Hats off to Skyhigh
#161
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From: SAABster
Truer words have never been spoken so well. I think too many people try to identify with this so called "normal life" by purchasing so many unnecessary things just to impress Joe Blow and his trophy wife next door. I was raised in an Italian family, to appreciate what you have and not want what you dont have because wanting what you've already got will bring you peace and happiness. I make well under 30K a year and I live in the heart of Irvine, CA on UCI campus with my wife. Collectively we might make 30K a year. But we still rock climb 4 days a week, surf all the time, I fly almost everyday, we both have a gym membership and we share a car. We're absolutely content with our life because we are not a penny in debt, we have our health and eachother. What else could I possibly need? Don't get me wrong, I do have goals to get a 50' Bavaria (sailboat) and live on it. I forget who said this quote but I think it's pretty good: "Endulgence is a great reward to one self. Compulsiveness will only get you in trouble."
#162
Too many people in this country live way beyond their means. Hell I've been there myself. We don't need these huge SUV's or McMansions. Go to Europe and see people living in little flats, small cars. The best part is they are happy. This country is too materialistic. It's great that you have that new hummer but if you took your last breath tonight will your kids be taken care of? Will they remember you or your shiny SUV. Live simple.
You can live on less than $30K, it all depends on your ego. That's my two cents.
You can live on less than $30K, it all depends on your ego. That's my two cents.
#163
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From: SAABster
Countries in Europe has a social safety net. You don't have to make as much over there. I know, I lived there for two years. I anticipate retireing there. I will also enjoy a higher standard of living. Don't just say BS. Look up standard of living and do some research. The USA ranks about 9th.
#164
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Countries in Europe has a social safety net. You don't have to make as much over there. I know, I lived there for two years. I anticipate retireing there. I will also enjoy a higher standard of living. Don't just say BS. Look up standard of living and do some research. The USA ranks about 9th.
True, they do have a social safety net. That does not disprove what the other poster mentioned about size and expense. Europeans tend to live within their means much more than Americans.
Further, on the topic of the European Social Safety net, it is interesting to note that in the next 50 years, Europe is predicted to half in population. There social programs (which function much like how Social Security was suppose to, with a number of young supporting a single elderly person) will not be able to work in the same manner, or with the same effectiveness, since the old will outnumber the young.
#165
True, they do have a social safety net. That does not disprove what the other poster mentioned about size and expense. Europeans tend to live within their means much more than Americans.
Further, on the topic of the European Social Safety net, it is interesting to note that in the next 50 years, Europe is predicted to half in population. There social programs (which function much like how Social Security was suppose to, with a number of young supporting a single elderly person) will not be able to work in the same manner, or with the same effectiveness, since the old will outnumber the young.
Further, on the topic of the European Social Safety net, it is interesting to note that in the next 50 years, Europe is predicted to half in population. There social programs (which function much like how Social Security was suppose to, with a number of young supporting a single elderly person) will not be able to work in the same manner, or with the same effectiveness, since the old will outnumber the young.
I agree, however, that many Americans live beyond their means. My opinion is that this is cause by a generation trying to live up to the same standard they had growing up. The middle class was very strong 30 years ago. Today the middle class is disappearing and that spells trouble.
#166
Truer words have never been spoken so well. I think too many people try to identify with this so called "normal life" by purchasing so many unnecessary things just to impress Joe Blow and his trophy wife next door. I was raised in an Italian family, to appreciate what you have and not want what you dont have because wanting what you've already got will bring you peace and happiness. I make well under 30K a year and I live in the heart of Irvine, CA on UCI campus with my wife. Collectively we might make 30K a year. But we still rock climb 4 days a week, surf all the time, I fly almost everyday, we both have a gym membership and we share a car. We're absolutely content with our life because we are not a penny in debt, we have our health and eachother. What else could I possibly need? Don't get me wrong, I do have goals to get a 50' Bavaria (sailboat) and live on it. I forget who said this quote but I think it's pretty good: "Endulgence is a great reward to one self. Compulsiveness will only get you in trouble."
I agree 100%.
I never understood the whole keeping up with the Joneses concept. It's pretty ridiculous if you ask me. I drive a beater but it's paid off.
#167
I was born in another country and I am grateful for the opportunities that living in the US has given me. However, I think there are a lot of places that you can live that are just as good (some may even argue better) where you could live a good and fulfilling life.
#168
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Here are some excerpts from a Wasthington Post Article: http://www.washingtonpost.com/wp-dyn...061401340.html
A decrease in population will mean a decrease in workers and a decrease in business, so even if they do get most of the money from taxes, with the population decreasing, it will hurt the economy and their business. Further, many Europeans are adamantly opposed to Immigration, they fear that by letting in too many immigrants, they will lose their culutre, since the immigrants are not assimilating into their countries. So many are passing laws to curb immigration.
I do not know if the middle class is really disappearing, or infact growing. With an increasing gap between Rich and Poor, there will be a larger difference between Upper Middle Class and Lower Middle Class. So what was once the Lower Upper Class, and the Upper Lower Class, are now becoming part of the Middle Class.
But then again, I could be wrong on how that all works.
Europe's birthrates have dropped well below the replacement rate of 2.1 children for each woman of childbearing age. For Western Europe as a whole, the rate is 1.5. It's 1.4 in Germany and 1.3 in Italy. In a century -- if these rates continue -- there won't be many Germans in Germany or Italians in Italy. Even assuming some increase in birthrates and continued immigration, Western Europe's population grows dramatically grayer, projects the U.S. Census Bureau. Now about one-sixth of the population is 65 and older. By 2030 that would be one-fourth, and by 2050 almost one-third.
In the 1970s annual growth for the 12 countries now using the euro averaged almost 3 percent; from 2001 to 2004 the annual average was 1.2 percent. In 1974 those countries had unemployment of 2.4 percent; in 2004 the rate was 8.9 percent.
almost half of Western Europe's jobless have been out of work a year or more; the U.S. figure is about 12 percent.
I agree, however, that many Americans live beyond their means. My opinion is that this is cause by a generation trying to live up to the same standard they had growing up. The middle class was very strong 30 years ago. Today the middle class is disappearing and that spells trouble.
But then again, I could be wrong on how that all works.
#169
All this is bad for Europe -- and the United States.
I do not know if the middle class is really disappearing, or infact growing. With an increasing gap between Rich and Poor, there will be a larger difference between Upper Middle Class and Lower Middle Class. So what was once the Lower Upper Class, and the Upper Lower Class, are now becoming part of the Middle Class.
But then again, I could be wrong on how that all works.
But then again, I could be wrong on how that all works.
#170
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