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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]The privilege from some of these posters is astonishing. Some of you literally have NO IDEA that people are not struggling because they are getting their nails or hair done or buying Starbucks every day, [b]but because basic costs like housing and healthcare have gone up greatly and incomes haven't followed.[/b][/quote] Or perhaps it's because these costs have increased, incomes have not followed, and yet people think they "deserve" to live as before. If your income is not keeping up with your basic costs, you reduce those costs or you hustle more. Of course there are exceptions; it's not that simple for people with hundreds of thousands in medical bills because they have a horrible disease, etc., or for the 25 year old widow with 3 kids who suddenly lost her husband in a car crash. But we're talking in generalizations here and these extenuating circumstances are not what are keeping [i]most[/i] people from getting ahead. Saving is supposed to be hard. No one is saying it's easy. But hard doesn't equal impossible. [/quote] Where has that wealth gone? Where have the economic gains gone? Because the economy has improved on the macro sense faster and on a different scale than wages. Those gains have gone to the rich, and that includes everyone posting in this thread. [/quote]
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