Survival Guide to Homelessness

No matter where you go, there you are.

Tuesday, March 08, 2005

Basic Math

What is poverty? Poverty is when your needs and expenses exceed your income.

What is wealth? Wealth is when your income exceeds the demands of your needs, your desires, and a little extra for savings.

There are only two ways to rise from poverty to wealth. They are to earn more, or reduce the costs of your needs.

Six hundred dollars a month is abject poverty if your expenses are six hundred and one dollars per month. It is amazing wealth and luxury if your need demand is three hundred dollars per month. Simple, basic math. Earn more, or spend less to grow rich.

7 Comments:

At 10:19 PM, Blogger Jay said...

You have much knowledge. I fear I still fall in the poor category, but who knows, I may still make it out one day.

 
At 8:03 PM, Blogger Andrew said...

I stop by everyday to see if you have updated but most times I am disappointed. I realize you are trying to make a buck off this blog and your writings. It would be nice to see it more frequently updated. That would maintain my interest and others as well. I think you have a good thing going here and support it wholeheartedly. I just wish you would update this blog more often. It seems as if you disappear for several weeks at a time only to update on an infrequent basis. I would like to see this become a financial asset to you but you must put more effort into generating content in my opinion. Much of what you write is ground breaking and original. Have you run out of material to write about? I am sure there is only so much you can write about being comfortably homeless. I think you have covered all the basics thus far.

 
At 7:56 PM, Blogger sirbarrett said...

This blog is a great source of experience. Keep it up. Socrates said that wealth does not bring goodness but goodness brings wealth. I realize that monetary wealth is the kind of rat-race we're all in but I'm just saying keep it up. You are bringing justice to the intellect, because words are worth more than dollars. Keep it up.

 
At 10:18 AM, Blogger hillo1 said...

As a former homeless person this blog is important because of the topic, keep writing, but I would like to see your previous posts, all of them !
your page is in my favorites list.
thanks.

 
At 12:10 PM, Blogger The Lioness said...

Mike, are you all right? It's been 2 months. Even if you don't feel like posting, please leave us a quick note so we know you're ok.

 
At 12:11 PM, Blogger The Lioness said...

Oh, Hilo, bcs he's trying to get published, the archives are no longer available. But I think if you email Mike he'll send you the posts. I think that was it. Mike?

(See how i did it? ;) And hey, update my URL!)

 
At 4:00 PM, Blogger Rose said...

I also enjoy this blog and have put your blog url on my own blog! Like the others have said it does seem to be a long time between posts for you and we'd just like to know if you're doing ok.

There's nothing wrong with wanting to make money with your blog - in fact I think that you provide some very valuable experiences for all of us.

 

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