I easily cut that in half by not having kids and pets (personal choice), not spending 44k for a wedding, and not spending 800k on cars. I’ve owned 3 cars over 15 years and they cost 80k total (including loan payments).
Visualizing the Cost of the American Dream in 2024
Submitted 3 weeks ago by RagingHungryPanda@lemm.ee to aboringdystopia@lemmy.world
https://www.visualcapitalist.com/cost-of-the-american-dream-in-2024/
Comments
scytale@lemm.ee 3 weeks ago
soloner@lemmy.world 3 weeks ago
Those are some inflated numbers
0x01@lemmy.ml 3 weeks ago
Some of them perhaps, but the home is understated if anything, especially with interest rates in the 7% range. They’re also not accounting for taxes, utilities, repairs, and insurance
Sir_Kevin@lemmy.dbzer0.com 3 weeks ago
No way you’re raising two kids and putting them both through college for under a million. Not in today’s economy and certainly not in the hellscape we’ll be in 18 years from now.