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How poverty changes your mindset

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Re: How poverty changes your mindset

#181
post #161

Earlier quoted context omitted.

I was homeless for nearly 6 years. I got off the street last September. I am still quite poor. In fact, my bank account currently has zero in it and I don't get paid again until the 1st. I fairly frequently give my opinions on HN about poverty, homelessness, housing, women's issues and the negative impact being female has on my earned income. I try to be judicious and not do it too often. Testifying from firsthand ex…

Not saying you are or not but using the fact that one is poor cannot be used as a vehicle to receive more attention, that does not make you privileged or entitled to having a positive reception of your opinions. Critical thinking is paramount to any argument to be made, if an argument is weak or else lacks fundamental building blocks required for reasoning through it to a conclusion, no amount of "I've been there tak…

I understand your view on critical thinking, and I am intentionally trying to foster that by encouraging other stakeholders to speak up. Namely, us Poors!

In this case, what speech is privileged over the rest? I read the article, her post, your post, and so on. I will continue to do so.

If your issue is with tone, great! Tone is an important discussion to have!

Re: How poverty changes your mindset

#182
post #67
post #15

I'm sure how people deal with stress and difficult situations varies from person to person. My personal story and 2-cents: When I was 17 I went through a period of near destitute. I was living on my own, my father had passed away, and I had dropped out of school. Yet, I found myself with some very good jobs, such as GE Capital, a big Oil and Gas companies IT department, etc. Regardless of the opportunity, my arroganc…

100% of society can't be brought out of poverty. Here's an example: If we motivated everyone to get a college education, we would have people flipping burgers who are college educated making min wage and living in poverty while struggling to put food on the table.

Maybe the main crux is the definition of wealth. Flipping burgers and being college educated would be fine if one could still live a life that's measurably a fulfilling life.

Re: How poverty changes your mindset

#183
post #67
post #15

I'm sure how people deal with stress and difficult situations varies from person to person. My personal story and 2-cents: When I was 17 I went through a period of near destitute. I was living on my own, my father had passed away, and I had dropped out of school. Yet, I found myself with some very good jobs, such as GE Capital, a big Oil and Gas companies IT department, etc. Regardless of the opportunity, my arroganc…

100% of society can't be brought out of poverty. Here's an example: If we motivated everyone to get a college education, we would have people flipping burgers who are college educated making min wage and living in poverty while struggling to put food on the table.

We could still give everyone guaranteed basic income for example and solve the problem that way. Not everyone needs to work to ensure as a society that everyone has a warm roof over their head and decently healthy food. It's just a matter of will.

Re: How poverty changes your mindset

#184
post #101

Earlier quoted context omitted.

A house has to appraise at the sales price or else you can't get a mortgage. You can, technically, "over pay" but that would be from savings which most people don't have. Also most first time buyers don't put 20% down so it's even harder to overpay. As for cars you should buy a new car at a low interest rate and hold it or buy a decent used car. You have to figure out the math here b/c after cash for clunkers used ca…

Things might be stricter now, but back when I dabbled in real estate, the appraisal was a farce. The appraiser, the real estate agents, and the loan appraiser could always magically make the numbers work.

I believe there are some new regulations that have taken the appraiser out of the back pocket of the bank. I'm not sure if it has made any difference though.

Re: How poverty changes your mindset

#185
post #177
post #110

Earlier quoted context omitted.

I think you're misunderstanding. The question had nothing to do with whether the more expensive tablet is better or not, or which one someone would rather buy.

The parent's comment point was that it may logically be assumed that you'd be doing such an action once every 1 year vs once every 3 years, for example. Edit: Upon realizing that you'd save the $50 every time you go / every 30 minutes spent regardless of how often, me (and presumably the parent) are wrong, and I'm going to bed. :)

Whether the device will last 1 year, or last 3 years, doesn't change whether you should spend 30 minutes to save $50. The rich people who changed their answers were still illogical.

Re: How poverty changes your mindset

#186
I grew up on welfare well into elementary school and my mom married my stepdad who was delivering oil to gas stations up driving all night on trucks.

Before that I spent my first years in a trailer park where my mom had my older brother and I in her teens, living in a single wide with my biological father and his mother. My dad's mother and both of my parents were addicts and alcoholics. I was taken out of custody and lived with family members until I was about 5 before I could live with my mom again on food stamps when she was single. She found a job as a medical transcriptionist and living in a two bedroom sharing a bunk bed with my brother. She met my stepfather at a church when he was a trucker.

Noone in my family including my older brother graduated high school.

I made straight A's was bored as public schools in the south are notorously bad mine was no different with the exception of overcrowding, riots etc, and after my parents foreclosed on their house we moved into yet another tiny apartment but this one was closed to a bookstore. I walked to Barnes and nobles everyday after school and one day after reading the alchemist in one sitting I picked up a teen vogue (I'm a girl) in the 9th grade in highschool, and read a fashion edition on boarding school fashion ($350 Tori Birch flats) and I thought hmm boarding school sounds like it might be challenging....

I went home and applied to every boarding school in the northeast, got accepted into three and a scholarship to 2. I went to one and cried for three weeks when I made an unweighted 3.96gpa because I wanted a 4.0 and needed to get a good scholarship to afford college.

I went to an engineering school and got a degree in Electrical Engineering, I have worked my ass off and dealt with all of the nonsense of going to school with spoiled rich white boys who did engineering because their dad did engineering and spent their weekends on expensive getaway trips, binge drinking at frat houses with jobs waiting for them at their dads big engineering firm.

Luckily for me I met alot of great kids in college as well who were genuinely geeky and there for the experience, but it has not been fun being a girl in engineering and dealing with the nonsense with that plus all of the ignirnace associated with how easy some people have it relative to me and many people who have it way worse than me. I consider myself lucky to be curious and enjoy hard work, and grateful for all the rich people in my life who have donated literally hundreds of thousands of dollars so people like me could afford to have a good education. I am not slighted or bitter in any regard when it comes to understanding how lucky I am (I could have been a girl trying to go to school in a third world country with no rights money etc) in the grand scheme of things and I truly believe gratitude is a healthy attitude to have in life.

That being said, I genuinely think so many people, particularly young white males whose mother's baby them to not end through their 20s have never struggled a day in their life and cannot understand what it's like to have to budget for a vacation, or food for that matter, buy their own first car and not be able to afford.to fly home on the holidays in college.

When I interned in Manhattan in college I actually met guys who tried to impress me by saying they came from nothing because their dad "only gave me $10,000 to invest when they were 18 and wouldn't give me anything else after that" (accept.of course all the luxuries in their life up to that point, including a good education, summer camps at ivy leagues, a brand new car and a fully paid for $200k tuition with no loans, but I digress...). I sat next to a kid at orientation at the company I was working for complaining about his stock options being limited for 10 weeks due to conflict of interest for the company we were working for. Stock? Wow, I was excited to get my first paycheck so I could pay rent. But these kids swear they "came from nothing".

And many girls I went out with I ended up not being able to hang out with because they would go shopping for Jimmy choose ($600 heels) and to clubs where shots are $50 a pop. I couldn't afford to socialize with them and it never occurred to any of them an $80 sushimi dinner with cocktails could be an affordability issue. They were living in Soho, I was in the Bronx living paycheck to paycheck. It was the first income I had ever had.

I genuinely think there is a level of non intentional ignorance about what it really means to come from nothing and it's a big deal considering politics plays into inner city education, taxes etc.

I'd honestly love to see some of these guys I worked with walk a day in my shoes and try to show up in Manhattan at the age of 21 with $300k to liquidate, no debt and a sports car with my background, and try to lecture me about how I'm not "confident" enough and that's my issue when it comes to advocating for myself in the business world.....

I will cry them a river

Re: How poverty changes your mindset

#187
Homeless for nine months and about to be officially destitute tomorrow. At least I’ve had a vehicle to have shelter and live in a warm area.

Combo of Homelessness and poverty is a cycle that is quite difficult to get out of. I took on programming work from nice folks while still homeless, which absolutely backfired. Lack of a normal safe routine and attempting to work from public when under such stress can be an effort in futility. Thus couldn’t work and couldn’t get back on my feet. It’s a vicious cycle

The other consequences are deteriorated mental state from isolation, paranoia, and depressive symptoms all of which serve to make digging out of any hole seemingly impossible.

Constant never ending stress, concerns about basic survival, concerns about physical safety change your mentality. Idgaf attitude prevails, to the point where crime including violence seem less unjustified.

I could go on, and obviously this is just an anectode

Re: How poverty changes your mindset

#188

I love how when this comes up, it's people either saying "Here was my experience when I was poor in the past." or "Here is what I think about economics or the wording of this article." Don't get me wrong, I know what website I'm on. But in all seriousness, is there room for currently poor people in this discussion?

If anything, I find that successful people are culturally un-welcome in the conversation today. It's considered presumptive or 'privileged' to give advice on how to be self-reliant and grow wealth.

Culturally this is happening in a number of areas. Victimhood has become such a powerful status to claim that we increasingly refuse to listen to so-called 'privileged' voice, regardless of how solid their advice may be.

Re: How poverty changes your mindset

#189

I love how when this comes up, it's people either saying "Here was my experience when I was poor in the past." or "Here is what I think about economics or the wording of this article." Don't get me wrong, I know what website I'm on. But in all seriousness, is there room for currently poor people in this discussion?

I usually just skim HN for links, but I this article and had to make an account. I've been making about 15k a year about the last five years. I live in a major metropolitan area. The section I live in is finally getting hit hard and fast with gentrification, and it's terrifying. Right now I can ride a bike to work, but if I'm forced to move somewhere that I have to pay to commute, my job won't even make financial sen…

> Everyone says they can't find programmers

It’s endemic, everyone interviewing no one hiring, waiting for unicorns with beards and sock hats. Don’t take it personally.

Re: How poverty changes your mindset

#190

Earlier quoted context omitted.

> If they're talking to themselves, they need more than that. They probably need to be cared for in a mental institution. Bullshit. There are many people capable of losing touch with reality who live normal lives thanks to medication.

Yes those people probably have homes, jobs, and a family and friends support network. With the homeless, they are missing more than one of those things, if not all of them. Is it even possible to have a prescription when you don't have a mailing address?

And is it even possible to get access to such drugs if you can't afford them and have no health insurance? Genuine question.
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