Plz,

what is meant by the phrase “keeping up with the joneses”?

this phrase refers to the annual event in august where investors compete with each other to see who can beat the market.

this phrase refers to the human behavior of wanting to spend more because we see others around us spending more and enjoying goods and services that we think we would enjoy as well.

this phrase refers to the newest reality television show that demonstrates the effect of saving early and often.

this phrase refers to the concept of saving up for only your needs in your budget, not your wants.