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25 years old and deep in debt

Started by CountDeMoney, September 10, 2012, 10:43:12 PM

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Admiral Yi


crazy canuck

Quote from: Admiral Yi on June 21, 2013, 03:25:00 PM
I propose "low income."

Meh, my kids are low income.  But they have a standard of living and quality of life within the top percentiles of Canadian society.  Kind of like the way Malthus grew up. :P

DGuller

Obviously this begs for a poll.  Coincidentally, one has just been set up to answer this captivating question once and for all.

Malthus

Quote from: crazy canuck on June 21, 2013, 03:27:51 PM
Quote from: Admiral Yi on June 21, 2013, 03:25:00 PM
I propose "low income."

Meh, my kids are low income.  But they have a standard of living and quality of life within the top percentiles of Canadian society.  Kind of like the way Malthus grew up. :P

In short, I can't be "poor" and I can't be "low income".

Any suggestions for what I could use to describe myself when I was in that situation?  :hmm:
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

Jacob

"Temporarily short of funds"?
"Finding yourself"?

DGuller


Caliga

0 Ed Anger Disapproval Points

Admiral Yi

Quote from: crazy canuck on June 21, 2013, 03:27:51 PM
Meh, my kids are low income.  But they have a standard of living and quality of life within the top percentiles of Canadian society.  Kind of like the way Malthus grew up. :P

We're talking specificially about the four years between undergrad and law school, during which Malthus established an independent household and paid all his living expenses.

Jacob


Admiral Yi


Jacob

Quote from: Admiral Yi on June 21, 2013, 03:40:11 PMThat usually means you're loaded.

I think it get applied more indiscriminately than that. Possibly because the people who like to use the phrase are poor at distinguishing between bohemians from well off backgrounds with money, and bohemians from well off backgrounds without money.

Malthus

Quote from: Jacob on June 21, 2013, 03:38:25 PM
"Bourgeois Bohemian"?

Heh, someone calling themselves that, I'd imagine they'd have cash and to spare - and be really stylish about it, to boot.  :D
The object of life is not to be on the side of the majority, but to escape finding oneself in the ranks of the insane—Marcus Aurelius

MadImmortalMan

Low income does not make one poor. Spending and a lack of assets does.
"Stability is destabilizing." --Hyman Minsky

"Complacency can be a self-denying prophecy."
"We have nothing to fear but lack of fear itself." --Larry Summers

Jacob

Quote from: Malthus on June 21, 2013, 03:43:27 PM
Quote from: Jacob on June 21, 2013, 03:38:25 PM
"Bourgeois Bohemian"?

Heh, someone calling themselves that, I'd imagine they'd have cash and to spare - and be really stylish about it, to boot.  :D

Yeah... though I don't most people call themselves that; I reckon it's more of a disparaging term. Much like hipster.

Also, I have no doubt you were stylish back then.

Admiral Yi

Quote from: Jacob on June 21, 2013, 03:43:03 PM
I think it get applied more indiscriminately than that. Possibly because the people who like to use the phrase are poor at distinguishing between bohemians from well off backgrounds with money, and bohemians from well off backgrounds without money.

It's a term of the literati, not the gammas.  People very adept at ascertaining income.