Reply to Financial advisor/planner? where to start

Forum Index » Money and Finances

Reply to "Financial advisor/planner? where to start"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]There seems to be a large variance among folks on how much money one actually needs to earn.  Basing your needs on how much your friends make doesn't seem like a good place to start. I don't know how much my friends make with the exception of the Feds since I know their gs level.

I just find it interesting. My husband and I combined make less than the guy who makes $190k. We max out one 401k and an IRA. We are doing a two year pre paid university plan for our two kids and we make extra mortgage payments every year. I feel like we eat out a lot. We do have fairly cheap vacations since we tend to crash at family and friends vacation houses, but I really don't feel like we are ever stressed for cash. Not even when our hot water heater broke.

What kinds of expenses do people have that they make such large amounts and can't achieve adequate savings and lifestyles? The only thing I can think of is if someone has an especially demanding job requiring a nanny and overtime pay. I just use a daycare center, but even we have a cleaning lady.  Perspective people![/quote]

I am in exactly your boat. We make $127k combined and I feel like we are living on air. We are so flush, it's ridiculous.

BUT. Our housing costs are the same as they were when we made $70k combined. So I imagine that's a big difference - we kept our housing costs the same as our income rose, we weren't keeping up w/ the Joneses.[/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