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Started By
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Here's a budget breakdown of a couple that makes $200,000 a year and yet is scraping by
Posted on 10/12/17 at 7:48 am
Posted on 10/12/17 at 7:48 am
this should be fun
Poor little rich kids....
There is a lot more in the article. I just thought it is funny that they are basically say the couple is living paycheck to paycheck while factor in that they budget for 2 vacations, donate to charity, max out their 401k, etc.
Does this look like your budget ballers?
quote:
This lovely family of three living in San Francisco, with two working parents making $100,000 each (hooray for income equality!) are left with roughly $5,700 a year in disposable income after expenses and 401k contribution. Given their total cost is $121,700 after tax a year, that’s roughly $10,000 a month they’re spending.
quote:
Student Loans: $0
A lot of readers who make this income level have pointed out in the comments that this couple is lucky because they don’t have any student loans. They are right! They paid for their education along with the help from their parents.
Poor little rich kids....
There is a lot more in the article. I just thought it is funny that they are basically say the couple is living paycheck to paycheck while factor in that they budget for 2 vacations, donate to charity, max out their 401k, etc.
Does this look like your budget ballers?
Posted on 10/12/17 at 7:51 am to Displaced
quote:
Does this look like your budget ballers?
Nah, I make more and have fewer expenses.
Posted on 10/12/17 at 7:51 am to Displaced
$3,000 for clothes? $5,000 for "children's lessons?
Wtf?
Wtf?
Posted on 10/12/17 at 7:51 am to Displaced
they have more than $5700 in disposable income. they're spending a ton on vacations, consumer debt, clothes, lessons. that's disposable stuff.
and lol at $50k house expenses. peopel is dum.
and lol at $50k house expenses. peopel is dum.
Posted on 10/12/17 at 7:51 am to Displaced
$1,000 a month on food??
Posted on 10/12/17 at 7:51 am to Displaced
Didn't have to read past the first line to laugh. 24k for childcare
Posted on 10/12/17 at 7:52 am to Displaced
This is idiotic.
They’ve got $8k for vacations in there. It’s hardly genuine to say they don’t have any money left over.
They’ve got $8k for vacations in there. It’s hardly genuine to say they don’t have any money left over.
Posted on 10/12/17 at 7:52 am to Displaced
Child support from previous marriage $20K.
Posted on 10/12/17 at 7:52 am to Displaced
$2K a month for childcare?hell naw...momma is staying home.
Posted on 10/12/17 at 7:52 am to Displaced
$700k home? Yeah....that is way too much for someone making $200k
Posted on 10/12/17 at 7:53 am to Displaced
I know it's San Francisco, but do they need a 700k home?
There are so many things to cut back on in this list. 3600 in home maintenance is just a bad year. It should not be that high.
There are so many things to cut back on in this list. 3600 in home maintenance is just a bad year. It should not be that high.
Posted on 10/12/17 at 7:54 am to Coon
quote:
hey have more than $5700 in disposable income. they're spending a ton on vacations, consumer debt, clothes, lessons. that's disposable stuff.
and this
living paycheck to paycheck doesn't mean maxing out 401k and taking 2 vacations a year
Posted on 10/12/17 at 7:54 am to Displaced
San Fran is expensive. This is news?
$200k is nowhere near baller there.
$200k is nowhere near baller there.
Posted on 10/12/17 at 7:55 am to Displaced
I get that this is supposed to be a Bay Area family but anywhere else in country buying a $700,000 house on a combined income of $200,000 a year is pretty stupid
Posted on 10/12/17 at 7:56 am to Displaced
Those two vacations would turn to one real quick.
Posted on 10/12/17 at 7:56 am to Displaced
Putting $18,000 a year towards retirement is not barely scraping by.
Posted on 10/12/17 at 7:57 am to Salmon
and now I read the article and realize this isn't real and the writer just made these numbers up
this is bullshite
this is bullshite
This post was edited on 10/12/17 at 7:57 am
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