Quote:
Originally Posted by Hondaracer
The tone of your post feels like it’s making assumptions people haven’t worked incredibly hard for what they already have.
Paid for all my schooling myself, paid for my first place myself, etc. etc. I’d accept I’m a benefactor of timing but that’s about it.
An extra 50k a year would make my life slightly more comfortable but it’s not like I’d be buying a new BMW. I’ve made more equity in my home in the last 6 year than I would have made with that extra 50k over 2 decades. I’m still not rich, not even close.
I never said anything about any business getting a hand out, I was saying the stress of trying to make a business work likely isn’t worth that extra bit of money you may or may not make and all the risk involved in that. Although I do think small business is a far better place to hand out money than these massive corpos in the back pocket of the govt.
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I was thinking similarly to you in regards to 50k, even 100k extra isn’t going to change my lifestyle. I think that is just because of home prices honestly. Would my lifestyle change? No. Would I buy a new car? No. May I get a bigger mortgage? Likely.
The whole thing is kind of fucked. Until we can all reach that personal goal of an adequate “house,” you’re just dumping more and more into the home and your lifestyle stays stagnant. Saying that, if I had my goa home, I’d probably just be pumping it into a second home as that’s this day and ages form of investment.
But the other guy made a great point. That just means we are in a state of comfort already. You have what you need from a life necessities aspect already. You’re not thinking how am I going to pay for my kids next meal, or some new shoes for gym class. You’ve got the basics.