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TopicChildhood is thinking making $5,596 a month is a lot
Giant_Aspirin
02/10/18 10:48:44 AM
#169:


FLUFFYGERM posted...
You can certainly thrive on 100k per year, even within the first year. But you'll likely have credit card debt or student loans to pay off, and you'll have some investing you'll need to do in order to have an emergency fund and any retirement fund.


when i first graduated college my starting salary was $47k and I lived by myself. I had zero debt during that entire time until I took out a loan for a car. i was also able to save 10% of salary (pre-tax) for my 401k while maxing out my Roth IRA.

my life is a direct counter-example to your claim.

edit: disclaimer that i was fortunate enough to not have student loan debt to pay off, which definitely enabled me to do this
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