The Middle Class Life Style Is Putting You In Debt?

[Weird Tolkienish Figure]

http://money.cnn.com/2015/07/24/investing/antoine-walker-nba-bankruptcy/

Ex-NBA star went from $108 million to bankruptcy:

Before the age of 20, he had won the NCAA basketball championship and was selected by the Boston Celtics as a top pick in the 1996 NBA Draft. Walker quickly became a basketball superstar. He was named to the All-Star team three times and won the top prize in pro basketball with the Miami Heat in 2006.
Thanks to his on-the-court success, Walker made more money playing the sport he loved than he could even dream of when he grew up in a poor Chicago neighborhood.
But like many professional athletes who experience a sudden explosion of wealth, it was all gone in an instant. Despite pulling down more than $108 million during his career, Walker filed for Chapter 7 bankruptcy in 2010, just two years after retirement.

In some cases, more income = just feeding a beast, really.

[LivingAlmostLarge]

Yeah except I feel like the bulk of people don't make $100k in the US more probably make $50-75k and raise families and survive well on it.

[Singuy]

Yeah except I feel like the bulk of people don't make $100k in the US more probably make $50-75k and raise families and survive well on it.

You're right, most people don't make 100k, in fact only 10% of the American's household income is at 100k+. I believe most are just content with what they have and try to make it work.

My wife's technician has worked the past 10 years at 10-12 dollars/hr. All she needs to do is to take an optician exam(which she qualifies for 8 years ago) to double her pay and NOT having to reapply for a job. I don't know what it takes to give people the drive to make more.....the power of content.