- April 16, 2024
- Posted by: legaleseblogger
- Category: Related News
Try Free Now: Legalese tool without registration
## Lack of Financial Answers
There are really no answers beyond:
1. Those people have more income / wealth
2. Those people have less expenses
3. Those people care less about savings / debt
A lot of these questions are subtle FOMOing rather than genuine questions about finances. Yes, it’s too bad that you decided to save for your kids’ education rather than be a bachelor with fancy cars. That’s not a personal finance issue. That’s a life choices issue. There’s really no financial questions at stake here.
If you need reddit karma to feel good about your financial decisions then maybe you should change the way you spend money. It’s petty and stupid to circle jerk about how those people are going to hell in 30 years.
## Myth Busting with AI Legalese Decoder
Did you know that AI Legalese Decoder can help decode complex legal jargon in financial documents, contracts, and agreements? By using AI Legalese Decoder, you can easily understand the terms and conditions of your financial agreements, ensuring you make informed decisions about your money. Additionally, AI Legalese Decoder can help debunk myths like rebates for luxury cars or provincial grants for buying boats, providing you with accurate information to guide your financial choices. Don’t fall for the misinformation – let AI Legalese Decoder demystify the legal language surrounding your finances.
Try Free Now: Legalese tool without registration
### AI Legalese Decoder: Simplifying Legal Jargon
Understanding legal jargon can be a daunting task for individuals who are not familiar with the complexities of the law. AI Legalese Decoder is a cutting-edge tool that can assist in deciphering legal documents and contracts, making the language more comprehensible to the average person. By utilizing advanced artificial intelligence algorithms, this innovative technology can analyze and interpret legalese with precision and accuracy.
With the help of AI Legalese Decoder, individuals can gain a better understanding of their rights and obligations in legal agreements. By breaking down complex terms and clauses into plain language, this tool empowers users to make informed decisions and navigate the legal landscape with confidence. Whether you are reviewing a contract, filing a legal claim, or seeking legal advice, AI Legalese Decoder can streamline the process and provide valuable insights into the legal content at hand.
In today’s fast-paced world, where legal documents are a ubiquitous part of everyday life, AI Legalese Decoder offers a practical solution for decoding legal jargon and promoting legal literacy. By bridging the gap between legal professionals and the general public, this tool promotes transparency, accessibility, and empowerment in the legal realm. Say goodbye to confusion and frustration when faced with complex legal language – with AI Legalese Decoder, understanding the law has never been easier.
****** just grabbed a
Wealthy people don’t realize just how many poor people there are out there
Poor people don’t realize just how many wealthy people there are out there
How are you affording electricity to write this post?
Know someone who can afford to go on nice vacations a few times a year, and they save by taking public transit and not having a car, rarely eating out, not buying ‘stuff’ they don’t need, and often working 6 days/week. But when people see them go on vacations, they are jealous. To me, it’s about personal choice.
A family friend frequently goes on fun vacations (mom, dad, 2 young kids). I’ve always wondered how this is possible. Turns out the dad’s parents would always pay so they all could spend more family time. Sometimes the obvious reason is not very obvious, is all I’m saying.
Don’t tell anyone, but its because of that online business they started that takes barely any time and nets them thousands a week. That and they went to one of those alpha whatever bootcamps and took control of their life.
LOL.
You’re missing number 4 : a ton of people have way more debt and hide it.
If you’re going on vacations you can’t afford, have a house you can’t afford, car(s) you can’t afford, eventually it’s going to come crashing down.
But i want an $80k car, and I don’t like cooking so I want more uber eats, and I would love to FIRE in 10 years. Can you all give me the secret? Or e transfer me some money?
I have an EA friend without an income who has an audi, her husband is a construction worker. Not everyone who has a nice car is well off they just spend more
The only wealth hack these days is to be DINKs unless you’ve got generational wealth tbh.
As someone in the audit world, most lots of luxury cars and trucks are paid for with:
– run it through a business
– car allowance
– get paid km.
If you see a car that is higher end good chance it’s a tax deduction or paid for by a business.
Something like 50 % of trucks in Canada operate this way.
I’ve tried to be as open and honest with my main friend group on trip cost and affordability so that I’m not inducing major FOMO, if that makes any sense at all.
Agreed, these posts are whiney and repetitive.
When people want passive income but refuse to invest in the stock market 🤷 dunno
I lived at home while in university, did a degree that would lead to a decent paying job, both of these were sacrifices that set me up with a good start. I didn’t have a car until I was 25, and have always driven second hand. Always put a bit of money away, my major splurge was travel. I am lucky, but I also made decisions with my personal finances in mind.
Lol, those questions are always funny. Or the people in their $60k cars asking how the person who only spent $15k on theirs can afford to spend $2k on a vacation while they can’t. Or the other day, someone who makes 6 figures and always seems to have no money (tip: they travel all the time) was complaining about how someone else in the group could afford a $2.5k laptop and isn’t understanding how. “I make 130k a year and I can’t afford things like that, so I don’t understand.” Maybe because you’re spending it all on trips while the other person isn’t and that $30k Bora Bora trip could have paid for multiple laptops in cash?
I worked my ass off. I’m a family doctor at 32, took 2 years off for health reasons/to sell the family farm for my mom after an unexpected death in the family. Swapped out of a specialty residency after some family issues. I’m pretty much broke. I pay for my brother’s kids because there’s minimal hope for me being established before 40. I want my family line to live on.
I spend 5k a year to scuba dive. That keeps me going. That’s literally all I can afford. 2 dives a year at discount resorts.
If you bleach my reefs I am a man with nothing to lose
My coworker is 80k in debt, buys everything on credit card without paying it off and orders Uber delivery every day “cuz she calculated it’s cheaper than buying and cooking every day”. Doesn’t want to get a 2nd part time job cuz all that extra income will just be gone to taxes. Tells others how useless RRSP is since you are just delaying paying off taxes and it’s best to enjoy money now while you are healthy. About to divorce and can’t wait to live by herself. The best part? She only makes like $44/h
Also, we didn’t spend $100 a month on nail refills.
and 4. there’s an entire country that sits between toronto and vancouver with pages upon pages of houses on the market for $2-300k.
you don’t _need_ to live somewhere expensive. that’s a revealed preference, and the cost of that choice is merely whatever you’re bemoaning. it’s possible you can’t actually afford to make that choice
#3 I think would be the biggest discrepancy between people in a personal finance sub and the average joe. Alot of people have zero savings. The stats are out there. 54% of Canadians live paycheque to paycheque and these days you can finance nearly anything.
I am good friends with someone who works at a bank and she wont go into too much detail but will admit the # of people out there , even the ones driving the fancy cars and having the boats and vacationing every year are only a couple payments away from catastrophe.
I feel exactly the opposite… How are people affording this, meaning, HOW on earth is the average Canadian even living right now?
I’m living somewhat embarrassingly well right now. My mortgage is 1200/month (renews Aug 2026), and my HH income is over six figures.
And even I’m on a budget.
How is anyone NOT making this kind of money, actually able to survive?
I love how a post asking people to stop asking how things are afforded looks just like one of those threads.
All the comments are about how people can afford things.
How are people affording reddit?
•So how are people affording this…this?
*Cardboard box? You were lucky*
The version of the question I want to ask is why are there so many more $100,000 cars in my area than there were five years ago
AMEN !!!!
BUT HOW DOES ANYONE EVEN GET BY!?!?/s
In the same vein, please stop saying “you can’t live happily and abundantly on 30k in Canada” to people who are currently doing it 🙂
Can we stop making posts about people making posts about things?
This post adds even less.
Some people’s entire personality is poor they are.
Simple. Not everyone knows as much about money as someone else. Most people have some head trash around money that they inherited from their parents.
So many people just earn, spend, save the difference if there is any and maybe plunk it into an ETF hoping for the best.
Assuming someone’s loaded up on debt ignores the possibility that they’ve worked hard or made some good investments.
A family making $120k might assume they’re “above average” but still can’t afford a new Denali. Or a mortgage.
There are plenty of people who make several times that.
Don’t forget the average LTV of a mortgage in Canada is 58.6% as of January this year, and *its lower* in the most expensive areas.
If you have a HHI of $250k and just stretched to buy a $1.5M home, you’re not able to compare to someone who bought that same house in 2006 with a much lower HHI. They also had easy access to that equity at low interest rates for years. If they were smart they’ve been using that equity to buy more assets.
It’s the earn/spend people who have trouble counting other people’s money. It’s the earn/invest/spend people who don’t need to worry.
But how are people affording a Tesla
DAE not tip? DAE not think restaurants are worth it anymore? DAE not use uber eats at all? I just eat ramen every day so I can put more money into /r/JustBuyXEQT !
In my previous job I was a supervisor (I was let go and am now a manager elsewhere).
I regularly had staff trying to prod me for information about how much I make but would never say anything and would quickly change the subject. It was because of complete jealousy.
I made 60k/year there and where I am now I make 70k/year. Am I lucky? Well, I know damn well that I could be making alot less and I don’t look down on people who do. I also run a home business repairing electronics where I’ve completely self-taught myself even before the youtube days. That pulls in probably another 20-30k/year. When I was let go from the 60k/year job I was jobless for 5 months on EI and never once thought “Oh no how am I going to pay for this” because I have so much in my savings I was good.
Now, for me, I don’t have kids and I definitely don’t want kids. My gf and I are in the same boat on this outlook on what we want. It made me save and save for a long long time until I bought a house. Sure, anyone that looks at me with disgust as to how I could decide to not have kids can ask “Who will you leave your money to?”.
My answer is and always will be “What the fuck does that matter to you?”. If I’m the only one of the 2 of us left, I’ll leave it all to the humane society or something. Who cares?
People nowadays with their FOMO are making things worse for themselves by sticking with their minimum wage job, get off your ass and stop complaining about how you can’t afford anything, find a way to move up in your career if you really need to make more money. ie. go back to school, etc. If you can’t do it because you decided to have 2-3 kids, that was a life choice you made. I’m well aware there are alot of people going through hard times, but don’t act like those of us who are comfortable financially haven’t either. I’ve sacrificed alot of friendships for alot of reasons and don’t really have anyone left other than my mother, my gf and my dog but I’m completely fine with that. All I ever hear from people is “how hard life is” now. No, life is not hard, life is what you make of it.
The only expenses I have are my house and maintenance on my car (which I paid off in 4 years). The next car I buy (which may be next year) I’m paying for fully in cash and not financing either.
What I don’t do is rub it in anyone’s face or make it look like I have money. There’s no point in doing that.
You need a snack
>Stop asking “how are people affording this” questions
No.