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Reply to "Earning 50K vs 500K vs 50 million"
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[quote=Anonymous]This is a dumb question--how can you truly compare? But I'll bite. 50 vs 500 definitely. I was a single making $50k, then our family expanded to 4 on $200k. I honestly believe that the quality of life was identical in the two cases, in terms of luxury, purchasing power, stress... $50k was quite comfortable for one person and $200k with 2 kids, and neither permits much extravagances. At $350k now, our spending isn't very different compared to at $200k. We actually spend less now that the kids are older.[/quote]
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