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Reply to "s/o - feeling "poor" at these ludicrously high incomes. what are they actually missing?"
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[quote=Anonymous][quote=Anonymous]I think it comes down to the fact that most people who make $300-400K have two parents working. (ourselves included). Having two parents navigating the 9-5 slog around DC plus taking care of young children (or school aged kids which personally I have found harder with two working parents) is a never-ending grind. There's a feeling of, "there has to be more to life than this". I love my job (this is not a SAH vs. WOTH debate) but it's pretty crazy to plan the logistics of having both spouses working. I feel like all we do is work, commute (and we live close enough that one spouse bikes), and take care of the kids. Lather, rinse and repeat daily. Sometime I wish we at least had fabulous vacations or gorgeous furniture for all of our effort. :-) [/quote] It's exactly this. Most of these $300k stretched posters are dual income with income parity -- so both parents need to work to make basic living expenses (even a cheap $500k house is hard to swing on $150k). The slog of dual working parents, commuting, min 40 hours week, and all that takes a lot of logistics and money. And I think PP is right that most of these folks are the strivers from small towns: but what she misses is that these folks are smart and know how to work hard, but don't have a clue how to make money (so don't necessarily gun for the right partner track early on) nor can take the risk for starting a business or such -- no family money to fall back on. They meet a similar striver and start a family (bc the women from NYC and Bay Area know how to spot the future high earners and pass the Midwest striver by), and suddenly are on this hamster wheel making ten times what their parents did in small town America but having a much worse quality of life. They thought if they do what they love and work hard, they would come out ahead, but now are stuck. And yeah, hometown sales guy is living like a king, that is so so true. :)[/quote]
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