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2 The Tenets of Wealth

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I found a house that I would really live in and I [couldn’t] do it on my own … [My oldest child’s father] was wonderful. He loaned [the down payment] to me and I paid him back … I love this house. It’s sort of the first step I really made on my own with my children—independent, big stuff. Everything in here I chose … I put so much love and personality [in it] for the children, I just don’t ever want to leave it. I just hope things work out [financially so I can hold on to it].

Kim Johnson, the owner of a modest home in a Charleston suburb, quoted in Edin 2001: 211

I’ve been told to pay the full year’s rent up front. If I could do that, would I be so deep in debt? … I’ve spent over $14,000 in the past 3 years, servicing my debt instead of going to the doctor. I’m 28 years old, and I’m worse than broke.

Randy Carter, communications professional, quoted in Draut and Silva 2004: 13

Starting five years ago, it was like, wow. You know, we have all this friggin’ money. We sold [some assets]. We were getting fourteen thousand a month from [family sources]. And I have, like, just all this money in investments. Like, I don’t know, a million dollars. And I’m like, “Well, I guess I can buy this leather coat for five hundred dollars. I mean, I really love the coat.”

Nadine, quoted in Sherman 2017: 109

Wealth

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