Gratitude.
pull down to refresh
859 sats \ 3 replies \ @k00b 16 Oct 2023
Children
https://snimgs.s3.amazonaws.com/Screenshot+2023-10-16+at+8.37.47+AM.png
https://ourworldindata.org/grapher/children-per-woman-fertility-rate-vs-level-of-prosperity
reply
43 sats \ 2 replies \ @birdeye21 OP 16 Oct 2023
Wow that's a crazy chart
Why is it that kids seem to be so much more expensive/burdensome in more developed places?
reply
194 sats \ 0 replies \ @k00b 16 Oct 2023
It's the opportunity costs I think. When you have no status to lose, no luxuries to miss, there's not much of an opportunity cost.
Opportunity costs are at least what I think starts the trend. After that, it probably mimetically compounds, eg are there even family sitcoms anymore? How many influencers feature children prominently as part of their lives?
Then begins economies of de-scale, where child rearing is more expensive and burdensome because it's uncommon and there's not many social and market forces anticipating children ... and then having children becomes the luxury.
reply
356 sats \ 0 replies \ @ek 16 Oct 2023
I think it's not just that. You just don't need children in more developed places.
In poor countries, children are your pension insurance. And having a lot of them makes sure some might survive to take care of you when you're old.
reply
252 sats \ 2 replies \ @davidw 16 Oct 2023
Humility.
Nothing like money that can feed a man’s ego.
Many will think they are worthy of their success, when many may have just been fortunate. In the right place and right time. Even those that work their ass off to achieve success, may display a lack of humility. Believing the hype and kudos they receive.
Those less fortunate, usually understand that talking down to people gets you nowhere in this world long-term.
reply
1 sat \ 0 replies \ @birdeye21 OP 16 Oct 2023
those who are both rich and humble appreciate and embrace luck
reply
0 sats \ 0 replies \ @TwoLargePizzas 17 Oct 2023
I think this can go both ways. It's true for people who inherited their wealth or got very lucky.
On the other hand, those who worked hard and failed many times before eventually succeeding have a lot of humility because they understand just how hard it is to earn it.
reply
151 sats \ 1 reply \ @Entrep 16 Oct 2023
Community: The poor often have a stronger sense of community than the rich. They may live in close-knit neighborhoods and rely on each other for support. The rich may be more isolated and less connected to their community.
reply
0 sats \ 0 replies \ @birdeye21 OP 16 Oct 2023
I think @k00b's chart says it all
reply
157 sats \ 2 replies \ @satoshi_in_the_classroom 16 Oct 2023
I get the spirit of the question but broad stereotypes don't apply to everyone. Having or lacking wealth isn't an indicator of character.
What matters more, perhaps, is how the person came to, or deals with heir wealth and how they acted before it, if it applies.
reply
0 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
Very true. Nuance isn't dead!!
reply
20 sats \ 0 replies \ @satoshi_in_the_classroom 16 Oct 2023
I like what you're inquiring about though. Wondering if and what are some commonalities...
reply
62 sats \ 1 reply \ @pow 16 Oct 2023
Buying Liabilities instead of Assets
reply
0 sats \ 0 replies \ @birdeye21 OP 16 Oct 2023
big fiat problems
reply
52 sats \ 3 replies \ @WeAreAllSatoshi 16 Oct 2023
Ability to value things
reply
0 sats \ 2 replies \ @birdeye21 OP 16 Oct 2023
maybe the ability to value the right things lol
reply
21 sats \ 0 replies \ @WeAreAllSatoshi 16 Oct 2023
Yea, that’s probably a better way to say it
reply
10 sats \ 0 replies \ @SpaceHodler 17 Oct 2023
But it's the rich that have the ability to value assets, which are the right things.
The poor don't have that ability and that's why they stay poor.
reply
42 sats \ 0 replies \ @grayruby 16 Oct 2023
Not sure but their hamster wheel is the survival hamster wheel, while the rich folks hamster wheel is the "keeping up with the joneses" hamster wheel. So whatever trait not needing to incessantly keep up with your peers and those ahead of you is.
reply
42 sats \ 2 replies \ @cryotosensei 16 Oct 2023
A strong will that has been battle-tested as they must rely on their wits and resourcefulness to get through life’s challenges
reply
10 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
I'd say some rich people had that to get to where they are, others maybe not so much
reply
21 sats \ 0 replies \ @cryotosensei 16 Oct 2023
Well some rich people are born with a silver spoon
reply
31 sats \ 0 replies \ @lunanto 16 Oct 2023
Resilience
reply
21 sats \ 2 replies \ @0245bdaef2 16 Oct 2023
Style
reply
10 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
bro u just wouldnt just get it ur too poor
https://pauseonline.s3.eu-west-2.amazonaws.com/wp-content/uploads/2021/09/2-4.jpg
reply
0 sats \ 0 replies \ @0245bdaef2 17 Oct 2023
Fashion is always for sale but style can never be bought.
reply
0 sats \ 1 reply \ @TwoLargePizzas 17 Oct 2023
Water pressure.
It sounds funny, but I saw this exact same question on Reddit once and a rich guy explained that most wealthy people live in expensive houses on top of hills. No matter how much money they throw at the problem it's difficult to have a proper shower 😂
reply
0 sats \ 0 replies \ @nemo 18 Oct 2023
deleted by author
reply
0 sats \ 0 replies \ @fm 17 Oct 2023
hunger... for a lot of stuff
reply
0 sats \ 0 replies \ @southside263 17 Oct 2023
"stay humble"
reply
0 sats \ 0 replies \ @Tjacten 17 Oct 2023
A brain and willingness to fight.
reply
465 sats \ 2 replies \ @nemo 16 Oct 2023
deleted by author
reply
43 sats \ 0 replies \ @cryotosensei 16 Oct 2023
Lovely read interspersed with her personal experiences and universal takeaways. Thanks for sharing
reply
32 sats \ 0 replies \ @chungkingexpress 16 Oct 2023
This is well written and informative. Lots of respect.
reply
42 sats \ 0 replies \ @fernandoporazzi 16 Oct 2023
deleted by author
reply