You and your neighbor, let’s call him Bob, choose two very different paths. The year is 2001. You choose to live within your means, only paying for what you can in cash and never taking a loan. He, instead, takes a $1-million loan to fuel lavish spending. He builds a new house, hires gardeners, buys new furniture and a big-screen TV. To you and all of your neighbors, looking in from the outside, Bob is very wealthy. Read More.