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Reply to "Why do people who make 500k + not "feel" rich?"
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[quote=Anonymous][quote=Anonymous]Because 85% of my pay is spent on taxes, savings, childcare, mortgage and education. One day I’ll be rich when the kids go off to college. Until then most of my money is going to the future full pay college, childcare required to keep my high paying job and savings. [/quote] You are rich now...and ridiculous if you don't realize this. If you are saying 85% goes to those things, and those things include savings, that means that remaining 15% is discretionary, correct? 15% of 500k is well more than the median income in this country. Your extra money after you pay your mortgage and all your bills AND put away savings is significantly more than most people earn all year. But you don't feel rich? This is why really wealthy people suck. They have so much, but they don't appreciate it and they just want more, more, more. [/quote]
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