For me it ain't fishing, it's LIVING. When I'm on the lake with my son, it doesn't matter to me if I'm holding an uglystik or an NRX, I'm still LIVING.
For the record, I enjoy fishing with good equipment. Thank the good Lord I have been fortunate enough to be able to buy most anything I want. I CHOOSE to buy the cheapest rod that will do a great job. I have everything from a cheapo Shakespeare Axiom loaner on a Walmart special Abu Garcia Conolon rod to Chronarchs and Revos on Dobyn's rods (some bought new, most bought used). There is a huge difference between my low end stuff and my higher end stuff. I choose not to buy the NRX, Evergreen, Megabass, and Stellas only because I am comfortable with the price point I'm at. I would try some of that stuff if I could find it used at the prices that I'm used to paying for my other gear. I don't see the advantage of going up to the "enthusiast" level of gear. For me it isn't worth the money.
It ain't how much you make, it's how much you KEEP.