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Mark's avatar

Great article as usual Jared, as well as the music reference. Keeps my brain in the flow, so to speak. I have been in and occasionally out of the cake eating paradigm for many years, courtesy of the fed put. I definitely see the draw to have those comforts without worry about cash flow. Nice cars, clothes and fabulous food are my preference, but elite status is not something I have experienced to date. I currently live in an area where most of my peers grew up as cake eaters and certainly most have no idea how the majority live, or have ever struggled. They are out of touch for sure and the town I live in is the center of the bubble for the area. I grew up at the low rung of the ladder and have moved up on shear bullheadedness without benefit of higher education. I have slept in those crappy hotels, cars, under overpasses, and once spent a month in a camper shell that was on blocks, in a rural Ventura back yard. Recession in my current industry brings on extreme income changes so I will have to suck it up while creating a new income stream. Haven't had to do that for while, but it certainly is possible when you realize that the level you have achieved will change unless you do something about it. I better get to it, there is another Nascar race coming up...

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L'Air de Panache's avatar

Hey Jared. I really enjoy your posts. Thanks!

I get your cake eating idea but we are wired differently.

Even though I've tried luxury (private jet + the rest), I don't particularly enjoy it beyond a certain threshold. So I have toned-down a lot because it's "not worth it".

In other words, my "happiness return" on marginal $ spent falls pretty quickly.

You might then ask, what to do with this dough? what's the point of having it in 1st place?

There's so much one can do with $ other than spend it in useless shit.

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