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Old 11-23-2012, 07:54 AM
 
46 posts, read 143,382 times
Reputation: 30

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my sister said that she is having trouble paying the bills and she makes 60,000 a year so shes middle class i was wondering about the lower class of like 20 or 30,000 a year how can they afford everything?(mortgage,tv,phone, internet,car bill,gas,insurance,clothes,food,electirc or gas heating air condtion,dental bills, etc.)?
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Old 11-23-2012, 09:00 AM
 
373 posts, read 644,214 times
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Well we watch every single dollar we bring in and spend it with caution. I use coupons like crazy. People give me coupons which I use to my advantage, like running this morning to kohls to get a $20 pirate ship with a $10 off coupon and 15% off for a grand total of $9 bucks. That is one of my sons gifts.

I get food stamps and still use manufacturer coupons and sales to stretch my food stamps to feed us for the month.

I call utility companies for discounts and I never pay full price for anything. I always ask for discounts.

I drive a 7 year old car. I shop insurance every year. I never go to the doctor and rarely the dentist unless I have to.

I live in amedium high cost of living area and own a small house. It is a struggle every single day but I would not trade my kids for all the money in the world.

I do wish I could find a decent paying job. I recently lost my third job in the last year. A job that I could go to for at least a year would be a blessing.
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Old 11-23-2012, 09:12 AM
 
344 posts, read 427,851 times
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In a lot of cases people are poor because they have everything. I know people who make $60k a year and stay broke because they are trying to keep up with the Joneses. I guarantee you will not see people with a net worth of a least $1 million spending money like crazy on black friday.
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Old 11-23-2012, 10:13 AM
 
Location: MO->MI->CA->TX->MA
7,032 posts, read 14,488,806 times
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Skimp on housing and car and the other expenses don't really amount to too much..
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Old 11-23-2012, 11:15 AM
 
Location: Planet Eaarth
8,954 posts, read 20,687,683 times
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Quote:
Originally Posted by gritsmassboy View Post
my sister said that she is having trouble paying the bills and she makes 60,000 a year so shes middle class i was wondering about the lower class of like 20 or 30,000 a year how can they afford everything?(mortgage,tv,phone, internet,car bill,gas,insurance,clothes,food,electirc or gas heating air condtion,dental bills, etc.)?
Much of what is the American life style is NOT required to live a simple life.
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Old 11-23-2012, 11:17 AM
 
Location: Beavercreek, OH
2,194 posts, read 3,851,861 times
Reputation: 2354
Quote:
Originally Posted by gritsmassboy View Post
my sister said that she is having trouble paying the bills and she makes 60,000 a year so shes middle class i was wondering about the lower class of like 20 or 30,000 a year how can they afford everything?(mortgage,tv,phone, internet,car bill,gas,insurance,clothes,food,electirc or gas heating air condtion,dental bills, etc.)?
Hi gritsmassboy--

Here's why: In Entitlement America, The head of a household of four making minimum wage has more disposable income than a family making $60,000 a year

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Old 11-23-2012, 11:41 AM
 
Location: In The Pacific
987 posts, read 1,387,042 times
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The 1st & 2nd column is very interesting!
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Old 11-23-2012, 11:44 AM
 
837 posts, read 1,798,967 times
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Quote:
Originally Posted by proverbs23and7 View Post
I guarantee you will not see people with a net worth of a least $1 million spending money like crazy on black friday.
Yup...
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Old 11-23-2012, 11:49 AM
 
Location: Victoria TX
42,554 posts, read 87,014,195 times
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The poor are the shoppers on Black Friday, because they didn't already buy the same stuff at twice the price a few months ago.
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Old 11-23-2012, 12:06 PM
 
Location: On the corner of Grey Street
6,126 posts, read 10,112,026 times
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I think a lot of people live outside of their means. They might make good money but when they have a 2000 dollar mortgage, 500 dollar car payment, fancy cable with a million channels, the newest and greatest tech gadgets, and go out to eat all the time they struggle as much to pay the bills they have as much as someone who works minimum wage would.

I know what you mean though...I make a fairly decent salary and it's hard. Between rent, car insurance, groceries...it takes a lot of money to live.
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