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Reply to "More Than a Third of 250k Earners Live Paycheck-to-Paycheck"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Several times a year I think "where does all our money go???" because when I look at our checking account balance- it doesn't seem to match our salaries. But then I remember- we are making double house payments, putting money into investments and college fund, maxing out 401Ks, etc... but if someone didn't know those things they would think the 50K in our checking account was pathetic. [/quote] 50k in checking is stupid to begin with. 3-6 months total expenses, the rest should be invested.[/quote] Our mortgage is $4k/month. So that’s $24k right there for 6 months. [b]$50k would barely keep the lights on[/b] unless you live in WV or bought your house in the 90s. [/quote] Some people don't make $50k a year. This thread is weird and depressing.[/quote]
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