• ExLisper@lemmy.curiana.net
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    1 day ago

    You don’t have to be very rich but you definitely need to have some personal savings to invest like that. 40% of Americans don’t have enough savings to pay for a $1000 emergency. 23% had to use savings to pay for holiday expanses. I bet it’s not much different in Europe. A lot of people can’t afford any extra expenses.

    • BlueOysterCultist@lemmy.zip
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      1 day ago

      I just take issue with the word “rich”

      Like all those people are poor, primarily as a result of the politicians and corporate greed. I ain’t rich but I’m luckily far from that 40% grouping. I’d probably be grouped as the elusive middle class

      • ExLisper@lemmy.curiana.net
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        1 day ago

        It’s all relative, right? What I meant is that most people that can afford solar panels don’t struggle with electricity bills. It’s a smart investment for them, not a life saving one. People that actually need it can’t afford it.

        Ben Folds had a song about it. Something about getting free coffee once he was rich. No one gives poor people nice things. The richer you are the more things you get for free.

        • BlueOysterCultist@lemmy.zip
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          15 hours ago

          Gotcha, that makes sense

          It’s like that anecdote about the $50 shoes breaking down within a year vs the $150 shoes that last forever

      • krisevol@lemmus.org
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        1 day ago

        The middle class isn’t elusive it’s house rare these day’s. Middle-class household are usually doctors, lawyers, scientists, or small business owners. That makes a pretty small percentage of the population. Middle class in America is 200-400k a year as a household. Only 10% of us household make that money.

          • krisevol@lemmus.org
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            1 day ago

            the middle class is the class between the working class the and ruling class. It’s the defining class that emergences when a country starts to progress. People in this class are usually masters of their field or biasness owners.

    • RogueBanana@piefed.zip
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      1 day ago

      That’s why I mentioned if you can get some. Just because some can’t get it, doesnt mean no one should consider it right?