"As common-sense as this seems to me, experience tells me that across this country people are living beyond their means. The national debt doesn’t concern me much. It’s individual debt that I find so confounding."and:
"I don't understand young people who say 'I can't afford health insurance'."I don't know how much of that is directly from the men themselves and how much is the interviewer or editor shaping things to make them look more clueless than they'd have chosen, so I'll refrain from getting all "you REALLY can't understand that some people's poverty is non-optional?" about it, but, yeah, interesting all the same. Then again, I suppose "I live off $[small-amount] a year with my three children in an inner-city ghetto, and God this is not how life should be" wouldn't have made it to the lifestyle section.
I really admire $20,000-a-year man's ability to not worry about where the next month's rent is coming from. I lived off around £10,000 a year for half my twenties (like him, through choice more than necessity - I was doing a PhD and trying to get an academic job afterwards) and money was a horrible gnawing void of worry the whole time.I'm pretty sure this guy doesn't have to stay up nights worrying, because he's fully insured by the Bank of Mom and Dad.
The second and more important aspect is the $7,000/year. The Wheaton Eco-scale explains this in a brilliant way. Consider people living at different budgets, e.g. $100k, $80k, $60k, $50k, $40k, $30k $20k, $15k, $10k, $7.5k, $5k, $2.5, $1k, and $0k. Now, what Wheaton observes is that people who spend one or two levels below you are inspiring to you in terms of budget reductions. People who spend three levels below you are slightly nutty and people who spend four or more levels below your level are crazy or downright extreme. This holds no matter where you are. If you spend 60k, then 50k and 40k is inspiring, 30k is nutty and 20k is crazy. If you spend 30k, then 20k and 15k is inspiring, 10k is nutty, and 7.5k is crazy. Conversely, people who spend a couple of levels above you are considered prodigal and wasteful.And this is probably why we see articles venerating frugality on the scale of $10,000 to $20,000 a year, but no glowing analyses of how smart and frugal the folks in Uganda who live on less than $365/year are. And why a lot of people think that $250,000 a year isn't wealthy (despite only about 2% making that much). And how rich people are happier than poor people, but only if they aren't surrounded by other rich people to compare themselves to.
And this guy lives of $7000, in an RV, and isn't single (though he too lacks dependents and debt).He also lacks pre-existing health conditions, which allows him to claim to have health insurance while relying on a plan that would not work for anyone who needs regular medical care. He has free live-in domestic labor: his wife, who unlike him has a full-time job, does all the cooking, for which he doesn't pay her, although he does brag about how much money he saves by not eating out. He pays half the cost of maintaining his wife's car, but he's coy about whether he contributed to the cost of actually purchasing the car. I'm guessing he's not factoring the car to which he has unlimited access into his $7000 a year. He pays $425 a month in rent, which is super, super low and is only possible because he owns an RV. I'm guessing the RV was a pretty big investment, which he made when he had a $70,000 a year job.
posted by tremendo at 6:41 AM on October 22, 2011 [4 favorites]I'm an avid investor. I guard my nest egg like crowned jewels.
Why are people so angry about this?Well, because of things like this:
Do you have health insurance?Well, see, a high deductible plan is only smart if you can pay the deductible. And nobody is going to sell me any plan for $80 a month, because I've got a preexisting condition.
Yes. I'm self-employed so I purchase my own plan. I have a high-deductible plan and pay $80 per month. It would be even cheaper if I was 28. I don't understand young people who say, "I can't afford health insurance." Last year, my appendix ruptured, and the insurance was a life-saver. I learned my lesson.
You can live in a tiny house and make it work, and you can live in a converted school bus and make it work, or live off the land like a pioneer, and you can live a great life, but most of these things, just like being a cubicle farming government contract drone, rewrite your life to suit those rhythms.Your post overall was quite well-thought out and definitely enjoyed reading it. This sentance specifically speaks volumes and for me was the key point. We have slight control over which direction we choose (tiny house, RV, pioneer, drone) however that is the extent of the control.
Neither of these guys advocate this is how people *should* live, they talk about how they are making it work for themselves.Well, the $11,000-a-year-guy says that he maintains his blog "to spread my message of happiness through simplifying," so I think he's advocating something. And presumably his piece was posted on Yahoo's personal finance site for a reason, because that's generally the part of the site where they dispense financial advice. He's also the person who says that he doesn't understand young people who say they can't afford health insurance, which sounds like a value judgment to me.
The unprivileged person [eventually] lashes out with insulting remarks, this method being his usual method of settling arguments. [...] [Mine] is not a blog/book that can help the unprivileged build resources. Most of them would not read nor maybe even be able to read it in the first place—JacobThat post started off a bit rocky, then I was with him when he discussed the important difference between a privileged person who chooses frugality and an unprivileged person who is forced into it. Then I got to the parts I quote above.
i realise it's not one of your valued "what stupid piece of crap for my kitchen should i waste money on today because i can't cook for shit but boy i know how to use my credit card like a pro?" questions, but it still has a valid answer.Also, MetaFilter hated Freegans too....
Are there any stories of thrifty ladies living large on little?Oh god, yes. There are zillions of thrifty mom blogs out there. They just tend to depict thrift as an aspect of domesticity, not as a heroic manly quest.
If I lived alone in an RV, I would be in constant fear for my safety.I don't know whether I would be or not, but I do know that Morrissette's life sounds really lonely to me. I assume that a pretty small percentage of the population, of whatever gender, would want a life that is predicated on having nothing and nobody tying you to a particular place. I mean, Joseph Fonseca sounds fairly lonely, too, but at least he stays put for long enough to establish some sort of human connections.
You have a rich fantasy going on there that appears entirely untainted by anything so mundane as the reality of being male. You are obviously unaware that street violence is overwhelmingly more likely to claim men than women as victims.—rogerdSo, I take it that you're normally afraid for your safety whenever you walk around at night, whatever the neighborhood? Feel free to be honest.
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posted by Jawn at 1:56 AM on October 22, 2011 [5 favorites]