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Amazed how people just don’t want to work
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<blockquote data-quote="RonJohn" data-source="post: 815498" data-attributes="member: 2426"><p>I am a supporter of capitalism, but I don't think I have ever thought that good people become successful or that people who aren't successful are bad. I have known ethically defunct people who have apparent wealth. I have known people with a great deal of integrity that do not have much to their name. Of the people I can think about that have integrity but are not in great financial shape, all of them are in some kind of service to others industry. Ministry, teaching, etc. Those that I can think of made sure their children were taken care of, and that their children learned integrity. By taken care of, I mean that they had a decent place to live, food to eat, and the were pressed to achieve an education, not that they got a Corvette for their 16th birthday. I don't think the value of a person is based on their net worth, or flashy possessions. Also, when I say that people could make better decisions with their money and their career, I am not saying they are bad people. If a middle class person who struggles paycheck to paycheck signs a 2 year Verizon contract for four family members with payments on iPhone 12s and has to pay more than $300/month for cell phone service, that isn't a smart decision. It doesn't mean that he is a bad person, but he probably should have someone point out that if he is struggling, he should concentrate on using money for necessities and not status symbols.</p><p></p><p>I also don't know how you really can tell who is financially successful and who isn't. If you have ever read The Millionaire Next Door, he points out that most self made millionaires live in normal middle class houses and drive 2-3 year old normal middle class cars. In the book, (from memory, some numbers might be wrong), he compares a person with a net worth over $1.5 million on an annual income of $100k to a lawyer with an income of $300k who drives fancy cars, lives in a very nice house, wears expensive suits, and expensive watches. (the book was written in the 90s when watches were still a thing) The lawyer's net worth was in the $200k to $400k range. The point he made was that from outward appearances, the lawyer was much more wealthy than the other guy. One point I took from that book is the question: Do you want to be a millionaire or look like a millionaire? I think there are a lot of people who don't understand the difference. My belief is that it is very common for people from a poor background to think that just having a Mercedes means that you are wealthy and successful.</p></blockquote><p></p>
[QUOTE="RonJohn, post: 815498, member: 2426"] I am a supporter of capitalism, but I don't think I have ever thought that good people become successful or that people who aren't successful are bad. I have known ethically defunct people who have apparent wealth. I have known people with a great deal of integrity that do not have much to their name. Of the people I can think about that have integrity but are not in great financial shape, all of them are in some kind of service to others industry. Ministry, teaching, etc. Those that I can think of made sure their children were taken care of, and that their children learned integrity. By taken care of, I mean that they had a decent place to live, food to eat, and the were pressed to achieve an education, not that they got a Corvette for their 16th birthday. I don't think the value of a person is based on their net worth, or flashy possessions. Also, when I say that people could make better decisions with their money and their career, I am not saying they are bad people. If a middle class person who struggles paycheck to paycheck signs a 2 year Verizon contract for four family members with payments on iPhone 12s and has to pay more than $300/month for cell phone service, that isn't a smart decision. It doesn't mean that he is a bad person, but he probably should have someone point out that if he is struggling, he should concentrate on using money for necessities and not status symbols. I also don't know how you really can tell who is financially successful and who isn't. If you have ever read The Millionaire Next Door, he points out that most self made millionaires live in normal middle class houses and drive 2-3 year old normal middle class cars. In the book, (from memory, some numbers might be wrong), he compares a person with a net worth over $1.5 million on an annual income of $100k to a lawyer with an income of $300k who drives fancy cars, lives in a very nice house, wears expensive suits, and expensive watches. (the book was written in the 90s when watches were still a thing) The lawyer's net worth was in the $200k to $400k range. The point he made was that from outward appearances, the lawyer was much more wealthy than the other guy. One point I took from that book is the question: Do you want to be a millionaire or look like a millionaire? I think there are a lot of people who don't understand the difference. My belief is that it is very common for people from a poor background to think that just having a Mercedes means that you are wealthy and successful. [/QUOTE]
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Amazed how people just don’t want to work
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