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 Molly Culver. Who is she? A 44-year-old who paid herself a salary of about $23,000 from her floral business last year, Molly Oliver Flowers. She took about $22,000 from her savings to stay afloat. Where does she live? Culver rents a room in a home in Ditmas Park, Brooklyn, for $600 a month. How does she save?
When does she splurge?
What does she say? “If the only people who can afford to pursue a dream are very wealthy, what does New York become?”— Molly Culver 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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