Quote:
Originally Posted by kane
Like you say, so many people also get a big tax return and just blow it. I worked in retail many years ago and tax time rocked because people would come in and buy big ticket items. That is the perfect type of money to use on savings and investments because it has already been taken out of your check. You have lived the full year without it so you don't miss it. Get it back and immediately put it something that can make you more money. But people don't do that. The allure of the big screen or the trip or the car or whatever is more important.
Another thing I have noticed is that it seems like many poor people have the best fucking cell phones. They have nothing, but they do have an IPhone which you know they are likely paying around $100 per month for. Not to mention many of them smoke and drink regularly.
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Yea I know.. when I was doing the contracting work, it seemed like every low income house I went in had a big screen TV. This was back when they were still well over $500 or more. Not to mention I dunno how many Rent a Center PC's I saw.
This is why I say it's really not a "race" issue or a "lazy" issue. It is usually a higher percentage with-in the Latino & Black groups but whites are just as bad. It really is just an issue of irresponsibility, lack of planning and education.