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Old 02-18-2006, 05:17 PM  
wedouglas
So Fucking Banned
 
Join Date: Aug 2004
Location: Dearborn, MI
Posts: 5,921
Quote:
Originally Posted by After Shock Media
I dissagree. Your lifestyle does not have to get more expensive. Nor do I see the point of making money is to spend it. I find it very important to think ahead and and plan for the future. So few have anything to fall back on and even fewer have enough saved or working for them in the future when possibly they can not work.

I know my personal income is pretty damn good. My standard of living though has pretty much remained the same. Only real change is that my house is paid off. I am not spending more on clothes, cars, or other stuff that really does not matter to me. Sure I take vacations that I previously could not afford and things like that. Yet I have made sure I am not building up any recurring debt or payments to enjoy my life. I do not care to much what others think of me or have a need to show off what I make. Afterall my twenty dollar watch tells the same time as an expensive one.
Why make money if you aren't going to spend it at some point? Saving to fall back on is one thing, but saying that you don't make money to spend it makes no sense. Everyone should put money aside for a rainy day. Especially in this industry. But after you do that, you should live a little better.

If you are making 200K a year, have 800K in investments etc, then yes, I think you should start buying the exotic or nicer "things". Those "things" are different to everyone. Some would buy a Ferarri, some would buy a vacation house. Point being, you should spend money.
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