Originally Posted by BB1
To the average American a $500 pair of shoes is an unthinkable level of luxury! (Recall the big deal made a couple years ago over John McCain's $500 shoes). Yet a $40,000 car is seen as very sensible to many or perhaps even a level of luxury that one deserves, never mind that $15,000 cars exist that might suit their transportation needs too. How did we get this point? Why the difference?
Yeah, I still don't understand this. More-so, why so many people feel the need to buy a new car every 3-4 years- that's the biggest waste of money IMO. There seems to be so many people that buy cheap food, clothing, etc. and talk about how they aren't well off, yet then buy new cars every few years. Buying a new car half as often will do far far more for their finances then cutting down or removing their starbucks addiction or bringing lunch to work instead of eating out.