u/BagholderForLyfe

120k/year is an awkward salary for FTHB

It's just enough to give you a false sense of being well off financially. You can eat steak every day, travel, new car, etc and not break the bank. You can save 30k+ per year not counting 401k.

But this is all peanuts when trying to buy a median home. Buying a home at this salary means dumping all your savings and going forward, barely saving anything after mortgage, taxes, insurance, repairs, etc.

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u/BagholderForLyfe — 6 hours ago