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Reply to "Is it weird to be curious about how much money people make?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here. For context, a friend just bought in a 1.5 mil house in a desirable zip code, got engaged with what looked like an expensive ring, got married earlier this year in a 70k-80k ceremony and is planning an international honeymoon all the while furnishing the house with expensive furniture. I’m just curious what 30 year old can afford back to back expenses like that. The spouse is not a high earner. And there doesn’t appear to be family money on either side. So I obviously wonder what income bracket he must be in to be living like that at only 30. [/quote] That’s all debt.[/quote] This could be me. Just bought a 1.55M house, 31, recently married, honeymoon to Maldives, etc. I make good money 500k+, DW makes 130k+ We bought the house with 20% down, and sold my starter home that I bought prior to being married. No one helped me with the first home, in laws paid for our entire wedding (90-100k), I paid for wedding rings, engagement rings, and honeymoon. Got some money for our wedding (under 25k) and received a gift from my parents for $120k to use towards our new home (furnishing, down payment, renovation, etc) We have no debt other than the mortgage. Not bragging but showing you how a similar person did this at our age. If it weren’t for the paid for wedding, wedding gifts and $120k, would we have bought a home at that price point? Most likely yes, just wouldn’t be as updated or furnished nicely and I’d be much more stressed. [/quote]
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