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re: Here's the budget breakdown of a couple that make $500K and still feel average

Posted on 2/1/24 at 12:11 pm to
Posted by Tiger Prawn
Member since Dec 2016
21858 posts
Posted on 2/1/24 at 12:11 pm to
quote:

why is their car insurance so cheap???
Obviously not in Louisiana
Posted by Tiger Prawn
Member since Dec 2016
21858 posts
Posted on 2/1/24 at 12:13 pm to
quote:

Car payments for a BMW 5 Series and a Landcruiser is going to be a lot more than $9600 per year.

Could've bought used cars and/or put big down payments. The screenshot is also from 2019, so vehicle prices weren't as high pre-covid
Posted by NC_Tigah
Carolinas
Member since Sep 2003
123839 posts
Posted on 2/1/24 at 2:26 pm to
quote:

My policy is $14k and house is worth multiples of the one in the OP. 60k is crazy.
Sounds high. Location can play hard though.
Our beachhouse policies run about $40K in total. Our NC policy (no flood concerns) is about 1/5th that, despite nearly twice the sq footage.
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