Quote:
Originally Posted by Due
That doesn't mean you are wealthy. You still need to evaluate your purchases carefully.
IE: a mid-class house @ 300K takes 30% of your cash, a luxury car another 10%
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Middle class for $300K? Average cost of home in the US is HALF that. And it only takes 30% if you pay it off all at once. And if you did, guess what, no house payment so less expenses. Hell where I live a $300k house would put you in the top 1% easy.
luxury car? Who says you need a luxury car? Is your self esteem that low you need a luxury car to make you feel good?
Sorry if you give me $1 mil right now after taxes I can make that last.