what I hate so much about that argument is they always as an example point to someone who is wealthy enough that even though they might be frugal in some ways, they're rich enough that a little frivolous spending wouldn't be enough to cause them to struggle. if you're earning say $70k a year in a low cost of living city, it doesn't matter if you get starbucks every day or a new iPhone every year, you'll still be able to make rent. I almost never see examples of someone who is making minimum wage but not stressing about money because they're "good at money management". if your wages are low, almost all your money just goes straight to rent and bills and such before you get a chance to "manage" it. saying it's about "how you manage your money" seems to be a way to obscure wealth inequality by implying that it doesn't matter.
The worst example I've run into is when a coworker said unironically that he thought that part of the reason why Bezos is so rich is because he drives a Prius.
what I hate so much about that argument is they always as an example point to someone who is wealthy enough that even though they might be frugal in some ways, they're rich enough that a little frivolous spending wouldn't be enough to cause them to struggle. if you're earning say $70k a year in a low cost of living city, it doesn't matter if you get starbucks every day or a new iPhone every year, you'll still be able to make rent. I almost never see examples of someone who is making minimum wage but not stressing about money because they're "good at money management". if your wages are low, almost all your money just goes straight to rent and bills and such before you get a chance to "manage" it. saying it's about "how you manage your money" seems to be a way to obscure wealth inequality by implying that it doesn't matter.
This is on point.
The worst example I've run into is when a coworker said unironically that he thought that part of the reason why Bezos is so rich is because he drives a Prius.