Comment by wizzwizz4
Comment by wizzwizz4 2 days ago
I don't want to "consume a lot more". I want to work less, and for the work I do to be valuable, and to be able to spend my remaining time on other valuable things.
Comment by wizzwizz4 2 days ago
I don't want to "consume a lot more". I want to work less, and for the work I do to be valuable, and to be able to spend my remaining time on other valuable things.
> - One can give up cell phones, headphones/earbuds, mobile phone plans, mobile data plans, tablets, ereaders, and paid apps/services. That can save $100/mo in bills and amortized hardware. These were a luxury 20 years ago.
It's not clear that it's still possible to function in society today with out a cell phone and a cell phone plan. Many things that were possible to do before without one now require it.
> - One can give up laptops, desktops, gaming consoles, internet service, and paid apps/services. That can save another $100/months in bills and amortized hardware. These were a luxury 30 years ago.
Maybe you can replace these with the cell phone + plan.
> - One can give up imported produce and year-round availability of fresh foods. Depending on your family size and eating habits, that could save almost nothing, or up to hundreds of dollars every month. This was a luxury 50 years ago.
It's not clear that imported food is cheaper than locally grown food. Also I'm not sure you have the right time frame. I'm pretty sure my parents were buying imported produce in the winter when I was a kid 50 years ago.
> - One can give up restaurant, take-out, and home pre-packaged foods. Again depending on your family size and eating habits, that could save nothing-to-hundreds every month. This was a luxury 70 years ago.
Agreed.
> - One can give up car ownership, car rentals, car insurance, car maintenance, and gasoline. In urban areas, walking and public transit are much cheaper options. In rural areas, walking, bicycling, and getting rides from shuttle services and/or friends are much cheaper options. That could save over a thousand dollars a month per 15,000 miles. This was a luxury 80 years ago.
Yes but in urban areas whatever you're saving on cars you are probably spending on higher rent and mortgage costs compared to rural areas where cars are a necessity. And if we're talking USA, many urban areas have terrible public transportation and you probably still need Uber or the equivalent some of the time, depending on just how walkable/bike-able your neighborhood is.
> rural areas where cars are a necessity
> It's not clear that it's still possible to function in society today with out a cell phone
Like I said... I've likely suggested cutting something you now consider necessary consumption. If you thought one "can't just give that up nowadays," I'm not saying you're right or wrong. I'm just hoping you acknowledge that what people consider optional consumption has changed, which means people consume a lot more.
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As an aside, I live in a rural area. The population of my county is about 17,000 and the population of its county seat is about 3,000. We're a good 40 minutes away from the city that centers the Metropolitan Statistical Area. A 1 bedroom apartment is $400/mo and a 2 bedroom apartment is $600/mo. In one month, minimum wage will be $15/hr.
Some folks here do live without a car. It is possible. They get by in exactly the ways I described (except some of the Amish/Mennonites, who also use horses). It's not preferred (except by some of the Amish/Mennonites), but one can make it work.
Century, yes.
Past 50 years...meh.
I've been alive slightly longer than that. And can't say life today is definitively better than 50 years ago in the USA.
It was the tail end of one income affording a house and groceries for a family. So to afford the same things, for many families requires almost double the labor.
A lot of new medical treatments, less smoking and drinking, overall longer life spans. But more recently increases to longevity have plateaued, and an epic of obesity has mitigated a lot of the health care improvements. And the astronomical increases in health care costs means improvements to health care capabilities are not available to a lot of people, at least not without greatly reducing their standard of living elsewhere.
College and university costs have grown exponentially, with no discernible increase in the quality of learning.
Housing prices far outpacing inflation of other goods and services.
Fewer intact families, less in person interactions, and the heroin like addictiveness of screens, have ushered in an epidemic of mental illness that might be unprecedented.
Now AI scaring the shit out of everyone, that no matter how hard you study, how disciplined and responsible you are, there's a good chance you will not be gainfully employed.
I frankly think the quality of life in the world I grew up in is better than the one my kids have today.
> on a surprisingly small salary
But if we take "surprisingly small salary" to literally mean salary, most (... all?) salaried jobs require you to work full time, 40 hours a week. Unless we consider cushy remote tech jobs, but those are an odd case and likely to go away if we assume AI is taking over there.
Part time / hourly work is largely less skilled and much lower paid, and you'll want to take all the hours you can get to be able to afford outright necessities like rent. (Unless you're considering rent as consumption/luxury, which is fair)
It does seem like there's a gap in terms of skilled/highly paid but hourly/part time work.
(Not disagreeing with the rest of your post though)
I've given up pretty much all of that out of necessity, yes. Insurance and rent still goes up so I'm spending almost as much as I was at my peak, though.
>I'm just hoping you acknowledge that what people consider optional consumption has changed, which means people consume a lot more.
Of course it's changed. The point is that
1. the necessities haven't changed and have gotten more expensive. People need healthcare, housing, food, and tranport. All up.
2. the modern day expectations means necessities change. We can't walk into a business and shake someone's hand to get a job, so you "need" access to the internet to get a job. Recruiters also expect a consistent phone number to call so good luck skipping a phone line (maybe VOIP can get around this).
These are society's fault as they shifted to pleasing shareholders and outsourcing entire industries (and of course submitted to lobbying). so I don't like this blame being shifted to the individual for daring to consume to survive.
Voting in people who can actually recognize the problem and make sure corporationa cant ship all of America's labor overseas. Blaming ourselves for society's woes only pushes the burden further on the people, instead of having them collectively gather and push back against those at fault.
I suppose so, but that takes decades of change. I don't see any solution right now though which is what matters to many.
As an aside, every thread I see here has a comment by you lol, that's some good effort but maybe take a break from such strenuous commenting, I say this sincerely as I also used to get into all these back and forths on HN and then realized, much of the time, it's a waste of my own time.
You aren't wrong and I agree up to a point. But I've watched a couple of people try to get by on just "cutting" rather than growing their incomes and it doesn't work out for them. A former neighbor was a real Dave Ramsey acolyte and even did things like not have trash service (used dumpsters and threw trash out at his mother's house). His driveway was crumbling but instead of getting new asphalt he just dug it all up himself and dumped it...somewhere, and then filled it in with gravel. He drives junker cars that are always breaking down. I helped him replace a timing chain on a Chrysler convertible that wasn't in awful shape, but the repairs were getting intense. This guy had an average job at a replacement window company but had zero upward mobility. He was and I assume is, happy enough, with a roof over his head and so forth, but our property taxes keep rising, insurance costs keep rising, there's only so much you can cut. My take is that you have to find more income and being looked upon as "tight with a buck" or even "cheap" is unfavorable.
Ouch! Man this is a terrible take on the world. I know you mean well and that the majority of the world agrees with this, but to be honest, I have been having real thoughts about letting the make it till you break it mentality go myself. things are getting more expensive and I dont think im willing to live a life running from paycheck to paycheck... Not sure why I am going to do about it, but I know that feeling is there.
> or stayed flat
But that's not what they said, they said they want to work less. As the GP post said, they'd still be working a full week.
I do think this is an interesting point. The trend for most of history seems to have been vastly increasing consumption/luxury while work hours somewhat decrease. But have we reached the point where that's not what people want? I'd wager most people in rich developed countries don't particularly want more clothes, gadgets, cars, or fast food. If they can get the current typical middle class share of those things (which to be fair is a big share, and not environmentally sustainable), along with a modest place to live, they (we) mainly want to work less.
>If you want to live in a high cost of living area, that's a form of consumption.
Not really a "want" as much as "move where the jobs are". Remote jobs are shakey now and being in the middle of nowhere only worsens your compensation aspects. Being able to live wherever you please is indeed a luxury. The suburb structure already sacrificed the aspect of high CoL for increase commute time to work.
I also do think that dismissing aspects of humanity like family, community and sense of purpose to "luxuries" is an extremely dangerous line of thinking.
In most places (SF may be somewhat of an exception in terms of relatively unaffordable housing in both the city and any accessible suburbs) 30-60 minute commutes are pretty normal. At least a lot of the companies are probably in the suburbs/exurbs anyway. I'm not suggesting living in the middle of nowhere but, in a lot of places, urban vs. exurban living is a choice especially with companies that are often exurban.
Save up and then FIRE; retire early by moving to a lower cost of living area.
At the job you work currently? Or if you're unemployed, then this advice doesn't work of course.
Well I got work but the pay is minimal and supplemented by what freelance gigs I can grab. Not much to save per paycheck.
I think FIRE was basically just a fad for awhile. I say this as a 52 year old "retiree" who isn't working right now and living off investment income. It takes a shitload of wealth to not have to work and I'm borderline not real comfortable with the whole situation. I live in a fairly HCoL area and can't up and move right now (wife has medical needs, son in high school, daughter in college). I'd be freaking out if I didn't have a nest egg, we would be trying to sell our house in a crap market. As it stands, I don't really want to go on like I am, my life is a total waste right now.
It's not a "fad," it's a mathematical observation that investing more generates more returns. Maybe the media was covering it more at some point but the concept itself is sound. You are in fact FIREd by the same definition, it's just that in your case it seems you would need more money than you have currently due to the factors you stated, but that's not the fault of the concept of FIRE in general. And anyway, there are lots of stories of people doing regular or leanFIRE too, it doesn't require so much wealth as to be unreachable if you have a middle class job. For example, https://www.reddit.com/r/leanfire/s/67adPxZeDU
If you think your life is a waste right now, do something with it. That's actually the number one thing people don't expect from being retired, how bored they get. They say in FIRE communities that all the money and time in the world won't help if you don't actually utilize it.
you can consume as much as an average person from 1950's by working just a few days a week.
You can consume a lot less on a surprisingly small salary, at least in the U.S.
But it requires giving up things a lot of people don't want to, because consuming less once you are used to consuming more sucks. Here is a list of things people can cut from their life that are part of the "consumption has gone up" and "new categories of consumption were opened" that ovi256 was talking about:
- One can give up cell phones, headphones/earbuds, mobile phone plans, mobile data plans, tablets, ereaders, and paid apps/services. That can save $100/mo in bills and amortized hardware. These were a luxury 20 years ago.
- One can give up laptops, desktops, gaming consoles, internet service, and paid apps/services. That can save another $100/months in bills and amortized hardware. These were a luxury 30 years ago.
- One can give up imported produce and year-round availability of fresh foods. Depending on your family size and eating habits, that could save almost nothing, or up to hundreds of dollars every month. This was a luxury 50 years ago.
- One can give up restaurant, take-out, and home pre-packaged foods. Again depending on your family size and eating habits, that could save nothing-to-hundreds every month. This was a luxury 70 years ago.
- One can give up car ownership, car rentals, car insurance, car maintenance, and gasoline. In urban areas, walking and public transit are much cheaper options. In rural areas, walking, bicycling, and getting rides from shuttle services and/or friends are much cheaper options. That could save over a thousand dollars a month per 15,000 miles. This was a luxury 80 years ago.
I could keep going, but by this point I've likely suggested cutting something you now consider necessary consumption. If you thought one "can't just give that up nowadays," I'm not saying you're right or wrong. I'm just hoping you acknowledge that what people consider optional consumption has changed, which means people consume a lot more.