Reply to I hate being stuck at $230k HHI and feel poor AF

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Reply to "I hate being stuck at $230k HHI and feel poor AF"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]What's your budget?  You bring home probably around $10,000 or $11,000 a month, right?  And pay, what, $3000 or $3500 towards your mortgage?  Where does the rest of it go? [/quote]

I wish it were this month per month. After taxes health care and 401k max, $230k is trash income. Like I said, I make about $150k and after taxes, 401k healthcare and all of the deductions, I'm only pulling $5000 per mo.  My spouse who makes $72k and who contributes only 13% only pulls home about $3500 per mo after contributions, tax, and other deductions.  Total take home is about $8500 per mo.  Mortgage is $3100 for a $560k loan at 2.87% interest. Internet 80, gas + electric  =$200-300, entertainment on streaming apps = $50, groceries = $500-600 per mo..other crap for gas, clothes etc. Not even counting. Then when you get hit with surprise car and hkuse repairs I just get crushed.  I feel so stupidly poor on this salary. How the hell do American families making less than $100k survive? The median hhi is well below $100k, so clearly people with families are doing it. I'm also dumbfounded by the savings levels and invesmtnet levels by people on this forum purportedly to be single moms making $140-170k who claim claim to have $50k in emergency savings, $700k in retirement, and $100k saved for college. Yeah sure, do you ever have a home repair, major car repair, or need a new car?  I just can't believe these #s on this forum.[/quote]

You're only spending half your take home.  Unless you have another $4k/month in expenses, I'm not sure why you say you don't have any money.[/quote]

$8500 per mo.take home.

-$3100 mortgage
-$300 gas + electric
-$80 internet
-$100 cell phone
-$600-800 groceries
-$125 gas
-$150 car insurance

=-$5000 before counting for any health problems, car repair, clothes, health care, savings, weddings, parties, and other emergency expenses.  [/quote]

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