I don't understand... I live in NYC on a $130k income and am having trouble figu... | Hacker News

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whosair on Nov 28, 2017 | parent | context | favorite | on: Stanford CS007: Personal Finance For Engineers

I don't understand... I live in NYC on a $130k income and am having trouble figuring out ways to spend more than 50% of pre-tax.

What exactly are people spending on? I'd think it'd be really easy for people in tech companies to save upwards of 70% with high salaries and the performance of tech stocks.

jjkk0101 on Nov 28, 2017 [–]

Ex-New Yorker here, I've seen my single co-workers spend all their money with expensive rents, gadgets, social life and traveling.

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