Hearted Youtube comments on Michael Bordenaro (@MichaelBordenaro) channel.
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Simplified my life. Got divorced, payed off all my debts, don't buy anything with credit, never go out to eat, cut my hours at work because I could now afford it, and live a much happier life. I remember having that house, a wife with all her wants, three vehicles, motorcycles, vacations, and having to work myself crippled. Sure don't miss it.
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The crazy thing is that most of these people signing up for $400,000 mortgages are also getting signed up for $45,000 crossover SUVs. Making under 6 figures. And the cost of their property insurance, vehicle insurance, utilities and groceries are up 40% simultaneously. I lived through 2007-2009 as a young adult paying close attention to why people were suffering so much, and it wasn't CLOSE to as bad as it is right now. I remember seeing the average 3/2 home price in 2006-2007 and thinking "how can someone only making $45k-$50k afford a $160,000-$200,000 house and still save money and afford a decent lifestyle?" Now it's people making $65,000 getting a $340,000 house and a $37,000 vehicle. It really is so much worse than 2008.
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