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Am I poor?

Posted on 9/17/26 at 4:16 pm
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20602 posts
Posted on 9/17/26 at 4:16 pm
People here in Little Rock are buying 600k-850k homes like they are nothing. Driving brand new 50k cars and eating out every night.

We own our home and live within our means.

What am I missing?
Posted by Mushroom1968
Shreveport
Member since Jun 2023
6959 posts
Posted on 9/17/26 at 4:17 pm to
Congrats on owning your home and living within your means
Posted by WhiskeyThrottle
Weatherford Tx
Member since Nov 2017
7397 posts
Posted on 9/17/26 at 4:17 pm to
If you have to ask. . .

You may be the only smart one in Little Rock. Most of those folks are keeping up with the Jones' and are in debt up to their eyeballs.
Posted by UltimaParadox
North Carolina
Member since Nov 2008
53112 posts
Posted on 9/17/26 at 4:19 pm to
quote:

median household income in Little Rock is $64,195,


quote:

The median listing home price in Little Rock, Arkansas is approximately $275,000


Maybe
Posted by Texas Tea 123
Member since Sep 2017
358 posts
Posted on 9/17/26 at 4:19 pm to
No one has savings, that's the invisible part
Posted by indytiger
Krotz Springs
Member since Oct 2004
10285 posts
Posted on 9/17/26 at 4:21 pm to
I saw an old acquaintance on facebook the other day, who lives in LR area, bought herself a brand new $70k Mercedes SUV. She is a respiratory tech, her husband is a lineman. The caption was "Mama needed a new ride!"
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20602 posts
Posted on 9/17/26 at 4:22 pm to
quote:

The median listing home price in Little Rock, Arkansas is approximately $275,000

That's factoring in life threatening ghettos where homes are basically free.
Posted by Higgysmalls
Ft Lauderdale
Member since Jun 2016
8068 posts
Posted on 9/17/26 at 4:23 pm to
I was in the chenal area a couple of weeks ago. I can't figure out how that many people can afford to live like that.
Posted by BabyTac
Austin, TX
Member since Jun 2008
17323 posts
Posted on 9/17/26 at 4:25 pm to
Little Rock seemed to be the biggest ‘keeping up with the Jonses’ environment I’ve ever been too.
Posted by biscuitsngravy
Tejas, north America
Member since Jan 2011
4040 posts
Posted on 9/17/26 at 4:26 pm to
It sounds like you are wise and managing your household the right way.
Posted by stelly1025
Lafayette
Member since May 2012
10425 posts
Posted on 9/17/26 at 4:26 pm to
No you are not and most of those people are in debt up to their eyeballs. You can operate from a position of frick you and most of them are debt slaves.



Posted by Cheese Grits
Wherever I lay my hat is my home
Member since Apr 2012
63800 posts
Posted on 9/17/26 at 4:29 pm to
quote:

Am I poor?


It is OK to be poor.

The question is if you are white trash.

quote:

quote:

We own our home and live within our means.


quote:

What am I missing?



You are probably old

Folks with those kind of values are probably 65 and older

Welcome to the Senior Life my friend.
Posted by Tyga Woods
South Central Jupiter Island, FL
Member since Sep 2016
43092 posts
Posted on 9/17/26 at 4:32 pm to
quote:

Driving brand new 50k cars


A Camry?
Posted by theliontamer
Chicago
Member since Nov 2015
2437 posts
Posted on 9/17/26 at 4:34 pm to
It's really not that expensive to finance cars and a home, some people choose to do that, and other people choose to and live modestly. Some of the people you described are in debt, others may have gotten a nice down payment from parents, and others actually do make a lot more money than you think. Just don't think of it as a contest.
Posted by forkedintheroad
Member since Feb 2025
2864 posts
Posted on 9/17/26 at 4:36 pm to
quote:

The median listing home price in Little Rock, Arkansas is approximately $275,000

That's factoring in life threatening ghettos where homes are basically free.


Someone doesn't know the difference between median and mean!
Posted by TheDrunkenTigah
Baton Rouge
Member since Aug 2011
18369 posts
Posted on 9/17/26 at 4:37 pm to
It’s not just Little Rock, I see this everywhere. Everyone will just say they’re in debt but the question remains how the hell are they getting approved for all this shite.
Posted by Traveler
I'm not late-I'm early for tomorrow
Member since Sep 2003
26654 posts
Posted on 9/17/26 at 4:38 pm to
When you are retired and enjoying life those people will still be getting up in the morning and going to a job they hate with little or no hope of getting out of endless debt.
Congrats on not being one of them.
Posted by Chris_topher
Member since Sep 2012
8276 posts
Posted on 9/17/26 at 4:40 pm to
Debt-to-income ratio doesn't show up in the driveway
Posted by iwantacooler
Pig Nose Feet
Member since Aug 2017
2817 posts
Posted on 9/17/26 at 4:43 pm to
Rich people live within their means. The bill will come due for those other people sooner or later.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
42046 posts
Posted on 9/17/26 at 4:46 pm to
quote:

What am I missing?


You're only noticing a relatively tiny percentage of your neighbors. For every "rich" person you see driving a new 50k car or buying a ~1M house, there are 50 that are living WELL below that level.

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