How do people with a job literally have ZERO money in their bank?

Reece

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Don't forget to invest in something. That 40K could be much more. Don't save just to save. Banks payin' .01% nowadays.

Of course.

I was an Econ major. Preaching to the choir. I just had horrible saving habits in my early 20s.
 

The Don

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That just shows you how people either live above their means or are under achievers either way you need to make a change
 

Mowgli

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I know there are poor people, but I'm specifically referring to cats who are able bodied and have decent jobs. If you got a decent gig, how in the hell do you allow yourself to be in a position where you can tell someone "I'm broke"?

Now for me, if I say "I'm broke", that means that I don't have any discretionary income that I want to spend. That doesn't mean that I have ZERO dollars. I ALWAYS have money saved for emergencies or whatever else. but I have heard plenty of otha nikkas/women claim that they have no money til they get paid for instance. how do you allow yourself to live so hand to mouth? how can you be comfortable NOT having jack shyt in case some shyt goes down?? totally irresponsible.

for instance, if I had 50K saved up, and I spent all my "allowance" that I allow myself every two weeks, then to me, I'm broke. what about ya'll?
If you have 200 dollars of entertainment money a month youre broke. My wife and i save our ass off. I tell people im broke just because my oney is tied up in the future.
 

NatiboyB

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I know there are poor people, but I'm specifically referring to cats who are able bodied and have decent jobs. If you got a decent gig, how in the hell do you allow yourself to be in a position where you can tell someone "I'm broke"?

Now for me, if I say "I'm broke", that means that I don't have any discretionary income that I want to spend. That doesn't mean that I have ZERO dollars. I ALWAYS have money saved for emergencies or whatever else. but I have heard plenty of otha nikkas/women claim that they have no money til they get paid for instance. how do you allow yourself to live so hand to mouth? how can you be comfortable NOT having jack shyt in case some shyt goes down?? totally irresponsible.

for instance, if I had 50K saved up, and I spent all my "allowance" that I allow myself every two weeks, then to me, I'm broke. what about ya'll?

I always say I'm broken when I can't buy something I want like I want a new Navigator but I can't afford it right now because I'm broke even though I have a 2012
 

beenz

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If you have 200 dollars of entertainment money a month youre broke. My wife and i save our ass off. I tell people im broke just because my oney is tied up in the future.

I wouldn't even allocate myself $200 a month strictly for entertainment, cuz I wouldn't spend that much. :manny:
 

Malcolmxxx_23

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:umad: weren't u just talking about being able to pull any hoe cuz you're over 6'?
Factual facts...I've always mentioned my height so I separate myself from the @Willstyles of this world


But u been consistently making threads about how good your life is

I can't wait when she takes half in few years

Inshallah


300



Gang gang


Glo
 

re'up

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Like many are saying financial responsibility, and planning come easy to few….and difficult to many, for many different reasons. And, everyone has different ideas, depending on so many factors,how to handle money. Some have a completely opposite view of how to handle their finances….alot comes with education, educating yourself on fiscal planning, and whatever else... and who your influences are. I have those friends that do the 'Dame Dash' where they are constantly broke, because they always overextend, and put all their paper into their ventures…leaving no cushion…..others, because of their familial background, and relative ignorance of money and finance, have M3's, and profitable family businesses but might borrow a stack or to from, me for non emergency purposes.

Others make a lot of money, but spent it as quick as it comes. Or don't know how to diversify. Or put money aside. It's just a free for all. Some just don't make very much, and are still rather irresponsible with their money. For me, 'broke' is when I don't have much discretionary funds at that moment….not when I have nothing. But, having no money is a reality to many, for variety of reasons….some I can emphasize with, others I cannot. That's crazy pressure to not have even $500 in the bank, and I know for some it's like a rush, who fukking cares mindset, they will spend their last $100 and wake up with nothing. Some are eternal optimists, who buy heavy into the American dream, that one day they will 'make it', and petty payday problems will be a thing of the past. People often underestimate how difficult responsible finance is. I am far from some type of fiscal genius, or anything close, but I learned how to handle and manage money in my early teens..when you don't have fam to help, and it's all on you, you HAVE to know those things, or you will always poor, one way or another.


'though I still feel broke with thousands in the bank, and deals on the table, I focus to stay afloat' -Nas
 

Medicate

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I know there are poor people, but I'm specifically referring to cats who are able bodied and have decent jobs. If you got a decent gig, how in the hell do you allow yourself to be in a position where you can tell someone "I'm broke"?

Now for me, if I say "I'm broke", that means that I don't have any discretionary income that I want to spend. That doesn't mean that I have ZERO dollars. I ALWAYS have money saved for emergencies or whatever else. but I have heard plenty of otha nikkas/women claim that they have no money til they get paid for instance. how do you allow yourself to live so hand to mouth? how can you be comfortable NOT having jack shyt in case some shyt goes down?? totally irresponsible.

for instance, if I had 50K saved up, and I spent all my "allowance" that I allow myself every two weeks, then to me, I'm broke. what about ya'll?

Nikka this is Amerikkka, land of blood sucking capitalists. The paychecks nowadays and the SAVINGS end up getting snaked from you in someway anyway. That's Capitalism. It guises you into thinking your Hard Work pays off, when it really takes your money right when you get it. Nikkas barely have enough time to blink before the money is gone back into the system for something or to someone. Work isn't paying off or rewarding in 2015 Amerikkka, because its not supposed to. You are a commodity to them, just as they set it up for. Its slavery by another name, but fools you into thinking you actually free, but still have a "OWNER" and a "Plantation", just under different names.
 
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