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Money and Finances
Reply to "450k hhi - lifestyle (cars, houses)"
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[quote=Anonymous][quote=Anonymous]I've heard from others that there is sometimes pressure - subtle to overt - to live a bigger lifestyle so that you're hooked. You buy the lifestyle, you need to keep working. It's getting on the hamster wheel. Just say no. Or rather, say yes strategically. I would look to upgrade his car - but you can get a used Mercedes or Acura or Audi. And yes to wardrobe - get a new suit now and another every three months for him. Upgrade shirts and ties over time, too. Most importantly, have him make sure he's wearing nice, polished shoes. As long as he projects an upscale image, the rest of it doesn't matter. [/quote] Yup this is the best advice here. I would upgrade the car as well but would not get a brand new car. I say keep living modestly - you still have debts. Get rid of that first, THEN think about getting a bigger house, but only after you build a 6 month cushion. Also - you never know when the gravy train will end, so better to be frugal than not. Don't let anyone tell you otherwise.[/quote]
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