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Topic	If you won the powerball would it solve all your problems?
LinkPizza 04/17/20 6:23:43 PM #51:	blu posted... Yes, everyone cant be wealthy to a point they can live off investments. Nothing would ever be produced! Everyone cant also do the same job. The size of your family and when you have children is a personal choice. Having a kid or two should only push retirement back a few years. A house isnt a necessity, its an indulgence. Shelter is a necessity, maybe a small apartment you split with a SO. Maybe a good sized 1 bedroom for $1000 a month, leaving them with a full $8000 to spend throughout the rest of the year if they need to live on 20k. Yes, you do have to consider how much a person spends. They can choose to spend their money on something other than a income-generating asset, or they can spend it on a consumer goods. Spending 15-20k isnt cardboard boxes and ramen levels of spending. Its a single bedroom apartment on the outskirts of a city, healthy meals, transportation, and good entertainment. It also leaves the average American able to save $10,000. Cardboard box and ramen is spending like $300 annually. The idea isnt to live a shitty life, but if buying luxury items are what makes life worth living for you...retirement isnt your thing. Having a child is going to push it back as much as it does. The problem is you won't know how much you have to spend on the child until after you have it. For things like medical (Whether they have a disability or not), food, clothes, school, etc. It'll probably push retirement more than a few years. That's if they live in a place where they can find an apartment for that price. Depending on the state, they might not. And that also depends on if they make as much as you're saying they will make. Which also depends on the area they live in. And how much they are actually getting paid for that job. And if they can actually get it. You'er making a lot of assumptions. Not only that, but you're making it at a time where you really can't because the world is very different now. And could end up very different after this whole thing is over. And the reason I say cardboard boxes and ramen is because whenever people bring up living a certain way, everyone always immediately turns to you can live cheaper. Which usually involves moving into somewhere small and possibly uncomfortable. And changing lifestyles like telling people to not have kids, or get rid of pets, or something similar. I like that you think you advice can work for anyone. But I wholeheartedly disagree. I think it can work for some people, possibly. But I disagree with you thinking it could work for most people or families. And I disagree with you thinking it would be easy for most people, as well... --- Official King of Kings Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around. <cite>LinkPizza posted [p:937595832] in If you won... [t:78592489]...</cite> <quote>blu posted...</cite> <quote>Yes, everyone cant be wealthy to a point they can live off investments. Nothing would ever be produced! Everyone cant also do the same job. The size of your family and when you have children is a personal choice. Having a kid or two should only push retirement back a few years. A house isnt a necessity, its an indulgence. Shelter is a necessity, maybe a small apartment you split with a SO. Maybe a good sized 1 bedroom for $1000 a month, leaving them with a full $8000 to spend throughout the rest of the year if they need to live on 20k. Yes, you do have to consider how much a person spends. They can choose to spend their money on something other than a income-generating asset, or they can spend it on a consumer goods. Spending 15-20k isnt cardboard boxes and ramen levels of spending. Its a single bedroom apartment on the outskirts of a city, healthy meals, transportation, and good entertainment. It also leaves the average American able to save $10,000. Cardboard box and ramen is spending like $300 annually. The idea isnt to live a shitty life, but if buying luxury items are what makes life worth living for you...retirement isnt your thing.</quote> Having a child is going to push it back as much as it does. The problem is you won't know how much you have to spend on the child until after you have it. For things like medical (Whether they have a disability or not), food, clothes, school, etc. It'll probably push retirement more than a few years. That's if they live in a place where they can find an apartment for that price. Depending on the state, they might not. And that also depends on if they make as much as you're saying they will make. Which also depends on the area they live in. And how much they are actually getting paid for that job. And if they can actually get it. You'er making a lot of assumptions. Not only that, but you're making it at a time where you really can't because the world is very different now. And could end up very different after this whole thing is over. And the reason I say cardboard boxes and ramen is because whenever people bring up living a certain way, everyone always immediately turns to you can live cheaper. Which usually involves moving into somewhere small and possibly uncomfortable. And changing lifestyles like telling people to not have kids, or get rid of pets, or something similar. I like that you think you advice can work for anyone. But I wholeheartedly disagree. I think it can work for some people, possibly. But I disagree with you thinking it could work for most people or families. And I disagree with you thinking it would be easy for most people, as well... --- Official King of Kings Switch FC: 7216-4417-4511 Add Me because I'll probably add you. I'm probably the LinkPizza you'll see around.</quote> ... Copied to Clipboard!
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