I had always noticed this phenomeno… How its people who can barely afford middle-class, who inssisted on spending like they’re super-high class. Most people throwing money around I had noticed were pretty insecure people trying to look rich. I did doubt my observation (as I always think you should when you don’t have evidence past anecdotal)… But it turns out I might have been right. Apparently 86% of luxury cars are bought by people who aren’t millionaires.

Michelle Singletary – To truly become rich, you need to stop acting like it – washingtonpost.com

* 86% of all luxury vehicles are driven by people who are not millionaires.

* $16 what most millionaires pay for a haircut (including tip)

There are many words to describe how so many people end up in financial trouble, but one stands out.

Pretenders.

Sure, sometimes bad things happen, and it’s not your fault. But many of you — and you know who you are — are experiencing economic problems because you were pretending to be rich.