Why do you think people should work 80 hours a week? Usually, 40 is the regular full time week. Heck *I* wouldn’t want to have to work 80 hours a week.
As a person who had their mother die of leukemia, it’s not about being rich. It’s about paying premium, deductibles & copays vs paying the full amount of medical care. Trust me, paying full price is almost always more expensive. The rare exception is someone who lives their whole life in excellent health, and dies peacefully in their sleep. For the rest of us, we need medical insurance. It may not be the most enjoyable way to spend money, but your family will thank you in the future.
I must tell you – I have an older car (over 6 years old when I bought it; well maintained and USED) – it came with all of the “toys” – power windows, power locks, a/c, radio with CD player. I got a decent used car that fit the needs of our family and our budget allowance. It was not a “luxury”, but a necessity. Our previous car, which did not have power windows or locks, was totaled by a kid high on drugs. We were blessed to walk away from the accident.
Please don’t make such assumptions about people.
I have bought designer clothing at the thrift store, waited years for something to go on sale before I purchased it (and use these items regularly). I may not have LOTS and LOTS of things, but I look for quality over quantity, so I get my money’s worth and I maintain items so they last and look good for years down the line.
We don’t have the latest gaming systems or iPods, but we are comfortable and our child is fed regularly. That is important. Yes, we need a few home improvements, but we will wait on them, mainly because I refuse to finance them at loan shark rates through the home improvement stores or put the expense on credit cards. We are doing everything in our power to live without credit cards. Inconvenient, but soooooooooooooo much less expensive.
Some people want to spend their money on __________, but it is theirs to do that with. I would love to have a healthier savings account, so we have made that a priority. Then, gas for the car jumps to $3.00 + a gallon. We don’t go out for long drives anymore. Even though we enjoyed them (pack a lunch at home, take a nice drive and look at the scenery), it is now cost prohibitive. We are not spending every last cent on Christmas gifts either. We prioritized and spent accordingly. We also decided several months ago to get for Person 1 this month, Person 2 & 3 this month, paid cash along the way and will get through the holiday debt-free. Or better yet, without adding to the debt we are working on paying off.
Health insurance is very expensive if you have to pay for it out of pocket. We have health insurance because of our employers. On our own, it would be so cost prohibitive, mainly due to a chronic illness in our family. Having it, the insurance companies screw you immediately.