Reply to Study shows that 350k/year is barely scrapping by as middle class

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][img]https://s.marketwatch.com/public/resources/images/MW-HR115_downlo_NS_20190911132701.png[/img]

They can cut down - food expenses, social expenses, vacations, car. Go with a 2nd hand prius instead.

Their mortgage was not that high, and they have no student debt. They are saving for college and for retirement and have a 4 Mil insurance policy. This is a cushy lifestyle and not  that of MC.

$70 bucks a day for food? They need to pack their lunch and brew their own coffee. [/quote]

For real. [b]Preschool that costs half the median wage in this country?[/b]  :roll: 
A separate category for entertainment and travel? :roll: 
400 dollars a month on clothes? What do they do, wear something 2-4 times then throw it away?
70 dollars a DAY on FOOD?! [b]25k a year[/b]?
38k put in a 401k? That’s MORE THAN TWICE the yearly salary of someone making the federal minimum wage.
Spending close to 60k on school+childcare for two kids? That’s about what the median family EARNS in one year!

And then still having 1,456 left over at the end of the year?! Unbelievable how clueless some of you are. Absolutely unbelievable. I actually hope those of you posting “oh 200k isn’t much, oh 300k isn’t that much” are trolling, because if not then I’m just speechless.

And y’all wonder why the rest of the country either wants to either tax the hell out of you (‘cause I guarantee you when all the dems talk about raising taxes on the rich, they’re talking about [i]you[/i] ), or holds you in such disdain that they voted for Trump. Smfh.

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So what should I do about preschool?  There isn’t a preschool less than 25k for a full day program within an hour of my house.

[/quote]

Most of us “poor” (the median wage earners) people don’t do preschool, much-less full day preschool. If you can afford it though go for it, more power to ya!  It just pisses me off that so many on here consider it a required expense for the MC.[/quote]

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