I wish I could vote this up more. So many folks I've talked to who have been 'losing ground' even though their family income was comfortably over $150K (in the bay area) and then done a walk through the 'little things' only to discover $30 - $40K of expenses in there.
Most often it seems that this came about where they reached a point where their income meant they didn't really need to 'save up' for things, which lead to a 'don't care' attitude which lead to spending money on things and experiences that were not expensive but not valuable.
Most often it seems that this came about where they reached a point where their income meant they didn't really need to 'save up' for things, which lead to a 'don't care' attitude which lead to spending money on things and experiences that were not expensive but not valuable.