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right 25 grand--no house or car payment because he was in the right jobs at the right time and could afford to buy most families' largest expenses outright (ove
by Avshalom 11y ago
right 25 grand--no house or car payment because he was in the right jobs at the right time and could afford to buy most families' largest expenses outright (over 50% of income between the two)--and he still managed to spend the entire pre-tax income of about 30% of american households.
- zardo 11y agoWell he doesn't claim to live frugally, he claims to live an over the top lifestyle of fabulous wealth and luxury.
- OrwellianChild 11y agoI can't tell anymore whether it's okay by you for people to make money, buy property, or otherwise be better off than anyone else... The man worked, earned money, and bought things with it. Not everyone has these opportunities, true. He got lucky. None of this comes to bear on his present situation. Regardless of whether he has rental income, MMM's managed to whittle his spending down to a level affordable by the median household income in the U.S. On that merit alone, I consider his advice worth listening to (if not taken with a grain of salt to my own personal circumstances).