<p>It depends on income, wealth and expectations. I’d imagine a great mix here.</p>
<p>The people where I work don’t seem to be that concerned about the economy in their own circumstances but most of the people that I work with aren’t living large and our work has been stable for two decades.</p>
<p>“Rents in the big cities with low unemployment for highly paid workers are crazy high.”</p>
<p>Yeah…</p>
<p>“The people where I work don’t seem to be that concerned about the economy in their own circumstances but most of the people that I work with aren’t living large and our work has been stable for two decades.”</p>
<p>Yeah… A friend of mine’s son had many job choices after he graduated this year with a degree in comp sci. I think that field is very solid. My niece is going to have zero problems getting a job in comp sci. You do
work in a solid industry.</p>
<p>The opposite of mine… People live large. </p>
<p>I read about so many people that want to work in the financial
field…they want to become investment bankers or traders. I have to smile…the only thing saving this field from a massive implosion is politics. :). The industry still has
problems anyway. </p>
<p>I have friends that are doing incredibly well…and some that have nothing…
The divide is sooooooo wide.</p>
<p>Here is an example of my ‘devils advocate’ ,this particular person was saying how XX dollars were not worth the cost of a private educuation,their reasoning is it is only middle school or HS, i said that may be true,but would you trade in your Caddilac Escalade for a Kia Sport, afterall ,both get you where you need to go…you can guess the answer. :)</p>
<p>These people are aquaintances,not friends,per se…almost all attended private/parochial school k-12, as many are alums of where their children go to school…college wise it is difficult to figure out, i know some attended privates,some state flagships…privates where i currently live are fairly predominant, as the publics are not great,but not bad either…where we used to reside,public were top notch, and one attended a parochial school for the religion as oppossed to the preceived better education…</p>
<p>I think some of these families failed to plan for costs of college ,etc…and then to complain about costs is too late,lol…</p>
<p>Also, i think some of these people complaining about costs, etc do so because they neglected to plan for these expenses…So, they take a stand that it is not worth it, when in reality they can’t pay for it anyway…</p>
<p>Though many play travel sports, and have personal coaches,expensive camps, equipment,etc…in hopes of getting the rare scholarship…many don’t like it when i jokingly say they might be better off just saving that money spent to make Junior the next superstar for college. ;)</p>
<p>Why is it there so many people are perfectly willing to spend for the luxury cars, luxury vacations, expensive clothes, fine dining. latest electronic gadgets and yet unwilling to pay for private schools or …medical care ?</p>
<p>Skill…intelligence… hard work… opportunites…certain motivations about money… Knowledge of possibilites…good role models…people that were helpful to them or invested in them…education…Good health…lots of luck…</p>
<p>There are people that have started on third base or inherited money too…
Even if these people lose…well it is very hard to lose…</p>
<p>Qdogpa…I liked reading your last two posts…</p>
<p>I can see where people thought they had retirement or education covered and the financial crisis hit and now they don’t…or people could have spent too money or some combination.</p>
<p>I never understood the scholarship scene…
Some of it has to be ego…and that is ok. I have an ego. :)</p>
<p>The whole sports scene is very animalistic and primal. I was caught up in it.</p>
<p>Anyway…one of the teams was costing 8,000 plus a year…and after 6 years…with inflation the costs are 50,000 plus…and most of the scholarships were 2,000 a year.</p>
<p>My math skills are deteriorating…which kind of sucks…but…I didn’t and
don’t get that math.</p>
<p>On the other hand…I do understand the youth sports if it isn’t about the money. Like I said…I was caught up in it. :)</p>
<p>Yourh sports are great, it is when things went from rec programs like Little League to year round travel teams,to even more competitve club teams that youth sports took a wrong turn…does a 6 -8 year old really want to commit year round to any sport? Or do they even have a say. ;)</p>
<p>".does a 6 -8 year old really want to commit year round to any sport? Or do they even have a say"</p>
<p>That is not a positive development. When you are involved in something…it is hard to see some things.</p>
<p>After my kids grew up…I would occassionally watch a youth sport…and I would look at the parents on the sidelines…and I could not believe what I was observing. Was I like that? </p>
<p>Yes…</p>
<p>I also coached…and the parents of the kids…echhhhhh…the parents were so wrapped up in what the kids were doing. Was I like that?</p>
<p>Yes.</p>
<p>Qdogpa…did your kids play sports? How did you behave?</p>
<p>I am glad to see that people are still donating. I am working with Special Olympics this weekend. I always feel good after spending time with the athletes and the volunteers.</p>
<p>My youngest is still involved, and i coach all her sports, though she has dropped basketball…still in softball and soccer… Having college aged kids, i have taken a whole new aspect to coaching and kids sports…was always a “kid first” coach… To see a less talented child succeed was always more important then seeing the best player set a record…</p>
<p>There’s a bunch of questions that CBS Marketwatch users asked and they forwarded them to Bernanke and he answered some of them (some in the hearing). His statement of sooner rather than later has been interpreted as August assuming the job and economic pictures continue to deteriorate and there’s no reason to think that they won’t.</p>