Reply to Ever seem like people in the same HHI range as you are much wealthier?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We're probably an example of what you're talking about. My H makes around $700k, I'm a SAHM with a part time nanny, we live in a cute house in a close in neighborhood, we have two luxury cars in the drive way (~50k and 85K), we have season tickets at the Lincoln Center, we have three kids who are in a bunch of expensive activities like horseback riding, private tennis lessons, we belong to a CC, and we go on 4 great week long trips a year plus long weekends here and there.

Our secret is that we don't have any debt so our income goes pretty far. We've managed to save $3M in the last ten years. We bought our house years ago before the bubble so we didn't pay the premium that people pay now. Then when my H's company went public, we sold some stock and paid off all our debt including the mortgage.

Because we're saving so much we feel like it's ok to splurge now and then, such as on the cars, the trips, the renovation projects we've taken on (paid 40k to repave our drive way last year, we're finishing out basement this year, turning our garage into an apartment, etc.)
[/quote]

No, you are not.  You aren't in the same HHI range as 95% of the people on this thread.  You are just rich people that like to buy rich people stuff with your rich people money.  Which is all fine, but your post is really a non-sequitor, the purpose of which was to humblebrag.[/quote]

The point is, our neighbors probably wonder how we can afford the house and still travel like we do or fund our renovations. I’ve heard comments from them like “oh just wanted to see the million dollar driveway.”

My point to OP is that 1.) we bought young and never really wasted money on rent and 2.) we paid off the mortgage very early on so didn’t waste much money on interest. [/quote]

Your Income is 700k even after taxes that's at least 350k you can live off of 100k and save the rest 250k a year you would have alot more than 3M

Your income is what is getting you where you are[/quote]

Someone with 2 luxury cars,  a CC membership, expensive activities like horseback riding, a nanny for a SAHM, season tix, and 4 high end vacations a year with a net income of 450k/yr ( 700k eont net you 450 either, more like 4), plus any renovation at a whim is not going to be able to save anywhere close to 250k/yr. I know because we make the same amount, and dont nearly spend so ostentatiously.

I highly doubt that this poster has saved 3M  in the last 10 years with that kind of drunken spending. More bullsh!t like 90% of what is proclaimed on this site.

Next.[/quote]

And yet it is true. We’ve had a couple equity grants, which we’ve sold for extra cash. That’s helped.

I don’t know what to tell you. DH makes a base income of 300, target bonus is around 400-450. We have a little passive income (no more than 50k).[/quote]

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