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Reply to "Scraping by on $500k"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]18K for three vacations a year? Cry me a river. No one is "scraping by" with that budget. [/quote] That is fairly modest with 500 K HHI, most people in that range who I know spend more (we spend more with ~300 K HHI). Their problem is not vacation - they reportedly spend same on charity (hard to believe, for lawyers especially). Their main problem is a 1.5 M house with corresponding mortgage and prop. taxes, apparently bought with little down.[/quote] We grossed $532,000 in 2016. We spent $5,000 on vacations. And we have no mortgage.[/quote] Then you are not very smart. I wouldn't want a sad life like that. I LOVE vacations. $5000 won't even cover one nice vacation, well barely.[/quote] I'm not very smart because I don't force my family to travel? I spend my time hosting friends, volunteering and attending my kids' sports events. Feel free to call me dumb over personal preferences.[/quote]
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