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If one slave creates a tool that he secretly keeps to save him one hour a day over the other slaves, I am sure he would be quite pleased with himself so long as it never occurred to him to compare his lot to his master. Like a child that pulls up a chair to get to the cookie jar, so are those in the middle class who merely discover the margins of frugality, and declare they are masters of their fates.
What is saving? Saving is not a cure all. All it does is deny one self. This is good when there is no surplus. Saving works only under certain conditions, and is not applicable in the aggregate. Saving only works when resources are constrained. No one says save me a seat in an empty movie theater.
What is saving? Saving is not a cure all. All it does is deny one self. This is good when there is no surplus. Saving works only under certain conditions, and is not applicable in the aggregate. Saving only works when resources are constrained. No one says save me a seat in an empty movie theater.
Don't know about you but savings let me retire early, savings let me buy a car for cash, savings let me pay off my mortgage early.
They DID save me a seat
Don't know about you but savings let me retire early, savings let me buy a car for cash, savings let me pay off my mortgage early.
They DID save me a seat
That's irrelevant to the situation w/ the current middle class. You're still spending money you earned. Unless your point is that you've saved enough, that you were able to reinvest the interest you earned into those purchases, then you're no different than the guy who buys a tv w/ his first paycheck.
That's irrelevant to the situation w/ the current middle class. You're still spending money you earned. Unless your point is that you've saved enough, that you were able to reinvest the interest you earned into those purchases, then you're no different than the guy who buys a tv w/ his first paycheck.
I AM the current middle class. I didn't go in over my head.
White collar worker with a blue collar lifestyle so I was able to save alot and pay off debt.
That's how my parents did it and that's how I'm doing it. Too bad many bought into the consumer propaganda that they could have it all "on credit".
Don't know about you but savings let me retire early, savings let me buy a car for cash, savings let me pay off my mortgage early.
They DID save me a seat
I doubt most people have lived on half their income as I have. What does that have to do with the concept of saving which is to prioritize consumption? Why do you think treasury yields are so low?
If you think pithy, silly remarks is insightful, you will not save well.
Like what? You mean not thinking like a slave and thinking rationally?
Well those are the rules by which we live. You cannot exist outside of these rules so you play the game.
The taxman will come for his regardless of what your philosophy is.
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