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>When you've got two adults with no kids making 80K a year, "living frugally" and saving money is as easy as falling off a log. Let's do some math. Saving 32k
by clarky07 13y ago
>When you've got two adults with no kids making 80K a year, "living frugally" and saving money is as easy as falling off a log.
Let's do some math. Saving 32k a year on 80 grand is not in fact as easy as falling off a log.
80k - (taxes + tithe) = 52k. we saved 32k per year, so that is 2 people living on 20k. Don't tell me it can't be done, I did it.
For single parents making 28k 20 grand is always going to be a lot of money. That's why I said most, not all. As it happens, single parents with 28k in income is not the median, not even close. There are a lot of people making a lot more than that. I was clearly not referring to the people living at the poverty line. FWIW, ~25% of America makes less than 30k[1]. The other 75% is who my comment was directed to. But hey, it's easier to be snarky than to let facts get in the way.
[1] http://en.wikipedia.org/wiki/Household_income_in_the_United_States http://en.wikipedia.org/wiki/Household_income_in_the_United_...