Post
Topic
Board Economics
Re: How to spend money determines whether you can avoid unnecessary problems
by
blockman
on 22/09/2023, 17:57:26 UTC
I don't think extremely poor or wealthy people are not excluded in this matter since in this world in order to survive we all need is money for us to buy our wants and needs. People who spend money for their own desires and satisfaction we are all aware of that already. Poor people are not afraid of loss since they already accepted their situation either they will work hard to become rich unlike those wealthy people what if one day they woke up and end up in a miserable life? Can they accept it?
That's true about those that are in the poverty threshold. When they wake up, nothing changes and they just have to deal with life again trying to survive and have food on their tables. While the wealthy ones that probably have made their lives miserable and turned their wealthy lives into a nightmare, maybe they won't survive at first but they will adopt the situation as they have no choice but to step up and stand again on their own.
It's actually a debate that people are saying the opposite that if you make a wealthy person poor again, they'll be able to get back in life and will become wealthy again. But if you make a poor person rich, they'll just end up being poor again because they don't know how to manage their wealth and how to maintain it.