Anonymous
05/24/2023 12:02
Subject: What money habits keep you poor?
^Buying too *many* cars.
Anonymous
05/24/2023 12:01
Subject: What money habits keep you poor?
Having pets you cannot afford.
Eating out/takeout more than 2x a week.
Not learning how to cook.
Not learning how to repair your own stuff on the cheap (YouTube is a great resource for basic skill building)
Not brewing your own coffee at home.
Paying more to work than you're taking in (eg., it's more expensive to work than to not).
Buying too much house.
Buying too much car(s).
Paying for private schools (that aren't any better than public schools).
Not having the patience to shop around and buy strategically.
Not checking your stock portfolio at least four times a week to manage it actively.
Buying your kids every single thing they ask for.
Living in an incredibly high-cost area where you can never get ahead financially, and being too scared to move and better your financial picture.
Eating out/takeout more than 2x a week.
Not learning how to cook.
Not learning how to repair your own stuff on the cheap (YouTube is a great resource for basic skill building)
Not brewing your own coffee at home.
Paying more to work than you're taking in (eg., it's more expensive to work than to not).
Buying too much house.
Buying too much car(s).
Paying for private schools (that aren't any better than public schools).
Not having the patience to shop around and buy strategically.
Not checking your stock portfolio at least four times a week to manage it actively.
Buying your kids every single thing they ask for.
Living in an incredibly high-cost area where you can never get ahead financially, and being too scared to move and better your financial picture.
Anonymous
05/24/2023 12:00
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
There are many more steps than just getting into the top tier colleges, don't worry.
Some public schools are fine, if you are in a magnet you are in a defacto private school paid by taxpayers, so congrats.
Anonymous
05/24/2023 11:58
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.
Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.
If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.
Good luck trying to play soccer or lacrosse for the very first time at a 3,000 student public school.
Your kid must not be athletic. But hey if paying $50K/yr so little Jimmy can play for his school makes you feel better knock yourself out. Of course, in the real world, this is not how it works.
Anonymous
05/24/2023 11:55
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.
Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.
If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.
Good luck trying to play soccer or lacrosse for the very first time at a 3,000 student public school.
Anonymous
05/24/2023 11:55
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.
Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.
If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.
+1 Don't tell a private school parent that they just wasted a ton of money. It makes them very emotional.
Anonymous
05/24/2023 11:53
Subject: What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Voting Democrat
Voting Republican
How so? Republicans want to generally reduced my tax burden. Democrats want to continually increase my tax burden and redistribute my wealth.
Anonymous
05/24/2023 11:51
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.
Hey believe what you want to believe to justify all that money you are paying to a private school while also paying property taxes and subsidizing public school students. Confirmation bias at its best.
If private schools prepare their students for college so well, why do ALL of my friends who send their kids to private schools also pay for tutors and test prep outside of their school. The reality is public schools prepare their students for college just as much as private schools do and public school parents also pay for tutors and test prep. Public school kids can participate in any sport they want in 9th grade as well (not sure where you are coming from on this). A well-behaved student body --- paahleeeze lol -- you are kidding yourself. Private schools have drug and discipline problems just as bad as public schools. In fact, the drug problem is worse since these kids have access to money.
Anonymous
05/24/2023 10:33
Subject: What money habits keep you poor?
Anonymous wrote:Voting Democrat
Voting Republican
Anonymous
05/24/2023 10:33
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.
If you don’t get it, you don’t get it. It’s not about “getting into college.” It’s about college preparation, being able to participate in whichever sports you want in 9th grade, well-behaved student body and so many other things.
Anonymous
05/23/2023 23:09
Subject: What money habits keep you poor?
Voting Democrat
Anonymous
05/23/2023 23:07
Subject: What money habits keep you poor?
Anonymous wrote:Addiction
Gambling
Spending on wants vs needs (ie fashion, expensive cars)
Renting instead of buying early
Paying bills and taxes late
Getting sued
Divorce
Counting on someone else’s career to provide for you
Not maximizing earning ability
High interest loans
Credit card debt
Being gullible, naive, trusting or exploitable
Being conflict averse
Not collecting debts
Not standing up for yourself
Lending money to friends or family
Borrowing against future earnings at high interest
Buying disposable junk instead of quality
Paying a financial advisor more than 1%
Prioritizing being hip, cool, blue, liberal, or in a specific place over being financially sound
Using a financial advisor period.
Anonymous
05/23/2023 23:06
Subject: Re:What money habits keep you poor?
Anonymous wrote:Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
The Gosselins!
Anonymous
05/23/2023 23:05
Subject: Re:What money habits keep you poor?
Buying high and panicking and then selling low. Investments across the board.
Anonymous
05/23/2023 23:05
Subject: Re:What money habits keep you poor?
Anonymous wrote:Sending your kid to private school k-12 & then making that kid take out loans for college
+1 and I’ll add —— sending your kids to a $50K/year private school only to watch similar kids who go to public schools get into the same high tier colleges that your kid got into.