Sunday, September 12, 2010

Spending and Investing

Spending creates a specific level of living standards at the amount commonly spent.  In addition, saving and investing reduces the future spending necessary to maintain that same living standard and allows you to then spend the same for a better living standard.  Spending more than one has will also boost the living "standard", but only so long as you can spend more than you have.
John Jolly, 09/09/2010

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