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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?

To: Wyätt Gwyön who wrote (37407)	8/9/2005 4:56:14 PM
From: GraceZ	Read Replies (1) \| Respond to of 306849

but my guess is the model will just marry up. ....and pay for her lifestyle the way women usually do who marry someone with a lot more money. Forbes had a recent article about what it took to live upper middle class in various parts of the country. It was pretty funny because what it showed is that the higher your income, the higher the expenses were that surrounded maintaining the lifestyle attached with that income. What kind of blew my mind was when they broke out all the usual expenses, the last segment, savings, was ridiculously low. For someone making 180-230k they had yearly savings of $2800. I know people making 30k a year who save more than that. Savings and what you are able to do with it over time will more than make up for a working class income. My husband and I have never made more than working class incomes and we have far more extensive assets than most of the people I know making four times as much simply because we invested our savings early into a wide variety of assets.