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Reply to "150k household of 1 is barely making it "
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[quote=Anonymous][quote=Anonymous]Let's just say you have a $150k salary in DC: - After taxes, your net pay is $98,826 - After rent ($2k p/month) you're at $74,826 - After Utility (~$110) & Wifi ($54.99) you're at $72,826 - After car & health insurance you're at $60,826 - After car payments, you're at $57,226 [b]- after food $800 a month $47,626 - after ordering out $300 a month $44206 - after eating out(2x week) $240 a month $41326[/b] - buying new clothes $200 a month $38926 [b]- Nexflix, Hulu etc… $200 a month $36526 - vacation twice a year $3000. $33526 - gambling and entertainment. 6000yr $27526z - miscellaneous. 500 month 6000 year.$21000[/b] Tell me again how we are rich????? [/quote] OP, assuming you aren't a troll see the bolded above. If you can afford all of this, yes you're doing quite well financially. Maybe not rich, but comfortable if you can take multiple vacations per year plus spend that much on food and entertainment. That being said, you could save a lot more and feel a lot more wealthy. According to the above you're spending more than $1300/mo on food! Thousands of dollars a year on entertainment plus two vacations? What is your $500/mo on misc? You're clearly single and enjoying that life, more power to you. Really re-think where your money is going if you want to feel more financially secure. Start up top with retirement and short-term savings right after taxes and rent. NOW think about how to spend the rest of your money. You're saying you eat out twice a week and each of those outings is upwards of $100? Plus all the ordering in? Plus an additional $800/month on food. Make some better and less expensive choices. Just as a start. [/quote]
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