The difference between money in pocket and stuff

It is a common human story; when cash flow is strong and leverage is expanding, most people spend lots on stuff. Then when a downturn hits, few are ready with sufficient liquidity to weather the storm. This clip reminds us that no matter how wealthy people may appear, the same rules apply for them as for others of more humble means. The lesson at all income levels is the same: spend less, save more.

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