Reply to Do you rein in the spender in your family?

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[quote=Anonymous][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]

But once you are well on track for retirement and college for your kids, you will see that you become less focused on budget.  You don't worry if you want to buy a new TV or take a nice vacation, etc.  I don't care if I spend an extra $3-5K one month[/quote]

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