I had a good friend who used to tell me that I needed to "grow up" and "buy a real (brick and mortar) house" and a "real" car, but I always stuck with smaller, simpler things I could afford and eventually pay off.
People think it's magic when someone doesn't have a particular debt that "everyone" else has (such as a car payment), but my only secret has been simplistic living below my means, and saving whatever I could. I've had some people roll their eyes at me and think I have some ever-blooming money tree in my back yard, but a lot of it is knowing where your money goes and how you can take control of that.
Several months ago I had to take my car in for some routine maintenance, and when I found out I needed a $300 repair, it wasn't a problem, and I had them take care of it right then.
The security of being prepared for emergencies and being able to pay my bills is a lot more important to me than having the latest or greatest (check out my Straight Talk phone I got from Walmart 6 years ago
), $5 Starbucks coffee everyday, or a fancy car/home if I can make do with something affordable and much more practical.
Can't say that I won't splurge someday, though.
I saw the PRETTIEST black Corvette the other day (they've always held a soft spot in my heart), but I wouldn't buy one unless 1. I could pay for it in full (it'll be a while!!
No wonder fancy cars are usually being driven by older people... It takes a lifetime to save for one) and 2. I would really have to justify owning one.
I'd be wrestling with how many kids I could sponsor through my old adoption agency vs. what it would cost to buy, own, and maintain a car like that.