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21 sats \ 4 replies \ @SimpleStacker 4h \ on: Book Review-Squared: Fixed: Why Personal Finance Is Broken (Bloomberg, Woolley) BooksAndArticles
A reverse Robin Hood dynamic is playing out in the world of personal finance, with the mistakes of the poor lowering costs for the rich
Absolutely. But I wonder if it hasn't always been the case. Is there something new about this dynamic? If the dynamic itself is not new, is there something about modern life that makes it worse?
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67 sats \ 3 replies \ @SpaceHodler 3h
Mistakes of the poor or mistakes of the undisciplined?
Paying off a credit card on time and taking advantage of the zero-interest period is something that the poor can learn too.
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102 sats \ 2 replies \ @SimpleStacker 3h
Being poor and being @Undisciplined are likely highly, highly correlated.
sorry, the nym has just been too good for too many puns today
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67 sats \ 0 replies \ @Undisciplined 3h
In my experience they have been
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0 sats \ 0 replies \ @denlillaapan OP 2h
True... Dude stays poor zapping like he does
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