What is a millionaire?

£££££££££££££££££££££££££££££££££

In this age where money appears to be the master, rather than the slave, I find myself confused by the dramatically emerging tragedy of arson, death and intrigue which is unfolding by the minute on the TV this week. The family involved are constantly referred to as having millionaire status, yet reading the story, one has the impression that they were, in fact very much like millions of other people in the country, i.e., in negative equity and living well above their means.

The media, too, appears to be caught up in the misconception that having expensive possessions, albeit unpaid for and in reality belonging to somebody else, makes people different from Joe and Jane Bloggs

I find it terribly sad that folk have to try to keep up appearances and lose track of reality.

Mr Micawber had it about right when he stated: “Annual income twenty pounds, annual expenditure nineteen and six, result happiness. Annual income twenty pounds, annual expenditure twenty pounds ought and six, result misery.”

Somewhere along the line, since I did maths at school (admittedly a long time ago) ‘debit’ became renamed ‘credit’ and I can’t help thinking that that is where the rot started to set in.

Years ago, people tried to avoid being ‘in debt’.

Now it is increasingly rare to find folk who have bank accounts in credit… though to have ‘a good credit rating’ can mean that a person can get very deeply into debt….

What a sad, sad world we live in!

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