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]I've never understood it either OP.  We make $200K and have more money than we know what do with.[/quote]

Is this from two people working and do you have kids?  Most people are strapped because of childcare and housing costs.  [/quote]

And having kids may lead to pressure to live in expensive areas with better schools, and to spend on good experiences for the child.

Parents also may want to think about paying for college. [/quote]

We make 100k and have two kids and also have more money than we need.. It's all perspective.[/quote]

That's about $8600 a month, gross. I would love to see what your budget is. Are you saving at all for those two kids to go to college? How much are you saving annually for retirement?  My property taxes alone are $10,000 and I live in a DC suburb in a 25 year old house. I don't see how you have more money than you need unless you don't own a home, plan to work until you die and don't plan to fund college for your kids.[/quote]

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