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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]How did you all under 40 save so much money? I assume part of the pps here have really awesome paying jobs, but I can't imagine that majority of 35 year olds has jobs that pay over 300K. Was it a trust fund? Parents buying houses? What is it, honestly? If you had absolutely no money coming from parents or grandparents how are you saving so much?
Or is it that only rich are posting here and those that live pay check to pay check are not posting?[/quote]

New P here, Ages 35,36, NW of $1.3 million, $300 of which is home equity. We were given $200k to help buy a place, but generally speaking, we both have been working since college graduation and saved saved saved. That means we have two incomes being saved for 14 years. We also paid off DH and my student loans in that time.  Its been tight but I don't feel deprived. [/quote]

This is interesting to me because we're 37 & 38, NW of $800k.  If you strip out the $200k you didn't have to pony up for a DP and the $300k you wouldn't have without that gift, we're pretty much even.  Except I've been working since I was 14 and save save saving.

It's nice that you "don't feel deprived," though.[/quote]

PP here. It’s still expensive to live here and we have 2 kids and a third on the way. I’m not living large. That’s my point. [/quote]

Just think how "not large" you'd have to live if you paid your own way.  [/quote]

Some of you posters are so annoying.  We would be FINE if we had gotten no gift from the parents.  We would have still be able to get a house in the neighborhood we live in but a bit smaller, we would have just 200-300 less saved.  Yes, that is a lot, but I wouldn't have changed working hard or saving, so whats the difference?? It certainly helps, but my lifestyle hasn't changed.  I don't even think i would feel like it would make that much difference because money is such a hedonistic treadmill.  When I was 27 and saving, I though having X more money would make things better, and it doesn't. It just gives you more choices.  200k is A LOT but its not life changing.  Again, the bulk of what we saved was from working and saving.  I paid for my own college with scholarship, loans, and 3 jobs, and my husband paid for his own grad school too. [/quote]

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