Monday, February 27, 2012

Lifestyle Upgrades

I'm a big fan of personal finance blogs, and below is a post from Wise Bread that you'll enjoy:

Every noticed how upgrading one thing means you have to upgrade another? There's a name for that — the Diderot Effect. (See also: Have Style, Not a Lifestyle)

We've just lived through an example of the phenomenon, because our apartment manager has just installed a bunch of upgrades in our apartment. It happened like this:

The very old kitchen faucet started leaking, requiring a new fixture. But the new fixture wouldn't fit into the hole in the old sink, so we needed a new sink. The new sink wouldn't fit into the hole in the old countertop, so we needed a new countertop.

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