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Reply to "Do you rein in the spender in your family? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]What does your balance sheet look like? Based on your current spending, how much are you saving per year?[/quote] yea i don’t even understand why high earners use budgeting apps. We simply save/invest a set percentage from our income and as long as it is (for us) 200k/yr i really sign give s single sh!t what we spend the remainder on. We keep all debts and investments/cash on a balance sheet and watch our net worth grow. I really don’t care what i spend at the grocery store or at Sephora. [/quote] We are “high earners” but not wealthy, low savings since we are recent high earners. No inheritance. We must fund all of retirement, college and so forth. I am in a high tax state so the salary is much less in reality. So yes I budget carefully in order to save more. [/quote]
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