Depends where. Which is the whole issue. For the US average wage, yes. For non US people no. I agree that it’s a matter of priorities. But it’s also a matter of earnings minus costs. Both of which depend a lot on where you live.
A lot of people certainly could save a lot more. But usually at the cost of quality of life. You could say that they should work a job that pays more, or live somewhere where there is a lower cost of living, but both of those can be hard.
I’m not saying you’re wrong that it’s doable. The problem is that the feasibility is highly dependent on your circumstances (same as e.g. having an electric car or whatever), which can make it very hard for people who aren’t in affluent places.
$100 per month of savings is incredibly low for average earnings. About 2%. It’s a matter of priorities.
Depends where. Which is the whole issue. For the US average wage, yes. For non US people no. I agree that it’s a matter of priorities. But it’s also a matter of earnings minus costs. Both of which depend a lot on where you live.
A lot of people certainly could save a lot more. But usually at the cost of quality of life. You could say that they should work a job that pays more, or live somewhere where there is a lower cost of living, but both of those can be hard.
I’m not saying you’re wrong that it’s doable. The problem is that the feasibility is highly dependent on your circumstances (same as e.g. having an electric car or whatever), which can make it very hard for people who aren’t in affluent places.