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

Forum Index » Money and Finances

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

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]

Subsisting on ramen for a couple years is a penny wise, pound foolish strategy anyway.  Really high in sodium and fat.  No wonder this country has an obesity problem.  You can eat a pretty nutritious diet with a little more money and effort- beans, rice, pasta with vegetables, eggs.  Also going back to the original article, there is a lot of space for this family to reduce their food budget ($70 per day?!) without resorting to extreme measures.  With those numbers they are almost certainly eating out for lunch every day.  [/quote]

You are missing the point. No one is suggesting you need to subsist on Ramen Noodles. You can cut down on your food costs significantly by cooking yourself and cooking rice, beans, lentils, chicken and  veggies etc.  The less processed food, the cheaper it will be for you.  Also, have you heard of terms like sales, coupons, seasonal foods and buying from warehouse clubs with other families to get good rates?  Ramen Noodles is a suggestion for the cost of what you pay for the food, not the food itself.

However, how many people know how to cook from scratch?  There is such a lack of adulting that is missing from the post above. Anybody who is scraping by on 350K is stupid and entitled.

What is shameful in the family budget shown is that they are incredibly tone-deaf. They save for college and retirement - huge amounts, they have homes, cars, expensive daycares, vacations, dinners and date nights, huge amount of insurance....and then they say they have no money left?  There should be no money left after spending on a luxurious lifestyle and then saving huge amounts for college and retirement.

Hey dimwit - You have MONEY LEFT over after a very comfortable, luxurious, convenient lifestyle that very few people in the world can afford.  That money is what you are putting for your retirement and college.  :roll:  :roll:

[/quote]

You are spending an inordinate number of hours and mental bandwidth hunting sales and coupons to save what, a couple thousand a year? A high earner does not have the time or the mental bandwidth to do that. And yes, rice and beans an lentils is what the poor eat in the poorest countries. It's called belly filling food. It's fine that your vision is a race to the bottom where people make do with less and less, but personally I am with the $350K guy who sets stands for himself above the poverty line. [/quote]

Yes. You are correct. You do you!  Eventually, the student loans will be forgiven.  It is not as if the govt or bank can come after you if you do not pay off your loans or under debt, right?

Plus, if your house of card collapses, it will be an opportunity to others to swoop in and buy your assets at low cost. Your loss will be someone else's gain.  That is how capitalism works. Carry on.  You are scraping by on 350K. Poor you!   
[/quote]

Actually, both you and I are more likely to go completely bankrupt it this country from a medical crisis, than my house of cards falling down. I don't focus my energies trying to save $3K a year, but in doubling my earnings. Because of it I live well and have enough reserves.[/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics