Is Intentional Thrift Poverty Appropriations?

Does spending less hurt anybody when you could be spending more? Some would argue that those with money not spending that money are greedy. For many, this is a sensitive issue.

These individuals claim that you have some means, the privilege of choice, then choosing to live like someone with no choice, that you are taking advantage of the poor. They claim by spending less than you can, you are profiting from poverty.

These individuals are idiots. As you'll see in today's podcast, you are responsible for your money. Claiming 'poverty appropriations' against anyone with money who chooses simple living is more about their jealousy than fact.

It mainly matters to you whether you spend or save your money. Ultimately you have to answer to yourself and your family about whether you've been a good steward with your earnings. Choosing to live in a smaller house, buying second-hand clothing, and living with less doesn't deprive anyone.

In today's cancel culture, they will criticize good behaviors as bad. That's because they're emotionally driven rather than fact-based.

Here's the original Medium article that coins' poverty appropriations' as a troubling trend, https://medium.com/the-establishment/the-troubling-trendiness-of-poverty-appropriation-4d3681406320

Most appropriation arguments are horse crap. If you have the means to live on less, then good for you.

From an environmental perspective, living light, even minimalistic, takes fewer resources. It also gives you the freedom to leave for travel, vacation, or work where you like. Living in a tiny house doesn't take a small home away from the poor.

I would argue that intentional thrift is a reasonable way to build wealth as long as you focus on capital utilization rather than saving money. Keeping your capital growth rather than consuming is an intelligent way to save for retirement and investment.

The confusion around what it is to be wealthy creates false understandings that keep you poor. If you want to transform income into net worth, you need wealth strategies that work as well today as they have for centuries. Join our newsletter at https://www.sustainablewealthsecrets.com/newsletter/

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