http://www.wheredoesallmymoneygo.com/relative-social-status-trumps-financial-status/ A Canadian Personal Finance Blog Thu, 18 Mar 2010 11:39:38 -0700 http://wordpress.org/?v=2.8.4 hourly 1 http://www.wheredoesallmymoneygo.com/relative-social-status-trumps-financial-status/comment-page-1/#comment-4633 Hot Link » Blog Archive » Enough Wealth? Sun, 05 Oct 2008 10:06:12 +0000 http://www.wheredoesallmymoneygo.com/?p=761#comment-4633 [...] they are still in the middle class because they compare themselves to the “super rich”. Preet has a post that confirms that to some, having MORE money than the guy next to you is apparently more important [...] [...] they are still in the middle class because they compare themselves to the “super rich”. Preet has a post that confirms that to some, having MORE money than the guy next to you is apparently more important [...]

]]> http://www.wheredoesallmymoneygo.com/relative-social-status-trumps-financial-status/comment-page-1/#comment-3766 MultifolDream$ Fri, 12 Sep 2008 00:54:05 +0000 http://www.wheredoesallmymoneygo.com/?p=761#comment-3766 I like the phrase "regret therapy". btw A lot of surveys about peoples psychology regarding money support this article I like the phrase “regret therapy”. btw A lot of surveys about peoples psychology regarding money support this article

]]> http://www.wheredoesallmymoneygo.com/relative-social-status-trumps-financial-status/comment-page-1/#comment-3758 Enough Wealth? | Million Dollar Journey Thu, 11 Sep 2008 10:31:56 +0000 http://www.wheredoesallmymoneygo.com/?p=761#comment-3758 [...] they are still in the middle class because they compare themselves to the “super rich”. Preet has a post that confirms that to some, having MORE money than the guy next to you is apparently more important [...] [...] they are still in the middle class because they compare themselves to the “super rich”. Preet has a post that confirms that to some, having MORE money than the guy next to you is apparently more important [...]

]]> http://www.wheredoesallmymoneygo.com/relative-social-status-trumps-financial-status/comment-page-1/#comment-2418 Richard Thu, 07 Aug 2008 15:30:24 +0000 http://www.wheredoesallmymoneygo.com/?p=761#comment-2418 In the first example they can say prices will remain constant but unless the "people around you" are very limited that's hard to believe. Maybe the average person knows this intuitively isn't willing to stretch their imagination that far. A more realistic version of the question is "Would you rather be earning $50,000/year in 2000 (when many people are earning more) or in 1800 (when very few people are earning more)?". In the first example they can say prices will remain constant but unless the “people around you” are very limited that’s hard to believe. Maybe the average person knows this intuitively isn’t willing to stretch their imagination that far. A more realistic version of the question is “Would you rather be earning $50,000/year in 2000 (when many people are earning more) or in 1800 (when very few people are earning more)?”.

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