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Money and Finances
Reply to "Ever wonder how others afford their lifestyle?"
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[quote=Anonymous][quote]My DH had a buddy that was in the exact same job as him and purchased a nice luxury car. My DH asked him how he does it because no way could he have afforded the car after 401K and savings. His friend laughed and said he does not do 401K or save. So for that situation, there you have it! [/quote] This. I had a friend that used to say "I like my money now!" He thought that saving for retirement was absolutely nuts. I think it really varies. There's a couple I know and have met both sets of their parents. Both sets are wealthy, lovely, generous people. Couple bought a new house at $435k in mid-20s and they both work non-profit jobs. It's kind of a no-brainer that they got the money from their parents, at the very least for a large down-payment. Interestingly, I have never gotten anything from my parents but wouldn't turn it down if offered with no strings. We have no debt but also I am incredibly cheap so right now won't take nice vacations or buy anything not used until I know my DC's college is as paid up as possible. Once that is in good shape and my kid is a bit older, maybe we can all go on a nice vacation. I also think that most of our friends think we are relatively poor compared to them, given our old cars, the fact that we are still in a "starter" house. [/quote]
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