> Eventually most people will get sick, or have a sick kid or family member.
Thanks to cheap state health insurance I don't have to pay most of such expenses out of my pocket.
> Or be victims of crime.
This is actually much worse when you are rich. At least in my country. Rich seal themselves in closed enclaves out of fear for their property.
> Or need to make repairs
If you own thing that you can't afford to repair or replace and can't manage without, you are doing it wrong.
> suffer a natural disaster
I'm not sure about this one. It's easier to get away from some natural disasters when you can buy your place on any mode of transportation but you have to leave so much more behind you. It could make you more hesitant to leave.
> Or be involved in a dispute with neighbors or the local government.
It might be easier to buy your way out but having money makes you a target for your neighbours and for the government.
But we went from "money == freedom" to "future will bite you so better stack up a pile"
Thanks to cheap state health insurance I don't have to pay most of such expenses out of my pocket.
> Or be victims of crime.
This is actually much worse when you are rich. At least in my country. Rich seal themselves in closed enclaves out of fear for their property.
> Or need to make repairs
If you own thing that you can't afford to repair or replace and can't manage without, you are doing it wrong.
> suffer a natural disaster
I'm not sure about this one. It's easier to get away from some natural disasters when you can buy your place on any mode of transportation but you have to leave so much more behind you. It could make you more hesitant to leave.
> Or be involved in a dispute with neighbors or the local government.
It might be easier to buy your way out but having money makes you a target for your neighbours and for the government.
But we went from "money == freedom" to "future will bite you so better stack up a pile"