It made me take a hard look at what we have. We don’t have a million but there’s strong savings, a decent home and two old cars, all paid in full. I always felt that it wasn’t enough.
Then I remembered a friend telling me about her daughter and son in law who make great money but have zero savings due to a rich lifestyle.
Their net worth is hardly anything. I used to agree that there’s a limit to what you can save but no limit to what you can earn.
Now I know that earning way too much is only good for appearances if you are also spending way too much.