Home › Forums › Money & Finance › Setting us up to fail financially › Reply To: Setting us up to fail financially
What does A MOFES mean? To add to my point the reason we see a spike in financial crimes within our community is because money is seriously getting to people’s heads. It’s a sickness. we and our children place a person’s value based on his bank account. we’re talking mainly about working families not even people that learn in kollel. To maintain a frum lifestyle a family without luxuries just to pay there bills has to earn an income of over $150,000 a year MINIMUM. Don’t believe me go check out other threads on this site. This is an insane expectation/ burden we are placing on our children for the future. The answer cannot just be to daven and have hishtadlus we have to as a community take realistic actions as to what’s a family’s needs versus wants. With prices going up far higher than salary increases this bubble we have created is going to bust sooner than later.