Around here there are people driving new pick up trucks and vehicles while living in that crap trailer.
I am stunned at how many people drive a vehicle costing hundreds a month and yet live in trash.
All my vehicles are paid off so is my house, small house, average vehicles and debt free is better than living in debt
I don't get the thrill of having something really nice--knowing it is completely temporary.
My sister and her husband are of this ilk. They have an entire life history of boom and bust. When they are on a boom cycle, it's Range Rovers, nice properties, etc. and they are completely arrogant about it.
Last bust cycle, they lost everything. Had several HELOCs on the house, walked away from the house. Loaded up several credit cards, walked away. Sent their kids to very expensive colleges--haven't paid a dime on the student loans they took out. They had 4 horses. It was ridiculous.
I get bill collectors calling me all the time looking for them.
I don't think they had $100 in the bank last time they crashed.
Currently, they are back on an upswing. The arrogance is slowly creeping back in. They NEVER learn. It's pretty amazing to watch.
Lot of countries overseas are the same way - very expensive vehicles and clothes - ghetto apartments...I agree it’s weird what people will think is important/not important some times.