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TwinEclipse
Psychedelic Alchemist


Registered: 07/06/13
Posts: 1,499
Loc: NGC1097
Last seen: 8 years, 6 months
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Re: 76% of Americans live paycheck to paycheck [Re: memes]
#18829048 - 09/11/13 05:55 PM (10 years, 5 months ago) |
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I COULD open up a savings account and save a % of my school check. However, I like to have fun as well.
Nothing like predetermining how much you are gonna spend each semester, including your weed money. I gotta have a 30% separated just in case. I'll usually spend it when I go out with friends 
Summertime is when money is real tight though summer school isn't covered either(need more $ for books)
I'm just happy gas isn't over 4$ a gallon. My school is kinda far lol
-------------------- My purpose: to love, to share, and to experience....all while conforming to my psychedelic experiences.
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Bodhi of Ankou
*alternate opinion blocks path*


Registered: 06/02/09
Posts: 24,778
Loc: Soviet Canukistan
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Re: 76% of Americans live paycheck to paycheck [Re: luvdemshrooms]
#18829049 - 09/11/13 05:55 PM (10 years, 5 months ago) |
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In isolated cases, you speak of it as if its the natural response of all business's. Its not.
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twighead
mͯó



Registered: 08/27/08
Posts: 29,734
Loc: Glenn Gould's Fuck Windmill
Last seen: 12 hours, 1 minute
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Re: 76% of Americans live paycheck to paycheck [Re: TwinEclipse] 1
#18829053 - 09/11/13 05:57 PM (10 years, 5 months ago) |
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Quote:
TwinEclipse said: I COULD open up a savings account and save a % of my school check. However, I like to have fun as well.
Nothing like predetermining how much you are gonna spend each semester, including your weed money.
Summertime is when money is real tight though summer school isn't covered either(need more $ for books)
Part of it - is probably attributed to the fact that money in savings accounts right now depreciates faster than inflation rate.
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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Re: 76% of Americans live paycheck to paycheck [Re: qman]
#18829056 - 09/11/13 05:59 PM (10 years, 5 months ago) |
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Quote:
qman said:
You aren't any advocate to the economically disadvantaged, you're a big hypocrite.
i'd love for you to quote where i claimed to be such an advocate.
i know you can't, though.
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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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Re: 76% of Americans live paycheck to paycheck [Re: Bodhi of Ankou]
#18829058 - 09/11/13 06:00 PM (10 years, 5 months ago) |
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If you say so. I've been around for quite some time now. I've been involved in business for quite some time. Do you now or have you previously owned a business? Have you been a member in a business group? Are you speaking from experience?
You may find the rare person who sucks up increases in his costs. I have not.
-------------------- You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers
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Bodhi of Ankou
*alternate opinion blocks path*


Registered: 06/02/09
Posts: 24,778
Loc: Soviet Canukistan
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Re: 76% of Americans live paycheck to paycheck [Re: luvdemshrooms]
#18829071 - 09/11/13 06:05 PM (10 years, 5 months ago) |
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Whether or not I've been personally involved in business makes no difference. I dont need a stake in any particular company to be able to make observations on the prices of goods. Rises are only ever sporadically correlated to min wage increases.
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: 76% of Americans live paycheck to paycheck [Re: Bodhi of Ankou]
#18829080 - 09/11/13 06:07 PM (10 years, 5 months ago) |
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Quote:
luvdemshrooms said: If you say so. I've been around for quite some time now. I've been involved in business for quite some time. Do you now or have you previously owned a business? Have you been a member in a business group? Are you speaking from experience?
You may find the rare person who sucks up increases in his costs. I have not.
If you have direct competition (locally if you are a brick and mortar, or globally if you are online) to keep your prices low, and your competition does not experience the same cost increase for some reason, then you will suck up the increase. Other than that, you are probably right.
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: 76% of Americans live paycheck to paycheck [Re: Schmendrick]
#18829094 - 09/11/13 06:09 PM (10 years, 5 months ago) |
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No, you will go out of business. It happens all the time
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rew736
Your local stranger



Registered: 12/17/12
Posts: 1,145
Loc: New York, United States
Last seen: 3 years, 3 months
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Re: 76% of Americans live paycheck to paycheck [Re: luvdemshrooms]
#18829103 - 09/11/13 06:11 PM (10 years, 5 months ago) |
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I will at some point add to this thread, but I am really busy now, so carry on!!
Also, if minimum wage increases, then there is more money in the pocket of the employee. If everyone made more, than the money would be worth less thus business (among others) would want more $/ item. This is the very definition of inflation. Prices go up because of a falling of the purchase value of money. I may not have a degree in economics, but this seems rather simple. If McDonalds workers get 15$/hr, than (a)all the people who have jobs where they do 15$ WORTH of work, will quit and go flip burgers, for the same wages (b) McDonalds would (either by will or obligatorily) raise prices. Perhaps there are other implications I am not aware of, but when you pay someone more than their work is worth, that leads to problems, no?
-------------------- My trade list malicom said: "Banana's emit radiation. In fact banannas are the standard in detecting solar radiation. The radiation read from a bananna tells scientists how active the sun was during the growing season. Make sure to steer clear of bananas too." seekaytea said: "I need to stop spending all my money on plants and take up a cheaper hobby, like heroin." Wiccan_Seeker said: "Your knowledge on male-on-male rape and willingness to engage in fantasy regarding the matter is commendable." eminemvs.slimshady said: "I want to know if they are active and magic or not. And if they are not active, can i pick them before they are active and then they will become active or do they have to grow till they activate?"
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: 76% of Americans live paycheck to paycheck [Re: zappaisgod]
#18829111 - 09/11/13 06:11 PM (10 years, 5 months ago) |
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Quote:
zappaisgod said: No, you will go out of business. It happens all the time
Depends on how tight your profit margin is.
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luvdemshrooms
Two inch dick..but it spins!?


Registered: 11/29/01
Posts: 34,247
Loc: Lost In Space
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Re: 76% of Americans live paycheck to paycheck [Re: Bodhi of Ankou]
#18829117 - 09/11/13 06:13 PM (10 years, 5 months ago) |
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Quote:
Bodhi of Ankou said: Whether or not I've been personally involved in business makes no difference. I dont need a stake in any particular company to be able to make observations on the prices of goods. Rises are only ever sporadically correlated to min wage increases.
It would speak to your experience from the business owners side. I'll take your answer as a no.
I don't know if one of your goals is to be in business for yourself. I suspect you'd sing a different tune if you ever are.
Look at it as a tip. Pass your increases on if you wish to remain in business.
-------------------- You cannot legislate the poor into prosperity by legislating the wealthy out of prosperity. What one person receives without working for another person must work for without receiving. The government cannot give to anybody anything that the government does not first take from somebody else. When half of the people get the idea that they do not have to work because the other half is going to take care of them and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for that my dear friend is the beginning of the end of any nation. You cannot multiply wealth by dividing it. ~ Adrian Rogers
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rew736
Your local stranger



Registered: 12/17/12
Posts: 1,145
Loc: New York, United States
Last seen: 3 years, 3 months
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Re: 76% of Americans live paycheck to paycheck [Re: luvdemshrooms]
#18829140 - 09/11/13 06:19 PM (10 years, 5 months ago) |
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brick and mortar stores usually have slim(er) profit margins because they need to maintain the store. Nobody cares if a warehouse is dirty, but a store where things need to be cleaned and salespeople staffed and property taxes and others must be paid, it really cuts in.
-------------------- My trade list malicom said: "Banana's emit radiation. In fact banannas are the standard in detecting solar radiation. The radiation read from a bananna tells scientists how active the sun was during the growing season. Make sure to steer clear of bananas too." seekaytea said: "I need to stop spending all my money on plants and take up a cheaper hobby, like heroin." Wiccan_Seeker said: "Your knowledge on male-on-male rape and willingness to engage in fantasy regarding the matter is commendable." eminemvs.slimshady said: "I want to know if they are active and magic or not. And if they are not active, can i pick them before they are active and then they will become active or do they have to grow till they activate?"
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: 76% of Americans live paycheck to paycheck [Re: Schmendrick]
#18829141 - 09/11/13 06:19 PM (10 years, 5 months ago) |
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Quote:
Schmendrick said:
Quote:
zappaisgod said: No, you will go out of business. It happens all the time
Depends on how tight your profit margin is.
Do you have any idea what the profit margin is in most businesses that employ minimum wage losers? It aint shit.
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: 76% of Americans live paycheck to paycheck [Re: zappaisgod]
#18829170 - 09/11/13 06:26 PM (10 years, 5 months ago) |
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Quote:
zappaisgod said:
Quote:
Schmendrick said:
Quote:
zappaisgod said: No, you will go out of business. It happens all the time
Depends on how tight your profit margin is.
Do you have any idea what the profit margin is in most businesses that employ minimum wage losers? It aint shit.
I thought we were talking about business in general. I would never be stupid enough to run a business that required minimum wage labor unless it was a major franchise with lots of corporate backing like McDonalds or something... anything else is living dangerously; The smallest change in your market could put you out of business in no time flat. That seems like a really stressful way to live, and I don't like stress.
If your product is in so little demand that you cannot afford to pay a living wage to your employees, perhaps you should consider a different line of business.
Edited by Schmendrick (09/11/13 06:27 PM)
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memes
Blessed



Registered: 01/11/05
Posts: 27,785
Loc: In a Tree
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Re: 76% of Americans live paycheck to paycheck [Re: Schmendrick] 1
#18829174 - 09/11/13 06:27 PM (10 years, 5 months ago) |
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Quote:
Schmendrick said: If your product is in so little demand that you cannot afford to pay a living wage to your employees, perhaps you should consider a different line of business.
or maybe your employees should consider a different employer
Edited by memes (09/11/13 08:11 PM)
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zappaisgod
horrid asshole


Registered: 02/11/04
Posts: 81,741
Loc: Fractallife's gym
Last seen: 7 years, 8 months
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Re: 76% of Americans live paycheck to paycheck [Re: Schmendrick]
#18829189 - 09/11/13 06:29 PM (10 years, 5 months ago) |
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Quote:
Schmendrick said:
Quote:
zappaisgod said:
Quote:
Schmendrick said:
Quote:
zappaisgod said: No, you will go out of business. It happens all the time
Depends on how tight your profit margin is.
Do you have any idea what the profit margin is in most businesses that employ minimum wage losers? It aint shit.
I thought we were talking about business in general. I would never be stupid enough to run a business that required minimum wage labor unless it was a major franchise with lots of corporate backing like McDonalds or something... anything else is living dangerously; The smallest change in your market could put you out of business in no time flat. That seems like a really stressful way to live, and I don't like stress.
If your product is in so little demand that you cannot afford to pay a living wage to your employees, perhaps you should consider a different line of business.
Oh so those people with the minimum wage jobs should be living in your mom's basement with you after their employer fucks off?
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Magicman69
All About the Benjamins



Registered: 05/29/13
Posts: 6,876
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Re: 76% of Americans live paycheck to paycheck [Re: zappaisgod]
#18829212 - 09/11/13 06:35 PM (10 years, 5 months ago) |
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This statistic is kind of misleading because you could be making a million dollars a year and still be living paycheck to paycheck because you don't manage your money wisely. A lot of times the guy who goes and spends 50 k on a car, really can barely or cant afford it.
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loco801
The lone ranger


Registered: 09/21/08
Posts: 991
Loc: NW Washington
Last seen: 2 months, 1 day
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Re: 76% of Americans live paycheck to paycheck [Re: Magicman69] 1
#18829230 - 09/11/13 06:38 PM (10 years, 5 months ago) |
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What about all the people on food stamps? I knew this bitch that got pregnant from not using condoms then she got most of her hospital bills paid for by lying about how much her parents made. Now she gets tons of food stamps because she claims she lives with her aunt. Oh and she dropped out of high school. This is trash.
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Species found: P. azurescens P. cyanescens P. semilanceata P. pelliculosa P. stuntzii G. luteofolius Pan. cinctulus
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Schmendrick
Last of the Red Hot Swamis



Registered: 08/04/13
Posts: 682
Loc: HagsCrag, TLU
Last seen: 9 years, 4 months
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Re: 76% of Americans live paycheck to paycheck [Re: zappaisgod]
#18829239 - 09/11/13 06:41 PM (10 years, 5 months ago) |
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Quote:
Quote:
I thought we were talking about business in general. I would never be stupid enough to run a business that required minimum wage labor unless it was a major franchise with lots of corporate backing like McDonalds or something... anything else is living dangerously; The smallest change in your market could put you out of business in no time flat. That seems like a really stressful way to live, and I don't like stress.
If your product is in so little demand that you cannot afford to pay a living wage to your employees, perhaps you should consider a different line of business.
Oh so those people with the minimum wage jobs should be living in your mom's basement with you after their employer fucks off?
No, there should be businesses who employ unskilled, minimum wage employees. I am just stating that I would never do it. The turnover rate is high, the stress level is high, you don't know if you are still going to be in business next week, let alone next month. Not my cup of tea.
I am self employed, 33 years old and supporting 5 kids (two from a previous marriage) on my income, so regarding your comment about my moms basement, yeah.... you can just fuck off entirely with that shit, m'kaaay?
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rew736
Your local stranger



Registered: 12/17/12
Posts: 1,145
Loc: New York, United States
Last seen: 3 years, 3 months
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Re: 76% of Americans live paycheck to paycheck [Re: Schmendrick]
#18829246 - 09/11/13 06:42 PM (10 years, 5 months ago) |
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I feel this thread is inching toward flame war like bashing...
-------------------- My trade list malicom said: "Banana's emit radiation. In fact banannas are the standard in detecting solar radiation. The radiation read from a bananna tells scientists how active the sun was during the growing season. Make sure to steer clear of bananas too." seekaytea said: "I need to stop spending all my money on plants and take up a cheaper hobby, like heroin." Wiccan_Seeker said: "Your knowledge on male-on-male rape and willingness to engage in fantasy regarding the matter is commendable." eminemvs.slimshady said: "I want to know if they are active and magic or not. And if they are not active, can i pick them before they are active and then they will become active or do they have to grow till they activate?"
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