With $125K to spend yearly, time to trade in the pair of Mercedes
(NEWSER) - With just $2.5 million at her disposal as her husband heads to jail, Ruth Madoff won't exactly be sentenced to penury, but she'll have to cut her annual expenses to the low six figures if she wants it to last her lifetime, reports Brett Arends of the Wall Street Journal. She should start by trading the two Mercedes in for a SmartCar, and finding a $3,500-a-month rental apartment—modest by Manhattan standards. Or, better, she could move to Florida—farther inland than the Palm Beach spread she's lost—where her dollars will go farther. More»