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Sometimes one person's luxury is another's necessity.
An amateur musician might 'indulge' in a $3,000 guitar and an amplifier that costs another $1500, but the guy who makes his living playing the guitar every night needs that level of quality and durability to survive.
And they may both need a fancy cell phone or an iPad equally to do biz.
It is only at the rock bottom that a person must make very critical decisions every day on what is needed for survival or not. The poor are not all fools, nor are they all wise these days.
The main thing I see most of us doing is trying to check our impulsive buying habits. I think we could debate all day as to whether it is better to own 6 pairs of cheap shoes or one good pair. Which is the luxury? $180 spent once, or $180 spent over 6 times?
I think we could debate all day as to whether it is better to own 6 pairs of cheap shoes or one good pair. Which is the luxury? $180 spent once, or $180 spent over 6 times?
True, I guess if you save diligently on a daily basis, splurging occasionally isn't a big deal.
In many countries, a person without much education or skill or intelligence will not be able to afford to buy luxury items. Things are very different in the US, and I'm not sure if that is a good thing. For example, I noticed a few people that I know that probably have high school degrees (if that) and less than 6 months in a training program that led to a job. They are not highly trained and are probably less than average when it comes to intelligence and drive. I found it surprising that they are able to buy the newest I phones and I pads, nice cars, along with other things that I think of as luxuries.
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Maybe their training, intelligence, and drive are not as low you think.
True, I guess if you save diligently on a daily basis, splurging occasionally isn't a big deal.
Yup. I agree completely!
Saving a quarter daily is enough to buy one good shirt eventually. I was stone broke in 2005, but was working, and the money would eventually come. I wore one good shirt to rags, but it lasted. That money I socked back over a year a quarter, then a dollar at a time made it easy to buy the replacement when the first shirt finally was only fit for wiping rags.
On the other hand, medical care is a luxury in this country, but in Canada it is considered a right even for the poorest. But for the things that are so available, even to lower income people. Usually it is because they are being dumped on the market. Many other countries, for better or worse, do not allow that.
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