62% of Americans have less than $1000 in savings

[MikelArteta]

But on the coli making 53,000 a year is nothing just money to wipe your ass and anything under 100,000 a joke.

For th most part most Americans arr broke living paycheck to paycheck, just getting bye

Stop looking st instagram, Facebook its all fake

You look on Instagram you'll see w nikka with a new Audi, flashy condo and you'll be like nikka os my age and I have nothing, but you dig deeper nikka spending 90 percent of his take-home pay on his car note wnd leased condo.

 

[mamba]

But on the coli making 53,000 a year is nothing just money to wipe your ass and anything under 100,000 a joke.

For th most part most Americans arr broke living paycheck to paycheck, just getting bye

Stop looking st instagram, Facebook its all fake

You look on Instagram you'll see w nikka with a new Audi, flashy condo and you'll be like nikka os my age and I have nothing, but you dig deeper nikka spending 90 percent of his take-home pay on his car note wnd leased condo.

A lot of people living way above their means.

Driving cars that a VP of a company should be driving, yet they work at a call center!

 

[Truefan31]

It's a real problem, being debt-ridden. Sometimes people gotta learn the hard way. I went through my lumps, nobody growing up taught me about finances.

Now im in a much better place. But I wish I'd have started early in my 20s.

 

[beenz]

i saw this episode.. this broad wouldn't give up that telsa for nothing.... typical uppity chick who probably have friends who can afford that lifestyle and she has to stay on that same level..

i just can't imagine a lot of these people credit card debt

thats the shyt I dont understand. broke folks always wanna spend their last dollar to impress other people who are just as broke.

 

[mamba]

thats the shyt I dont understand. broke folks always wanna spend their last dollar to impress other people who are just as broke.

Being in a card-driven society has also warped people's idea of money. Some people haven't actually touched an actual dollar bill in a long time! It's hard to "feel" how much you're spending daily if you never actually touch money.

 

[beenz]

Being in a card-driven society has also warped people's idea of money. Some people haven't actually touched an actual dollar bill in a long time! It's hard to "feel" how much you're spending daily if you never actually touch money.

I feel u on that, but I track EVERY expenditure I make in microsoft excel manually. I have been doing this for years since before smartphone banking apps. the exercise in itself makes me totally aware of what I'm doing fiscally on a daily basis.

 

[KinksandCoils]

It's part from being underpaid and part from consumerism.



People trying to buy the lastest, greatest thing. Take iPhones for example. When the 6 came out it was such a huge deal and the phone was supposed to be so nice. Now that the 7 is out people are talking about the 6 like it won't ever shyt. Then when The 8 comes out the 7 will look People buy too much shyt too often.

Let's not even talk about clothes

 

[KinksandCoils]

That woman's mentality is disgusting! She needs to get a second job just to pay that shyt off. Shame on her for those dumbass purchases. She wants to live like she makes millions a yr but she makes thousands like the rest of us.

 

[mamba]

I feel u on that, but I track EVERY expenditure I make in microsoft excel manually. I have been doing this for years since before smartphone banking apps. the exercise in itself makes me totally aware of what I'm doing fiscally on a daily basis.

That's good, breh.

Most people don't have that type of discipline to track after swiping. They just swipe and swipe until they get hit with those overdraft fees or realize they've maxed out a credit card.

 

[Will Ross]

Most ameican dont save because of credit and the High ass cost of housing.

 

[mamba]

That woman's mentality is disgusting! She needs to get a second job just to pay that shyt off. Shame on her for those dumbass purchases. She wants to live like she makes millions a yr but she makes thousands like the rest of us.

She'd had a profitable business at one point. She just got used to a certain lifestyle and wanted to maintain it, even while broke.

Her simp ass husband also enabled more debt accumulation by financing her consumption using debt.

It's a good show.

 

[KinksandCoils]

A profitable business doesn't equal being able to afford that crap

She'd had a profitable business at one point. She just got used to a certain lifestyle and wanted to maintain it, even while broke.

Her simp ass husband also enabled more debt accumulation by financing her consumption using debt.

It's a good show.

 

[mamba]

A profitable business doesn't equal being able to afford that crap

Very true. It doesn't justify the spending. But, she was spending a lot when she had a good income stream coming in. That got cut off and she just kept spending!

 

[Crayola Coyote]

Shout out to everybody living pay check to pay check! I can't relate

 

[GSR]

people are making less than before for the same amount of output.

Costs for everything are going up and wages have not kept up with inflation.

has nothing do with spending/saving habits.

americans are simply getting squeezed by the top 10%.

if you are part of that bottom 90%, and you dont acknowledge these facts and instead make pro 1% arguments:

KILL YOURSELF RIGHT NOW YOU WORTHLESS PIECE IF shyt.