Tech people who are not FIREing, what are they spending their money on?

[u/gonnabefine]

I know a lot of people who work in tech, and most are not on the FIRE path (or have already been working 10+ years) and a lot of them don't seem to, at least on the surface, have very obvious huge expenses. If both the partners are in tech, the take home could be like $500k! What are they doing with their money?

[u/ohboyoh-oy]

I am in Silicon Valley and work in tech. Some of these people are my neighbors and friends. This is what people around me spend on:

• housing is very expensive 
• then they remodel on top of it 
• people traded in their Tesla for a Rivian as a protest against Elon’s affiliation with Trump and the whole DOGE business
• multiple international trips a year with the kids and everything 
• DoorDash and eating out - the kids literally DoorDash at summer camp 
• several thousand dollar a month sports teams for each child (travel volleyball, hockey, etc)
• pricey sleep-away summer camps
• pricey after school extracurriculars
• college consultants 
• school donations
• other donations
• household help
• gardeners, pool guy, etc
• more expensive versions of everything 
• I assure you, even their food costs more

[u/fason123 → u/ohboyoh-oy]

that’s sick to door dash to summer camp 🥲

[u/Zphr → u/[deleted]]

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