Originally Posted by
ShyGuy
FOs okay, but CA at 70 hrs is still 200k+ year which puts you in the top 5-7% of earners. If you find yourself living paycheck to paycheck and can barely meet your mortgage being in the top 5-7% of earners, you’re doing it wrong.
And after taxes what is that?
Ever been divorced and have to pay alimony and child support while supporting your new family having remarried?
Ever been stuck fighting an insane medical bill after a family member recovers or dies from a serious ailment?
Ever been sued, rightly or wrongly and had a judgment against you?
Try taking care of a old/sick parent in a nursing home.
Try living in the desirable neighborhoods with good schools for your kids in the North East or in CA....
My point is that each individual circumstance is different and a person may not necessarily be "doing something wrong" to be struggling financially earning $200,000 or more...
Yes, there are high earning individuals who are irresponsible with their money, but until you've walked in a person's shoes, I would be hesitant to paint with such broad strokes.....