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Money and Finances
Reply to "You need to make $90,000 to be happy in DC"
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[quote=Anonymous][quote=Anonymous] [b]What in the world are you spending all that money on then?[/b][/quote] Not really spending too much as our fixed costs are very low. If I add the non-essential costs - travel, kids EC activities, entertaining, maid service, home improvement, vehicle maintenance, miscellaneous - we will still be spending under 30K yearly. So- we are probably very frugal as far as DCUM is concerned, but we feel that we are really living very lavishly. Rest is for - our retirement, fully funding college for both kids (undergrad, med school and beyond, professional school). If we can afford it we will pay for their weddings as well as the down payment of their house - but that is really not a priority for us. We want to make sure that kids do not have student loans because we have seen and heard too many stories of high earners who are not wealthy because it takes them years to pay off student loans. [/quote]
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