Quote:
Originally Posted by TheSquealer
Its pretty sad that such a large majority of a nation are buying gold grills, designer jeans, iphones, jewelry and maxing out their credit cards with useless crap... then bitching about those who don't.
Rich people invest.
Poor people spend.
That concludes this lesson on Basic Personal Finance As It Applies to Macroeconomics 101. |
All of the stuff you listed didn't really happen with the previous generation yet they were still poor or at best, middle class. They didn't have credit card, they saved money but in the end they didn't really have much more of anything to show for it.