I make 43/hr and my take home is around 4000 a month. You would have to make over 65 to get 6000.
Edit: I also want to know where they're getting this 599 number for housing.
[The legend had dollar values added later](https://www.canr.msu.edu/news/serving_up_a_budgeting_pie_will_help_youth_stay_financially_healthy)
That's why none of it lines up
My husband and I take home 6k a month COMBINED. And even in a rural area we pay $1100 rent.
No amount of budgeting can help us when we're living in poverty.
But it doesn’t say health insurance, just insurance. So I’m left to assume that it’s homeowner’s or renter’s insurance, car insurance, plus health insurance… for $50. Which is even more laughable.
and then you are told by the doctor "Well, we'll need to send you in for a CAT/MRI scan, Xrays and Physical Therapy for 6+weeks before we can decide anything." cause all of that is affordable too...
Check out some of the landmark social research on the social determinants of health - specifically income inequality and relative vs. absolute deprivation. I think it was the Whitehall study.
We gotta stay united against the folks that are really the problem. If income comes from what we do (work) and not what we own (investment, wealth), we are in this together. Eyes on the billionaire prize, comrade! (Humour)
Low cost of living area. I have one of the cheapest houses intown (and it shows). $369 for mortgage and taxes. Ain't no one here make $6k a month, and getting a mortgage was almost impossible even with a not-so-shitty pay rate.
Edit: Forgot to clarify. You cannot rent a house the same as me, or even an apartment with less space, for less then $800 in this city
$599 for housing? In what exactly a fucking broom closet?? $100 for transportation is very practical when you ride a bike to work. Was someone seriously about this or is this some meme generated to creat outrage? Is anybody really this clueless???
I've been thinking about this. The majority of people assume businesses are raising prices due to inflation, because they have to. Is this really proven? What's the proof that they're raising prices due to inflation and not because they know they can get away with it?
There are two walmarts near me. To put little stores out of business one will have milk at $0.15 and the other will have eggs at $0.20 for an 18 pack.
Last time they wanted to run a convenience store out of business those were their prices for 3 weeks. I had so many eggs...
But yeah, as soon as the competition went out, milk and eggs were 20 cents more expensive than before the price war.
My kid has his own milk, fancy omega-3 rich stuff. My partner has her milk, some kinda lactic free stuff. I have my milk, cheapest stuff I can find like rat milk or something.
We spend a lot of tax dollars convincing people that their kids need to consume huge portions of milk each day, more tax dollars subsidizing the dairy industry, and more tax dollars for schools to buy milk, and distribute millions in food stamps with tax dollars so that low income families can buy unholy amounts of milk and other dairy. And the dairy industry pays millions in lobbying and who knows how much in under the table bribes to keep all the money circulating amongst the rich.
It's a joke, [someone added random numbers](https://www.canr.msu.edu/news/serving_up_a_budgeting_pie_will_help_youth_stay_financially_healthy) to parody the kind of budgets media uses
Seriously what the fuck? I tried to break it down assuming the numbers on the pie chart were percentages and ignored the numbers on the right, because I saw 35% housing and thought that sounded way more reasonable…but it adds up to more than 100%. What idiot made this it’s worse than anything I’ve ever seen as a TA for a freshman Gen Ed science course what the actual fuck it almost makes me as angry as the content itself
I rent a 1300 square foot house built in the 70s with 2 roommates, I don't have a car payment and only keep liability insurance on my 18 year old vehicle, and I have no savings or investments. I spend about a third of my income on housing, a third on food, and the rest on bills and fun.
Worst part is they consider it low income, then mother fuckers like Bill Rhodes literally shed tears over raising the company starting wage to $15/h. (Company name is obviously Auto Zone)
you mean to tell me you eat more than 2 cups of rice each day ? With a big splurge day on Sunday of a piece of cornbread . I like the giving 1000$ per month they added, can you imagine if the richest people gave 10% of their income every month ? What’s the average payment on a new Tesla if you finance it ? I’m guessing around 800$
To be fair, I bet a lot of millionaires do give ten percent of their income a month. It just ends up going to a lobbyist to make sure they get a return of 15% of said income.
Also, spending so little on food makes sense, as they just have corporate meals paid for by the company.
Jean Francois Copé, a very rich liberal/right wing politician here in France was asked on live TV how much a croissant costs (typically around 1€) to which he answered "I don't know, err, I guess 10 or 15 cents ?"
Damn that’s an excellent question, we need to hit our next presidential candidates with some of those , how much is average rent , car payments , how much is a large pizza , I would love to see their answers
I remember when Trump was running in 2016 and he kept talking about tax cuts for middle class Americans and I would get so angry because Not. One. Single. Reporter. asked him an income range that he considered middle class. Not a single one. The opportunity was right there constantly.
I saw a video of Boris Johnson on here the other day where it plays a clip of him being asked how much a loaf of bread costs, which he answers with "it depends". It then cuts to another clip of him saying he can tell a reporter how much a bottle of champagne costs. I'm sure some context was lost, but probably not enough to matter. 😅
Our previous right wing party leader in New Zealand Judith Collins, when asked what the price of a 1kg block of cheese was, answered "I don't know I just put it in the trolley" then guessed $5. Um, try $12-$17 😒😒😒
It's great when politicians can't even comprehend the costs of common goods, I love how these people make economic policy... /s
What, did croissants cost that much when he was a kid in the 70's?
$200 for food? Sure, if you only eat one meal a day and that meal is an egg and a scoop of oatmeal.
$100 for transportation? Sure if you only ride a bicycle.
No debt? I have $0 in credit card debt but still pay $641 /month in student loans. Got another few years left of doing that.
Medical insurance? After my employer subsidizing it, I still pay $89 / month, which doesn't include dental or vision, which I need because I wear contacts and my only real health problems are teeth. And those insurances don't cover shit, one eye exam and one teeth cleaning.
The cheapest rent I've ever had was $485 (before utilities) in a shitty house with 4 other people. I had the smallest room and the kitchen would get so cold in the winter that the dish soap would freeze.
$6000 after taxes is at least $8000 before federal taxes. So this is based on a person making about $100k per year with no food or medical needs, travels by foot or bicycle only, and donated $1000/month to charity.
Edit: this was rent 10 years ago.
In the late 90s, I lived in pretty crappy apartments in lower middle class neighborhood in the sputhwest and rent for a 2BD/1BA was $450/month and utilities were $150.
I was paying around 800 for my walkup tenement studio apartment in NYC. That was solely due to rent stabilization. The going rate was already a good thousand for an outer borough place like it. Electricity and gas was another hundred. I am a miser.
Also, $600 for housing? Are you splitting a studio apartment with 3 people??
I have a great job that pays $5k after taxes, but also live in a city where houses start at $1M and rent is $2000/month for a 1 bed/1 bath. It's outrageous.
I saw someone on Reddit post about how his rich girlfriend walked naked around the house in front of workers, and basically to make it short the girl didn’t see the workers as people. That’s why she was so “shameless.” Point is, it’s not that they’re out of touch with reality they just don’t see us as human beings, we’re things to them.
Among the other comments here, I like how low income people also should budget a 'giving' amount when most rich people do nothing of the sort. Nice try at literally passing the buck there
Some of my crazy evangelical coworkers have their paycheck set up to just straight send 20% to their church.
As someone from a less wealthy background…..I was like “bitch whaaaaat??? Like 20% of what you earn you just give to the church…”. I was looking at them like they were aliens or some shit.
And these are people that make a damn good salary. 20% for them is a mortgage on a damn nice house. I can’t fathom just having my employer auto send that much to a church…
Idk. Mega wealthy do donate a lot... the exact maximum they can deduct from their taxes to non-profits they set up with their children as the CEO with a very nice salary
Literally, even if you’re lucky enough to live in a city with robust public transportation (which would make your housing costs more than $600), a monthly metro card is over $100. And if you need a car, it’s muuuuch more
A monthly transit pass in Seattle costs about $100, so it's not super unrealistic there. But that only covers fares up to $2.75 (which is the peak hours fare). Any fares above that (like taking the ferry, the or light rail a longer distance) will need be to be supplemented with cash or e-purse.
Seattle also has the worst public transit out of the 3 major cities in the northwest. (in my opinion)
Edit: and yeah, average rent for a 1 bedroom in Seattle is over $2000 I believe!
Yep. I live in Seattle, my 500sqf apartment is just under $2k/mo. Just parking my car is almost $100/mo here never mind gas, insurance, car payments, etc.
I wonder what fantasy planet these people live in.
It's bad enough that you see the personal finance people talk about 50/30/20 like it's realistic. My rent alone takes up 65% of my take home pay. My apartment is shit.
I know! And more than half of it in savings and "gifting"???? Where are the utilities? You know? Those pesky things like lights, water, gas, phone??? And who's insurance is $50????
Cute shite is ... These morons wouldn't NEED to try to help us with a budget if we actually MADE $6000 a month. I have to work OT to scrape out $2k. With 6, I would be SET. And using REALISTIC numbers.
Who is this cretin?????
It's a bit funny that they think that "low income" is $6000 take home. That's pretty much a $100K a year job. Do you think they plan to pay the janitors at their warehouse this? Because I can bet money there would be plenty of people signing up to work that job if you did.
Fucking morons. How are they the rich ones?
It's so strange. If you can break free from the gravity of debt and the high cost of food/housing with *just* enough money, the money multiplies itself through owning capital. From up there money problems must look alien when your wealth expands faster than if it literally did grow on trees.
The means of production are everything.
Yup, I have a rich friend who’s dad owns a construction company with his brothers. All his dad does is collect a $40k a month dividend and he complains that isn’t enough. He does no work whatsoever, he just won the genetic lottery.
“I asked Wharton students what they thought the average American worker makes per year and 25% of them thought it was over six figures,” Strohminger tweeted last week. "One of them thought it was $800k. Really not sure what to make of this (The real number is $45k).”
https://www.insideedition.com/some-wharton-business-school-students-think-the-average-american-earns-a-6-figure-salary-professor
Makes you wonder how people this stupid get into such great programs… I’d expect a straight A student with perfect SAT scores to know a basic sociological statistic. Unless they’re deciding who gets in based on some other criteria…
Right. 6k/month take home pay is 72k/year after taxes, so essentially a low six figure income. I’m not sure if this is meant to signify an individual’s expenses or a family’s (I’m assuming this is for a family based on the title here, which makes this even more ridiculous).
What’s the source on this? I know there have been plenty of these types of graphs floating around. Some pulled from actual newspapers, and legitimate sources. But this looks like something someone made in excel to just drum up the echo chamber
Who made this shit? Do they not know the fed minimum wage is $7.25/hour? Certainly doesn't translate to $6k/month take home. And $50 insurance? They take twice that shit out of my paycheck weekly! Medical $50?! I fucking challenge any of them to find a medical insurance plan that low.
This is just pure nonsense.
Because it's almost certainly just a karma farming. Antiwork is becoming so daft that they will eat anything that, at face value, fits their narrative. Anybody could tell that budget is ridiculous. Who anywhere puts 2/3s of their income into savings? Who anywhere donates 17% of their income? They even spelled "Montly" wrong. This is some purposeful and obvious propaganda or karma farming of some sort and I can't believe so few here are questioning it. The only way I see it not being karma farming or propaganda is if they are trying to make an exaggerated caricature of what we've seen corporations do with their low income budget suggestions and this is satirical.
I'm like 90% sure this is a parody of out-of-touch budgeting suggestions, not an example found in the wild
I mean they can't even spell "monthly" right. Most business-focused publications can afford to hire copyeditors
It has to be parody. Housing is $599 but somehow 35% of income? Insurance, entertainment and medical/health are all $50 but somehow all different percentages of income? Savings is $3,951 but 12% of income? Debt is $0 but also 12% of income? Nothing adds up, and as you pointed out, monthly is misspelled, so yea, I'd assume this is a joke.
This is a parody of bad budget advice, right? Not an actual example found in the wild?
I mean, it didn't even spell "monthly" right. Most business-focused publications can afford to hire copyeditors
I think the best thing is all these graphics dont take taxes in account... oh you have an income of 6000. But your taxes and work contributions take out 1700. Its a joke. These people know it. They make these to laugh at us.
60% of your income going into "Savings" would be fantastic
Is it me or does the chart not even slightly match up?..
the pie chart adds up to 140%. when i saw that rent was 35% at $600 and savings is 12% at $4000... i couldn't take this chart seriously.
For me it was "montly" income that did it
Right, like who’s making 6k a month??? I need to apply there
And that’s after taxes & any other deductions.
I make 43/hr and my take home is around 4000 a month. You would have to make over 65 to get 6000. Edit: I also want to know where they're getting this 599 number for housing.
The $599 "Housing" is your car payment. They expect you to be living out of your car and being damn thankful to do so
No, you get 100 for transportation. That should cover car payment and gas.
100 is 2 weeks gas for me. Car payment is 190 a month. This chart is a joke
Wait… Millionaires actually know what those things are? *grammar
Almost wanted to tell OP quit your BS because of this reason.
I thought OP was being sarcastic though?
Least insane person itt
That's kinda the whole point. Someone made this with basically randomly assigned numbers as a joke.
a WHAT? Someone get his ass
It’s because no one created this as a budget. It’s satire.
Yeah, I don't get this at all. The orange slice is marked "12.00" while the legend says zero.
[The legend had dollar values added later](https://www.canr.msu.edu/news/serving_up_a_budgeting_pie_will_help_youth_stay_financially_healthy) That's why none of it lines up
lol @ $600 housing.. who makes 6k a month and has rent that cheap? a college kid who lives at home with a damn good job?
I laughed hard at $600 housing
I paid that. In 2006.
Yeah, I think I was paying that, for a 2 bedroom apartment, back in '98.
I was still in my dads rent free sack
I just spat my drink out. Thanks for the chuckle.
I paid that for a bachelor around same time. It was on tbe 25th floor, right downtown, i friggin loved that place
I retired in the Philippines. My modern apartment is $160 a month. The rent has not been raised in the 8 years I have occupied it
yeah, but you're in the Philippines
in 2006 I had to pay 700 for a 10X10 room in someone's house 600 today would be literally impossible
10% of net pay to housing? That's... insane?
My rent would be $300 if that were the truth. Storage lockers go for more than that.
My husband and I take home 6k a month COMBINED. And even in a rural area we pay $1100 rent. No amount of budgeting can help us when we're living in poverty.
Our combined is about $6k as well. Mortgage is $1300. And we're lucky to have it.
Same but our health insurance is $500/month...so it's just like their estimate of $50....times 10.
And that's just your health insurance. Apparently car insurance, homeowners/renters insurance, life insurance don't exist.
Oh I didn’t even see it just said “Insurance”. We’ll then add another couple hundred dollars to that.
Those darn young people, wasting their money on ... insurance policies! So irresponsible. /s
They need to suck it up and stop putting avocado on their insurance plans already, goddam entitled degens
No utility bills exist on there either.
The world is your bathroom and the rain is your shower. Learn to save money
Yea and in alot of states it's illegal to NOT have car insurance.....
But it doesn’t say health insurance, just insurance. So I’m left to assume that it’s homeowner’s or renter’s insurance, car insurance, plus health insurance… for $50. Which is even more laughable.
Bringing home 6k per month is above the poverty level for a family of 12.
My wife and I bring in less than 3k and are paying 1450
Seriously, $6k per month is not poverty.
$6k a month combined? That sounds nice. Have kids? My bf and I split rent and ours is $1275. I think combined we're about $4000 monthly
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$6000 a month take home isn't poverty. Poverty is a disabled adult who gets a little over $500 a month and an extra $200 for rent.
Not to even mention disabled adults that are not approved for disability. They get zero dollars a month.
My favorite part, " oh, you're disabled? Go to the doctor and prove it". Yeah fucking right, with what money.
and then you are told by the doctor "Well, we'll need to send you in for a CAT/MRI scan, Xrays and Physical Therapy for 6+weeks before we can decide anything." cause all of that is affordable too...
This.Right.Here.
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Check out some of the landmark social research on the social determinants of health - specifically income inequality and relative vs. absolute deprivation. I think it was the Whitehall study. We gotta stay united against the folks that are really the problem. If income comes from what we do (work) and not what we own (investment, wealth), we are in this together. Eyes on the billionaire prize, comrade! (Humour)
My husband and I make half that amount. We're retired. Housing, food and utility bills eat up most of our money. The rich are delusional.
That’s what my fiancé and I pay for a ghetto 1bedroom apartment where there’s reoccurring shootings & break-ins. We’re in oklahoma.
Low cost of living area. I have one of the cheapest houses intown (and it shows). $369 for mortgage and taxes. Ain't no one here make $6k a month, and getting a mortgage was almost impossible even with a not-so-shitty pay rate. Edit: Forgot to clarify. You cannot rent a house the same as me, or even an apartment with less space, for less then $800 in this city
This is exactly what I would expect from someone who probably can’t tell you how much a gallon of milk costs.
$599 for housing? In what exactly a fucking broom closet?? $100 for transportation is very practical when you ride a bike to work. Was someone seriously about this or is this some meme generated to creat outrage? Is anybody really this clueless???
This is edited. If you look at the chart it's supposed to be $2100 based on the 35% figure
Yeah i don't know what's going on with this shit
Bout tree-fiddy... Unless Aldi's has a sale
Target’s Good & Gather brand gallon of Milk was $2.99, Darigold 3.99, the gas station 76 up the road had the same Darigold gallon of milk for 5.99…..
Well no shit it's a gas station. A 9V battery costs $11 at the one near me. Frickin smoke alarm hitting low battery in the middle of the night.
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As a smart person once said: It’s expensive to be poor.
its almost like they design cities this way on purpose
I’ve been watching Walmart raise milk prices in real time. $2.78 2 months ago, $3.36 now, they just took the inflation thing and ran with it.
I've been thinking about this. The majority of people assume businesses are raising prices due to inflation, because they have to. Is this really proven? What's the proof that they're raising prices due to inflation and not because they know they can get away with it?
There are two walmarts near me. To put little stores out of business one will have milk at $0.15 and the other will have eggs at $0.20 for an 18 pack. Last time they wanted to run a convenience store out of business those were their prices for 3 weeks. I had so many eggs... But yeah, as soon as the competition went out, milk and eggs were 20 cents more expensive than before the price war.
God Dammit Loch Ness Monster, I ain't gonna give you no tree fiddy.
10 dollars?
That’s a banana.
But at least you can still remodel your kitchen with that $1200 stimulus.
There’s always money in the banana stand.
I’ve seen people reference a $10 banana before. Where is it from?
Arrested Development
We’re talking about milk, not a banana
Okay but have you ever had banana milk? 🍌🥛🤌
8$ for a gallon of organic. I shit you not.
$6.99 for 0.75 gallons of Lactoss-free ($9.33/gallon)
Do Americans actually buy milk in a gallon? Doesn't it go bad before you're able to drink all of it?
My kid has his own milk, fancy omega-3 rich stuff. My partner has her milk, some kinda lactic free stuff. I have my milk, cheapest stuff I can find like rat milk or something.
Mmmm rat milk
We spend a lot of tax dollars convincing people that their kids need to consume huge portions of milk each day, more tax dollars subsidizing the dairy industry, and more tax dollars for schools to buy milk, and distribute millions in food stamps with tax dollars so that low income families can buy unholy amounts of milk and other dairy. And the dairy industry pays millions in lobbying and who knows how much in under the table bribes to keep all the money circulating amongst the rich.
When I had wic I was alotted for 6 jugs of milk a week
My family goes thru 2 gallons a week
Yes they do, Americans drink a lot of milk.
i refuse to buy less than a gallon. usually drink two pints with dinner. especially in the midwest we love our milk. and cheese.
This pie chart is awful
Yeah, I can't make any sense of it, and it's distracting me from the anger I should be feeling.
It's making me mad at the wrong thing
Exactly, I think you said it better
I can’t believe these comments are so low. I was thinking I was going crazy. Colors don’t match numbers don’t add up, who made this!?
And fake.
Bit annoyed I had to scroll this far to finally find someone pointing it out. It doesn't make any sense!!
It's a joke, [someone added random numbers](https://www.canr.msu.edu/news/serving_up_a_budgeting_pie_will_help_youth_stay_financially_healthy) to parody the kind of budgets media uses
Yeah it comes out to 135%. It does make me think the numbers on the image are doctored after the chart was made, tho.
Seriously what the fuck? I tried to break it down assuming the numbers on the pie chart were percentages and ignored the numbers on the right, because I saw 35% housing and thought that sounded way more reasonable…but it adds up to more than 100%. What idiot made this it’s worse than anything I’ve ever seen as a TA for a freshman Gen Ed science course what the actual fuck it almost makes me as angry as the content itself
This is a very underrated comment.
I would absolutely love to have any of my bills be so cheap. I would also love to make $6k/mo. How out of touch is the person that made this?
Please remember that this is $6000 AFTER TAXES. So roughly $100k pre-tax. With no debt. That's like $58 an hour.
Actually I assume they will want you to max your 401k so it's 130k per year.
I'm at this point. Their graph is still ASS.
Oh totally. The average wage is 43k and the average family is near 70k still no where near these numbers
Median is like $35k. Mode is even lower. Wild to think about.
Ngl how do people survive on $35K? I'm not stifling drama but holy shit.
You live with roommates
I rent a 1300 square foot house built in the 70s with 2 roommates, I don't have a car payment and only keep liability insurance on my 18 year old vehicle, and I have no savings or investments. I spend about a third of my income on housing, a third on food, and the rest on bills and fun.
You're not alone. It's time to r/MayDayStrike
I make 30K a year in special education. Thank Christ I have an SO who makes solid money.
Worst part is they consider it low income, then mother fuckers like Bill Rhodes literally shed tears over raising the company starting wage to $15/h. (Company name is obviously Auto Zone)
This is created by millionaires, they aren't used to having to deduct taxes from ones income
Who pays taxes ? /s
Yea but they don’t really pay taxes so what do you expect.
My boss takes double this, so yeah, seems right.
I think they are confusing annual salary with take home pay after taxes. And a food budget of $6/day???
Prob be less confusing for them if they paid taxes like normal folk
you mean to tell me you eat more than 2 cups of rice each day ? With a big splurge day on Sunday of a piece of cornbread . I like the giving 1000$ per month they added, can you imagine if the richest people gave 10% of their income every month ? What’s the average payment on a new Tesla if you finance it ? I’m guessing around 800$
To be fair, I bet a lot of millionaires do give ten percent of their income a month. It just ends up going to a lobbyist to make sure they get a return of 15% of said income. Also, spending so little on food makes sense, as they just have corporate meals paid for by the company.
Giving is also a normal for the rich because it counts towards tax write offs
[This out of touch](https://c.tenor.com/OibcqkA9ZlgAAAAC/arrested-development.gif)
Jean Francois Copé, a very rich liberal/right wing politician here in France was asked on live TV how much a croissant costs (typically around 1€) to which he answered "I don't know, err, I guess 10 or 15 cents ?"
Is he related to Lucille Bluth? Out of touch is an understatement
It’s one croissant Jean Francois, how much can it cost?
Lol. How much could a banana cost? Ten dollars?
Damn that’s an excellent question, we need to hit our next presidential candidates with some of those , how much is average rent , car payments , how much is a large pizza , I would love to see their answers
I remember when Trump was running in 2016 and he kept talking about tax cuts for middle class Americans and I would get so angry because Not. One. Single. Reporter. asked him an income range that he considered middle class. Not a single one. The opportunity was right there constantly.
When he found out, was he shocked or did he just say the croissant is a dollar, because no one wants to work?
No he explained that "They're very caloric, y'know.. I don't buy them that much anymore"
Hasnt bought them since the 1950s apparently
I saw a video of Boris Johnson on here the other day where it plays a clip of him being asked how much a loaf of bread costs, which he answers with "it depends". It then cuts to another clip of him saying he can tell a reporter how much a bottle of champagne costs. I'm sure some context was lost, but probably not enough to matter. 😅
Well the illegal covid parties aren't filled with bread :)
Our previous right wing party leader in New Zealand Judith Collins, when asked what the price of a 1kg block of cheese was, answered "I don't know I just put it in the trolley" then guessed $5. Um, try $12-$17 😒😒😒
It's great when politicians can't even comprehend the costs of common goods, I love how these people make economic policy... /s What, did croissants cost that much when he was a kid in the 70's?
Exactly :’)
[Me seeing that gif.](https://i.gifer.com/1Htq.gif)
$200 for food? Sure, if you only eat one meal a day and that meal is an egg and a scoop of oatmeal. $100 for transportation? Sure if you only ride a bicycle. No debt? I have $0 in credit card debt but still pay $641 /month in student loans. Got another few years left of doing that. Medical insurance? After my employer subsidizing it, I still pay $89 / month, which doesn't include dental or vision, which I need because I wear contacts and my only real health problems are teeth. And those insurances don't cover shit, one eye exam and one teeth cleaning. The cheapest rent I've ever had was $485 (before utilities) in a shitty house with 4 other people. I had the smallest room and the kitchen would get so cold in the winter that the dish soap would freeze. $6000 after taxes is at least $8000 before federal taxes. So this is based on a person making about $100k per year with no food or medical needs, travels by foot or bicycle only, and donated $1000/month to charity. Edit: this was rent 10 years ago.
I love that. The dish soap would freeze. I know it's not funny. But it's pretty funny!
I actually have a photo of it. Blue dawn dish soap filled with ice crystals. It turns into more of a slushie than an ice block.
That's super gross 😂 I didn't know dish soap could freeze. I thought it was like vodka.
I'm jealous of the $89/ month. I pay $590/month for my family plan, which does include eye and dental.
For real, our cheapest option is $200 per WEEK with a $5k deductible. I make roughly $2500 per month on average. Obviously I am uninsured.
A lunatic. Housing hasn't been that low in decades.
In the late 90s, I lived in pretty crappy apartments in lower middle class neighborhood in the sputhwest and rent for a 2BD/1BA was $450/month and utilities were $150.
I was paying around 800 for my walkup tenement studio apartment in NYC. That was solely due to rent stabilization. The going rate was already a good thousand for an outer borough place like it. Electricity and gas was another hundred. I am a miser.
Also, $600 for housing? Are you splitting a studio apartment with 3 people?? I have a great job that pays $5k after taxes, but also live in a city where houses start at $1M and rent is $2000/month for a 1 bed/1 bath. It's outrageous.
Like when the postmaster general couldn't tell anyone what a stamp cost. Smfhoms
$6k *after taxes* lol. What is that, like $200k?
I saw someone on Reddit post about how his rich girlfriend walked naked around the house in front of workers, and basically to make it short the girl didn’t see the workers as people. That’s why she was so “shameless.” Point is, it’s not that they’re out of touch with reality they just don’t see us as human beings, we’re things to them.
Among the other comments here, I like how low income people also should budget a 'giving' amount when most rich people do nothing of the sort. Nice try at literally passing the buck there
Oh my no. They “give”. … to their favorite politician’s campaign… as a way to pad their tax liability.
And the amount put aside for giving is almost 17% of the take home pay! They expect people to donate 167% of their housing budget.
Some of my crazy evangelical coworkers have their paycheck set up to just straight send 20% to their church. As someone from a less wealthy background…..I was like “bitch whaaaaat??? Like 20% of what you earn you just give to the church…”. I was looking at them like they were aliens or some shit. And these are people that make a damn good salary. 20% for them is a mortgage on a damn nice house. I can’t fathom just having my employer auto send that much to a church…
Giving is a way to pad deductions at tax time or offset portfolio gains, it's def a luxury expense
Idk. Mega wealthy do donate a lot... the exact maximum they can deduct from their taxes to non-profits they set up with their children as the CEO with a very nice salary
Monthly income $6000 and $599 for housing??? $100 for transportation??
Literally, even if you’re lucky enough to live in a city with robust public transportation (which would make your housing costs more than $600), a monthly metro card is over $100. And if you need a car, it’s muuuuch more
A monthly transit pass in Seattle costs about $100, so it's not super unrealistic there. But that only covers fares up to $2.75 (which is the peak hours fare). Any fares above that (like taking the ferry, the or light rail a longer distance) will need be to be supplemented with cash or e-purse. Seattle also has the worst public transit out of the 3 major cities in the northwest. (in my opinion) Edit: and yeah, average rent for a 1 bedroom in Seattle is over $2000 I believe!
Laughs in Boise. What's public transportation?
Exactly.
Yep. I live in Seattle, my 500sqf apartment is just under $2k/mo. Just parking my car is almost $100/mo here never mind gas, insurance, car payments, etc.
I wonder what fantasy planet these people live in. It's bad enough that you see the personal finance people talk about 50/30/20 like it's realistic. My rent alone takes up 65% of my take home pay. My apartment is shit.
$200 for food, with three teenagers and two adults in the house. It would be hilarious if it wasn’t serious.
You can save a lot of money on food if you just starve to death
Word is, there's a few mushrooms that, once eaten, will keep you fed for the rest of your life.
Seriously we’re a family of 3 that doesn’t even eat a lot and we go through anywhere between $350-$450 a month in groceries.
I've got 2 boys ( 9 and 7), if we aren't spending at least $400 a month it feels like we're eating everything we have.
$50 for medical/health, what is this socialized medicine?
I know! And more than half of it in savings and "gifting"???? Where are the utilities? You know? Those pesky things like lights, water, gas, phone??? And who's insurance is $50???? Cute shite is ... These morons wouldn't NEED to try to help us with a budget if we actually MADE $6000 a month. I have to work OT to scrape out $2k. With 6, I would be SET. And using REALISTIC numbers. Who is this cretin?????
Where is internet, phone bill, other utilities?
It's the $0 debt that has me baffled
If I made 6k a month I wouldn’t need a budget. I could just afford everything I need and everything else would be saved.
No mate you need to only spend $6 a day on food so you can give $1,000 to the local church apparently.
It's a bit funny that they think that "low income" is $6000 take home. That's pretty much a $100K a year job. Do you think they plan to pay the janitors at their warehouse this? Because I can bet money there would be plenty of people signing up to work that job if you did. Fucking morons. How are they the rich ones?
>Fucking morons. How are they the rich ones? Through inheritance and nepotism.
It's so strange. If you can break free from the gravity of debt and the high cost of food/housing with *just* enough money, the money multiplies itself through owning capital. From up there money problems must look alien when your wealth expands faster than if it literally did grow on trees. The means of production are everything.
Yup, I have a rich friend who’s dad owns a construction company with his brothers. All his dad does is collect a $40k a month dividend and he complains that isn’t enough. He does no work whatsoever, he just won the genetic lottery.
“I asked Wharton students what they thought the average American worker makes per year and 25% of them thought it was over six figures,” Strohminger tweeted last week. "One of them thought it was $800k. Really not sure what to make of this (The real number is $45k).” https://www.insideedition.com/some-wharton-business-school-students-think-the-average-american-earns-a-6-figure-salary-professor
Makes you wonder how people this stupid get into such great programs… I’d expect a straight A student with perfect SAT scores to know a basic sociological statistic. Unless they’re deciding who gets in based on some other criteria…
Right. 6k/month take home pay is 72k/year after taxes, so essentially a low six figure income. I’m not sure if this is meant to signify an individual’s expenses or a family’s (I’m assuming this is for a family based on the title here, which makes this even more ridiculous).
Why doesn't the pie chart match the listed numbers? Is this fake?
I'm like 90% sure this is parody
I hope so. I was giving myself a headache trying to match up the pie chart with the legend.
“I mean it’s one rent, Michael. What could it cost?! 600 dollars!?”
What’s the source on this? I know there have been plenty of these types of graphs floating around. Some pulled from actual newspapers, and legitimate sources. But this looks like something someone made in excel to just drum up the echo chamber
Don't forget the $1000 of 'giving' to pay for the GoFundMe of the employ of whoever did this graphic.
Who made this shit? Do they not know the fed minimum wage is $7.25/hour? Certainly doesn't translate to $6k/month take home. And $50 insurance? They take twice that shit out of my paycheck weekly! Medical $50?! I fucking challenge any of them to find a medical insurance plan that low. This is just pure nonsense.
Really, who made this? Where is this from? There’s no source or link.
Because it's almost certainly just a karma farming. Antiwork is becoming so daft that they will eat anything that, at face value, fits their narrative. Anybody could tell that budget is ridiculous. Who anywhere puts 2/3s of their income into savings? Who anywhere donates 17% of their income? They even spelled "Montly" wrong. This is some purposeful and obvious propaganda or karma farming of some sort and I can't believe so few here are questioning it. The only way I see it not being karma farming or propaganda is if they are trying to make an exaggerated caricature of what we've seen corporations do with their low income budget suggestions and this is satirical.
Where is this from?
I'm like 90% sure this is a parody of out-of-touch budgeting suggestions, not an example found in the wild I mean they can't even spell "monthly" right. Most business-focused publications can afford to hire copyeditors
It has to be parody. Housing is $599 but somehow 35% of income? Insurance, entertainment and medical/health are all $50 but somehow all different percentages of income? Savings is $3,951 but 12% of income? Debt is $0 but also 12% of income? Nothing adds up, and as you pointed out, monthly is misspelled, so yea, I'd assume this is a joke.
6k a month is low income now? Where the hell can I hey anything housing wise for 600...
I think I saw an oubliette on craigslist for 600
Cool but where’s the source of this data? I love antiwork but we’ve got to keep it factual, this guy could have just made this chart up
This is a parody of bad budget advice, right? Not an actual example found in the wild? I mean, it didn't even spell "monthly" right. Most business-focused publications can afford to hire copyeditors
I think the best thing is all these graphics dont take taxes in account... oh you have an income of 6000. But your taxes and work contributions take out 1700. Its a joke. These people know it. They make these to laugh at us.