the cac mamba
Veteran
"Banks only got yo money insured if you have over 50 grand in there"
no, he fukkin didnt
How do people with a job literally have ZERO money in their bank?
- Thread starter beenz
- Start date
no, he fukkin didnt
"to lose"This shyt is sad to read
its like America wants the young nikkas to lose
naw bro, they want u dead, in a cage or a humble servant
Klyk21
Hate is Rising, Love is Dying....
He said, over 50, well it's up 250k. They got you insured UP TO 250K...you're not going to lose any money unless it goes over nikka damn. What the flying fukk"Banks only got yo money insured if you have over 50 grand in there"
no, he fukkin didnt
HookersandIceCream
#TeamOrange
People need to spend less time focusing on saving more and spend more energy trying to EARN more by doing LESS work...
What's the point of being in a good financial situation if you're sacrificing actually living a life worth living in your youth?
What's the point of being in a good financial situation if you're sacrificing actually living a life worth living in your youth?
I know one girl who has two jobs, doesn't have to pay her tuition, and only has to buy breakfast/lunch and pay for gas for her Volkswagen (small car), and she's broke every single week. She shops for no reason, gives a ridiculous amount of money to church and just doesn't have any money management skills. Credit or debit she manages to show a complete lack of any financial knowledge.
I try to save $50 every two weeks working my low paying work-study, but other expenses pop up fairly frequently. Still. By the end of the year I usually save about $1200 (this has been going on for about a year and a half).
I can understand why someone would just break even monthly, but I'm trying my absolute best to make sure that's not me.
I try to save $50 every two weeks working my low paying work-study, but other expenses pop up fairly frequently. Still. By the end of the year I usually save about $1200 (this has been going on for about a year and a half).
I can understand why someone would just break even monthly, but I'm trying my absolute best to make sure that's not me.
Kyle C. Barker
Migos VERZUZ Mahalia Jackson
dap and quote.
Like I said in an earlier post, instead of cutting my cable and getting rid of my car to save $400 a month I went out and got a better paying job to improve my comfort of living.
I'm actually wondering this too, and no one seems to have a good answer.
The kind of parents who kick their kids out of the house as soon as they turn 18 are usually terrible parents to begin with, and weren't exactly giving their children the best chance to flourish.
If you're living on your own, every penny is going toward eating and not getting evicted. A car is not usually an option, and two jobs are usually what they're looking at. Saving money when there is barely anything coming in is incredibly difficult, if not impossible. And how much money could be saved after rent, bus fair/train fair, food, utilities, basic phone/internet, basic clothing and necessities/toiletries? If the person is trying to glo up they may move toward community college and that will eat up almost every else, if not everything else. How long would it take for the person to get out of this cycle?
A long time I'd imagine.
Its easy to save up if you had great parent(s) who helped you out, the opportunity for a college degree and a pretty good job/career afterward, but if you're starting from the absolute bottom, its incredibly difficult.
AlwaysLurkin
Superstar
Thats why I don't wanna move out cause im saving 1200-1400 per month...I need to enjoy life more and experience having my own place.I know I would feel broke tho if I move out....decisions
Saysumthinfunnymike
VOTE!!!
Everyone's situation is different. I know people who make a lot more than me and they have nothing in their bank account because either they are terrible with managing their money or maybe they have other circumstances that are holding them back. A lot of shyt can happen and if it happens all at once... there goes your savings. You just never fukking know. That's why it pays to be smart with your money though. You really do need emergency funds if you have the option of doing that. 
ShenJingPoQi
All Star
Klyk21
Hate is Rising, Love is Dying....
It's 250k per deposit
" I know he wong....he wong" ass nikka's. Ya'll surely didn't learn anything from Washington Mutual back in 2008 did you.
HookersandIceCream
#TeamOrange
" I know he wong....he wong" ass nikka's. Ya'll surely didn't learn anything from Washington Mutual back in 2008 did you.
https://www.fdic.gov/deposit/deposits/faq.html
Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank?
A: Yes. The FDIC insures deposits according to the ownership category in which the funds are insured and how the accounts are titled. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Deposits held in different ownership categories are separately insured, up to at least $250,000, even if held at the same bank. For example, a revocable trust account (including living trusts and informal revocable trusts commonly referred to as payable on death (POD) accounts) with one owner naming three unique beneficiaries can be insured up to $750,000. See the Your Insured Deposit brochure for details.
Klyk21
Hate is Rising, Love is Dying....
https://www.fdic.gov/deposit/deposits/faq.html
Q: Can I have more than $250,000 of deposit insurance coverage at one FDIC-insured bank?
A: Yes. The FDIC insures deposits according to the ownership category in which the funds are insured and how the accounts are titled. The standard deposit insurance coverage limit is $250,000 per depositor, per FDIC-insured bank, per ownership category. Deposits held in different ownership categories are separately insured, up to at least $250,000, even if held at the same bank. For example, a revocable trust account (including living trusts and informal revocable trusts commonly referred to as payable on death (POD) accounts) with one owner naming three unique beneficiaries can be insured up to $750,000. See the Your Insured Deposit brochure for details.
We aint talking more than nikka! We said up to!!! Reading is fundamental....don't try to pick and choose which fukking question you can agree with. This ain't the bible nikka. And that's 3 seperate "trust" accounts. You need to read thoroughly before headbutting into a conversation with non-sense, jackass.
That was the original misconception....so have a good night
My job...we went from getting guaranteed 30 hours to being cut down to fukking 12 hours....
They ended implementing a new system where we do the work that used to take 8 hours and they wanted us to do it in 3 hours...on $9/hr
The area where I live is garbage for jobs too(Atlantic City area) ..which is why i'm leaving this bullshyt state but that is another topic.
They ended implementing a new system where we do the work that used to take 8 hours and they wanted us to do it in 3 hours...on $9/hr
The area where I live is garbage for jobs too(Atlantic City area) ..which is why i'm leaving this bullshyt state but that is another topic.