Quote:
Originally Posted by porsche tech
The Millionaire Next Door is a great read. Quite often, truly wealthy people don’t live lavishly with flashy cars or fancy watches, etc. Good book.
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Bingo...I really think it's great to buy quality things you enjoy or use...but it's foolish to buy things to impress others. I worked pretty damned hard for what I've got, so don't understand spending for "status badge" items. The 911S was my main weakness...but it wasn't considered a "status" car when I bought it...the then new 930 was. The more sought after as a collectable the 911S became, the less I enjoyed it. Eventually, it became an albatross around my neck, one I am glad to be shed of. Beware of the "more stuff" syndrome...for the more stuff you have, the more stuff you have to take care of. Select your stuff carefully.
Reminds me of leaving church with mom on a long ago day, a couple leaving in a Cadillac..."Wow mom, he must have a lot of money." Mom: "Well, he used to." The message stuck...a good lesson on the value of "stuff".