• jackoneill@lemmy.world
    link
    fedilink
    arrow-up
    32
    arrow-down
    4
    ·
    edit-2
    1 year ago

    Yeah seems like every month there is some random trash article along the lines of “Warren Buffet’s tips to frugal living” with shit like don’t eat out listed…… no it’s because he was the son of a congressman, he won the birth lottery, go fuck yourself for trying to push that bullshit narrative lol

    • KevonLooney@lemm.ee
      link
      fedilink
      arrow-up
      7
      ·
      1 year ago

      Buffett is like the worst person you could use as an example. He routinely says he was set up for success by luck.

      https://www.cnbc.com/2018/05/04/warren-buffett-says-the-key-to-his-success-is-luck.html

      Buffett says, he and Munger won the real-life version of the ovarian lottery and that helped launch them into their immense success. “I mean, Charlie — when we were born the odds were over 30-to-1 against being born in the United States, you know? Just winning that portion of the lottery, enormous plus,” he says.

      He also points out that he and Munger were both born male and white, which gave them further advantages from the start.

      • hangonasecond@lemmy.world
        link
        fedilink
        arrow-up
        4
        ·
        1 year ago

        The point is that there is more than enough wealth in developed economies that, if society was structured differently, everyone would be able to enjoy a luxurious lifestyle (within reason) without having to worry about “cutting back”.

        The people who have the privilege to have more money than they could ever spend did not get there through being “better” than anyone else by most definitions, they got there through privilege - or at least, on the majority of cases.

        Your response is pragmatic given the reality that we live in. It bears to keep in mind though that many, or most, developed economies are currently regressing. Luxuries are becoming more out of reach, not less, for the majority of the population, despite the fact we are more productive than at any point in history.

          • hangonasecond@lemmy.world
            link
            fedilink
            arrow-up
            1
            ·
            1 year ago

            That isn’t the discussion at hand. We are talking about articles framing advice from people who will never want for anything as a panacea for being lower class. Sure, be financially responsible. People like me are tired of being told that financial responsibility will inevitably lead to financial freedom because it just isn’t true.