Because then you have $600 in an emergency fund so you can use that to pay for an emergency rather than going into debt. It isn’t hard to understand that $600 is $600 more that you can use to make you life better, rather than frittering it away on coffee.
You’re literally trying to justify shooting yourself in the foot via self pity and learned helplessness. Just buy a mocha pot at the thrift store.
Until next year you have another $10k added on because it happened on dec 31st.
I get what your saying, but if you’re only mustardly up $300 a year in savings, if you arent using it to find a way to earn more money, then just fucking spend it to make your existence a tiny bit better. Because if your gonna be in debt and never able to get out, mind as well not even worry about it. They cant take what you dont have
What the fuck. It’s 600$ over 2 years! Are you insane? Just in-case you happen to need 600$ for an emergency? You are more likely to be shooting yourself in the foot by trying to live with literally no joy in your life, saving for something that will never come.
If you can barely save $600 in 2 years, $600 will do jack shit for you in emergency and you better spend it on drugs, at least that way you can forget the pain of living for a moment.
You need your car to get to work. Your car gets a flat. $75 for a used tire.
Without emergency fund: $75 unexpected expense goes on credit card. Since you are still drinking fancy coffee, you have no slack in your finances, and interest starts compounding on that $75 which you cannot pay off. Eventually you figure out you can pay the debt down gradually by cutting back on having someone else make you coffee. You manage to gradually pay down your debt over several months. By the time you pay it off, the tire cost you $150.
With emergency fund: you are pissed off about the flat, but shell out $75 from your emergency fund. Your fund recovers in a couple months.
Ok, got it! Sorry! Will never pay for anything I enjoy again! Will just work like a robot to survive maybe half a year longer before the economy tanks anyway.
EDIT: Let me tell you, my Grampa always saved up, and spent all his money investing into a home, for the day he could retire and have his perfect family life. He died suddenly, and the house was very near finished.
If you struggle to save $600 in 2 years, you don’t have a car already, it required $3000 worth of maintenance 3 years ago and you didn’t have it so you sold it for parts, or it still rotting behind a dumpster. If you struggle to save $600 in 2 years, your problems aren’t coffee.
A mocha pot? But then I’d still have to buy coffee beans, which are a luxury, right? Not buying a mocha pot means you don’t have to buy coffee either, thus saving even more money.
And that could go for all luxuries, to the point that life is just working to be able to work.
And none of this would be necessary if wages were higher overall, and there was a good social safety net.
Tell government to tax the rich, instead of telling people to forego their pleasures.
Im extremely lucky to have a good paying job and still I say tax the fuck out of the rich. They are absolutely kings of our day drunk with power and money they do not deserve that they earned by destroying thousands of lives. There is no other way to win capitalism. If there’s a hell, all billionaires will go there because they are scum. You’re average millionaire bisynes owner mom n pop store, theyre not who we are talking about. Its the filthy rich.
A mocha pot? But then I’d still have to buy coffee beans, which are a luxury, right? Not buying a mocha pot means you don’t have to buy coffee either, thus saving even more money.
There are degrees to all things. Doesn’t mean some things aren’t better or worse. If you are getting a latte at a coffee shop every day, making them yourself is a comparable amount of luxury for significantly less money. If you are actually strapped for cash, then indeed, simply give up coffee entirely.
But if you are struggling to save even $600 in a year, you are truly in a financial emergency, and doing something about that should be at the top of your list. If you are regularly buying fancy coffee, this is obvious low hanging fruit.
And that could go for all luxuries, to the point that life is just working to be able to work.
Sure. Again, degrees, choices. But again, if you struggle to save $600, then you need to save $600. Life can just be work for a while until you are in a more stable financial situation.
And none of this would be necessary if wages were higher overall, and there was a good social safety net.
Tell government to tax the rich, instead of telling people to forego their pleasures.
Okay, I’ve done those things. Now what does the financially struggling individual do once I have told the government that, and the government has ignored me? If their plan is to continue having no financial safety net while drinking cafe coffee every day, I’m just gonna say that that isn’t the best choice.
If the government turned around and did those things, that sure would be nice. But I’m not gonna count on it, and if you are struggling financially, you shouldn’t either. If you sit around waiting for the government to save you because they should, my bet is that you’re in for some disappointment. A better bet is to see that social safety nets are bad and likely to get worse, accept this fact, and the fact that you can effectively do nothing about this and other large mechanations of the world, and ask yourself what you can do to improve your own situation.
Because then you have $600 in an emergency fund so you can use that to pay for an emergency rather than going into debt. It isn’t hard to understand that $600 is $600 more that you can use to make you life better, rather than frittering it away on coffee.
You’re literally trying to justify shooting yourself in the foot via self pity and learned helplessness. Just buy a mocha pot at the thrift store.
Whats $600 gonna do for a $10,000 out of pocket health insurance policy?
It will be $600 less to make in interest payments as you gradually pay the debt down.
More poignantly, however, it would be very useful for a $600 copay. And these are significantly more common.
Until next year you have another $10k added on because it happened on dec 31st.
I get what your saying, but if you’re only mustardly up $300 a year in savings, if you arent using it to find a way to earn more money, then just fucking spend it to make your existence a tiny bit better. Because if your gonna be in debt and never able to get out, mind as well not even worry about it. They cant take what you dont have
They definitely can take what you don’t have. That’s what debt is.
No, debt is unpaid credit. If your in debt you, already didnt have it, thus why they lended the money/services.
What the fuck. It’s 600$ over 2 years! Are you insane? Just in-case you happen to need 600$ for an emergency? You are more likely to be shooting yourself in the foot by trying to live with literally no joy in your life, saving for something that will never come.
If you can barely save $600 in 2 years, then you 100% need a $600 emergency fund
If you can barely save $600 in 2 years, $600 will do jack shit for you in emergency and you better spend it on drugs, at least that way you can forget the pain of living for a moment.
You need your car to get to work. Your car gets a flat. $75 for a used tire.
Without emergency fund: $75 unexpected expense goes on credit card. Since you are still drinking fancy coffee, you have no slack in your finances, and interest starts compounding on that $75 which you cannot pay off. Eventually you figure out you can pay the debt down gradually by cutting back on having someone else make you coffee. You manage to gradually pay down your debt over several months. By the time you pay it off, the tire cost you $150.
With emergency fund: you are pissed off about the flat, but shell out $75 from your emergency fund. Your fund recovers in a couple months.
Ok, got it! Sorry! Will never pay for anything I enjoy again! Will just work like a robot to survive maybe half a year longer before the economy tanks anyway.
EDIT: Let me tell you, my Grampa always saved up, and spent all his money investing into a home, for the day he could retire and have his perfect family life. He died suddenly, and the house was very near finished.
What was the point? He deserved better.
If you struggle to save $600 in 2 years, you don’t have a car already, it required $3000 worth of maintenance 3 years ago and you didn’t have it so you sold it for parts, or it still rotting behind a dumpster. If you struggle to save $600 in 2 years, your problems aren’t coffee.
A mocha pot? But then I’d still have to buy coffee beans, which are a luxury, right? Not buying a mocha pot means you don’t have to buy coffee either, thus saving even more money.
And that could go for all luxuries, to the point that life is just working to be able to work.
And none of this would be necessary if wages were higher overall, and there was a good social safety net.
Tell government to tax the rich, instead of telling people to forego their pleasures.
Im extremely lucky to have a good paying job and still I say tax the fuck out of the rich. They are absolutely kings of our day drunk with power and money they do not deserve that they earned by destroying thousands of lives. There is no other way to win capitalism. If there’s a hell, all billionaires will go there because they are scum. You’re average millionaire bisynes owner mom n pop store, theyre not who we are talking about. Its the filthy rich.
There are degrees to all things. Doesn’t mean some things aren’t better or worse. If you are getting a latte at a coffee shop every day, making them yourself is a comparable amount of luxury for significantly less money. If you are actually strapped for cash, then indeed, simply give up coffee entirely.
But if you are struggling to save even $600 in a year, you are truly in a financial emergency, and doing something about that should be at the top of your list. If you are regularly buying fancy coffee, this is obvious low hanging fruit.
Sure. Again, degrees, choices. But again, if you struggle to save $600, then you need to save $600. Life can just be work for a while until you are in a more stable financial situation.
Okay, I’ve done those things. Now what does the financially struggling individual do once I have told the government that, and the government has ignored me? If their plan is to continue having no financial safety net while drinking cafe coffee every day, I’m just gonna say that that isn’t the best choice.
If the government turned around and did those things, that sure would be nice. But I’m not gonna count on it, and if you are struggling financially, you shouldn’t either. If you sit around waiting for the government to save you because they should, my bet is that you’re in for some disappointment. A better bet is to see that social safety nets are bad and likely to get worse, accept this fact, and the fact that you can effectively do nothing about this and other large mechanations of the world, and ask yourself what you can do to improve your own situation.