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Old 08-17-2016, 06:13 PM
 
Location: NY/LA
4,663 posts, read 4,548,055 times
Reputation: 4140

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Quote:
Originally Posted by randomparent View Post
A high-earner and a frugal spouse are an unbeatable combination when it comes to wealth building.
I would say two frugal high-earners are even better.
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Old 08-17-2016, 06:14 PM
 
Location: The analog world
17,077 posts, read 13,364,015 times
Reputation: 22904
Quote:
Originally Posted by Mr. Zero View Post
I would say two frugal high-earners are even better.
That's good, too.
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Old 08-17-2016, 08:24 PM
 
2,813 posts, read 2,112,833 times
Reputation: 6129
Quote:
Originally Posted by randomparent View Post
A high-earner and a frugal spouse are an unbeatable combination when it comes to wealth building.
Preach!
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Old 08-20-2016, 04:53 AM
 
106,654 posts, read 108,790,719 times
Reputation: 80146
more often than not it always seems to end up one frugal person and one not . then the fun starts .
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Old 08-20-2016, 02:05 PM
 
Location: Limbo
6,512 posts, read 7,547,379 times
Reputation: 6319
In the southeast. 27 and single. Close to six figures salary. Not sure on the net worth, but I'm sure outstanding student loan debt brings it down a little.

I like my job, but I can see myself getting bored with it over time. It is hard to walk away from a 35hr/week schedule, though.
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Old 08-21-2016, 12:48 AM
 
1,488 posts, read 1,966,368 times
Reputation: 3249
Quote:
Originally Posted by randomparent View Post
A high-earner and a frugal spouse are an unbeatable combination when it comes to wealth building.
I'm in that exact scenario. My wife doesn't make a lot but is very frugal.

Quote:
Originally Posted by mathjak107 View Post
more often than not it always seems to end up one frugal person and one not . then the fun starts .
Uggh I don't even want to imagine how that would be for me. I never put "frugal" on the list of must have qualities in a spouse. But now that I have someone who is; I understand just how important it is for financial mobility. I wouldn't want even to trade her for someone who has the same personality, makes 4X as much as her but is "normal" when it comes to spending. I think that would lead to a significant reduction of my networth and passive income in the long run.
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Old 08-21-2016, 01:42 PM
 
30,896 posts, read 36,949,177 times
Reputation: 34521
Quote:
Originally Posted by mathjak107 View Post
more often than not it always seems to end up one frugal person and one not . then the fun starts .
Too true.
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Old 08-23-2016, 07:03 AM
 
Location: Florida
11,669 posts, read 17,944,080 times
Reputation: 8239
It is truly unfathomable as to how many people in these forums are making six figure incomes under the age of 35. It's just depressing to read and makes me feel like an epic economic failure. I'm 32 and make $70K in central CT. Where did I go wrong?

Last edited by nep321; 08-23-2016 at 07:29 AM..
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Old 08-23-2016, 08:30 AM
 
Location: Oregon, formerly Texas
10,065 posts, read 7,235,755 times
Reputation: 17146
Quote:
Originally Posted by nep321 View Post
It is truly unfathomable as to how many people in these forums are making six figure incomes under the age of 35. It's just depressing to read and makes me feel like an epic economic failure. I'm 32 and make $70K in central CT. Where did I go wrong?
You didn't. You're well above average. This board is is packed with 5%ers. There aren't many "normal" people here, as in median Americans. I've never noticed very many from the 1% either, but just below that.... quite a few.

If you're too poor, internet service may be a luxury you can't afford or you're working too many jobs to have time to post here. If you're among the 1% elite wealthy, there must be a better use of your time. But for the affluent bourgeoisie.... for whatever reason they like to go online to financial comment boards and humble-brag about their money.

What I wonder is, why don't we see more "average" people on here? We see a good number of "very well off" but not "The Wealthy" on here. We also see some people who are truly struggling trying to get advice. But we see very few of the typical median American whose family makes in the median range of 45-65k.
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Old 08-23-2016, 09:47 AM
 
Location: Florida
11,669 posts, read 17,944,080 times
Reputation: 8239
Quote:
Originally Posted by redguard57 View Post
You didn't. You're well above average. This board is is packed with 5%ers. There aren't many "normal" people here, as in median Americans. I've never noticed very many from the 1% either, but just below that.... quite a few.

If you're too poor, internet service may be a luxury you can't afford or you're working too many jobs to have time to post here. If you're among the 1% elite wealthy, there must be a better use of your time. But for the affluent bourgeoisie.... for whatever reason they like to go online to financial comment boards and humble-brag about their money.

What I wonder is, why don't we see more "average" people on here? We see a good number of "very well off" but not "The Wealthy" on here. We also see some people who are truly struggling trying to get advice. But we see very few of the typical median American whose family makes in the median range of 45-65k.
The median household income in America is $54K. For my area, it's $66K in central CT. I make $70K here. So i guess I'm above average, especially as a single householder. But it still feels average. I live in an average apartment. I can only save about $9,000 a year at best. And buying a "median" home around here costs about $250K. It's tough for a single person.
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