Quote:
Originally Posted by corporatejay
Yes, the 200k person can do a hell of a lot more, but they are still driving old cars because they can't afford a new one. They still have a mortgage, worry about losing their home etc....
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Not to single out CorporateJay, but this was kind of the point that compelled me to post the above. I mean, sure there's people earning $200k a year that aren't driving new cars because they made a choice but you can't objectively claim that there's a bunch of $200k earners out there driving old cars because they can't afford new ones.
That's got to be a case of losing perspective, imo and confusing ability with desire. If you desire to maximize your house, toys and everything else you own, I guess you could get to a point where you had to drive an old car because you couldn't afford a new one. But there's no way you could convince me it's because that's just how close $200k earners are to the middle class, it would be through some pretty extreme spending habits and a very large mortgage, or extrenuating circumstances.