- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Who is middle class? Their income is lower than you might think
Posted on 10/10/17 at 9:19 am to GreatLakesTiger24
Posted on 10/10/17 at 9:19 am to GreatLakesTiger24
quote:
I fricking wish
I think he was referring to having a family with two kids and only making 50k.
I have no idea what the taxes are on that, though.
0
Posted on 10/10/17 at 9:20 am to SuperSaint
quote:
You seem very based. Also uninformed. Bet you get your assumptions from talking points.
The frick are you talking about?
I know these things from experience.
(Not the tax shite obviously)
But I had to put myself through school and ascend the income scale.
I took a chance on me baw.
Posted on 10/10/17 at 9:21 am to rocket31
quote:
i like 50, but he didnt even know that we had a marginal tax rate system until a thread last year
Wait what?
This may be true but I don't remember that far ago hahaha.
My semi wealth is still relatively new. I was a poor muther fricker for 28 year out of 31 hahahaha.
Posted on 10/10/17 at 9:24 am to man117
quote:
She doesn't work so my 1 year old isn't sitting in a daycare not developing like he should. She's go back to the workforce when he can go to school.
Terrible argument. My daughter is 7 and reads on a 9th grade level. Been in daycare since she was 4 months old.
Posted on 10/10/17 at 9:27 am to Thib-a-doe Tiger
quote:
quote:
She doesn't work so my 1 year old isn't sitting in a daycare not developing like he should. She's go back to the workforce when he can go to school.
quote:
Terrible argument. My daughter is 7 and reads on a 9th grade level. Been in daycare since she was 4 months old.
20 page thread.
Posted on 10/10/17 at 9:32 am to Thib-a-doe Tiger
quote:
Terrible argument. My daughter is 7 and reads on a 9th grade level. Been in daycare since she was 4 months old.
Different strokes for different folks. I'm not saying it's a failure for every child. We tried one daycare, it was supposed to be good. My son cried and cried and stressed himself until he was constantly getting sick. My wife was also stressed with the situation. It was probably too early, he was 2 months old. I'm not putting down parents who use daycare. In my situation, the extra income wasn't worth it. A better car for me, new phones, etc... wasn't worth the sacrifice in time. You can always get stuff, but you don't get time back. We are able to make it work without her working, so that's what we did.
I probably should have worded my response above better. Really good daycares can do wonders with child development, in fact they need to be around other kids. Mines is going into a really good 1/2 day preschool around 2 to start getting that interaction (the same one my older son went to).
This post was edited on 10/10/17 at 9:37 am
Posted on 10/10/17 at 9:39 am to BigPerm30
You probably are.
People just have to be smart with their money. We have some friends that are doing very well financially. I’d estimate on the low end that they’re making a combined $200k/year.
They could live in Hoover or Vestavia (BHam area) and live very comfortably with their kids in good schools on $100k/year. We’re in Vestavia at $80k/year and making it work. They could easily do it on $100k giving them half of their income to save, invest, play, whatever.
But they wanted more so they bought a $800k house in Mountain Brook where property taxes are enormous. They can afford it, sure. I guess. But who the hell needs that much house with that much nice crap they constantly have to update and decorate?
I’d rather buy a nice $350k house and use the rest of my money on fun stuff.
People just have to be smart with their money. We have some friends that are doing very well financially. I’d estimate on the low end that they’re making a combined $200k/year.
They could live in Hoover or Vestavia (BHam area) and live very comfortably with their kids in good schools on $100k/year. We’re in Vestavia at $80k/year and making it work. They could easily do it on $100k giving them half of their income to save, invest, play, whatever.
But they wanted more so they bought a $800k house in Mountain Brook where property taxes are enormous. They can afford it, sure. I guess. But who the hell needs that much house with that much nice crap they constantly have to update and decorate?
I’d rather buy a nice $350k house and use the rest of my money on fun stuff.
Posted on 10/10/17 at 9:42 am to Rize
quote:
I couldn't imagine having a household income of $60,000 in 2017. Now single in my 20's or early 30's I could see that but wife and kids would be difficult.
Depends on where you live and what your interests are. A lot of families live comfortably on $60k. In New York City, $60k... you're kind of poor. In Harlan County, WV $60k makes you rich.
Posted on 10/10/17 at 9:43 am to StringedInstruments
Preach, man. People seem to think success is what you see. I personally don't need half the shite people have. A house is an investment and as long as it fits a few needs I have, I'm happy.
Posted on 10/10/17 at 9:53 am to man117
quote:
She doesn't work so my 1 year old isn't sitting in a daycare not developing like he should. She's go back to the workforce when he can go to school.
Carry on ridiculing everyone Pecker. We get it, be single, slay strange, make money.
Sad, isn't it? My wife doesn't work for the same reason. We have an almost three year old. She temporarily gave up her career to take care of our son until he starts school.
We live a comfortable life on my $70k salary. I choose to work for the county government because it's what I enjoy, so I take less than I would in private practice.
We own a 5br/2.5ba house that we put $95k down on, so our payment is cheap. We own our two vehicles outright. We go on vacations, have babysitters for nights out, have no student loan debt and we pay our one credit card off each month.
Some people don't need to be single with no kids to manage their money and live happy lives. I'm glad that my wife would rather stay home with our son and take care of our family and home. She'll go back to work when he's off to school, but we aren't hurting for money and we're in no hurry for him to grow up so fast since he's our only child.
Posted on 10/10/17 at 10:39 am to GreatLakesTiger24
Average is over. We are trending towards a society of nothing but top and bottom
Posted on 10/10/17 at 12:43 pm to GEAUXT
quote:if I was making an extra 200k a year, there is no doubt a vacation home would be purchased
f you were making that extra 200k would you being going and buy a beach house, range rover, and new boat? No, most likely you'd live the same life just in a more comfortable fashion.
Posted on 10/10/17 at 1:14 pm to GEAUXT
quote:I would be able to afford a home, vacation property, and a boat much faster if I made an extra 200k/year. Most people would be able to afford something (travel, car, boat, better home, etc.) significant that would definitely change their lives. Your premise is ridiculous.
point. If you were making that extra 200k would you being going and buy a beach house, range rover, and new boat
Page 8 of 8
Popular
Back to top
Follow TigerDroppings for LSU Football News