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Money and Finances
Reply to "Net Worth of 2.4M 41 years old and feel poor"
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[quote=Anonymous]OP, you 'suffer' from a lack of leverage. Your house is paid off. You could take that $500K, put it on a bigger nicer house - say $1M (if that is what you want), and still have a modest mortgage of say $2500 per month which would be extremely manageable, and with deduction, it would be less than that. If you take pride in savings and paying things off, you will always have less 'stuff' to show for it but you have traded peace of mind for those other things. I agree with the 'spend a little' sentiment above. Go on a vacation or buy a new car. To me, savings is like being on a strict diet, you need to have an Oreo once in a while to make sure you know what you are missing. [/quote]
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