We certainly live in a society in which perceptions seem more important than substance. College degrees are getting acquired not for their knowledge, but because they are allegedly a status symbol. For instance, in most of Europe higher education is effectively for free for EU citizens, but there are private universities too, which charge a significant amount of money for a fancy piece of paper. As a consequence, you’ll nowadays find people walking around telling others about their “20,000 Euro degree”. A product is supposedly better because it is more expensive. Well, the content of most degrees can be acquired for free. Getting that piece of paper, on the other hand, is largely a matter of jumping through the hoops of university administrators. Heck, the willingness to jump through hoops will arguably take you farther than genuine intellectual interest in most disciplines.
Considering how much people are fixated on appearances, it may not come as much of a surprise that most do not live up to the image they project. The phenomenon of the “$30,000 millionaire” is known. Things are a lot worse than that, apparently. Just like we have droves of people with “degrees” that are completely useless, we also have droves of people who just can’t handle money. Well, that’s not so bad, considering that one particular political party wants people to depend on the state, and the other wants them to be ardent consumers. Financially illiterate Susan will be screwed almost no matter what.
But now look at the following article: 62% of Americans Have Under $1,000 in Savings, Survey Finds. Even worse, 86% have less than $10,000 saved up. (Yes, I am aware that this study is most likely not representative.) How many of those people have fancy smart phones, expensive laptops, live in a MacMansion, or drive a car they bought new?
You may wonder what, if anything, this has to do with meeting chicks. Well, this blog isn’t exclusively concerned with that topic, so that objection doesn’t hold anyway. That being said, many women are big spenders and have very little money saved up (just like men). Judging from my experience, hazardous spending habits are much more often to be found among women than men, though, and if men are in financial trouble, it is often due to the spending habits of their wives and girlfriends (and those guys being fucking idiots), or alimony and child support payments. If you want your financial future to be more secure, a good first step would be to not get involved with women who spend well above their means. A cynic may add that your finances would be even more stable if you just didn’t get involved with women at all, which is true as well.