So weird. The psychological impact of growing up poor. Ever since my first job, i've been rationing money. Making budgets, and planning spending a year out, just to make sure i'm never broke. But essentially living, like i'm always broke. At the same time constantly evaluating what i charge for my services based on my feelings about money, as opposed to value of my service to wealthy clients. So weird.

@aroundtheworldtoo

2 ай бұрын

Nailed it. I do landscaping and I must overcome this tendency.

@Yellingatconcrete

2 ай бұрын

Totally agree it's a weight which never truly slips but one we can loosen overtime. Thanks for the comment value the time you took to make it!

@funnycatvideos5490

2 ай бұрын

Growing up poor makes you want to give people a good deal But you eventually grow out of it Or go broke. If a job only took you 10 minutes Because of your knowledge and experience, but any other Tradesman would charge $500 you need to charge that Price. Alas, that's Why I could never make it being self-employed and Then later on working for bosses they would just gouge the customer in my opinion, but The customer was happy and had Paid the money. It's almost like growing up poor made it much harder to survive. You ever heard the saying saving a nickel to spend a dollar. LOL Wealthy people invest money. For someone who grew up poor it sounds like the biggest gamble of all, For them they don't even think twice about It. It's why people tend to stay in the income brackets they were raised in.

@randyt3558

2 ай бұрын

@@funnycatvideos5490 hmmm....people who were raised with money, generally inherit money.

This just pop up in my feed, I love how you talk! You got a new subscriber

@Yellingatconcrete

2 ай бұрын

Thank you @justdashy ! Very much appreciated.

The value of money is one of the thing that stands out to me today in the West. We live in capitalist countries because we use capital accumulation as a demarcation of wealth and a means for trade. That said we also live in a consumerist culture. This is distinct in my observation because consumerism is an ethical or moral viewpoint for spending said capital. In the West currently the only major ethical consideration is "can I buy this product". There are very few questions or answers about the downstream effects of consumption. "Where is the product sourced", "was this made with forced or coerced labor", "is this safe", "is it ethical for everyone to consume the product as I have". These are all very antithetical to a consumerist society, i.e. one where consumption is the primary ethical consideration. It is possible to have a system that is capitalist in nature, but not consumerist by ethos. If people were concerned about how fabric, coffee, sugar and rare earth minerals are sourced; then we could (and do in a limited sense) have a market that prioritizes the ethical sourcing of those materials. You can apply this to the labor cost of domestic services, i.e. minimum wage or tips. Ideally, in a less consumerist environment tipping culture would be more rewarding to those working at the low end of the income bracket. If people had a primary ethical drive to support their fellow man they would be less concerned about the few dollars of tips. This is in direct opposition to the primary consideration of "consume more" whereby each person jealously guards each and every dollar. Is it more important that you charge a dollar cost averaged hour of labor? Or that those who buy your products pay the amount necessary to support your work? I don't see this as a capital question but rather an ethical one. Capitalism is not an ethical system it is a means of bringing an ethical system to market.

@funnycatvideos5490

2 ай бұрын

Well when you figure out rich people Never work by the hour. That whole design is to keep people poor. You cannot become a Multi-millionaire without taking advantage of workers. Without those workers the rich would Fail. Then they have the audacity to call their systems ethical, and Nonprofits are the worst offenders. Getting so-called donations And sweetheart deals Based on lies that are tax write offs and get reinvested right into their Subsidiaries pocket. This is literally their playbook for Politicians, government officials And their families. Capitalism is always going to be in Support Of Passing laws and taxes to always favor generational wealth. This type of system is bound to fail as we are starting to see. The workers Eventually will revolt.

Lost me a bit when you started talking about tipped employees as though tips aren’t part of their income… tipped employees always end up making more than the “normal” minimum wage. That’s actually the quintessential qualification that *permits* the lower wage… the declared total has to surpass minimum wage. If I make no tips all week, my employer has to pay me actual minimum wage that week. The outrage in “tipped employees should be paid a normal wage” is supposed to come from customers who don’t want to have to tip in addition to paying for their food/service when the employer itself should be handling that part of the equation. Still an interesting video. I have picked up the habit of considering how much my time is worth… in seconds. Is the self-stick envelope worth the extra cost? Is it worth waiting in line to return a $2 item? Is it worth it to spend time looking for a better price, knowing it will be $1-2 difference?

@Yellingatconcrete

2 ай бұрын

Thanks for the reply and an interesting point i was unaware of around your employer having to "top up your pay so to speak"! Having been originally from the UK where tipping is an addition to a standard pay there is for some cultural nuance to it all.