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« MND: The Typical American Millionaire, Part 2 | Main | 12 Financial Rules Made to be Broken, Rule 6 »

August 26, 2005


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I think #2 SEEMS that way because of those 29%, a lot automatically increase their expenses. As soon as they get a raise they buy that bigger house, trade in for a newer car, etc.

I think of it like this: Money can buy FUN, but not HAPPINESS. Happiness is a state of being. Fun is a temporary high.

I agree that as you get richer, the more expenses you may incur as a result of increased spendings. However, I also believe that it is human nature to be greedy. Unless you can control that part of you, you will never have enough money or true satisfaction.

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