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this post was submitted on 08 Sep 2023
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Showerthoughts
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Think about it.
Even twenty years ago, $1 million meant you could buy a great place for yourself and a business that would let you live large.
In 1960, $1 million meant a Beverly Hills mansion, a dozen cars, and a place by the beach.
Kind of a giant leap from that to 'living stingy.'
I mean we're splitting hairs at the point. It's still a perfectly good middle class income, especially if you own your house already.
If you think the difference between a Beverly Hills mansion and a three bedroom in the Valley, is 'splitting hairs,' then I won't try to change your mind.