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originally posted by: Stupidsecrets
a reply to: Edumakated
I do well but I know some high dollars people and what they tell me, being wealthy is not easy. In many ways their quality of life is worse than someone making much less. Constantly stressed out, working long hours, no family time. Mark Zuckerberg, people see wow, that guy is mega rich but look at his life. Constantly worrying about how to stay on top, worried about his safety, employees, government cracking him over the head.
Screw that. I would not want to be him. Most people crying about income inequality could not handle a fraction of his problem without falling to pieces mentally.
Next thing you know, you are 60 years old. Kids hate you as you were never around. Wife is banging the physical trainer. But hey, you were the youngest VP in company history!
originally posted by: Bluntone22
a reply to: JAGStorm
My wife see's people with $100k incomes and $60-$100k in credit card debt all the time.
Lots of school teachers making $75k and paying overdraft fees on their checking accounts.
originally posted by: subfab
a reply to: JAGStorm
fiscal irresponsibility is a big problem with people.
being debt free is a liberating thing to do for yourself.
originally posted by: StallionDuck
Sure... 65k a year sounds wonderful but it's only great if you live in a small town with no economy. If you're living in a big city, you can't afford to make any less than that. Living in other cities and small towns throughout my life, it's pretty much the same no matter where you live. The cost justifies the salary and no the other way around. It makes it so middle class is really low class and the rich remain rich. There is such a huge gap between the 'can afford' and 'can't afford'.
originally posted by: subfab
a reply to: Xtrozero
the only two debts that i see as "good" are a home loan and educational loan.
originally posted by: JAGStorm
a reply to: TonyS
I am all for capitalism but the system needs be restored to some degree of balance or it will tear itself apart.
Of course there are things that need fixing. For one I think companies that fail, should fail.
I think companies that do illegal things should be punished more, especially when using illegal labor.