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

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That's how you end up with a high income and still broke in your 20's and 30's.

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This is a problem with Americans in all income brackets, but more so those with smaller incomes.

I love how we're acting as if this money management issue is one that is ravaging the households making greater than $200k a year.

We've now moved into a strange territory here where we are supposed to look at the woman driving a new Porsche Panamera and assume she can't afford it because it's "too expensive" and if I can't afford it then you can't afford it.

I would worry less about the people with high income who buy nice things, and more about the people making a modest income trying to buy redneck status symbols.