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ezinmn's avatar

Many in their 20's, 30's and 40's are making $100-$200k a year, and with a couple, that's double. They can afford all of this stuff with their cash flow. No doubt they're still in debt up to their eyeballs. If one of them lose their jobs, they're toast. This group probably represents the upper 10-20% of the population, most have a college degree, and most voted against Trump.

Very few have become debt free. Often it's the guy without the fancy house or fancy car. He's the millionaire next door.

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Cankerpuss's avatar

The guy you described is me. Been debt free for a long time but I am not a millionaire.

Median household income in the State of Utah right now is $72,000, I believe. maybe a little higher. Sure, many are making the sums you described above but not all of them. It will always boggle my mind how people manage these lifestyles. When God was handing out money smarts, I was off playing tiddlywinks and not paying attention because I just don't get it.

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elysianfield's avatar

CP,

Jesus saves,

Moses invests....

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ezinmn's avatar

Not to be judgey, but you should feel good about having your house paid off. Many out there with tall hats, no cattle.

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Cankerpuss's avatar

I do, but I often feel a little jealous of those with the bigger houses that have the fourth car garage, covered patio, jacuzzi, etc. Envy tends to haunt me all too often.

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Lugh's avatar

The drab Peahen wants a bright Peacock. But they are visible to the predators and pay for their vitality. What Peahen wants a drab Peacock who doesn't flaunt his wealth? Maybe a smart one (in human terms)? Once she finds out, she knows she can get the drab guy's wealth via the divorce industry.

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ezinmn's avatar

Basic biology I suppose. Maybe the gals can weigh in on this as well.

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