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Reply to "How do so many young families have $80k SUVs?"
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[quote=Anonymous]I also see this and think it's wild. But I think it's often family money. I think this is how a lot of families, even higher earners, in this area afford 3 or more kids. Because otherwise even with a larger income, you will have to be frugal to make housing, education, transportation, and travel work with a family of 5 or 6. Sometimes a family we a friends with and who we know has a similar income to ours will make some purchase or go on a vacation that is just jaw dropping for us -- not just a bit spendy but like a 40k vacation or renovate a not particularly dated kitchen with all top of the line everything -- and I always assume some family money around. At least I hope that's what it is because if it's debt I worry for them.[/quote]
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