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

[Anonymous]

Anonymous wrote:DH and I make a lot more than this but work nowhere close to these hours. We also have 2 kids. No trust funds or family office for us. She won the ovarian lottery.

More like he won it by marrying her.

[Anonymous]

Anonymous wrote:She has a friggin’ family office. That’s an indicator of massive family wealth. At least $20m in assets.

I mean she got enough money from GREAT grand-parents to buy a house free & clear. That means grandparents and her parents will have a lot more to pass on. Plus fully paid med school? That’s nuts.

It’s impressive that she pushed herself into surgery. She clearly didn’t need to do it.

The wealth likely dwarfs the annual $600K income.

I have 20M and no family office. I think you can tack on a zero to this person's family wealth! Or maybe just round it out to a half-billion

[Anonymous]

Anonymous wrote:I tell you there are good and bad, down to earth and spoiled, ethical and unethical rich and poor people.

This lady is super good person I feel - she has family money but she went out and lived her life. She has a lot of money and she gives some to charity. It's not a ton but she didn't have to give any either.

I grew up with a lot of money (not this much of course) and on both sides of the family, we have a trust fund. DH and mine - our kids will not be rich nor will they be able to not work when older but they will be able to at least have some money to inherit. There's $7M for them to split.

I never had to worry about student debt and they won't either. While we paid for our house, our parents helped us out with the down payment. But DH and I work and we just get by. Money is funny - it really pays for time. It's not a substitute for a ton of other things however. You can get conveniences and help from it but you still have to find meaning in your life on a daily basis.

What you describe doesn't sound bad OR good to me. It's just neutral.

The wealth itself is a neutrality -- not inherently bad but also not inherently good. For a wealthy person to be a "good person" I would expect to see them doing something affirmatively good. "She doesn't have to give any money to charity" -- I mean like legally? Of course not. But yeah if someone wants to be considered a "good" person, they have to do something. It wouldn't have to be charity. Could be time or energy or spending your skill and talent to help others or make the world a better place.

But just a rich person living their life, spending their money, leaving it to their kids? I don't consider that a bad person but I'm not like "oh she's one of the good ones." In the exact same way that a middle class person who just lives their life, takes care of their kids, but never really goes out of their way to help anyone else or do anything good for others is not an especially good person. They're just a person. Nothing I'm going to get mad about but I'm not going to fawn all over them and celebrate it either.

[Anonymous]

Our income is considerably higher than but I found it relatable.

[Anonymous]

I know this is a dumb thing to focus on but alumni sorority and fraternity dues? I was in a sorority and no one has ever asked me for alumni dues.

[Anonymous]

What stuck out to me is that the husband took out student loans for law school and ended up making $120K a year. Damn.

[Anonymous]

Anonymous wrote:"K. recently finished paying off his student debt from law school and I was upgraded to an attending salary, so we need to make some edits to our prenup"

damn that's real

Heck, I just divide everything by 10 and it's real for me too !

[Anonymous]

Anonymous wrote:Handed a $2M house and $1M+ education from her parents, and gives basically $0 to charity, and finds it important to brag about her expensive bras on refinery29.

She'll never fill that empty soul.

Refinery29 is peak American women

[Anonymous]

Anonymous wrote:

Anonymous wrote:Handed a $2M house and $1M+ education from her parents, and gives basically $0 to charity, and finds it important to brag about her expensive bras on refinery29.

She'll never fill that empty soul.

Refinery29 is peak American women

Charities are mostly scams anyway. Most of them would cease to exist if they actually solved the problem they pretend to care about.

[Anonymous]

Anonymous wrote:
Charities are mostly scams anyway. Most of them would cease to exist if they actually solved the problem they pretend to care about.

You, unsurprisingly, completely missed the point of my post.

[Anonymous]

Anonymous wrote:

Anonymous wrote:She has a friggin’ family office. That’s an indicator of massive family wealth. At least $20m in assets.

I mean she got enough money from GREAT grand-parents to buy a house free & clear. That means grandparents and her parents will have a lot more to pass on. Plus fully paid med school? That’s nuts.

It’s impressive that she pushed herself into surgery. She clearly didn’t need to do it.

The wealth likely dwarfs the annual $600K income.

I have 20M and no family office. I think you can tack on a zero to this person's family wealth! Or maybe just round it out to a half-billion

I agree. They are likely worth at least 9 figures. Sometimes people with extraordinary wealth go above and beyond to give their children some normalcy. Although she grew up here, I get the sense her family has ties to New England or the South, where more blueblood/old guard families live.

[Anonymous]

Anonymous wrote:https://www.refinery29.com/en-us/surgeon-washington-dc-salary-money-diary

I know this is from last year but I recently read this article. $1,400 on dog day care made me laugh so hard.

Do other couple with similar HHI find it real or relatable? I do admire her strict schedule/routine, no wonder we only make less than half of what they make..

I think it’s a reasonable price for two dogs. It made me laugh when she bought expensive lingerie and cheap Jeans. I skimmed most of it but I caught the sentence where she felt she wasn’t being useful or something like that. She’s literally saving people’s lives. She might have had it tough growing up to always be productive and feels guilty about down time. I hope she gets over that. She’s doing more than her share.

[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.

Biglaw usually has assistants for lawyers and paralegals specializing in different fields. They definitely make more than $120K a year.

[Anonymous]

Anonymous wrote:She got lying/laying wrong I think.

Who doesn’t

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:She has a friggin’ family office. That’s an indicator of massive family wealth. At least $20m in assets.

I mean she got enough money from GREAT grand-parents to buy a house free & clear. That means grandparents and her parents will have a lot more to pass on. Plus fully paid med school? That’s nuts.

It’s impressive that she pushed herself into surgery. She clearly didn’t need to do it.

The wealth likely dwarfs the annual $600K income.

I have 20M and no family office. I think you can tack on a zero to this person's family wealth! Or maybe just round it out to a half-billion

I agree. They are likely worth at least 9 figures. Sometimes people with extraordinary wealth go above and beyond to give their children some normalcy. Although she grew up here, I get the sense her family has ties to New England or the South, where more blueblood/old guard families live.

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