this post was submitted on 15 May 2025
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Work Reform

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A place to discuss positive changes that can make work more equitable, and to vent about current practices. We are NOT against work; we just want the fruits of our labor to be recognized better.

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[–] ne0phyte@feddit.org 12 points 2 months ago (11 children)

What I don't understand: He writes about 21 years of experience and having made 150k/year. Where is all that money? How can you make 150k and work for two decades and not have any savings/investments to stay afloat even if that means moving to a more remote and cheaper area?

[–] AA5B@lemmy.world 8 points 2 months ago* (last edited 2 months ago) (3 children)

I don’t know, it just goes out faster than it comes in, no matter what you earn. I think it’s usually an accumulation of decisions, not a single poor choice.

However there’s also high cost of living areas. I’m sure $150k seems like a lot to most people, but around here it would be a struggle to buy even a starter home if that’s all you earned. And renting can easily be more per month than a mortgage so you’re never getting ahead

Then there’s college. Not only does FAFSA no longer account for multiple kids, but they assume you use all your savings and get loans. One college asked me to reverse mortgage my house, rather than help with financial aid

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