LogFAQs > #906873780

LurkerFAQs, Active DB, DB1, DB2, DB3, Database 4 ( 07.23.2018-12.31.2018 ), DB5, DB6, DB7, DB8, DB9, DB10, DB11, DB12, Clear
Topic List
Page List: 1
TopicMore young Americans and Democrats support socialism than capitalism
Damn_Underscore
08/14/18 3:23:20 PM
#125:


Cosmic_Diabetic posted...
Damn_Underscore posted...
Muta, you've been suggesting that it's not feasible for the average American (or the average working American) to save money for retirement.

Why is this? You know that the median household income in the US is about $60k, right? Of course, a household of 1 is a lot different than a household of 3, 5, etc. but if you have a mindset that you can't save money then you probably won't save any money.


Exactly. If you believe you can think the money into existence!


You can joke, but it really is about your mindset.

Let's say you are working more than one job which pays near minimum wage. There are probably a lot of people like that.

First of all, where do you live? Housing is the most expensive expense for most people. If you are living in an expensive city, you NEED to move out as soon as possible. That needs to be one of your main goals in life. Can you live with roommates? Can you live with family? Etc.

Second, how much are you paying for transportation? If you have a car, how much are you paying for it monthly? Do you need to have a car that's that expensive?

Basically, some people have it tougher than others, but it's up to you if you want to be financially successful. People who have trusts funds or whatever are lucky enough to have an ancestor somewhere along the line who didn't have much money but took the initiative to be financially successful.
---
Shenmue II = best game of all time
Shenmue = 2nd best game of all time
... Copied to Clipboard!
Topic List
Page List: 1