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Judging from the responses here the answer to my question is yes. It is unsavory. Living in a blue collar or lower middle class area is unsavory. Living in a place that is 2.5 x your income is also. Some don't seem to be as averse to used clothing and cheap stores as I am but, the difference between that and getting something on sale new at like a mid-priced dept. store is negligible.

Whether or not it is unsavory is a subjective thing, won't you agree? You may think it is, and I may think it isn't. Right?

I don't happen to think blue-collar automatically means lower middle class. I think it means middle class. I have moved into an 80th-percentil type neighborhood now, but I stayed in the blue collar hood for a decade longer than I needed to. In fact I never needed to...I was approved for a lot more house back then anyway. And the higher-end home I've moved into now is also less than half of what I could get approved for.

See, it's a relative thing. The millionaires detailed in the book have their own examples. Do all of them seem unsavory to you? How about wrist-watches? Do you feel the need for a gold Rolex or whatever? I never have. Different strokes for different folks. So yes, I recognize that LBYM can be done in diverse ways.

But the main point is that those who care about looking wealthy hardly ever become wealthy. If you and I have the same income, and you care about nicer clothes, a Rolex, a newer car, a bigger house, etc. more than I care about them, then I'm going to build net worth faster than you probably. And having a bunch of money in the bank is NOT unsavory.

xtn
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