Someone Explains Why The Rich Keep Getting Richer And Why Being Poor Is Expensive By Telling A "Boots" Story And Everyone Is Amazed By The Accuracy
A significant number of individuals who are poor understand one unavoidable reality about their circumstances: being poor is expensive.
In today’s world, a significant number of individuals who are poor understand one unavoidable reality about their circumstances: being poor is expensive. While this statement may seem surprising at first, it becomes clear upon deeper reflection. Compared to those who are affluent, poorer individuals often find themselves spending more just to make ends meet. As financial expert Suze Orman states, "When you’re poor, every dollar counts, and you often pay more for basic needs." This observation highlights the systemic issues that contribute to the financial burdens faced by low-income families. Orman emphasizes that the rich tend to have access to resources and opportunities that allow them to save money, further widening the gap. Her insights remind us that the economic divide is not merely a matter of individual choices but is deeply rooted in societal structures.
Continue scrolling to read the story in full.
Terry Pratchett's story about two sets of boots clarifies how the rich get richer and the poor get poorer
Elvert Barnes (not the actual photo)A rich man would go for the best items that are original and could last him a long time, while a poor man would go for what he could afford, despite it not being original. When it spoils, he buys it again. Here is Pratchett's view below:
Why the rich are so rich...
terryandrobHe earned...
terryandrob
The feel of the cobbles
terryandrob
Good boots last for years
terryandrob
And would still have wet feet...
terryandrob
A rich man will buy items in bulk, which saves him a significant amount of money and provides him with more goods, while a poor man will buy a single item at a set rate and purchase another when it runs out, thereby making no gains at all. For instance, purchasing a carton of noodles saves you more money and provides you with more noodles than buying them one at a time.
A considerable number of his followers liked the story, and this is what they had to say.
The Vimes boots story
sandyjinnes
They dictate pay rises
Engine_of_Ideas
It's really expensive
StevenLHughes
The poor versus the rich
Europa_Unitum
Fella has read all of Terry's work
DorindaDorinda
Stunning and eye-opening
Arteta_tete
It's a great introduction
emwraw
Most people can't afford these
PHeadgirl
Capitalism is monstrous
vexwerewolf
There is little in economics that can't be explained
JeffR232
What kind of society does that?
PeteTheRef
Expensive goods increase in value
nungmi1
Now check this out
induslkj
This is precisely the reasoning...
ladywyyn
Pratchett was a genius
susen366
Telling this to people on a regular basis
VoiceOfKosh
In today's society...
Rachel66E
Gotta have money to make money
arobill3
Here's the problem with this story...
pandamerv
It's about the options they have
frindley
This is a well-written piece
www.facebook.com
Me trying to explain
www.facebook.com
About the justice system
www.facebook.com
Sometimes, you just have to think outside the box if you really want to make it. Sure, it’s not going to be easy, but it’s better than living an expensive, poor life.
Think of legal ways to rise above that situation, and who knows, you just might be seated among the elites tomorrow. Do you agree with Pratchett's point of view on this matter?
Let’s have your opinion on it by leaving a comment below.
