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Reply to "do your friends elsewhere live as financially conservative as you find people in DC do?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]There are some weird assumptions in this post. We don't live in DC yet we still save 100k for retirement, 45k for college, 1000 a month on kids activities, 4K on kids summer camp, 30-40k on travel. I'm not sure why you think this lifestyle is particular to DC or NY.[/quote] + 1 What you describe is basic UMC all over the country: big savings for retirement and college, high spending on kids.[/quote] +1. UMC in this country is typically well educated; well educated people do these things bc they can afford to and bc they understand what a 401k is and bc they want their kids to go to college with as little debt as possible. The places where it isn't happening is in areas that are economically hard hit -- esp rust belt manufacturing towns; when your choice is pay the mortgage this month or worry about retirement in 20 yrs, you choose the immediate need. Not sure how many uppity folks on DCUM actually know any glass makers in Toledo.[/quote]
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