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SVTPerformance's Chain of Restaurants
Road Side Pub
Living on low income - accepting the "poor" life.
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<blockquote data-quote="04YellowGT" data-source="post: 15946111" data-attributes="member: 35332"><p>Its all about perspective and drive. If you've never experienced it you don't know what your missing. Most people that live paycheck to paycheck or less don't know any different and just accept it. Wealth to some is just a dream that they consider unobtainable so they don't even try. The same is true with really wealthy people, they lose perspective of what life is like for the average Joe. </p><p></p><p>My wife is the polar opposite of me and came from a single parent low income family. She thinks we are rich at our current income and I think we are lower middle class. I'm content with our lifestyle but I know it could be better because I came from it. </p><p></p><p>Without going into to much detail I will say I grew up in a family that was in the 1% club. We didn't live like it for the most part but somethings were different. My dad is old school and came from nothing so he instilled hard work, responsible spending, and saving while growing up. At 18 I was actually sitting better than most people twice my age because of him teaching me to save and invest. Before I turned 20 he basically said you are ready to live on your own. He lent me money (at 6% interest) to buy an old house which is now my rental property. I moved out and had to fend for myself. After being used to living a certain lifestyle around 21 I was almost out of money and had to build my self back up. That was a real wake up call looking at my accounts to see I didn't have enough to pay my bills for the month. I refused to ask my dad for help and I promised my self I would never let that happen again. The next month I started looking for a better job and getting back to the basics my dad taught me. About 3 months later I got the job where I'm still at. It feels like a lifetime ago but it was only about 8 years and I now manage the design group I started in and live a comfortable life with a nice amount saved up. </p><p></p><p>I'm sure my savings isn't sh** compared to some people on this site but being under 30, I'm happy and I know its only going to get better.</p></blockquote><p></p>
[QUOTE="04YellowGT, post: 15946111, member: 35332"] Its all about perspective and drive. If you've never experienced it you don't know what your missing. Most people that live paycheck to paycheck or less don't know any different and just accept it. Wealth to some is just a dream that they consider unobtainable so they don't even try. The same is true with really wealthy people, they lose perspective of what life is like for the average Joe. My wife is the polar opposite of me and came from a single parent low income family. She thinks we are rich at our current income and I think we are lower middle class. I'm content with our lifestyle but I know it could be better because I came from it. Without going into to much detail I will say I grew up in a family that was in the 1% club. We didn't live like it for the most part but somethings were different. My dad is old school and came from nothing so he instilled hard work, responsible spending, and saving while growing up. At 18 I was actually sitting better than most people twice my age because of him teaching me to save and invest. Before I turned 20 he basically said you are ready to live on your own. He lent me money (at 6% interest) to buy an old house which is now my rental property. I moved out and had to fend for myself. After being used to living a certain lifestyle around 21 I was almost out of money and had to build my self back up. That was a real wake up call looking at my accounts to see I didn't have enough to pay my bills for the month. I refused to ask my dad for help and I promised my self I would never let that happen again. The next month I started looking for a better job and getting back to the basics my dad taught me. About 3 months later I got the job where I'm still at. It feels like a lifetime ago but it was only about 8 years and I now manage the design group I started in and live a comfortable life with a nice amount saved up. I'm sure my savings isn't sh** compared to some people on this site but being under 30, I'm happy and I know its only going to get better. [/QUOTE]
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SVTPerformance's Chain of Restaurants
Road Side Pub
Living on low income - accepting the "poor" life.
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