pbrower2a
Atlas Star
Posts: 26,859
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« on: September 13, 2014, 10:23:39 AM » |
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If I were making $400K a year, I would not be spending so recklessly. Buying expensive cars and houses is no way to create wealth; such dissipates wealth. OK, if those are necessary for purposes of business, but otherwise -- your kids may need some help in attending a high-cost, first-rate university. Harvard ain't cheap, and if you want your kids to do as well, you had better have a profitable business to hand down or be able to get your kids to a school that can keep them in the upper-middle class.
$400K income is rarefied air in a country in which many are lucky to make $15K a year.
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