fragg
2019-06-13 14:26:05
- #1
if you had a really reckless lifestyle now, flying to Vegas with the guys for poker once a quarter and driving your Porsche to work. Okay, I get it. I can't afford that and I’d be a bit jealous of that. But I bet a cookie that your life isn’t cooler than mine, but I have a badass house – you don’t. At the end of the day, you park your money at 0.01% in a savings account because funds are too risky for you, and you still drive a 10-year-old car.This is the kind of post I mean... Paying 50% of your net income and justifying/convincing yourself that it's okay. Okay, if you earn 10-15k and an inheritance is coming up, then you can do that. Everything else, IN MY OPINION, is just wishful thinking. And these comparisons always... What would a comparable house cost you in rent, etc... I can't buy a 300-meter yacht. Not even if I look at the monthly rental cost of such a yacht and see that it’s more expensive than buying one. Sometimes you just have to face the facts and accept that you can't afford it if you want to have a life outside of the four walls. But as I said... some people are totally fine with paying 50% or more of their net income for the house. Others have different ideas about life than living constrained for 30 years.