A discussion about the poor (people on Welfare or Social Assistance). I've seen people complain about these people living 'above their means', and I have to wonder - what does this mean? For example, if you're on welfare, is it considered 'living above your means' if you have the following?
1) A flatscreen TV.
2) 1 or more computers.
3) 1 or more
(
Read more... )
Comments 1
You also don't have to be "poor" to be living above your means, though it's a lot easier at that point. A wealthy or middle-class (if there is such a thing still) person can get into a vehicle or home that they can't really afford to make payments and upkeep on. Someone with a lot less income, however, can screw themselves up by buying something as simple as a game or electronic device and end up falling behind in paying bills. Those are all "living above one's means." What's a real bitch is when a person's means decrease, leaving them with a residual lifestyle they can no longer afford.
Still, once in a while, there's some psychological/emotional benefit to splurging, even if it means struggling later. In some cases, it might be worth it long-term. But a financially stupid move is still a financially stupid move. ;)
Reply
Leave a comment