[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
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