winnietrey wrote:
Or at 25 no wife, no kids, maybe the best thing he ever did. May decide pretty quickly it was a less than stellar decision and never repeat it again.
Doing something at 25 with 40 years left to work, is quite a bit different, than being 55. And having no savings, house etc, and doing the same thing
Purchasing a brand new truck at 25 that takes all his resources might be enough to set the ball in motion so that at 55 he doesn't have much.
For instance it could mean that the purchase of the truck prevented him from coming up with a down payment on a $300,000 house. Then came a marriage to pay for and after supporting a wife and two little kids while wasting money on rent it takes till he is 38 to some up with a down payment on that same house that is now $500,000.
