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Reply to "To those who can't make ends meet on $250K, take note:"
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[quote=Anonymous]Y'all are confusing income and net worth. Just because you have a decent income doesn't mean your debt doesn't murder you each month. Our HHI is around $250k, which sounds great until you consider that we're 100K underwater on a property that we had to move from in order to find work after being laid off for six months. We're paying off that property and covering a mortgage in the DMV -- which we bought before we realized the other place would not sell, unfortunately. We certainly don't worry about eating the way we did when we were putting ourselves through college, but we put every dollar we can toward our crazy debts and as a result, have far, far, far less disposable income than you'd think. Eventually this will all work itself out, but in the meantime we're tethered to jobs we hate, we may never be able to retire, and on a daily basis we're super frugal. Sometimes we have to stretch at the end of the month to make it all work. FWIW - I'd rather make $100k a year, or even $50k, and not have a negative net worth. [/quote]
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