Yep. Our friends live up the street from us and combined they probably make what I do by myself ($100k/year). They have a Ferrari, a Z06, new Fiat Abarth, a boat, 2 jetskis, 2 dirt bikes, 2 quads, an R1, a Ducati 1098, and several other cars. Their mortgage is almost 2x what ours is yet they somehow still keep it together. The husband absolutely refuses to have kids because he knows how expensive they are. This is causing much angst with the wife which is kind of sad...
Pick and choose what you want to spend your resources on.
This doesn't really add up for me. A combined household income of $100K - how are they getting financing for this stuff? There's no way they are paying cash. When you say 'Ferrari' - well, it could be a used 308 for $28K or a new 458 for $275K, so big difference.
That being said, I'm doubting they are 'keeping it together'. More than likely their debt to income ration is horrific and they have multiple credit cards with high balances that they are paying the monthly minimum on.
That's the beauty of what I do. Being in enterprise software sales, I do very very well. What's also nice is that there's no top end to what I can do. The more I sell, the more I make. Now, there's the pressure of inconsistency and a lack of security, but the payoff is there. For example, one big deal that pops up and closes in 3 months can me a huge inflow of cash. That can mean buying a sports car (like I did), or a second home, or to investment strategy or to kid's college funds, mortgage paydown, whatever.
I marvel at the people who make X salary, but then get on a special project and they are working 14 hour days. My best friend is in IT and that's his life. Doing a big SAP implementation and he's working insane hours. Working through this weekend (and many weekends) and probably lots of holidays and very late hours. Sure, he might get a Scooby Snack, but he'll make the same salary as if he worked 9-5. That's why I love the variable compensation aspect of my profession. The beauty is that my base salary alone is high enough before I sell dollar one.