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>>In the real world, people rent because they can't afford to buy a home. In real world, you can always bootstrap your way to a decent nest egg, whether its a
by kamaal 11y ago
>>In the real world, people rent because they can't afford to buy a home.
In real world, you can always bootstrap your way to a decent nest egg, whether its a retirement fund or a home. It takes time, and it takes hard work. But is very possible and a lot of people do it.
If you can't, then evaluate your spending patterns seriously. I haven't met any person yet who didn't have wasteful expenditure that couldn't be eliminated.
More often than not its not the means/resources, its lack of resourcefulness. People in general don't have the motivation to take steps towards solving a difficult problem, and the discipline to suffer through a grind and see it through to the end. This of course is a very different problem, the responsibility of which starts and ends at a individual alone.
- SolaceQuantum 11y ago>I haven't met any person yet who didn't have wasteful expenditure that couldn't be eliminated People who are poor or improvised deserve to live a life that also allows them to have something enjoyable, including hobbies. It shouldn't beconsidered a lack of discipline that an impoverished person could maybe enjoy their life once in a while. It's depressing how much one can expect a life of misery of they're poor.
- st3v3r 11y ago"In real world, you can always bootstrap your way to a decent nest egg" No, not really. Especially given housing prices now.
- kamaal 11y agoThere is a always a house at some location X you can buy now, which will be unaffordable 20 years from now.
- guard-of-terra 11y agoWhat if it happens to be far far away from where your career proceeds? You have now to choose between growing your house value or nurturing your career.
- st3v3r 11y agoHowever, that location X is not always feasible to move to and work from. So it's worthless to discuss all location X. Instead, you should be focusing on locations Y, which are.