A personal prison can mean many things, and if low wages automatically mean precarity, then that's a type of stress that would be worthwhile to try and create a lesser draw on, imo.
For me, I'm always framing whatever I currently earn as "right now". Right now I'm doing ok, but it's fairly likely it won't last longer than 2 years, because it never has, and I have no reason to think it will this time. That means that even if a bank were to give me a long term loan, I'd be stupid to commit to anything but the most manageable terms, which means I'd have to consider what I'd be able to make in a part-time laborer position when layoffs come around or something.
If I can theoretically make myself liable for a 3.5k a month tiny condo mortgage, even if it's less than half my take home, I'd be uncomfortable doing so unless it was half that amount. Therefore, either a miracle needs to happen on the career side or the housing market needs to finally crash before my partner and I move out of this basement, no kids, used car etc.. and that's fine for now. If I lose a job, I need to have at least a year if not more of liquid or close to liquid assets available to cover living expenses, and for that to be possible, I need to have relatively minimal fixed liabilities
You’re not in the right field you say? Then you’ll be depressed from the poverty that comes from abysmal wages and the complete lack of job security.