alt Hacker NewsFor what it's worth, when I was 24 I was only really focused on my career and didn't really have much of a social life. It wasn't until my late 20s and 30s that I started being able to comfortably afford drinks with coworkers after work, travel, etc.
A $2200/mo mortgage on a $65k salary does indeed sound like a stretch. But even having a mortgage at all at 24 is pretty impressive, and he's probably still a ways off from his peak earning potential. Then he might have a bit more income for discretional spending.
In short - yeah it's a grind, but it sounds like he's making responsible decisions and hopefully they will start to pay dividends in another 5-10 years. And your 20s is when you are most able to grind it out - before kids (if that's something you want) start demanding a huge chunk of your time and energy, and before work starts to feel like a slog after you've been at it for 20 years.
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Yeah, I agree, but it makes me think of my 20s when I was paying $275 for rent with one roommate, working part time and easily making it work. I worked nights chucking boxes in a warehouse and was able to take a vacation to Jamaica. This guy is a sysadmin, helping to keep a billion dollar company online and can't afford to go to Florida for a few days. It's a raw deal and I hate it for this generation.
> But even having a mortgage at all at 24 is pretty impressive...
Impressive in what way?
> ...and he's probably still a ways off from his peak earning potential.
That's an assumption, but even if it's probably true, to what end? The issue most working Americans face is that the cost of living rises faster than their wages.
> Then he might have a bit more income for discretional spending.
So...earn more so that you can spend more. This, in a nutshell, is the insanity of America's consumer culture.
> In short - yeah it's a grind, but it sounds like he's making responsible decisions and hopefully they will start to pay dividends in another 5-10 years.
Young people who are fortunate enough to be in a position to make "responsible decisions" should obviously do so (within reason) but this "grind for the future" mindset is also part of the insanity of American culture.
There are places in this world where people in their 20s can enjoy their youth without having to worry that doing so could doom them to financial distress for the rest of their lives.