Gratitude.
859 sats \ 3 replies \ @k00b 16 Oct 2023
Children
https://ourworldindata.org/grapher/children-per-woman-fertility-rate-vs-level-of-prosperity
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43 sats \ 2 replies \ @birdeye21 OP 16 Oct 2023
Wow that's a crazy chart
Why is it that kids seem to be so much more expensive/burdensome in more developed places?
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194 sats \ 0 replies \ @k00b 16 Oct 2023
It's the opportunity costs I think. When you have no status to lose, no luxuries to miss, there's not much of an opportunity cost.
Opportunity costs are at least what I think starts the trend. After that, it probably mimetically compounds, eg are there even family sitcoms anymore? How many influencers feature children prominently as part of their lives?
Then begins economies of de-scale, where child rearing is more expensive and burdensome because it's uncommon and there's not many social and market forces anticipating children ... and then having children becomes the luxury.
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356 sats \ 0 replies \ @ek 16 Oct 2023
I think it's not just that. You just don't need children in more developed places.
In poor countries, children are your pension insurance. And having a lot of them makes sure some might survive to take care of you when you're old.
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252 sats \ 2 replies \ @davidw 16 Oct 2023
Humility.
Nothing like money that can feed a man’s ego.
Many will think they are worthy of their success, when many may have just been fortunate. In the right place and right time. Even those that work their ass off to achieve success, may display a lack of humility. Believing the hype and kudos they receive.
Those less fortunate, usually understand that talking down to people gets you nowhere in this world long-term.
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1 sat \ 0 replies \ @birdeye21 OP 16 Oct 2023
those who are both rich and humble appreciate and embrace luck
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0 sats \ 0 replies \ @TwoLargePizzas 17 Oct 2023
I think this can go both ways. It's true for people who inherited their wealth or got very lucky.
On the other hand, those who worked hard and failed many times before eventually succeeding have a lot of humility because they understand just how hard it is to earn it.
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151 sats \ 1 reply \ @Entrep 16 Oct 2023
Community: The poor often have a stronger sense of community than the rich. They may live in close-knit neighborhoods and rely on each other for support. The rich may be more isolated and less connected to their community.
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0 sats \ 0 replies \ @birdeye21 OP 16 Oct 2023
I think @k00b's chart says it all
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465 sats \ 2 replies \ @nemo 16 Oct 2023
deleted by author
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43 sats \ 0 replies \ @cryotosensei 16 Oct 2023
Lovely read interspersed with her personal experiences and universal takeaways. Thanks for sharing
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32 sats \ 0 replies \ @chungkingexpress 16 Oct 2023
This is well written and informative. Lots of respect.
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157 sats \ 2 replies \ @satoshi_in_the_classroom 16 Oct 2023
I get the spirit of the question but broad stereotypes don't apply to everyone. Having or lacking wealth isn't an indicator of character.
What matters more, perhaps, is how the person came to, or deals with heir wealth and how they acted before it, if it applies.
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0 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
Very true. Nuance isn't dead!!
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20 sats \ 0 replies \ @satoshi_in_the_classroom 16 Oct 2023
I like what you're inquiring about though. Wondering if and what are some commonalities...
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62 sats \ 1 reply \ @pow 16 Oct 2023
Buying Liabilities instead of Assets
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0 sats \ 0 replies \ @birdeye21 OP 16 Oct 2023
big fiat problems
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52 sats \ 3 replies \ @WeAreAllSatoshi 16 Oct 2023
Ability to value things
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0 sats \ 2 replies \ @birdeye21 OP 16 Oct 2023
maybe the ability to value the right things lol
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21 sats \ 0 replies \ @WeAreAllSatoshi 16 Oct 2023
Yea, that’s probably a better way to say it
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10 sats \ 0 replies \ @SpaceHodler 17 Oct 2023
But it's the rich that have the ability to value assets, which are the right things.
The poor don't have that ability and that's why they stay poor.
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42 sats \ 0 replies \ @fernandoporazzi 16 Oct 2023
Usually the rich knows the price, the poor knows the value.
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42 sats \ 0 replies \ @grayruby 16 Oct 2023
Not sure but their hamster wheel is the survival hamster wheel, while the rich folks hamster wheel is the "keeping up with the joneses" hamster wheel. So whatever trait not needing to incessantly keep up with your peers and those ahead of you is.
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42 sats \ 2 replies \ @cryotosensei 16 Oct 2023
A strong will that has been battle-tested as they must rely on their wits and resourcefulness to get through life’s challenges
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10 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
I'd say some rich people had that to get to where they are, others maybe not so much
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21 sats \ 0 replies \ @cryotosensei 16 Oct 2023
Well some rich people are born with a silver spoon
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31 sats \ 0 replies \ @lunanto 16 Oct 2023
Resilience
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21 sats \ 2 replies \ @0245bdaef2 16 Oct 2023
Style
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10 sats \ 1 reply \ @birdeye21 OP 16 Oct 2023
bro u just wouldnt just get it ur too poor
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0 sats \ 0 replies \ @0245bdaef2 17 Oct 2023
Fashion is always for sale but style can never be bought.
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0 sats \ 1 reply \ @TwoLargePizzas 17 Oct 2023
Water pressure.
It sounds funny, but I saw this exact same question on Reddit once and a rich guy explained that most wealthy people live in expensive houses on top of hills. No matter how much money they throw at the problem it's difficult to have a proper shower 😂
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0 sats \ 0 replies \ @nemo 18 Oct 2023
deleted by author
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0 sats \ 0 replies \ @fm 17 Oct 2023
hunger... for a lot of stuff
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0 sats \ 0 replies \ @southside263 17 Oct 2023
"stay humble"
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0 sats \ 0 replies \ @Tjacten 17 Oct 2023
A brain and willingness to fight.
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