Quote:
Originally Posted by mecheng77
If you make $55k and need more than 25 xyears to pay off a house, you don't know how to manage your money.
How many places in the world and first world and free and from them how many are affordable? Only USA. The avg price in all of Canada is $504k, In the metro cities it's much higher. Homes in the USA are very affordable. Europe, Australia, are all expensive
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It all depends where you live. 55k in some states/cities is not crap. But I do agree that 90%+ of people don’t know how to manage money. We are a nation of instant gratification so 55k doesn’t go a long way when you add a new m3 that someone pays 900+ a month for lol. But hey people gotta flex hard.