"Warren and Tyagi demonstrated that buying common luxury items wasn’t the issue for most Americans. The problem was the fixed costs, the things that are difficult to cut back on. Housing, health care, and education cost the average family 75 percent of their discretionary income in the 2000s. The comparable figure in 1973: 50 percent."

Whoa.

I found it rich the millionaire said that given that his grandfather gave him $34k to buy as house(0).

(0):https://www.cnbc.com/2017/05/16/millionaire-tells-millennial...

Steps to becoming a millionaire:

1) Family gives you money.

2) Don't squander the money on hookers and blow.

3) Use life opportunities that having wealth brings to create more wealth.[1]

4) Congrats, you're a millionaire.

Anyone can do it!

[1] They say "you need money to make money" and speaking as someone who has both lived with no money and now lives with lots of money, it's sooooooo true. The more money you have the easier it is to acquire even more money.

well i saw the storm on twitter where the lady was all "i am old enough o be your damn mama and also i'm black and you should eat the avocado toast because carpe diem" or some shit and it got like 36K likes and 15K retweets. so i figured it was just more of that.

https://twitter.com/tangelaekhoff/status/864667137138360320?...