Why is it my richer clients drive old bangers?

Jacks_xxx

Conrad, whilst I think it's sweet of you to try and share your apparent wisdom on this topic, I'm not sure what you're trying to say.

Yes I suppose a lot of people with flash motors have bought them because they imagine that the expensive wheels convey a certain status, and they have a need to impress other people with their material wealth. That is after all, the standard stereotype.

I think they're probably the only ones who assume other people are envious though.

Personally, if I see a youngish fella in an expensive "look at me" car I pretty much assume he lives with his Mum, and is trying to compensate for his perceived inadequacies with the show off car. But that's just a stereotype too.

One thing I have noticed though is how our local Lidl car park is always full of Jags and Daimlers....

Love Jacks xxx

rog2

I fail to see the point that you are trying to make, Conrad.

You started a thread on the 10th of Novenber 2007, http://forums.moneysavingexpert.com/showthread.html?t=594941 in which you asked 'why are some people good with money wilst others aren't?'

In that thread, you put forward exactly the same scenario/reasoning that you are attempting to put accross today - why?

You, as someone who earns his living by selling 'debt', should realise that your thread is going to promote division and ill-feeling on a forum which is dedicated to 'dealing with debt'.

Contrary to the picture that you appear to be painting, we are not all, nor were we all, spendthrifts and wasters.

rog2

hypno06 wrote: »

Sorry, wanted to add - I too may therefore be "cushioned from reality" based on my work environment.....

Hypno - people only have to look at your posts to see that you are far from being 'cushioned against reality'.

hypno06

rog2 wrote: »

Hypno - people only have to look at your posts to see that you are far from being 'cushioned against reality'.

At home, maybe, and definitely on here, but at work I have to give the impression that I am as loaded as everyone else!

But, Yes, I know what you mean, and thank you for saying so.

Conrad

rog2 wrote: »

That, hypno, is quite correct - we should not judge.

Every so often certain 'posters' come accross to this forum and start threads which are specifically designed to be 'inflamatory' as they are based on the assumption that 'excessive consumer spending' is the main, even only, cause of 'debt'.

.

That is not my intention here.
I'm trying to help by offering the notion that we dont have to fall in to the trap of keeping up with the Jone's to make ourselves feel good.

There are many reasons for getting into debt as you say.
To answer your specific point though, it is my experience that people fall into 2 camps, but the good news is you dont have to stay in the bad luck camp.

Essentialy if you make choices for example at the age of 15 not to save, you might find that later on just when you need those savings they aren't there which then compounds the natural bad luck events.

A client with debt will say to me "I was injured so I cant pay the mortgage", but the rememdy to this was the simple process those in the camp of less bad luck would have gone though; Namely to have always saved.

But the person in the bad luck camp will then say "but I couldnt save as I has kids and not enough income"
But those in the good luck camp will have not allowed an unplanned pregnancy. No one in my area suffers these, but lots of people do in another town close by.

Its like chosing to go to a roughish pub - then sure enough you might meet a roughish parter who again will compound your bad luck, so why not make the decision not to go to these places and not to accept rough partners that kick the dog.

MAKING BAD CHOICES DOES NOT MAKE YOU A BAD PERSON, but until you recognise (as my brothers did) that you have a role to play, then you will always have more than your share of bad luck.

Its the same with food;

Eat !!!!!!, get !!!!!!.
Eat well, keep well.
Before you say it costs too much too eat well, I know all about it. I was part of a large family with low income but Mum made stews with spuds, carrots and mince and a loaf of bread to mop up. Junk food costs a lot more.

It's the same with keeping fit;
Humans evolved to be constantly active, constantly on the go or they did not survive. Your genes evolved to tell your body to get as much food on board as poss as it didn't know where the next meal was comming from.

Now it still has those same messages to keep eating, BUT THE BIG DIFFERENCE IS YOU DONT BURN IT OFF AS YOU DID WHEN YOU HAD TO TRUN A REINDEER INTO A COAT - OR FREEZE.


Cross counrty skiers need to eat 16000 calories a day and they dont get fat.
No of course Im not suggesting you get a pair of skis, what Im saying is the prinicple here is that if you act like a sloth, you will look like one.

BUT I DONT HAVE TIME FOR EXCERCISE;

Yes you do.

Tonight instead of JUST watching TV, hold out your legs in front of you for as long as you can and repeat for an hour.

hermanmunster_3

interesting thread. Some people I work with (same qualifications / similar age / probably comparable income from a variety of sources) are completely stressed out by money - they are always fretting about getting extra dosh, needless to say their cars are far more fancy than mine and the hols and clothes rather more glamourous. Suppose I finally registered when my accountant was discussing the July tax payment and suggested I coud reasonably pay less if it would help the cash flow, brain didn't work for a while coz of course the cash was being saved up for the taxman (well offsetting the mortgage anyway), eventually registered that many of my colleagues actually hadn;t got the cash to hand - one hand to go and get a loan as they had badly miscalculated.

sammy115

First off. Kerry Katona HAS just been made bankrupt.. I blame her advisors. I don't think anything can be gained by slagging her or her lifestyle off. Until you have walked in her shoes you cannot judge.

2. The millionaire next door - a good book and echoes what the OP states and again one which I love to read to remind myself.

3. I too can't see any reason behind the thread unless to stimulate healthy debate.


I too have worked for many clients who 'appear' to have very little and have in fact been mega rich, and also many who flash the cash but have very little to their name. All it has taught me is never to judge a book by its cover and to never worry what anyone thinks of me - cos whatever they think - they are usually wrong.:T

tealady

Hypno, you are loaded - with the things that REALLY matter. Things such as compassion, being non - judgemental and a willingness to put yourself out for others. There are quite a few others on these forums that I could say that about as well.

Idiophreak

I think you just need to ask the question the other way round...

"why do people with worse cars have more money" and the answer seems quite obvious

hypno06

tealady wrote: »

Hypno, you are loaded - with the things that REALLY matter. Things such as compassion, being non - judgemental and a willingness to put yourself out for others. There are quite a few others on these forums that I could say that about as well.

Thank you x