Not just financially, also mentally and emotionally!
I’m not, have a pretty high double income. But, a lot of my friends are. I’m starting to notice things getting more expensive, but I was pissed off before that.
I don’t have to be struggling myself to be upset at how things are going. I guess not everybody is like that.
Oh, come, everyone. Come see the Moral Man who was so Righteous and Moral that he spent half his response on telling us all how Virtuous he is, and indeed already was, before it was even cool.
/s
My situation exactly. I get pissed off thinking about how unaffordable everything is for the majority of people right now.
I have been rather fortunate, and well paid (~$120K after taxes and savings). Even 3 years ago, I didn’t have to think about money day to day. I was brought up with a very modest lifestyle, so the things that feel extravagent to me were affordable in that context.
Today my wife and I eat out less, shop for groceries differently, and plan things that used to be a small purchase more carefully. It’s not a struggle in the important senses, but I have a clear feeling of “it’s going to get worse”, and I want to make lifestyle adjustments ahead of that rather than falling behind it.
Struggling?
No.
Drowning, yes.
the finances I have to manage are a 12 pound bass hanging off 4 pound line.
I’ve been unemployed since 04-2025, and while I still have a long way to go, my savings are starting to dwindle. The job market is tough for coders that find generative AI, wasteful, unethical, and a copyright hazard, in addition to not being much impressed with the output, even from tests earlier this year. I wonder if the new convenience store needs people.
21 years?
I read that as April 2025, ~17 months ago
04-2025=-2021
2026-(-2021)=4047 years
April 2025. It’s the longest I’ve been unemployed since my first job out of college.
Everyone except the already very wealthy yes.
Elect Republicans, get republican policies.
The country still hadnt really recovered from Reagan, then we got Bush, then we got Trump.
Obama and Biden could only do so much to stop the dumpster fire, and Nazis are famously bad for the economy.
the question wasnt specifically about the USA, but yes
Everyone except the already very wealthy
I think that’s not quite right. I think there is a (now approaching vanishingly small middle class) which goes from like top 10% but less than 2% or 3% earners who are still doing ok. This is the household income at like 175k to probably… Idk 300k?
Compared to 40k/yr yeah that’s very wealthy, but compared to 600k+ it definitely isn’t.
My main point being that “very wealthy” is very VERY relative.
As someone making a household income of 200k, pre COVID was wonderful, actually didn’t have to worry about even thinking about money, now though, shit is getting thin… if it’s that way for me I feel horrible for everyone else less well off. Really is a shit show when 6 figures can’t secure you from having to go paycheck to paycheck.
I mean yeah by the time you’ve got 36k (or more) for mortgage, 35k for daycare, if 200k pre tax and married 30k to the fed, 20k groceries now probably, 10k for car payments (presuming 2), then state and property taxes, insurance, maintenance, clothes, diapers maybe, benefits, gas (probably idk we went electric), yeah I could see how that money goes fast.
It’s definitely first world problems because it beats renting and 3 jobs and grandma watches the kids, but to do all the things you’re “supposed to do” by 1950s standards you probably need something north of 250k/yr.
Yeah I’m lucky that my kids are full grown though they both still live with me because the job market is ass and my oldest is low functioning, and my wife is disabled, so still taking care of all 4 of us off my paycheck and my wife’s disability, I’m going electric next year probably(if my work bonus comes through) though I’ll still have to buy my youngest’s gas for his trips to college etc. really hoping things make a change for the better, else I’ll probably never retire, and I’ll still be housing my kids until they inherit the place.
even something as simple as owning your house makes finances so much easier.
Everyone except the already very wealthy yes.
That’s not true
EDIT: The downvotes for these three words, which are objectively correct, are so stereotypically Lemmy 😆. These people are addicted to ruminating in misplaced hopelessness
Everytime i manage to save a few thousand and think im adding to my savings, suddenly we need a root canal, i blow a tire, doctor wants an MRI because he felt something odd… and poof, all my savings are gone.
I literally refuse to look at our bank balance. The moment I look and think “oh, that’s better than I expected” then the AC dies, or our roof starts leaking and needs replacement, or some other bullshit happens to consume every last penny we have.
I always thought i was 2 paychecks away from being homeless.
Now im also worried about the C level morons saying AI can do my job and let me go. They already require everyone use AI to gen code. Eventually, they will expect AI to architect the product too.
On the plus side, I have been in the biz long enough to have heard the “developers are a thing of the past” speech often enough to realize it’s bullshit. Unfortunately, I have also been around long enough to know that the idiots in the C suite will use any excuses to cut people loose if they think it can get them even $1 more on their next bonus. I also have never ever seen a dev let go because something came along that made them more efficient, quicker, and able to do more work in the same amount of time. What happens instead is that the already “overly optimistic” time lines get even shorter and more unrealistic.
The short of it is, if they let you go, it wasn’t because of AI, it’s something that they were planning on doing anyway.I know that doesn’t really help the anxiety, but understanding that can change how you react. For instance, rather than being upset with being forced to use AI. Lean into it. Learn what it can do and what it can’t. Fucking abuse the credits that they are paying for. When you run out, ask to be moved up to the next AI tier/usage allowance, and then do it all over again. Do shit like running 2 AIs on the same job and seeing who gets closer. Set up tests that have AI run these comparisons for you. Have AIs run subagents that rubber duck, review, test, verify, ect., the entire work ticket from end to end. Work on augmenting those skills that AI fails at, and add AI expert to your resume (because that is the next bullshit thing that companies will expect on resumes). But the big difference between you and everyone else will be that you have some real insight and experience to talk about with confidence.
And if your learning curve happens to cost them so much $$ that the AI vs employee cost difference begins to rapidly shrink, well that’s not really a bad thing for you either.
Is it great? No, but I’m above water and not having to cut back. Couldn’t afford kids though
The trick is, if you have them you just have to afford them :/.
Meh. Close but annoyed more than anything but I fully admit I am an outlier making > $200k CAD a year.
I feel for everyone who is struggling and I’m sure to always tell my kids they have more in common with the homeless man in the park than they do with Elon Musk.
Cost of life is a huge factor, I live in Italy, our paychecks are very thin but, especially in the southern regions, cost of life is relatively, especially if you don’t have to travel too far for work.
I’m able to save a few hundred euros per month (my paycheck is a net of about 1700€).
Paycheck to paycheck gang with very little if anything goes wrong
Well, tomorrow my bank account will be down to about 10$ due to the credit payment, and because I just went to another city to get diagnosed and prescribed meds. Then I will have to spend it and go into the negative soon, on top of the credit I’m paying off. My pay also just does not accumulate, it is too low to accumulate by a significant amount. I might pay off the debt in 5.5 years.
I think I got 80 years for how long I’d take me to retire with how much I was saving before.
I’m not struggling, but I’m not that far off considering the salary I’m paid. I should be doing very well, but instead, I’m merely managing. I’m grateful for that, but also I know if I’m scraping by, how the fuck is everyone else doing…?
And 10-20 years ago a licensed RN working for a university hospital would’ve been solid enough to afford an apartment in that city while the hospital paid for the bachelor’s. That’s… getting less doable. And I don’t want them paying for the bachelor’s in case the boss starts telling me I gotta do sketchy shit and I have to jump ship suddenly. Let’s not even get into how a CNA is considered a “starter job” for a student of some higher paid healthcare position instead of it’s own perfectly respectable career that’s vital to the safe functioning of a decent hospital and as such has always deserved a wage that can feed kids.
Not struggling perse but yeah shit has gone up way more than my pay check. Paying double for groceries what I did a few years ago, paying 50% more for gas than I did a year ago electricity doubled. Pay went up a few percent…
Have been all my life.
