Lots of people are able to “save” $10k per year, depending on your definition of savings (for example, putting it into a retirement fund) but anyone who thinks they are well-off because of it don’t realize where they stand on the class ladder. If you continue to stash away that ten grand every year it’ll take you 42 million years to match Elon Musk’s current net worth. That’s so long ago that the Eurasian landmass was still a blob of disconnected islands.
Plenty of workers can save that money in 5 months. I don’t even think that someone need a high paying job for that, depending on your expenses. Problem is that that money buys you little nowadays.
What’s that? No even a 1% of an average house anyways.
See my link about half of Americans living paycheck-to-paycheck and then realize that plenty of the ones that aren’t have stuff they want to spend the remaining money on to make their lives less miserable like entertainment.
Is it possible? Maybe. Is it healthy for your mental state? Probably not in a lot of the other half of Americans who can afford to save anything at all.
I guess? €1250 is the average national wage here, I think. I’d argue we have low wages as a nation, not so much as grad students, you know what I mean? I’m not upset at my situation, even if it’s not a lot of money.
Oh, well if you’re fine with it, fair enough. I just feel like, considering what grad students will be doing in the future, they deserve more than average.
The only idea that comes to mind is working for the mining industry in Austalia. My cousin’s husband was a carpenter there and apparently made bank. Although from the stories they told me, most would not save a significant portion. Apparently they tend to work 14 days on, 14 days off or in similar arrangements, and be flown in and out around their shifts. A significant portion of their colleagues would choose to fly to Bali instead of their respective Australian cities, spend their 14 days off there and immediately use up their wages. Weird lifestyle overall.
Wow that’s amazing, billionaires must totally think you’re one of them.
I wonder what he does. As a “working man.”
Lots of people are able to “save” $10k per year, depending on your definition of savings (for example, putting it into a retirement fund) but anyone who thinks they are well-off because of it don’t realize where they stand on the class ladder. If you continue to stash away that ten grand every year it’ll take you 42 million years to match Elon Musk’s current net worth. That’s so long ago that the Eurasian landmass was still a blob of disconnected islands.
Jokes on you, I was indoctrinated to believe Earth was created like 5,000 years ago.
Plenty of workers can save that money in 5 months. I don’t even think that someone need a high paying job for that, depending on your expenses. Problem is that that money buys you little nowadays.
What’s that? No even a 1% of an average house anyways.
See my link about half of Americans living paycheck-to-paycheck and then realize that plenty of the ones that aren’t have stuff they want to spend the remaining money on to make their lives less miserable like entertainment.
Is it possible? Maybe. Is it healthy for your mental state? Probably not in a lot of the other half of Americans who can afford to save anything at all.
I’m a PhD researcher. I make just over €1250 a month, grant money. Portugal.
Sounds like grad students get fucked over everywhere.
I guess? €1250 is the average national wage here, I think. I’d argue we have low wages as a nation, not so much as grad students, you know what I mean? I’m not upset at my situation, even if it’s not a lot of money.
Oh, well if you’re fine with it, fair enough. I just feel like, considering what grad students will be doing in the future, they deserve more than average.
The only idea that comes to mind is working for the mining industry in Austalia. My cousin’s husband was a carpenter there and apparently made bank. Although from the stories they told me, most would not save a significant portion. Apparently they tend to work 14 days on, 14 days off or in similar arrangements, and be flown in and out around their shifts. A significant portion of their colleagues would choose to fly to Bali instead of their respective Australian cities, spend their 14 days off there and immediately use up their wages. Weird lifestyle overall.
Very similar situation in western Canada’s oil industry, except replace Bali with drugs and big trucks.
Why would you say that?