I remember the day I received my first job offer. A $38,000 annual income! For a young guy right out of college, this seemed like an absolute boatload of money. I felt like Scrooge McDuck swimming through his vault of gold coins!
That same year, I leased an Audi Convertible, bought my first home with 10% down and traveled on a week-long vacation to Mexico using my home equity line of credit (HELOC). I was in my early 20’s, I was living paycheck to paycheck but I didn’t care. I was having a blast.