There is also a huge difference between $150k with no/manageable debt, and $150k with a lot of debt. Some people can't figure out how to budget even with a hig

There is also a huge difference between $150k with no/manageable debt, and $150k with a lot of debt. Some people can't figure out how to budget even with a high income. "I deserve this, I make good money/work hard/whatever" is a dangerous statement.