I have shared this story many times before but I might not have blogged about it and that is how someone I know who was making >$15k a month at work became broke.

This person is quite a few years younger than me but he was very successful in his career and by the time I got to know him a few years ago, I know he was definitely making >$15k a month. It could have been >$20k a month but he wouldn’t say.

Home was a 3 bedroom condominium in D10 which he bought a few months before getting married. He had a Mercedes Benz S something. He was always well dressed and each of his watches (yes, he had more than one watch) would probably have cost me a few months’ salary. He and his wife would go on annual holidays to Italy, France, Switzerland etc. Although he was making a …