Many people give too much weight to status. And pay too big a price for it. Read More
As you well know, these words of wisdom have to be earned.
We live in a highly consumptive culture.
It takes a strong character to truly come to terms with status and money.
But, some people do get there.
And, your piece can say much to those who do.
Many of the status-seeking people I know use their status to compensate for a feeling of worthlessness. They look confident but always head straight for the liquor at get-togethers and buy every new gadget before they've even used the previous model. Marital infidelity, $20,000 watches, and your using your children as perpetual designated drivers are not the sign posts of contentment.
Most of the people that are status obsessed are almost always extremely insecure deep down. They try to portray this idea that they are something special by seeking status.
It really basically just screams "I'm insecure and need items that make me look rich to feel good about myself."
I think there is an a priori bias at work here, that money and status are shallow and immature.
Actually it takes a lot of money to have a nice middle class life these days. We all want to give good things to our kids and we all want to have a comfortable old age.
Money often follows status. Money makes all things possible. One doesn't have to worship money, but just try living without it.
Wealthy people have status whether they seek it or not. Many wealthy people are introverted and don't seek status as such, but they seek money because they need it, their spouse needs it, their kids need it, their dog needs it, their doctor and lawn guy and everyone else needs it.
But buying Louis Vuitton purses to satisfy a princess wife or buying a car just for the badge on the hood is striving to put the cart before the horse. The good life only looks good to others if they know you can truly afford it. And it's fairly easy, if you have money, to recognize those who are just pretending.
agreed - I wonder if those who notice wealth and are angered by it are the unhappy ones and pretend that wealthy are unhappy as a sacrifice as a way to make them feel better about their situation?
who knows- I am happy being me in my car and wish all to be happy in theirs lol
Your comment "Not only does the average Mercedes, BMW, Jaguar, Lincoln, or Cadillac cost as much as three Toyotas, those cars spend far more time in the shop."
Untrue. I have a Mercedes E-class. It's new and never in the shop? The one before this one was bought 2 years old and driven for four - never in the shop?
However, I agreed with your point of view that happiness is often sacrificed for prestige. This is why rather than continue with insurance I'm seeking a career in psychology.
However, your car example fell flat and I will never want a Toyota over a Mercedes if given the choice!
The 2014 got a good rating from Consumer Reports. But the vast majority of the Mercedes on the road have both a repair record and need-for maintenance that is well below that of much less expensive cars such as Toyota, Honda, and Subaru, as I wrote. Here's one of many links that documents this: http://www.autoguide.com/auto-news/2012/05/are-german-cars-reliable-myth.... In fact, I'll embed that link in the article at the place where I make that assertion.
Thanks for adding a reference as it was unclear if your assertion was as a result of personal experience or elsewhere...
Interesting, statistically, but I wonder how the comfort factor between makes rate in comparison or gas economy or expected overall mileage attainment ie when does the engine go bust? How variable is this ie correlative or causative in respect of vehicle make? This would be especially intereting because many luxury vehicles have parts, including engines, which are manufactured by standard vehicles ie Cadillac/GM or Jag/Ford.
Although you have not swayed me (I will always be a fan of Mercedes - the icon you used for your article enticed me to read!), I thank you for your contribution and comments.
Thanks for making this site great.
That is the problem of most of the people living in every society. Even in my neighbourhood people buy whatever stuff their relatives or neighbours are having. If neighbours are buying Toyota prius then they will go for Prius no matter how much debt will be cause by buying this car. accident repair cirencester
Now-a-days most of the people like to maintain the status and as per their status they use all the luxurious things and enjoy the life very well. As per the income, people like to maintain their life style, as per the income people make one home for their living and a luxurious car for the comfort and luxurious journey.
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When and how should we open up to loved ones?