Reply to so who actually shops at Bloomingdales? Stays at 4/5 star resorts for $1000/night?

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Reply to "so who actually shops at Bloomingdales? Stays at 4/5 star resorts for $1000/night?"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I always wonder this.  
We have a HHI of close to $400K.  So by just about any standard we are doing well.  Even in NW DC we're in the top 2%.   I know we're not middle class. 
But after we pay our mortgage, save for retirement (2 401ks), save a bit for college (3 kids), pay for our kids' extracurriculars, pay for home repairs and improvements as they come up, etc
we live a pretty simple life.
We buy clothing at the Gap on sale and only when things wear out, dinners out are at Nando Peri Peri (and maybe twice a year at someplace decent downtown). 
We can afford to fly to Europe (5 tickets) every other year or so (but we watch fare sales for weeks and we scour the Airbnb listings to find a nice but cheap rental). 
So while we live a very nice life we're also watching our spending at every turn so that we can afford things like international tickets every year or so.

[b]If $400k gets you this, who can afford all those luxuries that surround us here in DC? [/b] I sometimes wonder.  Are there that many people who just make an infinite amount of money?

[/quote]

ppl who don't have 3 kids...[/quote]

Bingo! thats is where your money is going. Those of us that thoughtfully stopped at one child happily can afford to enjoy DC and beyond -- not every other year but every year. DH and I stopped complaining once we hit 100k and we kept growing financially. You are beyond blessed. Stop and smell the roses.

I really don't understand the folks who make 400k, have 3 kids, and complain that their money goes so fast. It's like they hit a certain income threshold and they brashly decide that they too can be like those rich folks we always see on TV who have 3 or 4 kids. A 400k income is common in this area and it doesn't get you far. It can put a roof over your head, food on the table, and lets you set aside a bit for later but you certainly can't do luxury shopping or travel all the time.[/quote]

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