Reply to Ok can we stop saying $300k is "rich" in DC?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]300k gets you a starter home and a used car. Dinners at Chain restaurants, clothes from Kolhs and occasional vacation. It is not rich at all for a family.  [/quote]

Then why do we have all that on 100k?[/quote]
Exactly. The other thread explains how $70,000 is fine for a single/no kids. How can families be making more than double that, so an additional $7,000 a month, be complaining? Even allowing for $2,000 for childcare and an extra $1,000 for a larger mortgage, that still leaves a $4,000 surplus. Add in another $2,000 a month for college and retirement savings, and you still have $2,000 left over. [/quote]

It's nutso. They weep over only having a few thousand dollars a month to live on after paying all their bills, saving a ton, paying for private school and an expensive mortgage. They feel badly about living in a starter home, then sniff that it's "in a different location" than the starter home of a couple living on $100k.

They live really well! But nothing is ever enough for some people.

Look, we have a HHI in the mid-100s, mostly because my husband has a good job while I toil away as a writer. Do we have every material thing we could ever want? No, of course not. We drive a crappy car, I will be paying off student loans till I am in my 50s, I haven't gone on an overseas trip in years now, etc etc etc. But I'd have to be in a real bubble to think that we have it hard. Knock wood, we have it so good I can't believe it sometimes.[/quote]

I'm happy you're a writer, because I enjoyed your phrasing in this (especially the "sniff") :D Another reality-based post here (we need more of these).[/quote]

Ditto this. We live a life of almost unbelievable luxury by the standards of anywhere else in the world and in most of this nation, but we don't vacation overseas or drive luxury cars. We do live in fear that a medical crisis could take it all away. Medicare for all![/quote]

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