Next Recession to Destroy Millennials

[Standing on business]

nikka we already on life support through the economic boom. Not only will the recession kill us, but it will also send us to hell

 

[NkrumahWasRight Is Wrong]

@KENNY DA COOKER recyclable goods market gonna be flooded

 

[Swirv]

nikkas better learn how to fix / repair shyt as a legit gig or side hustle. That’s recession proof, people don’t buy new they just fix what they already have then.

It’s crazy because companies in my field will spend 15k on repairs for a 10 year old system instead of buying a new unit for 18 just to save that 3 grand.

YouTube been good to a Breh

 

[benjamin]

So....what the fukk do I do?

BREH I AINT EATING WE GOT 2 COME TOGETHA BREH, WE POSE TO BE BROTHAS

 

[The Intergalactic Koala]

We will be alright.

We got through with the past one and we will prevail on this upcoming one

Coli Believers can vouch on this
Non Believers go that away --->

 

[AAKing23]

All we can do is hope Trump is not at the reigns when it hits, if he gets reelected

 

[Primetime21]

So....what the fukk do I do?

1. Pay down debt. ...
2. Boost emergency savings. ...
3. Identify ways to cut back. ...
4. Live within your means. ...
5. Focus on the long haul. ...
6. Identify your risk tolerance. ...
7. Continue your education and build up skills.

7 Ways To Help Recession-Proof Your Finances | Bankrate

 

[Oatmeal]

I been working on a plan to stack $ and get into rental property. Prices have gone up so once they go down again I should be ready to go.

Folks might not be able to pay me rent though

 

[Atlrocafella]

I been working on a plan to stack $ and get into rental property. Prices have gone up so once they go down again I should be ready to go.

Folks might not be able to pay me rent though

Yup. You going to have property on your hands that’s not getting residual income once tenants stop paying.

 

[#1 pick]

How do you destroy them when they are already ruined financially... No hope at retirement and home ownership. Marriage rate is down etc.

Exactly, as a collective, millennials are already ten steps behind everyone else.

 

[Atlrocafella]

Double.

 

[#1 pick]

nikkas better learn how to fix / repair shyt as a legit gig or side hustle. That’s recession proof, people don’t buy new they just fix what they already have then.

It’s crazy because companies in my field will spend 15k on repairs for a 10 year old system instead of buying a new unit for 18 just to save that 3 grand.

As someone in IT. It's not simple to move so much data and servers to a new system. Them you add compatibility. shyt, it's a lot.

 

[CouldntBeMeTho]

I'm gravy so

 

[#1 pick]

Glad you have a game plan. Most Americans don’t and that’s where the problem lays. People just spend spend spend spend not thinking about what might happen.

Most Americans broke. I had a plan during the recession too but couldn't make enough money to actually do shyt about it

 

[ill_will82]

The next recession will fukk over everyone. It won't matter if you're old/young, blk/white, poor class/middle class.