Originally Posted by PajamaMama
I voted over 100k. We are very comfortable. We don't struggle. And...I don't think we worked 'hard' to get here. We are both college educated (me, 4 year degree; dh, MBA) and he has a job he *loves*. We own everything we have outright except our home, and we're making some pretty mad progress on the mortgage since we recently sold in FL and moved to the midwest. We have health insurance, retirement funds, college funds, and other investments.
How did we get here? We're lucky. We were born into privilege and are whole in body and sound of mind. We had help with college and a down payment from our affluent families. We've never had a medical catastrophe or disabled child or natural disaster happen to us. We are fully aware of our good luck and privilege and thankful for it every day. We both work hard to make sure our children are aware of it too, though I don't want to be 'preachy' to them I do want them to appreciate their good lives.
It kills me to see people say 'we're well off but we worked hard for it!' because I know people who work their @sses off every day but are trapped in poverty nonetheless because of their lack of the privileges I enjoy. I know I don't 'work harder' than anyone else. I do think of myself as motivated and driven to succeed but I know the truth to my financial success is largely due to luck and circumstance. We give what we can charitably in both money and time and encourage our children to give of themselves too, because we know that we don't 'deserve' what we have, and those we would help don't 'deserve' not to have what they don't, ya know?
Originally Posted by Nature
I think you're the very first person I've ever heard say those things..
Dh and I are on SSDI and our yearly income is around 11,000 for a family of 5.
I, too, have to thank you for your post! Wow. You really nailed it on the head. I think that affluence has so much to do with good fortune, health, and where you come from.
Don't get me wrong, yes, I know hard work and a good plan also play important roles, but luck is a huge part.
I thank you for your honesty.
My husband and I are no where near 100k per year, but we live fairly comfortably. We saved big time when we each worked and that plus my husband's current salary was what allowed one of us (me) to be a stay at home parent.
We know how fortunate we are. We have paved our own way throughout our entire marriage. I put myself through college with zero help from my family and my husband and I are still paying off those student loans (happily).
We saved for our house ourselves and we've gotten little to no help from external family, other than a few gifts here and there.
We pay for everything 100% on what we have earned. That makes us live a little more frugally and be a little more careful about spending and saving.
But, don't get me wrong. Not for one second do I ever not feel blessed to live in a Democratic society where we can get a job and make a decent living with a little luck and a lot of hardwork. That is not an option for much of the world.
That is a true blessing.
And I never have for one second regretted taking out student loans to get a college education. That is the one thing that allowed me to come from a family always living below the poverty line to one that is now solidly middle class. I am living the American dream.
I thank my lucky stars for the college loan program because without it, I would not have been able to go to college and improve everything about my life.