Keeping up with Joneses has been part of our society for some time, but with social networking on the rise with Facebook, Twitter, Instagram, etc., the number of "Joneses" we have to compare ourselves to has expanded profusely.
I've had my fair share of mistakes when it comes to personal finance. Last week I wrote a post about how online poker changed how I view money. I was spending money like there was no tomorrow, splurging on unnecessary items, and didn't save a single penny of winnings.
Between the fundraisers, the soccer and T-ball games, the family celebrations and topping it off with Girl's Night Out, when do these people have time to sleep? And it's not just weekends. The madness happens on weeknights too.
True luxury is about authenticity, and you cannot create authenticity simply by buying more. Nor can you create it by buying the most expensive items or by trying to keep up with the latest and greatest that someone else told you was a "must have" for the season.
In America today, it seems like we are always striving for something. To be bigger, better than who we are. We're never content with what we have. But why? Where did this sense of not being enough come from?
Have you heard? The Joneses filed for bankruptcy. It seems, like everyone else who tried to keep up with them, they were living above their means. All of that "stuff" they acquired turned them into a textbook case of a broke American family -- chapter eleven of that book, to be exact.