My parents have always been pretty secretive about money and such and I just wondered where they might be placed in the whole financial class system. so here is what I know.
The house they currently live in cost about $570,000
They never take out loans.
The only thing they borrow money for is to buy a house with a mortgage.
They have always paid cash at the dealerships for their cars. (or just written a check I guess)
My dad is one of the vice presidents of a company. I'm not sure how much he makes but if I had to guess I would say 150,000 to $250,000.
My mom is a stay at home mom and has been since my oldest brother was born 20 years ago.
they are in their early 50's if it matters
Thanks!
The house they currently live in cost about $570,000
They never take out loans.
The only thing they borrow money for is to buy a house with a mortgage.
They have always paid cash at the dealerships for their cars. (or just written a check I guess)
My dad is one of the vice presidents of a company. I'm not sure how much he makes but if I had to guess I would say 150,000 to $250,000.
My mom is a stay at home mom and has been since my oldest brother was born 20 years ago.
they are in their early 50's if it matters
Thanks!