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| Topic | Are upper middle class or rich people ever in huge debt? |
| Cuticrusader09 03/10/22 8:03:45 AM #41: | EyeWontBeFooled posted... 48% of people making six figures or better said they lived paycheque to paycheque in December of last year. You basically think that since you make that much money you deserve a certain standard of living. But if you have rent (or a mortgage), an auto loan, and student debt you cant afford that. Doesnt help that they think they deserve the fancier cars. My husband makes 6 figures. I do not work. But we live just pretty much at the level when I was on my own (spend a bit more since we have 2 kids to take care of). We both have 10 year old cars. We live in the house that I bought on my own (we would qualify for a loan for a house 3x as expensive on his salary). I have an iPhone 8 that I just changed the battery on because I dont see a need to upgrade. He has a cheap Samsung we got for $150 a few years back. We dont go out to eat. That is expensive. I dont buy the cheapest cuts of meat, but it sure as heck is cheaper to feed a family of 4 at home. --- AC - Violet on Penny. (N), Rose on Sapphire (S) ... Copied to Clipboard! |
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