Comment by jacquesm
16 years ago
To be able to afford something does not mean you can afford the upkeep of it.
If you live frugal a little goes a very long way.
16 years ago
To be able to afford something does not mean you can afford the upkeep of it.
If you live frugal a little goes a very long way.
Exactly.
A good consultant could probably retire at 55 having set up his family well, private education for the kids, a bit of a trust fund, a comfortable retirement and bit of an interitance and so on. But as I say, this is not what most people would consider "rich". There's a good bit in Wall Street where Gordon Gekko is trying to explain this to Bud Fox. $100k salary and flying business class everywhere is not the same as $50M in the bank and a private jet.
Or, as Chris Rock so eloquently puts it, "Shaq is rich; the white man that signs his checks is wealthy."
http://www.youtube.com/watch?v=4m37JkkGjAY