The average American will have spent $2,000 for the 2024 holiday season and many will use credit

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  • Опубликовано: 25 дек 2024

Комментарии • 166

  • @tjelmelandguderjahn
    @tjelmelandguderjahn 17 часов назад +49

    I'm retired at 27, went from Grace to Grace. This video here reminds me of my transformation from a nobody to good home, honest wife and 35k biweekly and a good daughter full of love ❤

    • @haofford
      @haofford 17 часов назад

      I'm highly inspired.
      Please spill some sugar about the bi-weekly stuff you mentioned

    • @tjelmelandguderjahn
      @tjelmelandguderjahn 17 часов назад

      I raised 75k and Mary Elizabeth Webb is to be thanked. I got my self my dream car 🚗 just last weekend, My journey with her started after my best frie back from New York and saw me suffering in dept then told me about her and how to change my life through her. Mary Elizabeth Webb is the kind of person one needs is or her life! I got a home, a good wife, and a beautiful daughter. Note!:: this is not a promotion but me trying to make a point that no matter what happens, always have faith and keep living!!

    • @NelleG.McCoy12
      @NelleG.McCoy12 17 часов назад

      Can't imagdepty seasoned earning $85,000 biweekly, God bless Ms Mary Elizabeth Webb , God bless America 🇺🇸♥️

    • @reklesabandon707
      @reklesabandon707 17 часов назад

      I started my trade int with $5000, and in the space of one month I got credited with $22,000. It remains my biggest win for the year 2024

    • @reklesabandon707
      @reklesabandon707 17 часов назад

      people are ignorant of profitablity in bitcoin investment and that has been the major issues limiting their investment

  • @winniethepoohandeeyore2
    @winniethepoohandeeyore2 19 часов назад +21

    Not me, I bought 1 gift and that was for our 82 year old neighbor. Bought him a very nice blanket and several pounds of nuts.

  • @Tune2dis41
    @Tune2dis41 14 часов назад +12

    What the hell 2,000 on Christmas! Absolutely NOT!

  • @melonyogloo
    @melonyogloo 19 часов назад +34

    Spent $2.99 for a tv dinner. That was it.

    • @GwenClyde-iv7et
      @GwenClyde-iv7et 18 часов назад +2

      Now I must admit I like how your MIND
      W
      O
      R
      K
      😊😊😊😊😊😊😊😊😊😊😊😊😊😊.

    • @davidbaumgardner8374
      @davidbaumgardner8374 16 часов назад +4

      I spent $4.50 on a French bread frozen pizza but I'm gonna tighten it up next year

    • @LadyCoyKoi
      @LadyCoyKoi 11 часов назад +2

      That is very homie of you. You need to be protected from the horrors of this society and I say that sincerely and nobly in a good way. We need more simplicity folks like you. May be our economy and society as a whole would be kinder and better.

    • @frankpettinato2324
      @frankpettinato2324 9 часов назад +1

      Frozen turkey dinner three $ 3. 47... wally world 😂 Ate like a king and grateful!🎄

    • @frankpettinato2324
      @frankpettinato2324 9 часов назад

      ​@@davidbaumgardner8374😂😂🫡👍

  • @certified68crazy3
    @certified68crazy3 14 часов назад +12

    I spent $ O.OO ... Bah Humbug .. Merry Christmas corporate America...

  • @deathrowtodisneyworld5030
    @deathrowtodisneyworld5030 11 часов назад +4

    This is our first debt free Christmas, house and everything paid for. We spent 4K this year. 1k on nice gifts for the children’s charity in our neighborhood. The rest was for 8 adults and our only teenager (niece). I give everyone Gold AAA service each year. Cash for our niece, a massage certificate for SIL, vintage candy boxes (candy cigarettes, Charleston Chews, lifesaver Books, dots on wax paper, pixie stix etc). 10lbs of bacon for my chef brother, bulk spices for vegan daughter. prime rib dinner for everyone

  • @andrewgleason586
    @andrewgleason586 19 часов назад +19

    I would never put myself in debt to satisfy others....or myself....

    • @BakerMills7
      @BakerMills7 17 часов назад +3

      Way to go 💯 👍

    • @andrewgleason586
      @andrewgleason586 8 часов назад +1

      @BakerMills7 the only way to keep up ...

    • @BakerMills7
      @BakerMills7 3 часа назад +1

      @@andrewgleason586 Yes Sirrr! 👍

  • @noreenn6976
    @noreenn6976 19 часов назад +10

    I guess I'm below average. Merry Christmas!

  • @LarsonFamilyFarm-LLC
    @LarsonFamilyFarm-LLC 18 часов назад +5

    I used to spend ~$4,000. decades ago...now, I believe i spent $150. for this year's Christmas.

  • @jhouser972
    @jhouser972 9 часов назад +2

    I spent $100 including gifts and food. $2000 blown on Christmas is just Insane.

  • @oldroscoe2590
    @oldroscoe2590 13 часов назад +3

    My son bought me a bike trainer for Christmas, it's working out pretty well. I can peddle and watch youtubes and TV and go nowhere wile racking up a few miles. Since the fast food places were closed yesterday my dog and I could walk through the fast food drive thrus we normally walk past those on our daily walk, a quarter, 4 dimes, 3 nickles and 21 pennies. I'm wondering how Musk's attempt to curtail Federal spending is going to clash with the easy money the public has come to expect. Should be an interesting year and next four years but I doubt the average citizen has what it takes to get this country back to a sound sustainable economy. .

  • @RepuBlicOfChaD
    @RepuBlicOfChaD 20 часов назад +17

    1 🏆
    Stay stacked 💰 and stay jacked 💪

    • @vincentleoni6334
      @vincentleoni6334 18 часов назад +2

      My favorite person in the comments 👍

  • @CDMaclintock
    @CDMaclintock 19 часов назад +14

    I spent NOTHING - and I have $250,000 in savings and NO debt....

  • @Cybersawz
    @Cybersawz 14 часов назад +2

    Edward, you're more than just some guy on YT. You offer insightful, and useful feedback on the articles you discuss that are helpful to many people.
    Merry Christmas to you, and your family. 🎄

  • @PistolPete1984
    @PistolPete1984 18 часов назад +5

    I used to get a piece of fruit in my stocking every year, also a book of life savers candies

    • @frankcorrea8691
      @frankcorrea8691 17 часов назад +1

      Some people don't even get nada!😮

  • @GeorgeLopez-i9g
    @GeorgeLopez-i9g 11 часов назад +26

    Hit 250k today. Appreciate you for all the knowledge and nuggets you had thrown my way over the last months. Started with 24k in July 2024

    • @Charlotte3334-m2l
      @Charlotte3334-m2l 11 часов назад

      Sounds good,how do you do that? I'm interested,how do I go about getting started?

    • @Charlotte3334-m2l
      @Charlotte3334-m2l 11 часов назад

      Do you invest with a professional broker??I'd appreciate it if you show me how to go about it.

    • @Margaret232-m3i
      @Margaret232-m3i 11 часов назад

      It's Geraldine Ann Philips doing she's changed my life. A BROKER- like her is what you need.

    • @ElenaChavez-eb4cr
      @ElenaChavez-eb4cr 11 часов назад

      Her top notch guidance and expertise on digital market changed the game for me.

    • @NosalFrater
      @NosalFrater 11 часов назад

      YES!!! that's exactly her name (Mrs Geraldine Ann Philips) so many people have recommended highly about her and I'm just starting with her from United States'of America, Florida 🇺🇲

  • @loradisporto7535
    @loradisporto7535 2 часа назад +1

    No debt. And I spent a lot more than that.

  • @anniesshenanigans3815
    @anniesshenanigans3815 11 часов назад +2

    I spend ZERO... And I had a tortilla with cheese for my 'christmas' meal. and I am okay with that. I want to live free, and that includes DEBT FREE.

  • @saleens330
    @saleens330 11 часов назад +2

    I spent $1500 for everything. 7 ppl total. Still debt free but I save up each Christmas.

    • @drjs2431
      @drjs2431 4 часа назад

      $1500 on 7 people! What a waste.
      My wife and I are both healthcare professionals. I bought her a card and beautiful flowers. She bought me a couple of shirts - because I ‘needed’ them. Combined, we probably spent $200…max. Yes, we do have other family members, but they all understand the commercial aspect of ALL pagan holidays. They were red-pilled to save their money (or pool their money) for a down payment on a distressed commercial property (soon coming to a neighborhood near you). Once it cashflows, let your tenants buy gifts for you and your family members.

  • @dolly4446
    @dolly4446 12 часов назад +1

    haven’t spent a dime on Christmas gifts in years. Best decision I’ve ever made. Now I only buy my son ONE gift or several but always sticking to my budget of 100$ if even

  • @vincentleoni6334
    @vincentleoni6334 18 часов назад +4

    Many ppl will put themselves behind financially to appear normal to fit in their community. It is a sad state, don't be like them, be wise.

  • @tharpeaddy
    @tharpeaddy 19 часов назад +3

    I am still enjoying my e-bike that I thought two yrs ago and the the other one I bought a yr ago.
    I enjoy not having any debt and few liabilities.
    Having money and assets is cool too!!!
    I don’t think paying high dollar car notes and monthly gasoline cost for premium gasoline is cool…but I understand most people do..and that’s fine with me!!!
    Since I invest I’ll just get paid via stock market while everyone goes deeper into debt!

  • @enigmathegrayman2953
    @enigmathegrayman2953 19 часов назад +3

    I’d rather face the stress of a 9-5 day than to stress myself hunting for an overpriced limited supply “something” to put under a plastic over decorated tree….

  • @H2R5GSXR
    @H2R5GSXR 17 часов назад +2

    we enjoyed a diner with friends and a mellow day. Hope you enjoyed Christmas also.

  • @jasonrabe1664
    @jasonrabe1664 19 часов назад +10

    I didn't spend anything. Skated by again this year. Feels so good. I guess i'm a terrible person. Beats going into debt though

    • @truelies3690
      @truelies3690 19 часов назад +5

      Nah, you are actually freaking smart. Christmas has been just a cash cow for the corporations for many decades now. The only ones that should get presents is just kids. It's so commercialized now and for decades but worse now. Corporations getting richer while people worrying about giving presents going broke. It's all BS now.

    • @patrickprendergast9589
      @patrickprendergast9589 19 часов назад

      wow tell me more

    • @GwenClyde-iv7et
      @GwenClyde-iv7et 18 часов назад +1

      Man it's good to see someone with sense in how to handle 🤑.

    • @frankcorrea8691
      @frankcorrea8691 17 часов назад +2

      Actually good move in the chess board!😮

  • @michaelopheim7549bmw
    @michaelopheim7549bmw 19 часов назад +2

    Yeah ! Video 🎉 merry Christmas!

  • @CBRR10011
    @CBRR10011 15 часов назад +3

    This year, I refuse to spend money on gifts , I just wish you a Merry Christmas...call my family told them to save there money do not spend money on gifts

  • @valeriebenson8770
    @valeriebenson8770 6 часов назад +1

    Spent ZERO dollars ZERO money

  • @jennifer3551
    @jennifer3551 14 часов назад

    I only gave gifts to my young grandson, yougest daughter (stocking only), and small gifts to 6 coworkers, that's it. Next year it will only be my grandson.
    Merry Christmas to you, Dr Edward. And thank you for your continued videos

  • @hologramhouse729
    @hologramhouse729 53 минуты назад

    I bought very little this year. From now on nothing.

  • @amyw4216
    @amyw4216 9 часов назад +1

    I spent $0 this year for Christmas.

  • @wojak86
    @wojak86 13 часов назад +1

    christmas is a bankers holiday

  • @ericnewman6523
    @ericnewman6523 5 часов назад +1

    Spent less than 1000 and I have way more than the average American

  • @jeffreyarbogast4735
    @jeffreyarbogast4735 19 часов назад

    Tastefully done and well-phrased. Happy Holidays!

  • @DangerZone-w6y
    @DangerZone-w6y 14 часов назад +1

    ROFL we didnt spend any money this year for gifts of any kind! We didnt even buy a traditional Christmas dinner. We grilled up hamburger from burger we had inour freezer.
    So all those d-bags out there with their jacked up prices on goods... YOU GOT NOTHING FROM US..AND WE'LL CONTINUE THAT EXERCISE THROUGHOUT 2025.

  • @wr3add
    @wr3add 16 часов назад

    Ty again Ed

  • @robertwalker5521
    @robertwalker5521 9 часов назад

    "That's what her and her sister had to look forward to'
    REALLY??!

  • @jeffs9850
    @jeffs9850 18 часов назад +3

    I’m was born in & have always lived in the USA. Are our fellow citizens the dumbest in the world. Companies, governments, & individuals load up on so much debt that one thing going wrong causes a collapse. Debt can be good & is necessary at times. Paying down debt quickly is the best way to manage it. So many companies loaded up on debt at near 0% rates that more & more businesses are probably going down soon.

  • @LadyCoyKoi
    @LadyCoyKoi 11 часов назад

    A modern 2000s version of Affluenza documentary is needed for todays' society. The 1990s documentary sets are a good watch, bu we need an updated version of these documentaries... Affluenza and Escape from Affluenza.

  • @jediknight2883
    @jediknight2883 6 часов назад

    The average American is up to their eyeballs in holiday debt 🎅🏼

  • @josemapijosemapi2713
    @josemapijosemapi2713 13 часов назад

    Hi, Edward. Here a doctor from Spain. Love listening to your peaceful videls about financial topics. I think people are blindly convinced they can keep functioning on credit cards til retirement. By the way, do you live in New Jersey?

  • @theallseeingkats6321
    @theallseeingkats6321 19 часов назад +6

    Sorry, i spent less than 100 dollars on gifts this year and didnt use credit..im good.

  • @Thomas-xc5yt
    @Thomas-xc5yt 8 часов назад +1

    Yes. The pyramid have now been inverted and the fall will be Epik. It will will fall by its own weight. Welcome to the show.

  • @BREEZYM6015
    @BREEZYM6015 8 часов назад

    I'm not average thank goodness. 😂

  • @hologramhouse729
    @hologramhouse729 49 минут назад

    Im predicting mega global crashes etc

  • @TreeofLife-r3d
    @TreeofLife-r3d 19 часов назад +4

    I spent $300

    • @stevesilver7437
      @stevesilver7437 7 часов назад

      Same with me about $300 that’s enough for me 😊

  • @michaellalanae7228
    @michaellalanae7228 6 часов назад +1

    All of which is credit , borrow tomorrows money today, 😂pay your bills with a heloc, 40 year mortgages, title loans , buy here pay here, 30%cc,😂that's how bidenomics works , FTC.

  • @duranhunt7600
    @duranhunt7600 16 часов назад

    Not me my money going towards Investments an commodities.

  • @JoshuaYeshuaCSULB
    @JoshuaYeshuaCSULB 19 часов назад +3

    Source ? $2000 gotta be skewed

  • @Csharpflat5
    @Csharpflat5 11 часов назад +1

    Zero dollars no thanks

  • @rockpadstudios
    @rockpadstudios 12 часов назад

    I was raised a JW (now ex), once you get used to not supporting sleezy marketing you will be richer in many ways. The fairytale peddlers love this time of year and of course your money.

    • @elziemcmillion
      @elziemcmillion 4 часа назад +1

      me too raised as a JW but now got the hell out!!! It help with the mindset on Christmas the only benefit received..

  • @rko070
    @rko070 11 часов назад +2

    !!!I am at the beginning of my "investment journey", planning to put 385K into dividend stocks so that I will be making up to 30% annually in dividend returns. any good recommendation on great performing stocks or Crypto will be appreciated.

    • @fhgfhfhgf
      @fhgfhfhgf 11 часов назад

      As a newbie investor, it’s essential for you to have a mentor to keep you accountable.
      Ruth Ann Tsakonas is my trade analyst, she has guided me to identify key market trends, pinpointed strategic entry points, and provided risk assessments, ensuring my trades decisions align with market dynamics for optimal returns.

    • @jamiejohnson-d9i
      @jamiejohnson-d9i 11 часов назад

      I managed to grow a nest egg of around 120k to over a Million. I'm especially grateful to Adviser Ruth Ann Tsakonas, for her expertise and exposure to different areas of the market..

    • @fhgfhfhgf
      @fhgfhfhgf 11 часов назад

      I don't really blame people who panic. Lack of
      information can be a big hurdle. I've been
      making more than $200k passively by just
      investing through an advisor, and I don't have
      to do much work. Inflation or no inflation, my
      finances remain secure. So I really don't blame
      people who panic.

    • @jamiejohnson-d9i
      @jamiejohnson-d9i 11 часов назад

      Without a doubt! Ruth Ann Tsakonas is a trader who goes above and beyond. she has an exceptional skill for analysing market movements and spotting profitable opportunities. Her strategies are meticulously crafted on thorough research and years of practical experience.

    • @rko070
      @rko070 11 часов назад

      how would you recommend i enter the crypto market? I am also looking at studying some traders and copying their strategy rather than investing myself and losing money emotionally. What's your take on this approach? and How can i reach her, if you don't mind me asking?

  • @haldriver1378
    @haldriver1378 19 часов назад +2

    I tried to be frugal. I only bought a new Mercedes GLS because it was big enough to hold racks for thousands of Starbucks cups, so I could stock up on coffee (in case I ever start drinking coffee). It also has big windows up front so I can toss extra cash to people with cardboard signs at intersections. So that's about it, aside from buying a couple of timeshares and some crypto.

  • @sagepirotess6312
    @sagepirotess6312 19 часов назад +3

    I dont think a Vietnamese child gets $491 value in toys throughout birth to end of middle school. Most children have less then 10 toys throughout childhood, here.
    Maybe my fellow Americans back home can take that in.

    • @vincentleoni6334
      @vincentleoni6334 18 часов назад +1

      Life is miserable in Vietnam. Most entitled Americans will never understand how hard life can be.

    • @sagepirotess6312
      @sagepirotess6312 17 часов назад

      @vincentleoni6334 life is miserable in USA. From safety to communism. USA closed and locked down during covid. Vn never shut down.

    • @tdgdbs1
      @tdgdbs1 16 часов назад

      @@sagepirotess6312 What the heck are you talking about? I am Vietnamese and none of your statements are true.

    • @sagepirotess6312
      @sagepirotess6312 15 часов назад

      @tdgdbs1 being a vietnamese American, doesn't make you vietnamese... I lived through covid and traveled all around working in provinces during covid. Vs most states in USA locked down. Heck we had parades during covid in nha trang.
      Sll my statements are true. Go back to your garden grove California, little Saigon.

  • @my1vice
    @my1vice 9 часов назад

    Everything you think is real is actually not.

  • @cueoneful
    @cueoneful 11 часов назад

    Come ere Just to read the comments. Never watch the videos. So Negative....Always...!!

  • @MJA5
    @MJA5 19 часов назад

    I bought a sound suppressor for my personal defensive weapon. It is 3D printed out of inconel and I also had to buy a $200 tax stamp from the government. But I paid cash. 💵 😂

  • @marksweetser6312
    @marksweetser6312 20 часов назад

    First

  • @alostpilgrimsjourney5953
    @alostpilgrimsjourney5953 17 часов назад +2

    Jesus is the solution to spending and debt.

    • @Downsdddgh
      @Downsdddgh 15 часов назад +1

      If you want to have discipline in your life read the Bible.
      I dare you.

    • @gabrielmoody1708
      @gabrielmoody1708 11 часов назад

      ​@@Downsdddgh I have discipline and it doesn't require reading the Bible!