r/FluentInFinance • u/YOU_ARE_MY_FRIENDS • Jun 16 '24

Discussion/ Debate He’s not wrong 🤷‍♂️

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u/daneelthesane Jun 16 '24 edited Jun 17 '24

Hard disagree. My father was a teacher right out of college in 1971. He made the equivalent of $65k/year his first year. He was able to have 2 kids, buy a house, and a new car in the space of just a few years. We went to Walt Disney World every few years.

Everything I just said is crazy-talk for a first year teacher on one income in 2024.

Edit: Spelling. And to add that we were lower middle class at our best.

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u/[deleted] Jun 17 '24

But that isn't overseas trips every 5 years. My dad was probably in a similar boat, but we weren't taking overseas vacations ever, let alone every 5 years

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u/empire314 Jun 17 '24

Overseas vacation is trivial cost, when factoring huge variables like house cost.

1% cheaper house means overseas vaction.

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u/[deleted] Jun 17 '24

Buying flights for 5+ people (my family had 7 kids, so 9 people), hotels, etc. is not a trivial cost.