Is it repeatable, who knows?
But it's a mindset thing too. Do you "give up" and take out the biggest mortgage and car loan you can, or do you act against it and take your destiny into your own hands a bit more.
But it's a mindset thing too. Do you "give up" and take out the biggest mortgage and car loan you can, or do you act against it and take your destiny into your own hands a bit more.
If it brings a person a person emotional comfort to live as the willful anti-consumer, then that's the value in it. But I think it's unkind or deceptive to suggest most people can ride a bike instead of drive a car and suddenly save most of a semi-retirement nest egg in 6-7 years.