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Rich Complaining About Being Rich
2 Views • Apr 12, 2019
Description
"Americans are falling short when it comes to saving. Even some families earning six-figures have little to no savings.
As the example of one New York City couple shows, you and your partner could be making $500,000 a year and still end up with very little besides 401(k) money.
Sam Dogen of 'Financial Samurai' breaks down the budget of two New York City-based spouses, each of whom makes $250,000 a year as a lawyer. They’re 35 years old and they have two young children. 'This one couple shared their story and I decided to anonymously highlight their reported expenses,' Dogen tells CNBC Make It, with a focus on why they end up feeling 'average' even though they’re such high earners."
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