Man, that’s tragic. I was poor most of my early life, and when I finally started to make enough money to be comfortable, I knew that the thing I couldn’t do was fall into the lifestyle trap. Living well below my means saved me so much hardship when things weren’t going well. I know that many don’t ever get to the point of comfortable, though, and there’s a bit of luck and effort, to that.
Oh for sure. I had one good run with a company that went public. I leveraged that into long term investments rather than buying expensive stuff I didn’t need.
And on top of that for most government workers their paychecks have been remarkably stable. Assuming you’ll always be employed plus easy credit and bad financial habits are a bad combination
The neighbor is part of the (in 2019) 51%.
“Most Working Americans Would Face Economic Hardship If They Missed More than One Paycheck”
source
Man, that’s tragic. I was poor most of my early life, and when I finally started to make enough money to be comfortable, I knew that the thing I couldn’t do was fall into the lifestyle trap. Living well below my means saved me so much hardship when things weren’t going well. I know that many don’t ever get to the point of comfortable, though, and there’s a bit of luck and effort, to that.
I wish we could do that. Renting and buying houses today makes it incredibly difficult to live very far below your means.
Oh for sure. I had one good run with a company that went public. I leveraged that into long term investments rather than buying expensive stuff I didn’t need.
And on top of that for most government workers their paychecks have been remarkably stable. Assuming you’ll always be employed plus easy credit and bad financial habits are a bad combination