Bingo... credit card debt and student loans are the biggest killers for Americans
Even the so called middle to some upper classes are struggling as well.. not on a $1,000 in savings but they hurting as well do to debt
62% of Americans have less than $1000 in savings
- Thread starter Koba St
- Start date
Bingo... credit card debt and student loans are the biggest killers for Americans
Even the so called middle to some upper classes are struggling as well.. not on a $1,000 in savings but they hurting as well do to debt
Luxury Tax
Middleman Money
I'm blessed
Why is this so hard for some of y’all to believe 
The average Rent & Home prices doubled but the average income didn’t. There’s a reason why 72 and 84 mo auto loan terms are considered normal now
The average Rent & Home prices doubled but the average income didn’t. There’s a reason why 72 and 84 mo auto loan terms are considered normal now
G.O.A.T Squad Spokesman
Logic Is Absent Wherever Hate Is Present
Hence the fact that most people find money to buy their kids Jordan's and Polo yet have no college fund set up for the kids.We buy what we want & beg for what we need.
Cuz we got em all in safes like Jacques
Uptown WaYo87
HARLEM/BX
not to sound like a dikkhead, but a G isn't a hell of a lot of money in 2018. it would be pretty crazy if 60 percent of adults dont have that on hand
I live in nyc. A G aint shyt anymore. I pay 1575 for a one bedroom in the bronx smh..its a big 1 bedroom wooden floors n all but its still too much. I hear with 1575 i can live in a 3 story house in florida with a pool n everything
I blow thru 3 gs just on bills every month (rent, car insurance, groceries, cable, con ed, gasoline, phone bill, weed n alcohol i count that as well). Dont help either that i like rocking expensive shyt and this past summer i kind over did it with the bars n lounges. Back in june i spent a total of 7gs n it was just from me going out/bills smh.
Only shyt is i can only do the job (film business) i do here in nyc n its been my only work experience for the past 11 years. My job doesnt exist down south and if it does its super minimal n not as profitable as it is here
dterpsss
SOHH OG Class 2004
The net worth numbers are probably waaay worse
Con ed?
dora_da_destroyer
Master Baker
it won't, because white working class and poor people will continue to back their 1% overlords as long as it oppresses "others". they're dumb enough to believe that their whiteness alone will provide access to the upper echelon when even during the country's founding, when all there was to think about was white men, elite whites set the system up to exclude, oppress, and limit the power of the common (white) man off jump
BaldingSoHard
Veteran
Broke fukks. 
dora_da_destroyer
Master Baker
why would you liquidate high return funds when it makes sense to simply have an emergency savings you raid when necessary? unless you're a frequent trader where you're buying and selling for short term profits, your brokerage account should be left to grow/reinvested. you should have whatever amount in a high yield savings for emergencies.
Pitfalls0117
Invokana Trump
I'm gonna have to dip into my savings to cover rent during the shutdown because I'm not getting paid for the foreseeable future.
Good thing I track all my income and all my purchases and am careful to save. If I had kids, I'd be underwater
Good thing I track all my income and all my purchases and am careful to save. If I had kids, I'd be underwater
Wouldn't it be be better to have a larger liquid rainy day fund so you keep the momentum of your stocks/funds? I'm just curious cause I know some funds penalize you for taking money out early
