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Reply to "Why is it hard for some privileged people to realize that saving is hard? "
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Especially if you make barely enough to cover the bare minimum. I am honestly disgusted by people online and in real life saying that govt employees (and everyone) should have 3-6 mons of expenses saved. That's mighty hard seeing as a lot of people live check to check. If I can barely make it to payday, where is the "savings" money coming from? We don't all have surplus funds at the end of the month to put away. And 6 months of expenses? That's a lot of money when most people don't even have $1000 for an emergency. [/quote] Hon, I made 60k one year and saved 20k of it. I had my expenses down to 2k/mo. Ans yes, this is in the DC area. I was than a. SAHM, DH made 110k/yr (less than thr average federal worker) supporting 3 people and managed to save 25k/yr, not including 401k, so even more. Unlike many, we know the difference between a want and a need. [/quote] It’s awesome that you were able to do that! So what about people who haven’t - should they starve?[/quote] So the people who have made sacrifices in their life to save should simply bail out people who didn't?[/quote] This thread was asking for empathy, not donations. [/quote] The PP I was responding to talked about people "starving." I didn't realize that empathy staved off starvation, or other less sever forms of deprivation.[/quote] On the other hand, scolding on the internet definitely helps. And how do you know people with less money haven't "made sacrifices"? Maybe they sacrificed having another kid or owning a home. Maybe they sacrified a lot of things to get medical care. Maybe they sacrificed their own savings to help family (which is statistically shown to be one of the reasons Black families have less wealth than white).[/quote]
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