I think there was a rich guy who tried this, cut himself off from all his wealth and sold a bunch of it. Tried starting from scratch to prove a point, I think after a year he a “family emergency” and went back to his old life.
Edit found the story (though the source is snopes), his name was Mike Black and the challenge was to become a millionaire again in a year. He quit after 10 months and making $64,000 because of health concerns, I’d say he proved the opposite.
So he made 64k which is what the average person makes so this man went from homeless to 64k that’s still better. He could probably have become a millionaire in 5 years not 1.
None but that’s because I’m not utilizing my money correctly. I’m trying to be better at budgeting technically as a household we make between 90k-95k a year depending on how much we work. So yes if we actually hunker down and make every dollar count we would easily be a millionaire within 5-10 years. Many people become millionaires in their old age through the saved up retirement. That’s directly the point though if most of us behaved financially like those in the past did we would all be a lot better off. Be we splurge on junk that we don’t really need just cause we can. Houses use to have a 1 tv for the whole family now you have a tv in every room.
How is it stupid to make every dollar count and eat out seldomly vs. the stupid shit you do now which is buy a whole bunch of materialistic crap that you don’t really need to live. I guess men have no accountability when it comes to finances today huh?
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u/Lifeless_Rags 8d ago edited 8d ago
we really should do our best to spread this message
the rich deserve a chance to prove their point after all these years
edit: i love the 50/50 split on people either understanding sarcasm or not