@quintessence
I can confirm. Tuition at a State University in 1969 was $212 per semester. I budgeted $50-100 for books. Groceries were $15 per week. First shared apartment rent was $37.50 per month. I worked construction and saved all summer, worked on campus and in an architect's office during the school year. Dad paid my tuition. Six closely spaced kids in the family, so money was tight.
@quintessence Yes, very much so. Because if you skip $10/day that would be $3650/year, so three years of "tightening your belt" is a 20% down payment + closing costs. Especially if you can actually give up that $10/day and not swap it for merely an $8/day expense
I caught my mother on this awhile back, because she still has a frame in her mind of what money was worth in the 1990s
Though I'd be remiss if I didn't mention that there's another piece as well that Marx pointed out in 1844:
my “ah ha” moment was a couple years ago when a family member was saying this stuff to me I challenged her and we did the numbers and math together. She never gave me this advice again.
We regularly went out for coffee together for a bit after. lol.
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