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[quote=Anonymous][quote=Anonymous][mastodon][quote=Anonymous][quote=Anonymous][quote=Anonymous]A third of Americans earning $150,000 a year or more say they're living paycheck to paycheck and many rely on credit cards to close the gap, per Moneywise!

150k is the new 20k[/quote]

And these people are unwilling to make sacrifices.  No sympathy whatsoever.

The standard for being middle class has changed. It used to be going to ok public schools and living in a 1,100 sq ft house. Now it's: 3,000 sq ft house, fly everywhere, good schools, centrally located, latest electronic, refuse to get college paid via GI bill, 50k new car, etc.[/quote]

Your post 100%

Normal sized single family homes, those under 2,000 sq ft,  are not being built anymore.

Flying everywhere is a new thing too.  When I was a kid, flying out west every couple years, to see my grandparents, was a big deal.  Other than those trips, vacations were Ocean City.

Our son bailed us out on college by joining the military.  We had almost enough saved for a state school.  By joining the military, he is going to receive 40k in bonuses his first year, in addition to his salary, and they will pay for his college.  Also, he is getting hands-on experience in his field.  I know the military isn’t for everyone, but it’s definitely worth considering.[/quote]

But he is losing years of salary And only one saving money is you by not having to pay for your sons college. [/quote]

How is he losing years of salary?  In addition to his 40k bonus this year he is going to earn 25k for a salary.  65k for an 18 year old is not too shabby.  Hopefully he is smart and saves most of it.

We will probably give him his college fund when he’s older so he can use it for a home down payment. [/quote]

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