Money Diary of a Bay Area Housewife with a $1.3M joint income

[Anonymous]

Anonymous wrote:Can you imagine still being on your brothers cell phone plan at 37?

I’m 44 and technically on my brother’s plan but I pay him $85 a month. It’s cheaper this way. Plus he got me the phone as a gift. We’ve done this for years.

[Anonymous]

She has tons more "net worth" coming her way. The most telling line here is "if anything happens, we can turn to our parents for assistance."

"We can turn to our parents" implies both she and her husband have parents with sizeable wealth. It also explains their spending habits, they were both raised with money.

[Anonymous]

Anonymous wrote:

Anonymous wrote:Can you imagine still being on your brothers cell phone plan at 37?

I’m 44 and technically on my brother’s plan but I pay him $85 a month. It’s cheaper this way. Plus he got me the phone as a gift. We’ve done this for years.

She's a rich Asian immigrant. Living at home with her dad and brother until marriage and having a family cell phone plan is not uncommon.

[Anonymous]

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Anonymous wrote:Doesn’t “joint income” imply 2 jobs? I ask this as a SAHM. Also their net worth is crazy crazy low at that income.

This low net worth high income is more often common then not.

It’s extremely hard to get wealthy through a W2 income. People refuse to accept this.

I’m the Pp and our W2 income is 300-400k bonus depending. Our net worth is almost $3M at a similes age.

The exception is not the rule. Why do people like you do this?

DP. Because they’re not wrong. It isn’t hard to become wealthy when you’re making $300k+ per year. You have to just live within your means.

Is this a joke?? Someone can become wealthy off of 300k income in 2021... you can’t be serious.

Maybe we have different ideas of wealthy. But 3 million is not wealthy.

The middle class/upper middle class are delusional af. And it’s so sad.

I’m the first pp and I never said wealthy. I said the author’s net worth is crazy low and it is. We have almost $3M net worth in our late 30’s. It wasn’t hard at all but you can go buy every last thing your heart desires, like many do.

Your minimum net worth should be your aged your annual pretax income, then divided by 10. We are almost doubt that calculation. And the author is nowhere close to it.

That only makes sense if you don’t have a trust fund. I know because I do and this lady does and probably the husband too. I am not a crazy spender, but I also don’t really track things with percentages, multiplication and division. It’s just not necessary.

[Anonymous]

Anonymous wrote:I would love this woman’s metabolism!

+1. Me too. Lots of money spend on eating out -- I can relate as I used to do that too (before kids).

[Anonymous]

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Anonymous wrote:I never understand the hours these people on Money Diaries keep either. Up at 730 am? DH has been at work for an hour and a half by then (military base). I'm up before 6 every day just because.

Really 7:30am sounds normal. I got up just before 9am for work this morning.

You and your husband have a slog, I don't know how you keep it up day after day.

Agree. Waking up at 7:30 is pretty much the only normal thing in the article.

LOL Sleeping until 7:30 am may be normal for this couple (in their 30's) because they do not have kids. If you have kids, it's really not feasible to sleep until 7:30 am on weekdays, as they usually have school. Or if the children are young, they tend to wake up early.

[Anonymous]

I have three kids. I sleep until 730-800 on weekdays. Their school doesn’t start until 9:20.

[Anonymous]

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Anonymous wrote:Doesn’t “joint income” imply 2 jobs? I ask this as a SAHM. Also their net worth is crazy crazy low at that income.

This low net worth high income is more often common then not.

It’s extremely hard to get wealthy through a W2 income. People refuse to accept this.

I’m the Pp and our W2 income is 300-400k bonus depending. Our net worth is almost $3M at a similes age.

The exception is not the rule. Why do people like you do this?

DP. Because they’re not wrong. It isn’t hard to become wealthy when you’re making $300k+ per year. You have to just live within your means.

Is this a joke?? Someone can become wealthy off of 300k income in 2021... you can’t be serious.

Maybe we have different ideas of wealthy. But 3 million is not wealthy.

The middle class/upper middle class are delusional af. And it’s so sad.

I’m the first pp and I never said wealthy. I said the author’s net worth is crazy low and it is. We have almost $3M net worth in our late 30’s. It wasn’t hard at all but you can go buy every last thing your heart desires, like many do.

Your minimum net worth should be your aged your annual pretax income, then divided by 10. We are almost doubt that calculation. And the author is nowhere close to it.

Huh?? I’m in agreement with you then!! Lol

[Anonymous]

Anonymous wrote:

Anonymous wrote:I would love this woman’s metabolism!

+1. Me too. Lots of money spend on eating out -- I can relate as I used to do that too (before kids).

She’s on the rich Asian diet, eat out all the time but no booze because she gets Asian glow as she pointed out...

[Anonymous]

You know you're shallow when one of the most important things about your day is how many steps you walked that day.

[Anonymous]

YUM! I'd love to eat like that all the time.

[Anonymous]

Anyone notice how much soda she drinks?

[Anonymous]

It’s weird that people keep commenting on how much she’s eating when you actually have no idea how big her portions are. She probably eats a fraction of a dish.

[Anonymous]

I found this diary incredibly boring. Seriously.

[Anonymous]

Anonymous wrote:It’s weird that people keep commenting on how much she’s eating when you actually have no idea how big her portions are. She probably eats a fraction of a dish.

She’s Asian.