In 2020, there were 37.2 million people living in poverty in the United States (approximately 3.3 million more than in 2019). That equates to 11.4% of the country's population.
Brandon L. from New Jersey knows perfectly well what that means. He too grew up poor. And it has affected the man so much that even now when Brandon is a responsible adult, his behaviors are still somewhat formed by his past.
"I think my biggest financial problem is I grew up poor," he tweeted. "So now that I make my own money, I don't know how to budget. I'm always gonna spend the extra penny for quality 'cause I can and I hate the feeling of being limited on what I can do [because] of a price tag."
And he's not the only one. After his honest confession went viral, people began relating to it by sharing some of their own personal struggles, ones that probably wouldn't be there if they just had more when they were little.
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Exactly. We were very poor growing up and I'm still poor now but maybe not as bad as it used to be. I can afford small comforts occasionally... But usually when I go shopping for anything not absolutely needed I will put items in my cart and by the time I get to the register I've put the items back because I talked myself out of it. I don't really NEED it, save that money for an emergency.
Being truly hungry is a kind of pain that is indescribable to people who have never experienced it, and when you know what it feels like you never want to experience it again. You don't just eat when you're hungry - you eat because you know you will be hungry later, and the little voice tells you there might not be food later.
From just window shopping, buying the basics, putting rest of money away til next pay day because you never know, now it’s just nice grabbing what I need with out just having to do that, but hardships teaches you
This is so true! Once I got my first "good" job, I got myself in financial trouble because I could finally have the things I wanted. The problem was, I wanted too many things. I have matured a lot since then and am responsible with money now, but for a few years, I wrecked my credit rating and really messed up my life.
I agree that money comes & money goes AND that ppl/relationships are what make life worth living but it's hard to have ppl in your life & successful relationships without having money. Even a little money makes a HUGE difference... Going out to eat? Sure, I'll come along, want to catch a movie? Absolutely! That stuff can't happen without money.
This is me but I can’t figure out what’s the higher quality! It’s a new world for me so I can’t tell whose actually high qualify and their products will last forever, or whose using it as a marketing ploy. Cloths, furniture, linens, everything.
The Sam Vimes theory of social inequality. A rich man has $200 to spend on a pair of boots that last 20 years and a poor man can only afford a $50 pair that lasts 9 months. After 20 years, the rich man spent $200 and the poor man spent over $1300.
This was written by a well paid doctor. A poor person doesn't have 10% discretionary income to put in a savings account. Poor people pay $375 to borrow $300 for 30 days so they can pay a dentist. They need that $300 because their last $1 went to groceries for the kid and they are still skipping meals to feed the kid.
Im starting to realize I would rather have less stuff now that I’m older. I don’t need all the c**p I have so why spend money on it? I try to spend money on little treats that get used up so I’m not acquiring heaps of random c**p I forget about after a few months that just sits there.
I do this. I buy things I want but always on sale for next to nothing
Wonderful Mindset! I wish I'd done that. I grew up poor too, got made fun of for not having the popular clothes and such. So when I had my son I went overboard. Bought him everything. His first Christmas looked like Toy's 'R Us had exploded in the living room. (Yes, I'm that old). When he got older I worked two jobs sometimes to afford all the newest game systems and the games. 1,000's of dollars. And now that he's grown the memories he talks about are things we did together, not things I bought. To have had that mindset and lived simpler, put extra money into savings for the future and lived within my means. Spent more time at home and less time working for extra money, honestly trying to fill a hole in myself and what I missed out on. If only we could get the chance to do it all again!. Hopefully someone reading these will take it to heart and know that living a life with the things you need and being grateful is so much better than being stressed and feeling like it's not enough.
This is missing it's continuation: "Because they are used to not having much money, they want to take advantage when they do. They often have a “live in the here and now” philosophy because you never know what tomorrow will bring. They are also extremely generous because they want everyone to have a good time"
It’s always safe to assume whatever system paradigm youre in, it’s been created intentionally to f**k you over. Always even the idea of the American dream is a sales pitch. So do the opposite always - never follow Crowds and if you can don’t have children, the ultimate trap. If you have kids you will work until you die that is the set up; they will grow up damaged and will be fed to the system.
My ex didn’t believe in them and we were supposed to live off one salary for the last 20 years and save that for retirement. No one thought he’d want a divorce after I had been at home with the kids for many years (not contributing to Social Security), and his six figure job would be outsourced! So after 24 years of marriage, going through divorce, bankruptcy, foreclosure, and surviving my oldest son’s suicide, I too am totally relying on Social Security. It’s not the worst thing I’ve been through in my life.
Excellent! It's important to see how small amounts of money add up.
Minimum wage jobs don't have 401k plans and you can't put aside 10% when your monthly paycheck is less than rent.
Shoes and jackets and jeans are the only clothing items that my family ever spent "more" on. Some of my jeans are 25+ years old, and look like new because they are quality. I inherited my dads old leather bomber jacket ($700 in 1987 money) 4 years ago, and it's flawless. I have several pairs of 15-20 year old sneakers that are still in rotation. Everything else is thrift store purchases, and in romania that means paying literal pennies for some articles of clothing. My wife and i will spend $30-$50 every month or two hitting thrift stores, and walk out with half a dozen outfits each. We donated about 80% of our wardrobe to Ukrainian charities over the past couple months (where we normally donate the same amount around christmas each year)
One skill developed from years of being poor that always freaks people out..whenever i go grocery shopping, i mentally compute how much i'm spending as i put stuff in my basket, so when i get up to the register, i already have the exact change counted out and put it on the counter before i start packing stuff away. A bonus of doing this, is Romanian prices in stores aren't always updated on the shelves, only in the computer. So any time the bill is more, it's much easier to point out the overpriced item, which they then have to honor the advertised price.
There are so many things where spending more is directly related to quality. Tools, shoes, certain electronics, appliances, various furniture options. Le Creuset cookware, yes you can get something that performs similarly for 1/3rd the price....but Le Creuset has a lifetime guarantee All you have to do is send them a picture of the damaged item, and they will replace it no questions asked, and you don't even have to return the damaged item. There is no hard and fast rule that applies to everything, you actually have to be willing to do the research and honestly assess your needs.
I NEED to spend $20 on a single toy so my child gets at least something for Christmas. It means I don't eat lunches until payday but my child deserves joy. I WANT to pay the $5K I still owe for a medical bill but I only have $20.
they have privileged financial status, so that's more like a counter-example.
If poor people had real-estate to measure would they still be in that category? Im pretty sure poor people rent.
This looks like they just took all the comments from a question and put them on here. Several are actually not from the people who grew up poor but from others giving them advice. What a lazy article.
I wouldn't consider this gallery "... things rich kids would never understand" so much as "financial habits of formerly poor people".
Yeah, nothing here about government cheese wheels, or the fact that all Kool-aid flavors are "colors", my favoite flavor is "purple" by the way. Nothing about wearing your hand me downs from the neighbor becuase their THREE boys are older, not to mention the item started off as their older SISTERS...
Load More Replies...The title here is very misleading. While some of these people, by their own admission, grew up as poor children in poor families and have carried this trauma into adulthood, about a third were either never actually poor themselves, or else the only lesson they took from the experience was the need to squirrel away money now that they have it. And several of these posts are just the financially secure pontificating to the financially desperate on how their whole problem is of their own making, because they and their parents simply didn't know how to manage their entirely adequate incomes - completely ignoring the fact that no amount of financial acumen can make 'Insufficient Income' magically transform into 'Plenty'!
This looks like they just took all the comments from a question and put them on here. Several are actually not from the people who grew up poor but from others giving them advice. What a lazy article.
I wouldn't consider this gallery "... things rich kids would never understand" so much as "financial habits of formerly poor people".
Yeah, nothing here about government cheese wheels, or the fact that all Kool-aid flavors are "colors", my favoite flavor is "purple" by the way. Nothing about wearing your hand me downs from the neighbor becuase their THREE boys are older, not to mention the item started off as their older SISTERS...
Load More Replies...The title here is very misleading. While some of these people, by their own admission, grew up as poor children in poor families and have carried this trauma into adulthood, about a third were either never actually poor themselves, or else the only lesson they took from the experience was the need to squirrel away money now that they have it. And several of these posts are just the financially secure pontificating to the financially desperate on how their whole problem is of their own making, because they and their parents simply didn't know how to manage their entirely adequate incomes - completely ignoring the fact that no amount of financial acumen can make 'Insufficient Income' magically transform into 'Plenty'!
