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re: Budget Breakdown Of Couple That Makes $500k A Year And Feels Average
Posted on 3/26/19 at 5:47 pm to fallguy_1978
Posted on 3/26/19 at 5:47 pm to fallguy_1978
quote:
Their budget would make me not be able to sleep at night.
No doubt. It's unnecessarily tight.
1
Posted on 3/26/19 at 5:50 pm to VABuckeye
quote:
They may be average for where they live.
It's all relative. Being an average rich person won't make the average American feel sorry for you.
Posted on 3/26/19 at 5:54 pm to OweO
Three vacations a year????...frick man I only got one last year and that was to go back to Alabama to see family.
It sucked......
It sucked......
Posted on 3/26/19 at 5:55 pm to 14&Counting
Two things I don’t mind spending money on is vacations and food. Both are done with the family and we have a good time.
Posted on 3/26/19 at 6:01 pm to OweO
I know a couple with $340,000 income, living check to check with monthly base expenses of $2200 per month.
Its typically unfair to judge someone's budget but frick those people for wasting 180k a year
Its typically unfair to judge someone's budget but frick those people for wasting 180k a year
Posted on 3/26/19 at 6:22 pm to OweO
quote:
I'd cut down the vacations to two a year.
Im out
Posted on 3/26/19 at 6:25 pm to slackster
I need a line item for truck nutz.
Posted on 3/26/19 at 6:41 pm to DarthRebel
Thank you darth
Posted on 3/26/19 at 6:43 pm to LSUfan4444
quote:
quote:
I'd cut down the vacations to two a year.
Im out
I can deal with 2 vacations a year as long as one of them is the house on the coast we rent for 2 months in the summer. Take that away and I'd certainly need 3.
Posted on 3/26/19 at 6:46 pm to OweO
Eliminate charity right away. $18K/yr, GTFO of here with that shite.
Posted on 3/26/19 at 6:49 pm to Breauxsif
If I'm making 500k, only charity I'm spending 18k a year on is drinks for sub 8's at the bar while cruising fer pussy.
Posted on 3/26/19 at 6:52 pm to KG6
Posted on 3/26/19 at 7:29 pm to JudgeHolden
quote:
I need a line item for truck nutz.
10k 'miscellaneous' should cover 2 pairs.
They will only be gold plated
This post was edited on 3/26/19 at 7:30 pm
Posted on 3/26/19 at 7:57 pm to OweO
I have a hard time understanding how someone making $500,000 would have a car payment and a mortgage. I haven't had debt in 10 years, and make I significantly less. I have one in college, a nice home, newish cars yet no debt. How do you have a debt when making that much money?
Posted on 3/26/19 at 8:06 pm to Asharad
They probably have nicer things than you.
Probably made a lot more than you at your age and probably have a lot more earning potential over their career too. Therefore a little debt isn't something to fear.
Probably made a lot more than you at your age and probably have a lot more earning potential over their career too. Therefore a little debt isn't something to fear.
This post was edited on 3/26/19 at 8:07 pm
Posted on 3/26/19 at 8:06 pm to Asharad
Debt is not bad. It can be, but it is not inherently bad. I'll never not finance a house until I'm retired (assuming interest rates dont go above ~5%). No matter how much I make.
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