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RE:Time to think!
by micheal deren on Jul 10, 2008 02:08 PM

Don't worry about poor people. They also manage to live within their low income. They have very low expenses. It is obvious that a person earning 5k pm will be having expenses lower than 5k. They buy to second grade food items from street corner vegetable walla or Kirana store. They watch DD, so they save cable bill. They dont buy car/home, so any loan amount and interest is saved. They dont use credit card. They travel by public transport that too not for long distance. They live in chal/crowded buliding, full family in one/two small rooms. Their children study in govt school. On medical emergency they go to public hospital,etc etc. So the moral is you can live in whatever income you have but cut down the expense lesser than that. For middle/upper class is really difficult to think about this lifestyle.

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The above message is part of the Discussion Board:
Beating inflation: Increase your income