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Old 07-05-2015, 04:53 AM
 
41,110 posts, read 25,740,361 times
Reputation: 13868

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Quote:
Originally Posted by ahzzie View Post
So EVERY poor person lives beyond their means and emphasizes consumption? Think about this now...every single one?
If you have to borrow money, If you can't put money aside for your future, then yes, you are living beyond your means. Most people do, it's just to the extent that they live beyond their means, our government also lives beyond the means it's citizens can support.

 
Old 07-05-2015, 04:57 AM
 
41,110 posts, read 25,740,361 times
Reputation: 13868
Quote:
Originally Posted by Natural510 View Post
Yeah me too. I wish their employers would pay them more than $8/hr so they don't have to rely on government handouts to get by, all while the employer is rewarded with huge tax breaks for "job creation".
I wish those employee's would have given some thought of their future instead of thinking life was going to be a white picket fence. What did you think? Did you think you could live the good life on a McD's income?
 
Old 07-05-2015, 06:15 AM
 
33,016 posts, read 27,464,007 times
Reputation: 9074
Quote:
Originally Posted by petch751 View Post
If you have to borrow money, If you can't put money aside for your future, then yes, you are living beyond your means. Most people do, it's just to the extent that they live beyond their means, our government also lives beyond the means it's citizens can support.

If what you say is correct, isn't it wrong for government to prohibit poor people from using extreme housing tactics to live within their means?
 
Old 07-05-2015, 06:18 AM
 
33,016 posts, read 27,464,007 times
Reputation: 9074
Quote:
Originally Posted by petch751 View Post
I wish those employee's would have given some thought of their future instead of thinking life was going to be a white picket fence. What did you think? Did you think you could live the good life on a McD's income?

I live frugally and cannot save anything on $14K. That's why I want to pitch a tent or buy/rent a tiny house. Shouldn't that option be available to poor people?
 
Old 07-05-2015, 08:38 AM
 
Location: Long Island, NY
19,792 posts, read 13,951,723 times
Reputation: 5661
Quote:
Originally Posted by ahzzie View Post
The conservative point of view never ceases to astound me. According to you, everyone that's poor got that way as the result of bad decisions. No one ever became poor due to a bad economy, an unusual turn of events that's out of their control, or just plain bad luck. No, it MUST be because they made "bad decisions" or are lazy. I swear you just can't make this stuff up. Do you guys ever wonder why the nation is headed toward a more liberal form of government? You should look at yourselves in the mirror and actually listen to the garbage you preach. At some point you'll figure out why no one listens to you when it comes time to make policy.


 
Old 07-05-2015, 11:15 AM
 
Location: the very edge of the continent
89,026 posts, read 44,840,107 times
Reputation: 13714
Quote:
Originally Posted by ahzzie View Post
So EVERY poor person lives beyond their means and emphasizes consumption?
Many do, yes. If they didn't, they would be acquiring wealth, no matter how small.

5 foolish things people do when they're broke
 
Old 07-05-2015, 11:17 AM
 
Location: the very edge of the continent
89,026 posts, read 44,840,107 times
Reputation: 13714
Quote:
Originally Posted by freemkt View Post
My readings suggest that Dr Stanley does not expect people to build wealth until their income reaches about $40K -and that was some years ago.
No, read the article I just posted. It's not that people are "expected" to spend all of their income up to that level, it's that they foolishly choose to do so.
 
Old 07-05-2015, 11:20 AM
 
Location: the very edge of the continent
89,026 posts, read 44,840,107 times
Reputation: 13714
Quote:
Originally Posted by freemkt View Post
If what you say is correct, isn't it wrong for government to prohibit poor people from using extreme housing tactics to live within their means?
Like getting roommates to share and therefore reduce housing expenses? The government doesn't prohibit that until someone tries to cram too many people into a residence.
 
Old 07-05-2015, 11:22 AM
 
Location: the very edge of the continent
89,026 posts, read 44,840,107 times
Reputation: 13714
Quote:
Originally Posted by freemkt View Post
I live frugally and cannot save anything on $14K.
No, you don't. You've already admitted you're paying $700/month to rent a room in a house. That's ridiculously high. And you also claimed that because you're an adult, you "deserved" to live alone (without a roommate) if you wish.
 
Old 07-05-2015, 11:23 AM
 
Location: the very edge of the continent
89,026 posts, read 44,840,107 times
Reputation: 13714
Quote:
Originally Posted by MTAtech View Post
.....
What a crock of sh*t. Many of the highest-funded schools in the country have the worst outcomes.
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