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Money and Finances
Reply to "Do you make $400,000 a year but feel broke?"
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[quote=Anonymous]It's funny but I grew up working class, and now have HHI that is 10x what I had growing up, but I don't feel like my disposable income is that much greater. My parents didn't save for college (we got financial aid and worked) and didn't really save for retirement (he had a defined benefit pension which was not huge but is enough to keep them from starving, like most folks in his generation), plus he had decent health and dental plans through his job. We pay a ton of taxes (which I'm not complaining about), and put a ton of money into college funds and retirement plans, and have a ton of unreimbursed medical expenses. And real estate is also just so expensive around here, whereas I grew up out in the hinterlands where they aren't really jobs anymore. We do spend money on things like sports (but not travel sports!) and music classes, which may parents didn't really do, and we probably don't worry as much as they did about money. Maybe at some point I'll realize I over-saved and go on that expensive tour of Europe (where I've never been...), but now I'm totally paranoid about the cost of braces, college, retirement, etc.[/quote]
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