Reply to Does anyone here live very well on very little?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]$150ish HHI

2 working parents, 4 kids

Nice $650k house (with a low mortgage thanks to the huge profit we made on our first home), but nothing too fancy

Way out in the burbs in a nice school district that is essentially Family Town, USA

Plenty of money for sports and activities

Lots of travel (but nothing too exotic--we only fly as a family once every year or two)

Our cars are older, but functional.

We are fairly frugal, but aren't afraid to splurge.

DH and I are vested in pensions and saving for retirement.

Saving for college, but planning on state schools.

We don't feel like money is tight (except for my pet peeve of not being able to afford a beach house or take more exotic vacations).

[b]I think people with more money piss through it unnecessarily.[/b] If we made $250 instead of $150, we wouldn't change much (we wouldn't buy a more expensive home or new cars). Instead, we would probably save more (for college) and take more expensive vacations. [/quote]

You sounded quite nice till this comment. No most people with more money simply pay more for mortgage b/c they didn't get to buy before the boom. Why don't you accept your luck rather than pissing on others? [/quote]

I posted that comment because I actually know several people (including my siblings) who piss away their money. Here are just a few examples:

- dropping $100-150 at restaurants 2-3 times a week plus going out to lunch during the week regularly
- dropping $100-200/week on beer, wine and booze (and sometimes more)
- new cars every few years (luxury type)
- shopping like it's a competitive sport 
- buying the latest electronic gadget for everyone in the house every year
- concert tickets for the latest tween sensation 2-3 times a year (often with a limo or hotel stay) 
- new jackets, boots, clothing and gear every season to stay on trend
- multiple purses, wallets and watches each year (for mom and daughter) 
- expensive vacations

And they whine about never having money, how expensive it is to live here, and that they have so much credit card debt.

These are people my age or older, so their mortgages could have been decent like mine...but they sprung for a more expensive home or used their house like an ATM to pay for major renovations or trips.

So I stand by my comment: some people do piss away their money. We don't. [/quote]

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