Percentage of respondents: 12%
For a lot of people, buying fancy electronics is part of becoming rich, so it might not be surprising that fewer people see this sacrifice as a viable option. What’s more, given how essential connectivity is for the vast majority of Americans, cutting out fancy electronics entirely would represent a pretty dramatic change to their quality of life.
While a decent smartphone and modest data plan don’t represent a huge monthly cost, think about how often you rush out for the latest release. If you’re hoping to become a millionaire before you retire, consider how much more valuable those few hundred dollars will be after spending a decade or two in the stock market.
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