This problem is RAMPANT in the DCUM crowd
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Anonymous
$300K a year is alot of money even in DC. If you can't see that, you are seriously living in a bubble. |
Anonymous
| Wow that was a bad article |
Anonymous
| I’m embarrassed for the writer and disgusted with the magazine that published it. It does not reflect well on the magazine or Yale. |
Anonymous
It’s more than double our double income. It’s not wealthy level, but it should be pretty damn comfortable if you have common sense and modest expenses. There should be enough to own a home, pay off any school debt, and invest with that income. Certainly enough to have a family. |
Anonymous
If you are living in one room, don’t have kids, or school debts, medical issues or any other expenses it’s a lot. With kids and those other it’s UMC in DC if that. |
Anonymous
$300k is UMC, not poor in DC. $600k house in good neighborhood in MoCo - paid off. Student loans paid off. Savings and retirement going. About to put 2nd of 3 kids into college (full pay, unfortunately - UMD encouraged.) If you can't make $300k work, you are trying to pretend you are richer than you are, or have seriously no money sense. |
Anonymous
There’s a difference between “making it work,” having a house, etc and being “rich.” I think the first PP who said 300k in DC isn’t much meant that 300k doesn’t make you rich. Nobody is saying it isn’t possible to live comfortably on that income. |
Anonymous
Some people around here really do live in a bubble - hopefully you realize that very few people in this country or region are upper Middle class - maybe 3-4% of the population? We have a HHI of about 200K and live in a desirable close-in neighborhood in a nice house with pretty high housing prices and are doing just fine - our kids do all the activities, we max out our retirement savings and save a pretty good amount every year in their 529's and usually take 2 nice out of town trips per year. Sure we drive a 10 year old car and have to stick to a budget and don't eat out too much nor do we do an expensive vacation in Vail or the USVI but we are doing just fine on way less than 300K and consider ourselves to be very fortunate. |
Anonymous
There are studies about how ultrawealthy people are discontent because they compare themselves with billionaires. If you can't see the privilege that $300K buys you, you're doing something very wrong with your lifestyle choices. |
Anonymous
| Harvard-Westlake isn’t in Beverly Hills. |
Anonymous
that's your only comment? 
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Anonymous
You are wrong. It is a lot of money. Just because it doesn't buy you as much as you would like it to, it is still a lot of money. And you can buy quite a lot if you are willing to leave the most desirable locales. So, just because it doesn't buy you the house you want in the best part of town, does not mean it isn't a lot of money. |
Anonymous
No, no it’s not. Unless you make that and live out in PG or commute from Clarksburg which would mean never seeing your family. Teach your kid ‘realness’? What?? How old are you? You seem really dumb and clueless - but not afraid to try to advise others.
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Anonymous
It buys you a small, dumpy house in a suburb that is close to the city so that you can actually spend time with your kids and spouse. It buys you options but it doesn’t mean that you are rich. |
Anonymous
Yes. And it's a ton of money compared to the vast majority of americans. I worry about our democracy if people are so very out of touch to think they are mddle class while earning 300K a year. At that level, they are quite privileged and should be giving back. |