We will make more money than my parents. We might make about the same amount as DH's parents.
Although, my parents owned a house before we will. I have school debt, my parents didn't.
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I won't, but DH will!
My parents and DH's parents are very well off, but I'm pretty sure "we'll" make more.
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I personally don't make money than my parents, but my husband does. So together, yes, we make more than my parents.
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Never. My dad's big thing is when we all go out to dinner we aren't allowed to pay until we make more money then him. So never in our lives will be buying my dad dinner!
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We already make more money than my parents. Neither of my parents has a degree and my mom only works part time, so their income is pretty limited. On the other hand, my FIL recently retired as a VP at a huge insurance company, so no, I don't think we will ever make more than my in-laws!
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Probably not. My parents just recently started making significantly more and his parents always made A LOT. We might come close though, years down the line.
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We already make much more than my parents ever did on a yearly basis (each of our salaries alone are more than my parents ever earned).
My parents became homeowners before I did, in part through inheritance money and lack of student loan debt and in part because homes used to be cheaper compared to income (even adjusted for inflation – the deals they got on homes were amazing!). My husband and I have more overall debt (just student loans and mortgage) though.
My FIL and step-MIL both have pensions, which we won't have - so their future is more financially secure than ours, unless we plan well for it. My MIL owns land worth well in excess of $1M and has tons of cash in savings, so she has much more assets than we do, although our salaries are higher than hers.
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Eventually I think we might make more, hopefully sometime in the semi near future we will make the same, but both my parents & DH's parents are very successful people.
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We already make more than both sets of parents, but we're in a lot more debt (student loans, much bigger mortgage $$)
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Nope. DH and I are both teachers. Us combined will make about half as much as my dad does alone!
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We already make more than them, by far.
We do not make more than my in-laws, however. DH's dad runs a really successful business.
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This is an interesting subject, because the world is changing so much. Growing up, my dad had a business and my mom stayed at home until my little brother was in school. So, at this point we make more than them but overall, no, they will make more.
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We have been making more than my parents did for the last few years. We also own a home ("nicer than any house we've lived in" inlaws)... We also make more than inlaws now, but FIL at home point was making $300,000+ (owned a bowling alley) and we haven't hit that mark... yet!
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Nope. We won't even land close to my parents salaries. My dad makes more in a month than I make in a year- not fair. He's a lawyer but he works with lower level politicians, and is a professor for funsies. I opted to try to save the world (as a social worker) instead of making tons of money... when I'm paying my bills I curse that decision! Haha.
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We will. Actually, DH will because I don't work right now. We're well on our way, and are actively trying to pay off debt before owning a home. We pay more in rent, but it's important to me to knock out the debt we have before saving for the down and free up the monthly cash for a nicer house in the long run. I think it's about goals re homeowning at this point. Our goals are just slightly different than theirs were at our age, and like a lot of you, we're in way more debt (education and cc). Overall though we're on track to be financially in a better position, and if I can get him on the one and done mindset with children we'll probably pass them in 3-5 years when I go back full time and he makes more money in his current position.
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We both make more money than my parents and probably always will. My parents have always struggled financially and I often feel guilty that I am already able to afford things that they have never been able to afford :(.
DH probably doesn't make more money than his dad yet, but he will likely end up making more (we're both only 23).
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heck yes. my parents are still in a lot of debt grr. plus their business is really affected by the economy. we have steady paychecks.
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We make more than they did at this point on their lives. My mil is retired, but my husband makes the same as my mom and stepdad and my dad makes more than he does.
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Right now we're making more than my parents do, since my dad took a pay cut for his new job (after being unemployed for years) and my mom doesn't work anymore. In a few years we hope to be making the same amount of money my parents were at their peak (about five years ago). I'm not exactly sure of how much they made but I have a general idea, and we're definitely not there yet!
There are, of course, variables... I have student loans, my dad paid his off many years ago... our mortgage is miniscule compared to theirs... their cost of living down in PA is much lower than ours up here in Boston... can't compare credit card debt since I'm totally unsure of what theirs is like... etc.
I'm just glad we're all staying afloat since 3 years ago my dad and I were both unemployed without any prospect of a new job at all!!!
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Yes, we will be higher earners than my parents. But Mr CF also has a graduate degree (I will be getting my masters eventually too) and we live in a larger city with higher earning potential. Higher COL as well. Our debt is comparable (mortgage) but we have more house now than our parents did an our age.
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Yes, we make more than my parents and a lot more than his parents.
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We do make more than my parents and I dont feel like we make "that much". I mean I work for the gov and DH is Military. Not like those are "huge" paying jobs. My Dad is a pilot for UPS and mom does Admin for a trucking company. Mom did use to be a small bussiness owner.
I feel bad we make more than them. My parents are very hard working people. -
We already make more than my parents on our one income, in part because of having better jobs and in part from having actual degrees. We don't make as much as the inlaws, but hope to make as much as them one day!
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We will probably make about the same as them by the time we reach the peak of our careers. Right now we make more than they did at our age though. But if my parents hadn't paid in full for my college education then we wouldn't be able to do a lot of things we've done (buy a house, start trying for a family now, etc).
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I'm pretty sure we already make more than DH's parents ever did. I don't think we'll ever surpass my parents' income though -- and that's with just one of them working. My dad had a very high paying job. That's just not in the cards for me and DH with our careers, but we can live very comfortably off of our two combined incomes.
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We already make more than the inlaws ever did, but we haven't yet surpassed my parents. My dad's salary alone is more than DH and my incomes combined...and we're not in low paying professions. Considering we've only been in our current fields for a short time (5 years for me and 3 for DH), we do have the potential to surpass my parents eventually.
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If we were living our life at the same time as my parents lived theirs, yes. Due to inflation, health insurance, ridiculous daycare costs and more expensive everything, no. We will always end up making much less than our parents did, even if our salaries are the same or more than theirs were.
My parents and DH's parents are very well off, but I'm pretty sure "we'll" make more.
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