Frequent topic.. my take on things. (archive)
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Posted by Kris L. on July 30, 2000 at 22:42:36:
In Reply to: How do you afford a BMW? posted by Ali on July 30, 2000 at 22:09:31:
(posted from: c555851-a.stcla1.sfba.home.com (24.1.4.147))
Do I make < 2x the cost of my 328i? Yes. I leased it. Do I make sacrifices in other areas? Absolutely. I'm traveling on business about 50% of the time, so living in a lavish apartment isn't necessary. Here in the Bay Area, the MEAN house price is $416k, so that's waay out of reach anyhow. I rent a very small place so I can afford a more extravagant lifestyle. I drive a BMW. I'm probably going to buy a motorcycle next weekend. When I see something in a store I want, I buy it.
Keep in mind that I also invest 10-20% of my income and have no debt (other than the car lease, if you count that as debt).
For the time being, I'm living the life.
-Kris

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