Reply to Why is $275k hhi now so poor?

Forum Index » Money and Finances

Reply to "Why is $275k hhi now so poor?"

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Stop blowing smoke up my arse trying to claim $275k hhi is just fine and dandy these days.  It is not.  We are friggin dinks with virtually no debt except our mortgage on a very modest $625k home.  We rake in $275k and are super middle class, it’s insane.  Right now driving an 8 year old cheap Mazda 3 bought for $20k snd is paid off.  I dread the day we need a new car, because a new car payment will place huge strain on our finances.  I think we can only afford a Toyota sedan next.  You’d think dinks making almost $300k could afford an Audi these days, but nope.  Car insurance, home insurance, taxes, groceries……all of it demolishes you.  We only take 1 vacation too per year.

Ok, we might tread water, I’ll give you that. But we aren’t THRIVING.  I feel like you’ll only thrive on a $500k income these days.  And that’s only from a DINK perspective!  I dunno how everyone else who is poorer AND has kids survives.  You all survive on malk and beans? Who knew the American dream for family people meant a life of brittle bones and cutting coupons, lol. Prices are so outta control. It is bonkers. [/quote]

Try rolling up your sleeves and doing some actual work instead of outsourcing everything. No doubt you have a housecleaning service, lawn service, and pay contractors for even the simplest of home improvement tasks (e.g., putting on a new roof).

DH and I both work, have two kids, have an HHI of $250K, and have no issues saving 30% of our gross HHI while also setting aside $1K net per month for college savings. We just added a new 1000sqft composite deck, 300sqft screened porch, and 2000sqft of hardscaping and water features in NOVA for only $60K. Contractors wanted $250K for the same.

Don’t be so useless and lazy and you’ll find that $275K is plenty. [/quote]

Sure Susan.  Let me just go replace my roof after watching some YouTube videos, lol. Absolutely nothing could go wrong working on a home repair like that with a bad spine and multiple tons of shingles to haul up 20 feet. And all alone.

I bet allmof the quality of your DIY projects are trash, and you probably violated multiple building codes that will make it difficult to unload your garbage house. Have fun! [/quote]

+1. Who DIY’s replacing a roof? Her house is probably a patchwork of one crap project after the other.[/quote]

A person who wants a solar roof installed for the price of a typical, trashy asphalt shingle roof? DH and I only hire contractors for low-level, low-impact projects when we’ve run out of available time. Only so many hours in the day after all. There’s no such thing in our household as hiring a contractor to do something simply because we lack the skill or capability ourselves. Is this even a thing?!? Totally surprised to think this might be true. People can’t just read a book and figure stuff out?[/quote]

I have the skills to put on a new roof---helped parents while growing up---dad did everything except HVAC.  Sure, I can read and figure it out, and I used to when we were young.  But now I happily outsource all of that to highly qualified people.  It's called contributing to the economy.

My spouse makes close to $500/hour.  They are defiantly not interested in spending their free time doing house repairs. So we pay people to do it.  It's called prioritizing
[/quote]

Yes, but how much do you make per hour? Sounds like you’re nothing but a freeloading spend-a-lot. [/quote]

jealous much?

I was making $150K 25+ years ago when we made the joint decision for me to become a SAHP, to kids where the other parent was traveling 2+ weeks per month typically and would get home at 8pm most nights.   There is more to contribute to a family than just a paycheck.  It works for us, my spouse is quite happy with the arrangement.   In reality, why are you bothered by how we spend our money?  We have plenty of it.

[/quote]

Not bothered. Just embarrassed for you. I have countless acquaintances that have the option to become a SAHP. The only ones that actually choose this path, however, are those that lack the endurance and self-confidence to succeed as contributing professionals. The acquaintances I consider friends are able to rise above adversity and push through the glass ceiling, where others – much like yourself – repeatedly fail. [/quote]

it actually takes a lot more endurance and self-confidence to give up a high powered job and career path and choose to stay home with the kids.  I have two BS degrees from a T10 university and a MS from a T20 (fully funded with a salary while in school).  I was well on a path to high powered job, as making $150K 25+ years ago is equivalent to $250K+ now---was making that at 29.  But I CHOSE to stay home with my kids, as that's what I wanted to do.  Spouse fully supported me.  I do not need to be at a high paying job to define my life as successful.  We chose a path that worked best for our family.  I have plenty of friends who are SAHP and plenty that are in paid careers.  Interestingly, we all support each other despite our different career path.  [/quote]

No doubt this is what you wanted to do. Laziness is a powerful motivation. You’re an obviously incompetent and overinflated, self-promoting dimwit. The fact that you have two B.S. degrees is irrefutable proof that you’re a failure. A single, worthy B.S. is all anyone needs as a starting point. From there, one proceeds to acquire multiple masters and doctoral degrees – as I have done – for example. You’re a dabbler. You’re a tinkerer. You’re a smoke-blowing facilitator. But you’re far from being an achiever. You have no career. You’re a drifter in life that accomplishes less with full-time effort than do I in only a few simple hours. This, ultimately, is the rub.  You’ve regressed to extreme inefficiency and dependency upon others and yet you pride yourself in your sloth-like ways.

I work a full-time job. My DH works a full-time job. We both choose to do so. Our HHI is $2.7M. We donate 1/3rd of that charitable causes. Our older DS just earned his Ph.D. in Aerospace Engineering from MIT, DS is just starting on her M.D. from John Hopkins. Our younger DS is working on his B.S. in Physics from Harvard.

I doubt that any of your kids will come close to achieving that which our children are accomplishing. Your stay-at-home sacrifice has been nothing but a self-fulfilling virtue signal. Pathetic. [/quote]

Congrats…but why does one have to accumulate all these degrees?  The wealthiest people in this country don’t even have a BS degree (Gates, Zuckerberg, Altman) or have just a BS degree (Bezos, Musk, etc).

Not sure why anyone equates degrees with financial success.
[/quote]

Only you do, apparently. Advanced degrees equate to intelligence, hard work, and perseverance. Every one of the people you referenced was only successful by abusing and then standing on the backs of others with advanced degrees. We all know why Meta, MSFT, Tesla, SpaceX, and GME are successful. Has nothing to do with these losers. [/quote]

Huh?  It has nothing to do with the people that actually founded the company?  Nothing?

You are in a backhanded way throwing people with advanced degrees under the bus...basically, for all their education they are easily manipulated into doing the bidding of other, less educated people.

You sound like someone who believes all highly successful people somehow are evil.  I gather Bill Ackman and all the hedge fund guys are evil.  All the Blackstone and KKR guys are evil.

Tell us, does anyone who is highly successful without an advanced degree pass your purity test?[/quote]

Success isn’t measured in dollars. It is measured by acquired knowledge and intelligence. Anyone can make billions of dollars. The only thing we can definitively state about those with millions or billions in NW is that they were the ones too selfish and too greedy to give back to society.

DH and I have taken the higher ground. Sure, we both work, and we even make a very comfortable 2-3 million dollars per month, but we donate almost all of it to create a better world. I scoff at the simple achievers bragging on about a paltry $500/hour and then using this nothingness of an accomplishment as sleight of hand to draw attention away from a SAHP that is essentially an utter failure.

It is hard to imagine how much more we could do as a society if only the DCUM prototypicals shifted gear from less self-gratification to a more outwardly emphasizing posture. [/quote]

Have you ever considered taking one hour of your earnings and shoving it in your mouth so you stop talking?[/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