Your co-worker announces she’s taking yet another trip abroad.
Your best friend upgrades to a bigger house in a better area of town.
You’re pretty sure these people don’t make a lot more than you do.
So how are they able to spend that kind of money?
Maybe they’re up to their ears in debt, or they’re trust fund babies, or they’ll never be able to retire.
Or maybe they’ve figured out the secret to money, which is: You can have anything you want.
You just can’t have everything.
The new car, that house and that exotic trip are the shiny end results of a series of decisions hidden below the surface. What we don’t see, typically, are the trade-offs — or their consequences.
You see what others want you to see. Full Article: 'Stop Counting Other People’s Money'
Citation: Liz Weston via NerdWallet
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