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Someone posted a chart to prove that a family making $500K is just 'scraping by.' Twitter lost it.

Someone posted a chart to prove that a family making $500K is just 'scraping by.' Twitter lost it.

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How much money would you have to make for it feel like you weren't just scraping by? Would about half a million dollars a year do it? Well, think again: The economic geniuses running a website with the highly trustworthy name "Financial Samurai" did the math to prove that a family of four living in Manhattan would barely survive on $500K annually. No, really.

https://twitter.com/rubybrunton/status/845315547248123904
https://twitter.com/DJPaMCMa/status/845327354415251456

Read the (horrible) blog post if you must, but also, you can easily get the gist of its (very bad) argument by looking at the chart that appeared with it.

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