The official "I'm poor" thread

[clucas91]

I'm poor. Are you poor? Discuss.

 

[Deestroy]

I, like you, am poor.

Music equipment costs too much, I have to pay to run a car next year, and I'm broke.

Not complaining though, as I should really get a job.

 

[NICK THE PIE MAN]

In between uni, I don't make enough money from my part-time job.

Nearly all of it goes to petrol.
So for the the most part of the week, I am very pov.

 

[Former]

The measure of a person's wealth should be how long they can stop working and still maintain their current lifestlye.

If you are happy to live simply, work hard and save then you are pretty well off.

If you earn a lot, live the high life and have debts up to your eyeballs you are in fact poor because when that income is cut off (and in this day and age if you are working for someone else as your sole source of income that's a likelihood) you are courting poverty.

 

[Portia]

Then I am clearly courting poverty.

 

[Bee]

Originally posted by Groves

If you earn a lot, live the high life and have debts up to your eyeballs you are in fact poor because when that income is cut off (and in this day and age if you are working for someone else as your sole source of income that's a likelihood) you are courting poverty.

Oh bummer! You mean this lifestyle won't last forever? Looks like I'd best get a proper job then!

 

[Fansquad]

I'm poor now becoz I'm at Uni.

I couldnt imagine being poor for the rest of my life, it hurts the ego. Imagine not being able to support your kids to the degree you see as satisfactory.

 

[Spidergirl~RiCkChiCk]

Wouldn't say poor but tight coz i put away 500 from each pay.

Over the past 2 months i have realised the reason this country (slight exaggeration ) will be poor 1) Telstra...**** up their billing every time! and 2) Dentists

 

[Mooster7]

The measure of a man's worth is the size of his TV on game day.

I don't know how woman wealth is done. But I do know a few with large TV's.

Peace,

 

[Angus1]

Originally posted by Groves
The measure of a person's wealth should be how long they can stop working and still maintain their current lifestlye.

If you are happy to live simply, work hard and save then you are pretty well off.

If you earn a lot, live the high life and have debts up to your eyeballs you are in fact poor because when that income is cut off (and in this day and age if you are working for someone else as your sole source of income that's a likelihood) you are courting poverty.

Disagree with this. Actually I think this belittles the term poor. What you have stated will change your lifestyle but if you had huge debts then that means you have assets that can be sold. If you were sacked then yes you would struggle for a while until you could get another job which presumeably would pay a similar wage to the previous one. If you couldn't get another job then you could sell your house and rent instead. Thus you would have a very large bank balance by eliminating your biggest debt.
I don't call that poor.

Poor is a single mother of 3 who's ex husband is a drug addict, alcoholic who used to bash her and doesn't pay child support. She barely makes enough money to pay the rent, phone, electicity bill etc....She gets part time work so she can go to the supermarket once a week to feed her family. I lent her $1000 so she could get her bomb of a car fixed and also pay her rent which was overdue. I know that she will never be able to pay me back but she insists one day she will.

Poor isn't not having enough money to live a certain lifestyle it's not having enough money to live.

 

[Smokin]

Originally posted by Groves
If you earn a lot, live the high life and have debts up to your eyeballs you are in fact poor because when that income is cut off (and in this day and age if you are working for someone else as your sole source of income that's a likelihood) you are courting poverty.

depends what those debts are.

You never look at just debt - always debt to equity.
Many people in business make this simple mistake.

 

[de_LICA_ish18]

I feel rich at the moment because I have a big bank balance as I've been saving for a house for 18 months.

In a couple of months all of that money will be thrown away into an overpriced house and I will struggle to pay my bills for the rest of my life. I will probably start living on 2 minute noodles and tap water.

Long live the Australian dream.

 

[Zeke]

If you have running water, generally have 3 meals a day and can turn on a light whenever you want...

You are in the top 2% in terms of wealth on this planet.

You are not poor, but your attitude is.

 

[Grendel]

Good post Zeke (and I only really eat the one meal a day).

I guess I'd call myself 'cash' poor, not a lot in the way of 'readies' but I live in a decent enough house, have most of the appliances/furnishing gear I need or want. Probably a decent car is the only thing I'd really like to get my hands on.

 

[Stucey]

Despite the cost of living, it's amazing how popular it remains!