Reply #49: Sounds like something has got to give, there. [View All]

[patcox2]

One of two possibilities. That household either needs more income, or fewer expenses, so that there could be enough for a little savings to cover such things.

I read crap from so many helpless people on this board, people who think they are trapped and have no choices. "I can't move to a place with more job opportunities or higher wages, I can't get an education or training, I can't put up with temporary privation in the interest of getting ahead." There are always tons of reasons, too.

But then in my professional life I see so many new immigrants who came here with absolutely nothing, truly starting from zero. And they come to me to do the closing on the 4th income property that they've bought in the 5 years they've been here.

I wish I knew the difference, and actually, I have an inkling of what it is. I think that having a little can be the worst thing for someone, because once they have a little, they become soo afraid of losing what they have, of falling down, that it paralyzes them and prevents the kind of sometimes drastic action necessary to change one's situation.

Whereas people who start with nothing, absolutely nothing, have nothing to lose. "Freedom is just another word for nothing left to lose."