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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We bought a 850k house with a 200k income, went on 3-4 vacations per year AND had to pay for childcare.

We were not saving much in those early years.

Our income increased to $1m gradually. I’m sure people may have thought we were living above our means but in actuality, we were saving most of our earnings.

I think it is odd when people say high consumers are living off credit card debt. Also when you earn/spend a lot, you get comped more frequently. We stay at a lot of hotels using points and get upgraded.[/quote]

You must have had a big down payment or you would have been really house poor. [/quote]

We were totally house poor. I started working shortly after we bought the house and both our incomes increased quickly.

When we bought the house, we had a toddler and infant.

Had monthly take home of around 10k. Mortgage was 4500. Childcare was 3000.

I started working and earned around 100k and brought home around 6k per month.

My memory was a bit blurry. Those early year vacations were more trips to Florida and Maine. Staying at inexpensive hotels and kid(s) flew for free. We also would tag along dh’s conferences so hotel and DH airfare would be paid for work.

The bigger more lavish trips came later when income was more like 500k.[/quote]

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