EXPLAINED: $20 An Hour Is The NEW Minimum Wage | Millennials and Gen Z Living Paycheck to Paycheck

Why Millennials and Gen Z are living paycheck to paycheck earning $20 an hour.

[@amyleigh7624]

12 years ago, I made $10.50 working in education in Nevada. That job is now $13. Everything is a joke.

[@myopiniongoodyouropinionbad]

0.0

[@edwhatshisname3562]

Honk honk

[@LeonardoPisano-sn2lp]

All the taxes goes to the military and foreign aid

[@AsobiMedio]

@@LeonardoPisano-sn2lp Those two items together make up less than 16% of the federal budget. Foreign aid in particular makes up barely over 1% By all means, cut the military budget in half, the Pentagon has gotten a free ride for too damn long while failing every single audit ever attempted. But that alone won't even go halfway towards solving the problem. We need to revert back to pre-Reagan taxation levels, keep the bottom four tax brackets at around the same rate but increase the top three by relevant amounts. At the very least the Bush and Trump tax cuts need to be completely eliminated, these two policies blew massive holes in the budget that we never recovered from and are part of the reason that 10%+ of the budget goes to interest payments now. But even more importantly, cut off the hemorrhaging of money that is private contracting for public services. No more blank cheques for those freeloaders, either crush the abusers with punitive measures until they learn their lessons and stay on budget, or do everything in-house with no middle-man profiting from it. The transition process would be painful at first but holy shit it's necessary, especially in areas like healthcare. The ACA, that poison-pilled husk of what used to be Romneycare(That Republicans STILL didn't vote for, I should remind everyone, this is what attempting bipartisanship with a terrorist organization gets you) needs to be massively reformed or replaced with a single-payer system, having the government bankroll private insurance is the worst possible way to address the problem. All it does is allow those insurers to leach off the young and healthy while removing all risk involved with insuring the elderly by having the government drown them in infinite money all while the pharmaceutical companies and hospitals multiply their prices to capitalize, it's ridiculous.

[@stroose]

@@LeonardoPisano-sn2lpand illegals

[@dontmindme4197]

We live in an America the majority can’t afford to live in America what a time to be alive

[@theBear89451]

People start families and buy homes around the same time, so they would have deductions/credits, making taxes much lower than in this video.

[@agent_axiom]

BUT ALL THESE NEW ILLEGALS CAN!

[@dontmindme4197]

@@agent_axiom ok lol

[@myopiniongoodyouropinionbad]

Unless you just got here and are getting subsides XD

[@AsobiMedio]

@@agent_axiom Prove it. Take a flight to Mexico and try to cross over illegally and live off of the government, go ahead. After all, it's so easy right? Oh, that's right. You're just full of shit.

[@AlwaysGrowing0]

I made 45,000 in 2020. I worked hard, and between 2020-2024, I raised my salary to 80,000. I am making almost double the amount of money I made in 2020. However, I have less buying power now than I did 4 years ago.

[@Aquila-77]

Bye bye purchasing power and thank you federal reserve

[@ashmeyer21]

This one statement says it all 😊

[@theBear89451]

@@Aquila-77 Not just the Fed, but also, shutdowns, stimulus, and eviction moratoriums.

[@DearSX]

You have more purchasing power at $80k for most all things including homes, your wage increased 78% from $45k. I bought my home for $280k in 2019, now its worth $450k, that is a 60% increase. My salary also increase right around 78% since 2020, but I changed jobs twice to get it.

[@iguess2739]

@@DearSX "I bought my home for $280k in 2019, now its worth $450k, that is a 60% increase." What was the interest rate? I calculated the interest rate for 2019 and got less interest than principal. I calculated interest today and it was double the home cost. (all on a 30-yr mortgage).

[@profoundclarity8497]

at 21 an hour I barely qualify for rent in a 2 bedroom place.....its insane how crazy it is...people just assume households are dual incomes what about the single people and single people with kids

[@Undomaranel]

I'm single. I live in my car, have for two years. It's just not possible where I'm at on the west coast, and I'm willing to risk myself on the streets over the legal drama of getting a bad roommate, or getting married just to live together and combine things on paper (when I'm ace, never want a spouse or kids, and would fail at any kind of marriage relationship).

[@theBear89451]

Most of the recent standard of living decline can be attributed to the rise of singles.

[@jamesjackson6563]

​@@UndomaranelI'm not homeless i rent a room for $500 a month. But i agree with everything else you said and i dont have kids or a gf/wife and i never want either. I have over $30k saved though 💯 i hold on to that with an IRON FIST!

[@Gamerz00760]

​@@theBear89451 Well could be the opposite... Everyone got two & three jobs in one household so single people can't compete with a household that has 3-4+ incomes. Then you add in lottery winners, actors, musical artists, big tech, government jobs, rare high paying jobs like UPS where areas like mine the highest paying job in my county is around 100,000, but ups at $48hr or so is significantly more...at least for people who live here, someone in charge living outside the county may be omitted.

[@DarkBaptism]

I make $15 an hour, currently in Orlando and lucky enough to pay $1,350 for a 2 bdrm apartment. I split responsibles with my wife but her hours are always cut to less then 25 hours a week. I have to take on close to $1,000 a month for the rent myself. I have no health insurance, no savings and recently got my own hours cut to 33 hours working full time. I can't imagine ever retiring before I die of old age. This country is a joke.

[@24stanford]

You forgot to add the monthly credit card debt as well, this why making $20-40 an hour will put you underwater.

[@Xenozillex]

Credit cards are a trap for the desperate.

[@dolby8334]

@@Xenozillex credit cards are the easiest way to get your credit up.

[@Xenozillex]

@@dolby8334 If you treat it like a debit card, yes. But most people don't

[@TheDragonofRevelation]

Only if you know what you're doing.

[@dolby8334]

@TheDragonofRevelation true, but it's pretty much common sense.

[@CallingOutBsHere]

Personally I say fuck the taxes these corrupt bastards dont deserve anymore of our money!!!

[@Novusod]

Taxation is theft.

[@dynamicworlds1]

The corrupt bastards don't actually get rich on our tax dollars. They get rich off of the legalized bribes they get from real estate and heath insurance companies. Yes, the tax brackets need adjusting for this new reality so that the new poverty wages aren't taxed, but that's not the main problem here. Say it with me: the rent is too DAMN high!

[@tiffanymarie9750]

32 years old, making $23 an hour and after taxes, I can just barely afford to live alone in my studio apartment & pay most of my bills on time. No savings, but at least my job has a pension that my employer matches, which is way better than a lot of people have. And I'm still constantly stressed. 😀

[@DarkMustard1337]

I was told not too long ago by a brave keyboard warrior that I will always need a roomate and never own a home because I only work 40 hours a week lol I guess as the conomy changes so should my work week, time to find 2 fulltime jobs, yall despite being immunocompromised, have nerve damage and bone loss...time to sacrifice my life to own a home I will never be in cuz im too busy working.

[@theBear89451]

The average American employee works 34 hr/week and 65% of Americans own homes. The means at least some people are buying homes working less than 40 hrs.

[@Drew-gi5dw]

Most people who earn less than $1M/year live pay neck to paycheck. It has little to do with the amount earned and everything to do with the addiction to consumption.

[@ashtonhashbrown6155]

​@Drew-gi5dw I think something some people don't think about is location. 50,000 a year can get you a lot in rural Arkansas or whatnot, but that same 50,000 is not gonna last you in the good parts of a decent city anywhere. Where I live I'm lucky to make as much as I do considering how cheap and rural the area is.

[@publicenemy1238]

When you wanna continue working low end production jobs and do nothing to learn new skills to increase your income, sounds like a personal issue to me 😂

[@keylightsystems]

You should own your own home. I lucked in to mine to be honest. But I save 7 grand a year not renting.

[@cantwin8105]

Depending on where you live at it could be more, it could be less. In Raleigh NC, starting wages for no experience, jobs (like fast food, gas station, supermarkets, etc.) tend to be like 15 an hour. (Sometimes even less!) Let me tell yall that only affords you the rent of an apartment there. I'm not even talking anything fancy. Even 1 bedroom apartments are like 2 grand here. What's happening here is people are living with 2+ roommates just to afford rent. Then include everything else, you're still living paycheck to paycheck. It's ridiculous!

[@usurper501]

I was making $9 min wage as a college student in 2014 and now I’m making $20 min wage as an adult in 2024 - outstanding. Are we all supposed to become plumbers, electricians, or welders just to survive?

[@stevenspiegel4433]

As a welder I can attest that making 30$+ an hr I'm struggling living by myself... And I SAVE everything I earn and spend minimally. On the brink of searching for a roommate... Random side note: I was speaking to a cashier after shopping for groceries, just last week. She told me her dream job was becoming a plumber and I asked why? Her only response was that they made great money... That was it, zero interest really. I left a bit sad because deep down I could tell she didn't want to be a plumber.

[@Azuth65]

​@stevenspiegel4433 this is how I ended up in hvac, no passion for it but the paycheck...

[@Xenozillex]

Ironically, that would just make it worse by bringing down wages further.

[@DearSX]

Yes, I was making $9/hr in 2013 as a diet aid, now I'm making over $50/hr coding. Get with the program!

[@Novusod]

College is a scam. Definitely try to get into some kind of trade school. Avoid college unless you want to be a lawyer or doctor.

[@AGuitarNinja]

Don’t forget this is ideal circumstances! imagine living in the real world and having an emergency expense like a ticket/tow/a tire, or child support or deductibles etc a uhual to move , there’s soo many ways to be nickled and dimed like you said before any additional expenses or fun

[@KillersWalkFree]

This was broken down perfectly

[@Andy-lz6gb]

It's even worse in higher cost of living areas. $40 an hour is paycheck to paycheck

[@Madamchief]

At $40k/yr, Oregon subsidizes my healthcare through the ACA. They pay $450/month and I pay $5/month for a "silver plan"

[@MP-zd1wy]

Thank you so much for breaking down these comparisons in realistic terms. 🙏 You make it so much easier to explain to those who have no idea what it’s really like out here nowadays. 🙏

[@mayanays5163]

I'm just so tired of living, man. It's gotten to the point where I hate the idea waking up. With how things are looking right now, I don't see my future getting any better. I just want to go back to baby so bad. I want to wake up and have someone else help me with some things. Or tell me it'll be ok. I've given up on being ok for years. I don't think it ever will be.

[@TheDragonofRevelation]

Grow up and accept it. Forget the house, the corporations running the country and the politicians in their pockets want you to give up. Don't. Keep going out of spite, it makes the ruling class squirm.

[@privateprivate8366]

It’s what’s on my mind. Because I generally like my job, even with problems, mostly because it’s the lesser of evils, as to what mayhem I see going on out there. But, I’m interviewing for another company, who wants to poach me, not because I like the work better. But because I know there will never be deflation and I cannot live on giggles.

[@BrownPotato2000]

Just a couple of pointers for people who might be in tight spots. You can buy a haircut kit for $40 and cut your own hair. I started doing this a few years ago and probably save $500/yr. Also, do the prepaid cell phone. I do this and pay $35/month.

[@LightsHikesAndWanderlove]

Thank you for talking about this!! I hope more people see this!

[@melvinlosaria8175]

Thank you for sharing your brilliant creativity works video. All of us could relate what it’s all about the essence of your contents. Absolutely beautiful my friend. I love it and I enjoyed watching. All the best to you. I’ve subscribed to support your lovely channel.

[@donm2067]

Heres how its going in Canada. I went from 18$hr in 2020 to 36$hr now in September 2024, and I feel completely Bangkok street walker fvcked. I budget, I live cheaply, the cost has just gone insane.

[@NYRyder1983]

You basically have to be a criminal to live way better.

[@genreartwithjb5095]

This is why people in Western Europe are healthier and happier, they make a little less on the front end but on the back end they aren’t paying for healthcare, they aren’t paying for college, housing and food are way cheaper. They don’t need a car bc public transport is excellent. They get paid time off by law on top of paid maternity leave. America. Dream is now the European Dream

[@Yamyatos]

Except it's not a dream here. We just call it reality. On a note, most people do get a car / feel like they should have a car. We use it less, but usually get one other than in rare cases. That said, there is biyearly inspections that are mandatory and basically make sure the damn thing doesnt break down til the next one, so you can just get a very cheap (1-3k) car if you dont wanna overspend on cars.. which also cuts car payments out of the equation, and insurance is basically like 300-400€. A year. A know someone who barely pays like 400 bucks a month in rent aswell.. so that's possible, tho the closer you get to high demand areas (cities and stuff) the more expensive it gets, as usual. Another thing we dont pay for is education. Including university. On the other hand, wages dont escalate as drastically just because you have a degree. You still put in years of effort and not everybody can do it, but financially speaking, everybody could do it and you dont need super high wages because you are paying off like hundreds of thousands of debt. I think the biggest difference between european and american spending, at least how i see it, appears to be that americans buy most things with debt. Since you are highly in debt anyways, there is less worries with doing rate payments and getting loans for literally everything. In europe most people avoid any kind of debt or rate payments, unless it's a super big purchase, like a house, or a super good deal. We "just" save up money to buy what we want here.. sounds more easy than it is but overall saves money.

[@Fl0bwanken0bi]

I retired at 32 in America. Good luck with that in Europe. If you are a bottom of the barrel talent, for sure a place with a better safety net is better. However, we aren't all bottom of the barrel average.

[@Yamyatos]

@@Fl0bwanken0bi Since success stories like that always involve a big chunk of luck, or at the very least a very skilled individual, sure you can. The important point is however.. just because you did it in america, does not mean everybody can. And most people are far worse on in america. That said, america is a great country if you are rich. It is just a dystopian shithole for the majority that's not.

[@richikraut9400]

@@Fl0bwanken0bi You must get so hard while thinking about how awesome you are.

[@DearSX]

Much of Europe is going thru hard times and its going to get worse for many of falling birth rates and workers.

[@katherinefortin7965]

So 75% of job should be put aside we should all work finance owe big companies or work on construction and no one should take care of the waste, the kid and public service because those are not living proper job and we should be ashame of those hard working stupid job yeah right some narcissistic bullshit all job should be enough to live on we need them all and people who are less good at school still deserve to live normal happy live whatever IQ or capacity they have! If they work hard then they deserve to live well. That's just human decency

[@r.c.8268]

then Elon Musk and the Pope wonders, why poor working people arent reproducing anymore, why the cattle is not reproducing anymore

[@shadowwolf8496]

The rent also greatly depends on where you live because my brother is is paying about 1,000 for his fully furnished apartment. So the best thing to do is job search and find a better job in cheaper states

[@edwhatshisname3562]

I just live with one of my parents. Rent is at least less than 2,000, or north of that where I live. I make about 20 an hour. I'm almost 40, and by this point I've given up on the house of my own, girlfriend/wife and kids pipe dream. I'm just trying to save as much as I can, so I can live somewhat comfortably until I grow tired of it or too old to actually live life, then I guess I'll check out early. I have no desire to go into a "home" where I will simply be abused and or left to rot for the last 10 to 15 years of my life.

[@occultstainedglass1752]

Dont forget, money is worth less every year due to inflation, too...

[@wqweqwet1804]

Ah yes. This stupid thing they think is good. They want 2% inflation. No thanks!

[@crb4059]

Kind of the point of the whole vid

[@occultstainedglass1752]

@@crb4059 Okay, I just don't remember that being specifically stated...

[@crb4059]

@@occultstainedglass1752 its implied, the wages purchasing power is eroded over time

[@Jameserboy]

Hey Freddie, I'd love if you could make a video about this specifically regarding Canadian income! Our minimum wage in general is higher, but it doesn't seem to help considering our taxes and cost of living

[@TheInternetComplaintDepartment]

It's not that Americans don't know how to spend money, it's not the corporations (at least not all of them) are greedy. The dollar is the problem. We need to move to an asset backed dollar.

[@GolemDude]

I have my own 25/25/25/25 rule that I use to define finical stability as opposed to the 50/30/20 rule that banks use to define loan worthiness.

[@jamesmercer1400]

True. I’ve been saying this for the last year or so. If you’re making under $20 an hour, you are making less than minimum wage.

[@glitchy_weasel]

1:50 "If you wanted to splurge," yeah that's the problem. If you could live on a $1,200 place when you were making $20/hr, you can still live in that same place when making $30/hr. That "upgrade" alone would eat up 20% of your salary. Sure it's going to suck to live in your old place for quite some more time. But guess what, that's 20% of your income that could go into savings, and who knows, maybe a downpayment for your own place after several years.

[@MrCrabguy]

And by the way, raising the federal minimum wage would not fix this issue

[@toddjohnson271]

It means a pay decrease for the middle class as prices adjust to the minimum wage.

[@ncscooterz]

You can survive on $20 an hour if you work 80-120hrs a week. Stop being so lazy………

[@audreyhudson]

That's not even including electric, water, trash etc.

[@genreartwithjb5095]

But Jesse Waters told me I’m rich if I made 20 an hour

[@dontmindme4197]

Rent is to much it cost to much to sleep and store your shit just to pay other bills to sleep and store your shit

[@Romuluz369]

Cranking minimum wage does nothing. It only makes goods more expensive bc you have more dollars chasing fewer or the same number of goods. The key is to produce more goods and foster healthy competition between investors, manufacturers, distribution, and retailer. The reason simply producing more goods doesnt work right now is because all companies are owned by the same like 10 people lol

[@chiplangowski3298]

The average Social Security check today is just under $1800 per month. If you think it is hard being a young person living on $20 per hour, just imagine how hard life will be for you when you get older.

[@Dolcevita_bakes]

Sorry I had to laugh out loud when you said 500 a month for groceries I think even for one person that’s gonna be closer to 1000 because I live with more people in my grocery bill was about $2000 a month

[@tinobenson6903]

Do you have Aldi’s in your area? In 2020 I used to spend about 500 for just myself but recently I switched to Aldi after my fiancée convinced me and now our grocery bill is about $500 total for two people. The quality is still pretty good.

[@theBear89451]

What are you buying? We spend $600/month as a couple.

[@Oscarmyer69]

@@theBear89451right lmao. I have 2 kids and a wife and we eat happy and healthy for about 600-800$ a month.

[@JessG_20]

My husband and I spend about 600 to 700/ month

[@Novusod]

Buy a 50lb bag or rice $30 Buy 50lb bag of beans $30 1 jar of vitamins $30 salt + pepper $10 That is how you eat for $100 a month

[@donaldharris3037]

If you live in places like California and New York why do yall keep voting to support higher taxes i live in Tennessee with no state income tax which puts anywhere from 5000 to 10000 dollar back into my bank account because i didn't have to pay the high taxes plus i own a 4 bedroom 3 bath house 2800 sq feet and my property tax is 400 a year start voting for lower taxes or tax reform and you would be surprised how much more money you will have

[@davidmaman3925]

When I was in college I was making $6 an hour washing dishes. It was enough to justify work because you could buy about 5 gallons of gas for one hour of work. Under those same numbers the same wage would match $20 an hour. Reprice the stating salary of a professional that was around $20 an hour, 41.6k a year, to current prices would make a starting salary of a professional right out of college as $66.67 an hour or $138k a year.

[@Bertuzz84]

Damn 5 gallons of gas for 1 hour. I remember my first minimum wage job could buy me 1 gallon of gas per hour worked in the Netherlands. Gasoline cost me 15% of my monthly wage. I'm glad that i got an EV now and am done with that shit.

[@mormegil84]

I make $40 an hour...in my dreams.

[@JW-zs6tn]

everyone should get one free place to live, it's about use and everyone should stop paying taxes

[@warrengaiennie1011]

I made $12.50 an hour in 2020 with a stay at home wife 2 kids house note and car note. Were we “comfortable” absolutely not can it be done yes. The problem is most people don’t want to live in the crappy house, in a crappy neighborhood, in a crappy city, with a daily commute in a crappy car and work your way to something better. I did it with nothing I know people still doing it. I also work with alotta people bitching doing better than I did then

[@Trace153]

Jumping the MW in a state won’t solve the issue. Those companies are turning around and cutting down stores and staff replacing them with AI. Make laws around the core issues first, don’t just focus on the most basic part of the issue. This does nothing to fix the root issue. W/E let’s just watch it all burn and enjoy the show till it’s knocking at our door.

[@sportsnet1997]

I was looking for a car 2 years ago....I took a look at used cars....used cars from 2014 with 80k miles were going for 28K. Insane. That was more than any NEW car I owned before that. (I went with a new car). Oh yeah...car insurance is around $2,700 a year with a new car.

[@Middlebetter]

Preach brother

[@MatthewBratton-d1b]

I currently earn $22 an hour in a very expensive city. I’m able to meet my basic needs and then some a bit. Putting money away into savings though is very difficult at this wage. I’ve had to stay in my apartment many nights to save money and resist temptation to go out. It does get depressing at times, but I’ll earn more eventually.

[@Sub0Kate]

Healthcare is kind of a necessity and my biggest expense outside of housing. Why not include that? I think people are more likely to have a Healthcare payment than a car payment or student debt. Or am I wrong?

[@dontmindme4197]

Nah I’d imagine more people have a car note before health insurance unfortunately

[@Dudeguy36]

Generational living will become the new norm. People will have to buy a home together, live together and be cramped. Is what it is.

[@michaelschaper352]

I agree the econ is awful for us younger generations, but where are you getting these numbers. I live in St. louis and 2000 can get you an apartment near the ballpark with a view of downtown. 1200 a month is more the norm.

[@STIFFLER............5]

😐 live in a van. You can move your van to different parking lots or even park on the curb in suburban neighborhoods.

[@crb4059]

Building back better

[@wayfinder81]

I rmember feeling so impressed with myself for hitting $20/hr, and now it's minimum wage for some areas of business. 🤷🏻‍♂️

[@common-peasant]

the only problem i see with the earnings is the price of food and rent. not syaing the numbers are innaccurate but it shouldnt be that high. i remember doing biweekly shopping trips with a full cart of groceries for 100 bucks while growing up, now i cant walk out 2 days of groceries for less than 40 bucks

[@Splashstar216]

The most I've ever been paid working a salaried job was $15. 😢

[@Beth-x7x]

How old are you?

[@54rooroo]

I wish he would do a video like this on the military terms though.

[@LorentGuimaraes]

I think your videos are great, but I think you put too much emphasis on home ownership. Even if we own something when retired, the property taxes will be so high we will be forced to sell anyway. The house market is a terrible place to grow one's money right now, unless you are a landlord. It's a lot of work to learn to invest and/or day trade but I feel it is the only place to put one's money anymore. I made the decision I will not buy a house unless I strike big and can do so comfortably. My money goes into the markets, and what ever business I am attempting to start. Also, I don't want to plan my whole life around a g*** d**** building

[@TrEndFeVeR22]

I’m 33 years old making 19.33 an hour. I am behind in life…. Way way behind…

[@genreartwithjb5095]

I charge 50 an hour as a private oil painting instructor. People can’t pay sometimes and I get that but I’m going to be paid fairly for my time. It’s time away from my wife, time I could be running my art business etc

[@Antoine688]

On top of monthly credit card payments/ personal loans because most Americans are using credit cards each month just to stay afloat and just pay the minimum payment each month. Can you talk to that?

[@FavoriteKris]

Did I miss something? Why are you not deducting federal/state income tax in your calculations? That is always the largest bite out of my paycheck.

[@kemsprite520]

If you look at the numbers he is doing after federal taxes

[@AnthonyPerez]

That’s not even insurance for health. Lol

[@kage-the-echidna3559]

1,200$ a month for rent!? I wish that’s what I pay…I pay closer to 2k a month utilities not included and what I pay is cheaper by almost 700 compared to what other people are paying in my building. I live in Hawaii so majority of those prices you can just crank them up by a couple hundred and outside of the federal minimum wage being 7.25 if you get tips which lets be honest most places including fast food places now allow their employees to take tips going as far as pushing tip screens on the customers after completing their purchase. But the states minimum wage is 14$ an hour. So even if you are getting the states minimum wage you are still making 6$ less than what someone making in his 20$ example is you also have to deal with the same issues just at a higher cost and with less money.

[@trentDaily]

Just back a couple years ago when I graduated high school in 2018, I thought if I made 60k I’d be set up for life now I’m making a bit more then that and I’m not really living comfortably

[@edwhatshisname3562]

You're free, but also in prison, basically.

[@Nehilism]

This guy is farming you poor people by feeding you what you want to hear. Confirmation bias.

[@shadowmancer99]

Also, you keep thinking that life is going to be or should be comfortable. It CAN be, but its not a promise. If someone wants a COMFORTABLE life at some pt, they need to put in the work early, invest in the right choices and stick to a plan. Most dont. Most dont even try. It starts early with picking a useful major. Not overspending on college or trade school, or overlooking trades if college is a bad fit for you. Not over spending on wants, hell not spending on wants at all until you got a solid foundation. The reason people have a comfortable life at 40 or 50, is that they put in decades of work, maybe choose NOT to have kids, cause i belleve you can have a non zero bank account OR you can have kids...I choose cash. Yes, its good to know the realities of the market costs but its just as important to get the right mindset, expectations, and clearly understand your particular options. Again, most dont even try to think.

[@Daniel-z2j2v]

Where you live that you pay 2K for a one bedroom?

[@TrEndFeVeR22]

without my dad, i am so fucked.

[@johnmiller5747]

16 a hour…? I would love 16 a hour!

[@toddjohnson271]

DOes nothing......if you print more digits the price just goes up the same percentage.

[@douglas0828]

funny you say $20hr when livable minimum wage is now at$ 24hr bare minimum and now on it's way to $30hr just before the end of the year alone

[@fillingchicken]

I make 13 a hour

[@brandonfoster8163]

$20 hr Is the new millennials $10

[@dynamicworlds1]

*was the new $10. Now it's the new $7.50

[@dacawone]

"Bidenomics is working"

[@Dolcevita_bakes]

My daughter is making $18 an hour now and she just turned 18 I was shocked because when I was 18 we were making at Best maybe 950 an hour and I couldn’t survive on that and I worked nearly full-time. I went to school full-time and I took care of a small child full-time, but I was all someone welfare food stamps. Loans grants at college are used most of my London loans and grants to pay for my friends food. I used whatever I could to kind of balance out when I needed to get by to support my child because I didn’t get child support either, but I was convinced that I was going to get through school to college and get some sort of degree which was early childhood development at the time, they ended up with 2° and a huge loans that I have to pay back but I used them to pay for my rent because I didn’t make enough at my job so between my job my loans, my grants the food stamps welfare it was enough to get a small place to live and granted to. I lived in Napa the wine country, so it was extremely expensive to live there but I did find a one bedroom triplex. It was OK there’s nothing wonderful but I was it was enough to like get by but nowadays kids are making close to 20 an hour and getting loans in grants and living at home they’re not moving out I had no choice I had an abusive father, so I had to move. It wasn’t good for my child to be around that so I had to leave. I had to figure out a way to do it, so I did that these kids that are making this money in California still can’t afford to live on their own even though my daughter makes 18 an hour as a pet groomer at Petsmart she’s going to school college full-time. She’s still going to enroll in the phlebotomy program when it becomes available because you can make up to $35 an hour doing that at Kaiser or Sutter hospital or any hospital and then she’ll have enough to possibly survive on her own but at least she has a plan but you can’t survive in California alone on $18 an hour even right now for me, I live with my mom and my oldest daughter, and together we pay the rent and bills. I can never do it on my own.

[@JerseyMikes769]

I have no student loans and buy cars in cash. I have 950 extra a month

[@ThePolaroid669]

America is a weird place, but surely minimum wage should be $40

[@multiplesingular294]

So there is no hope. *nods* Good to know.

[@dynamicworlds1]

Sure there's hope. There's hope for us OR those at the top, just not both. Those at the top are absolutely terrified of us rising up, btw.

[@titolovely8237]

working 40 hours a week is poverty in the US. the VAST majority of people work way more than that. it's why wages can be so shit and people are still getting by.

[@kingsgold]

you can make anything look dire if you are overspending on housing. on $2750 a month, you couldnt afford 1200/month housing. That is too much housing for that income. You are looking closer to $900/month. You are basically getting a bedroom somewhere to free up $300 a month. On $30/hr, same idea. You shouldnt be spending $2k a month. absolutely no one should be spending half their income on housing. THat is bad financial planning. You cant afford more closer to what he listed for $20/hr. $1200 a month that income. Which means you have well over $1k left over each month. Enough for savings, retirement, and some extra fun money. If you took this guy's numbers, you failed at being an adult.

[@glitchy_weasel]

This! In my opinion, rent should not exceed 25% of your net take home. That should free up a healthy amount for savings.

[@dynamicworlds1]

One little problem with that: The average national rent for a 1 bedroom apartment is nearly $1800. He WAS taking a conservative estimate on housing costs.

[@ericmodernel9205]

Your correct but still a Cry Baby

[@nvr5490]

The obvious would be to breed a super human that doesn't require sleep.

[@shadowmancer99]

if it took you 6 years to get a 4 year degree and it wasnt to pay as you go....you failed. There is no reason to take 6 years to get a Bach degree. I got an Electrical Engineering degree in 4. Most majors, all but the hardest STEM degrrees, like Chem Engineering are much much easier to deal with. So ya, if it took 6 to get an english degree or a business degree, college was not for you.

[@publicenemy1238]

Sich a wildly misleading video 👎

[@youtubesucks8024]

I’m just going to sell my feet on OF

[@keckingrabbit354]

That's not easy to do. You need to fill a specific niche of foot fetihsm so that consumers have a reason to jrek it to your pictures specifcally. Reddit is a pretty good place to promote your OF, Instagram and tiktok if you're sneaky with open-toed shoes. For legal reasons this is a joke

[@dynamicworlds1]

Good luck with that. Hope you catch some whales because the rest of the population is broke and has no disposable income.