Luxury Brand Management A World Of Privilege WalkWhy Your Expensive Luxury Car Doesnt Impress Smart People. A few days ago Jennifer commented on a post I had written entitled 8 Big Reasons Why Youre Getting an F in Personal Finance 1. She was lamenting the sense of entitlement she saw in many people. Here is an excerpt I know a woman who is a single mother and hit up her friends for money to replace the engine in her SUV. I declined to participate because even though I have a lot more money than her, I have a 9 year old car thats worth maybe 2. K. Her engine costs more than my whole car I will admit that peer pressure is real though. Ive had many people mock my car, and if I cared, I would run out and get a fancier one. Ah, Jennifer. Let them mock you all they want because those people clearly have a misguided view of how the world really works. Yes, its true a large segment of society still believes that the car a person drives is a status symbol that accurately reflects the level of financial success he or she has achieved. The truth is smart people know nothing could be further from the er, truth. Dang, I hate when I do that. As far as smart people are concerned and even dummies like me the sticker price of somebodys car can never be considered a reliable indicator of financial success. If you dont believe me, just look around the proof is everywhere. For example, here in Southern California I see teenagers driving BMWs, and Lexuseseses or is it Lexi I dont think most of them hit it big blogging, or own wildly successful businesses at that tender age. I also see people working in jobs that pay 3. Infinities. Is that supposed to be impressive More like stupid. Heck, Jennifers friend owns a relatively modest priced SUV and she couldnt even afford to get the engine fixed. So clearly, one cannot determine the size of a persons bank account merely by the type of car they drive. I know a couple that used to live in my little neighborhood community who drove brand new his and hers BMWs. Guess what The bank foreclosed on their house a while back and they had to move away. Although I do not know the exact circumstances that led to the foreclosure, perhaps if they drove more modest cars that didnt require monstrous monthly payments or better yet, no payments at all they might still be living in their home today. Although we can truly afford to drive almost any car we desire, both the Honeybee and I drove our 2. Honda Odyssey and 1. Honda Civic, respectively, for more than 1. Hondas. Those cars are not glamorous, obviously, but I kept them well maintained best of all, for the majority of the time that we drove them, they were paid for Although she didnt say so, I bet Jennifers car is paid off. Ill also wager the vast majority of newer luxury cars on the road arent. And while those over extended luxury car owners will continue to be saddled with some hefty car payments over the next several years for the privilege of traveling to their jobs in style, the rest of us will continue driving our Honda Civics, Toyota Corrolas, and Ford Focuseses es or is it Foci And guess what Most of us wont give a darn what the others think either. If I had to give any advice to Jennifer on this subject, I would tell her that she should never fear peer pressure for owning a beater for a car. Financially savvy people actually consider it a badge of honor. Photo Credit Prayitno. Descargar Piratas Del Caribe 2 Latino Dvdrip. Luxury Brand Management A World Of PrivilegesElevate your travel experience with the TD Aeroplan Visa Infinite Privilege Credit Card. Apply today to receive bonus welcome miles concierge services. Book direct with AccorHotels. Find your stay from our 5,000 budget to luxury hotels worlwide. Save now The Playboy mansion, a stately 1927 home famous for exotic parties where movie stars, athletes and billionaires frolicked with scantily clad women, is to. Related Posts 14 Ways to Help Prepare Your Kid for the Real World 9 Ways Youll Pay Later for Giving Your Kid a Credit Card Now Dear Diary What I Did On My. Monday newsletters always feature top 10 travel lists to inspire. Today August 21, 2017 top 10 most fabulous Aman resorts in the world. Aman is widely acclaimed as. Grecotel Hotels and Resorts provide luxury accommodation for your travel to Greece, in 5 and 4 star hotels at the best locations for Greek holidays. The Luxury and Fashion Brand Management program is a specific combination of the aesthetic and creative focus to the business sector. It increasingly demands an in. With our diverse group of partners, you can earn additional Qmiles to get you closer to that complimentary flight.