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RE: Are you a Slave? I was a slave to the American Dream. Learn how I escaped.
Read this recent article about debt Americans are in. http://www.theatlantic.com/magazine/archive/2016/05/my-secret-shame/476415
For what its worth, technically speaking I squeezed into the "1%" club of Americans, but I assure you in many ways I still go paycheck to paycheck and I live pretty frugally... it sure as hell doesn't feel like I make much more than right out of college... Most of my worth is tied up in business or otherwise "out of my reach". I couldn't tell you the last time I went on a vacation. I drive a used Prius C (C stands for cheap, or maybe compact), and have a payed of FJ cruiser. It pains me to see friends making a decent living buying a $70k vehicle. I want to slap them in the mouth. It also pains me whenever I see friends get a promotion and immediately buy more house. I live in the same house I bought in 2005 when I made $46k per year and I aim to pay the bitch off and rent it out. I'm trying to build equity, not trade up.
If more people understood what living within their means is, and that doesn't mean buy it if you are able, we as American's wouldn't be in the sorry situation we are in.
You, my friend, have the right financial mindset. It is very hard to get people to live within their means.