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Yea, I know some people that are leveraged to the max and still trying to impress the neighbors with their lifestyle. One couple had a water heater start leaking. The cost of getting up to code and installing the new water heater was too much and they ended up defaulting on their two car loans and almost lost their house. They had to sell the boat and jet ski and motorcycles for just what the loan values were.
I could never live like that.
I do vividly remember wondering how I could pay the electric bill. Using credit was not an option. I just worked more to earn more and reduced spending by eating cheaper food I cooked at home.
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Glen
49 Year member of the Porsche Club of America
1985 911 Carrera; 2017 Macan
1986 El Camino with Fuel Injected 350 Crate Engine
My Motto: I will never be too old to have a happy childhood!
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