"Its literally impossible to save money when you're poor"

[Maschine_Man]

what this chart leaves out is how many times you will have to take this money you "saved" and spend it on unplanned things that happen to poor people every day like: car problems, hosptial, ER visits, kid is sick, overdrawn check fees, the additional money spent on groceries in corner stores because of no ride/or no decent grocery stores close by, GETTING ROBBED-

Just like OP- all advice from non poor, always falls back to the same ol shyt "Drink one less cup of coffee a day" "sAVE $1 a week"

nikka the TRULY poor HAVE ALREADY CUT OUT THAT COFFEE , and are paycheck to paycheck coming up short a few days before payday- and for those people there is no cup of coffee to cut, and they dont have that extra $1

I know this will fall on deaf ears

there is no reason ANY single , healthy bodied person should be living like this.

NONE

 

[Maschine_Man]

Always the excuses. Where are you living, that if you're broke and looking for work, you can't bike to your job if need be? I rode my bike to work after college 5 miles each way for fun, not for financial reasons. Get a lil workout in plus saved some cash to boot. People worried about a tire blowing out? Get something close to home, bust that bike out, and eschew car insurance/car notes/gas money for a lil while til you get a money cushion

Too many ppl are to proud to bike or take public transit.


PPL make excuses on why they HAVE to have that iphone rather than that flip
PPL make excuses on why they HAVE to own a car rather than bus or bike
PPL make excuses on why they had to buy their lunch rather than bag it
PPL make excuses on why they had to move out on their own, rather than sacrificing



too many excuses.....not enough sacrificing.

 

[Malt-O-Meal]

@ignorethis
In the OP you have a poor person telling you how they can only afford $10 shoes but you bring up people trying to be fly? Really? The majority of poor people are not trying to be "fly", they can barely afford to put food on their table or pay the bills for necessities.

And I'd be surprised if the majority of people on this board are black let alone really grew up poor with their lack of understanding. Like I said before, you all sound just like those republicans and white people. Just like you are so stuck in your false narratives, so are they. A bunch of self righteous people who refuse to see the truth because they like having someone to feel superior to and have no concern for the humanity of others.

 

[Taadow]

but that is still better than when that same tire blows out now you gotta put it on a credit card or soemthing now you are deeper in that hole.


lots of ppl making excuses "b-b-b-but what about if my car breaks down...then its all gone" "what if I need medical bills...blah blah blah"

Taking that money from money you saved is the reason you saved it in the first place. TO better your situation.
Using that savings is better than accumulating more debt to get you out of that hole.

The situatioin isn't gonna go away right? might as well be prepared(somewhat) with that then not.

...you're presuming everyone has a credit card now. lol

Yes - you're right "taking that money from money you saved is the reason you saved it in the first place". Duh.
My point was - if you have to spend money you have saved, then it's not "saved" anymore. It's gone - and now
you're back where you started...you don't have any money saved.

That's not even considering the fact that a vast amount of savings accounts you have to keep a minimum balance.

Always the excuses. Where are you living, that if you're broke and looking for work, you can't bike to your job if need be? I rode my bike to work after college 5 miles each way for fun, not for financial reasons. Get a lil workout in plus saved some cash to boot. People worried about a tire blowing out? Get something close to home, bust that bike out, and eschew car insurance/car notes/gas money for a lil while til you get a money cushion

Where are we living? Earth.

I did what you're talking about here years ago. I worked 2 miles away from home, so I biked or walked (if it was a nice day).
But you can't do it when it rains or snows (at it rains here a lot). And if you don't wanna walk or bike 2 miles to work everyday,
you better have a car here...because the bus doesn't run to the south part of town AT ALL, and the last bus runs from downtown
at 6:15...if you don't catch it, you're stuck downtown all night, and YOU DON'T WANNA BE STUCK DOWNTOWN ALL NIGHT. LOL

 

[Malt-O-Meal]

I don't advocate people having children they can't afford but it bothers me when people malign the poor or those down on their luck about having children. People are poor for various reasons, some are born into it and others fall into it due to loss of job. Most people are struggling to stay above water and barely getting by. As the saying goes, most people are one loss paycheck from poverty.

I kinda sidetracked but it's weird to say who should and shouldn't be having children. Many people are barely able to afford their children, this includes many lower middle class and of course the poor. So what sounds like is only upperclass people should have children. That sounds messed up, especially being that sadly a good majority of black people and other minorities are on the lower end of the income ladder.

 

[notPsychosiz]

Too many ppl are to proud to bike or take public transit.


PPL make excuses on why they HAVE to have that iphone rather than that flip
PPL make excuses on why they HAVE to own a car rather than bus or bike
PPL make excuses on why they had to buy their lunch rather than bag it
PPL make excuses on why they had to move out on their own, rather than sacrificing



too many excuses.....not enough sacrificing.

I have a car and a bike.
I just prefer the bike.

People that drive everywhere tend to be robots. Texting at stoplights, droning back and forth half asleep.
They become dependent to the point of being needy.

Many people will drive to a store a single block away. Its another reason everyone is fat and pathetic.

USE YOUR LEGS.

 

[Absolut]

...you're presuming everyone has a credit card now. lol

Yes - you're right "taking that money from money you saved is the reason you saved it in the first place". Duh.
My point was - if you have to spend money you have saved, then it's not "saved" anymore. It's gone - and now
you're back where you started...you don't have any money saved.

That's not even considering the fact that a vast amount of savings accounts you have to keep a minimum balance.



Where are we living? Earth.

I did what you're talking about here years ago. I worked 2 miles away from home, so I biked or walked (if it was a nice day).
But you can't do it when it rains or snows (at it rains here a lot). And if you don't wanna walk or bike 2 miles to work everyday,
you better have a car here...because the bus doesn't run to the south part of town AT ALL, and the last bus runs from downtown
at 6:15...if you don't catch it, you're stuck downtown all night, and YOU DON'T WANNA BE STUCK DOWNTOWN ALL NIGHT. LOL

If I'm dead broke, and looking for a job to get on my feet, there are hundreds of places to look within like a 2 mile radius of my house. That ain't shyt to walk/bike in the slightest. I'm single, with no kids. If I'm starting from the bottom, I start there. Huge shopping centers a couple football fields from my house. Home Depot, Walmart, pet smart, Ross, few pizza joints, hobby lobby, mad fast food/fast casual places, banks, gas stations, bars/restaurants, cvs/Walgreens, Starbucks, att/t mobile stores etc. will I be balling? Of course not. I can go without car, rent/Utils are paid on my 10 an hour wage, I'm a single dude and can easily get by eating well and healthy on say 75 a week. In the meantime I can find other part time work, since I'm single and with not much expendable cash at the moment so won't be doing much in my free time anyways, and certainly would still be on the lookout for other opportunities. Is this a way to stay for years and years? No, but in the short term there's no reason you can't make it work. Like I say having kids in that situation is a colossal fukkup, but there's zero reason anyone without kids shouldn't be able to get something going

 

[MajorVitaman]

what this chart leaves out is how many times you will have to take this money you "saved" and spend it on unplanned things that happen to poor people every day like: car problems, hosptial, ER visits, kid is sick, overdrawn check fees, the additional money spent on groceries in corner stores because of no ride/or no decent grocery stores close by, GETTING ROBBED-

Just like OP- all advice from non poor, always falls back to the same ol shyt "Drink one less cup of coffee a day" "sAVE $1 a week"

nikka the TRULY poor HAVE ALREADY CUT OUT THAT COFFEE , and are paycheck to paycheck coming up short a few days before payday- and for those people there is no cup of coffee to cut, and they dont have that extra $1

I know this will fall on deaf ears

It didn't fall on deaf ears, about 5 other ppl quoted me & said the same thing. & I low key alluded this on I think the 3rd page. Never claimed it was perfect just trynna bring something positive to the discussion.

 

[notPsychosiz]

I don't advocate people having children they can't afford but it bothers me when people malign the poor or those down on their luck about having children. People are poor for various reasons, some are born into it and others fall into it due to loss of job. Most people are struggling to stay above water and barely getting by. As the saying goes, most people are one loss paycheck from poverty.

I kinda sidetracked but it's weird to say who should and shouldn't be having children. Many people are barely able to afford their children, this includes many lower middle class and of course the poor. So what sounds like is only upperclass people should have children. That sounds messed up, especially being that sadly a good majority of black people and other minorities are on the lower end of the income ladder.

One of the reasons the upperclass is so, is because they decline to have children. Especially in bulk like the poor. It all just goes back to discipline.
If an upperclass person does have a child you can bet that child has a two parent income even if the parents are seperated. Its simply better planning.

But by and large the poor breed en mass and the rich instead have a child or two, even then only after they have accumulated their fortune.
Inheritence is life changing. But the poor never leave their kids jack shyt. They just have them and leave them to fend for themselves.

I am well travelled, semi-famous, own a business...lots of things I am proud of. But had I been given an inheritence or had a two parent income, or any sort of help whatsoever at the outset... I'd be rich, probably a government official or mogul. The difference in having capital to start or having to work to make your own before you can even begin competing is a night and day difference.

Not having shyt to provide your kids is basically child abuse in my opinion.
Only a selfish person would want a pet they can't provide for. Children are no different.

 

[Tom Foolery]

There are people in this thread who likely make 60K + and live paycheck to paycheck, but can't understand why poor people cant save. y'all on some

That's what pisses me of the most. People act like they can't get laid off and never find an equivalent job again. They get a nice little job and they think you are invincible on some old economy Steve shyt.

 

[Maschine_Man]

...you're presuming everyone has a credit card now. lol

Credit card, loan, borrowed money, etc is all the same principle.

Yes - you're right "taking that money from money you saved is the reason you saved it in the first place". Duh.
My point was - if you have to spend money you have saved, then it's not "saved" anymore. It's gone - and now
you're back where you started...you don't have any money saved.

That's not even considering the fact that a vast amount of savings accounts you have to keep a minimum balance.


See thats not true, you wouldn't be back where you are started. Its either
A) you used that savings to remedy the situation, thus allowing you to carry on with no debt
or
B) you used some kind of loan/credit/borrowed from someone, to remedy the situation
but now you are in debt to someone. thus putting you back even further from where you started.


Where are we living? Earth.

I did what you're talking about here years ago. I worked 2 miles away from home, so I biked or walked (if it was a nice day).
But you can't do it when it rains or snows (at it rains here a lot). And if you don't wanna walk or bike 2 miles to work everyday,
you better have a car here...because the bus doesn't run to the south part of town AT ALL, and the last bus runs from downtown
at 6:15...if you don't catch it, you're stuck downtown all night, and YOU DON'T WANNA BE STUCK DOWNTOWN ALL NIGHT. LOL

I see ppl riding their bikes in the snow, in winter time, in heavy rain, everything. If it was truly necessary you would do it.

 

[Maschine_Man]

I have a car and a bike.
I just prefer the bike.

People that drive everywhere tend to be robots. Texting at stoplights, droning back and forth half asleep.
They become dependent to the point of being needy.

Many people will drive to a store a single block away. Its another reason everyone is fat and pathetic.

USE YOUR LEGS.

that is vvery true, but that is a totally different problem alltogether(somehting else that needs to be adressed as well though)

the point here is that if you can't afford to have a car then don't. Don't make an excuse to have a car because you don't wanna ride a bike or take the bus.

 

[Absolut]

Let's unpack this a lil. 10 bucks an hour is roughly 1400/month after taxes. There's apartments in the area for 750/month for a studio, and you can cut that down by a decent chunk of you happen to find a roommate. But let's say 900/month for rent and utilities. Zero transportation costs since I'm walking/biking to work. 300/month for groceries/toiletries to eat well and healthy, and you can cut that back probably using coupons/buying bulk or on sale/ proper meal planning in advance/employee meals at work if offered etc. that's assuming you don't find other part time work, which is certainly an option. That's a bare bones low starting point, and you can still sack away something 15 bucks a week or so just to get something going while you work to improve your situation. You could also qualify for some type of food stamps/assistance in this situation also

 

[Sleepy Walker]

Poor is a state of mind...If you always complain about being poor you will always be poor.

 

[Maschine_Man]

Poor is a state of mind...If you always complain about being poor you will always be poor.

this is definitely understated.