An article in the NY Times (thanks, Channing, for the link) talks about why people worth millions feel like they are in the middle class, still striving to reach the upper class.
God I don't want this to happen to me! Yes, I want a nice place to live, but I would be fine with a modest condo; I don't need a house in Menlo Park. Yes, I want a nice car, but I don't want anything past a BMW 3 series; I don't need a BMW 5 series. Yes, I want to be able to take vacations where I don't have to stay at a Motel 6, but I don't need to stay at anything above a Marriott hotel.
I am truly hoping that I can budget my monthly income well enough to save towards my toys reasonably. I am also hoping to play in the market with my spending money so that I have a chance to accrue some extra cash that I can save away.
But the bottom line is that once I graduate, I never want to be in the red at the end of the month ever again. I want to be so much in the black that I can decide to just go an buy a random $200 thing and know I will still have extra at the end of the month. I just want to be comfortable without any financial worries.
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