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TopicWhy are so many people bad with money?
Solid Snake07
02/21/21 4:23:52 PM
#41:


Conker posted...
This doesnt even make sense. Having a nice phone shouldnt deter someone from having that same good career you speak of, which is the deciding factor of staying poor or not.

The phone has no real reason to keep someone poor or not and having a good place to live or a nicer car in three years.

Lets say they buy a $200 phone instead of a $500-1000 phone. In three years, that extra $500-1000 is less than a month of rent or mortgage on a new place to live. That phone isnt gonna prevent that.

Now a new car thats $500+ a month will, and I agreed with that earlier in the topic. If you can keep a car thats either low cost or paid off for longer its worth it rather than getting something new, if its going to prevent you from getting a new home.


It's not just about a phone or a car. This pattern of behaviour tends to permeate into almost every facet of life for people.

I think the average credit card debt for Americans is like 6 grand, the average income is 30 something. That's a problem

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