More about wealth

Oct 28, 2008 11:58

Okay, so in this breakdown of US household incomes, we learn that the median household income in the US is around $50,000, and a household income of at least $100k puts you in the top 19.26% of households. I think it's fair to say that the top fifth of earners would be rich. If you have to make $250,000 to be rich, then only the top 1.5% of ( Read more... )

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Comments 8

froggirl42 October 29 2008, 01:16:59 UTC
I can understand about money crunching although I didn't deal with it as long as you have. I think I had a dream or two about my school loans being due or something. Being in grad school sucks when it comes to finances. There is just no way around it. The current economy is NOT helping either!

However, it is much better now that I'm done and working. Matt and I have actually been able to make purchases and stuff and will be looking into a vacation this spring/summer. Hang in there. School will end. You will find a job.

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lola_granola October 29 2008, 13:49:04 UTC
Thanks.

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For the love of... ormondsacker October 29 2008, 02:42:02 UTC
Okay, livejournal just ate a three-paragraph giganto-comment. To sum up, what froggirl said, it'll get better. Also, if there weren't an insane number of social strictures and mores and such forbidding it, you could totally have some of my dollars.

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Re: For the love of... lola_granola October 29 2008, 13:49:47 UTC
That's sweet. I appreciate the sentiment, but I'm not quite to the point of taking on long-distance sugar-daddies. Yet.

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Re: For the love of... ormondsacker October 30 2008, 03:25:01 UTC
It pisses me off, though, 'cause I did the time living in a $240 apartment with a fold-out bed and ate ramen and got pulled over for skin-color inspection. Now that I have as much cash as covers the immediate luxuries, why can't I just throw checks at people? You over there, you seem sad, have dollars! Stupid non-communistic-utopian society.

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Re: For the love of... lola_granola October 30 2008, 16:19:59 UTC
I don't know that people really have a problem with it. I think if you wanted to pick one person (not me) who you know needs money and give them, say, $100 a month, that would be fine. It's not like you'd go around advertising it, and I think those who did know would be supportive.

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lola_granola October 31 2008, 15:21:32 UTC
I enjoyed reading your other post and did not find it pedantic.
Yes, I'm well aware that living in one household will help. (On the other hand, we'll be in San Diego, where rent is way higher than it is here. Right now Dan lives on-campus, sharing a 4-bedroom apartment with 3 strangers, so his rent isn't actually all that high.)
Yeah, I realize that owning a home can be a hassle in the upkeep regard. (That's kind of like the owning your own airplane point above.) On the other hand, the place I live in desperately needs new windows, and if I owned it, I could do something about that.

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