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re: Perfect Annual Salary?

Posted on 7/29/13 at 2:01 pm to
Posted by yellowfin
Coastal Bar
Member since May 2006
97827 posts
Posted on 7/29/13 at 2:01 pm to
you are always going to notice the people that have more than you more than you will those that have less

and lots of them are living on borrowed money

I live off around 100k a year, have a home, 2 vehicles, 2 kids, private school, full time nanny/housekeeper and still have plenty of money left for hobbies. It's all about budgeting
Posted by Salmon
On the trails
Member since Feb 2008
83695 posts
Posted on 7/29/13 at 2:05 pm to
yeah I live off a little more than $100k/year and we have a nice home, our oldest vehicle is 3 years old, a newborn, in-home nanny, go on nice vacations and we still put 25%-30% into savings.

I consider myself "well off". We do not worry about money.
This post was edited on 7/29/13 at 2:06 pm
Posted by Ace Midnight
Between sanity and madness
Member since Dec 2006
89810 posts
Posted on 7/29/13 at 2:09 pm to
quote:

live off around 100k a year, have a home, 2 vehicles, 2 kids, private school, full time nanny/housekeeper and still have plenty of money left for hobbies. It's all about budgeting


There is no way I could afford private school or a nanny. No way.

And we tightly budget everything - have for 4 years. I'll admit the student loan debt is the 600 pound gorilla in the room, but a lot of that is prospective - I've only paid about $7k over the past 3 years, and I'm going to be exceeding that every year for the next 7. However, that's it.

No way I could afford the freight for the stuff you guys describe. I should be in a $200k house, and would be, but for the student loans, but that's it.

AND I'm not maxed out on retirement yet.
This post was edited on 7/29/13 at 2:10 pm
Posted by southernelite
Dallas
Member since Sep 2009
53180 posts
Posted on 7/29/13 at 4:05 pm to
quote:

you are always going to notice the people that have more than you more than you will those that have less

and lots of them are living on borrowed money

I live off around 100k a year, have a home, 2 vehicles, 2 kids, private school, full time nanny/housekeeper and still have plenty of money left for hobbies. It's all about budgeting


um, doesn't your wife have a trust fund?
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