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Charlie
Without a doubt the money all goes up. People get caught up in the "I need it" trap and they spend themselves into a lifetime of work.
A family member showed me a picture of his new giant travel trailer. I accidently let it slip that I hated those things. They can make sense for some, but this guy is a preacher and he has a full time job. His wife is a school teacher and they have 2 kids. That $30K+ trailer attached to the new Ford F-150 4X4 he purchased to tow it, add insurance and property taxes and fuel will run him an easy $1K per month. He works so much that I don't know when he is supposed to use that thing. When he finally pays all that stuff off it will be worth a fraction of it's original cost.
He's trading time for money to buy things he can't afford to own.
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