The difference between rich students and those normal ones.

August 12th, 2008

The Average New Zealand student:

Owes $28,000+ in Debt.
Lives away from home.
Receives little financial support from family.
Works part time. (around 15 hours a week) often for minimum wage.
Doesn’t qualify for a student allowance.

The rich student:

Owes nothing in debt. Either their parents have paid their entire way through or they have a scholarship (often because their parents have paid for extra school lessons).
Either lives at home or away from home. Pays nothing in rent because parents cover it all.
Receives full financial support from family.
Doesn’t work part time. They can therefore spend more time on studies and do better.
Qualifiers for a student allowance because their families have creative accountants who tie all the money up in trusts, investments, and company expenses.

My situation:

32,000 in debt.
Lives away from home.
Receives no financial support from family.
Worked 20 hours a week while studying.
Did not qualify for a student allowance.

The Definition of Poverty

March 13th, 2008

The state of having little or no money and few or no material possessions

With this in mind I have to ask is the following quote poverty?

From now on, I am deemed poor… coz I have money I can’t touch…

Is having you can’t touch poor? I don’t think so. If you put up a barrier to money that you have that is your that is your problem. You are not poor. You are simply acting.

Say I was to have $10,000 and I decided to lock $9,900 away into a six month term deposit. I only have $100 left. Can I honestly claim that I am poor. NO. I am not poor I have simply decided to be stubborn with my money to try and claim some sympathy. It is Disgusting Behavior. NOT because you have money. But because that you have money and at the same time you are trying to claim that you don’t. It is deceitful and lying to say that you are poor.

Keep falsehood and lies far from me; give me neither poverty nor riches, but give me only my daily bread. Proverbs 30:8 NIV