Type of Driver
We have two family vehicles, a full-size truck and a compact car. I've noticed that people seem to drive cautiously around my truck. I rarely get cut off, tail gated, honked at nor experience other inconsiderate actions from other drivers. When I drive my spouse’s vehicle, a compact car, it seems one of these inconsiderate actions happens to me about 50% of the time.
People must think that drivers of trucks have different characteristics that drivers of compact cars. I don’t drive any differently nor do I personally look any different. So I figure the difference must be due to my vehicle.
A few years ago, I purchased a used luxury vehicle for a very good price (less than $20,000). When the wife of a friend saw the car, her first comment was, "Wow, you must have received a really big raise." Actually, nothing had changed. Same pay, same house, and same standard of living. Again, the only difference was my vehicle.
Of course, while wealthy people do drive expensive cars, people who drive expensive cars are not necessarily wealthy. The mistake some people make is to live by the second assumption - i.e. driving an expensive car means that one is wealthy.
My Wealth Builder Situation
I'm doomed to life of being perceived as an dangerous driver who is not wealthy :-) My truck, which only has the basics, is 3.5 years old and has 37K miles on it. I'll probably drive it 7 -10 more years, and perhaps 15 more years if it holds up.
In reality, we are safe drivers (e.g. accident free discounts), and saving 20% of our income. So please don't judge me by what I drive :-)
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This is not financial advice. Please consult a professional advisor.
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