create account

Being Poor Is Expensive! by youngkedar98

View this thread on: hive.blogpeakd.comecency.com
· @youngkedar98 ·
$6.64
Being Poor Is Expensive!
Not all of us got dealt with an easy hand in life. Some are given the 'poverty card' to play with. In a world where it is believed that <a href=" https://leofinance.io/@leoglossary/leoglossary-money">money</a> talks, you're automatically excluded in a lot of things. This can be viewed in two ways, you can either whinge and complain about it or you can do something about it and face it head on. 

Contrary to popular belief, being poor is very expensive. Poor people always find themselves with limited choices, they easily fall prey to scammers and most of the time, they're socially excluded. 

![Sitting on the stairs ](https://images.pexels.com/photos/9533300/pexels-photo-9533300.jpeg?auto=compress&cs=tinysrgb&w=400.jpg)
<a href="https://images.pexels.com/photos/9533300/pexels-photo-9533300.jpeg?auto=compress&cs=tinysrgb&w=400.jpg"> Source</a>
<h2> Easy Prey To Scammers</h2>Who easily falls prey to 'get rich quick schemes', the rich or the poor? When you find yourself in a bad <a href=" https://leofinance.io/@leoglossary/leoglossary-finance">financial situation</a>, you tend to jump on any offer that's given to you thinking it's the once in a lifetime opportunity. 

Sadly, this are just <a href=" https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme">schemes</a> and they never deliver on what is promised. Thinking that with a quick <a href=" https://leofinance.io/@leoglossary/leoglossary-investment">investment</a>, they can suddenly turn the table of their financial situation, poor people quickly make the move without any due diligence. There eyes are untrained to see that nothing comes easy especially when it comes to getting rich. 

However, online scammers continue to employ this tactic and poor people keep falling for it, till to this day!

<h2> Socially Excluded
</h2><a href=" https://leofinance.io/@leoglossary/leoglossary-network">Networking</a> and connections, opportunities that'll give you a 'big break' in life are rarely available to poor people. These are opportunities that people dream and fantasize about every night, the ones that will forever change their life for the better. 

This hand outs are mainly given by well connected people on the top. It's not that they won't give it to poor people but poor people are missing during this gatherings. Have you ever been to those socially awkward gatherings between the rich and the poor? 

Poor people don't feel they belong there so they avoid and stay away from those situations as much as possible. Hiding behind the façade of not being worthy to be there. This excludes them from the opportunities they would have had if they weren't poor.

![All alone](https://images.pexels.com/photos/1739855/pexels-photo-1739855.jpeg?auto=compress&cs=tinysrgb&w=400.jpg)
<a href="https://images.pexels.com/photos/1739855/pexels-photo-1739855.jpeg?auto=compress&cs=tinysrgb&w=400.jpg"> Source </a>
<h2> Limited Choices
</h2>When a poor person goes to buy something, not having enough will always limit their choices. For example, when buying a vehicle, they'll settle for the one that's barely able to get the <a href=" https://leofinance.io/@leoglossary/leoglossary-job">job </a> done rather than the one they really like. When buying a house, certain neighborhoods are beyond reach for them simply because it's unaffordable to purchase a house there. 

The same thing goes for health and education. Their choices are limited when it comes to the health care and education they receive. In most cases, they just settle for what's available to them even if it's not up to the best standard. 

<h2>In Conclusion</h2>If you culminate all of this, you come to the conclusion that although getting rich is not easy, it's still a better option that being poor especially in the long term. Being poor can be very costly. 

Take the example of buying cheap things, they spoil or break early and you have to buy again. Where as, if you bought a good quality one, it will last long. <a href=" https://leofinance.io/@leoglossary/leoglossary-bank">Banks</a> are more friendly and favour rich people than poor people. Poor people rarely have time for investing. 

As Dutch American artist, Willem de Kooning said, “**The trouble with being poor, is that it takes up all your time.**”
<br>
<center> <h3> Thanks for reading! </h3><h4>Profile: <a href="https://leofinance.io/@youngkedar98"> Young Kedar </a> </h4></center><br>

**Recent Posts:
● <a href=" https://leofinance.io/@youngkedar98/the-concept-of-business-scaling-horizontal-versus-vertical-scaling"> Do You Know How To Scale A Business?  </a>
● <a href=" https://leofinance.io/@youngkedar98/the-difference-between-being-self-employed-and-being-a-business-owner"> The Difference Between Being Self Employed And Being A Business Owner </a>
● <a href=" https://leofinance.io/@youngkedar98/how-agile-is-your-business"> How 'Agile' Is Your Business? </a>
● <a href=" https://leofinance.io/@youngkedar98/do-you-know-the-fundamentals-of-a-business-plan"> Do You Know The Fundamentals Of A Business Plan? </a>**


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/being-poor-is-expensive)
👍  , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , , and 315 others
properties (23)
authoryoungkedar98
permlinkbeing-poor-is-expensive
categoryhive-167922
json_metadata"{"app":"leofinance/0.2","format":"markdown","tags":["poor","expensive","ctp","neoxian","gems","vyb","proofofbrain","hustler","leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/being-poor-is-expensive","links":[" https://leofinance.io/@leoglossary/leoglossary-money","https://images.pexels.com/photos/9533300/pexels-photo-9533300.jpeg?auto=compress&cs=tinysrgb&w=400.jpg"," https://leofinance.io/@leoglossary/leoglossary-finance"," https://leofinance.io/@leoglossary/leoglossary-ponzi-scheme"," https://leofinance.io/@leoglossary/leoglossary-investment"," https://leofinance.io/@leoglossary/leoglossary-network","https://images.pexels.com/photos/1739855/pexels-photo-1739855.jpeg?auto=compress&cs=tinysrgb&w=400.jpg"," https://leofinance.io/@leoglossary/leoglossary-job"," https://leofinance.io/@leoglossary/leoglossary-bank","https://leofinance.io/@youngkedar98"," https://leofinance.io/@youngkedar98/the-concept-of-business-scaling-horizontal-versus-vertical-scaling"," https://leofinance.io/@youngkedar98/the-difference-between-being-self-employed-and-being-a-business-owner"," https://leofinance.io/@youngkedar98/how-agile-is-your-business"," https://leofinance.io/@youngkedar98/do-you-know-the-fundamentals-of-a-business-plan"],"image":["https://images.pexels.com/photos/9533300/pexels-photo-9533300.jpeg?auto=compress&cs=tinysrgb&w=400.jpg","https://images.pexels.com/photos/1739855/pexels-photo-1739855.jpeg?auto=compress&cs=tinysrgb&w=400.jpg"]}"
created2022-07-31 21:34:36
last_update2022-07-31 21:34:36
depth0
children32
last_payout2022-08-07 21:34:36
cashout_time1969-12-31 23:59:59
total_payout_value3.368 HBD
curator_payout_value3.275 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length5,145
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd0
post_id115,319,987
net_rshares8,874,455,974,036
author_curate_reward""
vote details (379)
@belemo ·
RE: Being Poor Is Expensive!
Oh man, this shit hit me real deep because I'm soeaki from a society that has A LOT of poor people.  I mean abject poverty that first world people cannot imagine. 

Posted using [LeoFinance Mobile](https://leofinance.io)
properties (22)
authorbelemo
permlinkoh-man-this-shit-hit-me-real-7kf26r1npo6xpxaub1ff70hp7o1hau08
categoryhive-167922
json_metadata{"app":"LeoFinance/android/1.0.1","format":"markdown"}
created2022-08-01 19:22:21
last_update2022-08-01 19:22:21
depth1
children5
last_payout2022-08-08 19:22:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length220
author_reputation1,001,233,640,446,753
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd5,000
post_id115,347,276
net_rshares0
@youngkedar98 ·
 Oh my, I think I can relate. Poverty in the third world hits different. What poor people from first world countries complain about is like paradise for poor people in third world countries. 
properties (22)
authoryoungkedar98
permlinkre-belemo-rfycr2
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.07.1"}
created2022-08-01 19:57:12
last_update2022-08-01 19:57:12
depth2
children4
last_payout2022-08-08 19:57:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length191
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,348,190
net_rshares0
@belemo ·
Check this YouTube video out to get an idea. 

https://youtu.be/yiliIiLM08k
properties (22)
authorbelemo
permlinkre-youngkedar98-rfycum
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.07.1"}
created2022-08-01 19:59:12
last_update2022-08-01 19:59:12
depth3
children3
last_payout2022-08-08 19:59:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length76
author_reputation1,001,233,640,446,753
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,348,246
net_rshares0
@fabian98 ·
RE: Being Poor Is Expensive!
This is true, being poor is very expensive, because in addition to thinking big in an easy way, we are the great mass that feeds the fortunes of the rich.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@fabian98/re-youngkedar98-6tbinu)
properties (22)
authorfabian98
permlinkre-youngkedar98-6tbinu
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@fabian98/re-youngkedar98-6tbinu"}
created2022-08-02 16:43:24
last_update2022-08-02 16:43:24
depth1
children1
last_payout2022-08-09 16:43:24
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length253
author_reputation311,798,628,800,234
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,373,265
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
Absolutely, the rich feed off the poor. The imbalance is quite huge! 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-fabian98-21b9se)
properties (22)
authoryoungkedar98
permlinkre-fabian98-21b9se
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-fabian98-21b9se"}
created2022-08-02 18:34:21
last_update2022-08-02 18:34:21
depth2
children0
last_payout2022-08-09 18:34:21
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length168
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,376,117
net_rshares0
@forexbrokr ·
RE: Being Poor Is Expensive!
> Contrary to popular belief, being poor is very expensive. 

Really thought provoking concept.

When you're unable to pay for the little things required just to survive, you end up taking on more risk or debt that compounds even further into the negative.

If you're rich however, you can just use your excess money to compound into the positive.

Life...

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@forexbrokr/re-youngkedar98-2oirqx)
properties (22)
authorforexbrokr
permlinkre-youngkedar98-2oirqx
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@forexbrokr/re-youngkedar98-2oirqx"}
created2022-07-31 23:39:30
last_update2022-07-31 23:39:30
depth1
children1
last_payout2022-08-07 23:39:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length457
author_reputation423,122,348,693,842
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,322,204
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
Indeed, the small costs that you keep avoiding when compounded over time puts you far into the negative.  

Rich people can fix a problem right away, poor people do not have that luxury.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-forexbrokr-77fdsy)
properties (22)
authoryoungkedar98
permlinkre-forexbrokr-77fdsy
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-forexbrokr-77fdsy"}
created2022-07-31 23:53:42
last_update2022-07-31 23:53:42
depth2
children0
last_payout2022-08-07 23:53:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length287
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,322,376
net_rshares0
@heskay ·
RE: Being Poor Is Expensive!
You are right on track . I remember I got into this kind of thing while trying to find a surplus money but at the end I was scammed 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@heskay/re-youngkedar98-6kd21t)
properties (22)
authorheskay
permlinkre-youngkedar98-6kd21t
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@heskay/re-youngkedar98-6kd21t"}
created2022-08-01 03:54:30
last_update2022-08-01 03:54:30
depth1
children2
last_payout2022-08-08 03:54:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length229
author_reputation81,253,609,298,220
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,327,603
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
Yes, it's not that difficult to understand. Hope you learned the lesson well and never tried it again? 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-heskay-7uv4s4)
properties (22)
authoryoungkedar98
permlinkre-heskay-7uv4s4
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-heskay-7uv4s4"}
created2022-08-01 07:44:06
last_update2022-08-01 07:44:06
depth2
children1
last_payout2022-08-08 07:44:06
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length200
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,331,302
net_rshares0
@heskay ·
Sure I really learnt from that very well.
properties (22)
authorheskay
permlinkre-youngkedar98-202281t154427880z
categoryhive-167922
json_metadata{"tags":["leofinance"],"app":"ecency/3.0.24-vision","format":"markdown+html"}
created2022-08-01 14:44:30
last_update2022-08-01 14:44:30
depth3
children0
last_payout2022-08-08 14:44:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length41
author_reputation81,253,609,298,220
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,339,994
net_rshares0
@hivebuzz ·
Congratulations @youngkedar98! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

<table><tr><td><img src="https://images.hive.blog/60x70/http://hivebuzz.me/@youngkedar98/upvoted.png?202207312358"></td><td>You received more than 1750 upvotes.<br>Your next target is to reach 2000 upvotes.</td></tr>
</table>

<sub>_You can view your badges on [your board](https://hivebuzz.me/@youngkedar98) and compare yourself to others in the [Ranking](https://hivebuzz.me/ranking)_</sub>
<sub>_If you no longer want to receive notifications, reply to this comment with the word_ `STOP`</sub>



**Check out the last post from @hivebuzz:**
<table><tr><td><a href="/hive-122221/@hivebuzz/pum-202208"><img src="https://images.hive.blog/64x128/https://i.imgur.com/M9RD8KS.png"></a></td><td><a href="/hive-122221/@hivebuzz/pum-202208">The 8th edition of the Hive Power Up Month starts today!</a></td></tr><tr><td><a href="/hive-122221/@hivebuzz/pud-202208"><img src="https://images.hive.blog/64x128/https://i.imgur.com/805FIIt.jpg"></a></td><td><a href="/hive-122221/@hivebuzz/pud-202208">Hive Power Up Day - August 1st 2022</a></td></tr></table>
properties (22)
authorhivebuzz
permlinknotify-youngkedar98-20220801t002450
categoryhive-167922
json_metadata{"image":["http://hivebuzz.me/notify.t6.png"]}
created2022-08-01 00:24:51
last_update2022-08-01 00:24:51
depth1
children0
last_payout2022-08-08 00:24:51
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,188
author_reputation368,369,338,170,876
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,322,923
net_rshares0
@jerrythefarmer ·
RE: Being Poor Is Expensive!
I'll just leave this here...

<iframe width="1015" height="761" src="https://www.youtube.com/embed/P3jLufZx3IM" title="Being Broke :)" frameborder="0" allow="accelerometer; autoplay; clipboard-write; encrypted-media; gyroscope; picture-in-picture" allowfullscreen></iframe>


Great post btw.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@jerrythefarmer/re-youngkedar98-298qsp)
properties (22)
authorjerrythefarmer
permlinkre-youngkedar98-298qsp
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@jerrythefarmer/re-youngkedar98-298qsp","links":["https://www.youtube.com/embed/P3jLufZx3IM"],"image":["https://img.youtube.com/vi/P3jLufZx3IM/0.jpg"]}
created2022-08-01 10:54:42
last_update2022-08-01 10:54:42
depth1
children1
last_payout2022-08-08 10:54:42
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length396
author_reputation39,343,886,374,896
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,334,669
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
My, Thank you ;)

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-jerrythefarmer-5ytvdg)
👍  
properties (23)
authoryoungkedar98
permlinkre-jerrythefarmer-5ytvdg
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-jerrythefarmer-5ytvdg"}
created2022-08-01 11:07:27
last_update2022-08-01 11:07:27
depth2
children0
last_payout2022-08-08 11:07:27
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length121
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,335,002
net_rshares6,613,250,554
author_curate_reward""
vote details (1)
@metzli ·
RE: Being Poor Is Expensive!
It sure is expensive to be poor. 

It is expensive to need money fast too. 


Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@metzli/re-youngkedar98-4jvshr)
properties (22)
authormetzli
permlinkre-youngkedar98-4jvshr
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@metzli/re-youngkedar98-4jvshr"}
created2022-08-01 20:13:30
last_update2022-08-01 20:13:30
depth1
children3
last_payout2022-08-08 20:13:30
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length173
author_reputation60,268,391,700,710
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,348,624
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
Lol, that's another way of putting it. Is it also expensive to have money fast? 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-metzli-2eaqqe)
properties (22)
authoryoungkedar98
permlinkre-metzli-2eaqqe
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-metzli-2eaqqe"}
created2022-08-01 20:40:09
last_update2022-08-01 20:40:09
depth2
children2
last_payout2022-08-08 20:40:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length177
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,349,317
net_rshares0
@metzli ·
Yes! 

Here is one example. 

Where I work, you get paid twice per month. Money goes directly into your bank account. 

There is also an option to get paid every night at midnight. Cost? 1% Doesn't seem like much, but add it up throughout the month, and it comes out to a very pretty, amount. 

Who needs the daily payouts? Those of us who are living day to day and need to pay that 1% fee so we can avoid late charges on other stuff. 

properties (22)
authormetzli
permlinkre-youngkedar98-rfypxf
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.07.1"}
created2022-08-02 00:41:39
last_update2022-08-02 00:41:39
depth3
children1
last_payout2022-08-09 00:41:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length437
author_reputation60,268,391,700,710
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,354,819
net_rshares0
@netvalar ·
RE: Being Poor Is Expensive!
Speaking of banks why do they charge a monthly fee on accounts that don't or can't maintain a minimum balance? These are the folks who can least afford a monthly fee hello.

Actually I wanted to comment that I was one of those poor folks who felt they didn't fit into the networking environment on 2 different occasions. It was a tough inner battle to get me to go each week to the social media professional networking event in Seattle. That must have been circa 2009 or 2010. The monthly city of music networking was easier to convince myself to go, however I would drink way too much. Mainly due to feeling I din't fit in.

However all the networking I could and failed to accomplish in those real world networking events were easy online??? I spent a large amount of time back then thinking about that. The conclusion I came to is that those groups online I participated in never really discussed how much we earned. While in both of those real world events the topic of money would come up. Seldom but still was there.

Even knowing those feelings are wrong it is hard to get pass them, possible but very difficult. Both of those helped me immensely with various projects I worked on back then. However if I had more confidence and less feeling of being an outsider I could have got 100% or even 1000% more out of them then I did.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@netvalar/re-youngkedar98-64kkvx)
properties (22)
authornetvalar
permlinkre-youngkedar98-64kkvx
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@netvalar/re-youngkedar98-64kkvx"}
created2022-08-02 08:49:39
last_update2022-08-02 08:49:39
depth1
children0
last_payout2022-08-09 08:49:39
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length1,433
author_reputation115,917,706,872
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,362,624
net_rshares0
@senorcoconut ·
RE: Being Poor Is Expensive!
Yes it costs more to be poor... especially in countries with some sort of social system that helps those making under a specific amount of income.  I have seen too many chose to stay u der that income just so that can keep the free Healthcare and food vouchers coming. 

It's a tough thing g, because in the end we all have a choice, ko matter what card we've been delt. With cars for example, the middle class can afford the car they want instead of one that is just enough to get the job done, jut they do it at a premium through debt. It can be detrimental to building building any kind of wealth, and trust me they also fall prey easily to "get rich qiick" schems.

In the end it's all about mind-set, the poor need to stop thinking they're to stay poor, jut u fortunately like you said the education also comes from whatever is available on hand. 

It's a difficult topic really.

Posted using [LeoFinance Mobile](https://leofinance.io)
properties (22)
authorsenorcoconut
permlinkyes-it-costs-more-to-be-poor-t6836a0fq0sa7d6806yrsek27nq860cb
categoryhive-167922
json_metadata{"app":"LeoFinance/android/1.0.1","format":"markdown"}
created2022-08-02 11:41:12
last_update2022-08-02 11:41:12
depth1
children5
last_payout2022-08-09 11:41:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length941
author_reputation82,459,028,554,183
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd5,000
post_id115,366,093
net_rshares0
@youngkedar98 ·
Yes, at the end of the day it depends on the person's perspective. The first step is educating yourself, in the old days, that was kind of tough. But now with the internet and everything, things have become a little easier. But some folks get tired of the grind and just sit on the bench. 

We're still living in the perception that life should not be hard. That's not true for everybody, some just have to give it their all to make it. Not everyone is willing to do that. 
properties (22)
authoryoungkedar98
permlinkre-senorcoconut-rg03up
categoryhive-167922
json_metadata{"tags":["hive-167922"],"app":"peakd/2022.07.1"}
created2022-08-02 18:40:12
last_update2022-08-02 18:40:12
depth2
children4
last_payout2022-08-09 18:40:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length473
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,376,245
net_rshares0
@senorcoconut ·
RE: RE: Being Poor Is Expensive!
It's tough to get off the bench I think. We probably all go through moments of I security and even laziness... the poor are typically surrounded by people who tell them there's no way out of poverty, so unless someone knows to start with changing their own mindset, they can't even get started!

Posted using [LeoFinance Mobile](https://leofinance.io)
properties (22)
authorsenorcoconut
permlinkits-tough-to-get-off-the-benc-153d0280g848y6483767o321036w8h26
categoryhive-167922
json_metadata{"app":"LeoFinance/android/1.0.1","format":"markdown"}
created2022-08-02 20:50:12
last_update2022-08-02 20:50:12
depth3
children3
last_payout2022-08-09 20:50:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length351
author_reputation82,459,028,554,183
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd5,000
post_id115,379,283
net_rshares0
@taskmaster4450le ·
RE: Being Poor Is Expensive!
That is the great thing about the [Internet](https://leofinance.io/@leoglossary/leoglossary-internet) in general and [Hive](https://leofinance.io/@crypto-guides/what-is-hive-crypto-hive) in particular.  Here nobody knows what your background is so it is all a clean slate.  Simply get active and you will have no problems.

And with how things are going, stacking some [$HIVE](https://leofinance.io/@leoglossary/leoglossary-usdhive) and [$HBD](https://leofinance.io/@crypto-guides/what-are-hive-backed-dollars-hbd) along with some other tokens will mean one will not be poor for long.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@taskmaster4450le/re-youngkedar98-25vcbk)
👍  
properties (23)
authortaskmaster4450le
permlinkre-youngkedar98-25vcbk
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@taskmaster4450le/re-youngkedar98-25vcbk","links":["https://leofinance.io/@leoglossary/leoglossary-internet","https://leofinance.io/@crypto-guides/what-is-hive-crypto-hive","https://leofinance.io/@leoglossary/leoglossary-usdhive","https://leofinance.io/@crypto-guides/what-are-hive-backed-dollars-hbd"]}
created2022-07-31 22:05:15
last_update2022-07-31 22:05:15
depth1
children2
last_payout2022-08-07 22:05:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length691
author_reputation1,748,115,671,467,298
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,320,661
net_rshares6,690,820,886
author_curate_reward""
vote details (1)
@senorcoconut ·
RE: RE: Being Poor Is Expensive!
Yes, Hive has been (and continues to be) great for those who can make it here!  The value stays the same weather you're in the UK or in  Venezuela... so 15 HBD can go a long way depending on where you pive in the world, and how you spend  your money

Posted using [LeoFinance Mobile](https://leofinance.io)
properties (22)
authorsenorcoconut
permlinkyes-hive-has-been-and-contin-a8y7t5knnr47tu0puxdy052ppjp601c8
categoryhive-167922
json_metadata{"app":"LeoFinance/android/1.0.1","format":"markdown"}
created2022-08-02 11:46:09
last_update2022-08-02 11:46:09
depth2
children0
last_payout2022-08-09 11:46:09
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length306
author_reputation82,459,028,554,183
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd5,000
post_id115,366,179
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
That's a great way of looking at things. The <a href="https://leofinance.io/@leoglossary/leoglossary-internet">internet</a> is indiscriminate, simply put in the work and you'll reap the rewards.

<a href="https://leofinance.io/@crypto-guides/what-is-hive-crypto-hive">Hive </a> does provide a lot of opportunities that can help poor people speed up their financial journey. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-taskmaster4450le-6tkvgk)
properties (22)
authoryoungkedar98
permlinkre-taskmaster4450le-6tkvgk
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-taskmaster4450le-6tkvgk","links":["https://leofinance.io/@leoglossary/leoglossary-internet","https://leofinance.io/@crypto-guides/what-is-hive-crypto-hive"]}
created2022-07-31 23:45:15
last_update2022-07-31 23:45:15
depth2
children0
last_payout2022-08-07 23:45:15
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length481
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,322,271
net_rshares0
@uchihanagato ·
RE: Being Poor Is Expensive!
Poor people fall victim of scammers than rich people because they'd often consider a new opportunity to be the next big thing while going extra miles where necessary. The disappointment leaves them much worse than their initial state.

The issue of social exclusion is much worse. They'd often have this inferiority complex which will not allow them express themselves among people with a higher social status, thus missing out on genuine opportunities due to fear of being judged.

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@uchihanagato/re-youngkedar98-7phml3)
properties (22)
authoruchihanagato
permlinkre-youngkedar98-7phml3
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@uchihanagato/re-youngkedar98-7phml3"}
created2022-08-01 09:05:45
last_update2022-08-01 09:05:45
depth1
children1
last_payout2022-08-08 09:05:45
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length584
author_reputation9,605,242,546,408
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,332,761
net_rshares0
@youngkedar98 ·
RE: RE: Being Poor Is Expensive!
Yes, You understand it quite well! There's this feeling of inferiority in social gatherings. I believe it's a mindset that hinges on their growth thinking that they should exclude themselves is not a great way to go about it. 

Perspective is very important. But poor people's perspective always seems to be limited. 

Posted Using [LeoFinance <sup>Beta</sup>](https://leofinance.io/@youngkedar98/re-uchihanagato-uwdze)
properties (22)
authoryoungkedar98
permlinkre-uchihanagato-uwdze
categoryhive-167922
json_metadata{"app":"leofinance/0.2","format":"markdown","tags":["leofinance"],"canonical_url":"https://leofinance.io/@youngkedar98/re-uchihanagato-uwdze"}
created2022-08-01 09:18:12
last_update2022-08-01 09:18:12
depth2
children0
last_payout2022-08-08 09:18:12
cashout_time1969-12-31 23:59:59
total_payout_value0.000 HBD
curator_payout_value0.000 HBD
pending_payout_value0.000 HBD
promoted0.000 HBD
body_length419
author_reputation1,097,758,755,284
root_title"Being Poor Is Expensive!"
beneficiaries[]
max_accepted_payout1,000,000.000 HBD
percent_hbd10,000
post_id115,332,993
net_rshares0