Saturday, October 07, 2006

Keeping Up With the Joneses

From MSN, a cautionary tale about what can happen when you try to keep up with friends who make more money than you. To paraphrase Andrew Tobias in the best finance book I've ever read:

Earn $50,000, spend $45,000 = happiness.
Earn $45,000, spend $50,000 = misery.