"I will reach the tipping point where I am able to sustain myself as an adult from posting, which is very cool. Continued growth is a foregone conclusion if I just keep grinding away." -- Karl, Sept 20, 2022.
Is the american dream dead?
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It’s over. There is only an upper and lower class, which is what happens in most third world countries, and we have imported third worlders in all forms. But the exception is in America it’s possible to go to the upper class with skill and grit, unlike in the third world
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That's the *average* car, we are not talking a lambo. Notice also that I'm not factoring in gas, repairs, scheduled maintenance, car insurance, etc. An upper middle class couple won't be spending much less than 30k with cars a year.
Non/sense. No need whatsoever to spend that much on cars. What a waste of money.
Gas is 50 bucks, at least every other week. So 2.6k a year - and that’s being conservative.
Insurance is at least 125 a month. So another 3k.
Another 2k for repairs.
Say you bring auto payments to 500 each. So a 3 year car payment on a 15k car. That’s 12k a year.
We are at 20k. So you are up 800 bucks a month to pay for clothing, food, leisure, etc of two adults.
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That's the *average* car, we are not talking a lambo. Notice also that I'm not factoring in gas, repairs, scheduled maintenance, car insurance, etc. An upper middle class couple won't be spending much less than 30k with cars a year.
Non/sense. No need whatsoever to spend that much on cars. What a waste of money.
How long has it been since you bought a car?
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Pretty easy to do that in the midwest / texas / southeast.
$300-400k house, combined income $150-200k at two relatively chill jobs.Median household income in TX is 62k.
But median was never the American dream.
I have always been taught that the american dream is that most families could afford a lifestyle like the one OP described.
To get to 300k a month, both earners have to be on the top 15-20 percent of earners. And that’s considering the whole state - if you restrict to cities where is this more common, like Austin, house prices skyrocket.
Times are tough.
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"I will reach the tipping point where I am able to sustain myself as an adult from posting, which is very cool. Continued growth is a foregone conclusion if I just keep grinding away." -- Karl, Sept 20, 2022.
It's great to hear that you're pursuing your passion and have set yourself a goal of sustaining yourself through posting. Consistency and perseverance are key to achieving any long-term goal, and it's fantastic that you're willing to put in the hard work to get there.
Remember to keep experimenting and evolving your content to keep your audience engaged and interested. Keep an eye on trends and topics that are relevant to your niche and try to incorporate them into your posts.
While growth may not always be linear, if you continue to provide value to your audience and engage with them, you're on the right track to reaching your goals. Don't forget to take breaks when necessary and prioritize self-care to avoid burnout.
I wish you all the best in your journey towards sustaining yourself as an adult through posting. Keep up the hard work!
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I have always been taught that the american dream is that most families could afford a lifestyle like the one OP described.
lol who taught you that
Of Mice and Men. I also remember an ad for the 1950s lifestyle we watched in american history. Or just my jaji talking about the life of auto workers in detroit.
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Pretty easy to do that in the midwest / texas / southeast.
$300-400k house, combined income $150-200k at two relatively chill jobs.Median household income in TX is 62k.
And even ignoring that, let's say that you each get 100k. Net income is ~140, after federal and TX property tax.
An average new car is 50k. Average. So two good cars is 100k after we take the trade in value. Let's divide it into 4 years - when you take into account interest, we are talking ~30k a year. So we are down to 110k
Mortgage is going to be ~3k a month. So around 35k a year. We are down to 75k.
Say that you save 10% for your 401k. Down to 55k.
Let's bump it to 60k just to make the math easier. We are at 60k. Brookings estimated the cost of raising a child to be around ~20k a year.
So we are pretty much done. No food, medical expenses, leisure, clothing, home renovations for the adults. And this is without the one or two yearly trips.wtf my car was 10k and feels super luxurious