Reply to How many of us make under 100K?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I honestly don't know how you live here on that.  We make twice that and I feel like it's a constant struggle.  Color me impressed![/quote]

See, these comments baffle me. You're living in a different universe to me if you feel like you're struggling on over 140K. [/quote]

np: I know how you feel that way, OP. When I made in the 70s, it was hard to comprehend, to. But people do tend to live up to their incomes, so it's not that uncommon to hear these complaints. I think the definition of "struggling" is different, however. People with higher incomes aren't really "struggling" to survive so much as "struggling" to have everything they want right now. Their choices aren't between say, food or the electric bill so much as between three summer camps for their children or a family vacation. They may also have tight liquid cash flow b/c while they are higher income, they also have higher fixed expenses (housing, cars). Yes, they could have chosen to have more more modest house or cars, but they didn't... So, not having that cash feels like a "struggle" even though they're perfectly well off.

This is me, anyway. [/quote]

+1. They are struggling because of the monthly payments for the Benz instead of the Honda, and mortgage for the $1.5M house instead of the $400k house.[/quote]

we make a lot more than $100k, and are definitely struggling even though we rent a tiny apartment and have a fully paid for mazda3 (which was under $20k).  It's the student loans and daycare tuition for 3 kids that get us.  [/quote]

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