Reply to Half of six-figure earners live paycheck to paycheck

Forum Index » Money and Finances

Reply to "Half of six-figure earners live paycheck to paycheck "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I was raised by much old depression era parents and I have to say I’m a little appalled by how people spend money.  We make a lot more than that but I don’t feel like o can comfortably afford a lot of the luxury items that people making a lot less than me are buying, as far as vacations, clothes, purses and shoes, Botox, manicures, etc .  [/quote]
me, too.  My parents were low income, uneducated immigrants. So, I save save save, and am frugal.  My spouse grew up more privileged than I did, though not wealthy by any means, so spouse's spending habits reflected that. When we got serious I told my spouse that they needed to save more for retirement.  Spouse is happy that they listened cause now we can retire earlyish (still have kids college to pay for).

We have taught our kids to be frugal, too, and budget and spend their money wisely. They obviously have grown up way more privileged than we did but we can still teach them the value of money.

This list is not surprising to me though since so many Americans don't have an emergency $500 savings.  My sibling who is not a high earner, even has $500 in emergency savings. We are all save first, and then spend what is left over.[/quote]

I was raised similarly and am very frugal. I think people buy stuff to make themselves feel good. The problem is all of the stuff people buy keeps them chained to work and all of the BS that goes along with it for longer. As I have gotten older I have less of a zest for work.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics