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Does anyone actually do that? Buy the porsche I mean. Before having their finances solidly cemented in place. Maybe it's just my Midwestern sensibility (or, les
by LogicHoleFlaw 18y ago
Does anyone actually do that? Buy the porsche I mean. Before having their finances solidly cemented in place. Maybe it's just my Midwestern sensibility (or, less generously, my being a cheapskate), but that is just unfathomable to me.
- josefresco 18y agoI would say it happens, maybe not in the dot com world so much but Americans in general live way above their means. For dot com founders it might not be the Porsche, but rather fancy offices, Segway scooters, high priced staff and company iPhones. My New Eglander sensibility means I'd be paying off debt, investing most of it and making sure my kids have their education paid for.
- blhack 18y agoBeing from the midwest as well, I was horrified when I moved to phoenix and saw all the millionaires driving in their $60,000-$80,000 cars. Then I found out that the majority of the people driving those things make $80-$140,000 a year. People out here tend to live at the ends of their means. Its a cultural thing.