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>>150 grand is not a huge family income to support 2 adults and 3 kids An awful lot of families are doing this on 1/3 of that amount.
by chooseaname 5y ago
>>150 grand is not a huge family income to support 2 adults and 3 kids
An awful lot of families are doing this on 1/3 of that amount.
- ksherlock 5y agoWhen you subtract all the retirement savings, they're doing it on half that ($73,000).
- masklinn 5y agoHaving the money to invest and deciding to do so does not mean you don’t have the money. A family on the median household income would have negative net income with that level of investment.
- tudorw 5y agoAbout 46% of US families apparently, https://www.statista.com/statistics/183807/number-of-households-by-household-income-2009/ https://www.statista.com/statistics/183807/number-of-househo...
- Booktrope 5y agoSmall point, but the average household size in the US is 2.5, on half of the 5 people in this household, so you really can't compare their family income to family income statistics for much smaller families.https://www.statista.com/statistics/183648/average-size-of-households-in-the-us/ https://www.statista.com/statistics/183648/average-size-of-h...
- pembrook 5y agoYes, and an awful lot of families in Africa and Southeast Asia are doing this on 1/150th that amount. With more kids. Your point? The existence of more extreme poverty doesn’t change the fact that 150k/yr is not a ton of money to support a family of 5 in most American metro areas.