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OFF-TOPIC Homeless: Can you build a life from $25?

Discussion in 'Off Topic: Sports, Funnies, Pop-Culture' started by andviv, Feb 11, 2008.

  1. andviv
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    andviv Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Homeless: Can you build a life from $25?

    In a test of the American Dream, Adam Shepard started life from scratch with the clothes on his back and twenty-five dollars. Ten months later, he had an apartment, a car, and a small savings.


    With only $25 in his pocket, Adam Shepard spent 10 months in South Carolina, eventually landing a job, buying a pickup truck, and renting his own apartment.

    http://www.csmonitor.com/2008/0211/p13s02-wmgn.html

     
  2. Yankees338
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    Yankees338 Bronze Contributor

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    Interesting story. Rep+++

    I'd say it's a bit Slowlane, but there are some Fastlane principles within the story. For instance, setting a plan and sticking to it.

    Good find.

    Btw, does anybody else see the resemblance to "Chase" from "House, M.D." on FOX?
     
  3. Jorge
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    Jorge Bronze Contributor

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    For me, this is what is all about. Sacrifice and action.

    Good find Andres! Rep++
     
  4. Jill
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    Jill Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    I was struck by the same quote, Jorge!

    I can't tell you how many times in my life I've said to someone "OK. I see that you've defined the problem. Now let's design the solution." Much to my chagrin, most folx just want to continue re-defining the problem. This is probably the biggest thing, in my experience, that keeps the majority from ever finding the fastlane.
     
  5. GoldenEggs
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    GoldenEggs Contributor

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    We had someone live with us last year. We had this incredibly smart, well-mannered and also very pretty girl stay in our home. In exchange for room and board, she would do the housework, work on our e-commerce website and watch my father-in-law when my husband and I went out. She had no money but wanted to turn her life around. We ended up letting her go but when she left us, she had a brand new laptop she bought herself, reinstated her driver's license and opened her own bank account with money in it.

    It was very gratifying to be able to help her but I think she lacked the discipline to see it through.
     
  6. EasyMoney_in_NC
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    EasyMoney_in_NC Contributor

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    Great story. I wonder though, even though he doesn't "use" his education or contacts in his quest, does the fact that he HAS an education direct him in ways that the average "will work for food" crack-head wouldn't even be able to ponder? Its inspiring to know that it (survival and prosperity)may be possible from such a low point. Doesn't say a whole lot for those that choose a life of government housing and welfare.

    Cool story, thanks for sharing :thumbsup:
     
  7. 8 SNAKE
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    8 SNAKE Contributor

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    I had a similar thought. To me, the biggest advantage that he had was his experience living a "normal" life prior to the experiment. That's not to discount his journey, but there's no way that he wasn't impacted by his life prior to this exercise. I liken it to many posts on this forum by people who have become financially free saying that they could do it all over again if they had to start from scratch. They've got the mindset and the experience to rebuild themselves much the same way this guy did.

    I see a great parallel between this story and the transition into life in the fast lane. People who have experienced the fastlane can repeat their successes and prove that it's definitely not a fluke, much the same way the author of this story proved that anyone can emerge from homelessness and build a life. The problem is getting people to change their mindset and attitude to allow either transformation to take place.
     
  8. EasyMoney_in_NC
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    EasyMoney_in_NC Contributor

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    I'm not so sure he proved ANYONE could emerge, which was my point above. This guy is definitely ahead of the curve because of his education and apparent "well off" upbringing. He's not a typical homeless person. He proved that a person can come from nothing, yes, but how much influence did his prior life afford him. I would have liked to see him really get into it and get hooked on and recover from drugs. Or go to jail for robbery, anything.....

    Look at those survival shows on Discovery channel. ........
    Of course the guys survives, thats the show! So what if you drop him in the middle of BFE with nothing but his clothes, this is what he knows, how he thinks, how he survives. That was sort of the way I looked at this story. Interesting it theory, but what about those underlying knowledge?

    Still nice to know if I ever hit the skids, that it is possible to triumph :)
     
  9. phlgirl
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    phlgirl Bronze Contributor Read Millionaire Fastlane

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    I will preface this by saying that I have no knowledge, as to the actual statistics.

    In PHL, my mom and I used to volunteer at a homeless shelter. I was constantly amazed at how many of the patrons had not only a high school degree but often one or multiple college degrees.

    I'm no expert, but it seemed to come down to mental issues. Something major went wrong in their life (lost their job, got a divorce, someone died) and they started drinking/drugging, whatever and just never had the strength to recover. It seemed like they had all the pieces but just could no longer make the puzzle fit together. No hope, no desire.

    Many of them had the 'normal' life beforehand but for some reason had given up on themselves - they no longer felt that they deserved it?

    Good find, andviv. Great to know it is possible.
     
  10. kurtyordy
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    kurtyordy Bronze Contributor

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    I think this should be good for those who are on the fence, over analyzing deals, and not taking action.

    Take $25 and put it in a safe place. Now, if hell breaks loose and all the worst things happen, you know that you can recover. So now that you have the worst case covered, go out and take some educated risks, start the journey, take action. Stop sitting still. If you get scared, think to yourself, "Self, what is the worst that could happen?" Well you could be homeless with only $25 and the clothes on your back. Well now this guy just proved that you can come back from that, so what is stopping you?

    rep+ for great find
     
    Bobo, bflbob and Jito like this.
  11. PEERless
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    PEERless Bronze Contributor

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    Rep.+

    Let's risk everything, because this guy increased his initial investment by 20,000% in less than one year! Plus an apartment!! Plus a truck!!! What the hell have I been doing wrong?

    I would give some more thought to the fact that his experience and attitudes DO equate to an advantage, but I'm not sure it's measurable.
     
  12. Jito
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    Jito New Contributor

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    This is an awesome point. Rep for you my friend.
     
  13. bflbob
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    bflbob Bronze Contributor Read Millionaire Fastlane Speedway Pass

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    I missed this until now.

    Rep++ for thinking of it this way.
     
  14. Jill
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    Jill Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    I've argued this many times with people who believe that the station into which you are born dictates where you will have to spend your life. In some cultures, that is true. I've just never bought into it though, in our culture. Maybe I'm naive. While I was not "to the manor born", I was afforded certain advantages: Loving, supportive home environment; parent-paid college education, etc. So I lose credibility in the argument.

    But I can then easily point to my parents who were NOT priviledged in any way, and yet they overcame crazy odds to "make it". No need to elaborate at this point. But I do think it has a lot to do with expectations. They decided to have and provide for their children a different life than that to which they were born. Then they did it.

    When we moved into our new neighborhood recently, surrounded by other 5K sq ft houses, my husband was curious as to why I wasn't as giddy as he was. After several long talks over many long walks (and a few bottles of wine), we figured it out. He'd never dreamed of it, whereas I'd always expected it. I love our lifestyle; I'm just not surprised by it.
     
  15. kimberland
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    kimberland Bronze Contributor

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    I don't really understand the experiment.
    Isn't this how most people start off?

    Chicken and rice-a-roni?
    I spent a year living off of no-name cheez whiz and white bread
    (for EVERY single meal).

    Asks the gal who grew up without running water...
     
  16. Jill
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    Jill Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    But I'm guessing that somewhere along the way, you developed the belief that you too could have more? Right? Comes back to one's expectations.
     
  17. EasyMoney_in_NC
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    EasyMoney_in_NC Contributor

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    Which is exactly why government subsidies (welfare etc) should be abolished. Come to expect a hand out........'nuf said!
    Come to expect a higher level of life (and have the knowledge to know how to get it) and you achieve it.
     
  18. kimberland
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    kimberland Bronze Contributor

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    Completely agree (coming from low, low, okay no income).
    Long term government subsidies are pretty darn insulting.
    It is like your own government doesn't even think you can support yourself.
     
  19. Jill
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    Jill Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Right. For fear of getting political, I won't dive too deep here. But I do think that what you said is true. I'll be willing to write in an exception clause, however, for the elderly and the (truly) infirm who did all the right things, then got blindsided when they were beyond their "productive" years.
     
  20. EasyMoney_in_NC
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    EasyMoney_in_NC Contributor

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    Oh sure, but that's a completely different story. I'm not talking about social security (which will be gone in the coming years, but I digress), medic aide etc.....
    I'm talking about section 8 residents and public housing and welfare. People that bring up generation after generation of families on our dime! We don't need to make this a political discussion. It all comes down to values :)
     
  21. kurtyordy
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    kurtyordy Bronze Contributor

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    On further reflection, I found a flaw in my thinking. This can be applied to the single, but what about the married guy/gal, with or without kids. I be curious to see the results of a comeback at that level, and the impact on the family. Maybe Legacydad just has me thinking too much that direction.
     
  22. CarrieW
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    CarrieW Gold Contributor Read Millionaire Fastlane Speedway Pass

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    I agree kurt.

    if not for my kids theres alot of things I could do that I wouldnt attempt to do with them.
     
  23. andviv
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    andviv Gold Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    bump

    I remembered this story today, I don't know for what reason...
     
  24. fanocks2003
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    fanocks2003 Banned

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    Would he be able to coop with very, very bad credit as well:)? Bad credit automaticly erases you from the "renting" map and other credit giving places. That would have made it harder for him. I just thought it would be pretty interesting as an experiment. Especially for those who now need to leave their sub prime homes.

    Would he be able to coop with this without support from friends and family and being helped by their good credit:)?

    I like to test the hardest ways just to see if it can be done. The harder, the better. Because you become sharper doing it, even if you ultimately want to shot yourself after a while doing it. I might be a self-sadistic guy:) (like to somehow punish myself in the name of science...hehe).
     
  25. Jill
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    Jill Silver Contributor Read Millionaire Fastlane FASTLANE INSIDER Speedway Pass Summit Attendee

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    Not a huge problem, especially for a single guy. Stay in the free shelter until you've saved enough to rent a room from someone's house or from someone else whose name is already on the lease. I've done this before when traveling on business when I needed only a short-term place to live (2-3 months).

    Initially, perhaps not. That's easily remedied by making new friends.

    I've often thot I'd like to do something like this just to prove it can be done. But at this point, it's not likely (and hopefully, will never be necessary!)
     

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