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‘We earn £345k, but soaring private school fees mean we can’t go on five holidays’
(www.telegraph.co.uk)
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this post was submitted on 25 May 2025
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I remember talking to a coworker maybe 15 years ago (I'm getting old) about family and money. He said his family struggled, too. I asked some follow up questions and he revealed that his two parents income was in the $500k range, and his sister had gotten a full ride scholarship because of military service. I was like how are you struggling with that much income? My parents combined income I'm told never broke six figures, nevermind half a million per year. I think about this a lot.
I think the richer people get the less they understand value.
Guy's doing fine last I heard. High ranking prosecutor somewhere.
I was making good tech money for a while, but didn't go crazy with the lifestyle inflation. i mentioned to a different coworker I thought I could get by on like $60k (higher than median, lower than average for this region) fine, and he was flabbergasted. "But you spend like $1000 a month in food alone", and I was like what. Rice isn't that expensive. You just don't go out to fancy places when you're on a budget.
Anyway I don't really have a point beyond some rich people are bad at money.