That is true, but most people don't make that much.Doom wrote:
I know, kids are pricey (I'm paying some of those bills now, since there's no child support or alimony), but 60+ k a year should be enough to at least pay a 'sudden' bill for $100 without going deeper into 'poverty'.
I'm not trying to say knowing what to do with your money isn't important (it is), but if you're making the more common salary of 10k-20k, you are basically paying bills and that's it. No new cars every year, no new boats, just cheap, bare bones food and rent. And no amount of hard work will pull you out of that situation without some sort of great fortune. And even that's not guaranteed (See: pretty much everyone who's ever won the lottery ends up being worse off financially than they were before).