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Reply to "Being lower middle class and living well"
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[quote=Anonymous][quote=Anonymous]It's totally possible to live within your means in DC. I love reading the money and finance forums for this reason. The people who say they make 300k and still feel like they're barely scraping by make me feel infinitely wiser about the personal decisions I've made. (We have a HHI of 75k and live and work in DC.) One of the best decisions we made was to buy a house in a less fancy part of town. My house that I'm completely in love with was a steal. Two people paying $650 for just rooms? That's the price of my mortgage. And it's appreciating well. I love it! I'm not as frugal in other spheres. We like to eat out a couple times a week. We could definitely cut down on that. I too love cooking, but it's difficult when I'm tired and somedays I'd rather just play with my son. But other days I'm just being lazy and could definitely stand to cook more! Also, we bought a new car a couple years ago, albeit at a good price. It was a previous year's model the year they came out with a new model, so we got a pretty awesome price on it. But we could have gone for a used one instead and saved more initially, maybe waiting to buy new when we made more money in the future. I wish I had more money to renovate the bathroom, take nice family vacations in exotic locations, or even just Disney World, which is just as expensive as going to Cancun in my book, etc. But I figure we can work towards that. And that would just be icing on the cake. Kudos to you for making your life make sense. Doesn't it feel nice?[/quote] Exactly. I also take my lunch, we only have one car, etc. We live very frugally and save 50 percent of our take home pay not including retirement accounts. It can be done. [/quote]
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