Income plays an integral part in the choices individuals and families can make for their future and how they are able to problem solve their current situations. The case study (The Open University, 2016, p. 36.) illustrates how the Brett family are virtually stuck without solutions to problems, even to the point where plans for the future have almost evaporated, whilst the wealthy Confino family are occupied with decisions such as where to eat out next. Debbie Brett has misinformed the repairers so the repair estimate will be greater than a fee she would struggle to pay anyway. This behaviour will have an influence on her children. The danger being if they accept such a despondent and irrational approach to the world, their own future could
reality of not being able to make ends meet. (p. 262) The very real problem that Mr. Collinge and
In Junot Diaz’s essay “The Money” he explains where his family stands economically. Stating that his father was regularly being fired from his forklifting jobs and his mother 's only job was to care for him and his four siblings. With the money brought home by his father, his mom would save some. Her reason was to raise enough to send to her parents back in the Dominican Republic. When his family went on a vacation, they came back to an unpleasant surprise; their house had been broke into. Eventually Diaz was able to get back their money and belongings. Diaz returned the money to his mother although she didn’t thank him for it, this disappointed him. Like Diaz I have also encountered a similar situation where I was disappointed. When I was in second grade, my life life took a completely different turn. My dad took an unexpected trip to Guatemala, on his return, the outcome was not what I expected.
Among the many reasons for the Black people to migrate to the North were: the subordinate status of the Black people to the whims of the white communities; a belief of more opportunities for jobs, education, and the freedom to live the lives guaranteed them in the 13th,14th, and 15th amendments to the constitution of the United States of America, and to be free of the extreme punishments for noncompliance of the Jim Crow Laws inundated throughout the southern states after Lincoln’s Emancipation Proclamation. The Ida Mae Brandon Gladney family was an example of these migratory people.
People from lower classes try to achieve success but tend to struggle depending upon their foundation. The problem that people don’t want see is that we all want to become successful, and have the capability to do so but are just restricted by the lack of income.
Having a good income liberates some extra stress from people’s lives. In the film, the narrator compares people with different income status, the narrator interviews these two different families in order to observe how income can influence people’s health. According to the narrator, “In some areas, people die twice, and five, even ten years sooner than in others. Cancer and heart disease are almost twice the rate in some areas as in others.” (Page 2) Unnatural Cause-the narrator observes two districts in Louisiana; one area is populated of low income working class, and the other one the contrary. The narrator is interviewing Jim Taylor a sixty year old man who is CEO of a hospital. During the interview Taylor opinions about the benefits of living in a community of effluents. Such as, having less stress, being able to exercise without being afraid of being assaulted. In contrast, to a person who lives in working class community is harder to have a healthy lifestyle because of the lack of time, security and desires. Pertaining to desire, working class people have to work long hours in factory to earn at least 20,000.00 per year, so they end their days extremely tired. Furthermore, wealthy peoples can afford a better quality of nutrition. Thus, people with a low income prefer to buy foods according to the quantity instead of quality. In fact, social stress is the more common
...their lifestyles or values, but merely funnel greater sums of money into bottomless, self-destructing pits” (23). If this is true, then certainly the American Dream wins out for virtue. Indeed, throwing money at a problem absolutely does not make it go away – but when families are legitimately struggling to make ends meet and goods are scarce, when they’ve established these complex chains of organized networks and trades, and when they can empathize with others in their situation and see the big picture beyond their own, one is left to wonder why Stack’s voice hasn’t been heard more widely, and why the residents of The Flats are still left to fight against the current in their own comparatively competent culture of exchange, and networks of all their kin.
reading this book makes me realize it is a completely different world in “the projects.” I always thought it was that individual’s fault for not getting out of the projects and they chose to live that type of life. MacLeod’s findings and interviews with the kids made me realize that is not the case. I now see that social inequalities make it very difficult for social mobility to
In the article “Extreme Wealth is Bad for Everyone- Especially the Wealthy” published on November 12, 2014 for The New Republic, the main argument is whether wealth is beneficial for people in terms of society, happiness, and life or not. Geared towards the common public, based on the fact that the source is for commercial entertainment, Michael Lewis successfully points out that wealth is indeed a negative influence on people’s lives. However, Lewis would have struggled with successfully conveying his ideas on the effects of wealth with a more educated audience because he failed to point out both sides of the argument. After reading this article and keeping the audience in mind, Lewis used rhetorical principles to adequately show his side of the article, the idea that the quality of people’s lives is directly correlated with the amount of wealth that person has, but struggled in portraying the benefits of wealth.
The Millionaire Next Door written by William Danko and Thomas J. Stanley illustrates the misconception of high luxury spenders in wealthy neighborhoods are considered wealthy. This clarifies that American’s who drive expensive cars, and live in lavish homes are not millionaires and financially independent. The authors show the typical millionaire are one that is frugal, and disciplined. Their cars are used, and their suits were purchased at a discount. As we read the book from cover to cover are misconceptions start to fade. The typical millionaire is very frugal in all endeavors and finds the best discounts possible. A budget is implemented daily, monthly, and annually for a typical millionaire. They live by the budget and are goal oriented. Living well below their means is crucial for a millionaire, and discovering ways to allocate time and money more efficiently. The typical millionaire next door is different than the majority of America presumes. Let’s first off mention what it is not. The typical millionaire is surprisingly not the individual with the lavish house worth a million dollars, owning multiple expensive cars, a boat, expensive clothes, and ultimately living lavishly. The individual is frugal and often looks for discounts for consumable goods. The book illustrates the typical millionaire in one simple word: frugal. It is shocking to believe that this is true, but it does make sense. To achieve financial independence is inherently more satisfying and important than accumulating wealth. According to the book the majority of these millionaires portray characteristics of being sacrificial, disciplined, persistent and frugal. In the book it states, “Being frugal is the cornerstone of wealth-building. Yet far too often th...
John Steinbeck, famous author of The Grapes of Wrath, once said, “Socialism never took root in America because the poor see themselves not as an exploited proletariat but as temporarily embarrassed millionaires.” This quote, while fairly amusing, brings up a vital subject--class mobility. Can people in poverty still be rags to riches stories? The book Class Matters reports that class mobility has most likely decrease and that it takes five generations for a family class status to change. In Yakima this poses a very grim problem because 34% of Yakima residents line under the poverty line. And of those 55.9% are single mothers, just like Angela Whitiker (Citydata). That is why Angela Whitiker’s story is so central to not only the world but to
Everyone in the world belongs to a subculture. Each subculture has its own sets of traditions, relics, and artifacts. Relics and artifacts are symbolic, material possessions important to one's subculture. Relics are from the past; artifacts are from the present. These traditions, relics, and artifacts help shape the personalities of individuals and how they relate with others. Individuals know about these items through storytelling in the subculture. Families are good examples of subcultures. My family, a middle-class suburban Detroit family of Eastern European heritage, has helped shape who I am through story telling about traditions, artifacts, and relics.
He further shows us that the people of today are richer than their grandparents but are not happier in their lives (from National Statistics of social pathology). Even with these facts, people in the United States still believe if they had more money all of their problems would be solved, but once they reach that next income bracket they are not satisfied and try to reach the next one. Myers et al tells us, "even if being rich and famous is rewarding, no one ever claimed material success alone makes us happy. Other conditions like - family- friends- free time - have been shown to increase happiness" (Csikszentmihaly 145). therefore we must find balance in our own lives, and not just focus on making money. Instead we need friends, family and even free time, as aforementioned doing an activity you enjoy such as listening to music or
According to the United States Holocaust Memorial Museum, six million European Jews were killed in the Holocaust. Within the six million was a famous family that had only one survivor. This family was the Frank family. The Frank family faced many difficulties due to the rise of Hitler. Experiencing hardships in their early life led to the decision that the Frank family made about going into hiding. At first, Otto Frank was very successful in life before the rise of Hitler. However, the Frank family faced many issues in Germany until they felt that they needed to move. Lastly, the Franks' living conditions in Amsterdam were stable before the invasion of the Nazis.
I did not grow up wealthy by any means, but I was always comfortable. I lived in a nice home, I was enrolled in many extracurricular activities, and I always had foot to eat. I started working while I was in high school, but my earnings were mostly for spending money as I only had small bills. While my parents were not considered rich, they were stable. As I grew up, I reaped the benefits of that stability, unaware of how many people lack resources needed to survive. The book $2.00 a Day Living on Almost Nothing in America opened my eyes to what too many people’s lives are like. As I read the book, I became more aware of the fact that I was sitting in my cozy, warm apartment. I would get up for a snack and notice my full refrigerator. I would take a bathroom break and recognize that I had running water and the soft kind of toilet paper. The more I read, the more I appreciated the things in my life that I have always considered simple, but that many only dream of. Between $2.00 a Day Living on Almost Nothing in America and the textbook, Essentials of Sociology, my narrow view of what like in America is like expanded exponentially.
Rich Dad, Poor Dad is a book that educates readers about financial literacy. Robert Kiyosaki, the author, has two dads – one rich and one poor, although the rich dad is not his, but his friend’s dad. Both dads have different views about earning money, and Robert had the choice of contrasting both views while growing up. His rich dad’s views were more powerful and useful to Robert. The author guides the reader through six main lessons his rich dad taught him on how to let money work for you, instead of working for money.