Reply to 40% of people making 500K/year are living paycheck to paycheck

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I've seen enough of those "we make $500k but money feels tight" articles to know that most people don't actually know what paycheck to paycheck means[/quote]

In this case they mean after maxing out all their retirement accounts and setting aside automated brokerage investments, paying private school tuition, paying the mortgage on heir huge house, and setting aside cash for their next big vacation and reno, they feel like they don't have enough left over to spring for guac.[/quote]

Exactly, we make like 800k and still shop at Aldies because we need to save so much and pay for private college tuition, etc. It's not a glamorous life, everything thinks it is.[/quote]

If you make 800k and are still pinching Pennie’s at the grocery store you’re doing it wrong. Stop wasting all your money on private school and the idea of private college. [/quote]

+1 That's a choice. It's actually a glamorous choice! Sending your kids to whatever college they want and get into even if it's 100k a year? That's a lot more glamorous than Whole Foods, babe.[/quote]

If you make 800k a year and can't afford both private college and Whole Foods, that's a personal problem. [/quote]

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