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Reply to "America is in an economic tailspin. Why does life feel so normal?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I paid my house off last year. Nothing fancy, bought it 18 years ago and added onto it, mostly myself. Its far better than I could live in if I had to pay someone else to do it for me. We live on one salary, mine, albeit its GS-15. I'm 42. I have 150 grand in the bank, cash savings. We drive old cars, clean our own house, and cook our own meals at home. I repair my own older iphone when it breaks (they do). I'm having to telework but grateful to have a job. (Just because I'm debt free doesnt mean I'm expense free.) People in bread lines in BMWs had the income, they just chose to spend it and not build up a 6-8 month savings. Maybe now they'll learn. [/quote] : :roll: Yes, PP, surely the economic hardship millions of Americans face is a reminder to look in the mirror and consider how much more virtuous and deserving you are. Since the book of Job. Some things never change.[/quote] +1. And while I don't begrudge anyone their GS-15, a GS-15 salary puts you in the top 5% of earners in the country. And it's unlikely that GS-15 will ever have to worry about being laid off or losing their job due to economic concerns.[/quote] For a family of 5....in this area....it aint top 5%.[/quote] That was kind of the point of the person that posted that we aren't seeing the struggles because WE ARE EATING THE CAKE. And not for nothing, if you are the GS-15 that posted the original message, you might reflect upon how you were able to achieve your financial stability other than just scrimping and saving - you likely haven't been out of work in the last close to 20 years and if you have 13 years to retirement you will make an additional $2.2 million dollars in gross income pretty much guaranteed. And the fact that you have a spouse that doesn't have to work to put food on the table makes you very fortunate indeed. [/quote]
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