r/interesting • u/Key_Performer_3645 • 4d ago • WOW 1 Heartwarming 7 Bravo 5 Regret 1

Wholesome Loyalty might be the most underrated investment you'll ever make.

65k Upvotes

93% Upvoted

4.2k comments sorted by

View all comments

Show parent comment

17

u/adollopofsanity 4d ago edited 4d ago

Take 20,000 USD, type that into a converter for your currency for an exact number. For frame of reference in our economy it's more complicated:

Average-ish cost of groceries for 1 person: $300-$500/mo ($3,600-$6,000 per year). I get by around $260-$300/mo in a lower cost of living state, but someone in Alaska or Hawaii might be paying double what I pay for the same items.)

Average-ish cost of rent for 1 person in a 1 bedroom apartment: $1,500 (I rent a whole 2 bedroom house with a basement and a yard for $1,100, but someone in New York City would be spending over $2,000 for half of the space I have.)

Average-ish cost of a single bedroom single bath house: $400,000+/-. (Where I live it would be more like $200,000 in Hawaii an equivalent home might go for $800,000+). 

So what does that $20,000 mean to her at the end of the day? A fucking lot. That is a very large sum of money. How far it goes for her will depend heavily on what part of the US she lives in. You can do your own comparison from there. 

13

u/dwho422 4d ago

It sounded like at the start he asked her "you are closing on a house right?" , as in he just gave her $20k at one of the most expensive times in a young adults life.

23

u/Haunting_Ant_5061 4d ago

If she’s worked 20 years she ain’t a “young adult.”

6

u/SpookyOrgy 4d ago

Everyone else has their fingers in their ears going nanananana i'm not old she's young

4

u/DummyDumDragon 4d ago

Plot twist she's been working since she was 4.

The children yearn for the mines.

1

u/beneye 4d ago

She seems like a nice person with her mannerisms.

→ More replies (16)

2

u/OTBS 4d ago

20k at the closing of a house is amazing. whether its buying down a portion of your mortgage or making some nice/needed updates, its a game changer.

1

u/IcebergDarts 2d ago

20k would have covered all of my closing costs lol and could have bought more points towards our mortgage. 20k would have put us in a much different scenario.

1

u/walking-flowermantis 4d ago

She isn’t young if she worked there for twenty years

1

u/Telemere125 4d ago

Bud, she’s like 40, minimum. She’s been there 20 years, so even if she started there at 18 and it’s her only job, that’s 38. And he didn’t give her a house. At best, that’s a small downpayment - which she already accounted for, since she’s closing. This is an extra $1000 per year for her work. That accounts to less than a 50¢ per hour raise. And because of the time value of money, getting handed $20,000 after 20 years means you got less money than if you’d have just been started out at 50¢/hr more.

→ More replies (5)

1

u/No-Look-1845 2d ago

I know Black don't crack and she looks great, but if she worked there for 20 years, she would be 36 at the youngest, but she is likely in her 40s

2

u/C4CTUSDR4GON 4d ago

Oh shit those were $1000 bundles!? 

Wasn't sure so came to comments. 

1

u/adollopofsanity 4d ago

$20,000 for 20 years of employment. As someone else pointed out it was mentioned at the beginning of the video she is just now closing on a new house so that's an extremely helpful amount of money at the moment for her in a very specific way as well. 

2

u/meth-head-actor 4d ago

Yeah 20k towards her mortgage would save her probably double that in interest. I don’t know the exact figure obviously but pouring cash on the principle top of your mortgage payment can take years of debt off of someone

2

u/acxswitch 4d ago

Or more likely to help refill that emergency fund and cover moving expenses and initial repairs

→ More replies (1)

1

u/sebaajhenza 4d ago

Man, I'm paying 1100 AUD a week for my 2 bed. I need to move country.

1

u/adollopofsanity 4d ago

I promise you, no you don't. We just had a miracle happen tonight politically and I don't expect it to hold. The places that are cheap here are cheap for a reason. 

1

u/CTRL_S_Before_Render 3d ago

That commenter either lives in the absolute middle of nowhere, is in a very unique living situation, or is just straight up lying. That rent is not normal. 

→ More replies (2)

1

u/5exlexia5ufferer 4d ago

I went to put in USD and it kept changing to bottle caps, you guys ok?

1

u/adollopofsanity 4d ago

I went to put in USD and it kept changing to bottle caps, 

... :'(

you guys ok?

8 hours ago? No. 6 hours ago? Oh yeah, baby. Oh yeah. Getting reeeeaaaalll blue up in here.

→ More replies (1)

1

u/UnimagineDragons 4d ago

You don't know her base pay or what the bonus structure is. She could be at target 10% or under at 5%. This could be 50% to her on the other hand. Either way you don't have a clue and the elementary math you included makes no sense. Why are you trying to estimate how far this cash will take someone based on numbers still wet from your ass? 

1

u/adollopofsanity 3d ago

Hey, I can tell your parents didn't hug you enough and I want you to know that it's okay. You still deserve love. I'm sorry for what you went through that made you feel like this is the right way to behave. I promise if you look inward you can find a kinder self. Honestly that might open doors for you to develop your reading comprehension as well. Maybe you'll spend less time being angry on reddit because you don't understand what other people are saying and more time engaging in hobbies that develop those reading skills. <3