51–60 of 219 posts
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
For one sibling, I'm the safety net when crises happen that they can't afford. E.g. can't come up with their car insurance deductible, water heater broke, etc. They don't ask but I always offer when it's clear that a small outlay would spare a huge amount of stress for everyone. Because what am I going to do, let these very minor issues send their financial life spiraling out of control? Of course not.
Other sibling is more financially responsible and trying to work through college part-time. I'm paying the car payment and car insurance while they go because I am 100% on board with this self-improvement plan. I proposed this because these expenses were keeping them from enrolling and I think it's in my own financial interest to invest in broadening the base of financial stability in my family.
Other context: My dad has a decent job (government job paying ~$80k/yr in small town America) but mom is a lunatic when it comes to money so they have nothing saved. Her idea of being able to afford something is being able to afford the payments. So far I haven't had to bail them out but only because my dad is too proud to ask and would rather go to his mother whenever there is a budget crunch.
Edit to add: I see lots of people saying things along the lines of "keep money and family separate". That is a very privileged attitude. It's very hard to enjoy money when people you love are going through hardships that would be solved by an infusion of cash. Obviously it's important not to give more than you can afford but you would be surprised by the number of people in tech who are sending money home in one way or another.
>There is one important caveat to keep in mind when thinking about our dataset. The SSA numbers include any wage earners whatsoever, even part-time workers like students and teenagers. not leading with this feels like poor reporting
Median salary: USD 34270.
Earlier quoted context omitted.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
Don’t you think they migh become codependent? I’d lead them in the right direction, give them advice, etc., but not subsidize, unless they are truly out in the streets. I can see if it’s your little brother or little sister and helping out with some tuition though. Also hand-me-downs are okay.
I really don't like your implication that it's just "their fault" if they're worse off than you. In a system that is designed to exploit "low skilled" labor.
"Codependent" is a really weird choice of word too.
I feel this a lot in my own family. I’m in tech at a fairly privileged BigCo. Siblings work retail gigs for a small fraction of what I bring home. I’ve had raises and bonuses equal to what one of my siblings makes in a year.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
> 48% of wager earners had net compensation less than or equal to the median wage I'm surprised. I expected that 50% of wage earners would make less or equal to the median wage. If for no other reason than the definition of median.
If you're going to be this pedantic, 50 is greater than 48. They're not wrong.
Earlier quoted context omitted.
Out of curiosity, do you subsidize your siblings? I'm going to be in the same situation and I'm not sure what I'm going to end up doing but I think I'm going to end up doing it.
Don’t you think they migh become codependent? I’d lead them in the right direction, give them advice, etc., but not subsidize, unless they are truly out in the streets. I can see if it’s your little brother or little sister and helping out with some tuition though. Also hand-me-downs are okay.
Yes they might become codependent, but if you look at the situation realistically there's not a lot they can do to change the situation. Being there as a safety net can take a lot of mental pressure off of them.
30k is very low. If your company offers 6 holidays per year, that equals out to $14.71 per hour. That's below minimum wage in New York City right now.
see, anyone can make a sensationalist, obvious straw man.