Reply to If you are middle class (<150k HHI), how would things be different if you were rich (>400k HHI)

Forum Index » Money and Finances

Reply to "If you are middle class (<150k HHI), how would things be different if you were rich (>400k HHI)"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]I don’t conceptualize it because it doesn’t apply to me, since I make what I make.  What an odd question. [/quote]

If it doesn't apply to you, why answer at all?

We are under 150k HHI (one kid, live in DC), and I think the three biggest difference overall would be just less stress. But it would come in two forms. The bigger one would be less stress about the long term future, just worrying less about retirement, and being able to pay for or help our kid with college or getting started in life. Right now that's just a constant underlying stress and the biggest motivator for me to increase my income.

But at 400k we'd also have more freedom to reduce day to day stress which would be nice. We cook 95% of our meals at home, we don't have house cleaners, we don't get our car detailed, we do most of our home maintenance and upkeep ourselves, we have to be frugal about child-care, etc. We do all that because we are serious about saving and at our income we really have to pay attention to where our money goes. It would be nice to have a bit more leeway to just order in two nights in a row because we feel like it, or get a sitter for every Saturday night, or have someone come clean the house every month or so. Just things that would take the load off and make it easier to relax and enjoy our home and our time together. Though I'm also guessing many jobs that would pay enough to put us in that bracket would also inhibit relaxation and enjoyment to some degree. So it would depend a bit on the tradeoff there.

I honestly don't even know if we'd move or buy a nicer car or anything. We have a small family and a small house and a practical car, and it works for us. We'd probably take slightly nicer vacations, but it's not like suddenly we'd be flying first class or staying at luxury resorts, because that's a good way to just piss away all your money and while those things sound lovely, I'd much rather have a solid savings and be able to pay for college anywhere our kid gets in, then experience super high end air travel or eat at obscenely expensive restaurants.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics