Wednesday, November 6, 2013

How to Get From Middle-Class to Kickass

Basically he went out to lunch with people he used to work with and was amazed at how many were still working and spending. He proceeds to make a table of middle class which represent realistic numbers from his own middle/high class friends and former coworkers vs kickass which is him and his family/other people that are "trained in the art of more efficient living". In the end he saves 74.07% compared to what the middle class saves at 15.16%. Pretty amazing how he has an answer for all saving.


The idea that he is promoting is that we cut back on things we don't really need such as Ivy league child care, he says don't need to send your child to an Ivy league day care or a house keeper, clean your own house. I think what he is saying is workable and practical but some people can't do that, they can't cut back on buying clothes or their golf membership. It is practical but most people in the United States like having some of these things and do not want to give them up. That would also be the weakness of it, the weakness of the people. They could do this and cut back but they don't want to, why would someone want to cut back on clothes and shoes? Why would someone spend $150 for one pair of shoes? Those are two of the opposite questions which is a weakness and a strength.









    VS

                   Middle Class                                                               Kickass



http://www.moneysavingexpert.com/family/stop-spending-budgeting-tool

   This link gives you tips on how to save your money and how to not over spend what you don't have. It says that most people spend more than what they have. It shows some pictures and gives good examples.

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