I suppose it’s plausible that this fella recently suffered a reversal of fortune and bought the truck in better times. Still, it doesn’t seem like the journey from “Buying a new pick-up” to “Panhandling at intersections” would be as short as that.
Have you ever wondered what would happen if you did suffer a massive economic reversal? Personally, I do the best I can to insure myself against such an eventuality. I work hard at my job. I invest in additional training to keep my skills current. I keep enough money in savings to pay the mortgage for six months. I have enough emergency food to get by for months if I had to. Aside from the mortgage, I don’t carry much debt.
And if all that failed, I’m willing to take a job that’s beneath me and live in small, crappy house if I have to. I maintain good relationships with my relatives. So, in a really last ditch resort, I could crash on my brother or sister’s couch *if* I ever really had to.
Do you ever think about what you would do if you faced sudden poverty?
I think classes on Personal Finance and Financial Planning should be required in high school; they would be far more useful the LGBTQAAZXDS9ROLFMAO hyrstory or Social Activism 101.