"Americans ain't saving enough money" - CNBC

BlackJesus

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:mjgrin: DO ALL THAT SAVING THEN DIE.

NAH fukk THAT.

IM GONNA BALL OUT WHILE IM IN MY PRIME.

fukk TOURING THE GLOBE AS AN OLD MAN.

IM GONNA DO THAT NOW.

YOU CANT TAKE NONE OF THOSE SAVINGS WITH YOU WHEN YOU DIE.

ILL NEVER LOOK FORWARD TO RETIREMENT
UNLESS ITS A VERY EARLY RETIREMENT
BECAUSE THAT MEANS
YOURE AN OLD ASS MAN.

IVE SEEN TOO MANY BLACK MEN
DIE NOT LONG AFTER RETIREMENT.


:devil:
:evil:


I hope you don't have or plan on having kids to pass whats left of your assets to.

This selfish, short-sighted mindset hurts black people at large.
 

Wild self

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I hope you don't have or plan on having kids to pass whats left of your assets to.

This selfish, short-sighted mindset hurts black people at large.

I said the same thing. "I came from nothing, therefore my kids can do well"

That's just :hhh: any way you cut it.

Like, some people believe that passing down assets and businesses is a bad thing for your kids. :dwillhuh:

Your legacy doesn't stop when you die if you have kids. Your name and genetics will live on long after your pass. By not doing extra measures that your grandkids will have a better life, is like you don't give a fukk about your existence or the well being of your loved ones.
 

threattonature

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It's always some shyt. I definitely regret being too generous with family. I had paid all my debt off. Student loans and car was paid off. Then "loaned" about 4K to family. Then had to get ankle surgery plus all the work that went into after, even with insurance that shyt cost a lot out of pocket. Finally passed my car down to my daughter and got me a new one. All that shyt hit in like 6 months that drained my savings and now put me back playing catch up. Bright side for the future is I am sitting at over 200K in my 401K.

Part of it was my own doing as I took a lot of vacations over the last year and a half which I had accounted for and would've been good with if the other shyt didn't hit.
 

CrimsonTider

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I mean alot of people live beyond their means tho. Living in LA, driving a BMW, rocking Gucci Belts all while working a mid level job. It's not all about the cost of living but that's a huge reason too.


This isn't the norm. you pocket watching and hating. foh
i hate articles like this to a point.. like you should have your salary saved by 30 , double by 40, etc..

well majority of people are not making 75,000 a year plus...

or how about situation like employees at enron or investmets put into filthy brokers like madoff , etc

i have a couple from houston living on my street 62 years old both working because their total savings got fukked by enron...

These articles totally ignore LIFE

Yall spend a bunch bullshyt though...DONT FRONT.

Smartphones,

Netflix

Uber

Fast Casual food

Amazon

etc
Nothing you named is bullshyt
altho its clear wages are stagnant and havent kept up with inflation....you sure cant tell by the mall parking lots..everyones broke but these malls are still flooded with people (at least out here in the philly burbs)

So because people are at the mall it means that they are managing their finances? WTF.



:mjgrin: DO ALL THAT SAVING THEN DIE.

NAH fukk THAT.

IM GONNA BALL OUT WHILE IM IN MY PRIME.

fukk TOURING THE GLOBE AS AN OLD MAN.

IM GONNA DO THAT NOW.

YOU CANT TAKE NONE OF THOSE SAVINGS WITH YOU WHEN YOU DIE.

ILL NEVER LOOK FORWARD TO RETIREMENT
UNLESS ITS A VERY EARLY RETIREMENT
BECAUSE THAT MEANS
YOURE AN OLD ASS MAN.

IVE SEEN TOO MANY BLACK MEN
DIE NOT LONG AFTER RETIREMENT.


:devil:
:evil:


I hope you don't have or plan on having kids to pass whats left of your assets to.

This selfish, short-sighted mindset hurts black people at large.

The people that get left with your assets are going to spend that shyt right away because they didnt earn it. So the assets you spent a lifetime acquiring are going to be spent on bullshyt in an instant
 

BlackJesus

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The people that get left with your assets are going to spend that shyt right away because they didnt earn it. So the assets you spent a lifetime acquiring are going to be spent on bullshyt in an instant

That must be why rich white families maintain their wealth for multiple generations like the Waltons, Johnsons, Rothschilds etc.

Keep thinking that.

I am so done with you backwards-thinking black people.

Come up with excuses for why you're passing nothing onto your children brehs.
 

Wild self

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That must be why rich white families maintain their wealth for multiple generations like the Waltons, Johnsons, Rothschilds etc.

Keep thinking that.

I am so done with you backwards-thinking black people.

Come up with excuses for why you're passing nothing onto your children brehs.

B b but I don't understand :childplease:
 

NYSTATEOFMIND

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This isn't the norm. you pocket watching and hating. foh


These articles totally ignore LIFE


Nothing you named is bullshyt


So because people are at the mall it means that they are managing their finances? WTF.

WTF you talkin about.. im juxtaposing the gloom and doom vs the consumerism of these "broke" people....these people I see arent buying necessities- these malls Im referring to are high end places or shoe stores etc
 

CrimsonTider

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That must be why rich white families maintain their wealth for multiple generations like the Waltons, Johnsons, Rothschilds etc.

Keep thinking that.

I am so done with you backwards-thinking black people.

Come up with excuses for why you're passing nothing onto your children brehs.
Are you that stupid to compare the Waltons and Rothchilds to people working 9-5s?
 

BlackJesus

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Are you that stupid to compare the Waltons and Rothchilds to people working 9-5s?

Little nikka. :snoop:

Assets are assets. Whether you got $1000 or $1,000,000 you pass that shyt on to your children. I mean fukk, the least you can do is pass on your home.

The same principle applies whether you are a Walton or regular dude. The Walton family did not start off rich. Sam Walton started with one store and built it over a lifetime, then passed it on to his kids.

nikka you don't get principles. That's really the underlying issue.
 

Ya' Cousin Cleon

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Little nikka. :snoop:

Assets are assets. Whether you got $1000 or $1,000,000 you pass that shyt on to your children. I mean fukk, the least you can do is pass on your home.

The same principle applies whether you are a Walton or regular dude. The Walton family did not start off rich. Sam Walton started with one store and built it over a lifetime, then passed it on to his kids.

nikka you don't get principles. That's really the underlying issue.

Sam Walton made money working for his brother at a mortgaging firm closing down farms during the great depression

you're the one not seeing the bigger picture

in order for these cacs to maintain serious wealth it comes to the detriment of other people.
 
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