Reply to Down and Out on $250K/year....

Forum Index » Money and Finances

Reply to "Down and Out on $250K/year...."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous]14:58 here- never said I was struggling overall,  but yes childcare is REALLY expensive and not easy to cover.  I said I am very fortunate to have the income and choices I do, but that yes, I do have to make some hard choices (no, I cannot afford to send my kids to a $35K/year private school or drive a luxury vehicle- that is no where near the realm of reality for us).  And, I'm actually pretty lucky when it comes to my mortage (we bought before the bubble got huge and have a lot of equity) and we're very careful with our money, but I also have some pretty heavy duty expenses when it comes to my extended family.  I would describe my family as affluent, but we're certainly not rich.  After the AMT and property taxes, my 'disposable income' doesn't look nearly so rich.

I do take exception to people who say saving for retirement is a luxury- it is our number one priority now and it was when we made $80K gross.  Why?  Because it's important to be able to take responsibility for ourselves and not depend on others when we retire.  The future we face with social security, etc. is VERY different that our parents did.  [/quote]

Wow - again, not getting it. When people say saving for retirement is a luxury, they don't mean it's an option. They mean WHEN YOU ARE LIVING PAYCHECK TO PAYCHECK you can't afford it. Oh my. It really is amazing. Of course most of us on this board who are professionals making good money are saving for retirement. I'll throw in emergency savings as well as college. We have enough saved in case someone gets laid off, to live several months, etc. But that is a LUXURY. It is nice to have that security, and not everyone has it. Some don't because they are pissing their money away, but some really are doing the best they can just to scrape by.

We are not in the 250K realm, but we make good money, and I would never say we were struggling or that we weren't living a life that is very different from people making much less. I'm not saying I don't take it for granted some of the time and I'm some saint, but at least I have the awareness to acknowledge how good I have it. Clearly many on this thread don't. [/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics