If you make over 75,000 a year, are you rich? (hell)

[nutshell]

Originally Posted by Starfish

Reread my post:
"There are probably some people who live in the humblest circumstances, and have nothing left to save."
What am I ignoring?

My son who was in Ecuador, mentioned that even in the poorest shack-like home, there'd always be a TV, and plenty of booze.

But yes, there are those who truly have nothing--but not that many in this country when compared to the rest of the world.

I apologize if I misunderstood.

[Reverend Rick]

Originally Posted by GeneCosta

For young adults fresh out of (or in) college there are few alternatives.

I hear you. Life is unfair. When people first start out they make the least amount of money, work the hardest and need the most amount of stuff.

When you get older, your kids are raised, you have everything you need and make the most money for the least amount of work.

Americans have a love affair with their cars. Knowing what you can afford is hard at first. If you need a car to get to work, you have made a poor choice where you live. If your job is not near cheap housing, you chose the wrong job.

Some folks cannot afford to work some places.

Too many people want to like where they live and enjoy their job. If there is no efficiencies in your area, you live in the wrong area. If you are hell bent on living somewhere, share the house or apartment and it is always best to move in with someone else than have someone move in with you.

Wealth is what you acquire not what you earn. Wages have nothing to do with it. How long you work and what you do with the money does. Always live below your means and resist temptation to spend when ever you can. Going to the movies, eating out and spending time in bars is great fun but a real killer on your cash flow.

[Reverend Rick]

Originally Posted by mball1297

What if you absolutely have to touch it?

Being rich isn't equal to having luxuries. The middle class has luxuries, but only enough to make them "normal" in our society. Being rich requires more than just a "nice" house and a computer.

Some people can't afford to be normal. You have three chances in life to be rich.

1. Born rich
2. Marry rich
3. become rich

Most people who become rich never really enjoy their money because old habits are hard to break.

People who you think are rich, rarely are and people you would never dream of just might be.

If you absolutely have to touch your savings, that is what it is for. If you touch it every week, you are living beyond your means and something has to go or you have to make more money or you have to share the expense with someone.

If all else fails, you can always go home to mommy and daddy if your lucky enough to have their support.

[nutshell]

Rick, I think you are still ignoring the fact that even if everything you say is true, there is still a group who is poor and will remain poor no matter what they do on their own.

[Fluffy]

Rick, I think you are still ignoring the fact that even if everything you say is true, there is still a group who is poor and will remain poor no matter what they do on their own.

Yes this seems to be the crux of the matter.

Whilst microfinance, and especially savings, have had a measurable impact on those in poverty but not in absolute poverty (for example on those who have non-steady incomes rather than no income), they have been equally ineffective in helping those in absolute poverty.

However, there are many, many people who could help themselves right now by saving but don't because they don't think that they can.

[Reverend Rick]

Originally Posted by nutshell

Rick, I think you are still ignoring the fact that even if everything you say is true, there is still a group who is poor and will remain poor no matter what they do on their own.

Only if they are disabled. I see plenty of disabled folks who make it too.

Please give me an example of this person nutshell. The person so hopeless that cannot or will not feed themselves. A person so helpless they cannot wash dishes or answer a phone and take a message. A person who could not be a greeter at Walmart?

[Fluffy]

Originally Posted by Reverend Rick

Please give me an example of this person nutshell. The person so hopeless that cannot or will not feed themselves. A person so helpless they cannot wash dishes or answer a phone and take a message. A person who could not be a greeter at Walmart?

You should also include some carers of people with disabilities and asylum seekers (in the UK).

[Starfish]

Originally Posted by nutshell

Rick, I think you are still ignoring the fact that even if everything you say is true, there is still a group who is poor and will remain poor no matter what they do on their own.

"For ye have the poor with you always, and whensoever ye will ye may do them good; but me ye have not always." Mark 14:7

However, some in that group, need not be there. For many there is a way out, if they are willing to take it.

[nutshell]

Originally Posted by Reverend Rick

Only if they are disabled. I see plenty of disabled folks who make it too.

Please give me an example of this person nutshell. The person so hopeless that cannot or will not feed themselves. A person so helpless they cannot wash dishes or answer a phone and take a message. A person who could not be a greeter at Walmart?

I'm not talking about the disabled and I've already told you who this person is: A person who, even if they do everything you suggested, cannot make it. They do wash dishes, they do answer phones, they do work at Walmart, and they do many other things too.

This class exists and it is apparent you fundamentally reject this.

Did you review the links to the show I suggested?