Reply to Down and Out on $250K/year....

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Reply to "Down and Out on $250K/year...."

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[quote=Anonymous][quote=Anonymous]A lot of this has to do with a distorted sense of what the rich are and what the rich do. Yachts, jets, and vacations in St. Tropez aren't the markers of being well-off, as with everything wealth and affluence has gradations. Many of the "appropriate" expenditures of this family from retirement/college savings to a $750k home are in fact choices which are possible because the means are available- most people simply don't have the luxury of these options.

In the DC area, many people elect to live very far from their workplaces, for example, because they simply cannot afford a $3000/month PI payment as this family has. So this family, could easily halve their mortgage and live in a distant suburb to commute to their jobs, but they have the luxury of choice. The family could live with one car, but chooses two- how many families "need' to have two cars in DC or Alexandria if you live proximate to public transport.

So come on...let's get real, especially given that half the world (3 billion people) lives on less than $2.50 a day...try placing $250k a year on that continuum. [/quote]
THIS!
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