“The USA is 100% about consumerism. My observation is that if you do not have restraint, you will never succeed whether the issue is buying houses, cars, flat screens… whatever. Our society is and will always be about people pushing other people to buy and overspend. It is enforced and encouraged by our government, by many professions, and is embedded in our fabric. Lots of blame to go around everywhere…”
Indeed, I would like a big screen plasma TV and new car and while I can afford it, its not a need for me right now and I have more important things to save for in the future. Americans tend to be the worst savers on the planet. Everything is bought on credit and most Americans are in debt up to their eyeballs.
