A lot of people buy with their credit cards. My 25 yr old cousin has LV and channel bags even though she makes only $13/hr. It doesn’t even make sense to buy these luxury items that were designed for folks with incomes over $100K. When I ask her about it, she told me she could die tomorrow so she is enjoying life now.
Interesting stat. We're at the mid 150k-<200k range. So that makes us at the top 7%? That's hard to imagine because if we go to the mall, we feel that everybody is making way more than us. I often ask my wife where are this people getting their money to buy expensive bags and clothes.[/quote]
