I will never, ever in my lifetime have as much financial freedom as my American peers with whom I grew up
Yes and no. You won’t be able to afford to buy as much stuff but you can start a small business much more easily or work part time or do consulting or contract work and keep your health insurance. I’m in the US now making into the 6-figures but I have no flexibility at all. it’s work 40hrs a week 48 weeks a year or bust. And then I see people going bankrupt anyway after an illness and I wonder why bother?
Also the cost of living has gone insane in the last three years. If you left before 2019 it’s hard to understand how completely insane it is here now. And its everywhere, even formerly lcol areas are nuts.
Many many Americans spend $3-5k a month on health insurance, childcare and student loans before even addressing the traditional costs like housing, food or utilities. It’s a CRAZY amount.
Yes and no. You won’t be able to afford to buy as much stuff but you can start a small business much more easily or work part time or do consulting or contract work and keep your health insurance. I’m in the US now making into the 6-figures but I have no flexibility at all. it’s work 40hrs a week 48 weeks a year or bust. And then I see people going bankrupt anyway after an illness and I wonder why bother?
Also the cost of living has gone insane in the last three years. If you left before 2019 it’s hard to understand how completely insane it is here now. And its everywhere, even formerly lcol areas are nuts.
Many many Americans spend $3-5k a month on health insurance, childcare and student loans before even addressing the traditional costs like housing, food or utilities. It’s a CRAZY amount.