- 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: Here's the budget breakdown of a couple that make $500K and still feel average
Posted on 1/26/24 at 11:12 am to Street Hawk
Posted on 1/26/24 at 11:12 am to Street Hawk
I had questions so I found the CNBC article this came from LINK as well as the Financial Samurai article the CNBC report pulls its info from LINK
When you get more info, this becomes even more laughable.
The couple lives in NYC, they own a $1.5M condo in Brooklyn. Not wildly out of range for homeownership in NYC and that explains their taxes. No explanation given for $2,500 insurance on a $1.5M home though.
Their kids are 3 and 5, so the childcare number makes sense but these idiots are spending a grand per month on Mandarin, violin and tennis lessons for kids not too long out of diapers.
Both of their vehicles are leased. 2 large vehicles in a public transit oriented city is dumb.
This example is from 2018, so they actually were roughly maxing their 401ks as the limits were $18,500 in 2018.
When you get more info, this becomes even more laughable.
The couple lives in NYC, they own a $1.5M condo in Brooklyn. Not wildly out of range for homeownership in NYC and that explains their taxes. No explanation given for $2,500 insurance on a $1.5M home though.
Their kids are 3 and 5, so the childcare number makes sense but these idiots are spending a grand per month on Mandarin, violin and tennis lessons for kids not too long out of diapers.
Both of their vehicles are leased. 2 large vehicles in a public transit oriented city is dumb.
This example is from 2018, so they actually were roughly maxing their 401ks as the limits were $18,500 in 2018.
2
Posted on 1/26/24 at 11:51 am to Lightning
quote:
No explanation given for $2,500 insurance on a $1.5M home though.
They don’t need full homeowners; they probably have a HO6 policy that covers from the walls in.. don’t need roof/wind coverage as that is handled by the condo association policy.
Posted on 1/26/24 at 12:56 pm to Lightning
Their numbers have to be completely fabricated.
They don't include utilities, phone plans, discretionary spending.
The entire list is BS
They don't include utilities, phone plans, discretionary spending.
The entire list is BS
Page 1 of 1
Popular
Back to top
Follow TigerDroppings for LSU Football News