What’s everyone’s thoughts on this?

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If you own a home outright and manage your money well, $400,000 is enough to live on indefinitely in most of the world. 7% interest, 3% inflation - gives you 4% to live off. That's $16,000, which is an entirely reasonable budget without a mortgage or commuting to worry about. $3m gives you $120,000 a year, which is considerably more than most people will ever earn.

I live on less than that. it is doable if not fancy.

*no high speed internet
*no cable
*no eating out
*no health club membership
*no cell phone
*no entertainment
*no house note [tin can paid for, on its own land out in the sticks]
*property tax just $435/year
*car inherited from mother, 1997 model, so only liability insurance
*1997 car is a Honda so is [so far] scarily reliable, no major expenses there either
*rice and beans are still cheap, no expensive meat for me
*tin can so far has not cost me anything major
*no clothes other than what I already have
*no health insurance [totally unaffordable], just what the VA gives me for my service
*ed jones arranged it so I don't pay that much tax, that is what I get for their traditional 3% cut
*the tin can insurance [about $700/year] and monthly land line is my major expense.
obviously I am no bourgeois capitalist and anybody who doesn't like it can go eat worms

As a 1%er, I agree. I stand to make more money from a single screenplay than a hard working blue collar family man makes in his entire life? Something about the equation sounds wrong to me. Guessing Jesse came to the same conclusion through those means as well. We’re court jesters compared to many people out there- doesn’t feel right. Hollywood types make more money than teachers, doctors, and law enforcement? The equation is off.

Hate to tell people who aren’t financially well off this - it is so rigged, you’ve got no idea. No matter what you think my/our advantages are - the 1% - you’re not thinking enough. I’m 30 and my biggest financial issue right now is how much money I’d like to pay while staying at a film festival for a couple of days to not overspend (never mind I’m not financially worried enough to not buy Spidey PS4 tomorrow before leaving for the festival ). This is just this month and it’s not even close to the most money I’ll throw around this year. I’m not worried about living - at all - just mostly pleasure type questions, it’s always been that way. Not to brag, but - money is not really that much of a concept to me. I get working hard to get the money you need, but I never got the fear that most people in this country/world have. I have a rich friend, we got to talking, and we both viewed it the same way. Silver spoon, fund trust kid brats. I want people to have as much as a chance or at least close to it as I do. The number of handicaps we have is - undefinable and it is easy to see it is unfair.

I was born poor and adopted into wealth, so an ‘Annie’ type background that makes me want the poor to rise up.

Something needs to change. What, unsure - but, something. I don’t want a feudalistic country even though that is basically already what we have.

total lack of addlement AND high iq are necessary to succeed in life, in general, including financially. some are doomed to failure. most are doomed to mediocrity. only less than 1% have potential of greatness in them. those lacking social intelligence are doomed.