[lbo-talk] spending twice what you make

Jordan Hayes jmhayes at j-o-r-d-a-n.com
Mon Feb 11 11:27:10 PST 2008



>> [WS:] Hackery aside, I am wondering how can so many
>> people afford so many things they buy - expensive
>> cars, MacMansions, electronic gadgetry, 100+ channels
>> of expensive televised crap, shop at malls and
>> overpriced boutiques etc. and on the top of eat out,
>> attend expensive sporting events and so on.
>
> Borrowing, of course.

I don't know about your friends, but there's a third choice (first two are: be rich; or borrow): I have plenty of friends who make "below average" income and have arranged their lives to live within their means but still find room in their budget for at least some of the things Wojtek is tut-tut'ing about above.

/jordan



More information about the lbo-talk mailing list