We have seen the future, and it sucks.

15 Frugal Billionaires Who Live Like Regular People

20th January 2013

Read it.

And why not? Technology give the ordinary middle class family amenities that Kings a hundred years ago couldn’t have. (Not didn’t have; couldn’t have, because the technology didn’t exist yet.)

Most of the over-the-top spending you see in the papers and on TV is the result of rich people trying to impress — their guests, their friends, their neighbors, the aforesaid papers and TV, and most importantly themselves. There is an essential distinction between a ‘rich person’ and a ‘person who has a lot of money’.

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