Quote:
Originally Posted by flipper35
$3000 per year on fancy coffee may not completely solve it, but everything adds up.
Brew your own, take your lunch and in a couple years you can have an OK down payment on a starter house/condo/townhouse.
Are you saying he should just squander money because it won't make a difference on the long run?
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no, i said exactly what i said. it is insane to think that not having coffee will solve the affordable housing issue.
the median house price in the state of California is $904,000.
so, not having coffee, in 301 years he'll have enough to buy the median house.
making macro economic problem into personal finance problems helps no one.