I was the first person in my family to do the "cord cutting" thing, where I only had an Amazon Prime and Netflix account, and a bunch of DVDs and Blu-Rays (around 2012). People asked me why, and I said that I think it's dumb to pay money for advertisements, and that I think ads are bad for you. My brother-in-law is overall a smart guy, but he works at Taco Bell full-time, making minimum wage in NYC (~$15/hour). He de…
These stories are too common. I would guess that the median* wage on HN is probably around 5x what your brother-in-law makes. And I would also guess that many of us are perfectly content with old phones, old cars, and generally reduced consumption. Hell, I buy clothes at thrift/resale shops when I find something nice that fits. What are people of means (relatively) seeing? Is it because we have more leisure time and…
More or less. Cash, wealth, and access to credit afford you a number of avenues to avoid trouble, or else get out of it when you realize that you're in it. Time infused with money also usually returns more than bare time, as anyone who can hire a personal trainer vs spending hours trying to put together an effective training regimen can attest to.