Chasing money does not work, just as chasing happiness, as soon as we start chasing them, both vanish. Both money and happiness are purely subjective and vanish as soon as we want to capitalize on them. Why would you ask? Because value is a “MIND OVER MATTER” issue. So you now know why the “hidden hand” has fooled the entire planet for so long…. millennia, using money to delude and control masses.
PS: This article below is pretty long and ultimately explains why crypto currencies cannot save the day, because those who have invested the most in them, are among the top 10%… so the gap between the rich and the poor will continue to increase ad infinitum.
The Middle Class Sure Isn’t What It Used to Be…………… Finally, Americans don’t have much in the way of an emergency fund. A recent study found that a whopping 47% of us would be unable to cover an unexpected bill of only $400. The middle class – and often even the upper middle class – are living paycheck to paycheck, and not always through poor handling of money. Where the great jobs are, folks want to make $300,000-400,000 to live a middle-class lifestyle. Lots of young people go deeply into debt for an education that will (hopefully) land them a job in Silicon Valley, New York City, or some other metropolitan area. After all, that’s where the jobs that start you off at $80,000 a year are, right? Unfortunately, these are also the places in which the cost of living is completely out of reach for those with middle-class incomes, making it so that to be “middle class,” people feel as though they need to earn anywhere from $300,000-400,000 per year. This article pinpoints the actual amount of money you’d need to make in 25 different metropolitan areas to live a middle-class lifestyle. While there’s a big difference between these amounts and the amounts that statistics show are needed, the stats aren’t showing everything. Sam Dogen wrote an article about why you need to earn more: Let me tell you a sad story: In order to comfortably raise a family in an expensive coastal city like San Francisco or New York, you’ve got to make at least $300,000 a year. You can certainly raise a family earning less as many do, but it won’t be easy if your goal is to save for retirement, save for your child’s education, own your own home instead of rent and actually retire by a reasonable age…………FULL
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