Quote:
Originally Posted by Sliver
You totally don't understand the average wealthy person. People interested in becoming/staying wealthy don't drive luxury imports, don't take fancy vacations, don't live in ritzy houses, etc. Your list actually describes the typical millionaire.
People who lease expensive cars, wear fancy clothes and take expensive vacations are often underachievers of wealth.
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I think you totally misunderstand the word FRUGAL as well as a few of the other responders.
I also understand what it takes to be smart with your money. I am able to enjoy many of these luxuries including a great holiday every year and still have enough in savings to ensure that we get to retire at 55. I pick my battles too in order to get ahead.
At the 100 plus income in calgary you can afford both by finding the balance of what you want to spend it on and what you should.
I think we all know human nature and for a province that leads the nation in bankruptcy I find it an incredible coincedince(sp) that this group is well over the statistical average in income and an even bigger coincedince(sp) that they all happen to defy the human average to be a future millionare because they are being frugal.
Oh sure that anonymous poll online about income is sooo true.