A Week In Washington, DC, On A Joint $655,000 Income - Money Diary

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I had no idea there was such a thing as a family office. I actually think this level of wealth is revolting.

Why? It sounds like Op and her siblings are all productive members of society. Op is a surgeon for Pete’s sake. With the amount of wealth she has, she could have chosen a much less stressful career and one that did not involve so many years of grueling training. Also, there are different types of family offices. They may not have an entire firm like some very well known wealthy families. Based on this article, we do not know how large the family office is or their level of wealth.

So tired of this. Yet again, its mostly ONLY wealthy people who go to medical school. You cant take an unpaid internship or even a partially paid internship if you arent supported by mommy and daddy. Medical school prep, applications, interviews are all cost prohibitive. FULL STOP. Failing biochem- get a tutor. Dont have time to get groceries- pay for delivery. Dont have time to clean your clothes because you are studying- pay for laundry. Need to be close to the hospital- get an apartment so that you dont waste precious time commuting and can sleep/study more.

https://www.idealmedicalcare.org/is-medical-school-just-for-rich-kids-this-native-american-woman-says-yes/

The only people I know who went to medical school and law school were the working class and middle class. Wealthy people went to get MBAs

[Anonymous]

Anonymous wrote:I can't be the only one who thinks this isn't a lot of money. This is very standard UMC in this area...

Oh please. Also even most ppl with this income do not have massive inherited family wealth

[Anonymous]

Anonymous wrote:

Anonymous wrote:I found it interesting that the husband needs to pay off his law school debt himself given how wealthy her family is. That debt is nothing compared to her wealth.

It’s her wealth, not his. Why should she pay for it?

sad, it should be split 50/50 no matter the gender, she sounds like a piece of work

[Anonymous]

Anonymous wrote:Some pet insurance basically covers the cost of regular visits

And why would that be worth doing with a $655 HHI?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I get a gut feeling she's not white. Maybe Asian?

I don’t know - old money I wouldn’t be surprised if she’s white. If not, my guess is Indian. Does it matter?

My guess is black

I thought Indian, based on the food descriptions.

My guess is big Indian or Persian family.

[Anonymous]

She’s paying alumni sorority dues. To me (a black woman), that made she wonder if she’s black.

But very frankly? The UMC and wealthy black world is very, very small. I would know her and I can’t place a 33 (now 34, so she’s likely my class year in school) black female surgeon with a lawyer husband who comes from very, very serious family money. I know a few black man who are generationally wealthy, but no women.

[Anonymous]

Anonymous wrote:She’s paying alumni sorority dues. To me (a black woman), that made she wonder if she’s black.

But very frankly? The UMC and wealthy black world is very, very small. I would know her and I can’t place a 33 (now 34, so she’s likely my class year in school) black female surgeon with a lawyer husband who comes from very, very serious family money. I know a few black man who are generationally wealthy, but no women.

+1.

[Anonymous]

Anonymous wrote:

Anonymous wrote:She’s paying alumni sorority dues. To me (a black woman), that made she wonder if she’s black.

But very frankly? The UMC and wealthy black world is very, very small. I would know her and I can’t place a 33 (now 34, so she’s likely my class year in school) black female surgeon with a lawyer husband who comes from very, very serious family money. I know a few black man who are generationally wealthy, but no women.

+1.

I don't understand ( And, I am a black woman, too. Family is "comfortable", but not generational wealth, new - $20million) Please explain?

[Anonymous]

Anonymous wrote:

Anonymous wrote:I can't be the only one who thinks this isn't a lot of money. This is very standard UMC in this area...

Oh please. Also even most ppl with this income do not have massive inherited family wealth

Exactly. This is not an income story, it's a wealth story being spun as an income story. The inheritance from her great grandparents (meaning that a spate of other cousins likely got the same, and it's a fraction of what her parents and living grandparents still have) was enough to buy outright a 4BR townhouse that other clues in the story suggest is in Georgetown/Kalorama/West End.

Even if it were an income story, suggesting that a 650k income at age 33 is "standard UMC" is the typical and tiresome DCUM trolling.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Some pet insurance basically covers the cost of regular visits

And why would that be worth doing with a $655 HHI?

Who doesn’t like a good deal? Especially for the vet, it’s not some sort of luxury item. It’s a necessity.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She’s paying alumni sorority dues. To me (a black woman), that made she wonder if she’s black.

But very frankly? The UMC and wealthy black world is very, very small. I would know her and I can’t place a 33 (now 34, so she’s likely my class year in school) black female surgeon with a lawyer husband who comes from very, very serious family money. I know a few black man who are generationally wealthy, but no women.

+1.

I don't understand ( And, I am a black woman, too. Family is "comfortable", but not generational wealth, new - $20million) Please explain?

Black women who join black sororities (Alpha Kappa Alpha, Delta Sigma Theta) don’t see the commitment as one that ends at college graduation. They consider themselves to be active members for life and many join alumni chapters and still pay dues. I’m an AKA (notice how I used present tense) and tons of my sorors are very active in their alumni chapters.

[Anonymous]

Maybe the husband was offered help to pay his student loans but didn’t want the help. Most guys I dated would have adamantly declined the family support.

[Anonymous]

This all sounds very similar to my situation but I am in DH’s position in the story (but the DW in this case). The term family office can mean a lot of things but in our case, we are grouped with various other well off families and our funds are comingled with a lot of extended family so it is a large block and needs professional help. Our DAF is handled by the family office. We used an inheritance from a grandparent to buy our 1.5M home outright when we turned 35. The family office runs the various trusts and many things I am not privy to as not being a blood relative. But my kids will be super lucky that’s for sure! We are just lowly feds for our jobs. We donate a lot. That makes me very happy. Our family office doesn’t hire servants or book travel or anything, lol. The just handle the money.

[Anonymous]

It's so nice when you have family money!

[Anonymous]

Anonymous wrote:"K. and L. bro out about big law life"...

Pretty sure DH's assistant makes more than $120k at a big law firm...

Also is her paycheck AFTER taxes? $12,178 biweekly comes out to $292k....

515 + 120 = 635K, not 655K.

Maybe her dh worked in biglaw after law school and left to do something else - like lots of people. Maybe L is still in it and talking about it and K is saying thank G- d I left. A lot of details were likely edited out (or not included).