Reply to Feel poor at 300k HHI

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Your problem is that you think that you should be swimming in money Scrooge McDuck style on that money. Not reasonable. [/quote]

Why shouldn't they think that? Half the people on this thread have jumped in to point out that they make 17 times the median income or whatever. Either $300k is rich and you should live like Scrooge McDuck or its middle class for around here. Can't be both.[/quote]

Earning $300k gives them choices.  The more choices the higher up the chain.  They have far more choices than the above average family in the area.  They chose the house budget, they chose the school and chose to take on student loans to fund it, they chose to have a child and they chose to have jobs where they can afford to choose a nanny to make things work better.  They wisely chose to fund their eventual retirement.  The choose to spend the remaining $6k a month on things that do not include a vacation.  They could change many of the above reasons choices and choose to take a nicer vacation, or live in a bigger house (probably with a longer commute and/or lower public school rating).    Choices abound.  [/quote]

Problem is they need the tony No Arlington address because of commute and eventually schools. They could 'choose' a cheaper house but compromise on seeing their kid or school quality. Going private saves nothing and wastes money most cases.

I think part of this vitriol is this is a likely dual career working family, both working over 40 hours,  and they use money to fill in gaps (nanny, take out, etc). A lot of $200k families have a $100k+ earner with a teacher or wah arrangement so the lower earner becomes household labor to reduce childcare costs etc. it's even more striking for the families earning $200k with a SAHP, they are mug wealthier than a dual income $200k family. And in no Arlington there are a lot of SAHM (see: MONA). [/quote]

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