In your opinion, why do so few people believe they can achieve financial freedom?

[Sad Bunny]

What Is Financial Freedom? Financial freedom means you get to make life decisions without being overly stressed about the financial fallout of those decisions. That's because you're financially prepared for whatever life throws your way—you have no debt, you have money in the bank, and you're investing for the future.

 

[Sad Bunny]

Because they haven't defined what "financial freedom" means, nor a plan to achieve it.

"Become an entrepreneur !!" sounds great but that's not a plan, it's an idea.

What Is Financial Freedom? Financial freedom means you get to make life decisions without being overly stressed about the financial fallout of those decisions. That's because you're financially prepared for whatever life throws your way—you have no debt, you have money in the bank, and you're investing for the future.

 

[Ezekiel 25:17]

I get that. We know that and can afford it but millions of Americans can’t.

What’s the average income? Then add your monthly expenses? It’s not possible for people to have financial freedom

This is some ignorant shyt to say. You don't know people personal lives, so you can't paint a broad brush and say financial freedom is impossible.

Dudes get one lucky break and think they have it figured out and nothing can't happen to them. One sickness or accident or calamity(as we seen with covid) can wipe your shyt clean out. Its been the case with alot of Americans since the pandemic.

Kobe Bryant had it all figured out and made more than the whole coli combined and look what happened to him. You cant predict how life gonna turn out. Especially with how fragile this shyt is.

Every white person at my employer is average as fukk and they all retiring at 65. I've been to their houses and know what they drive. These people live modest as hell and are well on their way to financial freedom

 

[Ezekiel 25:17]

Some of the shyt these nikkas believe in this thread is wild lol. We know it's been a huge wealth transfer over the last 40 plus years but they like well everyone is just making trash decisions and lazy. I'm not sure these people know anyone in the real world lol. It's pool out here that do nothing but work hard and can't even afford the essentials each week and I mean a lot of them.

So despite having all the time in the world as a youth, most of the population couldn't make one good decision towards financial freedom?

There's College, Jr. College, Trade School, Military, IT, Truck Driving

 

[O³ (O cubed)]

Because it requires a lot of hustle.

 

[50CentStan]

Because everyone can not have financial freedom. It wouldn't be sustainable.


To me financial freedom is not having to go to work/have a job.

 

[Prodyson]

FHA loan only requires a 3% down payment.

Some banks offer 0 down.

There are 100-200K houses out there.

It’s not impossible.

I don’t think you can use an FHA loan for investment real estate. Isn’t it just for first time homebuyers?

Edit: Just saw you and the guy you quoted were talking about different things

 

[Chip Skylark]

This is some ignorant shyt to say. You don't know people personal lives, so you can't paint a broad brush and say financial freedom is impossible.




Every white person at my employer is average as fukk and they all retiring at 65. I've been to their houses and know what they drive. These people live modest as hell and are well on their way to financial freedom

Since you’re going through the thread read the rest of my posts and not just a piece. And I meant to say majority. Majority of everyone will not! That’s just the reality of life


And as far as every white person being on their way to financial freedom? Why? It’s not just them being modest. There’s a multitude of variables you’re leaving out that we all know. You don’t know what they’ve inherited, you don’t know their upbringing, you don’t know what outside source of income they have. That’s a very ignorant thing for you to say to demean an entire board of people on here that are telling you their reality.

The wealth gap is growing for a reason. Why? And you’re up here telling people that white folks are flourishing only because they’re being modest ?! Man stop it.

 

[Ezekiel 25:17]

Since you’re going through the thread read the rest of my posts and not just a piece. And I member to say majority. Majority of everyone will not! That’s just the reality of life


And as far as every white person being on their way to financial freedom? Why? It’s not just them being modest. There’s a multitude of variables you’re leaving out that we all know. You don’t know what they’ve inherited, you don’t know their upbringing, you don’t know what outside source of income they have. That’s a very ignorant thing for you to say to demean an entire board of people on here that are telling you their reality.

What I don't understand is how are people not achieving financial freedom. What were they not doing as a youth or young adult to get to that point?

Would y'all agree there's several ways to make money outside retail and fast food?

 

[Sad Bunny]

Because everyone can not have financial freedom. It wouldn't be sustainable.


To me financial freedom is not having to go to work/have a job.

Word. To me it’s being debt free and not having to depend on a job.

I don’t mind having a job but I don’t want to be shook when layoffs happen.

I just wanna be debt free but it’ll take a lot for me to knock my mortgage quickly. Investing is the better choice.

 

[Chip Skylark]

What I don't understand is how are people not achieving financial freedom. What were they not doing as a youth or young adult to get to that point?

Would y'all agree there's several ways to make money outside retail and fast food?

everyone’s situation isn’t the same

The average income outweighs the costs of living. Add that to most people who are born into poverty and families who don’t specifically have financial freedom and more are being buried by the cost of just existing.

We live in a capitalistic society that preys on the poor.

Covid made me realize how bad it was as a landlord with tenants telling me that they couldn’t cover rent and loss their jobs during that period. Man by the grace of the old gods and the new my wife and I are stable but I’ve read how some landlords were pieces of shyt and didn’t have the heart we do

 

[Ezekiel 25:17]

I apologize for getting riled up but I get what you’re trying to do but everyone’s situation isn’t the same.

The average income outweighs the costs of living. Add that to most people who are born into poverty and families who don’t specifically have financial freedom and more are being buried by the cost of just existing.

We live in a capitalistic society that preys on the poor.

What jobs are paying below cost of living? Why are people working those jobs and why haven't they tried moving up?

 

[Chip Skylark]

What jobs are paying below cost of living? Why are people working those jobs and why haven't they tried moving up?

Idk if you’re serious or trolling

 

[Ezekiel 25:17]

Idk if you’re serious or trolling

I'm very serious, this is a debate I have interest in. What jobs are paying below the cost of living and why haven't people left those jobs for better paying jobs?

 

[Elim Garak]

Idk if you’re serious or trolling

All I know is he gave me a new nikka to ignore lmao.