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Second that. I lived for a year in Manhattan (East Village) while working on my start-up - I had roommates, but I made well under 75k and was just fine. Was sti
by seancoughlin 15y ago
Second that. I lived for a year in Manhattan (East Village) while working on my start-up - I had roommates, but I made well under 75k and was just fine. Was still able to do all the things a 25 yr old guy wanted to do. The idea that it takes $75k+ to make it work in Manhattan is a farce perpetuated by big banks selling shitty jobs to naive grads and people who don't know how to budget/ be thrifty on message boards.
- michaelpinto 15y agoBut think about the long run: Roommates are great until you hit age 30 or so and settle down and get married and maybe have kids (no pressure here Sean!). At that point Manhattan becomes painful unless you are married into money. Now you could move out to Brooklyn or your startup can avoid older employees (which is illegal), but if you grow your company to over ten people you can hit those issues pretty quickly. Also it's a spectrum -- Manhattan on $60 can work while being in NYC on $25k is a nightmare.
- jonathanjaeger 15y agoYup. But they were talking about starting salaries on the Fog Creek thing. $75K right out of college for a young adult opens a lot of doors. But I definitely agree that being 30 with a kid, rather than 22-24, would be a lot harder on $75K.
- samstave 15y ago>Was still able to do all the things a 25 yr old guy wanted to do Yeah, at 25 its easy. When you're 37, married, two kids, etc.. My minimum required salary is well over 100K
- seancoughlin 15y agoI hear that. However, the thrust of the article and the focus of my comment is about new grads, people in going through the recruitment -> internship -> job offer cycle