Like Social Security?
Posted on 01/27/2019 5:41:47 AM PST by Gamecock
I find myself realizing that I hoped for a happier ending.
Hell, my life-—when I finally kicked booze, etc.-—more or less began at 40.
Tough on the family, I am sure. Best wishes, and a prayer.
FW
You are exactly right about the government benefits.
People wonder how those who live in subsidized housing, get food stamps, Medicaid, etc. can have large flat-screen TVs (and cable service), the latest in cell phones, fancy nails, nice cars, and the like. It’s just exactly this: they get all those benefits, tax-free, and many of their expenses paid. Meanwhile, their neighbor down the street has the same actual income, but is paying taxes on that income plus paying all their own expenses.
The zero-income person has a higher standard of living than the worker, of course.
That’s not to paint everyone on any kind of government assistance with the same brush; just far too many.
I make 6 figures and Government takes the 1/3 of it and then I pay all my rest of bills and support my family and that’s why I drive a 2000 truck with almost 300000 miles on it
Rich my ass
When your paycheck increases so do your expectations. It’s only natural.
When you hit $90,000, are you going to keep tinkering with your two 20 year-old cars to keep them running? Heck, no, you’re going to get a couple of new cars for you and your wife. And not super expensive ones, which you still won’t be able to afford, but a couple of cars in the $30K to $50K range.
Then, you’ve GOT TO get out of that old, cramped one-bedroom apartment, so you move up, buy a house. And not an expensive one, but something around $150K to $200K.
Then there are dozens of other little things, slightly better clothing, a better school for the kids, etc. None of which is an unreasonable expenditure. Next thing you know, you’re struggling again. $90K ain’t much.
And if you’re lucky enough to start bringing in $200K, be careful, or you’ll find yourself struggling yet again! And perhaps approaching retirement with nothing saved?
You are blessed!
You; too Sir; are blessed!
The New Testament has a fella writing:
Philippians 4:11-13 (NIV)
11 I am not saying this because I am in need, for I have learned to be content whatever the circumstances.
12 I know what it is to be in need, and I know what it is to have plenty. I have learned the secret of being content in any and every situation, whether well fed or hungry, whether living in plenty or in want.
13 I can do all this through him who gives me strength.
BINGO!
Other folks might earn $150K/year and piss it away all the time and retire with nothing.
Like Social Security?
$90,000 is about $30,000 1990 dollars, so no, persons earning $90k per year are not ‘rich’.
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