In Texas doesn't anything over 90K a year qualify you as a billionaire?
I wish.
It can be very easy to feel like you haven't 'made it' yet. No matter how much you dough you make, you're always going to have reminders that you're not the top man on the totem pole.
When I moved into this house, all I could do was marvel at how much room I had. The house I'm in has nearly exactly twice as many square feet as the house I grew up in. These days, all I can do is notice how it's one of the smaller houses in the neighborhood. Thankfully, I'm getting older now and don't care as much about such things as much as I used to.
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I was just wondering about income vs. cost of living. Isn't it really cheap to live out in Texas (in general, I know it's a huge state)? I consider 120k to be pretty great for living in upper middle class lifestyle almost anywhere, and Texas doesn't tax your salary as bad as other states do right?
And yeah, the size of the house is the last thing I ever give a crap about. My biggest concern in life is whether or not I'll have enough money to keep a roof over my kids, pay for their education and support, and eventually have enough left over to retire before I'm shitting my pants.[/QUOTE]
In most cities in Texas 120k is quite a bit for a single earner. For a two member household that puts you in middle/upper middle, for a single member household that puts you at entry level wealthy.
Of course it matters where you live though. Food and stuff is always cheap in texas, but houses can get obscene here just like anywhere else. There are places in Austin and Houston where you are looking at 500k-2 mil for a tiny little bungalow.
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Anyways, going back to the original comment, I COMPLETELY get the feeling of never having enough. I have doubled my salary since I got out of college, and back then I kept thinking "man, this is a lot of money". Now, making twice as much, I am thinking "this is never going to be enough." For my island that is. Have to keep things in perspective.