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I think a lot of people, especially here in the United States, are spending more than they are earning. I know a lot of people who are in crippling debt but you'd never know it unless you actually knew their financial situation. I try to keep my costs low and not compare myself to other people.
Pro
I just don't get how that hasn't caught up to some people. Like prices are still high, not enough cars and houses still, its crazy.
I feel plenty comfortable with what I'm making, and I'm thankful for that. I'm very wary of taking on any debt, and I think that's what differentiates me from a lot of my colleagues and even some of my neighbors. People can't spend it fast enough, it seems, and they're never happy with all their new toys. I can walk into a bookstore and afford anything I see, and that's enough for me.
Pro
It's a great mantra to have. I would hope that some of us in the finance bowl are responsible with our finances so I'm glad to hear you and associate 1 are!
Pro
Honestly I’m in the UK and I’m qualified and only £4000 above minimum wage.
As the minimum wage rises, the mid range salaries do not rise from companies. It’s ridiculous
Pro
People like to spend whether they have the money or not. I’m able to save a big chunk of each paycheck and I still feel like I’m scraping by. I’ve always felt that when I get to a certain point I’ll be set. Once I get there, I already have another point in mind.