[quote=pri_dk]If you can successfully fake it your entire life, is that any different than actually having it?
I know some people that I suspect are faking it, but it never seems to catch up to them.
So, either they are not faking it, or perhaps they are so good at faking it that it doesn’t matter that they are faking it.[/quote]
I don’t think it really matters what your friends/neighbors have or don’t have. As long as it’s not affecting you then it doesn’t matter at all.
I don’t base my friendships with people based on their net worth. So it doesn’t really matter to me. But I do have some people that I know that this kind of thing is really important for them to know.
However, the people that are typically faking it usually has it catch up with them at some point. I once had a neighbor that I assumed was doing very well….he lived right across the street from me, drove a Mercedes, kids were in expensive private schools and one day I found out he and his family moved away in the middle of the night. It seems he was in the middle of a foreclosure and rather than stick around to face the music and shame…he just moved…. He didn’t even say bye to anyone.
Of course this was back in 2003 when foreclosures and short sales wasn’t totally normal like they are now… Now you have people almost bragging in newspaper articles about not paying rent for 30 months like something they are proud of….
