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	<title>Comments on: The Poor Enjoy More Leisure Time?</title>
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	<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/</link>
	<description>A personal finance blog dedicated to discussing such topics as budgeting, asset allocation, 401K, IRA, cash flow, insurance, financial planning, portfolio management, and other areas in personal finance.</description>
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		<title>By: annie</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-333032</link>
		<dc:creator>annie</dc:creator>
		<pubDate>Mon, 14 Jul 2008 09:35:32 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-333032</guid>
		<description>good and usefull website</description>
		<content:encoded><![CDATA[<p>good and usefull website</p>
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		<title>By: Jim</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330912</link>
		<dc:creator>Jim</dc:creator>
		<pubDate>Wed, 09 Jul 2008 00:03:54 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330912</guid>
		<description>I don&#039;t see how shopping and exercise are stressful activities.  Exercise helps counter the impact of stress.   

Lower income people spend more time watching TV cause they can&#039;t afford other activities like browsing at the mall or gym memberships.


Jim</description>
		<content:encoded><![CDATA[<p>I don&#8217;t see how shopping and exercise are stressful activities.  Exercise helps counter the impact of stress.   </p>
<p>Lower income people spend more time watching TV cause they can&#8217;t afford other activities like browsing at the mall or gym memberships.</p>
<p>Jim</p>
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		<title>By: Miguel</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330324</link>
		<dc:creator>Miguel</dc:creator>
		<pubDate>Mon, 07 Jul 2008 14:15:29 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330324</guid>
		<description>I read frank Rich&#039;s WSJ column/blog, but often come away with the sense that he stretches his statistics to fit the headline. 

But, I can speak to this one from experience. I grew up around poor people (come to think of it, I was one of them). And I currently live among a very affluent and wealthy community. I wouldn&#039;t say one works any harder than another, but they certainly have very different priorities and spend time in very different ways. 

The poor people I grew up with, worked not for fullfilment or opportunity, but simply because it was necessary to put food on the table. Their jobs were usually hard, unpleasant, and boring. And they were often supporting large, fractured, inter-generational households, in other words, complicated family situations. When they got home, their idea of leisure was to completely leave work behind, and totally chill out on the couch, in the lawn chair, on the porch, and shoot the breeze with family and neighbors. Big, spontaneous, all-day barbeques (always in sweltering, humid weather) were a major feature of summer. 

By contrast, the relatively wealthy people I live around don&#039;t have time to hang out and chat too much. Schedules are packed with work, commuting, shuttling kids to this that or the other practice/lesson/play-date, or to see grandparents, then off to the weekend house. Social bonds are developed more by activities in common than by neighborhood geography (i.e. your kids are in the same play so you get to know each other). And work and play are kind of inter-mingled in a way that makes play seem more like work. There is a kind of work hard, play hard, competitive mentality that makes it difficult to truly relax (at least in my observation which may be quite biased to big city lifestyle). In fact, relaxation in the form of sitting on one&#039;s rear-end and doing absolutely nothing (unless forced at gunpoint by the wife to sit on a beach and read a novel), does not seem to be part of the wealthy mindset. And even on the beach, one might be required to take a conference call or two. 

I&#039;d certainly rather be wealthy than not, which is how I&#039;ve focused my priorities. But, it&#039;s not at all how I thought it would be. When I was a kid, I dreamed that once you made it, that was it. I figured it would like hey: You made it, you proved yourself, you&#039;re the bigshot, you could take 3 hour lunches and be at the country club yukking it up with your buddies by 4pm. But, even the guys I know worth mega-bucks don&#039;t have that lifestyle. By and large, self-made people are doers and they can&#039;t just turn off that compulsion to be productive. Even the trust funders I know, are driven people, bent on proving that they aren&#039;t just relying on family money. 

Somewhere, I&#039;m sure there is somebody living the wealthy life of leisure. Wherever they are, I wish they&#039;d let me in on the secret password.</description>
		<content:encoded><![CDATA[<p>I read frank Rich&#8217;s WSJ column/blog, but often come away with the sense that he stretches his statistics to fit the headline. </p>
<p>But, I can speak to this one from experience. I grew up around poor people (come to think of it, I was one of them). And I currently live among a very affluent and wealthy community. I wouldn&#8217;t say one works any harder than another, but they certainly have very different priorities and spend time in very different ways. </p>
<p>The poor people I grew up with, worked not for fullfilment or opportunity, but simply because it was necessary to put food on the table. Their jobs were usually hard, unpleasant, and boring. And they were often supporting large, fractured, inter-generational households, in other words, complicated family situations. When they got home, their idea of leisure was to completely leave work behind, and totally chill out on the couch, in the lawn chair, on the porch, and shoot the breeze with family and neighbors. Big, spontaneous, all-day barbeques (always in sweltering, humid weather) were a major feature of summer. </p>
<p>By contrast, the relatively wealthy people I live around don&#8217;t have time to hang out and chat too much. Schedules are packed with work, commuting, shuttling kids to this that or the other practice/lesson/play-date, or to see grandparents, then off to the weekend house. Social bonds are developed more by activities in common than by neighborhood geography (i.e. your kids are in the same play so you get to know each other). And work and play are kind of inter-mingled in a way that makes play seem more like work. There is a kind of work hard, play hard, competitive mentality that makes it difficult to truly relax (at least in my observation which may be quite biased to big city lifestyle). In fact, relaxation in the form of sitting on one&#8217;s rear-end and doing absolutely nothing (unless forced at gunpoint by the wife to sit on a beach and read a novel), does not seem to be part of the wealthy mindset. And even on the beach, one might be required to take a conference call or two. </p>
<p>I&#8217;d certainly rather be wealthy than not, which is how I&#8217;ve focused my priorities. But, it&#8217;s not at all how I thought it would be. When I was a kid, I dreamed that once you made it, that was it. I figured it would like hey: You made it, you proved yourself, you&#8217;re the bigshot, you could take 3 hour lunches and be at the country club yukking it up with your buddies by 4pm. But, even the guys I know worth mega-bucks don&#8217;t have that lifestyle. By and large, self-made people are doers and they can&#8217;t just turn off that compulsion to be productive. Even the trust funders I know, are driven people, bent on proving that they aren&#8217;t just relying on family money. </p>
<p>Somewhere, I&#8217;m sure there is somebody living the wealthy life of leisure. Wherever they are, I wish they&#8217;d let me in on the secret password.</p>
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		<title>By: SavingDiva</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330323</link>
		<dc:creator>SavingDiva</dc:creator>
		<pubDate>Mon, 07 Jul 2008 14:07:59 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330323</guid>
		<description>If you&#039;re making less than $20k (as a family), I don&#039;t think you&#039;re working very much...so of course you have more free time!  :)</description>
		<content:encoded><![CDATA[<p>If you&#8217;re making less than $20k (as a family), I don&#8217;t think you&#8217;re working very much&#8230;so of course you have more free time!  <img src='http://allfinancialmatters.com/wp-includes/images/smilies/icon_smile.gif' alt=':)' class='wp-smiley' /> </p>
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		<title>By: Gerard</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330280</link>
		<dc:creator>Gerard</dc:creator>
		<pubDate>Mon, 07 Jul 2008 09:30:51 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330280</guid>
		<description>I agree - The study gives a whole new meaning to &quot;lies, damned lies, and statistics&quot;. I do not understand the motivation of differentiating between passive leisure vs structured and often stressful activities - It seems simply to be a mechanism to get the results the researchers want even if the data does not support the hypothesis. Just my thoughts from a quick read of the article.</description>
		<content:encoded><![CDATA[<p>I agree &#8211; The study gives a whole new meaning to &#8220;lies, damned lies, and statistics&#8221;. I do not understand the motivation of differentiating between passive leisure vs structured and often stressful activities &#8211; It seems simply to be a mechanism to get the results the researchers want even if the data does not support the hypothesis. Just my thoughts from a quick read of the article.</p>
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		<title>By: Jerry</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330226</link>
		<dc:creator>Jerry</dc:creator>
		<pubDate>Mon, 07 Jul 2008 06:39:33 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330226</guid>
		<description>It makes you think, huh?  Money does not equate ease.  I have a surgeon friend who is gone all the time from his family and is miserable.  I wouldn&#039;t want his life for all the money he makes.  I know his job leads to good things for people but there needs to be balance.  We need it for insurance for our lives and sanity.

Jerry
www.leads4insurance.com</description>
		<content:encoded><![CDATA[<p>It makes you think, huh?  Money does not equate ease.  I have a surgeon friend who is gone all the time from his family and is miserable.  I wouldn&#8217;t want his life for all the money he makes.  I know his job leads to good things for people but there needs to be balance.  We need it for insurance for our lives and sanity.</p>
<p>Jerry<br />
<a href="http://www.leads4insurance.com" rel="nofollow">http://www.leads4insurance.com</a></p>
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		<title>By: Benjamin</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-330047</link>
		<dc:creator>Benjamin</dc:creator>
		<pubDate>Sun, 06 Jul 2008 21:27:54 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-330047</guid>
		<description>I agree with what the study suggests.

Speaking &quot;stereoptypically&quot;, it would seem that poor people do not work as hard as people who are better off, this is why they are poor. 

As a society, if we where less driven to improve our financial situations, we would all have more &quot;leisure time&quot;.

The goal is to find a balance between working too hard, and not working enough to maximize the quality of your leisure time.</description>
		<content:encoded><![CDATA[<p>I agree with what the study suggests.</p>
<p>Speaking &#8220;stereoptypically&#8221;, it would seem that poor people do not work as hard as people who are better off, this is why they are poor. </p>
<p>As a society, if we where less driven to improve our financial situations, we would all have more &#8220;leisure time&#8221;.</p>
<p>The goal is to find a balance between working too hard, and not working enough to maximize the quality of your leisure time.</p>
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		<title>By: KC</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-329980</link>
		<dc:creator>KC</dc:creator>
		<pubDate>Sun, 06 Jul 2008 17:04:22 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-329980</guid>
		<description>Exercise is stressful?!?  Perhaps if you are an overweight couch potato.</description>
		<content:encoded><![CDATA[<p>Exercise is stressful?!?  Perhaps if you are an overweight couch potato.</p>
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		<title>By: KC</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-329979</link>
		<dc:creator>KC</dc:creator>
		<pubDate>Sun, 06 Jul 2008 17:02:47 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-329979</guid>
		<description>I read something about this study, too, and its complete garbage.  Yes, sitting on your duff all day is leisure, but I&#039;d rather be working at a job I enjoy, making 6 figures, that I had sitting on the couch.  I think many people with higher incomes actually enjoy their work rather and don&#039;t see it as stress than those with lower incomes who are generally working for the 6 figure people.</description>
		<content:encoded><![CDATA[<p>I read something about this study, too, and its complete garbage.  Yes, sitting on your duff all day is leisure, but I&#8217;d rather be working at a job I enjoy, making 6 figures, that I had sitting on the couch.  I think many people with higher incomes actually enjoy their work rather and don&#8217;t see it as stress than those with lower incomes who are generally working for the 6 figure people.</p>
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		<title>By: Jonathan</title>
		<link>http://allfinancialmatters.com/2008/07/05/the-poor-enjoy-more-leisure-time/comment-page-1/#comment-329962</link>
		<dc:creator>Jonathan</dc:creator>
		<pubDate>Sun, 06 Jul 2008 15:37:26 +0000</pubDate>
		<guid isPermaLink="false">http://allfinancialmatters.com/?p=2640#comment-329962</guid>
		<description>Being affluent gives you the choices that you want to make.  Everyone that makes $100k but wants to spend more time watching TV can easily find a job making considerably less and afford them more time to sit around.  It is clearly the less desirable option, because people are not making that trade!</description>
		<content:encoded><![CDATA[<p>Being affluent gives you the choices that you want to make.  Everyone that makes $100k but wants to spend more time watching TV can easily find a job making considerably less and afford them more time to sit around.  It is clearly the less desirable option, because people are not making that trade!</p>
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