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This is human nature, most of humans will revert to a baseline of doing the bare minimum to survive. The rest cannot support that system.
by mlrtime 8mo ago
This is human nature, most of humans will revert to a baseline of doing the bare minimum to survive. The rest cannot support that system.
- direwolf20 8mo agoDo you do the bare minimum to survive, or do you have excess money left after paying rent and groceries?
- WalterBright 8mo agoAccording to google, "approximately 57% to 67% of American adults are living paycheck to paycheck." This doesn't mean they are poor. As their income goes up, so does their spending. Also according to google, "Approximately 60% to 80% of professional athletes face severe financial distress or go broke within a few years of retirement, particularly in the NFL and NBA. Data suggests 78% of NFL players experience financial hardship within two years of retirement, while about 60% of NBA players are broke within five years." and: "though often debated, statistic suggests that up to 70% of lottery winners go broke or face financial distress within three to five years, more conservative estimates indicate about one-third (roughly 33%) declare bankruptcy." Personally, I think that high schools should have a required course in finance and accounting.
- danparsonson 8mo agoThe only thing your first statistic says is that those people are poor. It says nothing at all about why.