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Yeah but the difference between working class $50K per year, and professional $500K per year, is tiny in comparison to the difference between millionaire and bi
by cmurf 10y ago
Yeah but the difference between working class $50K per year, and professional $500K per year, is tiny in comparison to the difference between millionaire and billionaire.
A billionaire can buy a new Mercedes Benz every day, and burn it to the ground in a pile of $100 bills at the end of that day, and not run out of money their entire life. So...
- Roritharr 10y agoOne just adds one zero, the other adds three. The proportion is correct.
- imh 10y agoIs it really? At $50k/year, planning to save for things most people have to deal with is hard. You have to actively plan for it, and still might not be able to. At $500k/year, it's easy. At a million or a billion, it's still easy. Yeah there are large differences, but not in terms of day to day life relative to a normal person.
- xorxornop 10y agoYes, exactly. If we're going to talk proportions, then both "sides" need surfacing. If you're on lower income, otherwise "minor" fines, fees, surcharges etc can become life threatening or at least highly disruptive. The cost of failure is so high that it becomes very difficult to take the sort of risks that are sometimes needed to get ahead.
- nikatwork 10y ago> Yeah but Most professionals have a financial safety net the working class do not. That is a huge psychological difference.