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Has anyone gotten rich from their salary alone? If your salary goes up, so does your spending/lifestyle?


Lot's of people can get rich from their salary alone. I know many Silicon Valley workers who chose to live more frugally, invest in properties like duplexes, town homes, etc. and then rent and improve them and increase their net worth that way. When I was at Apple, they would do a 100% 401k match. Is being really rich at 65 good enough for you? That is one way to do it.

Rich is relative, right? How rich is rich enough? Spending seems to find a way to consume the income of a lot of people. There is always a nicer BMW/Audi/Tesla/Mercedes to buy. You can spend $300 on a pair of jeans. Spend a few hours at Neiman Marcus in Palo Alto and look at the prices. You can buy better and better seats at the ballet, symphony, baseball game. Business and first class plane tickets become mandatory. Look at the watches people wear. This is what happens as your income increases. There is always a way to spend and consume more and you will find a way to justify it. Believe me, I know.




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