Reply to Being lower middle class and living well

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[quote=Anonymous][quote=Anonymous]I'm the OP! I haven't had a chance to read this whole thread but let me just apologize if my post was misconstrued. It was not directed at the conscientious savers who live reasonably and have to account for many expenses, but I luk in various DCUM forums a lot and it seems to me that many people here are indeed out of touch with reality. There are people here who earn $170k got a family of four and say they struggle but the only place where I'd see a legitimate struggle there is saving for college (college is too expensive now) and having to cover health costs if your insurance doesn't extend to the kids, which would suck.

Also I do max out my 401 and Roth ira from the amount I save each month and the rest goes into the savings account.

I could invest in stocks I know but up be honest I'm not good at evaluating stocks and wouldn't know how to do it, so I don't want to risk losing my money. And I don't want to pay a broker.[/quote]

You aren't in the stock market at all? Huge mistake. Also how c an you be maxing your 401k and an ira at just 1400 a month? Thhat is not maxing out.

It is great you are so frugal, but you need to run the numbet for kids before you act so superior. Childcare alone for an infant will be over 1400 in this area. The fact is that being lower income around here generally means having to compromise on something: school quality,  home ownership, commute, savings, if not all of these things. Plus your crappy law firm may not be all that friendly to working mothers.

Being single and childless gives you so much more financial freedom and stability than you can even comprehend.[/quote]

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