Every year usually a new version of the same thing comes out for large amounts of $$$ and usually people go out buying every time. Do you think people are poor or have money issues because they do that?
Are people poor because they keep buying the latest thing?
- Thread starter Demon_Skeith
- Start date
I think buying too many things can be a reason for some people being poor by buying too many new things.
I don't think it is very common for people to be poor by buying newer things since most people hate learning how to use new things like old people who still use land line telephone, VHS tapes, DVD discs, and those old Tube Televisions. A lot of young people also got tricked into going to college to pay thousands of dollars a month learning subjects like "classical studies" which may make their future of finding a job less likely while still needing to pay off student loans, so a lot of young people don't have money for new stuff.
http://www.youtube.com/watch?v=x85EIuBftS0
I think high taxes, medical expenses, the government, and the high price of food, utilities, gas, rent, etc are responsible for more people being poor.
Also, the price of land is also very expensive considering land is dirt, sand, and grass, and people can lose all their land in a mud slide, tornado, or great flood which will make them poor again since they can no longer sell their land for a lot of money to another owner, and need to use their money in the bank to buy another piece of expensive land.
I don't think it is very common for people to be poor by buying newer things since most people hate learning how to use new things like old people who still use land line telephone, VHS tapes, DVD discs, and those old Tube Televisions. A lot of young people also got tricked into going to college to pay thousands of dollars a month learning subjects like "classical studies" which may make their future of finding a job less likely while still needing to pay off student loans, so a lot of young people don't have money for new stuff.
http://www.youtube.com/watch?v=x85EIuBftS0
I think high taxes, medical expenses, the government, and the high price of food, utilities, gas, rent, etc are responsible for more people being poor.
Also, the price of land is also very expensive considering land is dirt, sand, and grass, and people can lose all their land in a mud slide, tornado, or great flood which will make them poor again since they can no longer sell their land for a lot of money to another owner, and need to use their money in the bank to buy another piece of expensive land.
I wouldn't call it tricking the students to go to college. We kind of need it, in a way, I think....
I know some people are addicted to tech*cough BA cough* and that is why they have money issues.
I know some people are addicted to tech
College is useful for the information you learn, but the price is too high at the bigger colleges for many average young people to afford without taking out huge loans because of the expensive books, field trips, clubs, food, rent, and monthly cost of college fees which can cost thousands of dollars a month to learn information in a building.
I think the long term price of owning tech is a bigger problem since those cell phone and data subscriptions can cost hundreds of dollars a month if you have multiple devices, Apps can also cost a lot of money if you buy hundreds of Apps a month, and electricity cost are rising. TV and Internet subscriptions are also rising. Also, the cost of video games, software, and plug-ins/mods/DLC for games, and software can cost a lot.
I know very few people who are addicted to tech, but I think people in Canada take longer to buy new tech since I still see many people with regular cell phones, and tube TVs are still found at lots of places.
Most poor and homeless people here seem to be poor because they they are addicted to drugs, alcohol, and gambling, or have mental problems which prevent them from working.
I think the long term price of owning tech is a bigger problem since those cell phone and data subscriptions can cost hundreds of dollars a month if you have multiple devices, Apps can also cost a lot of money if you buy hundreds of Apps a month, and electricity cost are rising. TV and Internet subscriptions are also rising. Also, the cost of video games, software, and plug-ins/mods/DLC for games, and software can cost a lot.
I know very few people who are addicted to tech, but I think people in Canada take longer to buy new tech since I still see many people with regular cell phones, and tube TVs are still found at lots of places.
Most poor and homeless people here seem to be poor because they they are addicted to drugs, alcohol, and gambling, or have mental problems which prevent them from working.
Some people are irresponsible with their money, there's little doubt about that. Those people have existed since the invention of money itself. (And they're why the phrase "A fool and their money are soon parted" exists.)
But many others struggle to make ends meet because they have a lot of bills.
Electricity, water, mortgage, insurance (on home, vehicles and for health), grocery bills, and etc...
They might make like 40 or 50 thousand a year, but the bills they have add up. Plus there are always unexpected costs which blindside people. Like a vehicle breaks down and need to spend 2000+ to replace the transmission or maybe their health fails them and they've got a huge amount of medical bills.
And if you've ever gone grocery shopping in a while, look at the costs of things. In many cases the price has climbed substantially or the amount of product you get is considerably less. (Either way you end up spending more money to get the same amount.)
But many others struggle to make ends meet because they have a lot of bills.
Electricity, water, mortgage, insurance (on home, vehicles and for health), grocery bills, and etc...
They might make like 40 or 50 thousand a year, but the bills they have add up. Plus there are always unexpected costs which blindside people. Like a vehicle breaks down and need to spend 2000+ to replace the transmission or maybe their health fails them and they've got a huge amount of medical bills.
And if you've ever gone grocery shopping in a while, look at the costs of things. In many cases the price has climbed substantially or the amount of product you get is considerably less. (Either way you end up spending more money to get the same amount.)
when it comes to grocery shopping, you must be willing to go to more than one store. For my family we go from between 2-4 stores every week to cut the bill down.
I think people are poor for many reasons.for some it is due to circumstance such as being displaced after a disaster, and some are poor because they were irresponsible with their money, especially if it was the result of winning the lottery and some are poor as a result of being stupid.
For example, if you are in a casino, and you are aware of the fact that the house always wins, then why would you be so stupid as to bet the deed to your house and car as well as emptying out your savings and your kids' college funds while playing?
It makes absolutely no sense at all.
But then again, I'm not one to watch what other people are doing with their money because I am too busy watching what I'm doing with mine.
And yeah the multiple grocery store thing is just common sense really.. so is shopping at stores like Costco and BJ's..
I haven't ranted about spending $5 on a 4lb bag of sugar, because I can easily go to Costco and get a 5lb bag for $4, a 10lb bag for $7 or a 50lb bag for less than $20.
Crazy right?
So I made it a point to only go to certain stores for certain things..
For example, if you are in a casino, and you are aware of the fact that the house always wins, then why would you be so stupid as to bet the deed to your house and car as well as emptying out your savings and your kids' college funds while playing?
It makes absolutely no sense at all.
But then again, I'm not one to watch what other people are doing with their money because I am too busy watching what I'm doing with mine.
And yeah the multiple grocery store thing is just common sense really.. so is shopping at stores like Costco and BJ's..
I haven't ranted about spending $5 on a 4lb bag of sugar, because I can easily go to Costco and get a 5lb bag for $4, a 10lb bag for $7 or a 50lb bag for less than $20.
Crazy right?
So I made it a point to only go to certain stores for certain things..
I tell you whats crazy, those who clip coupons and shop everyday.Black Angel said:
I would say that that was borderline obsessive..
It is also hard to tell who is poor, and rich these days since a lot of rich people spend very little of their money, deposit their money in banks around the world, and choose to wear the same clothes all the time, drive 1 car for most of their lives, eat very less to save more cash, and ,sadly, pay their workers barely enough money to live on without welfare from the Government, or worse look for sweat shops, child labor, and illegal workers in China, India, and Mexico to make products to sell for higher prices to the poor and middle class in America, and other countries.
It definitely doesn't help them out. I do NOT do this and despite making less than those I know and work with, I have less money issues. Those people favor instant gratification over long term security, and so, they will get their new iPhone, but they'll be relying on the government come retirement time.
I agree it definitely won't be helping them out since they would also be buying more apps, or paying for more in-app purchases for games on their new more powerful phones, paying a more expensive cell phone bill, and also buy more accessories, cases, and warranties which add up to a lot of cash in the long run.
I think people are more poor because gas prices tripled since the late 80's and minimum wage went up about 12%. hydro, water, heating, phones, etc, etc have doubled as well.
Car prices!
My dad bought a V8 Ford Thunderbird for $14K new. If it came out now it would probably be around $42K.
It's total BS MAN!!!
Car prices!
My dad bought a V8 Ford Thunderbird for $14K new. If it came out now it would probably be around $42K.
It's total BS MAN!!!
Aren't gas prices higher in Canada?
I don't know how I missed this, but I'll address it.. I am not addicted to tech, if I like something, and I think it is worth it, then I will buy it. But even before I get to that point, I make sure that everything else is taken care of. I don't buy anything unless my bills and such are taken care of, and rather than going out and buying the latest thing, I would rather wait until it drops in price, not because I am too poor to buy it, but because I don't see the point in paying top dollar for something that will only be obsolete less than a year after release. I'd also rather wait until my contract has expired, even if buying the device isn't related to my contract.Demon_Skeith said:
I waited for more than a year after my contract expired, and until there was a resolution with the AT&T/T-Mobile situation before I renewed my contract and got my S2.
I ended up getting the Note 2 this year because both the sd card slot went bad and I was getting "sim card not found/invalid sim" errors on my S2, (I'm not sure if it is a hardware or software issue) and so, some days I am seeing errors saying that my sim card can't be found or was invalid, and Cerberus thinking that I stole my own phone and put a different sim in it, and other days, my sd card would suddenly unmount itself, causing the contents to be corrupted.
After thorough research, I have found that these are common issues with certain Samsung phones and the SanDisk Mobile Ultra micro sd cards, and after reading about this on the T-mobile, Android Authority, Android Central and the XDA forums, I realized that there was a very good chance of me ending up with a refurb'd phone that had the same issues.
Also, considering the fact that my phone goes into a case and screen protector from the first day I have it, my phone was practically mint, and since I can't guarantee that the replacement phone I get will be new, or in the same condition as the one I sent, I decided to keep my S2 instead, since the phone works, and I read that the sim card issue might be from ICS.
The other issue I had with the S2, was the screen size. Having come from a Samsung e335, T629, Blackberry 9700, and an iPhone 3GS, the S2's screen size was quite impressive, and it would have been sufficient for regular phone usage and texting, and light browsing.
However, because I text, play games and am using my browser more than I make calls, and my keyboard takes up more than 2/3 of the screen in my browser, in addition to the fact that, the font was too fine and with my eyesight being what it is, it was hurting my eyes and would eventually cause minor headaches and I got tired of having to go back and forth making adjustments in the browser for each page I visited, I realized that I needed a phone that had a bigger screen to facilitate the various uses I have for my phone.
And so, as soon as my contract was up in February, I decided to get the Note 2 after seeing that it wasn't too big compared to the S2, and the screen size was perfect for me.
My only issue with this phone, is the internal space. 10gb usable out of 16, instead of 13 or 14gb is pathetic. I was holding out for a 32gb model, but it was never released outside of South Korea and I wasn't about to spend $1450 on 1 phone, even if MN was more than willing to do so and said that it wouldn't be a big deal. So, instead, we spent $1400 on 2 16gb Note 2's instead.
I've already decided that my next phone will be a Note 3, and although we have gotten both phones paid off, as well as the car, and are getting the major repairs taken care of, (we wanted to pay it off first before the repairs were done since then, it'd at least be ours.) I won't be getting it until next year or later, when the price drops.
I may not get it at all since I heard that App2SD functionality has been reinstated with Android 4.3. Many Note 3 owners have confirmed this, and if that is the case, then I'll keep my Note 2 for a bit longer and get something better instead.
So its not like I have to get the latest thing, and as I've stated, I've had very valid reasons for getting what I have..
Here's something that my mother told me awhile back, but first, some context.
Private (particularly Catholic) schools here are really inexpensive relative to other private schools nationwide here, with a new movement in the area to make private schools completely free. Therefore, private schools are not exclusively for upper class people, as with much of the USA and world in general.
My mother said that when she was growing up, the public school kids were known to be way richer than the private school kids. Why? Their parents were so rich that they didn't give a shit about their kids' education, which was really so lacking in public school that most people who graduated were seriously deprived of a good education that would even match the standards for say Texas (our neighbors).
The public school kids, however, would have a lot of expendable money, since they were not spending it on private school. They would ultimately be classic examples of how school "success" is opposed to real life success.
They would buy the latest of everything - Fashion, technology (much more expensive in the 1970s, with more cost than the actual tuition savings), vacations, and more - and they would completely forget the fact they had exceeded the money they owned and were living beyond their means.
This would be in contrast to the private school families, which would often be quite frugal in comparison - a millionaire from my town, for instance, had children who envied the public school kids and their appearance of wealth. To quote him, "The rich save their money and the poor spend it."
In the end, if you think about it, then you aren't just "buying the latest thing" to be poor. You probably started living beyond your means, and the latest thing is just pushing you to USG-level debts.
Private (particularly Catholic) schools here are really inexpensive relative to other private schools nationwide here, with a new movement in the area to make private schools completely free. Therefore, private schools are not exclusively for upper class people, as with much of the USA and world in general.
My mother said that when she was growing up, the public school kids were known to be way richer than the private school kids. Why? Their parents were so rich that they didn't give a shit about their kids' education, which was really so lacking in public school that most people who graduated were seriously deprived of a good education that would even match the standards for say Texas (our neighbors).
The public school kids, however, would have a lot of expendable money, since they were not spending it on private school. They would ultimately be classic examples of how school "success" is opposed to real life success.
They would buy the latest of everything - Fashion, technology (much more expensive in the 1970s, with more cost than the actual tuition savings), vacations, and more - and they would completely forget the fact they had exceeded the money they owned and were living beyond their means.
This would be in contrast to the private school families, which would often be quite frugal in comparison - a millionaire from my town, for instance, had children who envied the public school kids and their appearance of wealth. To quote him, "The rich save their money and the poor spend it."
In the end, if you think about it, then you aren't just "buying the latest thing" to be poor. You probably started living beyond your means, and the latest thing is just pushing you to USG-level debts.
Well said. I think this is a broader issue that isn't limited to a certain class.
It ties into the "keeping up with the Joneses" mentality.
Rich people do it, those who have had their wealth longer do it better than others, especially those who suddenly come into a huge sum of money as well, and can't resist spending it as soon as they get their hands on it. This is a reason why many lottery winners end up with tragic lives. many have often stated that they were happier before they got rich and/or after they lost it all than they were when they were rich.
The rich people do this as well. If the Smith's have a private jet, then the Johnson's have got to get one too.
If the Sanchez's just bought a 5 bedroom vacation home in Sicily, then the Hernandez's have to buy a 6 bedroom vacation home in the Caribbean.
The same thing would likely happen with the poor and even those who are even worse off than that.
It ties into the "keeping up with the Joneses" mentality.
Rich people do it, those who have had their wealth longer do it better than others, especially those who suddenly come into a huge sum of money as well, and can't resist spending it as soon as they get their hands on it. This is a reason why many lottery winners end up with tragic lives. many have often stated that they were happier before they got rich and/or after they lost it all than they were when they were rich.
The rich people do this as well. If the Smith's have a private jet, then the Johnson's have got to get one too.
If the Sanchez's just bought a 5 bedroom vacation home in Sicily, then the Hernandez's have to buy a 6 bedroom vacation home in the Caribbean.
The same thing would likely happen with the poor and even those who are even worse off than that.
I'm not sure people who have a lot of Fancy things can be consider poor since if they sell it to someone else,they won't be poor, and could end up richer than before espiecally if they spent their money on antiques (Vintage Guitars, and Classic Cars), Gold, Silver, Platinum, and Jewellery which risen a lot in value over the years as the US Dollar and other Currencies drop in value because of the Recession.
Some people are poor because they were unlucky to be born to a poor family in countries where the poor usually stay poor because of a lack of oppurtunity, and education for better high paying jobs.
Some people are poor because they were unlucky to be born to a poor family in countries where the poor usually stay poor because of a lack of oppurtunity, and education for better high paying jobs.
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People has money issues has two ways: something that it is their fault or something that is not in their control. Their fault due to mismanaged budget (buy things more than what is in their account - forces to use a tons of credit card and late payments). Not in control, like medical expenses and natural disasters.