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How do people afford to live?

Nellisir said:
Yeah, one of the biggest expenses there has got to be the vacation house.

That was the strangest thing on their list, IMO. A vacation home that costs more than the home they actually live in? If you're going to have a vacation home at all, I'd think it can be pretty much anywhere (because the cost of plane tickets and car rental are trivial compared to the cost of a house at even a third of the cost that their example family paid) and since you're not keeping all your stuff there, it can be somewhat smaller.
 

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IamTheTest said:
Well, look at the lifestyle in question. Do I need two brand new Lexus's, a boat, and swimming pool? Nah. Id live just fine with a 3 bedroom, 2 bathroom home in a nice neighborhood and that certainly wouldnt cost 200k.
Not in central New Jersey. My 1 bedroom, 1 bath condo costs $150K.
 


drothgery said:
That was the strangest thing on their list, IMO. A vacation home that costs more than the home they actually live in? If you're going to have a vacation home at all, I'd think it can be pretty much anywhere (because the cost of plane tickets and car rental are trivial compared to the cost of a house at even a third of the cost that their example family paid) and since you're not keeping all your stuff there, it can be somewhat smaller.

But vacation homes are at vacation destinations, and real estate costs at a destination, near attractions, are generally high. At home, you want a good school district, reasonable taxes, and a moderate commute. With a vacation home you want room for entertaining, a 5-minute commute, and toys.

Lake houses are very popular around here.

Cheers
Nell.
 

I come from a fairly rich family. Raised traveling the world, had a couple of maids, promised a car when I got to be sixteen, credit card at twelve, and all that you could ever want.

When I left home, I left all of it behind. I lived on the streets, with friends and such, until I could get my feet under me, get a job, my HS diploma, and finally a place to live. Why did I do it? Happiness. I hated who I had to pretend to be to live with the money- it was not worth it to me.

Eight- almost nine years later, I have an apartment of my own, have a car (no more public transportation :D ), and a fairly good job. Education is important to me- always has been. Thankfully I have money enough to pay my bills, have a movie ticket and things like that once in a while is what I want and need.

If you think you need money to be happy (in my experience) it’s not worth the trouble. I could call my family now and denounce who I truly am and be living high on the hog, but I would be terribly unhappy.

If its money you want then go to school, talk to the unemployment department and find out what you need to do to get into a higher paying job. Speak to the counselors at the JC nearest to you. Find something you like to do and figure out how to make money at it. Most of all- be true to yourself, and happy with who you are, it is so much more important then millions of dollars.
 

Steve Jung said:
Not in central New Jersey. My 1 bedroom, 1 bath condo costs $150K.
Similar to London, except that's definitely the low end of the range for a flat/appartment in London.

It really is true that as long as you can live within your income, without having to completely economise (i.e take a vacation each year, buy your books/games, go to the movies or buy/rent DVDs) you can enjoy life, as its your friends and family that you really get your happiness from.
 

I live in Manhattan. A 1-bedroom costs over $200k. :)

Anyway... you can find a job like that in:
- Banking
- Law
- Medicine (probably by being a specialist)
- Business
- Consulting
- Being a Rap Star

-- N
 

I know a lot of people who share apartments and have two or three people living in one place. It's worse for some familaies, as opposed to friends, as they have no problem living in the living room or dining room and making it another bedroom.

And Chicago is very expensive in many areas. Some of the highest gas, transportation car cost, rent, and the housing is raising at an incredible pace. My friends joke that Daily is trying to turn this into a Millionarie's city.
 

That's crazy. I grew up in a family of seven. My mom didn't work, and my dad never made $30,000 a year. We weren't rich, but we could afford to eat out if we wanted, go to a movie once in a while, etc. I had a shotgun when I was 6, a computer when I was 12, a car when I turned 16. Yeah, it was 7 years old, but it ran. It does not cost that much to have a decent lifestyle. I make less than my dad did, own my own home and 2 cars. Of course, I don't have a wife to suck the life out of me or my wallet either..... :p
 

Turanil said:
You can't of course, but nothing is lost: at least your D&D characters will probably kill dragons and get tons of gold! :p

Ain't that the truth! I had an epic character who ran around with a cool mil in her "pocket" and many mil in value for the armor she wore and the blade she wielded.... Never mind the keep she and her friends stayed in when they weren't out adventuring....
 

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