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Reply to "No savings on a high HHI?"
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[quote=Anonymous][quote=Anonymous]OP here. I'm still here and I've read all the responses and brought up a number of them with DH. Thing is, my family lived a relatively modest life even though my parents were highly educated and considered "wealthy". DH's family lived and still live a grand lifestyle and his siblings still do today. They just live in a much much cheaper part of the country. We need to cut out the 3 vacations a year with the family, but he refuses. I can just see his sister right now starting a gossip column with his prep school friends about how we must have money problems because we didn't go to Maine with them. All my research shows that our JKLMM school is a good school but public school? His sister again! [/quote] Then your challenge is a need for some major time with a financial advisor who will tell it straight to your DH. $500K is a super high HHI, but it doesn't feel like enough if you're trying to live as if you make $700K/yr. Living on $100K in this area is totally do-able, unless you spend as if you have a $150k HHI. Sounds like image is very important to him - more important than financial responsibility. I'd be having long talks with a financial advisor, a couples therapist and possibly an attorney.[/quote]
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