed
Only if you have 3 or 4 roommates.
usedpatiofurniture
yeah i call complete bullshit on that fact alone. 825 a month? Even in shit cities it can be more than that.
TheZacAttack
Texas, Oklahoma, Arkansas. 100k income and <800 rent is doable if you dont mind a 45 minute commute
obastables
Came to say this - programming, web development, etc., tend to have high and highly competitive salaries / compensation packages.
itsapirateslifeforme
Is that not because these are careers where burnout is way higher than average though?
obastables
Most products include UI/UX design and digital strategy bare minimum. How many sites, apps, etc do you use in a day? Plus the internal /
obastables
tools those companies make, plus the support software they use, etc. down the line. Your fridge, car, shoes, fast food, clothes, media are /
Brayzure
No, it's because the jobs are so highly in demand. Making almost any modern product or service requires software developers of some kind.
itsapirateslifeforme
I'm not saying that's not also the case but my wife works in that industry and is extremely wary of places that offer great salary plus
IwillrateyourDeckBobandVagenePics
At my job, we have quite a few out of college at min $100k on their first full year. But that includes OT, differentials, holiday, etc in DC
Emperorofman
An engineer, a day trader, a drug dealer
POTUSBrown
And 100 dollars a week for groceries. If you just feed yourself I guess.
Freakayou
Wife and I spend about 400 a month on grocery's and we eat at home 99% of the time.
InboxMeYourHDGIFs
I live in a house with 4 adults, groceries are ~$70 a week.
OldEricCool
Somehow I manage to pay $20 for internet. I have a couple of intro promos that reduce my bill by from $45 to $20 and every time the promos..
OldEricCool
...are supposed to end I call Comcast and tell them I'll be switching providers if they don't keep the promotion going.Worked 2 yrs in a row
OldEricCool
But for budgeting purposes I agree that it is wildly unrealistic for most.
Hessarian99
Tech workers, actors, certain skilled trades, pilots....ect
KonHunter
My brother is making easily that as a lead Heavy Duty Mechanic
Kenken900
I'm 28 and I do 120k year but I work 3 week per month 12h day lol this is no life
SpicySwampAss
*Laughs in surgical residency*
Jordanecus
Yup, you are just "living" your not really alive. And unless you save the shot out of that money and invest. It won't add up to anything...
Kenken900
Well i can afford the farm my wife have always wanted and my family will never have to worry about money and discomfort.
Kenken900
And ulim pretty much alive since Iove my job lol
Jordanecus
Well that's good for you
phonoodle415
Yeah im 31 making 40k in SF. i would be ballin making 100k. Its not hard for me to save. Everyones lifestyle is different tho
thepenismightierthanyours
40k in SF? You homeless?
phonoodle415
Nah rent control
thepenismightierthanyours
Ah
DavidBrooker
I was hired as a professor at 27, at $115k.
PopcornScuba3000
What field? Public or pvt school?
DavidBrooker
Aerospace engineering, public school
PopcornScuba3000
Damn. Way to go.
viper7667
I’m 27 and I make 90k a year. The hours and work schedule suck but I make damn good money
knotch2
yeah the 40 dollar phone bill. These bills are pipe dreams.
Thezach930
Mine is only $45/mo unlimited talk/text and 2gb of data through AT&T. Monthly prepaid is the way to go, so is owning your phone outright.
inchoroi
I'm 35 making 35k in a good year. My friend makes maybe 50k at 27.
oshastandard
Union trades in ny if u get in at 18 you would be making 100 by 23 that’s the only way I know
Livingexistence
And if you live in NY all the rent and shit is a fake price... this is like working and living it up in the city while spending back woods $
SexualChocolates
Young lawyers (24/25) can make double that in the right market.
loma45
Comp science/ engineering grads can hit that quick too, but only the top 5-10% by that age.
ABillionDucks
You're not paying 850 a month then. Maybe with 2 roommates
loma45
The expenses are wack, no question. I was just commenting on the income part of the equation
datester35
As a comp sci student, I do hope that I can too, but even so it seems pretty unlikely (although pretty good right out of college)
loma45
Yeah, you've gotta be pretty top tier to hit that immediately. The good news is that even decent grads can make good money
datester35
Yup! That's what I'm hoping for.
dcchillin46
Ya I work in Indiana as cnc machinist. IN so no unions. 3 year experience and thats what I make It's frustrating. School, moving is the goal
TheRealGeorgeMcfly
You make 100k a year?
GuardianANGEL426
His original comment is age 30 making 40k
TheRealGeorgeMcfly
Ah yes, I see now. . There's too many threads to keep track of.
dcchillin46
No, 40.
TheRealGeorgeMcfly
I think I got lost reading other replies. I see your original comment now.
paulsname
Electric here is $180 5 ppl one house. Indiana. Changing everything to be more effecient it was almost $300. Tv upgrades lowered it $30 alon
paulsname
Alone. They generate less heat and use less electricity. Then everything over to LED lighting. And upgraded central air and ac unit.
paulsname
To save about $120 a month it cost almost 10,000 up front. Still going to have a company come and redo all the insulation(another 10k or so)
neoritter
Also, 170 for electricity? Turn off some lights dude. I have a house & only pay close to that in the peak of summer heat.
thevortexmaster
I pay around 200 every 2 months for a large enough house that's summer though. Probably go up in the winter
CthuluIsMyHomie
Air conditioning an 1800 sq ft house in Vegas had my summer bill in the $150/month range
Digitalblade
Fuck mine averages 320 (FL), over 400 peak summer, 110 water
jaydawgx7
Also in Florida, $250 / month in summer and I live alone and leave all the shades closed like a vampire to keep the warm out
captain0marvel
Come on over to Texas. 170 is tame.
neoritter
Thankfully homeboy is in Ohio.
dcchillin46
Every light in my house is led. Lights aren't the problem ass.
neoritter
You have problems with how to take a joke. But you're too butt hurt not to project your own neurosis on this conversation.
robustdumbass3000
Being it is so high, can you have the utility come out and do a meter assessment? Maybe they are overcharging based upon past calculations.
racecarsnotracewars
Got a union refining job. Was making that at 25. These numbers are wack though still
IamRodHull
MBA students
yourbassist
Nope. Not even likely on the coasts.
IamRodHull
MBA grads from lbs walk into £100k jobs on average. Their average age is 30 plus though
k28j2CheeseMagnet
I mean my brother is 25 with an MBA and started 130k doing private equity in NYC. So I guess its possible on the coast.
[deleted]
[deleted]
itsnotthatbad21
I don’t know why you are getting downvoted? I just got a traveling job last year pay is great but the hours and distance from home is hard
archangelselect
Do they fly you business class?
[deleted]
[deleted]
[deleted]
[deleted]
namAehT
What do you do? Consultant of some kind?
itsnotthatbad21
We drive most places except if we do crew changes for vacation and we fly business class
Thisisallyourfault
Only time I've seen 20 for internet is when you can add it on through an apartment complex who has a deal with a local provider.
fowly
Even here (EU) you would struggle to get Internet for ~15€. Maybe gives you 10MBit or so.
djkonga
In sweden you can get 100/100 internet for between 15-20€ in some cities
fowly
Nice! Here it's around 45€, I guess.
captain0marvel
Even then they force you into getting tv and internet which is definetly not 20 a month. It's more like a 100.
Thisisallyourfault
Or you get decent rates for the first year and then they gouge you. Sigh.
NotNotDeadpool
I'm 29 making 85. It's not impossible.
ellispickle
At 24 I was making 88k but it’s definitely not common or normal, and it sucks because I feel like I’m just getting by
hellodeliciousfriend
It's pretty unlikely at 25. You can get there faster than people think, but not that fast.
NotNotDeadpool
Yup, and i'd say the ones that do usually burn out not long after.
omh2
Step 1: go to college for Engineering or CS Step 2: live in a high COL city Step 3: get a job out of school Step 4: Cry because you're broke
NotNotDeadpool
Oh that sounds way more complicated than my plan was.
dan144
Software can do it if you work for big tech.
NotNotDeadpool
Bingo.
hellodeliciousfriend
I thought about mentioning that, but if you work for big tech the numbers on that chart are even more ridiculous. Try 3-4k for rent.
omh2
Real guy, with 4 housemates: https://www.cnbc.com/2018/12/20/budget-breakdown-of-a-25-year-old-who-makes-100000-dollars-a-year.html
dan144
It's possible, though big tech is moving toward remote work which means you can live in cheaper places making 100k+.
thesavagery
Get into mining. 18 year olds outta high school start making 75k. By the time you’re 25 and if you’re not an idiot, you’ll make 150k.
lilmonkie
Mining... For data or gold?
MrSaturday
Soon, both.
thesavagery
Well, both. I currently mine more data now to find more gold tomorrow.
thesavagery
Who downvotes this? And why?
SmilinSloth
Also by 27 suffer from black lung, retire by 35 due to the work and die in your 60s from black lung.
thesavagery
Don’t do coal. Gold mining we monitor air, have annual fit tests and quarterly biologicals.
ulftpts
Most large scale mines use haul trucks. Driving one at a mine I used work at paid $35 / hour. Those operators could break $100k on overtime.
ulftpts
Note, this was the middle of nowhere, mines and quarries close to anything that matters are closer to $20-25/ hour in my experience.
neoritter
Get a better job? Someone with a comp sci degree can expect this depending on sector and location by 25 easy. Pharmacists, various engineers
lilmonkie
This is my obligatory "please do not pursue pharmacy right now" post
neoritter
Update, you all seem to be confusing me correcting one portion of a comment with thinking the whole graph is correct. You're wrong.
dcchillin46
Nah you're telling me to turn lights off, get a better job, and saying I'm too poor to imagine a good paying job. You're cancer.
neoritter
I'm not telling you to do anything either. You suggested because you're making 40k that someone else couldn't make 100k.
neoritter
Lol, you're the one that was incredulous about 25 making 100k. Don't put your words in my mouth.
nilaismad
Im incredulous about 25 making 100k. It seems like this is normal to you, but really not for most, comp sci or any field.
dcchillin46
For someone doing so well in life you also don't seem to understand what a "rhetorical question" is.
neoritter
Ah nice excuse.
ZEER0H
I have a comp sci degree and make 53k at 23. Don't think it will double in the next 2 years.
ZEER0H
Highest I've seen for that experience range, assuming starting work at 22, is around 70-80k.
dcchillin46
Get a better job? No shit? Never thought of that...go fuck yourself. What about the 500+++ for student loan payments from that degree??
neoritter
Don't take it personally if you can't imagine jobs that'd pay 100k by 25.
dcchillin46
....so now I'm too poor to even imagine it? You're something else asshole.
neoritter
Keep trying crybully. You made the comparisons, funny out Eid in other people's mouths.
dcchillin46
I work 50+ hours a week often 6 or 7 days. I'm trying to go to school but a hour commute one way to work doesn't leave much time for it.
Pinyateh
As someone in the field of CS/ECE, you literally just need a degree, doesn’t matter where from. Save your money, get it online
Pinyateh
This guy is right though, a prick sure but demand is in for CS/tech and the pay shows. I’ll graduate in ‘22 (MSinCS) and make >100k assured
catncradle
I'm 28 and making 113, but rent is like 2.8k ?
Randomguy006
Silicon valley, I assume?
DrPhillipMahmoufWifarts
Why you throwing that money away? Build that equity!!
MrMineHeads
Property is expensive. If he instead puts it into investments, he can make much more than getting property.
sDsnAlien
You make that much and dont own property?
drbwaa
Hundreds of k in student debt, salary adjusted for NYC, etc etc. Very easy not to be able to own. That's sorta the point.
tetsuothecat
Im with ya but it's a mortgage
MrMineHeads
I really don't wanna go against the grain, but engineers can make 100k a couple years after school?
stehenallein
Engineer here, rarely. Also depends on what kind, where your're living/working etc. I could move to a big city and make 100k easy, but my
stehenallein
living expenses would increase vastly disproportionately to my income, so I chose to work in a small town because I actually put more
stehenallein
money in the bank. It doesn't make sense to spend 50k a year to make 110 if you can make 80 for 20. Unless you want that big city life.
MrMineHeads
Didn't mean for that to be a question. Sourve: my sister graduated and is already making 75k/year as a chem eng.
Jordanecus
Sure, but that's more of an exception. It is POSSIBLE, but 1. It's rare, even if everyone went to college the jobs would run out 2. Even
Jordanecus
Making that much you are not that ahead in life and the majority will almost certainly have 100k in debt. There will be exceptions bit yeah
MrMineHeads
I'd say by the time you're 35, you can make 100k as any type of engineer.