Reply to Ever wonder how others afford their lifestyle?

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[quote=Anonymous]People might wonder that about us.  We're certainly not extravagant by any means, and in fact, generally live below our means, but we do go on nice trips.

That vacation in Europe?  It was visiting family.  Sure, the airfare was expensive but the lodging was free.  We go to a lot of free events and when we go on weekend trips we always get great deals on Priceline.  Our clothes are mainly from thrift stores.

Our house might be worth $800k or so, but we only paid $200k for it.  Only one spouse works, the other takes care of the kids, so no daycare payments.  In fact we've never paid a dime for childcare for either of our two kids. No student loans.  No debts.  And we inherited a reasonable sum a couple of years ago - we're not spending it right now, but it has taken the pressure off for aggressive saving.

A few weeks ago a co-worker was complaining about some unexpected home repairs.  He is considerably senior to me and his wife also has a senior position in a related field.  Their family income has to be 2.5-3.5 ours.  But a few hundred extra for a home repair was tough for him.  He lives in a small townhome way out in the sticks vs. our well located NW DC house.  The difference = 2 daycare payments + hundreds of thousands in student loans + buying their house 5 years later.  [/quote]

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