Wednesday, May 12, 2010

NYT: Net-Worth Obsession

http://mobile.nytimes.com/article?a=594246&f=19

We tend to have an intense curiosity about our neighbors and friends, especially those who seem to earn about what we do but spend a lot more. Do they skimp on retirement savings or their children's college funds? Are they not burdened by student loans? Do they have a trust fund? Have they simply maxed out every credit card they can get their hands on? There's no way to answer these questions without seeing a breakdown of net worth.


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