Originally Posted By: 01rangerxl
Originally Posted By: lovcom
Originally Posted By: 97tbird
LOVCOM:
....They pay same or more than Kmart would. (have several friends who work for walgreens, and they earn betw 120k 130k / year)
97TBird, that kind of money is chump change, and nothing to brag about. Peanuts, actually. I think real money starts are around $200k annually, at the least.
For your friend to make chump change and buy such an expensive car (Mercedes) when MANY cars costing 50% or more LESS are available that are MUCH more reliable are really the way to go. It seems your friend is (1) going for status (very shallow), (2) Does not read ConsumerReports and other sources that prove that MB is not very good and (3) has the dillusion that she will be "missing out" by driving a Camry or Accord.
Your friend and others are a product of the media, and have swallowed the "lie" hook, line and sinker.
And saving for retirement does not have to mean that one goes without during their younger years, if one does it right. Living life to the fullest can be done by one that may never drive a German car costing more then $40k...believe it or not ;-)
Don't buy the dillusions; the lies that Corporate American shoves down our throats...it's all smoke in mirrors ;-)
Tell your friend to grow up, mature, and be more wise with her money....buy Senior Housing Condos; get around 7-10 in the next 10-15 years, and retire early and with $8,000+ in monthly income (in today's dollars)....oh, and for [censored]'s sake get a good investment counselor!
You live in Orange County, CA. In NC, $120K/year goes a lot farther. In fact, it is enough to live in a nice house, have a nice car, and have plenty left over afterwards.
If you really wanted to be responsible with your money, you would move out of Orange County. You are [censored] away a lot of it just living there.
Perhaps $ goes farther in NC, but perhaps just in housing, but for gas, food, and other things, I suspect the difference is not much. Also, jobs in NC don't pay as well as in Cali, at least in what I do, so if you factor that in, then living in NC is not that much better in regard to saving $$.
I think life can be very fulfilling when one does not try to "buy" their happiness with shallow things like an expensive car, or anything really that is more show then utility.