The modern American dream looks different now:



A pre-owned Toyota Corolla in the driveway. Not flashy, but reliable. Paid in cash, no monthly payments hanging over your head.

Zero credit card balance. That's the real flex these days—staying out of the debt spiral entirely.

A Costco membership card. Because bulk buying and membership perks beat lifestyle inflation every single time.

It's a far cry from the big house, luxury car, and consumer debt narrative of previous decades. But here's the thing: that old story left people broke. This version? It's about actual financial freedom. No interest payments bleeding you dry. No status symbols you can't afford. Just smart moves and breathing room in your account.
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • 4
  • Repost
  • Share
Comment
0/400
RugPullAlarmvip
· 6h ago
This sounds good, but what about the data? What percentage of Americans are truly debt-free? I checked on-chain data, and for most people, "financial freedom" is actually just self-deception.
View OriginalReply0
BoredRiceBallvip
· 6h ago
Really, who still brags about houses and cars nowadays? I just feel something's not right.
View OriginalReply0
AirdropHuntervip
· 6h ago
Nah, I have to say this perspective really hits home. Compared to those showing off luxury cars, having zero debt now is the true winner.
View OriginalReply0
LiquidityWizardvip
· 6h ago
ngl the corolla thing hits different when you actually run the numbers on depreciation curves vs luxury vehicles... statistically speaking, you're looking at roughly 60% better wealth retention over 10 years
Reply0
  • Pin

Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate App
Community
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)