@3jane That comment came off as snarky, but I am actually genuinely interested in hearing about the paycheck-to-paycheck period and how he relates that to his current situation. And I am fully aware my assumption could be wrong.
I really admire everyone who can at least attempt to relate to this guy's perspective, and I really appreciate him sharing it, but I could barely even get through this article. I know this guy acknowledges that he is well-off, but I'm not sure he really has a grasp on how most people live. I also wish he had talked more about this year he spent living "paycheck-to-paycheck." Right now my assumption is it is not the same as when I was living paycheck-to-paycheck and making $300/week.
@blair are you referring to unipolar depression, or bipolar? Your description sounds more like bipolar (speaking as someone with a close family member with bipolar disorder).
Well I found my social media profile pictures for the next 300 years.
@3jane I should also note that's JUST rent - utilities are not included, and range between $80 and $200 a month.
Right now, my husband and I spend 30% of our take-home income on rent. We are also currently living in the cheapest apartment we've ever had.
I use Netflix Instant and digitally rent movies from Amazon that aren't available there that I HAVE TO SEE NOW (this happens once a month at most). I check for everything on Canistream.it. Anything that's on Amazon Instant is also available to rent digitally if you don't have Amazon Instant (though TV shows are a rip off) and then some, so it's basically fine. However if you're renting more than 2 movies through them a month, just pony up for the Instant subscription (or Prime or whatever it is) because you are wasting money.
So Payless shoes are really equivalent in every way to $480 shoes, except for the price. Really.
@Michelle Consumer Reports actually ranks IKEA's memory foam mattresses higher than any others, although they are not really "cheap" (just "cheaper than Tempurpedic, which is insanely expensive").
@aetataureate I get your point. My husband and I were in a very financially difficult situation for about a year and a half (2010/2011) and did the puritan thing out of necessity (moved out of the city, cancelled smartphones, no cable, no going out, etc.) and I just remember the overwhelming feeling that if I had some money fall into my lap, I would spend it all on stuff that I wanted IMMEDIATELY. I feel like that kind of "debt starvation" leads to binging, if you will. At least for me. I'd rather do things I enjoy and accept that I will be debt-free in three years, with the extra money spent on interest that entails, instead of 6 months.