>>Does this guy think "the 90%" are just poor and irresponsible? One could make a case for that. A lot of people are really bad with money. The tragedy is they

>>Does this guy think "the 90%" are just poor and irresponsible? One could make a case for that. A lot of people are really bad with money. The tragedy is they don't know it yet, or do not really understand the consequences of their actions on the long term. Its hard to define 'bad with money' because many people don't exactly classify their actions as such. Which is why some one calls out such activity, people feel offended because they never thought their spending patters could be considered irresponsible. Spending cash on cameras and expensive lenses which you are not going use, eating out regularly, spending on vacations, changing phones often, cigarettes, alcohol... the list is endless. There is always a need every week on which you could spend $100 here and there. Without a way of tracking your habits, looking at it and extrapolating it over the long term you would pretty much believe that you are doing nothing harmful to your finances at all! Now some body else is probably saving up and investing all the time and is likely to come out on top by a very huge margin. The very same people in the former category will end up calling such a person greedy. Self reflection is hard because it destroys you, fixes the center of blame on you, you run out of excuses all when you realize it was all your own choices and actions which bought you to where you are.