The house always wins … The rich get richer, the poor get poorer … I’m clichés-r-us today 🙂
A quote I posted – I can understand the interpretation of one of my readers, which is that it’s “classist” (in their opinion) …
The philosophy of the rich versus the poor is this: The rich invest their money and spends what is left; the poor spends their money and invest what is left.
— Jim Rohn
I’m not rich (obviously), and for me it isn’t about class. I think Jim was simply highlighting how the rich get richer and poor get poorer. It also follows what Robert Kiyosaki says in his books, and in other sources I’ve seen virtually the same thing said. So Jim’s quote might even be the opposite of classist …
That’s all by the by really. Classist or not, my reader did attempt to start an interesting conversation – do things like “The Great Depression”, “The Dot.Com Fizzle” and “The Current Economic Crash”, ultimately make the rich richer and the poor poorer.
Does the house always win ? That is – does the big guy always win, the little guy always lose ?
And is (most of the time) the system setup just to take from the poor to give to the rich ?
Are we just therefore slaves to the wealthy, servants of the rich and powerful ?
Do people like Bill Gates actually NEED billions of dollars in money and assets ? And do they actually contribute to people’s poverty by keeping it all for themselves ?
And conversely do people who’re not wealthy make poor investment choices ? Are some people as dumb as two planks of wood when it comes to money ?
Either side of the debate is fine, happy to receive comments either way …
Cheers
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To be honest, I have no desire to be “fabulously wealthy.” I do believe that everyone should have a chance to make ends meet and that it is shameful that hard working people can’t make a living without getting a second job.
People say that someone flipping burgers shouldn’t get paid more than they do now. They are just flipping burgers. However, no everyone can or should become office workers, freelance writers, or professionals of that sort. Also, some are simply doing this while in school.
If they got paid more for flippin’ burgers, then the flippin’ burgers would be more expensive ?
Reblogged this on In Through A Coloured Lens.
By the way, I think Bill gates’ foundation does a great deal of good in the world with the wealth he has created so he clearly has better boundaries than me ~ and a heck of a lot more money obviously!
The wealthy often do do this, or I think there’d be more lynchings … and whilst I know they do do good, can any one man reasonably expect to spend $79000000000 ($79 billion) in his lifetime … hmmm, I don’t think so ! … also that’s potentially 79000 people who are not millionaires because of Bill Gates … or 158000 who could probably live the rest of their lives quite comfortably without having to worry about money again …
I do get that the wealthy have their place, their usefulness in society, more playing both sides of the field than anything !
well personally I am hopeless with money as I tend to give away more than I comfortable should. People who say the more you give, the more you receive are mistaken ~ you may get satisfaction from doing the ‘right’ thing morally, but you will eventually run out of money to give.
🙂 … the guy at the car impound who I had to pay to get my car back after I forgot to pay for the parking said this to me – “It’s better to give than to receive” … I said “Well why don’t you pay it then” 🙂 … guess what, he declined !
So, yes I agree very much they are mistaken.
Reblogged this on Human Interest.
It’s a good quote, Yes the rich get richer and the poor get poorer, but the poor can really benefit from changing some of their ideas.
A whole lot of poor people spend everything they have and hope there is enough left over to invest or save. It hardly ever occurs to anyone to pay themselves first, to take tiny portion and set it aside either in savings or an investment. There’s never enough, so we tend to operate from an attitude of scarcity, which attracts even more scarcity. The problem with this is that the more you have, the more you spend, the more you make, the more bills it seems you have. So it’s like chasing our tails and we can never get anywhere. A change in our attitudes about money goes a long way and even if it doesn’t make you rich, it can make life more pleasant.
That’s a fair point of view 🙂
My thought is that it benefits the rich for the poor to become richer. If the poor become poorer the rich would become fewer. It seems like we have a lot more rich running around these days than when I was young.
I was walking on a dock where people lived in huts with no front door in China town in Penang Malaysia once. In one hut was an ancient looking woman sitting about four feet in front of a 60 inch LCD TV watching the rest of the world from her living room.
Nice juxtapose on the Malaysian lady …
So kind of “safety in numbers” for the rich then ?
I’m one of those planks of wood at times. Personally, I don’t spend any time thinking about rich people, or waste any anger that they might not share it. I have what I have, and I make do with it! I made choices that contributed to me being financially poor, so I can’t be jealous that someone else made sacrifices and ended up with more money. Sometimes, I do get confused about things, such as Obamacare. I was told I make TOO LITTLE money to receive help. I work full time but don’t quite make enough to get help. I can see making too much, but too little? lol. Made me scratch my head. But, those are the rules!
grannyK, you are indeed a smart lady 🙂 … as for Obamacare, I’m not familiar with it, BUT we get the same bureaucratic insanity in UK … GP doctors were at one point refusing to book advanced appointments (like 7 days), because it would mess up the targets the government had set for them … I was annoyed as a working person, when I tried to book an appointment, and they wouldn’t let me to correspond with a day off … eventually it came to light on a TV talk show that this was happening to patients in the UK …
It was some years ago now, I don’t know current situation, hopefully it’s resolved ! … I find the best to avoid doctors unless I’m very ill !
I avoid them as well. I’m sure I will have my fill of them as I get older..lol.
I’m sure I will too … so fingers crossed on good health for both of us 🙂