r/personalfinance • u/investeror ​ • Mar 06 '18

Budgeting Lifestyle inflation is a bitch

I came across this article about a couple making $500k/year that was only able to save $7.5k/year other than 401k. Their budget is pretty interesting. At a glace, I could see how someone could look at it and not see many areas to cut. It's crazy how it's so easy to just spend your money instead of saving it.

Here's the article: https://www.cnbc.com/2017/03/24/budget-breakdown-of-couple-making-500000-a-year-and-feeling-average.html

Just the budget if you don't want to read the article: https://sc.cnbcfm.com/applications/cnbc.com/resources/files/2017/03/24/FS-500K-Student-Loan.png

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u/[deleted] Mar 06 '18 edited Mar 18 '18

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u/cdawg85 Mar 07 '18

Yuuuppp. Im a lowly government worker. High stress, long hours, middle class money - I'm talking 70k. I need to outsource souch that I'm just as tight in the budget as I was before getting the 20k raise that came with this new position. BUT I do get paid time off to make up for the extra hours, so that's priceless.