Being a realist in your lifestyle

Your earning capability dictates your choice of lifestyle. You could be earning 10.000 and spending 8,000, because you have to support your car, housing, meals at restaurants, super data mobile plans. Envious of many, truth told to none. Or you could be earning 5000, and spending 2000, commute by public, dine at food centers / home-cooked. A humble way of life, but you have all the securities of not having any bad debt or credit ratings.

I can afford a car, if I wanted. A new Toyota Corolla that is slightly over 90,000, sure, cash terms in full. The maintenance fees works out about 2,000 a month. Yes, I can survive and make do with lesser savings. I’d rather not.  It’s prudent to have savings to fall back on.

Point is, are you able to support the lifestyle you want, comfortably? Lavish life but struggle through paycheck to paycheck.