Reply to Why a 300-400k salary doesn't feel rich

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]300K is rich in the sense that at that level you can [b]reasonably pay a mortgage, save for retirement, save for college, pay for daycare, and go on decent vacations[/b]. You are building wealth and buying your kids some breathing space, which is more than the vast majority of Americans can do. [/quote]

It’s kind of crazy that these things are now for the “rich.” I feel like owning a home and being able to save and occasionally take a vacation or 2 should be a very middle class thing that everyone can do. It’s weird to me that with all the resources we have and technology that makes life better, we haven’t figured out a way to improve human life more. Like unless you’re born to rich parents you have to take out massive loans to get an education and may never make it on the property ladder.[/quote]

You do not have to "take massive loans to get an education" Most states have good schools that are under $30K.  Take $5.5K student loan each year (max at $27K), kid works summers, all breaks and PT during the school year (10-12 hours) and your kid contributes 10-14K.  That leaves $10-15K/year for the parents to assist with.  If your parents cannot assist with that 10-15K (or didn't save some for it), then you do well in school and search for merit.  A good student can get merit at many privates and state schools, just not the Top tier ones.

Or you start at CC (while living at home) and transfer to 4 year.  
There are ways to do it
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