Nearly 40% of Americans can't cover a surprise $400 expense

[wastedmermaid]

Better than what places? Better than other 3rd world countries? Perhaps, better than 1st world countries? NOPE

3rd world...

 

[The Exchanges]

Depends on what the expense is for.

 

[Contrefaire]

I don't know why this conversation always pivots back to iPhones, restaurants and Jordans. The majority of American's aren't unable to cover a surprise expense because they lease a phone for $12 a month and go out for 2 for $20 at Applebee's once every blue moon. They can't save it because they don't have it to save.

What part of wage stagnation, job insecurity and rapidly rising COL do some of y'all mfs not understand?? A bad bout of Pneumonia can wipe out a decent savings within a matter of weeks and can put you on the streets if it goes on long enough. But it's Nike and Chic-fil-A that's breaking the bank .

Are some people just shyt with money? Of course, but lets not pretend that a large chunk of this country can't cover an expense like this because they have an iPhone or whatever the fukk else minor little thing. Not in the face of medical, educational and insurance expenses rising exponentially. Not when the people in power and their backwards thinking lackeys are doing everything they can to demonize and dismantle unions and paint anyone demanding fair pay as a lazy socialist looking for a handout.

Y'all really on some other shyt. Got them bootstraps you love so much damn near wrapped around ya necks.

 

[5n0man]

Also, I can’t have sympathy for anyone who claims to be broke but they keep on having children. I’m talking about married couples as well as single parents.

Man I work with people pulling dual 60-100k salaries getting bodied by childcare costs. One of my coworkers is dropping $1500 A MONTH in daycare costs. Combined with DC's high COL that shyt is killing them.

My other cousin and his wife both live in DMV and combine to make $180,000 a year and has 2 kids, but they living check to check, cause of child care and his wife wants to compete with her girlfriends and their husbands

Do yall know how crazy yall sound talking about people making upwards of 6 figures being irresponsible for having kids?

Do yall think only the wealthy should have children?

Any couple with a combined income of 75k or more should be able to afford to raise children in any place in this country, the fact they cant speaks to serious issues with this country.

 

[newworldafro]

I can believe it. Alot of Americans are basically indentured servants some just have nicer stuff . Most of our money is accounted for before we even earn it. This check I have to pay my rent/mortgage, utilities, grocery shopping,credit cards/student loans etc.. Next check I have to pay my life insurance, health insurance, car insurance, car note, etc.
And we basically live trapped in this cycle till we die

You have kids and/or wife or live in girlfriend?

 

[Mike Nasty]

Any couple with a combined income of 75k or more should be able to afford to raise children in any place in this country, the fact they cant speaks to serious issues with this country.

That they are willing to go broke to avoid public schooling.

 

[5n0man]

I never understood daycare?

nikka it was 3 of us i was never in day care in my life neither was my siblings. We stayed over cousins, godmama, church friends, neighbors, grandparents cribs when my folks had to work.

You can’t tell me everybody don’t got an older auntie they can throw $50 to watch they kid

Not everyone lives close enough to family that can afford to watch your kids whenever you need.

The closest family between me and my wife that we'd trust with my son lives over an hour away from me in Los angeles. I cant afford to live in Los angeles so either daycare or have my wife quit her job.

 

[ThrobbingHood]

First you said 40% went to your rent bills and food etc, now it's 40% only went to rent.
Most adults have a car and 1 or 2 children, it's easier to save money when u living the bare minimum with minimal responsibilities

Ok fam. If you think I’m lying and that helps you sleep better at night then do you breh.

 

[ThrobbingHood]

Millions of folk have jobs that arent reachable by walking or public transportation. I work from home now but i used to have to drive 45 minutes to work. A car is a necessity in many parts of the country.....now you gotta pay gas, insurance and possibly a car note

Rent and utilities are high as hell in a lot of the country so even just those two ate breakin nikkas bakks in 2019. Places are nowhere ascheap as they used to be in 2009 and thats not just in major cities either

Lot of jobs are paying ppl super shyt pay for hard work and rarely give a raise and if tbey do its like 3%. Ppl look for better gigs but so are thousands of other ppl and there arent that many good fulltime jobs anymore which is why the gig economy is so big

And thats assuming you have no kids.....once kids are involved, expenses get crazy

I can only speak for myself. I planned carefully every step of the way. I didn’t buy or create humans knowing I’d struggle at that point in life. And I invested in myself so I wouldn’t be working jobs where I’m being paid the bare minimum to do hard manual work. It’s a tough world but someone has to do it.

 

[ThrobbingHood]

Yeah you figure a car note + gas + full coverage. That's gotta be $600 a month

It depends on the value of the car and what you can afford.

 

[ThrobbingHood]

Do yall know how crazy yall sound talking about people making upwards of 6 figures being irresponsible for having kids?

Do yall think only the wealthy should have children?

Any couple with a combined income of 75k or more should be able to afford to raise children in any place in this country, the fact they cant speaks to serious issues with this country.

Where in my posts or any of the ones quoted say that?

If you’re struggling to raise a child, then stop having more and complaining.

I know shytty wealthy parents and I know parents who are on average incomes and yet they hardly struggle financially.

I agree that the cost of raising a child is ridiculous and should be addressed but if people know that, why keep on having children if you know you can’t handle the financial responsibility?

Having children is a choice, not a right.

 

[5n0man]

That they are willing to go broke to avoid public schooling.

The fukk does this even means?

 

[Uitomy]

The fukk does this even means?

Yeah and so the kids get shipped off to the wolves and indoctrination of the public school system, honestly people can only do so much, lots of families just deal with what they got now

 

[Luck]

All I’m going to to say this is the same shyt I say to a lot of these threads...there’s a lot of nikkas, immigrants / Mexicans, and whoever else siting on a bank roll of unreported straight cash because they don’t trust / fukk with banks like that...

So I take these polls with a grain of salt. A lot of “broke” people ain’t as broke as you think they are...

what makes you say that?

Why is your bytch ass avoiding that thread about Mexicans specifically targeting blacks for killing sprees in LA when them dikk suckers so vocal everywhere else...?

 

[5n0man]

Where in my posts or any of the ones quoted say that?

If you’re struggling to raise a child, then stop having more and complaining.

I know shytty wealthy parents and I know parents who are on average incomes and yet they hardly struggle financially.

I agree that the cost of raising a child is ridiculous and should be addressed but if people know that, why keep on having children if you know you can’t handle the financial responsibility?

Having children is a choice, not a right.

I never said you personally said that.

You started the conversation about not feeling sorry for people who keep having kids(reasonable if these people are poor)

The other posters came in agreeing and giving examples of people they know that are making between 60-180k with two kids, and are getting ravaged by the cost of child care.

That speaks to how ridiculous the cost of living in this country have really become, not how irresponsible they were by having children.