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by a_c_s 4099 days ago
As I see it, the size of the dwelling is irrelevant: plenty of americans with high salaries still manage to live paycheck-to-paycheck.

If somebody has a huge house, a high salary and 3 cars but spends all of their money every month, has no savings/emergency fund and aren't saving for retirement then they are anything but wide awake. Rather, they are sleepwalking through consumerism (just like most of their neighbors, friends and family).

1 comments

Cars are a huge waste of money. But home ownership can be a incredible wealth building tool with tax benefits.