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Old 10-10-2008, 06:33 AM
AGDee AGDee is offline
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Join Date: Aug 2003
Location: Michigan
Posts: 15,845
^^^^^ Thanks for that. I think I live comfortably. I have a house (not huge, but it's in a nice neighborhood), I have no trouble putting food on the table. We have more TVs and computers than people living here. I have a (modest) car and will be buying another in a year so that my daughter can use my current car when she gets her license. I can't spend indiscriminately, but we aren't lacking for needs and we manage a vacation every year. I have to plan out when I'm going to make major purchases (furniture, home remodels) and sometimes I have to pay the Girl Scout dues out of the next paycheck because the current one is already spoken for. However, we are far more comfortable than my family was when I was a kid. We live on a budget, but that budget allows for cell phones for both kids and myself with unlimited texting and internet access. It allows for digital cable with almost all the premium channels. That's pretty comfortable. I don't buy designer stuff. My car (new) was $13K, my next one will be $20K, not $40K or $50K, but we're comfortable. I do all this on around 1/4th of the $250,000 salary. We can't buy everything we want the minute we want it, but we're not hurting either. I'm even putting money into a money market every month. If a person can get themselves debt free, other than a mortgage, it's very possible to live comfortably on much much less than $250K. It's why I cringe when co-workers of mine, who make twice as much as I do and who have a husband who makes more than them, complain about not having any money. I want to hit them over the head! I am not using credit cards for anything anymore, unless there is an emergency that costs more than I have in the emergency fund. If I don't have cash, we don't buy it. Few things can't wait two more weeks til the next paycheck. It's really liberating! I think we, as a society, have become far too materialistic.. never happy with what we have, always wanting more.
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