Why is it scarier to spend money when you have it, then when you dont?

Discussion in 'Economics' started by peilthetraveler, May 25, 2009.

  1. OK I got to admit. I have no desire for alcohol, drugs, or gambling, but when I see a crane machine, it drags me in like a freshly baked Krispy Kreme. I just gotta play it. If a kid is near by I give it to them, but the rest get thrown in my car. It’s filled with all different kinds of stuffed animals. Everybody asks me why I have stuffed animals in my car if I don’t have kids. I tell them I’m running a survey on how many people ask me why I have stuffed animals in my car.
     
    #71     Jun 7, 2009
  2. OK my friend owns an urban wear store. We’re not talking Lord and Taylor kind of clothes here. The urban style is trashy ripped jeans with what looks like paint splotches all over them. They look like stuff you get from Goodwill for $2. But I guess that’s the style and the poorer, people that we’re talking about buy that kind of stuff. He gave me a couple of pairs of $75 shoes. I didn’t realize how much they were hurting my feet and knees until I got my job at the golf course and went out and bought a pair of $40 athletic shoes.

    I mean, whatever if people want to spend money like that, it’s their choice. But I’m inclined to believe that the urban wear sells for so much more not because there is any special qualty to it, but because they know the poorer people will spend money on it.
     
    #72     Jun 7, 2009
  3. You took 2 completely different sentences and put them together. What are you talking about? This is what I said.
     
    #73     Jun 7, 2009
  4. But uh, doesn't ordering online mean that the call centre employee doesn't get anything?
     
    #74     Jun 7, 2009
  5. That was not my take from reading the book.

    For anyone who hasn't read the book, it shows that you don't have to be a genius or hit it big. The "Millionaires Next Door" unspectacular people who generally worked hard, owned their own buinsesses, lived below their means, were frugal, invested their money and were married, or maybe more correctly "not divorced."
     
    #75     Jun 7, 2009
  6. What do you mean? They are high school kids getting minimum wage. It’s not like they’re getting commission or anything. When they aren’t answering phones, they’re making pizza. When there’s nothing to make they clean or something else. Actually more people ordering online relieves the drivers of a lot of work because we’re expected to answer them and do other work for $4.50 an hour when we’re not on a delivery.
     
    #76     Jun 7, 2009
  7. You have it backwards which might explain why you're still living with your parents and think you're entitled to make a good living with nothing more than a high school education.

    The people in the "rich area" are fit and healthy because the same self-discipline and determination that got them there (by seeking out and going through all it takes to have professional careers) also helps them control their impulses and watch what they eat, exercise, etc.
     
    #77     Jun 10, 2009
  8. I used much more drugs and alcahol than the average kid. I also indulge myself whenever possible, and was never disciplined to a set routine. Yet I still learrned how to make thousands day in and day out.

    It shows all that crap doesn't mean anything. As long as you have a solid goal and you work your ass off to accomplish it, you really can accomplish anything.

    I think I do alright for only a highschool eduaction, already 10-20 years ahead of everyone my age.
     
    #78     Jun 10, 2009
  9. P.S. I attribute a lot of my trading theory and trading psycology to weed.

    Thank you mary jane.
     
    #79     Jun 10, 2009
  10. Hahahahaha that's what I was doing last week. Made enough to pay for the flight. LOL
     
    #80     Jun 11, 2009