The Riches of a Simple Life

Have you ever wondered if the Joneses were actually filled with riches and glamour or if they were just putting on a façade to cover up their financial burdens? Here are reasons why not keeping up with the Joneses next door will make you rich by understanding the secrets of living a simple life.

There are many misconceptions of living a simple life. Living a simple life does not mean that you have to give up all of your luxuries but you do have to tone it down a bit. You can still enjoy the luxury of showing off by buying luxury goods but you can try instead of buying a new designer handbag every month, try buying one every other month which can save you at least $500 a month to allocate elsewhere. This way you're still happy because you still get to have a new handbag and your savings is able to grow and put away as a safety reserve in case of an emergency. You might think that $500 a month is not much but try cutting back on other luxuries as well and you can see that it will add up to a bundle.

People who try to keep up with the Joneses are living paycheck by paycheck just to keep up so they either end up burying themselves in debt or they don't have a safety nest to bounce back on so in a case of emergency they have no money to help them out. So ask yourself, are you still jealous of the Joneses next door? Probably not anymore right? A lot of people take emergency reserve for granted thinking a crisis will never happen to them so they put their image before what really matters. So ask yourself is it really important to be wearing the latest Gucci when you're broke and living out of your BMW until that is sold because you want the new Louis Vuitton tote handbag?

The truth of the matter is, the Joneses are as broke as anyone else so don't be fooled by their Mercedes Benz and their tales of how business is booming so much that they don't even know what to do with all their money. They're broke like a joke. So ask yourself, do you really want to put on a fake smile just like the Joneses? Of course not, you want to put on a real smile and by making this change you will be able to live the life of luxury backed up with a safety net. The Joneses next door would really be jealous of you.