Yup. I make about $400k but our expenses excluding taxes are $100k and that includes $20k/yr on traveling we could cut back easily and $35K on huge house with pool we could easily downsize with no mortgage. But it’s amazing how many folks at my income are barely building net worth!
You’re doing very well. Life is meant to be enjoyed.
I was thinking more of people who have a lot of unsecured debt - credit card debt, student loans, personal loans.
They might make $100,000/year, but they keep borrowing money and never pay off their loans. Then they complain about the cost of living. lol