All the eye-rolling laughter in the world can't change reality buddy. Tell me, do you even know anyone that makes 250K a year? I bet you think you do. You're not even an American. What do you know anyway?
If I make 250K a year it doesn't mean I can go jetting off to Monte Carlo every weekend. It doesn't mean I can buy a new Bentley every year. It just means I can have a place at the beach or the lake and my kids won't have to take out loans to go to college. And that's about it. A year of tuition at the best schools in the country right now runs about 50-60K. Multiply that by four kids and you're talking 200-240K a YEAR. That's a big chunk buddy. And I don't know about you, but I tend to think that if you've got to take a loan out to pay for your kids to go to college, you're not wealthy. And if you're well off enough to barely be able to avoid taking out that loan, you're not wealthy either.
If I make 250K a year it doesn't mean I can go jetting off to Monte Carlo every weekend. It doesn't mean I can buy a new Bentley every year. It just means I can have a place at the beach or the lake and my kids won't have to take out loans to go to college. And that's about it. A year of tuition at the best schools in the country right now runs about 50-60K. Multiply that by four kids and you're talking 200-240K a YEAR. That's a big chunk buddy. And I don't know about you, but I tend to think that if you've got to take a loan out to pay for your kids to go to college, you're not wealthy. And if you're well off enough to barely be able to avoid taking out that loan, you're not wealthy either.