News for hackers. Stuff that matters.

A comment on One-Third of Americans Making $250k Live Paycheck-to-Paycheck. Parent comment

Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by nunez on Wednesday June 01, 2022 @12:30PM (#31584336)
why won't she let you buy a BMW if you can afford it without compromising savings goals?
[ Parent | on HN ]
Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by ac29 on Wednesday June 01, 2022 @01:24PM (#31585132)
> my wife decided she wanted to quit her job and bootstrap a business

Because, by saving the money, they had this opportunity.

[ Parent | on HN ]
Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by rayiner on Wednesday June 01, 2022 @02:45PM (#31586308)
Apart from not needing it, it would be rather conspicuous in our neighborhood, and given our small lot we’d have to park it at the community lot a quarter mile away. Lifestyle creep is easier to avoid if buying stuff is inconvenient…
[ Parent | on HN ]
Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by eternalban on Wednesday June 01, 2022 @06:57PM (#31589204)
> it would be rather conspicuous in our neighborhood

It's funny. In my gentrified lower income hood (eastern edge of Bushwick) what is conspicuous is the high percentage count of high end and expensive (e.g. Maserati SUV!) cars. So you guys just need to move to a lower income bracket neighborhood and you can have your BMW.

[ Parent | on HN ]
Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by solarkraft on Tuesday June 07, 2022 @07:45AM (#31652733)
It's not a sound financial decision by many metrics and it seems like they get a lot more joy from financial independence allowing investments in more meaningful things.
[ Parent | on HN ]
Re:One-Third of Americans Making $250k Live Paycheck-to-Payc... by emodendroket on Wednesday June 01, 2022 @12:34PM (#31584396)
Yeah that seems like it's getting into pathological territory.
[ Parent | on HN ]