Anonymous
01/25/2019 08:34
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Most people eat out, buy coffee, buy extra clothes they don’t wear or need. The little things add up . I live very frugally. Most people probably couldn’t live how I live. I think about everything I buy. I go without so I can save.
No. Most people don't.
Get out of your little bubble.
And those that do don’t live in poverty because of it. I cannot even IMAGINE being so dense that I think people are poor or struggling because of their spending habits. How superior PP must feel.
Most of you all need to read some Sarah Kendzior or Lisa Tirado since you obviously know nothing about economic realities in America.
Of course people are poor because of their spending habits. Nothing else makes you poor. Other then not having money. Don’t spend the money you make . If you need more money work more jobs. Don’t have children.
Anonymous
01/25/2019 08:26
Subject: Re:Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:There are plenty of summer job opportunities for a teacher to add to their salary.Anonymous wrote:Anonymous wrote:Anonymous wrote:Teachers are basically furloughed for 2 months and need to save to get themselves through the summer months. Many school systems don’t have 12 month pay options, only 10 month. It’s a bit different as it’s not a surprise, but considering the volatility of today’s government, fed workers should always put themselves in a position to be able to weather a shutdown. Of course saving is hard—but it is a skill that’s a necessity.
What?! No. Feds make 68k on average and work year round. Not the same as teachers who are off for 2-3 months.
Let’s see. In LCPS last year, I was off from about June 15 to about August 15. That’s two months. And we aren’t paid for that time. (We can have our salary spread out over 12 months instead of 10 though.)
We are contract employees and do not have that time factored in as “vacation.”
I never understand the teacher argument. Teachers get a salary for the job they do. They work 10 months and are paid for the 10 months they work. I work 12 months and am paid for 12 months. What is the difference?
Teachers are allowed to find summer work if they want additional income or they can allocate their 10 month checks over 12 months if that makes sense for them. You don’t even need the school district to do this for you, you can do it yourself. Let’s say you get 20 checks over 10 months. Employer deposits the checks. Since it’s a salary, net pay should be the same each check. Take the net pay * 20= annual spending money. Now transfer 1/26th of that annual amount into a second account—that is your every 2 week “pay”. Spend only from the second account. Now you are “paid” year round. This is just math and budgeting.
Yes. This is what most of us do. It’s cslled saving. It’s not always easy but it’s necessary if we want to be able to pay our bills during the summer when we aren’t being paid.
Anonymous
01/25/2019 07:58
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:For me, I make $18/hr. thats about $2880/month (after taxes, it's more like $2500) if I work 40 hrs a week. I don't always get 40 hrs, so this is a rough estimate.
Rent: 1200
Food: 400
Utilities: $300
Phone: $100
Internet: $50
Car Insurance: $150
Health insurance: $200
Gas: $100
That comes out to about $2500.
No, I'm not going out to eat, getting fancy coffee, or getting my nails done. I'm paying bills. I don't feel poor... I feel comfortable but if there is any type of emergency, I'll be SOL.
I don’t get this. Why are you living in such a high COL area when you make such a low salary? You can get an $18/hour job literally anywhere in the country and you could cut your rent in half. That’s your problem here...it doesn’t make any sense.
This, most of us lived with 3-5 roommates and paid $500-650 or so rent including utilities. Your rent and utilities are very high as is your car insurance. Likewise, our unlimited cell phone is $50 a minute - you can half that. Again, its about choices, you can reduce your fixed expenses and have savings and more luxuries like eating out.
When was that? In the 80's? Group homes are not really a thing anymore. Lanlords don"t like that type of living situation.
Anonymous
01/25/2019 07:54
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:For me, I make $18/hr. thats about $2880/month (after taxes, it's more like $2500) if I work 40 hrs a week. I don't always get 40 hrs, so this is a rough estimate.
Rent: 1200
Food: 400
Utilities: $300
Phone: $100
Internet: $50
Car Insurance: $150
Health insurance: $200
Gas: $100
That comes out to about $2500.
No, I'm not going out to eat, getting fancy coffee, or getting my nails done. I'm paying bills. I don't feel poor... I feel comfortable but if there is any type of emergency, I'll be SOL.
You can’t afford to live alone. Your rent is too high. Also if you had a roommate you could share utilities and cable. I had a rooomate until I was married. And what car are you driving? In va dh and I pay $400 every 6 months combined. We have two 2008 camrys.
I have a Civic. And a roomate won't work in a 1 bedroom. I am trying to move to a studio in this building. Studios here are only $950 so I would be freeing up some extra cash.
Get a two bedroom and a roommate. A two bedroom won’t be anything close to $2400 a month.
Tire, true. In my neighborhood, 3 br apartments go for 3000-4000.
Anonymous
01/25/2019 07:53
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:All the "struggling" people I know make stupid decisions. This is THE easiest country and area to do well in.
I do well but I agree that this area is very expensive. If you include child care cost it is very hard for some to get out of living pay check to pay check.
Anonymous
01/25/2019 07:53
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Most people eat out, buy coffee, buy extra clothes they don’t wear or need. The little things add up . I live very frugally. Most people probably couldn’t live how I live. I think about everything I buy. I go without so I can save.
No. Most people don't.
Get out of your little bubble.
And those that do don’t live in poverty because of it. I cannot even IMAGINE being so dense that I think people are poor or struggling because of their spending habits. How superior PP must feel.
Most of you all need to read some Sarah Kendzior or Lisa Tirado since you obviously know nothing about economic realities in America.
They are to busy reading 50 shades of gray.
Anonymous
01/25/2019 07:50
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Most people eat out, buy coffee, buy extra clothes they don’t wear or need. The little things add up . I live very frugally. Most people probably couldn’t live how I live. I think about everything I buy. I go without so I can save.
No. Most people don't.
Get out of your little bubble.
And those that do don’t live in poverty because of it. I cannot even IMAGINE being so dense that I think people are poor or struggling because of their spending habits. How superior PP must feel.
Most of you all need to read some Sarah Kendzior or Lisa Tirado since you obviously know nothing about economic realities in America.
Anonymous
01/25/2019 07:49
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote: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.
I didn't read through the whole thread because after a few pages I see you are getting alot of shade and shaming on this. Just want to say I agree with you. These people do not know what its like to be poor or live on a razors edge. Its very self righteous of them. Yes, there are people who are poor and make bad financial decisions. And yes, they could cut out some luxuries for sure. But cutting out a starbucks a couple times a week is not going to give you 6 months of living expenses. Get a grip people! Also, when you are that on the edge, you are often one step away from crisis and any savings you have get eaten up on a regular basis. ie. you manage to scrimp together $1000 in savings. Yay. Then you have a medical problem and need some testing done that's only partially covered by your insurance, your car breaks down or needs regular maintenance, etc. etc.
I agree with you. Privileged people can be completely tone deaf and simply have no frame of reference to understand. Not everyone can just go get a loan to cover their expenses like our supreme dumbass commerce secretary Wilbur Ross suggests
Anonymous
01/25/2019 07:47
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:For me, I make $18/hr. thats about $2880/month (after taxes, it's more like $2500) if I work 40 hrs a week. I don't always get 40 hrs, so this is a rough estimate.
Rent: 1200
Food: 400
Utilities: $300
Phone: $100
Internet: $50
Car Insurance: $150
Health insurance: $200
Gas: $100
That comes out to about $2500.
No, I'm not going out to eat, getting fancy coffee, or getting my nails done. I'm paying bills. I don't feel poor... I feel comfortable but if there is any type of emergency, I'll be SOL.
You can’t afford to live alone. Your rent is too high. Also if you had a roommate you could share utilities and cable. I had a rooomate until I was married. And what car are you driving? In va dh and I pay $400 every 6 months combined. We have two 2008 camrys.
I have a Civic. And a roomate won't work in a 1 bedroom. I am trying to move to a studio in this building. Studios here are only $950 so I would be freeing up some extra cash.
Get a two bedroom and a roommate. A two bedroom won’t be anything close to $2400 a month.
Can you provide a link?
Anonymous
01/25/2019 07:46
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:This whole thread is nuts. It is hard to DIY when you don’t own a house. You can’t own a house if you can’t save the money. My sister pulls together odd jobs and has no future earning potential. She pays next to nothing in rent but I know I’m her emergency plan.
Starting out, I had to drop out of college because my finances got screwed up in loans (long story) and I couldn’t get out of the debt hole for almost 10 years (and that includes living with roommates and only having a phone when needed). When my $1700 car needed a new clutch, that was a crisis I couldn’t afford. When it died, I could have lost my job if I didn’t have a miracle happen. I had a paycheck screwup (it went to the wrong office) and I didn’t have metro fare to go get it. So I walked everywhere (luckily I could walk 2 miles to work in the summer) and skipped food (not eating out, actual food, unless one of my friends shared) for 2 weeks while I waited for the check to come to the right office so I could cash it.
Friends of mine from growing up are working one underpaid job with a second job, relying on parents for child care. One is an emt, but isn’t in a position to ever buy a house. Emergencies do put them underwater.
Another family member was in a debt tailspin for medical bills. Hell, an er copay for me was unaffordable, so I didn’t pay and it stayed on my credit report (along with a hell of a lot of other bad things) for years.
In this thread, I really wonder how many people posting have ever been in any position where they ever experienced any of that.
And, when my husband was 18, no opportunity for college, he joined the military. You have options.... you just may not like them. Because of his military service, we get low cost health care for life..takes away that issue.
And here you have it, ladies and gentlemen, if you don’t want to end up homeless in America, you simply have to sign up to get your ass shot off in a war that makes billionaire traitors even richer.
What war makes which billionaires richer?
https://en.m.wikipedia.org/wiki/War_profiteering
It's hard to bear that you H was in the Iraq war for the profit of sick (haha type but approproate, so it stays) Chaney instead of for reasons he thought he was there.
https://en.m.wikipedia.org/wiki/Halliburton
Anonymous
01/25/2019 07:45
Subject: Why is it hard for some privileged people to realize that saving is hard?
I think the problem is that there are so many people who do make enough to save and don't and then complain about 'barely making it'. They outnumber the truly poor who are just squeaking by in my economically segregated community and network.Anonymous wrote:
There. I fixed it for you.
Anonymous
01/25/2019 07:41
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:For me, I make $18/hr. thats about $2880/month (after taxes, it's more like $2500) if I work 40 hrs a week. I don't always get 40 hrs, so this is a rough estimate.
Rent: 1200
Food: 400
Utilities: $300
Phone: $100
Internet: $50
Car Insurance: $150
Health insurance: $200
Gas: $100
That comes out to about $2500.
No, I'm not going out to eat, getting fancy coffee, or getting my nails done. I'm paying bills. I don't feel poor... I feel comfortable but if there is any type of emergency, I'll be SOL.
You can’t afford to live alone. Your rent is too high. Also if you had a roommate you could share utilities and cable. I had a rooomate until I was married. And what car are you driving? In va dh and I pay $400 every 6 months combined. We have two 2008 camrys.
I have a Civic. And a roomate won't work in a 1 bedroom. I am trying to move to a studio in this building. Studios here are only $950 so I would be freeing up some extra cash.
Get a two bedroom and a roommate. A two bedroom won’t be anything close to $2400 a month.
Anonymous
01/25/2019 07:39
Subject: Re:Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:There are plenty of summer job opportunities for a teacher to add to their salary.Anonymous wrote:Anonymous wrote:Anonymous wrote:Teachers are basically furloughed for 2 months and need to save to get themselves through the summer months. Many school systems don’t have 12 month pay options, only 10 month. It’s a bit different as it’s not a surprise, but considering the volatility of today’s government, fed workers should always put themselves in a position to be able to weather a shutdown. Of course saving is hard—but it is a skill that’s a necessity.
What?! No. Feds make 68k on average and work year round. Not the same as teachers who are off for 2-3 months.
Let’s see. In LCPS last year, I was off from about June 15 to about August 15. That’s two months. And we aren’t paid for that time. (We can have our salary spread out over 12 months instead of 10 though.)
We are contract employees and do not have that time factored in as “vacation.”
I never understand the teacher argument. Teachers get a salary for the job they do. They work 10 months and are paid for the 10 months they work. I work 12 months and am paid for 12 months. What is the difference?
Teachers are allowed to find summer work if they want additional income or they can allocate their 10 month checks over 12 months if that makes sense for them. You don’t even need the school district to do this for you, you can do it yourself. Let’s say you get 20 checks over 10 months. Employer deposits the checks. Since it’s a salary, net pay should be the same each check. Take the net pay * 20= annual spending money. Now transfer 1/26th of that annual amount into a second account—that is your every 2 week “pay”. Spend only from the second account. Now you are “paid” year round. This is just math and budgeting.
Anonymous
01/25/2019 07:23
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Most people eat out, buy coffee, buy extra clothes they don’t wear or need. The little things add up . I live very frugally. Most people probably couldn’t live how I live. I think about everything I buy. I go without so I can save.
No. Most people don't.
Get out of your little bubble.
Anonymous
01/25/2019 07:22
Subject: Why is it hard for some privileged people to realize that saving is hard?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:This whole thread is nuts. It is hard to DIY when you don’t own a house. You can’t own a house if you can’t save the money. My sister pulls together odd jobs and has no future earning potential. She pays next to nothing in rent but I know I’m her emergency plan.
Starting out, I had to drop out of college because my finances got screwed up in loans (long story) and I couldn’t get out of the debt hole for almost 10 years (and that includes living with roommates and only having a phone when needed). When my $1700 car needed a new clutch, that was a crisis I couldn’t afford. When it died, I could have lost my job if I didn’t have a miracle happen. I had a paycheck screwup (it went to the wrong office) and I didn’t have metro fare to go get it. So I walked everywhere (luckily I could walk 2 miles to work in the summer) and skipped food (not eating out, actual food, unless one of my friends shared) for 2 weeks while I waited for the check to come to the right office so I could cash it.
Friends of mine from growing up are working one underpaid job with a second job, relying on parents for child care. One is an emt, but isn’t in a position to ever buy a house. Emergencies do put them underwater.
Another family member was in a debt tailspin for medical bills. Hell, an er copay for me was unaffordable, so I didn’t pay and it stayed on my credit report (along with a hell of a lot of other bad things) for years.
In this thread, I really wonder how many people posting have ever been in any position where they ever experienced any of that.
And, when my husband was 18, no opportunity for college, he joined the military. You have options.... you just may not like them. Because of his military service, we get low cost health care for life..takes away that issue.
And here you have it, ladies and gentlemen, if you don’t want to end up homeless in America, you simply have to sign up to get your ass shot off in a war that makes billionaire traitors even richer.
What war makes which billionaires richer?
You seriously don't know that we go to war for economic reasons. Wars are a huge money maker.
Watch Ken Burns' documentary on Vietnam.
You need to educate yourself.
Google it.
You need to work on reading comprehension. Asking what PP was referring to is very different than not knowing that economic issues factor into wars. And saying that economic factors contribute to decisions to go to war is very different than saying we go to war to enrich billionaires.
You need to educate yourself. You have the time since you live off your H's good decisions.