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castille · Jan 25, 2004, 10:52 am

A recent MX poll (free newspaper found at most train/tram stops) discovered some interesting results about people and money.

The poll asked the question, "If you earned $1 million each year, how would you change your lifestyle?"

The question had multiple choices (summarised due to long length!):

Party Lifestyle: Spend 75-100%, save little to none. Travel, throwing grand parties, new cars/TV/gadgets, etc.
High Spending, Standard Saving: Spend approximately 50-75%, save the rest.
Moderate spending, moderate saving: Maintain moderate lifestyle.
Complete investment: Spend only enough for necessities, and invest everything.

65% chose the Party Lifestyle.
25% chose the High Spending lifestyle.
9% chose the moderate spending lifestyle
1% chose the Complete Investment lifestyle.

Additionally, an article on the UK Independent (8th January 2004, by Andrew Clennell) shows that the average IDEAL lifestyle would cost approximately £2.6 million a year! (thats a lot more in American dollars).

Is there any wonder why Americans are so poor? Why are most people in CREDIT CARD debt? (What is the point of having a credit card when you could pay cash and save on massive interest rates?)

Gee, I really wonder why most people are poor and in debt....

Jan 25, 2004, 10:52 am	#1 (permalink) (top)
castille Citizen #21521 Posts: 2,599	A recent MX poll (free newspaper found at most train/tram stops) discovered some interesting results about people and money. The poll asked the question, "If you earned $1 million each year, how would you change your lifestyle?" The question had multiple choices (summarised due to long length!): Party Lifestyle: Spend 75-100%, save little to none. Travel, throwing grand parties, new cars/TV/gadgets, etc. High Spending, Standard Saving: Spend approximately 50-75%, save the rest. Moderate spending, moderate saving: Maintain moderate lifestyle. Complete investment: Spend only enough for necessities, and invest everything. 65% chose the Party Lifestyle. 25% chose the High Spending lifestyle. 9% chose the moderate spending lifestyle 1% chose the Complete Investment lifestyle. Additionally, an article on the UK Independent (8th January 2004, by Andrew Clennell) shows that the average IDEAL lifestyle would cost approximately £2.6 million a year! (thats a lot more in American dollars). Is there any wonder why Americans are so poor? Why are most people in CREDIT CARD debt? (What is the point of having a credit card when you could pay cash and save on massive interest rates?) Gee, I really wonder why most people are poor and in debt.... Ideological loyalty is the act of giving your soul to a vague concept, to be manipulated by people smarter than you.