Living above one's means
- Thread starter James Daniel
- Start date
'Dress for success. Think like a four star general. Act like one (this will take some education, role models, mentors ,etc)'
Agree to some extent but Dress for Success for me means $200 suits that look good not $900 Designer selections. Until and unless somebody flips them, no body can tell what line they came from.
Let us not forget that 1920s market crash and resulting economic depression was caused by the credit bubble. The problem is those heavy in debt can show their a*sses to the public and make government (eventually public) pay for their luxaries.
I did however liked your comment on 'first making it and then wearing Pajamas in public'.........guess if Warren Buffet starts wearing PJs in public soon it will become a fashion line. ;-)
Agree to some extent but Dress for Success for me means $200 suits that look good not $900 Designer selections. Until and unless somebody flips them, no body can tell what line they came from.
Let us not forget that 1920s market crash and resulting economic depression was caused by the credit bubble. The problem is those heavy in debt can show their a*sses to the public and make government (eventually public) pay for their luxaries.
I did however liked your comment on 'first making it and then wearing Pajamas in public'.........guess if Warren Buffet starts wearing PJs in public soon it will become a fashion line. ;-)
So your used Civic performs as well as an M Series roadster? Wow, that must be some tuning job!!
As to whether your used Civic looks as good as the Beemer, I guess we'll just have to agree to disagree.
Of course, BMW build quality has been declining whereas Honda is still relatively stable, but still...
I understand what you are saying in this thread, but I see these as natural cycles of boom and bust, and I don't really question them or ask plaintive questions about 'Why must it be this way'. If you figure you have a perspective that others don't, the only thing for you to do is to make sure to make money off of it; this is your obligation if you have kids, since you knowingly brought them into the world as it is today. This is nature red in tooth and claw. You have the choice of moving to a desert island, as long as you don't have kids.
With regard to your observation that immigrants or the descendants of immigrants are driving nice cars - I didn't read through the whole thread, but I do hope that if you had a point to make, you had the guts to make it in a subsequent post.
I got it a couple of years ago. 10 years ago I got really sick, couldnât work for a year and got wiped out as I was highly leveraged. I then recovered, made some good money but had no goal.
About 2 years ago I figured it out, save massively, have zero debt. I am so much happier. Freedom is not having debt. I see so much waste around me and I am sickened by it. A few years ago I would have admired it. I used to have massive problems sleeping because of worry but not now.
I live in a neighborhood of multi million dollar homes and the people are generally so unhappy. Everyone judges everyone else based on crap. When you get a peek behind the curtains there are real problems masked by consumerism. Simplify simplify.
About 2 years ago I figured it out, save massively, have zero debt. I am so much happier. Freedom is not having debt. I see so much waste around me and I am sickened by it. A few years ago I would have admired it. I used to have massive problems sleeping because of worry but not now.
I live in a neighborhood of multi million dollar homes and the people are generally so unhappy. Everyone judges everyone else based on crap. When you get a peek behind the curtains there are real problems masked by consumerism. Simplify simplify.
