Quote:
Originally Posted by Homeslice
That's assuming that both people purchased the same types of things. If the $500K earner in NYC chooses to be a fool and buys or rents in Manhattan, living by himself, with nobody to help, and owning a car and paying $15K a year in parking. But a more intelligent person would find a way to live more frugally so that he or she could save a sizable chunk of that $500K.
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So you are saying that if someone is making $73k in Cleveland and chooses to live frugally, he can save a few hundred grand a year?