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re: I Heard Two Interesting Positions on NPR Today; Do People Not Have Savings Anymore?
Posted on 3/18/20 at 8:38 pm to Dawgfanman
Posted on 3/18/20 at 8:38 pm to Dawgfanman
quote:we're a family of 5 with well over 90K a year and don't have substantial savings. I dont know how people make it on 50 60 or 70k a year.
I was told last night a family of 4 earning 90k a year can’t be expected to have substantial savings.
1
Posted on 3/18/20 at 8:44 pm to arcalades
quote:
we're a family of 5 with well over 90K a year and don't have substantial savings. I dont know how people make it on 50 60 or 70k a year.
What sort of lifestyle do you live? Do you live in an extremely expensive house? Do you and your wife drive new cars every few years? Do you take expensive vacations regularly?
Throughout most of America 90K is plenty to build up healthy savings, if you choose to sacrifice a few luxuries to do it.
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