Kansas Crimson

IllinoisJayhawk wrote: ↑Wed Jun 17, 2020 8:03 am

twocoach wrote: ↑Wed Jun 17, 2020 7:48 am Perhaps you and I suffer from the same affliction. "Most people are capable of having 6months of financial reserves" is not a statement that I have made at all, let alone a direct quote. So obviously my efforts to be brief have resulted in my not being clear.

There are a number of folks in this country who are perfectly capable of saving more that the zero that they have. That 45% of our nation has zero savings should be shocking. 45% of our country should not be that close to financial disaster.

Your statements weren't brief, but I apologize if I took them the wrong way. They're below if you forgot what you said....

twocoach wrote: ↑Tue Jun 16, 2020 9:48 am Oh, and if everyone had actually done what fimancial advisors have been telling us to do forever (keep at least 6 months of your full household expenses in savings) then more folks would be able to be patient and let this thing run its course.

But instead some folks choose year upgrades to the latest iPhone, seventeen different streaming services they dont use, a gym membership they don't use, too much car, too much house, too much eating out, the list is endless.

And when they missed their second paycheck, they were totally fucked. Panic over money causes people to do stupid shit, like protest for the right to subject yourself to a deadly virus as soon as possible.

twocoach wrote: ↑Tue Jun 16, 2020 10:38 am Bullshit.

It's not impossible at all. I lived for years off shitty tips at the restaurants I worked at and managed to save money despite making shit money.

Once we moved past near paycheck to paycheck living, my wife and I continued to make sacrifices to save for exactly these types of events. We chose to put money towards two extra house payments a year and now we have no mortgage to worry about.
You just have to make the sacrifices necessary to live within your means. THAT is what people seem to find "impossible". I could hundreds of dollars a month in bullshit unnecessary expenses out of virtually everyone's lives.

The only scenarios that makes it impossible is having kids you cannot afford or an unplanned accident or medical expense.

Either way, I think we are getting off track. No big deal. There is plenty of blame to go around on who/why we are "rushing to reopen"....i personally am not seeing the people who should have more reserves being the main culprits of rushing to reopen in my area..especially because many are getting more in unemployment with the added monthly bonus that runs thru July than they even make working their full time job...but again that's anecdotal evidence. Are there individual salon workers rushing? Sure. I know a few personally. I also know the owners of the largest salon in my city were rushing. Same with many restaurants owned by people living in 500k+ homes with plenty of financial reserves. Greed was driving those decisions, not lack of financial reserves.

I simply felt you were blaming the wrong people. No big deal. Plenty of blame to go around. From trump, down to the individuals who refuse to wear masks.

twocoach wrote: ↑Wed Jun 17, 2020 8:10 am

TDub wrote: ↑Wed Jun 17, 2020 7:56 am There it is again. If theyd just be more like me.



I dont disagree with you that mich money is wasted....but I disagree with your approach and your original premise. Also, as i have been told over and over again, wasted to me is not wasted to everyone.

So its not a problem that 45% of Americans have zero savings?!?

This has nothing to do with "be like me". This is me trying to have a conversation about how to figure out how we as a society could better survive another year like 2020.

We as every day citizens cannot pass legislation to have bigger stockpiles of emergency supplies. We cannot coordinate with the WHO and health officials around the world to build better monitoring and notification procedures. All we can do is protect ourselves and our families.

Good grief. Never in my life did I think "people should evaluate their expenditures and their jobs to see if we could be better prepared for a crazy year of disasters" would be so argued against.

TDub wrote: ↑Wed Jun 17, 2020 8:17 am

twocoach wrote: ↑Wed Jun 17, 2020 8:10 am

TDub wrote: ↑Wed Jun 17, 2020 7:56 am There it is again. If theyd just be more like me.



I dont disagree with you that mich money is wasted....but I disagree with your approach and your original premise. Also, as i have been told over and over again, wasted to me is not wasted to everyone.

So its not a problem that 45% of Americans have zero savings?!?

This has nothing to do with "be like me". This is me trying to have a conversation about how to figure out how we as a society could better survive another year like 2020.

We as every day citizens cannot pass legislation to have bigger stockpiles of emergency supplies. We cannot coordinate with the WHO and health officials around the world to build better monitoring and notification procedures. All we can do is protect ourselves and our families.

Good grief. Never in my life did I think "people should evaluate their expenditures and their jobs to see if we could be better prepared for a crazy year of disasters" would be so argued against.

Reading comprehension is not your strength

IllinoisJayhawk wrote: ↑Wed Jun 17, 2020 9:24 am We've gotten so far off track.

We should start a "financial responsibility for the middle class" thread...then I think we'd probably agree on nearly everything.

Financial responsibility for the lower class would be much harder for most of us to relate to. You pointed out you could find 100$ a month for most people, and i agree you probably could.....well @ $1,200 a year it would take them almost a decade to save enough for 6 months of financial reserves. Even shitty apartments/houses in most urban areas probably run $500+ per month in rent. Then factor in that many people have children ("that they can't afford"...your words not mine)....and you've got an environment where saving money is nearly impossible for a significant portion of our population, even if they truly tried hard to have no expenses that were for non essential things (...but come on, who really wants to live like that in reality where they do nothing but work eat sleep repeat with no spending on ANYTHING else).

CrimsonNBlue wrote: ↑Wed Jun 17, 2020 10:11 am We could all use a little more empathy for everyone.

The "bootstrap" speech always ends up reeking of one thing: privilege.

PhDhawk wrote: ↑Wed Jun 17, 2020 10:09 am Ahhh.
This is becoming my favorite episode of "Twocoach knows best".

PhDhawk wrote: ↑Wed Jun 17, 2020 11:06 am I'm sure the 890 who died yesterday agree.

CrimsonNBlue wrote: ↑Wed Jun 17, 2020 11:07 am

PhDhawk wrote: ↑Wed Jun 17, 2020 11:06 am I'm sure the 890 who died yesterday agree.

You have to break some eggs to make an omelet.

The omelet being tee times, boating and haircuts.

CrimsonNBlue wrote: ↑Wed Jun 17, 2020 11:07 am

PhDhawk wrote: ↑Wed Jun 17, 2020 11:06 am I'm sure the 890 who died yesterday agree.

You have to break some eggs to make an omelet.

The omelet being tee times, boating and haircuts.

TDub wrote: ↑Wed Jun 17, 2020 11:10 am

CrimsonNBlue wrote: ↑Wed Jun 17, 2020 11:07 am

PhDhawk wrote: ↑Wed Jun 17, 2020 11:06 am I'm sure the 890 who died yesterday agree.

You have to break some eggs to make an omelet.

The omelet being tee times, boating and haircuts.

Lets just hope they have a bank account.

CrimsonNBlue wrote: ↑Wed Jun 17, 2020 11:07 am

PhDhawk wrote: ↑Wed Jun 17, 2020 11:06 am I'm sure the 890 who died yesterday agree.

You have to break some eggs to make an omelet.

The omelet being tee times, boating and haircuts.