Message Font: Serif | Sans-Serif
 
No. of Recommendations: 9
I notice that "Old One"'s profile lists MIT, UC and Berkley as schools he attends and Palo Alto, a very high cost city, as his place of residence.


It sounds like Old One has the talent and training to earn a very high income, and the talent to run his own business and capture the benefit of his work and skill.

That's all to the good, and he is welcome to the additional spending that ability produces.


Perhaps that makes it somewhat harder for him to understand the majority of folks for whom a genuinely high income is not going to happen. Most of us aren't that smart, skilled and motivated.

For those of us in that boat, making prudent or perhaps even stringent economies in order to be able to save and invest may be our best shot at financial security.

I'm glad Old One is one of those people who have made the system work for him and who can enjoy the luxuries this society offers. But I'm not him, and I need to live life differently in order to make the most of what life offers me.



Seattle Pioneer
Print the post  

Announcements

What was Your Dumbest Investment?
Share it with us -- and learn from others' stories of flubs.
When Life Gives You Lemons
We all have had hardships and made poor decisions. The important thing is how we respond and grow. Read the story of a Fool who started from nothing, and looks to gain everything.
Contact Us
Contact Customer Service and other Fool departments here.
Work for Fools?
Winner of the Washingtonian great places to work, and Glassdoor #1 Company to Work For 2015! Have access to all of TMF's online and email products for FREE, and be paid for your contributions to TMF! Click the link and start your Fool career.