Anxious_Original_766

Anxious_Original_766 t1_j9pq6rb wrote

Firstly, I disagree w/ you. It's not either or. At a macro level, sure you either are within your means or not. However, my point is that "within your means" comes at varying degrees. That is a spectrum. You can either use 50 percentage of your income to support your lifestyle or 1%. That is a huge difference. If someone bringing in 100,000 a year says they live within their means. I do not think it is a bad bet that they mean they are spending 30% to 40% of their income to support themselves as opposed to 10%. I would argue it is in fact far more likely to be the higher figures than the lower. You don't need to be an economist to make that assumption across a generalized population - it's just common sense.

All this is to say, that when you hear the "live within your means" most people are going to picture a more moderate portion of their income going to their life cost as opposed to the bare minimum. So like I was saying, language is going to be interpreted by people as not so literal most of the times ( unless youre a robot)

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Anxious_Original_766 t1_j9pd2tb wrote

I understand what the phrase means. But from the looks of it I just inferred that he made a decent salary but was living in a state of squalor from what he described. I was just saying if you had increased your salary you could also increase your means of living ( obviously not by the same percentage as that would be the lifestyle trap ). However, to be fair I dont have a lot of metrics of this guys situation (e.g., cost of living, etc)

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