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Money and Finances
Reply to "Ever seem like people in the same HHI range as you are much wealthier?"
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[quote=Anonymous][quote=Anonymous]Lots of people live above their means. [/quote] +1. The rate of credit card debt has increased since the last recession. People quickly forget about bad economic times and start living like nothing bad can happen, stop saving and start buying more things on credit cards. Last recession, a couple of my neighbors lost jobs (in dual working families) and had to sell their houses, because they didn't have enough financial cushion to even last a few months. Some people have $1M in the bank, and others have 0, but 2 Land Rovers in the driveway.[/quote]
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