I always have to wonder when I hear advisers and bankers relate stories of how people on big salaries find themselves in financial difficulties because they are living beyond their means.
Its hard to have sympathy & I think much of the underlying cause is the "Beacause I'm Worth It" culture where people convince themselves that they "deserve" a BMW or a bigger house etc.
Nobody "deserves" any of those things - they pay for them. If you cant pay then dont go there.
"Cutting one's cloth to measure" doesnt seem in vogue anymore - thriftiness is ridiculed, borrow to keep up with the Jones.
This logically leads on to the knob element who enjoy ostentatious conspicuous consumption, talking down to people about their knowledge of wine & art etc. Ditto property bores
Now I'm not poor (nor rich) but I'm keeping it to myself. Maybe I'll buy a Beemer but only when I've no debt & its spare change - and even at that I'd be wary of the category I'd be putting myself in.
This related selfishness that has crept in is cringeworthy - saw a recent case of someone who was going to avoid going somewhere because the presence of a baby would ruin their experience - I guess that happens when the world revolves around you.......
Anyone in agreement re the above. (as I finish typing I'm thinking this will probably (rightly!) get redirected to LOS !!)
Its hard to have sympathy & I think much of the underlying cause is the "Beacause I'm Worth It" culture where people convince themselves that they "deserve" a BMW or a bigger house etc.
Nobody "deserves" any of those things - they pay for them. If you cant pay then dont go there.
"Cutting one's cloth to measure" doesnt seem in vogue anymore - thriftiness is ridiculed, borrow to keep up with the Jones.
This logically leads on to the knob element who enjoy ostentatious conspicuous consumption, talking down to people about their knowledge of wine & art etc. Ditto property bores
Now I'm not poor (nor rich) but I'm keeping it to myself. Maybe I'll buy a Beemer but only when I've no debt & its spare change - and even at that I'd be wary of the category I'd be putting myself in.
This related selfishness that has crept in is cringeworthy - saw a recent case of someone who was going to avoid going somewhere because the presence of a baby would ruin their experience - I guess that happens when the world revolves around you.......
Anyone in agreement re the above. (as I finish typing I'm thinking this will probably (rightly!) get redirected to LOS !!)