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uddr's avatar

Hey,I remember those days. Not one day did I ever think of buying stock in any company. Instead I spent my one dollar a week allowance on a slurpy, a handful of penny a piece red licorice, a Jolly Rancher Fire Stick and a couple packs of football or basketball cards.Had my mom not sold my whole collection to a card store for 50 bucks I could of sold my OJ Simpson card for who knows how much and still have Oscar Robertson, Gayle Sayers and Lew Alcindor. Damn, I would be rich right now! I only rented for a few months after high school till I lost my job at the Drive-Inn. I camped out, not on a sidewalk, but on rivers till I could afford an Airstream for $1200 with a propane fridge and later a 5 inch 12v TV. That burned down in 96 when at -30 my propane froze and I brought my Coleman Stove out, but I forgot about the tall flames they put out when you refuel it and my cabinets caught on fire. I ran out heading to a neighbor for water but by the time I got back It had burned down to the floor. There was 30 oz's of nuggets in there! I found them! The Copenhagen cans had melted onto them but I had my 8,000 bucks plus a still good flatbed trailer of which the tires are still pumped up and good to this day. It was a good life up until I found how the fake world really works from my old 5th grade football coach's website.

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JustPlainBill's avatar

"Anonymous" isn't completely wrong, but he tries to make whole cloth out of a few threads. Behaviors can certainly contribute to a life of poverty, but they are far from the only determinant. And I would agree that money alone can not fix the problem, but would qualify that by adding "beyond a certain point."

A couple who are our best friends had a very limited income for their entire working lives. They are East Asian immigrants who know how to make a little go a long way. They managed to get by fairly comfortably by working hard, making good choices and living within their means, finally able to retire owning two houses outright into the bargain. Many low-wage earners live with the prospect of working until they die, or at least until their bodies will no longer support a working life.

On the flip side, a good friend in my former industry whose career, income, and home setup paralleled my own would not have been able to retire at all were it not for Social Security. We both made very good money, but some of his lifestyle factors were different from mine. In my own case, things worked out much better, and my own retirement is certainly adequate to meet our needs and then some.

This kind of thing must lead you to the conclusion that luck is a big factor in where you end up. How big a factor is anyone's guess. The anti-free-will crowd would probably say it is the ONLY factor, but even a believer in free will must acknowledge that luck figures in to some degree. I can think back to the many times in my own life when a situation I found myself in could have gone seriously sideways in a way that could have changed my life--but it didn't. And so, despite my apparent "success," I feel fortunate and grateful rather than exultant.

Another thing I've realized is that many people are not only disinclined to think about this stuff (and the system is trying to train us NOT to think, a headwind for sure), but the demands of mere daily living just creates too much "noise" in their heads to make such thought possible.

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