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Reply to "I don't get the whole "fake rich $250k" thing. We make just under 200k and are more than comfortable"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Op here our mortgage is $2700 and place paid off our student loans in 2006 (we both went to state schools). Would we like a big nice house in Bethesda, sure! [b]But we know we don't earn enough to afford it.[/b] Its just not feasible in this area...[/quote] And, THIS is why $250k isn't "rich." It is comfortable. Very comfortable. But, it isn't "rich." You still have to plan and cannot spend indiscriminately. THAT would be rich.[/quote] I don't actually think that is accurate. My experience watching people become wealthy is that you can never start spending indiscriminately and stop planning. That's a quick way to lose your wealth. The rich people I know are more paranoid than the poorer people I know about protecting their wealth. The richer they become, the more they focus on being careful with their money (and less generous to others)[/quote]
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