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Reply to "Down and Out on $250K/year...."
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[quote=Anonymous]250k is rich no matter how you try to whine otherwise. If you have enough money to cover all of your expenses (which includes your "wants"), private school, savings and have money for your kid's college, then yes you are rich. Where I am from people rarely make enough to pay for college outright. Go back and read the thread about people not even having 25k saved for retirement. That is where the majority of America is at. Many of you are making 5x the average American family. Yes you are the upper class, whether you own it or not. I've lived in other high cost of living parts of the country and salaries are not nearly as high. Millionaires declare bankruptcy all of the time. Why, because they can't manage their money and make bad investments, not because they aren't "rich".[/quote]
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