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RE: I Make $500,000 Per Year & I'm Broke...

in #money7 years ago

I don't get how can people earning that much money are so bad handling their money?

They don't realize the monumental amount of stuff they could achieve by taking some of that money and investing it in promising industries?

America has so much wealth that the amount of people who is broke makes no sense! There is clearly a lack of education when it comes to personal finances because that is the only explanation I can find for news like that one.

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Right. It's often those that immigrate to America who overtake those that have been born here.

Those that see America with fresh eyes can see the opportunity that abounds here still (even after years of decline) and take advantage. Those born here can see those opportunities and just go through life like everyone around them. If that means spending all you earn, no matter how much, then so be it.