Quote:
Originally Posted by valo403
I think that's a bit untruthful. There's plenty stopping most people from attaining that level of wealth. I'm pretty well educated and in a profession that pays quite nicely and I'm unlikely to ever find myself in the top 1%. The top 1% is a pretty exclusive club, we're talking earning around $350,000/year. Cracking six figures isn't that hard for a lot of people, getting to $200,000 even isn't that far out of reach, but that next level isn't something that will ever be a realistic possibility for most people.
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Nothing is stopping you. My parents (3 kids) for example - both teachers - my mother stayed at home for 20 years. We didn't have the biggest house, the nicest cars....but off my dads teaching salary i was able to play hockey for 15 years, sister horse back riding, brother playing hockey, school europe trips, family vacations, without ever being in debt, my dad retired at 55 (10 years ago) and my parents through living within their means and saving money and investing the little money they made it - did quite well for themselves. No doubt they had some help from their parents in the form of inheritance (which wasn't that much) but they did it. They may not be in the 1% but they a nice little nest egg. That's just an example that it is possible.
Be smart with your money, live within your means and you may not be in the 1% but you will have a comfortable life.
Sorry don't mean to you preach to you.
Don't forget there are a lot of people in the 1% who came from nothing, how many times has Donald Trump been bankrupt?
I just don't believe in saying never....you don't need to be in the 1% to have a good life.
Do the rich need to be taxed more? Sure i have no problem with that....Do the some of the 99% need to freaking man/woman up and contribute more? YUP