Tuesday, August 18, 2009
Anne Hull, Washington Post,
Anne Hull, Washington Post,
Squeaking by on $300,000
Anyone suffering in this economy will do well to read how a banking executive barely squeaks by on $300,000 per year. The follwing story of despair will bring a tear to your weary eye ....
"Morning," says Laura Steins, 47, wearing a dark Armani suit.
- as VP of MasterCard's corporate office she earns $150,000 per year
- she receives $75,000 a year in child support from her ex-husband
- an additional $50,000 from a personal investment
- she lives in a 4,000-square-foot house on three acres
- property taxes are $35,000 a year
- live-in nanny is paid $40,000 per year
- the gardener is $500 a month
- a pool man
- and someone to plow the snow from the quarter-mile-long driveway
- Estimated cost-of-living: $8,000 to $10,000 a month
I wouldn't want her managing my money.
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Posted by Editor on 08/18/09 at 08:03 AM •
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