I think the lifestyle is a big part of it. People who are 23 y/o think they are losing because they can't have everything they want the moment they want it. Sure, maybe our parents earned more value than we did, but most of us work soft jobs in air conditioned pods. If you actually put in some work, you can get a daily gourmet coffee by the time you are 40, all while not being eaten by a lion.
I think some people want too much. 80k, you are still taxed to around 60k. So even with 60k, you should be somewhat comfortable. I think the poverty line is 36k?
reply
Yes, it's largely an expectation that 25 y/o have - "I went to school, I got a job, now I should be able to buy a house, car, doggy daycare, 2x daily coffee, doordash every dinner, etc..."
The world is not fair.
But it is easier than ever to get to the top %.
There is no competition.
reply
Its easy to make money, but the people who make money dont save and accumulate wealth. That is the problem with the education people have. People havent been educated enough into understanding finances.
reply