Quoting TheNuge:" Wow! What jumps out as me is how low his taxes are. Clearly, the doc lives in a low-tax area. I'm ... [snip!] ... become an attending. The fact is that overwhelmingly, when people make more, they spend more. I'm sure he knows he isnt poor."
That is a huge issue. People live far beyond their means, and they are taught that the more they make, the more they have to show off that wealth.
My family's income more than doubled 2 years ago. All of the extra income went into an emergency fund, a couple of savings accounts and charitable donations.
People need to learn that money comes and goes, I thought that these most recent financial issues around the world would open people's eyes....they haven't. Looking at the posts on here about spending several hundred dollars on Christmas much of it on layaway....buying houses beyond their means....etc.