re: Why do OT Ballers hate diamonds and new cars?

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Show me 10 households with higher end houses, two or more late model cars that are financed, and all the other typical trappings of the upper middle class, and 7 of those households will have no savings, no retirement planning, no emergency fund, all income goes to servicing debt and expenses, those are the people that are "wron

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even if this is true, which I'm not conceding, it's not out of line with the average American. Most have nothing, or next to nothing, saved.