spend

Posh Ways to Blow Your Year-End Bonus

Do you have a year end bonus burning a hole on your pocket? Well then you better get to spending it (you know, for your own safety...) and of course there are more than enough people willing to give you ideas and take your money. Want a new car? An exotic vacation? An expensive work of art? Year end bonuses for some (namely bankers and Wall Street execs) this year are calculated to be somewhere in the $49 billion range altogether, so recession or not there's sure to be some serious spending going on.

Unfortunately I'm not part of that $49 billion demographic, but some of these spending ideas sure look awesome, especially the private jet charter. Hmmm, where wouldn't I like to go?

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Tags: bonus, buy, money, posh, shop, shopping, spend, spending

Newsflash: It's Expensive Being Rich

by Rigel Celeste (RSS feed) —

I can't believe I'm about to say this: Oh, those poor rich people.

But it's kinda true, if you're in a generous and sympathetic mood and willing to look at the numbers. The more money you have the more money you need, it's as simple as that. The luxury market and the prices of luxury goods is rising at about 3 times that of the standard market and of standard goods. Part of the reason for this is the fact that although there's more and more money floating around in the world there is still a finite amount of goods to be purchased with that money, and for people with money to spend status symbols become almost exclusively defined by their price: the higher the better.

It's a LOT more complicated than that, but it really can all be summed up in the simple phrase "it's expensive being rich!"

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Tags: expensive, luxury, luxury market, LuxuryMarket, money, rich, spend, spending, taxes, wealthy