12-28-2021, 07:36 PM
(12-25-2021, 09:16 AM)ken-do-nim Wrote: You never know who is living paycheck to paycheck. Whether you have a $50,000 portfolio, a $250,000 portfolio, or higher, we are way, way ahead of most people.
That's a discussion I had with my Significant Other a few years ago. I kept hearing "How does So-And-So afford that?" (Typically a new luxury car.)
My response evolved to: All we can see is their spending. We have no idea how much money they're making, or where the money is coming from to buy that car. They have inherited it, or more likely, they borrowed it. We don't know if they're making ends meet or not.