"Americans ain't saving enough money" - CNBC

[Wild self]

People are spending a lot more than they used to bruh...

And I'm not saying theres not a problem with wage growth stagnation

How else can you expand the economy with workers having stagnated wages? Disposable income is desperately needed to relieve stress from workers so that their 40+ hours per week actually MEANS something. Paying bills and dying just kills any motivation that the average worker has. All the while corporate taxes are damn near gone and the wealthy are making record profits and not giving back to the economy.

 

[Wild self]

Taxes take about half your money. When you get paid they take 33% off top... Then you still gotta pay tax on everything you buy and you pay tax on your house.. So whatever you get paid just cut it half..

Paying European style taxes to live in 2nd world condition, American brehs

 

[WaveCapsByOscorp™]

In my defense, I just got a house. imma start up again

 

[Sonny Bonds]

Not too long ago I was making 45k and owed money when I did my taxes. I live in NYC.

It's insane.

 

[ORDER_66]

Not too long ago I was making 45k and owed money when I did my taxes. I live in NYC.

It's insane.

Tell me about it it's like the city just squeezes you for everything...

 

[kwazzy100]

Lisa?

DENTAL PLAN

 

[Middle Finga U]

Even when you are able to put something away this grown adult life pulls you back into reality. As soon as you get some real money in you savings:

Time for new tires on the car

The hot water heater just went up

Your kid needs braces

I do need get new tires and my daughter does need braces real talk

 

[UserNameless]

Daycare--cuz both ya'll gotta work...

Ayo that daycare cost is not a game

@AceAge


Damn man ... you gotta stay safe tho . I woulda never left Chicago... shyt I’ve been wanting to move up there. My favorite city . Chicago to Newark ... yikes .



And ain’t Irvington just as fukked as Newark ?

 

[Rell Lauren]

This article again. I save at least 25% of my check each week.

 

[YouMadd?]

How else can you expand the economy with workers having stagnated wages? Disposable income is desperately needed to relieve stress from workers so that their 40+ hours per week actually MEANS something. Paying bills and dying just kills any motivation that the average worker has. All the while corporate taxes are damn near gone and the wealthy are making record profits and not giving back to the economy.

This is why I gamble on sports and crypto markets.... seeing returns that I’d have to work an entire month for

 

[AceAge]

Ayo that daycare cost is not a game

@AceAge


Damn man ... you gotta stay safe tho . I woulda never left Chicago... shyt I’ve been wanting to move up there. My favorite city . Chicago to Newark ... yikes .



And ain’t Irvington just as fukked as Newark ?

It's for work and I have to work in NY. It's for a year and a half and then I go back. Irvington is just as garbage but the rent isn't as bad. In six months I'd have an extra $5,000 laying around instead of using it for rent. I would Definitely say it is good to move to Chicago it is a fantastic city. I miss it every day.

 

[LeeDoubleLee]

This article also doesn't take into account that a lot of us are saddled with financially caring for aging parents and younger siblings.

 

[philmonroe]

You mad AF

Never and you bytches can never give a reason why. Y'all just say it like the bytches y'all are. Y'all need to stop being jealous bytches but probably lean that shyt hanging around your mom like a bytch.

 

[philmonroe]

This is why I gamble on sports and crypto markets.... seeing returns that I’d have to work an entire month for

As long as you have it under control this is a good thing. Its dudes on IG that make a killing from betting on sports. Check mazivs_ on IG dude banking from gambling but you don't know the losses either. Again as long as you don't spend essential money why not spend money you might have spent on bs trying to up your bread.

 

[NYSTATEOFMIND]

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)