Reply to S/o: if you net $35k/month, can you still gripe about the cost of living in DC...

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Reply to "S/o: if you net $35k/month, can you still gripe about the cost of living in DC..."

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]That is what people do. Complain about the prices of stuff. My father who retired a CEO is the cheapest mutha you will ever meet. He is sitting on a hoard of money (millions) and my mom had to have an epic melt down to get their 1970s kitchen remodeled. He drives a honda civic!!! He puts the owner of Ikea to shame. I'm shocked he has 2ply toilet paper. He wears old shoes and buys jeans from Wal-mart!!!

He does spend on a membership to Congressional, extravagant travel, and education spending is unlimited.[/quote]

PP,

[b]In my experiences, those who are in the upper brackets STAY THERE b/c they're "frugal." [/b] The showy ones have no clue how to manage their money.  So they make a million, but half goes into a home that they can barely afford and huge SUVs they use to drive up and down Rockville Pike!

So I give your dad credit (to some extent).  unlimited education spending?  good deal!  And I applaud the extravagant travel, too![/quote]

Totally agree! I am frugal but not miserly. Our lifestyle would bear this out. But we don't spend on frivolous stuff for the most part. I will not buy anything of any significance unless I research it and determine where I can get the best deal.

But we did spend liberally on the education of our children with the focus again on them getting the best education with the least dollars expended. What I mean by this is that an excellent state school is just as desirable as one of the prestigious universities. It worked because our children have all done well and earn excellent incomes. One falls in the category of netting around $35K a month and she still is watchful when it comes to how they spend their money.[/quote]

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