Reply to Making $500k and not feeling wealthy in NW

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[quote=Anonymous][quote=Anonymous][quote=Anonymous]After taxes (Fed and District), private school for 1 and second coming from local DCPS into private, saving for college, retirement, long term care, helping out family members etc. You feel really squeezed. Our brother inlaw in Houston get to take 3 or 4 vacations a year on about $300k a year, we can only take one real one and then have to huff it to Delaware for the weekend. It kind of is a rat race and we're stuck in this income zone for the foreseeable future (thanks biglaw profit slips). [/quote]

Here, OP -- how about you consider this and then maybe you'll feel better about your life:

[img]http://upw-prod-images.global.ssl.fastly.net/nugget/531502d090d6c836b700003b/attachments/minimum-wage-afford-housing-1a-231d239411f3b705a27c085302cb6335.png[/img][/quote]

Really really not a helpful info graphic. Seriously, in all of TX or Montana, you can't pay your rent on minimum wage? That's a dead give away that this graphic is based on unrealistic ideals.

What single-income minimum wage worker is renting a 2 bedroom and expecting it to cost 1/3 of their income? The only group this picture speaks to is single parents with at least two kids who earn minimum wage and don't have other financial support. Otherwise, if you're renting a 2 bedroom apt, then you probably have at least two income earners. Kind of misleading to plop a picture of the entire US in the middle of the page and then only speak to a situation that makes sense for this very specific group. Most people on minimum wage are not renting a 2 bedroom as a solo breadwinner and they're certainly not expecting it to cost them 1/3 of their income. [/quote]

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