A Family Earning $350k A Year Is 'Struggling' ?

[left-of-center2012]

Different people have different concepts of what struggling with money really means. Twitter had a field day making fun of a ‘supposedly financially struggling’ family that had an annual gross income of 350,000 dollars. Twitter users were ruthless with their jokes, stating how the only thing that family might be struggling with is probably math, while others criticized the family’s flamboyant lifestyle.







https://www.boredpanda.com/claim-families-struggle-annual-financial-income/?cexp_id=21526&cexp_var=16&_f=featured&utm_source=newsletter&utm_medium=referral&utm_campaign=Newsletter

[left-of-center2012]

1. $500 a month on 'entertainment'?

[Lochloosa]

8. My first thought. Seems a little low.

[catrose]

2. Hey, let me try! I bet I can live on that without struggling!

[Johnny2X2X]

3. Tone Deaf

Jeesh, these people are clueless.

I tell you though, there are a lot of people going broke on $100K a year. Our 2 person family doesn't struggle, but we do shop at Goodwill, Aldis, and rarely dine out on a little over $100K a year.

Middle Class is ill defined today. To live a truly middle class lifestyle you need $100K a year in most parts of the country.

[rownesheck]

15. I'm in the same situation.

And I live in Texas where the cost of living is a lot lower than a lot of places in this country.

[Johnny2X2X]

16. Michigan here

West Michigan, very low cost of living. I save a lot for retirement, but we do not live a fancy lifestyle at all. It wasn't long ago at all that I wasn't making as much money and would have thought, wow, $100K, that's rich. It's not, in fact my dad worked for GM my whole life and our family was better off under his single income throughout the 80s and 90s than I am now.

[virgogal]

4. $7800.00 a year on vacations. What hogwash...they don't have a clue.

[redstatebluegirl]

7. Entitled is what they are.

My husband has been saving for over 5 years to take me on our first vacation in 7 years for our 25th anniversary. $7800!!!! You have to be kidding me. That is the reason we want the tax man to go after these people.

[Initech]

9. Meanwhile I'm trying to figure out how I am paying $800 for a hotel for my Vegas trip in March.

[pecosbob]

5. A third of American families make less income per year than this family spends on food alone

[left-of-center2012]

6. I survive on less than $15,000 a year Social Security

Well, I do get $25 a month in food stamps.

[Shrike47]

10. Boy, I could save them a whole lot of money if I took over their finances.

[Opel_Justwax]

11. My foof budget is $150 per month.

$70 a day is crazy.

[Captain Stern]

12. Accroding to the article, this isn't actually the budget from a real family.

It's a budget some guy made up to show how a family could be pulling in 350k/year and spend just about all of it.

[gratuitous]

13. $300 a month for charity?

Cheapskates. Miserly cheapskates.

[Cuthbert Allgood]

14. This also assumes they are fully funding both their 401K and 529s

This is some clueless bullshit to claim you only have $121 a month for miscellaneous.

[shanti]

17. Poor things

Have to suffer with a Highlander rather than a Range Rover

[Roland99]

18. Sheeeeeeet. Give me that income level over mine right now and...

I’d be debt-free, incl my house paid off, in 4-5 yrs

$4500/mo for childcare??

$8k/yr on vacations? Suck it up and staycation at a local water park

$70/day on food for 4??

We have six in the household and we spend maybe $1000/mo. $1200 tops

[Vinca]

19. I'd like to struggle on that amount. LOL. What's a vacation??