When So Much Is Not Enough

It's not just people with lower incomes who are struggling to get by: here's one family which has a yearly income of $150,000, and yet is having a hard time making ends meet. How do you make so much, and yet have it be not enough? Check out the article.

How much sympathy do you have for a family which makes $150k a year and is still having money problems?

Written by johnmscalzi Blog about this entry

This entry has 5 comments: (Add your own)

#5 Comment from jan3145
12/19/06 1:35 AM | Permalink

I guess I will be the devils advocate here, coming from our own experience in my home over the last four years :) Circumstances can be devastating to anyone at any level of income. One visit to a doctor turned our world around....within 14 months all of our savings was gone to various deductibles, non-covered services, medications, and on and on. If I hadn't had the money to cover all that, I am sure I would have had to found lesser physicians. Reminds me of the old joke though....you know the one that goes 'What do you call a doctor who graduated at the bottom of his class? Yep, you call him a doctor still :)

Now that we ran through our life savings, I lost my job when I had to go on Long Term disability and yet we are still paying greater than $25k out of pocket every year for my medical care, we just make it work somehow. But it isn't coming from savings accounts anymore, or 401k plans, just right out of our pockets for sure. My husband should be able to retire, instead he has to keep on working so I have good health insurance, along with the Medicare Disability insurance. I feel bad for that family if their situation is similar to this. We don't feel bad about our situation because we see some so much worse off. We feel sad about our situation, but not bad.
#4 Comment from deslily
12/17/06 9:50 AM | Permalink

do i feel sorry for someone making 150,000? lol.. well lets just say i'd love to see them surviving on the 600 a month SS that I have to live on... nuff said?
#3 Comment from fisherkristina
12/17/06 7:19 AM | Permalink

I have no sympathy. It is called living above your means. There are things they could pare down besides "gourmet coffee". There are some people who have money problems no matter how much they earn; the amount they spend is commeasurate with the amount they make. When they made less they were able to get by without these so called things they absolutely "need" now. So why do they need them now? Nope. No sympathy.

Krissy
http://journals.aol.com/fisherkristina/SometimesIThink
http://journals.aol.com/fisherkristina/JoyToTheWorld
#2 Comment from monponsett
12/17/06 2:15 AM | Permalink

I would rob and kill if I only made $15K a year and had kids to feed. In fact, if I caught someone stealing from me because they were too poor to feed their kids, I'd let them go (with a check). Just don't try it when Hub's around... he has guns, and he's actually killed an Iraqi before.

I can recall watching the soldiers going after the looters following Katrina..... and thinking "I'd shoot my sergeant before I shot someone for stealing food in that nightmare...... but if I saw the looter carrying a DVD player, I'd shoot him <twice.>"

That... and the short thing... is why it's good that I never joined the Army.
#1 Comment from lsfp1960
12/17/06 1:19 AM | Permalink

I hope things don't get so bad for them that the dad has to stand on the freeway exit with a sign begging for a handout. I'm sorry I don't feel sorry for them. I don't make that much in 6 years let alone 1 year. Linda in Washington state
http://journals.aol.com/lsfp1960/LindasWorld/

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When So Much Is Not Enough