Let me tell ya, times are hard even if you are in a well paying field. Especially if you live in a city like NYC, or any other major city. The cost of everything, especially rent, is insane, and not reflected in the salaries. The salaries in my field are only a wee bit more than they were for people who worked in my job 10, even 20 years ago. But everything else one must buy, or wants to buy, has risen in costly substantially.
And forget investing in property! And then if you have kids... or family who need help (a lot of people now also have older parents because earlier generations started waiting to have kids until they were in their mid 30s/40s, rather than early 20s like the "old days", so millennials' parents are older than other generations, healthcare is not a right and prohibitively expensive for all especially the sick, and also grandparents who are living a long time are outliving their savings, etc etc)
And even as a massive theater fan who makes fairly good money ... spending more than a rush ticket's cost on a Spongebob musical is not my priority. |