Reply to Why aren't you able to live within your means?

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]We don't. But for a family of 4 with supposedly an UMC income (on 2 professional jobs that both require graduate degrees), it feels like we are living a life equivalent to (or even more frugal than) an equivalent family with 1 professional job a generation ago.[/quote]

Sucks to be downwardly mobile.  If you are posting here, then it’s likely that you chose to live in one the most expensive geographic areas in the country. [/quote]

By “choose” you mean go where the jobs are.

Graduate degrees are worthless; you need a professional degree or go directly to work and hustle up the ladder. Grad degrees are a way for the wealthy to put of working for a few more years. [/quote]

True. But Not everyone will be JD or MD and that is OK.

We know many families in smaller cities who have a very nice life on two average job salaries (nurse, teacher, admin assistant, police officer, Electrician, HVAC)

People in DC seem to think that having a graduate degree entitles them to be rich.

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