Reply to I hate being stuck at $230k HHI and feel poor AF

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[quote=Anonymous][quote=Anonymous]I am sympathetic to OP. I'm single and make slightly less (140k) and after maxing out 401k and various little deductibles for health insurance I take home pretty much 2500 per paycheck. That's 5k a month. Out of which 1800 goes to mortgage and 300 to a car payment (second hand with a four year loan, nothing fancy, one year left). That leaves me with 2900 each month to live on. I spend, a minimum, 1,000 to live and that's groceries, gas, little expenses. I have a barebones internet package that is just internet, no TV and a phone plan. Between that and utilities that's probably another 250 a month averaging it out with variations in utilities across the year. I keep my house pretty cool in the winter and pretty warm in the summer (68 winter and 76-68 summer). And then there's always something that comes up, a minor plumbing repair, a vet appointment, car servicing, car insurance twice a year, you name it. Average it to at least another 250/month in misc expenses. That leaves me with 1400 a month in potential savings. In reality, it's closer to 1, probably 1200 a month on average.

It allows me to take a decent vacation but otherwise I never eat out, rarely buy new clothes, never go to concerts, and am always keeping a close eye on spending. Because there's also always something, like a repair to the slate roof - that's a few thousand dollars. I have to start thinking about replacing the car someday, where's that money going to come from. I'm not socking away large amounts of savings each year. I do save a bit on top of the 401k but I'm dreading the day I get smacked with a 20k repair bill for god knows what or unexpected dental care that isn't covered to the full by my insurance. I do have investment funds outside the 401k but yes, I do not feel rich, let alone the upper middle class some of you would be shrieking at me.

And yes, I have no idea how families survive on even 150k when I feel like I'm just staying afloat. [/quote]

How did you afford a house on that income, pp?  Are you in dc?  Your mortgage is less than my apt rent.[/quote]

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