I’ve had multiple injuries at work (and a few from sports) so am unable to do my former labor-type jobs. I’m also over 65 so retraining is out of the question.
Worked minimum wage positions most of my life so have no savings and currently live in a rooming house.
There’s lots of us out here scraping the bottom of the barrel just to survive.
That really sucks, and I’m genuinely sorry you’ve had to deal with all that. $100K USD can be eaten up very quickly depending on your city’s cost of living though. I’d imagine someone making $100k USD in Manhattan would be barely scraping by as well
11k is like $5.5/h, assuming you’re working full time. It’s well below minimum wage.
That’s well below the poverty line wages. That’s dirt poor in almost any part of the country let alone Manhattan, one of the most expensive cities in the U.S.
Not really. Poverty line in New York City for two adults/two children is $43,890.
Edit: also keep in mind that New Yorkers often don’t need a car. That’s a huge yearly spending reduction.
You have it backwards. 100k in Manhattan is not wealthy, let alone insanely wealthy. 11k is insanely impoverished, even if you live in the middle of nowhere.
I was living with about 10k CAD/y for a few years when I was single and I was mostly fine.
Granted, this was in the 2010s. And of course I wasn’t in Manhattan, as you can guess by the currency.
Now, I’m making about 70k CAD with a family (sole provider) and I’m just staying afloat.