Rich People Don’t Care About Your Life When You’re Poor : The Saturday Weekend Review #194

rich-people-dont-care-about-your-life-when-youre-poorTHE THINGS YOU LEARN FROM PEOPLE YOU DON’T WANT TO LEARN FROM CAN BE DRAINING.

 

When you’re successful and rich everyone else around you is either rich, richer or poor. There is no in-between because life-style change if adopted can skew the mind even if rich people were once poor themselves.

It’s easy to get caught up in the luxury of financial security and for some rich people their life revolves around becoming even richer. They didn’t get where they are without hard work unless of course the money was inherited. This is where the term the “Rich run with the Rich” comes from because what are poor people going to teach rich people who they don’t already know, right?

Wrong.

As I sit here typing this with a spoon deep in a jar of peanut butter I can’t help but remember what a gentleman said to me at the park on Thanksgiving Day,”Rich people don’t care about your life when you’re poor.” I couldn’t get the conversation I had with him out of my mind.

I was out with the family on a lovely Autumn day on my day off  and we decided to bring our son to the park. There was a few other people at the park which was nice as our son is very friendly and loves to play with other kids. As I approached the swing with our son an older gentleman was with his grandson and said hello. He had asked me if I lived in the area and I replied, yes.

In the 15 minutes or so that we chatted I learned that he was an investor, lived in the area for about 25 years and that his house had more than tripled in value since purchasing it in the 80’s. He went on to say how this neighbourhood was very posh in the day and still is today as most are rich people with good careers.

Ya, ok whatever dude.

This tall white-haired man was telling me that he knew that most people in our area were rich people with a good job. Cool and he knew this because he got a glance into their bank accounts and knows their financial history.

“Thankfully we don’t see any homeowners who have to rent out their house just to pay a mortgage around here”, he says with a smirk on his face. Ugh, enough you’re hurting my ears and I just want to go bury my head in the leaves. My wife was picking up leaves to stuff in our orange Halloween bags to decorate the front gardens and I really wished it was me taking on that chore.

 

I don’t care if you’re the richest man in the world

 

I already knew I was dealing with one of those rich people that thought their sheet don’t stink. Mr. Successful Millionaire only went on to prove my point when he said that this end of town was pricey where the west end was where most of the poor people went to live.

The west end has mostly older town-houses, smaller houses and low-income housing. No big deal, it’s still a great area with lots of parks, community centres and shops. This was after he asked me how long I’ve lived in Canada and what I did for a living.

Surely he was expecting me to own shares in Microsoft and multiple successful businesses in the Greater Toronto area. After I told him he acted like I was on the same “rich person” level as he was which meant I was cool and  accepted into his circle. That meant I was rich enough for him to talk to me about poor people and what he really felt. I really didn’t give a sheet if he did like me or not but it’s always interesting talking to rich people who think they rule the world.

I kept my calm, nodded my head and played along just to see what this guy was going to come up with next. So, what type of investor are you, I asked him?

I work with rich people who want to invest in the real estate market. Frankly, I don’t care about poor people because they don’t try hard enough to be successful and this is why I stopped trying to work with them.

So, he’s a successful real estate investor.

 

Who are these poor people I thought?

 

Poor people?

Was I poor to him? (Not that I cared what he thought) This conversation tops any of the other outrageous stories I’ve ever heard. Oh just do it, ask him I kept arguing to myself because I want to hear more about what his arrogant you know what had to say.

 

You can work for rich people or be their employer

 

So, who are these poor people you speak about? Do you mean people that are poorer than you?

You know the people who can’t afford to buy a house, live off credit and can’t save a dollar to save their life. Poor people are those who have to save up for months or years to buy something they want. Rich people don’t have to save because the money is already there and they don’t pay much attention to it because it’s always rolling in.

The poor have no drive, no motivation and are useless with numbers. Even the people who settle for a mediocre life need to step up their game. You can’t just work, save money and live happily ever after. You know what I mean right?

Ugh, no but whatever dude.

He keeps rambling on as I’m soaking it all up wondering if I should hit record on the wife’s phone so I would remember the details.

There has to be a want to breathe success or you are simply wasting away time that is very slim for many of us on earth. If you don’t have a million dollars in the bank by the time you are 40 then you’ve done something wrong. I didn’t earn my millions by sitting on my a$$ playing video games, watching Netflix and golfing on the weekends.

Hey, wait a minute I was watching Netflix the other day. That must make me poor and useless then according to his terms and conditions. Darn, just when I thought I was part of the elite gang I’ve been stripped of my title because my bank account isn’t juicy enough. Piss off, and I’d like to know where he came up with this magical number of 40.

Holy crap, was I talking to miserable Donald Trump doppelgänger? Someone rescue me, please.

I replied with my guard up waiting to get stepped on when I asked him if he’d ever been poor?

Hell, no my parents were just as successful if not more than I am. They inspired me and drove me to be the best that I could be. I wanted to become rich from a young age because that’s the life I knew and loved. I don’t want to waste my time hanging around with poor people. Why would anyone want that kind of lifestyle? There’s nothing fun about struggling. I can’t even imagine it. I have no wish to help others who don’t want to help themselves.

Instantly it made me wonder if some parents are too hard on their children and teach them values that are over the top and not realistic. What about being kind? What about understanding? What about sincerity? This guy lacked all of this and I’m betting he doesn’t have much fun in his life either.

His cell phone rang at this point and he was jabbering on about investing to someone and then said that he had to go. At least he was friendly and said that it was nice to meet me and maybe he will run into me some time in the neighbourhood but hopefully not where I work. Haha!! That made sense, in a good way though.

As my wife wandered over she helped me pick my tongue up off the gravel and we briefly talked about what just happened. She could tell by the way I was standing that there was some serious conversation going on. I just wanted to go home and have a cuppa tea and forget about what I had just listened to.

What was sad about the entire situation was the lady I spoke to before I bumped into Mr. Successful Millionaire. She told me what her two sons and daughter did for a living and stressed to me that they were all professionals with great careers. I don’t even know these people and they just starting talking to me wanting to know about my life and telling me all about theirs.

Maybe they don’t get out often enough? Maybe they are just friendly or nosey, who knows.

I really think that we moved into a neighbourhood with some judgemental rich people.

Typically, my financial conversations don’t go down like that because I’m often engaged with people who are struggling with money. Just because you have a job title that many would love to have doesn’t mean you run with the rich people of the land.

 

Don’t raise your children to be dependent on money for happiness.

 

When we got home I said to Mrs. CBB that we really need to figure out this parenting thing a bit better. I don’t want our son to grow up like that guy. We’re not filthy rich but we’re not broke either although we’ve both been through financial struggles growing up with our parents.

Being the finance nerds that we are our son will learn about money and budgeting when he gets a bit older. For now we want to make sure that he understands that being rich and successful doesn’t make you rich at heart.

Related: Are you rich because you are debt free?

Being rich means different numbers in the bank for different people. Someone who has never had savings will claim they are rich if they have $500 in their hands. Others may need more or less but what we can’t change is our feelings towards the way we treat people.

 

Sometimes we forget what we really are

 

I agree that we need to balance our lives with family, entertainment and building a career that we enjoy that allows us to strive to reach for the top. Not everyone craves money to move up the ladder or become a business owner. They may legitimately feel proud about their accomplishments and money is secondary fulfillment out of necessity. That is the way it should be along with a happy outlook on life.

If you are struggling with your finances don’t believe that all rich people act this way. There are many laid back successful people who are happy and willing to help others out. My point is if you treat people with respect no matter who they are  you not only feel good inside but you become successful at being human. You don’t need to live a rich life filled with luxury to be successful. All you need to do is be happy with what you have done.

Remember, no one can make you feel a certain way only you do that to yourself when you give away that power. Smile in the face of those who can’t learn to smile themselves.

Mr.CBB

Have you ever met a rich snobby person? What did they say or how did they talk to you?

 

CBB Insider Weekly

 

This past week was our Canadian Thanksgiving holiday so I had the day off on Monday which was nice because I’m still working 6 days a week until the end of this year. We didn’t go to the relatives for any big dinner or Thanksgiving festivities since I had to work the next day so we created our own family traditions at home.

There was no turkey but I did manage to roast up a gorgeous chicken with lovely roasted potatoes. The wife made creamy mashed cauliflower and Brussel sprouts sautéed with bacon and apple cider vinegar. Dessert was apple squares.

Our son didn’t eat much but we both enjoyed a lovely meal together. After that we played outside in the leaves, went for a walk and we made some ghost lollipops to hand in our hallway for Halloween. You might remember me sharing the idea with you last week on the blog.

Other than that I had an emergency milk clean up in the vehicle as one of our bags was leaking. It may have caught in the shopping cart on the way to the vehicle. I think I’ll bring the vehicle in for a detailing and full clean as I haven’t had that done in couple of years. The cost is about $130 but it’s worth every penny to keep the vehicle in tip-top shape. I’ll also be getting the Krown spray again as usual which has proven essential as the vehicle is now almost 12 years old and not a spot of rust lurking.

So much to get done…. oh and we bought a second-hand Halloween costumer for our son the monkey… $10. My wife also made some extra cash selling her old clothes.

How was your week?

 

Awesome posts I published this week

 

If you have a question that you would like to ask me fill out the Contact Mr.CBB form on the blog home page and I’ll do my best to reply to each question.

If you would like to share a story via a Fan Question please ensure that there is minimum 500 words and lots of details…we love details! Contact me for more info!

Top Post This Week: How to make money fast without going crazy

 

Making a difference (MAD)

 

Making A Difference Canadian Budget Binder MAD

Welcome to the 2016 Making A Difference series! Join the networking movement of Personal Finance Bloggers around the world. If you are a personal finance blogger and would like your blog to be featured simply drop me an email.

I’m currently booking for December 2016/January 2017.

Today it is my pleasure to share with you the personal finance blog, Save with Dan a fellow Canadian blogger.

Hi Mr. CBB and Fans,

I’ve been helping people with their relationship with money for the past 10+ years, and for the last couple of years I’ve been doing it professionally as a Financial Literacy coach. My name is Daniel Trezub and I am the voice behind SaveWithDan.ca (www.savewithdan.ca), nice to meet you all from CBB!

When I first started blogging about personal finances I wanted to share something unique, something that would really add and contribute and make a difference to people’s lives, to people like me. But who was I?

I was a Brazilian guy, newly arrived to Canada (or Montreal, if you wish), trying to figure out how everything I’ve learned about money could fit this crazy and wonderful situation that’s immigration. And boy I’ll tell you: most of the personal finance rules doesn’t apply when you have just arrived in a new country.

This is what I try to focus on my blog: tips and tricks about how to save money in Canada, no matter if you are a Canadian or an expat. General personal finance tips are an added and inevitable bonus 😉

At first I found a strong resistance from the Canadian Brazilian community, because talking money is a big taboo back home. However, since I was writing in English, I’ve soon found my tribe of other PF writers (including Mr. CBB and several others already featured here) and I could pursue my goal without feeling like an ugly duck! What goal? Helping people like I wanted to be helped when I first arrived here.

In the last few months I’ve been focusing on building my coaching business, but now I am back to blogging. Why? Because I miss it! I miss the sense of community and the feeling of being helpful to a larger audience! And being part of the MAD from Mr. CBB is a perfect example of what I miss 😉

So if you want to know a bit about financial basics with a foreign accent, grab a coffee and be my guest!

Dan

 

Reader Budget Brags

 

salisbury-house-free-meal

I created this spot to showcase reader enthusiasm for saving money. Send me your Budget Brag and you will automatically be entered into a yearly draw for a surprise gift card. Open to Canada and USA residents. email: canadianbudgetbinder@yahoo.ca

Hi Mr. CBB and Readers,

This is my great brag for the week.

We were out shopping Tuesday this week and a lovely lady asked if we would like to come to Salisbury house for a free meal!  Yes okay we said, not looking at the flyer thinking yeah right. After a close inspection of the flyer and speaking to a sales person in the shop we were amazed, yes it was true.

They are opening up a new restaurant here in Steinbach and wanted to help staff get organized for what would be a busy and popular place to eat. Needless to say we took them up on their offer and arrived promptly at 10:20 am and were allowed to order anything off the menu.

After the three of us had 3 cups of coffee each, a breakfast meat skillet, eggs Benedict, blueberry pancakes with bacon, and finally two lemon meringue pies we were totally stuffed. We did take the pieces of pie home. Oh yeah what would have cost nearly $70 for the three of us was totally free!

Thanks Salisbury House!

Nicola Don.

 

Spotlight on Finance

 

monthly-payments-a-way-of-life

I’m a firm believer that if you can’t afford to pay cash then you can’t afford to buy it. Some people get in over their heads when they can’t afford something and they turn to credit to make a purchase that they typically don’t need.

You have to ask yourself how much of an emergency is what you need to buy or can it wait until you save up the money. An emergency savings fund will bring peace of mind to just about anyone and why I encourage my readers to start saving at least 6 months of expenses where they are easily accessible.

The buy now pay later scheme can get you into hot water just as easily as buying a house that’s over budget or a vehicle that is way over the top. Think about your purchases and whether you can afford them tomorrow if you were to lose your job or something would happen.  Your best bet is to save up and pay cash.

 

Editor’s Choice

 

Candice over at Young Yet Wise has some wise words for her readers who think they need money advice, they don’t. That’s right, You don’t need money advice. Everything you need to know about money you already know, she says. If that’s the case then why aren’t some people getting it right?

You’d be amazed how many people don’t understand finance and want the help. They may understand that they shouldn’t be spending all of their money but they don’t understand the power of saving, the power of budgeting and why it’s so critical if they want to become debt free. There is a difference between what you know and understanding how to go about getting it done and then executing it. She does say one thing that I’ve said many times before that just about any serious personal finance blogger will say-

This isn’t  a plea of me begging you to get your money right. Because whether you do or don’t, I will be here getting my money right.

Interesting post, enjoy.

Mr.CBB

 

Frugal Recipe Pick

 

no-bake-mini-pumpkin-cheesecakesFood is a big part of any budget and a struggle for many which is why it has been important for me to create frugal recipes for my fans.

I have a second Facebook page called The Free Recipe Depot where I exclusively share recipes from Food Bloggers around the world.

Check out the Free Recipe Index on CBB compiled of frugal recipes that are 100% tested and accepted by family and friends!

This week I stopped by the blog “A Family Feast” and found this wonderful recipe for Mini No-Bake Pumpkin Cheesecakes that looks delicious.

What I love about this recipe is that it takes no time at all to make, individual serving size and it’s frugal.

You don’t have to spend a fortune to enjoy something delectable and this proves it.

This is perfect for Thanksgiving dinner dessert or to fulfill your inner pumpkin spice addiction.

 

Cool Pinterest Find

 

spider-web-diy-halloween-yarn

Over at the blog Crafty Lumberjacks for under $3.00 Dennis and Andrew created this awesome Spider Web for Halloween out of yarn. It’s a brilliant idea especially for the frugal-minded folks like all of us.

 

Google Search Giggles

 

Always begin and end your day with a SMILE!- Mr.CBB

Every week I get thousands of people visit Canadian Budget Binder because they did a search online and found my blog.

Most times funny, Sometimes serious.

  • Go into Walmart, Throw stuff in Trash, Get it our Later– Holy crap did I just read that right?
  • Husband won’t get a job– Now that really sucks for your finances.
  • Good evening romantic read– Haha, ya that’s this blog. So much love going on here!

That’s all the fun for this week, thanks for dropping by and we’ll see ya all again next Saturday!

Mr.CBB

Don’t forget to Follow me on Social Media and Subscribe to the blog!

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Mr. CBB
Mr. CBB was born and raised in the United Kingdom who then moved to Canada where he is a permanent resident. He recently became a father to a very busy toddler who allows him to be a kid at heart. He bought his first house at the age of 21 after University and his second at the age of 24. Both Mr.CBB and his wife are Debt and Mortgage Free and they did it all in under 5 years using a Budget. Canadian Budget Binder is a place where he shares their financial experiences with his readers and hopes to learn about theirs. Welcome to CBB!
Mr. CBB
Mr. CBB

Comments

  1. MichelleBB says:

    Thank you for reminding me why we moved out or Toronto to Ottawa last year! So sick of the arrogant better than everyone types that populated our midtown neighbourhood. In our new city I get to have real conversations with people without their heads up their behinds. It’s just one extra refreshing bonus!

  2. Honestly he sounded like he was insecure. Do you think Bill Gates walks around bragging about the neighborhood he lives in?

    I am a big fan of stealth wealth that way people don’t judge you based on how much money you have but on what you actually bring to the table as a person.

    Sorry to hear about your disappointing interaction with this individual.

  3. Amazing read as always! Thanks for featuring me, Mr. CBB!
    One think I always have is “what’s other people’s definition of being rich?” and the answers for this question are always amusing 🙂

    • Thanks mate for saving the day…. I guess we really did Save With Dan today didn’t we? Haha!!! I hope you can I can work together in the future. Mr.CBB

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