Reply to Money Diary of a Bay Area Housewife with a $1.3M joint income

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Doesn’t “joint income” imply 2 jobs? I ask this as a SAHM. Also their net worth is crazy crazy low at that income.[/quote]

This low net worth high income is more often common then not.

It’s extremely hard to get wealthy through a W2 income. People refuse to accept this.[/quote]

I’m the Pp and our W2 income is 300-400k bonus depending. Our net worth is almost $3M at a similes age.[/quote]

The exception is not the rule. Why do people like you do this? [/quote]

DP.  Because they’re not wrong. It isn’t hard to become wealthy when you’re making $300k+ per year. You have to just live within your means. [/quote]

Is this a joke?? Someone can become wealthy off of 300k income in 2021... you can’t be serious.

Maybe we have different ideas of wealthy. But 3 million is not wealthy.

The middle class/upper middle class are delusional af. And it’s so sad. [/quote]

I’m the first pp and I never said wealthy. I said the author’s net worth is crazy low and it is. We have almost $3M net worth in our late 30’s. It wasn’t hard at all but you can go buy every last thing your heart desires, like many do.

Your minimum net worth should be your aged your annual pretax income, then divided by 10. We are almost doubt that calculation. And the author is nowhere close to it.[/quote]

That only makes sense if you don’t have a trust fund.  I know because I do and this lady does and probably the husband too.  I am not a crazy spender, but I also don’t really track things with percentages, multiplication and division.  It’s just not necessary.  [/quote]

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