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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]My DH and I try to live below our means.  This year we bought a house that cost way less than we could afford.  We're still driving old used cars.  Etc.  I'm usually pretty good about resisting peer pressure.  I'm a lawyer and our HHI is over 300k and [b]have friends kind of balk about our vacation (cheap, local) and other choices and point blank ask me why I don't upgrade considering my income.  [/b]Our goal is financial independence, earlier retirement, funding kid's college fund -- those kinds of things -- rather than a nicer house, cars, whatever.  Occasionally I find it tough to resist the pressure -- like I find myself obsessed with renovating this or that when it's not necessary and probably a bad investment at our home's price point.  My question is -- if you have similar goals to us, what do you tell yourself to keep yourself in line??  I usually pull myself back from the brink but it's tough to stay disciplined.  Tips welcome![/quote]

You need new friends.  Why do your friends know what your income is, anyway?[/quote]

They ask!  Which I do find kinda tacky (esp. Because it's pretty easy to google what a biglaw person makes so I wish they'd just do that insead of making it a convo) but no one's perfect.[/quote]

Well, it's tacky but also I think people would manage money better if they talked about it more. I think you should explain your financial strategy to your friends. Maybe they need help. In The Millionaire Next Door the authors found that doctors/lawyers had nowhere near the savings they should have considering their income because of lifestyle choices. Kudos to you for being an exception to that. [/quote]

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