Forgive me , I will not debate “ poor is a lifestyle choice “ with a person claiming in excess of 100,000 income. You clearly have no concept of poor or the difficulties people get into from low Incomes or no incomes.
All that tells you is that I may be "low income", but I'm not "very low income."
The area median income (AMI) in Santa Clara County in 2023 is $181,300, an increase of $12,800 since last year and $30,000 since 2021. This is driving up rents and creating more pressure on low-income earning tenants who qualify for affordable housing. The table below shows affordable rents at...
siliconvalleyathome.org
"The area median income (AMI) in Santa Clara County in 2022 is $168,500"
"Very low income is 30 to 50% of AMI" (up to $84,250)
"Low income is 50 to 80% of AMI" (up to $134,800)
I would guess my sister is in the "very low income" category.
She works for Stanford and owns a house.
She too lives within her budget.
Others have grown up in a culture of under performing or can’t get reasonable paying jobs. You can’t live serving coffee to rich people like you.
I think you just hit the nail on the head.
I'll bet some of my classmates in Skyline High School (Oakland) made choices that left them further down the income scale. Even though some were bussed from the poor side of town, offered the best education available in the city.
Serve coffee? Rich people like me? I just showed that I'm maybe "low income."
I occasionally have coffee out. Normally make it myself. I'll bet you poor people spend more money eating out than I do.
Years ago, my boss told me about this book. He said he was going to wait until it came out in paperback.
en.wikipedia.org
You don't know the path I took. I agree I didn't get here in a vacuum. I had two parents. My mom was a school teacher, supported the family. Both were frugal; maybe that's the biggest thing they gave me. I lived at home going to school. worked a minimum wage job, part time. My first home was a mobile home, rented out the second bedroom. Most prospective roommates turned around when they saw that, weren't willing to live in a mobile home. Bought a house, rented it out and lived in the garage. I've paid my dues.
Eventually bought the house I now live in. I'm still frugal, but I've enjoyed occasional extravagances. My boss's boss (at the time) also lived modestly considering his situation. He drove a Lexus. But he also made at least one extravagant purchase: He bought the Golden State Warriors. And so he hosts games my former classmates attend.