/biz/ - Business & Finance

>>16532699
>I make 145k (in Cali dollars) and can only afford about the same. Funny how cost of living works

No, it's funny how mismanaging your money and living above your means works. Having 1k a month to spare making 45k/ is fucking fantastic because it means you're saving/investing slightly over 25% of your income. Saving only 1k at 145k means you are saving a measly 8% of your income.

I don't know what your rent/mortage is, or what your family is, but you could easily save more money if you took at hard look at your finances and cut out all the bullshit you think adds value to your life. 25% would be difficult (especially with Cali gas prices), but you should be aiming for at least 15%.

t. making 40k and saving/investing 1k a month also.