no, that is assuming someone had 4K disposable income after a 2k mortgage, is more than enough to live on, for a family of 4 with a couple earning 45k each
my expenses are a fair bit less than 4K after mortgage as my wife and I don’t really buy things at all. Just some travelling when we can
I’m not saying you can’t live on 90 per year, I’m saying less starts to have an impact on your living.
I have kids in sports that cost me a solid $1000 per month. Our grocery bill is $1000 per month. Insurance. Child care for those with younger kids. Save 10% for retirement. Save for college and kids weddings. Cars. I think you can burn though $4000 -6000 per month easy after paying rent/mortgage. I’m not saying you can’t have a nice life on 90 per year. I’m saying you can’t just go do what ever you want at any time. And to me, if I can’t have my own freedom due to financial restraints, then I don’t call that a good wage.