Comments on: Want to be in a Working Family? (Hard Workers with Money Need Not Apply) http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/ The Hard Truth about Money and Personal Finance Fri, 24 Feb 2012 15:57:47 +0000 hourly 1 http://wordpress.org/?v=3.3.1 By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-1036 Mr. ToughMoneyLove Tue, 04 Nov 2008 16:16:48 +0000 http://toughmoneylove.com/?p=146#comment-1036 Poor boomer: In my book, being "broke" is a consequence of wrong choices and bad decision-making in spending and use of credit. Being "poor" comes from lack of job opportunities or financial misfortune such as health problems. Yes, both suck but I have much sympathy for the poor - not so much for broke people. I hope things turn around for you. If you want to be more specific about your situation in an email to me, I would be glad to post something about it and solicit input from other readers. Poor boomer: In my book, being “broke” is a consequence of wrong choices and bad decision-making in spending and use of credit. Being “poor” comes from lack of job opportunities or financial misfortune such as health problems. Yes, both suck but I have much sympathy for the poor – not so much for broke people. I hope things turn around for you. If you want to be more specific about your situation in an email to me, I would be glad to post something about it and solicit input from other readers.

]]> By: poor boomer http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-1035 poor boomer Tue, 04 Nov 2008 16:14:14 +0000 http://toughmoneylove.com/?p=146#comment-1035 RetiredAt47 said: Well said. I’m sure those who have worked harder and smarter and finally reached that $250K will be relieved to know that they’re not working. Just read the personal finance blogs. There is vast attention and effort given in this country to acquiring passive income streams which produce income without having to work for that income. Indeed, the point of having passive income is to not have to work to get it. So if you're living off a passive income stream, you can hardly be considered to be working. But it's human nature to believe you are working hard, even when you are not working at all. RetiredAt47 said:

Well said. I’m sure those who have worked harder and smarter and finally reached that $250K will be relieved to know that they’re not working.

Just read the personal finance blogs. There is vast attention and effort given in this country to acquiring passive income streams which produce income without having to work for that income.

Indeed, the point of having passive income is to not have to work to get it.

So if you’re living off a passive income stream, you can hardly be considered to be working.

But it’s human nature to believe you are working hard, even when you are not working at all.

]]> By: poor boomer http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-1033 poor boomer Tue, 04 Nov 2008 16:07:51 +0000 http://toughmoneylove.com/?p=146#comment-1033 Mr. ToughMoneyLove said: Also, in my book there is a substantive difference between being “poor” and being “broke.” Please elaborate. I am poor AND broke, both suck. Mr. ToughMoneyLove said:

Also, in my book there is a substantive difference between being “poor” and being “broke.”

Please elaborate. I am poor AND broke, both suck.

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-989 Mr. ToughMoneyLove Thu, 30 Oct 2008 15:52:34 +0000 http://toughmoneylove.com/?p=146#comment-989 Retiredat47: The Joe the Plumber story took off but I'm not sure that everyone understands the implications of higher taxes on small business owners in a down economy. I suppose we will find out Tuesday night. Retiredat47: The Joe the Plumber story took off but I’m not sure that everyone understands the implications of higher taxes on small business owners in a down economy. I suppose we will find out Tuesday night.

]]> By: RetiredAt47 http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-981 RetiredAt47 Thu, 30 Oct 2008 12:33:55 +0000 http://toughmoneylove.com/?p=146#comment-981 Well said. I'm sure those who have worked harder and smarter and finally reached that $250K will be relieved to know that they're not working. I think this may be why the "Joe the Plumber" story took off like wildfire. Here is a man who aspires to run a business and succeed with hard work seeing his reward bashed before he even gets there. Well said. I’m sure those who have worked harder and smarter and finally reached that $250K will be relieved to know that they’re not working.

I think this may be why the “Joe the Plumber” story took off like wildfire. Here is a man who aspires to run a business and succeed with hard work seeing his reward bashed before he even gets there.

]]> By: MoneyGrubbingLawyer http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-977 MoneyGrubbingLawyer Wed, 29 Oct 2008 21:02:12 +0000 http://toughmoneylove.com/?p=146#comment-977 This is a major annoyance for me, as well. I've got a family and I work, but according to the lefties and union hacks, we're not a "working family". Apparently, if you oppose tax hikes and fiscal irresponsibility, if you plan well and make a good living, you're part of the "elite". The problem is just as bad here in Canada, maybe even worse. I've pushed and pushed candidates to tell me exactly what a "working family" is, but to no avail. Some seem to use it as a euphemism for poor, others for blue collar, others for middle class. If that's what you mean, say it. Until then, my "working family" can't take you seriously. This is a major annoyance for me, as well. I’ve got a family and I work, but according to the lefties and union hacks, we’re not a “working family”. Apparently, if you oppose tax hikes and fiscal irresponsibility, if you plan well and make a good living, you’re part of the “elite”.

The problem is just as bad here in Canada, maybe even worse. I’ve pushed and pushed candidates to tell me exactly what a “working family” is, but to no avail. Some seem to use it as a euphemism for poor, others for blue collar, others for middle class. If that’s what you mean, say it. Until then, my “working family” can’t take you seriously.

]]> By: Mr. ToughMoneyLove http://toughmoneylove.com/2008/10/29/want-to-be-in-a-working-family-hard-workers-with-money-need-not-apply/comment-page-1/#comment-976 Mr. ToughMoneyLove Wed, 29 Oct 2008 20:36:28 +0000 http://toughmoneylove.com/?p=146#comment-976 Brian - It is refreshing for a union man like yourself to step up to the plate on this issue. Please come back often and give us your input on other economic issues. Brian – It is refreshing for a union man like yourself to step up to the plate on this issue. Please come back often and give us your input on other economic issues.

]]>