Quote:
Originally Posted by Henry17
I deleted what I wrote. Then got a PM asking for it. Wrote a ****ty rushed version of it because I had to be somewhere at 6pm. Don't like the rushed version and not sure if I feel like putting the effort into writing a good version.
It was one of two things. The second one though is the reason I can't write the TR because it is fairly identifying
The guy I have been talking about was a student. He worked at the same time as going to school. His spending was close to what I quoted. Likely 20-25% less and yes it is hard but he had savings from working and having no life before and his spending to income level was unacceptable by any financial planners opinion but he managed to do it.
People under estimate how easy it is to make money if you just work hard. Take the number of hours a typical guy spends playing video games or watching TV and multiply it by $14.
I guess it depends a lot on workload/classes, but I'm doing engineering as well as running a fairly time consuming student group and doing research (some money but like 3k a semester total).
If you had a light workload I could imagine being able to do that but in my experience piling a standard job on top of what I already do would just make me burn out. I've already started to feel it this summer working on 3 research project (some lighter than others)+student group has just sapped all motivation/energy from me.
It may be worse in engineering because the burn out factor is so high but I can't imagine trying to work close to full time and do all the **** I'll have to do next year. I understand I'm not a standard case but you can see how time can be taken up by things other than watching tv/video games for someone in college.
Also $14/hour*40hours*4weeks=$2240 a month, still would be cutting it close, especially if you need to pay for things like rent or food.
Again, clearly his situation was somewhat unique, just saying that there are plenty of kids, likely the majority, for whom this is just no feasible to do under any circumstance.