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Reply to "Making $500k and not feeling wealthy in NW"
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[quote=Anonymous]OP's post is exactly why my husband refuses to let our child attend a private school. We think we do okay (within the top 4 or 5%), but make no where near what OP makes and we consider ourselves very lucky. We have a great retirement savings, a good emergency fund, have one car not paid off ($270 a month) and one 12-year old car. The only debt we have is our mortgage, and it is reasonable. We both paid off our school loans in our early 30s. And they were substantial...no parents to help us with our education costs. Another member of our family makes 4x what we make (and probably makes more than you)...and they live exactly the same way we do, except they have one car the ability to pay off their entire mortgage tomorrow (they don't be cause they can earn more from investments that the mortgage interest rate on their house). They don't surround themselves with people who place value around materialistic things. Almost all of their money is in the bank. They don't act "rich" but they are. OP- you seriously need an attitude adjustment. My advice: 1. move, 2. send your kid to a public school or a more modest private school that doesn't breed senses of entitlement. And if you don't work, get a job so you can learn the value of earning money and see how it is for most people. [/quote]
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