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re: Feeling broke on a $665K salary
Posted on 1/22/24 at 9:31 am to MsState of mind
Posted on 1/22/24 at 9:31 am to MsState of mind
quote:
Last but not least my wife and I make more money than we ever have and with two kids still aren’t sitting on a pile of money at the end of the month. We survived on $100k a year combined but pushed $250k last year. You would think we would have saved a lot but didn’t. Financial restraint is important no matter what you make.
I think this is the toughest income range. It is a big jump in income but typically comes with a big jump in spending. That spending isn't buying designer brands and frivolous purchases, its better schools, food, cars, houses, and vacations. Even with just a little bit of spending increase in each category there just isn't a lot of left over at the end of the day after typical savings (401k, etc).
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