and some of it is -- I am trying to think of the word I heard applied to
the economy the other day. Pent-up demand? Big bills tend to get deferred
until they can't be, so the person who gets through a windfall of several
thousand in a few days isn't necessarily spending the money foolishly if
they buy -- let's say -- new glasses, tires for the car, and a laptop made
in the current century.

Judah could be talking about the sort of emotional spending you're talking
about -- which I think is understandable if self-defeating -- or he may be
trying to explain that there's no such thing as investing part of your
disposable income if there's no disposable income. Certainly that was *my*
point at the time I'm talking about.

On Mon, Mar 19, 2012 at 5:59 AM, Cameron Childress <camer...@gmail.com>wrote:

>
> On Sun, Mar 18, 2012 at 10:34 PM, Judah McAuley <ju...@wiredotter.com
> >wrote:
>
> > The problem (and this is something I've suffered from) is that you
> > only know how to deal with hand to mouth. There is no experience
> > investing extra money because there has never been extra money. If you
> > somehow happen to have a bit more at the end of a month, that is (at
> > best) getting put into a savings account because you know that you'll
> > be short again sometime soon. The short months always outnumber the
> > ones that aren't. That's why you're fucking poor.
>
>
> I think this has lots to do with it. Living paycheck to paycheck can make a
> person simultaneously resentful and jealous of "the rich". It's very common
> for someone living paycheck to paycheck to get a windfall of some sort and
> rather than save the money in a saving account, blow it on something either
> so that they can feel rich or just because they simply don't know what to
> do with it.
>
> Saving it for the "time you'll need it again sometime soon" just isn't
> wired into the thinking. Some of this is lack of education and some of it
> is emotional spending.
>
> -Cameron
>
> ...
>
>
> 

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