3 ms·
Married with 3 kids, turning 30 this week, paid cash for a house last year. After tax, I make about $50k / year. My wife stays home. Since Jan 1st I've put $15k
by war1025 8y ago
Married with 3 kids, turning 30 this week, paid cash for a house last year. After tax, I make about $50k / year. My wife stays home. Since Jan 1st I've put $15k into savings, which translates to 30% post-tax (closer to 20% pre-tax). So I'd say it's definitely doable. Probably depends a lot on living in the right part of the country / world.
- EADGBE 8y ago> Probably depends a lot on living in the right part of the country / world. It isn't probably. It's most certainly. However, your scenario is ideal but not possible for many. Financial literacy and responsibility goes a long way in being able to live without working (one day).