Jan 20, 2023
9:38:57am
9:38:57am
I like many on this board have always struggled to understand how people can seemingly afford much more expensive lifestyles when I know that I make as much if not more than they do. The common explanation I have heard is that people likely have much more debt.
That explanation makes no sense to me. You pay a LOT MORE when you finance stuff. You can only finance a lifestyle you cannot afford for so long before your debts become due. It seems like the ability to finance stuff you can't afford should dry up after 3-7 years.
What am I missing?
That explanation makes no sense to me. You pay a LOT MORE when you finance stuff. You can only finance a lifestyle you cannot afford for so long before your debts become due. It seems like the ability to finance stuff you can't afford should dry up after 3-7 years.
What am I missing?
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- Booya Grandma
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Other Related Threads:
I hear this a lot. “Living paycheck to paycheck” (JohnnyC, Jan 20, 2023 at 10:24am)
Insight into how people are getting along financially: (BYU Robert, Jan 20, 2023 at 9:53am)
This is a big part of why Utah appears to be wealthy: (rad dawg, Jan 20, 2023 at 8:59am)
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