I just read elsewhere one of the most insane comments I have ever seen. Basically, some guy makes $250k a year, but thinks that is only middle class, and that he is only somewhat getting by. This despite acknowledging the fact that only 3% of the population makes that much. You can't be MIDDLE class if you are in the top 3%!
And what is causing them to struggle with their "middle class" money? 4200 sq. ft. house in an affluent neighborhood, 2 kids in private school, only 2-3 week-long vacations a year, and investing heavily in college and retirement funds (which I have no problems with).
What really kills me is that he thinks he is very frugal. And that may very well be true for someone who makes $250k a year. However, the vast majority of the population do not make that much, and have had to eek out a life with much less. So PLEASE do not tell us how to be frugal like you. For you, frugality is buying the 42" TV instead of the 50". For the rest of us, we have real choices and real sacrifices to make in our version of frugality.
$250k a year not enough?
March 26th, 2011 at 08:06 am
March 26th, 2011 at 09:50 am 1301133001
March 26th, 2011 at 12:27 pm 1301142472
March 26th, 2011 at 07:42 pm 1301168520
April 1st, 2011 at 08:51 pm 1301687498
Jerry
May 4th, 2011 at 06:17 pm 1304529443
May 27th, 2011 at 11:40 pm 1306536035