One word:

FUN.

I am there. The thing is, a mere 5k earner do not have the option to choose to downgrade his lifestyle without a significant impact.

While a 10k earner has the option to downgrade his lifestyle while still maintaining his status. Get it?

For example - I could sell off my Q7 and get a BMW 3 series and still be happy.

*edit: and no I do not earn 10k only, you will be a stupid 10k earner if you thought 10k monthly can afford you a car that's worth 500k+*

This post has been edited by Spitzer: Jan 13 2013, 11:46 PM

Means the 10k guy spend 90% of his salary on unneccesary loan only eg: credit card and only have 1k spend money and the 5k guy spend his money wisely than the prior

If u can spend as low as the 5k guy while earning like the 10k guy then sir u are awesome

But what I see these days fresh grad with 2k salary alredy start committing loan which grab half of its earning which in turn lead into an indebted life......

Too bad i learned the hard way.....

u so jelly see other people got big houses and nice cars,sakit mata..

so it's about self control.. 5k or 10k still same result mah if they cant control.. even u said many 2k fella also max 100% liao..

he post like he's the only fella to touch 5 figure..

Yeah lol I'm no economist but learning to control the amount u wanna spend is hard.....

10k. if u got commitment on house and investment. dun bother.
hard to maintain 200k+ car as well after taxes.
u getting less than 9k
car if less than 5 years @ 90% already 3k+ installment. thats mean u spending about 40-50% on the car alone inclusive fuel and maintainance

if u say 5 figure like 30-50 or 40-99k earner. yes complete diff story liao