They go into debt my friend...plain and simple. That or their fam/parents buy it for them. I see that down here a lot these days
It's nearly impossible to buy a home without acquiring some form of debt.
Part of the reason some can afford the things they do is because they live life cheaply.
For example, I drive an old POS car that is paid off, my cell phone is 7 years old and is on a pre-paid plan that costs $20/month. My cable is the basic 10 channel job, I haven't bought a new video game in years.
All of my clothes are either gifts or inheritance.
At the end of the day:
I have transportation, a phone that works, television to watch, food to eat, clothes to wear and a roof over my head.
People can choose to spend as much or as little as they want on things like that.
The bills you pay are often relative to the money you make.
If you're making 100k/year but have 98k in expenses, you're only banking a measly 2k.
If you're making 30k/year but only have 15k in expenses, you're banking a whopping 15k.
Of those two scenarios, who has more money?
Which would
you rather be?