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Reply to "Making $500k and not feeling wealthy in NW"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]People are stupid as shit. If someone makes more than you, you automatically think it's like billions. Newflash 500k a year vs 1 million vs 5 million are different. People tend to lump 300k through 5 billion into the same class of people, being rich and telling them to shutup. [/quote] We've made $500k/year. I didn't feel like crazy OP. [/quote] Do you live in DC, paying for private schools, in a normal sized 3000 SF house?[/quote] Yes. We make more now and I feel positively wealthy. But right around the time we hit $500k is when I felt really comfortable. Other than really big purchases, I really never had to think about money/a budget. That is a huge luxury that most people never get. Of course, it helps that I am not an idiot and didn't think my toilet would be gold plated, too. [/quote] Did you have a large downpayment on your home? That's the main issue around here, housing is very expensive. We had to start from scratch and did very little down on a 1 million. It has grown 20% over the last few years but again it sucks down a lot of income. We are only at 300-360k[/quote]
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