I grew up with "cheap" parents who never even carried a mortgage except when first married.
My dad was an executive who always made the 6 figure income even in 1980's but you'd never know it when I grew up.
He bought a base model car brand new every 15-20 years. His recent 2015 Outback is first car with keyless entry! I do the same with vehicles in terms of buying for long haul. I also buy just what I need not exactly always want and hang onto it. My wife did violate that with our 2018 Tiguan but it is hers.
My parents are living a delightful retirement well off and traveling 1-2months per year to Europe visiting his siblings and touring.
I like having buffer sitting in the bank and allergic to any payments.
My dad was an executive who always made the 6 figure income even in 1980's but you'd never know it when I grew up.
He bought a base model car brand new every 15-20 years. His recent 2015 Outback is first car with keyless entry! I do the same with vehicles in terms of buying for long haul. I also buy just what I need not exactly always want and hang onto it. My wife did violate that with our 2018 Tiguan but it is hers.
My parents are living a delightful retirement well off and traveling 1-2months per year to Europe visiting his siblings and touring.
I like having buffer sitting in the bank and allergic to any payments.