Comments on: Having a Six-Figure Salary Doesn’t Hurt (But I Wouldn’t Know)

By: JLP

JLP — Sat, 15 Jan 2005 07:18:48 +0000

They probably write about couples because they are both working.

Single people can become millionaires too. All it takes is living below your means and investing prudently. It may take a while but it can be done.

By: Michael M.

Michael M. — Fri, 07 Jan 2005 09:45:07 +0000

I’ll voice the same opinions here, and only add that if they’re relying on a magazine like MONEY to guide their strategies, they’ll sooner or later find themselves parted with nice chunk of their net worth.

By: Dean B

Dean B — Fri, 07 Jan 2005 05:33:03 +0000

Flexo,

Take pride in the fact that you have a lot going for you, irrespective of how much you bring home.

You have seen the light in terms of net worth, budgeting, saving, etc.

Patience is key. In 3-5 years, you will see the fruits of your labor.

Consider yourself part of the select few that have eschewed the ‘I want it now and I’ll pay with my credit card’ crowd.

It will pay off.

By: Flexo

Flexo — Fri, 07 Jan 2005 05:15:52 +0000

KP, you should write in.

By: KP

KP — Fri, 07 Jan 2005 02:35:26 +0000

I was thinking of writing into Money/CNN to see if they would write about me. My wife is a recent graduate and I am in grad school and we can save $1000/month. Our net worth is not as impressive as some of these people profiled, but we make a lot less than $100,000 and are just starting out. They need to profile more regular people so people would quit complaining about how impossible it is to get ahead.

By: gatorsdontsweat

gatorsdontsweat — Thu, 06 Jan 2005 23:39:57 +0000

You’re not the only one. I’m not sure what qualifies as “mediocre-paying”, but I feel pretty much the same way. I’m tired of these “Millionaire in the Making” stories being all about couples with a huge amount of their net worth tied up in their McMansion. I’m not sure I’ll ever own a home, and I think I’ll do just fine. There must be other people in the same boat, especially those who live in areas where property values are outrageous.

Thanks for the link, by the way.

By: Adam

Adam — Thu, 06 Jan 2005 22:36:59 +0000

I like that idea. I would certaintly like to know how other single ppl are managing their sub 30k salaries. Could be titled: “100 thousand in the making”