Anonymous wrote:How are 29 year old Feds making any money, even the lawyers? The 29 year olds I know are MAYBE GS-14s at the high end. That's not much more than $200k dual. Hell, I just turned 29 and I'm in the equivalent of a GS-13 position and thought I was doing well for myself.

Pretty easy, acquire the minimum 1 yr experience and compete for a promotion via USAJOBs.

I am a fed which I was able to obtain GS-15 by the age of 29(over 5 years ago).
With my DW fed income as well we are in the 280Ks.
We will probably peak at 300Ks, not bad for saving and avoiding overspending on the taxpayer behalf.

BTW, we also are living in a million dollar plus home.
My neighbors are at least 10 yrs old than us, sometimes are like WTF do you.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years? Just wondering.

You can find plenty of studios or one bedrooms for 2,500. A dual income couple is pulling in at around 300k a year. Assume you come home with half of it after taxes and retirement. So you have 150k left. You can definitely live on 50-75k if you don't have student loans. Do this for a few years and you'll have a few hundred thousand in the bank.

We made around 320k and saved 125k in one year alone. It was hard but we managed.

That's great for you, but it doesn't explain the scores of very young couples in $1-2 million houses here.

Why not? You need around 300-400k to buy a home like that. You can definitely save for that. I have a feeling these couples aren't as young as you think.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Only if your parents or grandparents paid for your college and you have no student loans and probably only if they are paying your rent too.

True about the student loans. It doesn't require you having your parents pay your rent. However, when we saved a substantial amount we cut back significantly. Cheap cell phones, barely a cable package, no travel, no car payment, no large purchases, cheap happy hours etc. It can be done.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years? Just wondering.

You can find plenty of studios or one bedrooms for 2,500. A dual income couple is pulling in at around 300k a year. Assume you come home with half of it after taxes and retirement. So you have 150k left. You can definitely live on 50-75k if you don't have student loans. Do this for a few years and you'll have a few hundred thousand in the bank.

We made around 320k and saved 125k in one year alone. It was hard but we managed.

That's great for you, but it doesn't explain the scores of very young couples in $1-2 million houses here.

Anonymous wrote:How are 29 year old Feds making any money, even the lawyers? The 29 year olds I know are MAYBE GS-14s at the high end. That's not much more than $200k dual. Hell, I just turned 29 and I'm in the equivalent of a GS-13 position and thought I was doing well for myself.

I'm not on the GS scale and I'm making over 175k. My husband makes around 180k salary plus around 100k bonus. We purchased a home without any family help. I can imagine some people might be surprised by our salaries and assume we make a lot less.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Only if your parents or grandparents paid for your college and you have no student loans and probably only if they are paying your rent too.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years? Just wondering.

You can find plenty of studios or one bedrooms for 2,500. A dual income couple is pulling in at around 300k a year. Assume you come home with half of it after taxes and retirement. So you have 150k left. You can definitely live on 50-75k if you don't have student loans. Do this for a few years and you'll have a few hundred thousand in the bank.

We made around 320k and saved 125k in one year alone. It was hard but we managed.

Anonymous wrote:How are 29 year old Feds making any money, even the lawyers? The 29 year olds I know are MAYBE GS-14s at the high end. That's not much more than $200k dual. Hell, I just turned 29 and I'm in the equivalent of a GS-13 position and thought I was doing well for myself.

Depends on GS-14 complexity. GS-14 here that takes home $165k/year. The dual GS-15/14 couples at my take home over $300k.

My DH is the $-maker. He was able to start his own consulting firm when we were young because I had the stable job and health benefits.

Anonymous wrote:How are 29 year old Feds making any money, even the lawyers? The 29 year olds I know are MAYBE GS-14s at the high end. That's not much more than $200k dual. Hell, I just turned 29 and I'm in the equivalent of a GS-13 position and thought I was doing well for myself.

If you are a lawyer fresh out of law school, they start you at a GS-11 or 12. It usually takes a few years to get to a GS-14. Most people are at least in their early 30s when this happens.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Excuse me, but where does one rent an "inexpensive apartment" in this area such that they can save 300-400K in 5 years? Just wondering.

How are 29 year old Feds making any money, even the lawyers? The 29 year olds I know are MAYBE GS-14s at the high end. That's not much more than $200k dual. Hell, I just turned 29 and I'm in the equivalent of a GS-13 position and thought I was doing well for myself.

Anonymous wrote:

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

Actually it does. You can definitely save 300-400k over the course of 4-5 years if renting a relatively inexpensive apartment and no children in the picture.

Anonymous wrote:I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Yeah, you weren't born to multimillionaire parents. I can't believe the wealth here among young people. And no, being a dual fed couple or a law firm associate does not quite make it add up. No one can deny that there are a lot of people here with inherited wealth. There is a row of new build McCraftman homes in our area that go for about $1.8 million and the couples who live there don't even look like they are in their 30s. Wow.

I must be doing something wrong with my life. 29 affording a million dollar home. Jesus!

Lol. Too funny. Long ass rant to enforce why you can afford a house.... loser.