I’ve been going to the gym, and over hear ignorant conversation about money.
The ingenious part is these people’s wants outpace their income. They never let their income become capital.
Wealth comes from capital gains, and they go to the dealership and buy vehicles that speak for eight years of their income. Income that as capital would almost double in eight years.
They buy homes that the payments account for a larger portion of their income.
The more thier income grows the more they want. The bigger homes they buy, the more expensive their cars become.
Their wants outpace their income so they keep financing things that speak for what could be Capital. They never get a grip on wealth. And they hate the wealthy for thier own Poor decision-making.
It’s makes them look stupid….