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Originally Posted by Perfectlap
well in defense of your other neighbohrs, how do you know that they aren't also living well below their means? My folks never bought a new car, ever. As a matter of fact growing up I think we were lucky to have a car from the same decade. Meanwhile I was helping them to pick out yet another income rental property and was sitting on the house visits from their financial planner by age 13.
They kept all information about the financial investments tightly under wraps.
They told me that too many people judge you by your car. They will either think you are a poor bastard that deserves your sympathy or they'll ask you for a loan.
Warren Buffett lives in the same plain vanilla house he bought in 1967. Paul Newman drove an old Ford Taurus too or maybe it was an old Maxima. I forget but it was old.
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so true, i most def don't know. They are prob doing what we do also. It's a great way to save money.