Flex culture also puts a tag on idiots so you can identify them easily ,plus let's be honest flexers won't get far in life.
Flexing here is getting pro+
i mean it was always strong in culture, even in tribal times ppl tried to get better fur closk than neighbours lol humans are trash creatures in general
Your Mercedes gets more panties wet than your mutual fund paper receipts. Until that changes, flex will never go away.
Own a house in Vancouver, 32 y/o, 350k in my rrsps and in 5 years have put almost 200k in my tfsa. I drive a free car given to me, haven't owned new shoes or branded clothes in I don't know how long. Gonna retire by hopefully 45. Oh yeah i don't make 200k a year either.
Thing about saving is that it doesn't really increase your money that much. I personally was buying clothes once a year and I bought the cheapest there is 1 pair of shoes would last me 3 years and I didn't have a problem with that but in the end I only saved like 2k extra. What's better is to optimize your spending I will give 1 example. I own a construction business and since I do a lot of work myself my shoes get destroyed really fast. So I bought nice construction boots for $150 which lasted me 1 year and I had to throw them away instead of buying the same pair I bought sneakers from Walmart for $10 which lasted me 4 months and in the end only 30 per year and I got new shoes every 4 months.
Just ignore them.
This is all 100% down to personal accountability. If people want to send themselves broke trying to look rich let them
I personally think we got more bills than our parents. We got internet, cell phone bills, movie subscriptions, college debt and other ones on top of higher rent and other stuff that skyrocketed beyond inflation. My internet and cellphone bill is ~$100 a month alone, $1200 gone a year and $12,000 over 10 years. Lets add $50 of college debt, no way it would be that low, but thats $1800 a year gone and $18,000 over 10 years.
your attempt is futile. The flexer won't listen. The defensive investor already did this for years.