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

[151_Pr00f]

No offense or maybe some but take the cape off. Damn near everybody on this site are talking about people that can log on here, buy J's other stuff, waste time, etc not some cats living on streets type poor. Also using the heartstring technique of y'all sound like whites is a sign IMO that your view isn't based in strength just on trying to guilt cats to your way of seeing things. Nobody thinks their better (well let me speak for myself) its just being realistic off what we see same as you feel your doing. Why don't you feel like you're an enabler allowing people to have any ole excuse to be mediocre? You think you are right that's why and people on the other side feel the same way no need to heartstring it cause you disagree. Again me and probably most others ain't talking about no poor people living on the streets. We are talking about those that are in this thread posting that can actually post why they are "poor" and can't get nowhere yet still can post online, waste time, etc.

I skimmed the thread but I only noticed one person on this thread who claimed they were broke/poor. Most of the other posts in here are preaching to the choir. The people who this article most likely describe probably never even heard of a coli, most of the individuals in here seem to come from a place of privilege or are outliers

 

[MeachTheMonster]

ppl lease because they still want to have the nice new shyt without having to pay for it outright.

take the bus until you can afford a car.

All this does is limits opportunity.

you are stuck on working jobs within bus or raggedy ass car range. And in some ways owning an older car that you will have to make a bunch of repairs on is actually worse than a lease.

Which speaks exactly to the point of the OP. Being poor is a trap created by capitalism. It is set up that some can make it out, most won't.

Simply saving money won't do it.

The overwhelming majority of people born in this country die within the same socioeconomic class they were born in. This is not simply a virtue of poor money management.

 

[MeachTheMonster]

Game is rigged against poor people. You know the rules now find the loopholes to your advantage.

Complaining ain't getting u nowhere but mediocrity.

If the people before you hadn't "complained" 99% of the opportunity available to you today would not exist.

 

[MeachTheMonster]

*yawns*

It's not how much you make, its how much you save

Even if you save $2 a day, that's $730 by year's end

That aint nothing but, it's a start

People crying but, got 50 inch tvs, the latest shoes and clothes, and all the Apple products

How many $730 does it take to get out of poverty?

 

[Reginald Noble]

This is mostly true. Ppl don't want to adjust, adapt, and overcome.


I've also known too many ppl that weren't willing to change or sacrifice their own personal lives (after they have kids)

I had my son when I was 18 years old. living on my own since I was 16....no help from my parents at all.
But as soon as I had my son my life changed. I was no longer running around and getting in shyt and doing stupid things.(as much lol)
I was working a few jobs and going to school just to get the bills paid.
I took out a 26,000 student loan for college and went to school full time during the day and worked full time hours on top of that.

but my kids(one at that time) never suffered, and my wife was able to take care of him while doing some part time school.

there were many times in our relationship that we should have probably just seperated, but we stuck it out together and it paid off now...financially being a big one.

I graduated college, joined the army and we moved away. We got established in a new place, bought a home, and then she was able to go back to school.(which we paid for from our own pocket as she worked part time while in university full time)

we went from shyt, to what we have now(not gonna bother saying cuz it would look like i'm bragging lol)
but while me and my wife and kids are doing great now, my old friends, even my mom and my dad are still living in poverty, no matter how much I tried to help them(drugs and alcohol ruined them)



PPL can make the change if they really wanted to. But its how much hard work and sacrifice do you wanna put in.


do ppl want to stop partying on the weekends so they can work?
do ppl want to go back to school and upgrade education?

To me it's not a life. But I knew dudes growing up whose parents just like you. Father was always working and never around. Mother looked tired despite not needing to work.

A lot of us especially Black and Hispanics glamorize "the struggle". Then when you old and health is poor from all the years of struggle you are supposed to enjoy your grand kids and "retirement".

My Grandfather was like you but that was a different time. Then it was economically feasible for a young Man to just leave the house and go find some work anywhere. Even a young Black Man could hustle and scrape something together. This is not a lifestyle that is sustainable in today's automated modern world where you need acquired uncommon, unique or technical SKILLS to succeed. There are more people than jobs that pay a living wage. Hence my decision not to have children.

No one has to sacrifice anything - Except their own selfish desire to have children when the environment and earth cannot support many more human beings as it is. Having a child will just bring my genetic line to disgrace - Because he/she has a 50% chance of just falling by the waste side and getting "lost in the shuffle" no matter how well I intend if I don't have superior financial resources to make sure they get a head start above everyone else.

I am not knocking your experiences - You are a strong man to have made it thru - But most do not and stats show it. And kids who grow up in that environment 9 out of 10 times die by the bullet whether by cop or foe.

personally for me-
there;s no way i could "save' my way out of being poor

instead i "escaped" from being poor
i made moves that required skills most people don't possess
and took risks that most people couldn't stomach
..i also benefited from healthy doses of luck

later, once i had a good cashflow..
i had the chance to learn budgeting, frugality, and how to live below my means
and THEN it became relatively easy to "save" my way into a comfortable lifestyle

BINGO

I did the same thing. Although I wasn't "poor" I was broke even with a degree. And I acquired a unique set of skills and did something no one else was interested in doing.

Now I work with data, and I will never look back. I wouldn't change a thing. I'm empowered now and there are very few incidents that could take that away from me. I could be a paraplegic and still do 50% of my job. Almost all mental. This is the new economy : The knowledge economy.

 

[Will Ross]

That holds true for middle class people with some kind of foundation, but there are countless people out there who literally come from nothing and only purchase the bare necessities and still end up in the red at the end of the week/month/year.

When they're in a position like that how are they supposed to do anything to better themselves, especially if they've made a bad decision like have a kid at a young age? Now I'm not saying anyone owes anything to them, they've made the decisions they've made and have to live with it, but our system/economy is in dire need of an overhaul.

We've been bleeding middle class careers for 2-3 decades now and replacing them with minimum wage and temp jobs. I remember in the mid-late 90s as a young kid seeing all the time about how outsourcing was an issue and would be a much larger issue down the line, and no one paid much attention to it let alone did anything to reverse the trend and now in 2016 those warnings have proven true as we move more and more into a global economy that is killing the American middle class in the process.

Consumerism is a major problem for everyone not just the middle class. I know middle class workers that have 200 shoes but don't have a dime in savings.

 

[Taadow]

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

This is nice for you, however - everybody:

- doesn't have "hundreds of places to look" for work within a 2 mile radius from their place (I say "place", not house")
- isn't single with no kids
- may not have the ability to come out of this, and might be stuck doing it your way "years and years".


And even outside of that, this thread isn't about the kind of work you can find - that's another thread altogether.
This is about how easy it is (or not) to save a decent amount living this way.

 

[The Devil's Advocate]

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.

It's like people completely disregard facts

Like we didn't just have that study that the majority of Americans don't have 1000 in savings

That just a few years ago the housing crisis left millions of Americans homeless and poor

That we just had to redo healthcare cause people would get in one accident and it wipe them out

That the avg HOUSEHOLD in America makes 50k that's 25k a person

That if you make over 50k you are making more than 75% of all Americans



People just see their life, their parents, their situation and imagine everyone could do it the same

Keep bringing up immigrants. Most immigrants are fukking broke. The ones you hear about are the success stories. Most these people are broke as fukk and living in the same poverty

But you see a few news stories and 1 Chinese man with a nail shop and suddenly all immigrants are hard workers who build themselves up to the middle class

WRONG

 

[The Devil's Advocate]

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

And what if you're living in queens or Brooklyn or Compton? Or a trailer park. Or another run down ass city

Where's there 9 million of you packed in and about 1 million jobs. Then what do you do?

 

[Taadow]

Bro, you talmbat "debt" here...i'm not talmbat that.

We talmbat "savings".

 

[Lifer11]

Consumerism is a major problem for everyone not just the middle class. I know middle class workers that have 200 shoes but don't have a dime in savings.

I know that's why I said that holds true for middle class people, because they're the ones most often hurt by consumerism. But there's plenty of extremely poor people who can't even afford to take part in consumerism like that because after buying just the bare necessities they're in debt.

I know there's poor people who live well beyond their means, but there's also plenty of them that don't and are just scraping to get by even without buying nonsense.

 

[Art Barr]

10 people in a house is possibly 10 different wage earners in one household, first thing.

And we live in a country where they have section 8, food stamps, wic, tax credits for having children, and more.

This country gives you all the tools you need to get out of poverty. Fact is, if you're stuck in poverty you're either not trying hard enough to get out, making bad decisions consistently, or just too stupid to ever prosper in a capitalist society.

Have you used these things yourself.
Where are your success stories out of sheer poverty using them.
All I see is you talking but you have not given any real scenarios about this where YOU, actually got out of this.
So, if you got all these resources.
Where is your plan and how did you succeed at it, yourself.
So, you can stop talking in cryptic and clandestined verbiage about this like you know,.....
You don't know, so why are you speaking.




Art Barr

 

[Rekkapryde]

I've been overseas and seen people with no legs running fruit and vegetable stands. Impossible my ass.

Poor in America >>>>>>>>>>>>>>>>>>>>>>>>>>>>

 

[Art Barr]

Them corporations barely making like 3-30% net profit . let em eat

30% profit is superstar profit rates,...so what the fukk are you saying.
Nuffin cause you don't know what you talking about.


Art Barr

 

[MeachTheMonster]

I've been overseas and seen people with no legs running fruit and vegetable stands. Impossible my ass.

Those people ever make it to any life beyond selling fruit for scraps?