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Money and Finances
Reply to "Goldman Sachs: 40% of $400-500K and $500K+ households “live paycheck to paycheck”"
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[quote=Anonymous][quote=Anonymous]We make about $450k. We max out most deductions, have a $4,800 mortgage payment, no daycare or debt and we pay cash for cars and vacations, and I can not fathom paying for a nanny, dual private, country club, and cleaning. When college comes we have savings. No quarterly tax payments (we're regular employees). [/quote] Ditto for us. And yet it still does sometimes feel like we're living paycheck to paycheck bc of the deductions and occasional expensive months. So I get it, but like most pps agree that it's not the same paycheck to paycheck definition as someone who is not budgeting AFTER socking away for retirement, 529, health insurance, etc. [/quote]
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