No matter how much a person make, I feel just about everyone should have a monthly budget so you’re not spending more most months than what you’re bringing in. Furthermore, just because you can rent or buy something doesn’t mean you can actually afford it always.
- High Rise Luxury Apartment Downtown
If you stay in a luxury high rise apartment downtown in any major city but can’t afford to go back to your hometown to be with most of your family during a holiday, that is sign to me that you might want to downgrade to a place that cost less. Also, you can still find a place that is nice but a little cheaper monthly in other areas of the city.
- Luxury Car Purchase
It is not a good look in my opinion to have a luxury car you’re still paying on monthly that you have an accident in that leaves a noticeable dent with over two months to pass by without it being fix. That is usually a sign that the person might want to get a car that the yearly maintenance and parts isn’t as high and easier to maintain and more within their budget.
What are some other examples of things you’re seen a person able to rent or buy but actually can’t afford it every month?
Please feel free to leave a comment, since I’ll love to hear your feedback and to follow me, along with like this post before you leave if you haven’t already.