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Money and Finances
Reply to "Ok can we stop saying $300k is "rich" in DC?"
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[quote=Anonymous]I think a lot of this depends on how you were raised. (1) Growing up, my DH's family had very little money. His parents also followed the advice to buy the smallest house in the best neighborhood (to have access to a good school district). As a result, my DH could sense that his family had a lower income than most other families in the neighborhood. Now that we make $350,000 HHI, he feels that we are definitely rich (although he does not like to spend money at all). (2) Growing up, my family was upper middle class. We had one of the nicest houses in a modest neighborhood, and I got the sense that we had more income than my classmates and neighbors (based on our vacations etc). Now that we make $350,000 HHI, I feel like we're stretching to do all the things that I used to take for granted (saving for college for 3 kids, saving for retirement, having a nice home, etc). Granted, we live in Bethesda, where people tend to have decent incomes or wealth. [/quote]
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