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Reply to "What is your age and net worth?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did you all under 40 save so much money? I assume part of the pps here have really awesome paying jobs, but I can't imagine that majority of 35 year olds has jobs that pay over 300K. Was it a trust fund? Parents buying houses? What is it, honestly? If you had absolutely no money coming from parents or grandparents how are you saving so much? Or is it that only rich are posting here and those that live pay check to pay check are not posting?[/quote] New P here, Ages 35,36, NW of $1.3 million, $300 of which is home equity. [b]We were given $200k to help buy a place, but generally speaking, we both have been working since college graduation and saved saved saved.[/b] That means we have two incomes being saved for 14 years. We also paid off DH and my student loans in that time. Its been tight but I don't feel deprived. [/quote] LOL LOTS of people -- I'd venture to say most people -- in this area have been working since graduation + save save save. Guess what the difference maker is, YOUR PARENTS. [/quote] Yep, there is not BUT in that post. 200K is never a BUT! 200K means much lower mortgage, means security, means being able to save. I don't have 200K to give to my kids for a house. Everything that pp wrote is because of the parents! BUT.... let's pretend it's on her own merit!!!![/quote]
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