LogFAQs > #926234170

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Topic	Why is it so many people dont have any sort of savings
Rika_Furude 08/18/19 5:45:52 PM #78:	Conflict posted... Rika_Furude posted... hockeybub89 posted... Because they barely have money as is and schools don't prepare people to be adults in any way I mean, financial management is one thing but i dont think you need a class to not immediately spend everything you earn. At that point its less of a failing of the schools and more of a lack of common sense Do you think the only way to not be able to save money is by "not immediately spending everything you earn"? If you make minimum wage and live paycheck to paycheck, with essentially no money for yourself after paying for bills, groceries and utility expenses, you're not going to be saving shit. Stop living in this fantasy world where everyone who doesn't have a savings is buying 2019 BMWs and $1000 iPhone Xs. Certainly there are people out there in tough situations that legit are barely making enough to cover their already low expenses. Im not questioning those people. The topic is about people who just frivolously spend instead of saving when they do have the opportunity. Who have tons of credit card debt and pay a ton of interest on that instead of just buying what they can afford etc --- Posted with GameRaven 3.5.1 <cite>Rika_Furude posted [p:926234170] in Why is it ... [t:77946851]...</cite> <quote><cite>Conflict posted...</cite> <quote>Rika_Furude posted...</cite> <quote> <cite>hockeybub89 posted...</cite> <quote> Because they barely have money as is and schools don't prepare people to be adults in any way </quote> I mean, financial management is one thing but i dont think you need a class to not immediately spend everything you earn. At that point its less of a failing of the schools and more of a lack of common sense</quote> Do you think the only way to not be able to save money is by "not immediately spending everything you earn"? If you make minimum wage and live paycheck to paycheck, with essentially no money for yourself after paying for bills, groceries and utility expenses, you're not going to be saving shit. Stop living in this fantasy world where everyone who doesn't have a savings is buying 2019 BMWs and $1000 iPhone Xs.</quote> Certainly there are people out there in tough situations that legit are barely making enough to cover their already low expenses. Im not questioning those people. The topic is about people who just frivolously spend instead of saving when they do have the opportunity. Who have tons of credit card debt and pay a ton of interest on that instead of just buying what they can afford etc --- Posted with GameRaven 3.5.1</quote> ... Copied to Clipboard!
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