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Keeping up with the Joneses might bankrupt you

Posted by billspaced | 10:28 AM | | 0 comments »

Below is a link to a great article about how perspective sometimes distorts our good intentions where money is concerned. Inspired by a book, "Green with Envy: Why Keeping Up with the Joneses is Keeping Us in Debt," the article's author, yahoo! Finance columist Laura Rowley, goes on to tell the stories of several people in the book, who often attempt to keep up appearances that they have great wealth, only to learn later that they're buried in debt, many of whom eventually file for bankruptcy.

While I haven't yet read the book, I plan to read it very soon. It sounds like a book worth reading about getting some perspective back and putting priorities on things that really matter to us.

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