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Reply to "Study shows that 350k/year is barely scrapping by as middle class"
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[quote=Anonymous][quote=Anonymous]The thing about this area is that many of the jobs don't exist anywhere else but here. Thus, many people are stuck with high housing and daycare costs PLUS student loan burdens. It's reaching critical mass with many Fed families desperate to accept positions elsewhere in the U.S. or abroad. The young GS-7 is living in a group house and still getting subsidized by the Bank of Mom & Dad. [/quote] We are a Fed family that chose to not live in DC but the suburbs, while one of us chose to commute to DC for work. In our frugal days, DH was van-pooling to get to DC, because we had only one car and gas was expensive. If you can pay for all your needs and wants and save the amount that is required for kids college and your retirement and get the match, and then still have 1 K left, that is huge amount! :shock: :shock: Are these people for real? How about not shopping at WF or Amazon Prime and instead checking out Aldi's?[/quote]
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