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[quote=Anonymous][quote=Anonymous]Debt. Inheritance. I used to puzzle over this, but now realize a lot of people in my very wealthy area have inherited wealth. We a live modestly on our $300k HHI and feel poor! A friend who spends like crazy on designer bags, clothes, nice cars revealed to me that she doesn’t have $6K to do some needed repairs to her house. She has no idea how to cut back on her wasteful spending. It’s an ingrained lifestyle. [/quote] $300k is modest though for joint. These people are each earning that w/stock. It’s the stock appreciation!!! [/quote]
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