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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][quote=Anonymous]We are wealthy on 350K with a SAHM. Feel very fortunate. [/quote] This point was also made earlier, 350k single earner household with a SAHM is a different story than 2 working parents earning 350k combined.[/quote] This is a whole different ballpark. First. A two-earner household pays double FICA taxes. They also have the added expenses of childcare, extra commuting, dry cleaning, etc and are more likely to outsource due to the time crunch.[/quote]
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