RE: Trading It All Away by kryptik

hive-167922 · @kryptik · May 23 '23

$0.19

> He who buys what he does not need steals from himself.

I like that.

> What is interesting is that we are heavily influenced to consume, yet it is much, much harder to influence us to save.

I think this might be because the "rush" comes from the things we buy, not the saving itself. It's like delayed conditioning so it's not as effective as other forms of association.

> $55,000 per capita

There is definitely a skew here. I suspect the average salary isn't even that high.

👍 tarazkp

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properties (23)vote details (1)

>I think this might be because the "rush" comes from the things we buy, not the saving itself. Yep - the instant gratification of buying something for $100, is far more satisfying than investing $100 >There is definitely a skew here. Definitely a skew for disposable income. Interestingly though; *The average annual average salary in the U.S. is $60,575. The median annual salary, which is often less skewed by outlying numbers, is $56,420.*

voter	weight	wgt%	rshares	pct	time
tarazkp	0 B		398,450,406,899	6%