[quote=blue_sky]WHAT THE FUCK IS WRONG WITH YOU PEOPLE. 125K is a LOT of money. Concrete example: one of my friends who is under 30, on a single income of less than 80K in San Diego owns his own house in a good neighborhood, that he put 150K down on and drives a (used) BMW 7 series.
If 125K / yr isn’t rich to you: YOU’RE DOING IT WRONG![/quote]
By your logic, $80k/year is rich too. I know a family with 4 kids who makes no more than $60k/year and are coming close to paying their home (in a good neighborhood) off free and clear as well as owning two cars (free and clear as well). So, I guess if you make more than $40k/year/person, you’re rich too. If $40k/yr isn’t rich to you: YOU’RE DOING IT WRONG.