- Joined
- Feb 10, 2012
- Messages
- 352
- Reaction score
- 3
Inflation. Adjust. The Royal Road...
It is somewhat relative, as I believe I had more money in my pocket when I was only making $24,000 dollars per year in the 80's. I bought a brand new 1982 Honda Accord for around $7000 bucks and I thought it was over priced. My first house, a three bedroom one bath house sold for $22,000 dollars and I lived there for three years and sold it for $24,000 bucks and thought I made a killing.
I know MD who apparently make good money but are cash poor as they drive BMW or Mercedes with $600 per month payment and have a large mortgage payment every month. Some of these guys are working long hours and barely breaking even with their MD degree.