Reply to Day dreaming about $1 million a year salary

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[quote=Anonymous]We're early 40s and have $1mln HHI. I (DH) own a business and DW works a "normal" job because she enjoys it. Since I own the business, I can set my hours so I work 45-50 hours/week, but split my schedule so I'm at home once our kids are home from school until they go to bed, then I work again once everyone is asleep. Our house is probably worth about $3mln and our mortgage payment all in is $9k/month (though I pay an extra $100-200k a year on it to get it down).

The main benefit is you don't have to think much before you spend. Neither of us spend extravagantly. I fly first or business class for business always, but as a family we'll fly premium economy when we travel abroad. We don't own a vacation house as we just wouldn't have the time to go there to enjoy it. We have a nanny and then a cleaning service twice a month.

Looking at us, you'd never guess it. We don't dress fancy, and neither of us likes jewelry. I bought our wedding rings back when my business was just starting, so the one piece of jewelry we do wear is not fancy either -- my wedding band was $300 and DW's engagement ring and wedding ring was under $3k as I recall.

We give a lot to charity and always request to be listed anonymously if they list their donors.[/quote]

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