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Forget the Joneses Project - 2008 Get back on track financially, simplify, and add more meaning to your life (open to registered members only)


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Old 04-25-2008, 07:06 AM   #1
Question Question of the Day: Rich, or Poor?  
Kim
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Financially speaking ONLY, is it better to be rich, or poor? Think about your answer. Think about ideas and preconceived notions you have about those that have a lot of money, and those that have a little. What comes to mind? If you want to know my take on it, read my blog. I'll be writing something up about it today.
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Old 04-25-2008, 07:20 AM   #2
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I would say I'd be better rich. Although I havn't been in a situation where we have been poor, but I have seen my parents struggle quite a bit in the beginning when we first came to this country. They came with $40.00 in hand, and to even imagine that these days, I don't even know if i'd be able to cope with that. Although even through all those hardships, we survived, and I think we (me and my siblings) are much better people, and appreciate a lot more in life. I'm not sure if i have it in me to be just as strong for our kids now as my parents were back then.
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Old 04-25-2008, 09:04 AM   #3
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ember15
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Great question. I would say rich too. I have several family members who I would consider to be rich and really the money hasn't gone to there head. I also grew up at least my teenage years in a upper middle class neighborhood. Honestly having money makes many of our goals and dreams easier.

Currently I feel poor. Now I know that we are not empoverished still this just making ends meet is tough there is so much that we want to do but can't do to lack of funds.
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Old 04-25-2008, 10:15 AM   #4
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This may sound funny to some people, but I would say poor. I do have a reason for my madness!
I grew up in a poor family. We had $25,000 to support a family of 7. We lived on a farm, raised our own cattle, chickens, and horses. My parents helped instill the value of working hard for you have and that money is not important. We camped alot for fun, we all shared our toys, we each had not only house chores but had to help feed animal, collect eggs, mow the lawn, well you get the point. I found that all of the things we HAD to do to live day to day gave us the integrety and insight into the "real world" we have today. We do not take things for granted, we work hard, we have respect for others and very high moral standards we live up to. I definately work harder at my life's goals because I know they will not just be handed to me! Many of my friends lived in town, some were wealth and some not. The wealthy kids did not have to work until they were out of college. Some of them have had a hard time adjusting to the "real world" and have ended up poor and living with their parents!
I am not trying to say that rich people do not have integrety or moral standards! Many of them do and that is how they have become rich!
I feel it is easier to grasp the trials of the world and live in the world when you have made it through hard times.
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Old 04-25-2008, 10:52 AM   #5
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I'm pretty happy being poor. It makes me more resourceful and less wasteful. I don't think I would be this way if I was rich.
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Old 04-25-2008, 11:16 AM   #6
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I've been rich and I've been poor, but independently wealthy is where it's at.

(Think about it.)
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Old 04-25-2008, 11:48 AM   #7
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I would like to say... neither!

I know that's not an option but I don't want to be "rich" and I don't want to be "poor." - I would like to be right in between! I want to be able to pay the bills that I have and feed my family and get the things that we need. No more, no less!
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Old 04-25-2008, 06:08 PM   #8
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Quote:
Originally Posted by Riley'sMom View Post
I would like to say... neither!

I know that's not an option but I don't want to be "rich" and I don't want to be "poor." - I would like to be right in between! I want to be able to pay the bills that I have and feed my family and get the things that we need. No more, no less!
I'm with Riley'sMom on this. I'd rather be somewhere in between.
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Old 04-25-2008, 06:32 PM   #9
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I agree with Kim and what she wrote on her blog. It also explains why lottery winners are often broke 5 years later. If people are irresponsible with money before, they don't suddenly become responsible once they win.

I'm very responsible with my money and I'd like to have the opportunity to be responsible with even more money.

I'd much rather be rich. Rich but debt free. It's debt I'm adverse to, not money.
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Old 04-26-2008, 05:42 AM   #10
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Quote:
Originally Posted by Riley'sMom View Post
I would like to say... neither!

I know that's not an option but I don't want to be "rich" and I don't want to be "poor." - I would like to be right in between! I want to be able to pay the bills that I have and feed my family and get the things that we need. No more, no less!

This is my family too. It is so hard to say which would be best.
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