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Reply to "I Live Comfortably on Less than $70K After-Tax in DC Area"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Ok so just know that the next time this topic comes up, which it will, just know that is one of the big "expenses" people are dealing with when they say 300k is not rich. They're probably saving 30-50k for college. If you yourself attended a private college and had an amazing experience that helped you get to where you are now, it's really hard to think you shouldn't give that to your kids too. So you scrimp and save.[/quote] if you are able to save 30-50k a year for college -- you're pretty well off in my book.... just saying[/quote] Totally agree. I'm the $275k guy who posted his budget above, and I think a lot of these "$300k isn't rich" arguments boil down to "$300k buys my family enormous luxuries and privileges that most people can't afford, [i]but it's not limitless[/i]!" [/quote] Exactly! I can't believe that a poster actually said people earning $300k "are screwed." Sure, if being "screwed" means you can't save $50,000 a year, send your kids to pricey private schools, and go on $10,000 vacations. I think you were the one who posted that you spent[b] $9,000 on travel last year,[/b] and another PP posted how low that is. These are rich people's discussions. The wealthy DCUM crowd has lost sight of the fact that $9,000 is the average family's living expenses for three months.[/quote] I spent a total of $100 this weekend going to watch the eclipse with my son - we could only afford to go because we could stay with family (that covers gas, some food, and a beer). My usual travel budget per year is about $700. And I'm middle class, but still paying off student loans and my car. I make around $70k, have a house in DC (its small, and not in a super "desirable" area but I love it), and am a single mom. That is pretty solidly middle class. The people here complaining that they are poor at $300k should start counting blessings rather than luxuries they can't afford. People who literally think that [/quote]
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