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I'd share a two bedroom apartment with three other people

Yes, but would your wife and two teenage children? People who usually get caught in such traps usually aren't twenty somethings who can get by on nothing.



Though if you're not twenty-something you have even less excuse for not having savings.

If you're twenty-something you should have tens of thousands in savings. If you're forty-something you should have hundreds of thousands in savings.




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