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Re:Redditors earning $100k+ a year, what are your secrets to... by rayiner on Friday February 25, 2011 @03:52PM (#2263743)
For people in typical earnings ranges, the majority of your income is spent on location-dependent costs: taxes, rent, insurance, food, entertainment, etc, not on discretionary spending like BMWs* or iPhones.

*) Also, BMW's only cost you the same everywhere if you pay sticker for a new car. Used cars have significantly different prices in different zip codes.

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