Quote:
Originally Posted by peter12
Outside of having kids, the realm of personal finance is dominated by opportunity cost. Some people are better at making those trade-offs than others. I'm a grad student, make very little money, and I own a pair of $500 shoes. That's not bragging. I sacrificed lots of other things over a long period of time to afford them. It's about choosing to be frugal in some areas, and choosing to splurge in others. I just find that lots of people lack that basic skill.
As many here have said... the extravagance of my fellow generation just blows me away. Lots of peers and friends don't seem to understand that you just can't have it all.
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I have never seen a mens pair of $500 dollar shoes, do they come with a built in TV or something?