In all fairness, this applies across the board. I agree with you on financial responsibility residing with the individual.
$100k in a LCOL or $300k in a HCOL is sufficient to have an emergency fund. And in the same way that layoffs in a LCOL will hurt, it hurts in HCOL as well.
I just think that the lifestyle perception that some have of people in HCOL making $300k is very inaccurate. It's not nearly as extravagant as you might think.
$100k in a LCOL or $300k in a HCOL is sufficient to have an emergency fund. And in the same way that layoffs in a LCOL will hurt, it hurts in HCOL as well.
I just think that the lifestyle perception that some have of people in HCOL making $300k is very inaccurate. It's not nearly as extravagant as you might think.