"The rich ruleth over the poor, and the borrower is servant to the lender."How can anyone feel rich when they have a debt twice (or more) as big as their yearly income? Being able to afford the monthly payments doesn't necessarily mean someone is "rich". One's ability to produce income may be high but that means little if the spending habits are just as high.
"If you don't learn to spend less than you earn, it won't make any difference if you earn twenty thousand dollars, fifty thousand dollars, or one hundred thousand dollars per year. Your spending would simply rise as your income rose."Most people are poorer, not richer, than they think. To tell them otherwise is a lie. They need not to spend more but to learn how to make a budget, pay off their debts and invest in their thinking.