Get Smart With Money


The Urge to Splurge

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Sunday 14 June 2009

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It’s easy to think ‘if only I earned more everything would be different.’ However this isn’t necessarily true. Insert Prime Example No. 1: Mr Mark Philippoussis. He earned more than most of us could dream of (around $10 million), yet led a lifestyle that saw it dwindle to nothing.

It poses an interesting question: is earning more the answer to financial independence or is it what you do with what you earn that counts?

In Moneygirl’s article of the week Scott Pape (aka: The Barefoot Investor) on the Herald Sun Online looks at ‘The Poo’s boo-boos’ and suggests that having a high income doesn’t necessarily equal wealth.

Join our forum topic of the week – Is earning more the answer?



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1 Comment

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14 Jun 2009 at 8:46 pm

Great article by barefoot. Really enjoyed reading it.

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