How and why are so many people struggling?

[Ezekiel 25:17]

The coli making it seem like a lot of people struggling on mortgages, car notes, credit cards, etc.

What is that so many people are struggling paying their bills and having little to no savings?

 

[levitate]

shyt costs too much.

 

[Obreh Winfrey]

People ain't got no certs, it's just that simple

 

[Him Duncan]

People just make excuses and blame everybody but themselves.

The sooner you take ownership for your wins AND your losses the better

 

[King Poetic]

No well paying jobs out here unless u are in a couple of fields

But a lot of it comes from bad money management period

I know a nikka that makes 100,000 a year, but he broke... spending money on 5 different hoes , waste money on the lottery and fat nikka can’t stopped eating out

 

[Ezekiel 25:17]

shyt costs too much.

Like what exactly? I feel like there's ways around expensive things. Going to Community College, buying cheap $15k Kia and driving till the wheels fall, not buying a new smartphone every year

 

[UncleTomFord15]

The system was set up this way

 

[kevm3]

Inflation is rapidly outpacing the rates at which salaries are increasing which equals poverty. Everyone can't be in the same 2 or 3 fields or otherwise salaries are going down.

 

[hayesc0]

The coli making it seem like a lot of people struggling on mortgages, car notes, credit cards, etc.

What is that so many people are struggling paying their bills and having little to no savings?

Since the Reagan era wealth has been stolen from the bottom 90% of people in the U.S. but whats really crazy is they figured out how to get the poor to defend the theft.

 

[King Jae]

Capitalism has to have ppl at the bottom...ppl at the top aren't that much smarter than the average person...its by design...cost of living goes up...pay stays the same...

 

[1 other person]

The coli making it seem like a lot of people struggling on mortgages, car notes, credit cards, etc.

What post are you reading. Most posters make well over 100K per year

 

[levitate]

Like what exactly? I feel like there's ways around expensive things. Going to Community College, buying cheap $15k Kia and driving till the wheels fall, not buying a new smartphone every year

Student loans
Rent/Mortgage
Daycare
Auto Insurance
Health Insurance
Gasoline
Food
Car Note

Cost of all these have continued to go up while pay stays relatively flat.

 

[mamba]

People are trying to keep up with the Joneses and are overspending.

 

[levitate]

Homes were like $5k and cars were like $750 in the 60s and shyt.

Brehs could make a nice living with factory jobs and shyt. Pensions and shyt.

Gas was fukking 10¢ a gallon and shyt.

 

[EBK String]

Late capitalism - Wikipedia