The affordability crisis is having a profound impact on the lives of New Yorkers. Whether the topic is rent, food, child care or the occasional splurge on a matcha latte, the question on everyone’s mind is: How much money do you have, and how do you spend it?
Every Sunday, we’ll introduce you to a different family or individual and walk you through how they’re making it work in one of the most expensive cities on the planet — and why living in New York City feels worth it to them. This week, meet Marian and Charles Wade. Who are they? Marian Wade, a physical therapist, and her husband Charles Wade, a retired analyst, bring in about $208,000 a year, between pension, Social Security benefits and earned income. Where do they live? They own an apartment in Harlem and pay about $1,555 for monthly maintenance. How do they save?
When do they splurge?
What do they say? “We have our roots here, and our families enjoyed life here before us.”— Marian Wade To see more details about his budget and more photos, click here. What to read about money in America
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Glad we could get together here. Davaughnia Wilson contributed to New York Today. You can reach the team at nytoday@nytimes.com. Sign up here to get this newsletter in your inbox.
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