Reply to To those who can't make ends meet on $250K, take note:

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]
To someone making $11k/yr, someone making $50k looks rich in comparison. To someone making 50k, someone making 100k looks rich in comparison.
I make $125k/yr, my DH makes $150k/yr. We have great health insurance. We have savings. We don't have debt (we rent, don't own). We are very very fortunate.  I also realize that if I made the [i] exact same decisions now [/i] - college, loans, career, etc - the results would be different. I didn't get a career by sure luck - it took hard work - but the booming economy gave me opportunities. The same can't be said for recent graduates.
That said, we don't drive luxury cars. Mine is a 2007 sienna with 90k miles. We don't have lavish vacations - we visit family, and sleep at their house. We live in a 2000 sq ft townhome, 1 car garage, patio for a backyard. So to be told I'm "rich" when I envision "rich" meaning real vacations, a larger home, a nicer newer car, I just don't feel like I am rich.
Yes, I am very fortunate. But I'm not living the lifestyles of the rich and famous. Or the lifestyle of the "real" housewives. [/quote]

We make a similar HHI, $280k w/ one child under 5, and are both under 35. We don't feel squeezed at all. No debt except for mortgage/car. Employer takes care of retirement plan, so perhaps that is another thing that would make our effective income higher. We drive one mid-level luxury car and one average car and live in a 4-bedroom close-in TH (that is bigger than most SFHs in our area), and live a generally comfortable life with vacations, clothes, restaurants etc.

We don't feel squeezed for a second and we both grew up in wealthy professional households, but don't have family money (but family did pay for all education). Curious what in your budget creates such a squeeze? I consider us lucky, comfortable and indeed, rich- maybe because we have no education debt and an employer-financed retirement plan? Is that what's hitting you other $250k HHs and making you feel 'not affluent/rich'?[/quote]

I never stated we felt "squeezed". The reason we do not have lavish vacations or new cars or bigger home is because we put a lot into our children's college education plans and are saving for a down payment so we can buy a home. That is our choice. We have no debt, and I am very grateful for how sucessful we are. I just don't consider myself "rich", although I can certainly understand why someone making $50k/yr would consider us rich.[/quote]

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