Florida, is on spot! I believe the bigger picture is not homeless or a drug problem, but, what this government is allowing to weaken our country. There’s something brewing with wars, the Middle East, Russia and China which can cause major problems. The Roman Empire fell, let’s not forget history.
There is so much money you have to spend not only to buy a home, but to take care of it. Most people don't consider insurance, property taxes etc. Michael, is buying a home worth it?
I hate going to the store. It's like that old tale about putting the frog in the pot of cold water and, when you put it on the burner, it won't jump out because the increase is so gradual. I'm literally paying twice as much for many items than I was paying a couple of years ago. TWICE!
My dad drilled "if you cant pay for it in cash today, you cant afford it" and "if you have a loan on it, it isnt yours" into me growing up. Looking around, i always felt poor, but now, its starting to feel like hes saved my life.
Wow Sounds exactly like my dad too, I kept this principle on myself too.. at 3rd world country. I felt so poor, when I compares it to the livestyle around my peers. But then again, the lines part from saving.. mine literally above 90% of majority, and Debt free!!! While those who love wasting money for mundane stuff, that can be reduced by making it at home? They ended up having less saving than I do.. they "imagine 1G of saving on their bank account.." wow, that kind of statement really opened my eye. I.e I plant a productive plants & made My own Private Cafe setup on backyard and made my own coffee & juice straight out of my own backyard obviously all by myself.. I saved me plenty of nonsense price markup.. $8 coffee? Bitch please!
Back to Basics - eat at home, take your lunch, stay at home instead of running the streets/going out do your own hair, stop buying the throw away clothes, etc., stop comparing yourselves to people's fake lives.
My wife makes us live like that. We rarely eat out and if we do we drink water and the young boys share a plate, have a hybrid vehicle and buy used clothes from thrift or goodwill. It doesn't embarrass me at all.
@@sportluver98 I'm back to basic as much as reasonable. I like to treat myself but I found cutting out extraneous expenses, I have more money left over, to carry over, to save. Look at the 100 Envelope or 52 Week savings methods. Start where you are, with what you can.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I am an accountant. I've talked to so many people taking loans just to pay the monthly bills in the last 2 months it's crazy! And they're employed full time!! It's GAME OVER, economy.
We just applied for a home equity loan. We have $350,000 In equity. After 1 hour on the phone I asked what the fees were. They a wanted $3500.00 just to barrow $50,000.00. Dollars of my money. I almost fell down. I'm not the smartest guy but there's no way I'm giving someone $3500.00 to barrow my own money. We have a nice home. We are leaving it the way it is. Unbelievable!!!! I guess some people think that's normal. Not us.
I’m so glad that the internet exists so I don’t feel alone. I remember being 20 and being happy to earn $35k. It was tight, but I could afford an apartment, car insurance (I was able to buy my car without a loan-almost-30 me could never), and I was saving. Now I’m making twice that, have blown my savings making it through the Covid BS, and I’m drowning now worse than I could have ever imagined back then. I’ve gotta get out of Florida-housing is ridiculous-but it seems like it is everywhere. 😮💨
@@kateslate yes back in 2021 I sold my 200k home and bought 5 acres and a tiny home in Missouri. No mortgage, no water/sewer bill and property taxes are 50$ a year. Hoping to start a garden and some livestock soon as I can afford to get a well drilled. Living off rainwater at the moment. But getting out of that 30 year mortgage really was a blessing. I’m done using credit.
@@regularguyprepper best decision I’ve made in years. Aside from the ticks, the ozarks are awesome. Those prefab cabins you can find deals in a repo for under 10k sometimes they are half finished out. I went with nicer finishes but got maybe 45k wrapped up in my 560sqft prefab. Did most the work myself to save $$ Only thing I would have done different is build a basement to secure it on, but didn’t have the time or cash
I don’t even care anymore. Why should anyone. There’s no point in worrying about shit you can’t control. Just live your life the best you can, enjoy it the best you can and drive on.
@EmmyAng Communist countries built housing units for the people and roads and bridges. This is like a third world military dictatorship with the cops and teachers and government employees taking all the money via property taxes
How can I safeguard my investment portfolio of around $2M in stocks amidst the economic firestorm? What's the most effective strategy to reallocate funds in my portfolio to hedge against downturns?
Investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Im living in my grandparents old 1903 farmhouse that I inherited in rural Tennessee. My property taxes are only 630.00 year. Insurance is 115.00 a month. I have nothing fancy. My refrigerator is 35 years old and my stove is from the 1980's. I don't care. I don't owe a penny and plan to keep it that way/ People gossip and say why would anybody want to live like that? It pisses me off. 'Im thinking who would want to live like they do. They are 500 or 600k into debt.
@@baronvonhoughton How DARE you NOT have a relative leave you a large inheritance. 🙄 I'm happy joeimj6203 is living well today thanks to the hard work, investments, and sacrifice of others. Plus, throw in a lot of luck. joeimj6203's smug comments come across like a lottery winner telling all those who didn't win that they were just too stupid to pick the winning numbers.
Same. I'm now trying to just stay inside and move as little as possible, turn off all lights, unplug everything, turn off air/heat, and eat canned tuna 3 nights a week. I could work more but why? It would all just go taxes (esp. for OT or hitting a higher bracket) and then be given to illegals who never paid a dime. What's the point?
Ain't by yourself I've cut taking baths to cut water bill plus don't flush but once a day eat one time a day lights off thermostat on 82 ha lol where my cloths all week before washing so forth I mean cutting to the bloody bone I say !!!!
You sound like me take a bath once in 15 days but do hand wash with a rag save money but definitely on yhe the tuna fish plus great value carrotts spinach navy beans 3 spoonfuls each microwave guess pretty healthy tho ha lol got company yip pee?? @@twobitsandpepper8235
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sharon Marissa Wolfe for the last five years or so, and her returns have been pretty much amazing.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
So did I, for 15 years. Then they planned on closing my MH park, so I sold and moved. All you need is a roof over your head in a safe area once you’re older and kids are grown.
@@keithlarsen7557 There are a lot of "houses" in rural Kentucky that can be had pretty cheap. I’ve seen double wide trailers on an acre of land sell for $8000. But you need to lower your expectations of what a house is. Water will come from a cistern or well and the water quality greatly varies. There will be no fiber optic internet. Maybe no broadband at all. Heat will be from a wood stove. There will likely be no insulation in the house.
@@keithlarsen7557sounds sweet! I park a $61,000 truck in front of my $490,000 south Florida 3/2 and there is a distinct lack of an ATV. Your Kentucky neighbors look smart enough to me!
You'll own nothing and be happy. The game is over folks. Our kids and grandkids won't have what we've had. I'm 60 and see no way out for them. Thanks politicians!
My parents paid $12 for a cheeseburger at 5 guys. I refuse. I would rather go home and make a prison cook-up. Then pay that much for a damn cheeseburger.
Food, energy, utilities and transportation-they can charge as much as they want because they know we have no choice. “I’m not paying $12 for a cheeseburger!” “Fine, starve”. You can see how they have us all cornered.
I've worked hard my whole life. I taught my children that education is top priority. At age 42 cancer struck and everything I worked for I watched fall apart. Then 2 years later the pandemic happened. Now all I see in my children is anger and disspare. They can not afford a home for their families, working just to pay bills, and maybe some food. Not the life I saw for my babies and my grand babies. I never thought hard work and kindness would get me to homelessness, but it has.. We need each other more than ever.. God bless you all..
Do you think it would have been easier if you all had moved in together and pooled your resources? Can you guys still do that? Like rent a big house and the grandkids can share bedrooms even if they’re cousins?
I Stopped buying avocado oil dressing at Whole Foods. It was 10$ for a little bottle. Wal mart had it for 5$. It’s now gone up to 7.99$. I just stopped buying it and won’t anymore. Everyone should stop buying products that are hyper inflated. There is no need to charge that much. I’m boycotting so many over priced things.
In the UK Heinz Tomato Ketchup was up to £5 a bottle. I stopped buying it, so must have many others. Now everywhere has it at half the price. Manufacturers offer I guess!
Don't stop eating quality products by using toxic products like Canola oil. The products are not hyper inflated. The value of the dollar went down because we paid people to stay home so they didn't catch sniffles.
I agree with you. The stores stopped selling individual carrots and when I buy a bunch or pack they go bad fast. So now I just done add them to my salads anymore. There are other things that are way too expensive so I just stopped buying them. We can get along without a lot of things we think we must have.
Or your landlord will rent out your 3br house to 5 immigrants instead and jack up the rent 30% (CLING TO YOUR CONTRACT). My neighbors have BOTH SETS of parents on the property, 1 in a trailer. 6 sources of income just trying to stay in the house. CARS EVERYWHERE.. UPS/FEDX in and out every day. It's obvious our government is BLOODTHIRSTY. Property tax is insane
If we think about it until maybe the 1960's? People lived together -multigenerations. After that everyone moved far away. It was the norm. Now? Desperation .....
Everyone said it back in ‘08 when the banks were bailed out that they would make this happen again due to not being forced to learn any lessons and here we are.
They literally started doing the exact same thing that caused the housing crisis in 07 with the auto industry the next year. The exact same banks and loan companies too. If you look closely youll see way too many temporary plates around you. Thats the people who cant afford the first payment on their brand new 2024 they were forced to buy, because the banks wont loan on a car older than 3 years right now unless you make 120k and up and can easily afford the newer car.
My bro did delivery services, car buying, and furnature delivery. He said 70% of people are doing financially horrible and that they're lying and putting up a face to not embarrass themselves. It's scary.
I just don’t get why. What’s the point. If we’re all doing the same why try to make yourself look better. We all know it’s tough right now. We all know you can’t afford that stuff. Are you just lying to yourself?
I’m like the only broke person around me admitting it and I’m like yeah I literally can’t be the only one financially struggling….i’m just honest about it.
Finding a gf or bf, that don't waste their money is even harder. Having to deal with bs , drama, and arguments is misery. I'll stay single, It's more peaceful. Just get yourself out of dept and quit living above your means.
I'd be broke today if I'd stayed married. My wife kept us in constant debt with her spending, and that's an issue she's had with her second, third, and fourth husbands.
@@existential69my vote would be to Russia or one of the Balkan countries, the bricks system should be a decent enough life preserve until a gold standard is reestablished.
🇦🇺😎👍I work hard , own everything and I’m going broke. I’m sick of paying the corporate crooks off just to survive and I’m still going backwards . I don’t drink , smoke , do drugs , don’t date , don’t go out , don’t gamble and buy anything unnecessary . No credit cards , NOTHIN !…….WHATS GOING ON ?
@@MrDepodot7 🇦🇺😎👍No that’s one of the reasons I gave everything up years ago. It got too expensive. Eventually you get use to going without. Took a while
If Corp would pay us cost of living increase annually and not stuff their fat pockets, the middle class might of had a chance. If the govt would of put a cap on rentals and get a handle of big pharma. Corp America is evil too!!!!
There are a lot of home buyers within the last 3 years that are furious because their mortgage payments have gone up. They failed to realize when property taxes & insurance goes up, their mortgage payment goes up.
@@amrice62That only happens when a house is refinanced, when the deed is transferred or when you buy a house. Otherwise its a max of 3% per year rise. As for insruance. yeah, thats a G damn scam and that could bankrupt some. PS: also if you got an adjustable rate.
@@deep6301You always pay your own taxes and insurance. If you have a mortgage asking to have that paid outside escrow costs you more. You paid more no matter if your mortgage officer explained it or not. If you pay your own taxes and insurance that is more risk to the wholesaler. They charge for that. Don’t kid yourself or misunderstand. Best thing you can do is pay it through escrow and stay on top of insurance to make sure doesn’t go up too much
To be candid...I believe even with 3 rate cuts...so many persons individual finances have been wrecked...so even with the rate cuts there is so much stress on everyone's finances...for instance who wants to buy a home at top level prices...still high interest rates...insurance rates spiraling....also with month over month inflation taking/continues to take a toll....I believe that we are in for a long slog of a gradual downturn....prices to slowly recede while unemployment ticks up. Hopefully unemployment does not totally pancake the economy!...also the genies been out of the bottle for so long it might be in the short term unfixable.🙏🙏🙏🙏....to answer your question about why don't they let it fix itself...it's political!!
in the UK when we left the EU it put the entire country on fire sale to Russian and Chinese investors who bought all of the property when the currency crashed. The politicians all made millions from it as they knew this would happen. I think in the US investment companies are buying up all the properties as lifetime subscription income for them. It's not people buying houses, it's financial houses buying houses.
There is a reason so many adults are living with their parents. It makes sense for my son to live with me in his 30's. My house is paid for and I'm in my 60's.
@@Ian-yf1rl I'm in Canada..I watch my water and electricity consumption very carefully. I keep my thermostat lower than many people do in winter. I'm a senior who has to work to stay in my home. Property taxes are constantly rising. I don't eat out....I don't even buy coffee when I'm out. I am treading water right now and I even have a boarder. I know many people who are in a worse situation than I This is the worst time that I have ever experienced and I blame our corrupt globalist governments..
I grew up poor. Got my 1st job at 12 y.o. and had at least 2 jobs at a time for the next 40 years. I pay for my living costs in cash and have not paid a penny in interest in 30 years or more. People who know how to live below their means will always survive if not thrive.
I am a single Mom that always had a clunker car. It got me to work and thats all that matter. People have been surprised when they saw my car. I asked them, "What kind of car did you think I have?" And they have answered a luxury car😂😂😂😂. I have my coastal home in CA almost paid off. I never went on vacations but I live in a vacation town so I appreciate living next to the beach. 😊 My Father would tell me growing up, "If you cant pay cash then you cant afford it." Take care everyone!❤
It's crazy since it is happening all over the world. You can ask people in Australia, Brazil, Canada, Germany, UK, etc, and everyone will say the same thing that they can't afford anything.
Interesting. I thought it was only America and China. China banks are failing and a lot of people have lost their condo. What’s worse is those are prepaid before they even build and they didn’t finish the building . In some cases they didn’t start the building.
My wife and I pay everything in cash. We have broken away from the credit system. Dont need it. Can't tell you how much freedom and relief we've experienced.
By the grace of Our Lord, Jesus Christ, I’m in the same situation. The problem is I am saving 50% of my income; but I don’t have enough yet to purchase what I know I will need to be self sufficient enough to make it through the next economic crisis. Actually, I mean the next major financial depression.
I've been like thaty entire life. As soon as I got my credit good I saw exactly how quickly u can fall into the trap. If I came by with cash I don't need it. Only reason for credit is to not overpay for s*** all the time, did a lot of that in my time also.
@@RD-kz4wrIt was not. That was the new property taxes based on the new Value of the home, and associated insurance cost. Florida doesn't have state income tax, so they collect Rev. on property tax.
It's 'legalized' (because it's done by the government) , extortion and theft. If you don't pay the property taxes they put a lein on your home and steal it. They will steal a maybe $200k house over an unpaid $3000 bill. This is all planned so they get to steal it and we all end up as renters. Remember : you will own nothing and love it .🤬
Even the best roommate is still a limiting factor. I was very lucky with my roommate, but even then, I still clashed with them occasionally. Like sometimes they were hosting a small party and I was trying to get some shut eye 'cause I had to wake up early, etc. etc.
@@seanthomas2083 it definitely would be modeled after the current system. but don’t underestimate the greed of people. we’re already at each other’s throats for pieces of paper with numbers and pictures of people that got us here. imagine what the’ll have us doing for digital numbers they can just type on a keyboard.
So your debt free retirement was just given to you, or did you have to work and plan for it! I worked and planned for my debt free retirement! Now let face it, most people are not that bright!😢😮😅😊
Same, 51 years old living in Ohio, retired. I live in northern Ohio. Cloudy, cold and gray winters but hey….its cheap to live here. I have my own gas well to heat my house. I’m a blessed man. I feel sorry for folks struggling. I always worked hard, saved, invested and lived below my means. My grandfather who was born in 1907 taught me. I listened!
@@darylyost7273 BINGO. I copied success and planned ruthlessly. My HS peers also often went into the police, Post Office, and armed forces. I chose the Air Force and fully retired before most of them. What's hilarious is I've civilian friends who also own their own land debt-free but they only have SSI disability because they really are too disabled to hold a job, but that didn't stop them from buying cheap chitty lots no one else wanted, having a used trailer dragged in then slowly fixing it up. I probably know more poor country boys who are debt-free than well-off city folk. I was born in an expensive suburb and hated it (too many rules). Today my alarm clock is a rooster.
We are debt free but my husband was in manufacturing all his life & could never keep a job for long due to shut downs or lay offs. All he ever invested in was a 401k & those got used to make ends meet until he could get another job. He doesn’t get much of a pension so he’s working a part time job at age 74. Glad he enjoys it. It is what it is.
We're retired. We have a little debt still, but not enough to keep me from retiring. $50,000 left on our home 3.1 per cent mortgage, and $6000 left on my truck at 3.3 per cent mortgage. They are both self correcting debt (one paid off in six years, one paid off in a year). And, our motto is, we don't borrow money any more. If we can't pay cash, we don't buy it.
I just moved out for the first time... I bought 3 things yesterday: Floss picks, a plain picture frame, and the cheapest paper towels i could find... $33 total.
Get your picture frames at thrift stores (there are lots of different types of these stores). Switch to washable rags. Bulk buy toilet paper and other things with friends and family. Get to know those local dollar stores. And plan what you eat. Conserve gas with an errand circuit that links all the regular places you shop, exercise, etc.There really a lot of ways to save when you simply decide to do things differently.
I went to Dollar General a couple months ago. I bought 2 - 12 pack Pedigree dog food, 2 - 20 lb. cat food and 2 - Tombstone pizzas. $100 dollars. 6 items, $100? I said to the lady, that sure don't look like $100 bux? She replied, "This country is going to hell" As I left, I wondered just how she did it on her salary?
You need the floss Use washable rags Don’t buy trinkets like picture frames My wife passed last year and I went through my house to get it ready to sell or at least have it ready if I pass so my kids don’t have to deal with it I know for sure that I took at least $5000 worth of trinkets etc to the dump
Im from Rio de Janeiro- Brazil and nowadays life is getting harder, everything is super expensive, barely can afford food anymore, 2 meals daily and that’s all. A lot of stores closing
And those fast food chain stores each store cost a l ot of money to put up the property,licence insurance, utility's, help, at 1 1/2 million each building,thats a lot of lost money whe they bulldoze it, who has to eat all.of that ? Any body know ?
Its not as much as financial greed but the W.E.F wants to control the world. The richest of the rich decided that they should control everything, manage populations, distribute what foods and medicines they feel appropriate. People get angry believing that this is just something that is happening but Klaus Schwab and his Billionaires at the W.E.F. control many of the worlds political leaders. Biden is a willing follower or they have all the dirt on Biden and he does their bidding to keep his entire family out of prison. Trudeau is a favorite son, many European leaders bend the knee, even China and India report back to the W.E.F. The W.E.F can buy and fire any American Mayor, DA, Legislator that they want, Democrats are generally on board but the RINO republicans fall in line. Its time to look at the puppet master lurking behind the curtains who are pulling all of the strings. All it takes are greedy power hungry politicians and the W.E.F.s work is made so much easier. Add in the general ignorance to what is happening along with the willful avoidance where people don't want to see it when its right in front of them in plain sight and you have a situation where the W.E.F. can operate with impunity. Once you realize just how insidious the W.E.F. is to have robbed a planet full of people of their ability to voice their opinions and influence their counties future by voting. If their leadership are WEF puppets then elections are moot and free will is lost.
I'm tired of paying $6.50 for a gallon of gas $9 for a 6 pk of sausages. And the list goes on and on and on. But no one wants to say anything especially fake news. This is the reality and the truth
I completely unplugged from the nonsense over a decade ago. I refuse to keep giving money away on car notes, insurance, bills, shopping, travel, etc. All I have to do is stop doing it and the debt stops immediately! I work to live! I do not live to work!
Well that’s the problem with employers and the federal reserve. The federal reserve says work is your asset. Well when wages are not enough to even make working worth it there’s a problem. People work to eat and have a place to live and a car to drive they don’t work out of some noble ideal
"Incomes are going up" is complete ludicrous! Seventeen years ago I was in a deadend office job making $13/hr. Now I'm $75k in student debt, have two licenses and one degree, only being offered $8-$10/hr!
The 45k salary John makes now looks like he makes 13k more than the 32k he made at age 21 back in 2003 but it’s value is actually 5k less when you adjust for inflation. 42 year old John also has 1k a month insurance premiums, 1,200k a month grocery bill, and utilities to pay for. Thank God John inherited a house and has no mortgage and both vehicles are paid off. I’m speaking for a friend. 👀 Edit: Let me rephrase this. The value of today’s 45k is 28k in 2003.
For every job lost, there's one less consumer to spend at a retailer. Consumerism is what keeps stores and restaurants open. When consumerism dwindles, there's more job losses. It's a circling the drain of the economy scenario.
Joe, why would it piss you off? You should feel sorry for them. Living high on the hog always comes back to kick you in the arse if you are living beyond your means. It will catch up to them and believe me, they will call you smart.
Let it crash! They can't do that. That means they would have to look at the truth. That truck is not worth $98.000 dollars. The house they paid $400.000 for is not worth $2.5 million. The truth hurts! Keep preaching truth. Keep up the good work.👍
24K just for property tax????? what is the county doing with 2K a month from this one taxpayer? Is it such a great place to live that its worth footing a 2K a month bill for county services? The county is driving these people out of their homes... not inflation
1/2 my property taxes go to schools. That has become a waste of money. Absolutely the government wants housing prices to keep going up up up. More money to waste.
I pay $845 a month for school tax for a school I am not allowed to use (NY) because they took away our religious exemptions. We have one foot out the NY door.
The reason the Fed won't let any banks and CRE fail is because of WHO would lose money. As long as inflation is killing you and me that's fine, but rich connected people losing money is unconscionable.
Inflation is why stocks will continue rising. Who can afford stocks? The rich. Inflation is also why property values continue to rise. THERE WILL BE NO CRASH unless Putin invades or environmental disaster like earthquake or volcano happens. Police state will always be on standby. Poor may eventually revolt.
Yep they've already said they will happily allow any community banks to implode. Also any regionals that don't have famous enough stakeholders. Thus concentrating all assets at fire sale prices to the few banks all but owned by the govt.. which they've also freely admitted. It's all by design, the politically favored get the benefits of capitalism with 0 competition while the rest of us slave away on lifelong series of permanent leases. People need to wake up.
@@rubberduckie5518not true at all lol… and tbh you and I will never know the real truth, but we are on a collapsible trajectory because of improper lending, and lies about who had what money and how much was truly there. There are multiple companies that kinda keep the US in check that have fucked up lately really really really bad… and it’s hitting 2008 crisis bad, but it’s much worse. Added internet Wild West type stuff and technology pushing more humans to irrelevance than jobs created…. It’s Idiocracy the movie coming to life. So either adapt and take advantage. Or sit back and complain like most? Up to you.
They let banks crash in 1929 and we had the great depression. There's a reason we don't let banks crash and people losing their savings. If you're money was lost when your bank crashed, I'm sure you would be the first to complain that the government should do something.
Yes, spent what you really have in your pockets. Not the air money and have to pay high interest of makeup money. Been debt free since I was 36 and only used cash since. I'm 60, own my house and never bought a brand new car. I pay cash on used cars since I was 16. Live with in your means...period.
I'll tell you how you know everyone is going broke.. after 7:30pm there is no traffic.. not on mondays not on fridays.. not on saturday.. no one is going out.. because they don't have the money.. the only time traffic picks back up is when retail stores close and employees go home at 9-10pm ... now is there zero traffic no some people are out on the roads. but I live overlooking the main highway and I can tell.. no traffic.. and gas prices are not $7 a gallon here they're half that.. its everything else they can't afford.
I work weekends and my city is a ghost town until noon or so. Then people come out to eat lunch at fast food. Weirdest economy/society I have ever seen.
Also, you can tell people don't have money because they aren't spending to plant flowers and keep the outside of their homes nice. I have noticed this over the past couple years.
Interesting observation! I’ve just noticed little things like not getting a cracked window fixed or not washing the car. Still women around me are getting their nails done, and tacky eyelashes; so it’s not complete mayhem yet. 😅Priorities!! 💅
You got that right...me and my ex-girl friend lived in SD...in 2002...and it was expensive at that time...1 bedroom was going for $1800 to $2500 back then...the weather is nice that's about it!!
People claim they're broke and complaining about rising prices, but the drive thru lines at Starbucks and fast food restaurants are insane! People don't know how to prioritize their money. A $6.00 coffee drink is more important than saving money, and Im sure they're putting that coffee on a credit card.
i work 5/6 days a week and I can barely … actually i CANT afford groceries. 4 months ago, i had a $60 budget for groceries and times are so expensive i had to cut my groceries budget lol if you think a $6 is what’s making people poor, you are so out of touch with reality and should probably talk to more people 😂
Exactly! They have no clue how to do simple math. Make a coffee at home for less than a dollar. Then they would save. Literally $140 a month. $1680 a year! That’s just in coffee. Do that in two or three other areas and you just gave yourself a $5000 a year raise. People are idiots!
@@Maynardd bro why/how are u assuming I have no money... Just saying people your age (assuming your're also a boomer) could buy a house/have kids/2 cars off a single "average" income. It's not the 6 dollar coffee that's keeping people from establishing wealth, the problem is that boomers bought land for 100 dollars an acre and now a days it's worth 100,000!!! Boomers aren't wealthy because of the 6 dollar coffee. They're wealthy because they got in at the right time
Everyone is not going broke…..they already are broke! And the USA national debt is horrendous but will still send billions of $$$ to foreign governments for wars we have no interest in……it’s no surprise so many are just one paycheck away from homelessness. Sad but true even for us renters
We in the U.S. are worse than broke. We have a bunch of high interest credit cards maxed out, then we take out a loan just to give to somebody else (Ukraine, Haiti, Gaza, Taiwan, the UN and NATO)
That foreign aid is absolutely peanuts to every other gov’t expense. It’s a distraction, political trick, don’t fall for it. You’re being lied to at every turn domestically. They highlight international stuff to deceive you of the real problems at home.
I used to have more than enough money to take care of what I needed. In today's world, I literally have almost nothing left after bills and living expenses, it's getting to the point where I'm close to defaulting on payments because my food and housing is more important then certain bills.
@spanishprisoner I wish it was that easy, but it's kinda hard to unsubscribe to something you were never subscribed to, to begin with. I'm a minimum wage worker who has fallen on hard times stuck with bills and loans I never wanted to begin with but had no choice as it was that or the street. Please don't assume that I'm wasting my money on subscriptions when I can't even afford to pay for my own basic needs.
@@doe9de995 sorry you're going through that. i have been working two jobs to stay afloat, and now that there is a new district manager over my store, everyone's hours are getting cut, so i have to fight just to get hours. scary times.
Price gouging on food & utilities got my whole neighborhood last year. Last christmas we all gave eachother IOUs & vowed not to cash them in until we got our tax returns.
If you remember the recession in the 1970’s, you know what to do. Control the grocery. One night a week treat yourself. Cash is king! So is bartering. Swap your skills for what you need. Container gardens, bulk foods, even canning is hugely economical and frankly fun. You’ll appreciate your work in the coldest days of winter. Group purchase is side of beef or other options. Buy close to home, share or gather neighbors list at bulk stores and save gas, fees etc. don’t be afraid to swap stories of savings and other shortcuts with friends. Neighborhood gatherings, church picnics etc are great places to meet people who are in the same boat.
@@janetrogers4738how many EVs catch fire vs combustion engine ones? We have two EVs in garage, no concern at all. We also got used gasoline car for the teen, but nobody wants to drive it. EVs are perfect for certain use case scenarios. If you don't drive >250 miles a day, i suggest to get it.
I work for a spa and they push me to sell products to guest no matter what, they even gave me a warning notice for not meeting sells goals… the thing is people are so stressed out and they want to relax so they go to the spa but Little do they know that the goal at the Spa is to sell them more crap… also, my boss got their children a new Lamborghini 😂😂 It’s annoying because they don’t realize most people are struggling just because they go and get a massage or facial doesn’t mean they have all the money it means that they want to relax
I went to TJ Maxx the other day and thought they’ve always pushed their credit card they were exxxxtra pushy this time. I told her nope if I can’t buy it now with cash I don’t need it. She just kepttt going talking about no annual fees but a 29% interest rate. They know what they’re doing 🙄
@@jesselle_ is very unfortunate they do that. And the thing is that employees are push to do it bc their job depends on it. They have to get a certain amount of cards. I worked for Banana Republic and Old Navy and we had TO SELL cards😠
I live completely debt-free. I bought a car in 2019, and paid it off in 25 months. The only reason I didn't pay it off earlier was because Covid came along and I paid extra only one time in 2020. I'm probably in a much better position than many people. I'm grateful, but it wasn't an accident, either. I know that what goes up, must come down. You use the good times to prepare for the bad. I learned the hard way from 2008.
My father taught me to fear debt more than death, so I’ve always always felt poor. I just hope I don’t end up paying for other people’s poor decisions and lack of financial discipline. I have a feeling I will, and social security won’t be there for me.
I’ve felt rich ever since I’ve been able to have no other debt than my mortgage (2.625 %). On a govt half-pension and SS. I’m the most frugal (read: stingy boring scrooge) person my 1 and 1/2 friends have ever known. Works for me.😅
SS won't be there for anyone in age range of Millennials and younger. I think Boomers and Gen X will be grandfathered in but that will be the end of it.
so do I. I got 2 of them - constructions and HVAC but I work physically, the only one that counts is medicine. In my country they get 100-150$/h in hospital, when got private -such a wage for 15min.
Yeah, society lied to you and manipulated you. You worked to make other people rich. Going forward, don't listen to them anymore. Make your own decisions, try and work for yourself if you can. It's hard, but very much worth it. Good luck and God bless.
I'm 72 and started working, summers, when I was 16....always worked hard. I made some mistakes, wasn't a great money manager and never invested but I always had a fairly nice house. When I see these prices I am just baffled. Even in today's world how many people have got 2 million bucks for a house? I mean, who makes that kind of money? Obviously, there's a minority of people who - somehow - do make enough money to spend this for a house but it still has to be a small percentage of people. Again (I've said it before): Beginning with Reagan we started moving more and more to a shareholder economy and the 10 or 20 percent of people who are actively in the stock market are, soon, gonna own everything. The fulcrum upon which functional capitalism turns is competition and we're wiping out competition in a every way. This whole country has become an out-of-control pyramid scheme.
Not really. The stock market is treacherous, people are always trying to get you to spend more. Change that to people that have big money in the stock market.
Sounds like you're on the wrong side of inflation. The people. In the stock market and investors that have a financial education have simply learned a trick and that is that the government is not going to stop printing money so don't save what governments can print and start saving assets like Homes, stocks and Bitcoin. Remember that what works for the rich will also work for you, even if it's just starting out on a smaller scale. and remember, poverty does not require a plan, but building wealth does. So what's your plan?
Such a crackup. They bought the house a couple years ago and now want to flip it for 3 million. They live in an alternate universe where aliens from space come down to buy the place with diamonds.
Yea delusional ! The basic homes are not worth that value! People are destroying the family home market. So short sighted can't see past the greed that is going to make it impossible for there own kids to purchase a home in the future. That's OK though at least there will be a rental option available to them from some Chinese investor 🤣🤣🤣🤣🤣
100% Can't continue. I'm 48 from a family of self employed, hard working business owners. My parents were both from the 1930 and I know from their experience through the depression and my own since childhood and history. Our economy, prices, cost of living had never been this out of whack. People can't afford to live like this. I have very little debt but rent, property values, food, fuel everything is far to expensive and income is not and will not be able to keep up.
Covid screwed everything up. Millions of businesses closed. Millions lost their jobs. But prices are still high because everyone is speculating and trying to make a quick buck. Then you have all the lonely and depressed people who are buying themselves expensive toys in order to feel better
Still driving my truck made in 2002. I also keep a car made in 1992 . I keep them going by doing my own maintenance. After several dealer shop screwups, I decided I can f things up a lot cheaper. Watched youtube and learned how to do it myself.
Ditto only my daily driver is 2000, bought it brand new, no car payment since. Only debt is mortgage in which I pay extra to principal each month when I can. Keep groceries simple, eat the same meals day after day. Buy coffee, make at home and bring to work, pack my lunch and all that jazz. Everyone at work goes out to lunch, I never have, not even once, I bring my lunch every day. Insurance costs are killing me, homeowners doubled. Getting harder however, I will continue to do my part to live "simple". Not always easy however, it is currently necessary.
Same here. Just paid off a 0 interest credit card promotion that was about to expire and go from 0 to 27%! Ha! no way.....I paid it off and I'm sure the credit card company was hoping that I didn't. Now working on paying off the mortgage. Luckily, a relative gifted at 2016 car to me.
I'm a 67 yr old man who is a former Marine & a factory worker retired. I never used a credit card in my life in fact I've paid cash for everything & live within my means.
well done, it was a lot easier in your time when my parents brought an house here in the uk the average house price was 3 times higher than the average annual salary now its 9 times higher than the average annual salary, and renting also reflects the price of houses
You should be using a credit card. It not only is good for the credit score, but you get free rewards money. Not using a credit card is actually kinda dumb.
On the contrary I think they’re letting it all go to hell so they can build it back with a green agenda. You lease it from them after paying for it through future taxes. One step closer to population control
I took a cross-country motorcycle trip from the Mississippi to the Atlantic last summer. I was astonished at the absolute decay of almost every city, town, and neighborhood that I passed through. I saw **countless** homes that desperately needed a new roof or siding repair-and had clearly needed the repairs for quite some time. Vehicles were trusted and in disrepair. Roads and highways for hundreds and hundreds of miles, through numerous States, were in shambles. It was very clear from the zoomed-out perspective that the country is in a state of decay. People and communities can't afford to maintain existence, let alone advance and prosper.
@@kingtrance307 I'm talking about actual companies organically choosing to make and sell products, not some government subsidized program of this or that.
@@Qingeaton - The US government has always invested in US business and this predates to WW2! Name me a single corporation that hasn’t benefited from this arrangement. Every major government in the world practices it. Also the Chips Act is vital to US National Security. Why the hell wouldn’t the US want to be manufacturing semi conductor chips in America? 🇺🇸
They are using most of your property taxes to pay lifetime pensions to retired workers. Cops firefighters Teachers municipal workers judges politicians and so on. They want us to pay for their lifetime free ride. That's what they never tell you. We are broke as a nation because of the pension funds
@@gregorylyon1004Not necessarily, look at some of them in congress over 65 and still being voted into office. They must be gaining more than a lifetime pension. Think about it.
Vote with your dollars. Live debt free. Volunteer at local churches and charities. Enjoy life. Grow food. Learn to can and Jar what you grow. Be kind to yourself and others.
I can't believe how many people 😳 think this economy is awesome, I bring home the same money as I did 15 years because of tax increases and everything is going way up,im broke and disgusted politicians and corporations giggling at us
Cash and carry was what my WWII Vet Dad always told me. He also told me that when they get everyone in the family like your wife to work the prices will only go up along with divorce and it happened. You are paying too much if you can't buy it on one income. Keep the wife at home with the kids and the family is better off. Stop overpaying for homes and cars and let it crash, you don't need it.
I worked from 1978-2023 and my wife stayed home with our four kids, but if you let companies overcharge you and pay it, you will always be a slave to them. They can not eat cars and homes they must sell them. Buying new was best for me because I could deal with the builder at the end of the project and get a big discount, same with my cars and trucks. I would only buy at the slowest time of the year, saving me thousands and I didn't drive cheap cars I owned 3 Corvettes. You need to aim high when it comes to making money and living on one income. No drugs no messing around just hard work. @@FreeloadingBird2584
Did you ever consider paying tithes to God each month? I have since I was raised doing it by my grandma. And I have never been broke or hungry and I have no debt, college and car paid off, and I have so much cash coming my way I can barely keep track. In fact I’m able to give money away to strangers at a local bus stop and have for about 4 years. Lots of hungry people there so I give away money in envelopes. It’s true, you help others and you’ll never be without.
@@jamesmcgraw9684 that’s people’s favorite things to say honestly. That’s why people stay broke. He tells us to give him our “first fruits,” the fruit of your labor. Then he stretches the rest of the money beyond your dreams when you are obedient. When people decide to pay him last if anything is left over, then he gets nothing because people can’t manage the money. God is supernatural. But if you weren’t taught that and didn’t try it, the cycle of poverty continues. People parish for lack of knowledge, they never pick up a Bible and they don’t know how he will help you. It’s sad.
@@jamesmcgraw9684 I’m sure you use the broke cars. God isn’t a religion. Religion is defined as man made doctrine. Men mess things up. And it’s garbage when men make rules. God is a faith, it’s a one on one intimate relationship with him that you talk to him everyday. Try it. There is a heaven and a hell. But… if you are happy staying broke and poor then keep thinking like you do: you are probably so accustomed to that life that you wouldn’t know what to do with prosperity and money in the bank.
My husband & I no longer eat out at fast food places. We used to twice a week , but 2 meals combos at Taco Bell cost us 30 dollars! That’s insane. If we are going to eat out- we decided to go to a sit down restaurant & get great service and willing to pay 40-50 bucks. But every other month for that. Terrible!!!
NO MORE SLEEPING ON THE STREETS...Florida BANS HOMELESS CAMPING ! ruclips.net/video/S2jFZ3i7Iz4/видео.html
Florida, is on spot!
I believe the bigger picture is not homeless or a drug problem, but, what this government is allowing to weaken our country.
There’s something brewing with wars, the Middle East, Russia and China which can cause major problems.
The Roman Empire fell, let’s not forget history.
Give them a one way bus ticket to California !
Anything more than 0% interest is USURY…! It is a FIAT money…there should be no interest exploitation…
I don't get it and never have. Why does the seller have to pay the buyers real estate agent?? Why doesn't the buyer pay their OWN real estate agent??
There is so much money you have to spend not only to buy a home, but to take care of it. Most people don't consider insurance, property taxes etc. Michael, is buying a home worth it?
Anyone who shops for groceries has to know we’re in trouble in this country.
I hate going to the store. It's like that old tale about putting the frog in the pot of cold water and, when you put it on the burner, it won't jump out because the increase is so gradual. I'm literally paying twice as much for many items than I was paying a couple of years ago. TWICE!
This was coming because of the climate crisis. We have the lowest amount of cows we have ever had. Prices of food will keep going up.
You can still eat very cheap and healthy if you know how to shop. People are addicted to sugars and chemicals though. And...conveeeeeeeenience.
Not to mention all the massive increases on insurance policies.
I agree . I shop at Costco and the prices are higher . Except for the rotesiri chicken, which is full of chemicals .
My dad drilled "if you cant pay for it in cash today, you cant afford it" and "if you have a loan on it, it isnt yours" into me growing up. Looking around, i always felt poor, but now, its starting to feel like hes saved my life.
Wow Sounds exactly like my dad too, I kept this principle on myself too.. at 3rd world country. I felt so poor, when I compares it to the livestyle around my peers. But then again, the lines part from saving.. mine literally above 90% of majority, and Debt free!!! While those who love wasting money for mundane stuff, that can be reduced by making it at home?
They ended up having less saving than I do.. they "imagine 1G of saving on their bank account.." wow, that kind of statement really opened my eye.
I.e I plant a productive plants & made My own Private Cafe setup on backyard and made my own coffee & juice straight out of my own backyard obviously all by myself.. I saved me plenty of nonsense price markup.. $8 coffee? Bitch please!
your dad knew what he was talkin about..god bless him
👌👌👌👌👌
All these people that have nice cars, house and thing, but is all loaned are the true Lower class in America.
Same here 'Ne'er a lender nae a borrower be'. In my late Grandfather's day, they bought houses for cash, hard to believe these days.
Back to Basics - eat at home, take your lunch, stay at home instead of running the streets/going out do your own hair, stop buying the throw away clothes, etc., stop comparing yourselves to people's fake lives.
My wife makes us live like that. We rarely eat out and if we do we drink water and the young boys share a plate, have a hybrid vehicle and buy used clothes from thrift or goodwill. It doesn't embarrass me at all.
Are you single?
Even with that it’s still paycheck to paycheck.
stay locked up in home prison.
@@sportluver98 I'm back to basic as much as reasonable. I like to treat myself but I found cutting out extraneous expenses, I have more money left over, to carry over, to save. Look at the 100 Envelope or 52 Week savings methods. Start where you are, with what you can.
In these uncertain times, it's more important than ever to have a solid understanding of how to manage your finances, invest wisely and navigate economic downturns. But my primary concern is how to grow my reserve of $240k which has been sitting duck since forever with zero to no gains, sure I'm all in on the long term game, but with my savings are lying waste to inflation and my portfolio losing gains everyday, I need a remedy.
If you need advice, consider speaking with a financial advisor. Don't get me wrong, you can do it on your own, but financial advisors have a lot more knowledge and expertise in this area.
you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited £560k in 2022 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.
That's impressive! I could really use the expertise of this manager for my dwindling portfolio. Who’s the professional guiding you?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Melissa Terri Swayne for the last five years or so, and her returns have been pretty much amazing.
I looked up her name online and found her page. I emailed and made an appointment to talk with her. Thanks for the tip
I am an accountant. I've talked to so many people taking loans just to pay the monthly bills in the last 2 months it's crazy! And they're employed full time!! It's GAME OVER, economy.
Loans are not the answer. Instead of paying your creditors, you’re paying the bank-plus interest. Either way you’re paying
We just applied for a home equity loan. We have $350,000 In equity. After 1 hour on the phone I asked what the fees were. They a wanted $3500.00 just to barrow $50,000.00. Dollars of my money. I almost fell down. I'm not the smartest guy but there's no way I'm giving someone $3500.00 to barrow my own money. We have a nice home. We are leaving it the way it is. Unbelievable!!!! I guess some people think that's normal. Not us.
Ppffffftt, they should've known better than to borrow a loan from THE BANKS!!!!
😂😂😂😂😂😂😂😂
Sucks to be poor.
@@scottstempmail9045 unless you’re making a quarter of a million dollars a year, you fall in the poor category
I never made so much money in my life and yet I’ve never been poorer. Thank god I only have one human to feed
then they try to say they don't tax the poor, tired of working so hard to feel like I am going backwards
I’m so glad that the internet exists so I don’t feel alone. I remember being 20 and being happy to earn $35k. It was tight, but I could afford an apartment, car insurance (I was able to buy my car without a loan-almost-30 me could never), and I was saving. Now I’m making twice that, have blown my savings making it through the Covid BS, and I’m drowning now worse than I could have ever imagined back then. I’ve gotta get out of Florida-housing is ridiculous-but it seems like it is everywhere. 😮💨
@@kateslate yes back in 2021 I sold my 200k home and bought 5 acres and a tiny home in Missouri. No mortgage, no water/sewer bill and property taxes are 50$ a year. Hoping to start a garden and some livestock soon as I can afford to get a well drilled. Living off rainwater at the moment. But getting out of that 30 year mortgage really was a blessing. I’m done using credit.
Awesome. I actually just posted a comment here that I am considering doing something extremely similar to what you did.
@@regularguyprepper best decision I’ve made in years. Aside from the ticks, the ozarks are awesome. Those prefab cabins you can find deals in a repo for under 10k sometimes they are half finished out. I went with nicer finishes but got maybe 45k wrapped up in my 560sqft prefab. Did most the work myself to save $$
Only thing I would have done different is build a basement to secure it on, but didn’t have the time or cash
I don’t even care anymore. Why should anyone. There’s no point in worrying about shit you can’t control. Just live your life the best you can, enjoy it the best you can and drive on.
Have you lived in a communist country?
@EmmyAng Communist countries built housing units for the people and roads and bridges. This is like a third world military dictatorship with the cops and teachers and government employees taking all the money via property taxes
Well when you retire with no money, you'll be wondering why you didnt care.
@@EmmyAng living here we do -- most they don't know it (yet).
Do you have enough cardboard to make your new house?
How can I safeguard my investment portfolio of around $2M in stocks amidst the economic firestorm? What's the most effective strategy to reallocate funds in my portfolio to hedge against downturns?
Investors need to understand where and how to allocate funds to hedge against downturns and still make profits. if you can't navigate the market you should consult with an expert advisor
Accurate asset allocation is crucial, and some individuals use hedging strategies or allocate part of their portfOlio to defensive assets for market downturns. Expert guidance is vital for achieving this. This approach has helped me stay finan-cially secure for over five years, yielding nearly $1 million in returns on invest-ments.
Can you recommend a trusted fellow i can reach out to? I think that is the right thing to do.
Her name is REBECCA NOBLETT ROBERTS can't divulge much. Most likely, the internet should have her basic info, you can research if you like
I'm pleased with the advisor's prompt and knowledgeable assistance. Her professionalism instills confidence. Looking forward to further discussions.
Im living in my grandparents old 1903 farmhouse that I inherited in rural Tennessee. My property taxes are only 630.00 year. Insurance is 115.00 a month. I have nothing fancy. My refrigerator is 35 years old and my stove is from the 1980's. I don't care. I don't owe a penny and plan to keep it that way/ People gossip and say why would anybody want to live like that? It pisses me off. 'Im thinking who would want to live like they do. They are 500 or 600k into debt.
I think it sounds lovely 🥰
Well done on inheriting a property and being smug about it. Great achievement.
@@baronvonhoughton Lol and can't even afford a new fridge.. how sad.
@@baronvonhoughton How DARE you NOT have a relative leave you a large inheritance. 🙄
I'm happy joeimj6203 is living well today thanks to the hard work, investments, and sacrifice of others. Plus, throw in a lot of luck. joeimj6203's smug comments come across like a lottery winner telling all those who didn't win that they were just too stupid to pick the winning numbers.
Sad sounding life. Go nowhere, do the bare necessities, just exist
Its a shame that the American dream of homeownership has become a nightmare.
Home ownership isn't the American dream... its way loftier than something as basic as that.
That's why it's called a dream. You wake up to realise there is no home ownership.
Thats your government who has spent all your wealth.
@@healsgreat13That part. If you can't pay in full the interest ain't worth it IMO
Best country in the world though
I've been cutting back on everything. There's nothing left to cut.
Same. I'm now trying to just stay inside and move as little as possible, turn off all lights, unplug everything, turn off air/heat, and eat canned tuna 3 nights a week. I could work more but why? It would all just go taxes (esp. for OT or hitting a higher bracket) and then be given to illegals who never paid a dime. What's the point?
The wars with our governments (thiefs) are coming
If there was nothing left to cut you wouldn't have been able to respond here.
Ain't by yourself I've cut taking baths to cut water bill plus don't flush but once a day eat one time a day lights off thermostat on 82 ha lol where my cloths all week before washing so forth I mean cutting to the bloody bone I say !!!!
You sound like me take a bath once in 15 days but do hand wash with a rag save money but definitely on yhe the tuna fish plus great value carrotts spinach navy beans 3 spoonfuls each microwave guess pretty healthy tho ha lol got company yip pee?? @@twobitsandpepper8235
The economy is grappling with uncertainties, global fluctuations, and pandemic aftermath, causing instability. Rising inflation, sluggish growth, and trade disruptions need urgent attention from all sectors to restore stability and stimulate growth.
With the US dollar losing value to inflation and other currencies gaining traction, uncertainty looms. Yet, many still trust in the Dollar's perceived safety. Worried about my $420,000 retirement savings losing value, I seek alternative security for my money.
It's often true that people underestimate the importance of financial advisors until they feel the negative effects of emotional decision-making. I remember a few summers ago, after a tough divorce, when I needed a boost for my struggling business. I researched and found a licensed advisor who diligently helped grow my reserves despite inflation. Consequently, my reserves increased from $275k to around $750k.
Recently, I have been exploring the possibility of consulting with advisors. As a mature individual, I am in need of guidance, but I am curious to know how truly impactful their services can be?
Well, there are a few out there who know what they are doing. I tried a few in the past years, but I’ve been with Sharon Marissa Wolfe for the last five years or so, and her returns have been pretty much amazing.
Thanks for the advice. The search for your coach was simple. I investigated her well before using her services. Considering her résumé, she appears competent.
I live in a moble home and love it. Id live in a van for peace of mind if need be. I refuse to be a slave to the system. Enjoy life you all.😄
the more you know the less you need. enjoy your freedom man.
So did I, for 15 years. Then they planned on closing my MH park, so I sold and moved. All you need is a roof over your head in a safe area once you’re older and kids are grown.
@@CalvinMorris-cf8jk You are 100% correct !!!
I have to have a large home or I’d go crazy
Would you park your van down by the river?
Like Gerald Celente says, “when people have nothing, and they have nothing left to lose, they lose it”.
And.."when all else fails they take you to war....I'm afraid for our future here in the old USA
@@williamwhite7425 👍🏻
Love Gerald! 😉
@@collinfitzpatrick7622you should pay attention. This is global. The next revolution will be a global one
I was born with nothing, and I still have most of it.
I’m a blue collar guy in Ky. The number of people I know who have $100,000 trucks and a $30,000 atv parked outside a $25,000 house is insane.
That is tragic and hilarious at the same time.
A house for 25k?
@@keithlarsen7557 There are a lot of "houses" in rural Kentucky that can be had pretty cheap. I’ve seen double wide trailers on an acre of land sell for $8000. But you need to lower your expectations of what a house is. Water will come from a cistern or well and the water quality greatly varies. There will be no fiber optic internet. Maybe no broadband at all. Heat will be from a wood stove. There will likely be no insulation in the house.
@@rexmundi8154 Alright, getting ready for my 8 hour commute. Home ownership, here I come!
@@keithlarsen7557sounds sweet! I park a $61,000 truck in front of my $490,000 south Florida 3/2 and there is a distinct lack of an ATV. Your Kentucky neighbors look smart enough to me!
You'll own nothing and be happy. The game is over folks. Our kids and grandkids won't have what we've had. I'm 60 and see no way out for them. Thanks politicians!
Yes of course. It's someone else's fault!
Thanks boomers you mean, yall wanted this bs and went to war over it lol
Who voted for them?
Unless you live in a cave, you never truly own anything anymore! Everyone has to pay crazy taxes even if house is payed off!
Lost my 1m $ home paid for in cash bcuz of taxes after 27yrs!!
My parents paid $12 for a cheeseburger at 5 guys. I refuse. I would rather go home and make a prison cook-up. Then pay that much for a damn cheeseburger.
Yah 5 Guys is so expensive. I went last month in New Hampshire and was $20 for a burger , FF & Soda.
Food, energy, utilities and transportation-they can charge as much as they want because they know we have no choice. “I’m not paying $12 for a cheeseburger!” “Fine, starve”. You can see how they have us all cornered.
@@grazz7865 Nobody is forcing you to eat at Five Guys. Go to the grocery store and buy a pound of ground beef and cook your own.
@@Igor-xl4wz I never eat at 5-guys unless I have decided to give up on life
$14 in az 😢
I've worked hard my whole life. I taught my children that education is top priority. At age 42 cancer struck and everything I worked for I watched fall apart. Then 2 years later the pandemic happened.
Now all I see in my children is anger and disspare. They can not afford a home for their families, working just to pay bills, and maybe some food. Not the life I saw for my babies and my grand babies. I never thought hard work and kindness would get me to homelessness, but it has.. We need each other more than ever.. God bless you all..
join a catholic church it will help you
Do you think it would have been easier if you all had moved in together and pooled your resources? Can you guys still do that? Like rent a big house and the grandkids can share bedrooms even if they’re cousins?
@@charleswhite3759you mean open a church
🙏
I never wanted kids and i m doing great! Only myself to take care off!!!
I Stopped buying avocado oil dressing at Whole Foods. It was 10$ for a little bottle. Wal mart had it for 5$. It’s now gone up to 7.99$. I just stopped buying it and won’t anymore. Everyone should stop buying products that are hyper inflated. There is no need to charge that much.
I’m boycotting so many over priced things.
In the UK Heinz Tomato Ketchup was up to £5 a bottle. I stopped buying it, so must have many others. Now everywhere has it at half the price. Manufacturers offer I guess!
Don't stop eating quality products by using toxic products like Canola oil. The products are not hyper inflated. The value of the dollar went down because we paid people to stay home so they didn't catch sniffles.
I agree with you. The stores stopped selling individual carrots and when I buy a bunch or pack they go bad fast. So now I just done add them to my salads anymore. There are other things that are way too expensive so I just stopped buying them. We can get along without a lot of things we think we must have.
@@MrTwade2006 Sometimes I want to make deals with random shoppers. "Hey, you want to buy any Potatoes?" and then split a bag.
True, but we also want to stay health and healthy food is kind of expensive.. you'll pay for your health later if you don't
Living with family is now the new normal to help each other out
As it should be
Or your landlord will rent out your 3br house to 5 immigrants instead and jack up the rent 30% (CLING TO YOUR CONTRACT). My neighbors have BOTH SETS of parents on the property, 1 in a trailer. 6 sources of income just trying to stay in the house. CARS EVERYWHERE.. UPS/FEDX in and out every day.
It's obvious our government is BLOODTHIRSTY. Property tax is insane
Yes
If we think about it until maybe the 1960's? People lived together -multigenerations. After that everyone moved far away. It was the norm. Now? Desperation .....
@likeargamanflaming940 the mother in-law.. every time😏
Everyone said it back in ‘08 when the banks were bailed out that they would make this happen again due to not being forced to learn any lessons and here we are.
They literally started doing the exact same thing that caused the housing crisis in 07 with the auto industry the next year. The exact same banks and loan companies too.
If you look closely youll see way too many temporary plates around you. Thats the people who cant afford the first payment on their brand new 2024 they were forced to buy, because the banks wont loan on a car older than 3 years right now unless you make 120k and up and can easily afford the newer car.
And if the common man or woman says we should’ve receive more money for our work, coworkers call him or her lazy.
In 1987 the stock market crashed and we knew something would happen with economy and here we are.
It comes down to individual responsibility. Blame your elected politicians. They keep printing and spending.
Don't forget that the price of that unending war in Afghanistan and that one in Iraq. Bush knew that he would be so much richer from all that.
My bro did delivery services, car buying, and furnature delivery. He said 70% of people are doing financially horrible and that they're lying and putting up a face to not embarrass themselves. It's scary.
So basically just like the US Government.
I just don’t get why. What’s the point. If we’re all doing the same why try to make yourself look better. We all know it’s tough right now. We all know you can’t afford that stuff. Are you just lying to yourself?
70%??? More like 95%
@@ISureDont I never tried to impress anyone else. I just did for me what I thought needed doing. I NEVER gave 2 shits about what anyone else thought?
I’m like the only broke person around me admitting it and I’m like yeah I literally can’t be the only one financially struggling….i’m just honest about it.
Finding a gf or bf, that don't waste their money is even harder. Having to deal with bs , drama, and arguments is misery. I'll stay single, It's more peaceful. Just get yourself out of dept and quit living above your means.
Same. I'm doing great. A lot aren't.
@Viper-ms9egwhat? Bail out of america? And go where? There is nowhere else go go
I'd be broke today if I'd stayed married. My wife kept us in constant debt with her spending, and that's an issue she's had with her second, third, and fourth husbands.
Totally agree. There's no compromise with women
@@existential69my vote would be to Russia or one of the Balkan countries, the bricks system should be a decent enough life preserve until a gold standard is reestablished.
🇦🇺😎👍I work hard , own everything and I’m going broke. I’m sick of paying the corporate crooks off just to survive and I’m still going backwards . I don’t drink , smoke , do drugs , don’t date , don’t go out , don’t gamble and buy anything unnecessary . No credit cards , NOTHIN !…….WHATS GOING ON ?
@@MrDepodot7 🇦🇺😎👍No that’s one of the reasons I gave everything up years ago. It got too expensive. Eventually you get use to going without. Took a while
This is what socialism does. It hollows out every class but the elite.
You should be thankful for that!
If Corp would pay us cost of living increase annually and not stuff their fat pockets, the middle class might of had a chance. If the govt would of put a cap on rentals and get a handle of big pharma. Corp America is evil too!!!!
Dunno maybe you are just full of it ?
There are a lot of home buyers within the last 3 years that are furious because their mortgage payments have gone up. They failed to realize when property taxes & insurance goes up, their mortgage payment goes up.
Yes the taxes on the house he showed went from 9 to 24 k
@@amrice62That only happens when a house is refinanced, when the deed is transferred or when you buy a house. Otherwise its a max of 3% per year rise. As for insruance. yeah, thats a G damn scam and that could bankrupt some. PS: also if you got an adjustable rate.
That's why when I negotiated my mortgage, I insisted that I pmy own insurance and taxes
@@deep6301You always pay your own taxes and insurance. If you have a mortgage asking to have that paid outside escrow costs you more. You paid more no matter if your mortgage officer explained it or not.
If you pay your own taxes and insurance that is more risk to the wholesaler. They charge for that. Don’t kid yourself or misunderstand. Best thing you can do is pay it through escrow and stay on top of insurance to make sure doesn’t go up too much
To be candid...I believe even with 3 rate cuts...so many persons individual finances have been wrecked...so even with the rate cuts there is so much stress on everyone's finances...for instance who wants to buy a home at top level prices...still high interest rates...insurance rates spiraling....also with month over month inflation taking/continues to take a toll....I believe that we are in for a long slog of a gradual downturn....prices to slowly recede while unemployment ticks up. Hopefully unemployment does not totally pancake the economy!...also the genies been out of the bottle for so long it might be in the short term unfixable.🙏🙏🙏🙏....to answer your question about why don't they let it fix itself...it's political!!
You know things are bad, when Dollar Tree is closing stores, along with their subsidiary Family Dollar with 970, and 300 stores closing.
They are closing because of all the crime
Yes...
Not bc of lack of business or need, but bc the shoplifting is so high they are being robbed out of business 😢
nothing there is a dollar anymore anyway.
They need to close they sell outdated, rotten food
This country will never be the same. You are either rich, or extremely poor. The middle man is gone. The political world is messed up.
Im def middle class but only cause I got in before the house prices jumped up. I def would be living with my mom if I decided not to buy in 2017
Feudalism returns by design = worker bees NO longer needed.
You don't know history...not a clue!
History always repeats and here we once again facing the same enemy with most without a clue.
"You will own nothing and be happy". Scary how true it's becoming
People seem to forget Schwab and his croneys, they didn't go anywhere and are still in charge...
except people ain't happy
Don’t forget and eat the bugs!!!!
Minus the happy part though
Schwab and his cronies need to show us how it's done then just maybe we will decide to own nothing and eat bugs as they keep telling people.
How the hell does a house go from 930K to 2.4 mil in 2 years? Who is making this kind of money to pay these prices?
chinese investment companies
in the UK when we left the EU it put the entire country on fire sale to Russian and Chinese investors who bought all of the property when the currency crashed. The politicians all made millions from it as they knew this would happen. I think in the US investment companies are buying up all the properties as lifetime subscription income for them. It's not people buying houses, it's financial houses buying houses.
no one...its law changes, blackrock, sequeya, buffet capitol group can now own residential!!😳😳😳😔😔😢
all over the world, 5 y. ago I paid 2k$/sq meter- now they cost 5k$/sq m in my country.
There is a reason so many adults are living with their parents.
It makes sense for my son to live with me in his 30's. My house is paid for and I'm in my 60's.
I work to pay bills nothing else after
What a time to be alive 😮
You have bills for things you consume. Who do you want to pay your bills?
@fadingworld5569 I assumed he had a spending problem. You could be right and he needs to earn more money.
The minimum wage definitely has not kept up with inflation or anything else.
@@laurenurban3942 Minimum wage will not buy you the maximum.
@@Ian-yf1rl I'm in Canada..I watch my water and electricity consumption very carefully. I keep my thermostat lower than many people do in winter. I'm a senior who has to work to stay in my home. Property taxes are constantly rising. I don't eat out....I don't even buy coffee when I'm out. I am treading water right now and I even have a boarder. I know many people who are in a worse situation than I This is the worst time that I have ever experienced and I blame our corrupt globalist governments..
I grew up poor. Got my 1st job at 12 y.o. and had at least 2 jobs at a time for the next 40 years. I pay for my living costs in cash and have not paid a penny in interest in 30 years or more. People who know how to live below their means will always survive if not thrive.
@@Lily-td3co survive, probably. Thrive? Not necessarily
@@nettewilson5926 Exactly. I grew up poor. You don't thrive you survive. Only a fraction actually make it out and thrive
Wife just got back from San Fran. She experienced culture shock with either homeless camps or extremely wealthy within a block of each other
,,,, i am a tank commander in germany ,,,, i need fuel ,,,, do you have some ?
sounds like Houston and every major city in the USA
@@akopowerletsplay3884 just 87 grade sir
SF is 3rd world now
Same in Seattle. I absolutely hate going there now.
I am a single Mom that always had a clunker car. It got me to work and thats all that matter. People have been surprised when they saw my car. I asked them, "What kind of car did you think I have?" And they have answered a luxury car😂😂😂😂. I have my coastal home in CA almost paid off. I never went on vacations but I live in a vacation town so I appreciate living next to the beach. 😊 My Father would tell me growing up, "If you cant pay cash then you cant afford it." Take care everyone!❤
Gross
That child really hits doesn’t it
I don't hear the politicians complaining about how expensive it's becoming to live, funny that🤔
It gets tough. They will vote themselves a raise. That easy.
There are plenty of politicians complaining on behalf of their constituents. They are called conservatives.
why politicians should complain about their excellent life style? Everything is going good for them)
@@71kevman Yep, it's only conservatives that even admit there's a problem. The liberals just gaslight everyone and tell them it's great.
Trump talks about it. Kamala says everything is great. They won't close the border
It's crazy since it is happening all over the world. You can ask people in Australia, Brazil, Canada, Germany, UK, etc, and everyone will say the same thing that they can't afford anything.
3 of the countries you named are commonwealth countries so will have a very similar economy.. but I get your point
Interesting. I thought it was only America and China. China banks are failing and a lot of people have lost their condo. What’s worse is those are prepaid before they even build and they didn’t finish the building . In some cases they didn’t start the building.
I've been watching videos on the crisis in China. Things are worse there.
@@tracyjacksonjackson4221I bought a big house there, everything is great.
❤
It's all been by design
My wife and I pay everything in cash. We have broken away from the credit system. Dont need it. Can't tell you how much freedom and relief we've experienced.
100% correct! Same here 😊❤
I started that policy at home over a decade ago. It’s the only way to live.
By the grace of Our Lord, Jesus Christ, I’m in the same situation. The problem is I am saving 50% of my income; but I don’t have enough yet to purchase what I know I will need to be self sufficient enough to make it through the next economic crisis. Actually, I mean the next major financial depression.
I've been like thaty entire life. As soon as I got my credit good I saw exactly how quickly u can fall into the trap. If I came by with cash I don't need it. Only reason for credit is to not overpay for s*** all the time, did a lot of that in my time also.
It won’t be that way long so enjoy that. Cash will be gone in a few years.
$23k in property taxes??? i dont even know where to begin.. do u even own your own house??
Probably lives in a van, down by the river LOL !!!
You never own the house. After the mortgage is paid (assuming I live that long), we’ll be renting it from the lovely town of oyster bay! 🙄
That was showing that the property taxes were overdue and not paid.
@@RD-kz4wrIt was not. That was the new property taxes based on the new Value of the home, and associated insurance cost. Florida doesn't have state income tax, so they collect Rev. on property tax.
It's 'legalized' (because it's done by the government) , extortion and theft. If you don't pay the property taxes they put a lein on your home and steal it. They will steal a maybe $200k house over an unpaid $3000 bill. This is all planned so they get to steal it and we all end up as renters. Remember : you will own nothing and love it .🤬
We live comfortably. We decided to tackle our debt decades ago. We now have no debt, mortgage, or car payments. It is the most liberating feeling.
Good job. So did I and now inflation is digging in. Good luck to everyone because it’s gonna be a bumpy ride.
Congratulations you're not helping and we don't care.
This guy cracks me up., He educates up AND gets his steps in as he walks the streets of Florida reporting FACTS.
As someone who's had not great roommates before, and I know others have had WORSE, requiring a roommate is a horrific future.
It definitely is, I had one once, never again if I can help it!!
Even the best roommate is still a limiting factor. I was very lucky with my roommate, but even then, I still clashed with them occasionally. Like sometimes they were hosting a small party and I was trying to get some shut eye 'cause I had to wake up early, etc. etc.
@@HazyFace_I feel like the right ppl have not met the right ppl to be room mates that can work together to get a house.
Oh people are crazy. No roommates,no way.....
I feel like no matter how well I do. I'm not getting a head. I'm not hurting, but I'm definitely not flourishing.
It’s called the fed
Its also called malaise. A stagnet state of being. We had it w Jimmy Carter.
This comment 😢
well I'm hurting. I can't afford shit and I bust my ass sic days a week
they won’t let it crash until there’s a system in place that allows the people in control to stay in control.
They’re working on it.
…so the system we have now
@@seanthomas2083 it definitely would be modeled after the current system. but don’t underestimate the greed of people. we’re already at each other’s throats for pieces of paper with numbers and pictures of people that got us here. imagine what the’ll have us doing for digital numbers they can just type on a keyboard.
The crash has been happening. Welcome to the CBDC.
Who's "they", AoC? Jerome Powell? Biden's handlers? There's no one driving this bus.
Thank you for these videos. So tired of people bragging online how much they have knowing the struggles people have.
I’m in finance and I always say it’s not about how much money you make but how much money you keep.
Exactly
Not what you make but what you accumulate !!!
I've said the same thing for years, for me it's my only hope!
Stop,think and save your money folks and you will b saving yourself
💯
Am retired with no debt. That's getting harder and harder to do.
So your debt free retirement was just given to you, or did you have to work and plan for it! I worked and planned for my debt free retirement! Now let face it, most people are not that bright!😢😮😅😊
Same, 51 years old living in Ohio, retired. I live in northern Ohio. Cloudy, cold and gray winters but hey….its cheap to live here. I have my own gas well to heat my house. I’m a blessed man. I feel sorry for folks struggling. I always worked hard, saved, invested and lived below my means. My grandfather who was born in 1907 taught me. I listened!
@@darylyost7273 BINGO. I copied success and planned ruthlessly. My HS peers also often went into the police, Post Office, and armed forces. I chose the Air Force and fully retired before most of them. What's hilarious is I've civilian friends who also own their own land debt-free but they only have SSI disability because they really are too disabled to hold a job, but that didn't stop them from buying cheap chitty lots no one else wanted, having a used trailer dragged in then slowly fixing it up. I probably know more poor country boys who are debt-free than well-off city folk. I was born in an expensive suburb and hated it (too many rules). Today my alarm clock is a rooster.
We are debt free but my husband was in manufacturing all his life & could never keep a job for long due to shut downs or lay offs. All he ever invested in was a 401k & those got used to make ends meet until he could get another job. He doesn’t get much of a pension so he’s working a part time job at age 74. Glad he enjoys it. It is what it is.
We're retired. We have a little debt still, but not enough to keep me from retiring. $50,000 left on our home 3.1 per cent mortgage, and $6000 left on my truck at 3.3 per cent mortgage. They are both self correcting debt (one paid off in six years, one paid off in a year). And, our motto is, we don't borrow money any more. If we can't pay cash, we don't buy it.
I just moved out for the first time... I bought 3 things yesterday:
Floss picks, a plain picture frame, and the cheapest paper towels i could find... $33 total.
Go to the dollar store next time.
.IF u have one.
But i KNOW what u mean. ❤
Get your picture frames at thrift stores (there are lots of different types of these stores). Switch to washable rags. Bulk buy toilet paper and other things with friends and family. Get to know those local dollar stores. And plan what you eat. Conserve gas with an errand circuit that links all the regular places you shop, exercise, etc.There really a lot of ways to save when you simply decide to do things differently.
I went to Dollar General a couple months ago. I bought 2 - 12 pack Pedigree dog food, 2 - 20 lb. cat food and 2 - Tombstone pizzas. $100 dollars. 6 items, $100?
I said to the lady, that sure don't look like $100 bux? She replied, "This country is going to hell" As I left, I wondered just how she did it on her salary?
You need the floss
Use washable rags
Don’t buy trinkets like picture frames
My wife passed last year and I went through my house to get it ready to sell or at least have it ready if I pass so my kids don’t have to deal with it
I know for sure that I took at least $5000 worth of trinkets etc to the dump
Get a bidet. I have one that has a heated seat and warm water. Ahhhh! My tp bills have plummeted.
Anyone who says ‘it’s ONLY $11K a month’ doesn’t live in the normal world where rent is under $2K.
Im from Rio de Janeiro- Brazil and nowadays life is getting harder, everything is super expensive, barely can afford food anymore, 2 meals daily and that’s all. A lot of stores closing
This is a world-wide economic phenomenon.
You live in Rio? I never been sounds like a dream city with great beaches amongst other things my wife wouldn’t want me to mention 😂
@@MiaQuackoBe cautious with Tinder in Brazil.
Oi, aqui nos E.U. tá dificil....
And those fast food chain stores each store cost a l
ot of money to put up the property,licence insurance, utility's, help, at 1 1/2 million each building,thats a lot of lost money whe they bulldoze it, who has to eat all.of that ? Any body know ?
100% caused by GREED, GREED, GREED. Everyone wants more than everyone else and far more than they need. GREED.
BUT I AM RICH BILT A MOSALIM TO LIVE IN TILL I DIE. BUT I NED MORE OF YOUR MONEY
Its not as much as financial greed but the W.E.F wants to control the world. The richest of the rich decided that they should control everything, manage populations, distribute what foods and medicines they feel appropriate. People get angry believing that this is just something that is happening but Klaus Schwab and his Billionaires at the W.E.F. control many of the worlds political leaders. Biden is a willing follower or they have all the dirt on Biden and he does their bidding to keep his entire family out of prison. Trudeau is a favorite son, many European leaders bend the knee, even China and India report back to the W.E.F. The W.E.F can buy and fire any American Mayor, DA, Legislator that they want, Democrats are generally on board but the RINO republicans fall in line. Its time to look at the puppet master lurking behind the curtains who are pulling all of the strings. All it takes are greedy power hungry politicians and the W.E.F.s work is made so much easier. Add in the general ignorance to what is happening along with the willful avoidance where people don't want to see it when its right in front of them in plain sight and you have a situation where the W.E.F. can operate with impunity. Once you realize just how insidious the W.E.F. is to have robbed a planet full of people of their ability to voice their opinions and influence their counties future by voting. If their leadership are WEF puppets then elections are moot and free will is lost.
Don’t leave out EVIL.
Ukraine needs all of our money to lose a war. Fuck our border tho.
Ain’t that the clean truth!
I'm tired of paying $6.50 for a gallon of gas $9 for a 6 pk of sausages. And the list goes on and on and on. But no one wants to say anything especially fake news. This is the reality and the truth
Gas all across Middle America is around $3 a gallon.
Come to Europe. You will pay 8EUR for a gallon....
@@differentangle2499 yeah I'll be right there to fill up my gas tank. 😄😄😄 No worries Trump will be in office the we will have the gas cheaper
@@MrSteeDoo and in vancouver b.c. canada its around 8.00 cdn a gallon for regular low grade, diesel even more........
@@reverendaljones45 OK well you might want to think about the cost of driving before you leave home. Perhaps combine all your errands?
I completely unplugged from the nonsense over a decade ago. I refuse to keep giving money away on car notes, insurance, bills, shopping, travel, etc. All I have to do is stop doing it and the debt stops immediately! I work to live! I do not live to work!
🎯
Well that’s the problem with employers and the federal reserve. The federal reserve says work is your asset. Well when wages are not enough to even make working worth it there’s a problem. People work to eat and have a place to live and a car to drive they don’t work out of some noble ideal
"Incomes are going up" is complete ludicrous! Seventeen years ago I was in a deadend office job making $13/hr. Now I'm $75k in student debt, have two licenses and one degree, only being offered $8-$10/hr!
Like the old saying Kamala Harris used, "It's not who you know, it's who you blow".
Are you serious? Maybe depends on the city, no one here pays 8-10 anymore. Not even for something on the low end skill wise.
Go to California and get a job at McDonald's....$20 BUCKS AN HOUR😂😂😂
The 45k salary John makes now looks like he makes 13k more than the 32k he made at age 21 back in 2003 but it’s value is actually 5k less when you adjust for inflation. 42 year old John also has 1k a month insurance premiums, 1,200k a month grocery bill, and utilities to pay for. Thank God John inherited a house and has no mortgage and both vehicles are paid off. I’m speaking for a friend.
👀
Edit: Let me rephrase this. The value of today’s 45k is 28k in 2003.
"I'm an adult who doesn't experience object permanence. What I currently see is the entirety of reality."
For every job lost, there's one less consumer to spend at a retailer. Consumerism is what keeps stores and restaurants open. When consumerism dwindles, there's more job losses. It's a circling the drain of the economy scenario.
Fewer jobs leads to less taxes to collect - payroll & sales.
@@soularddave2seems to be more a plan than a phenomenon.
Joe, why would it piss you off? You should feel sorry for them. Living high on the hog always comes back to kick you in the arse if you are living beyond your means. It will catch up to them and believe me, they will call you smart.
Businesses failed = tax revenue gone = buildings unoccupied = blight = anarchy in the streets = lawlessness = what next = ( guess---you can do it).
Let it crash! They can't do that. That means they would have to look at the truth. That truck is not worth $98.000 dollars. The house they paid $400.000 for is not worth $2.5 million. The truth hurts! Keep preaching truth. Keep up the good work.👍
but it is worth that now because they printed so much money during covid.
Negatory ghost rider!
@@Mark-pb8kj Not neccessarily. Its worth what people get paid and can afford.
For the clueless your monetary system has value as long as people believe it does. It’s designed to do what it’s doing. Research ur history a bit. 🙄
@@jecrpalier It has value because of law. It's legal tender.
People are buying houses they can’t afford and buying automobiles they can’t afford. Now they’re crying that they’re going bankrupt
24K just for property tax????? what is the county doing with 2K a month from this one taxpayer? Is it such a great place to live that its worth footing a 2K a month bill for county services?
The county is driving these people out of their homes... not inflation
It is crazy isn’t it ..
1/2 my property taxes go to schools. That has become a waste of money. Absolutely the government wants housing prices to keep going up up up. More money to waste.
I pay $845 a month for school tax for a school I am not allowed to use (NY) because they took away our religious exemptions. We have one foot out the NY door.
Giving themselves and county employees huge raises.
Property tax is outrageous. It's not used for anything but padding pockets.
The reason the Fed won't let any banks and CRE fail is because of WHO would lose money. As long as inflation is killing you and me that's fine, but rich connected people losing money is unconscionable.
Inflation is why stocks will continue rising. Who can afford stocks? The rich. Inflation is also why property values continue to rise. THERE WILL BE NO CRASH unless Putin invades or environmental disaster like earthquake or volcano happens. Police state will always be on standby. Poor may eventually revolt.
@@rubberduckie5518 I think all of the scenarios you outline result in the FED also going back into printing and inflation going through the roof.
Yep they've already said they will happily allow any community banks to implode. Also any regionals that don't have famous enough stakeholders. Thus concentrating all assets at fire sale prices to the few banks all but owned by the govt.. which they've also freely admitted.
It's all by design, the politically favored get the benefits of capitalism with 0 competition while the rest of us slave away on lifelong series of permanent leases. People need to wake up.
@@rubberduckie5518not true at all lol… and tbh you and I will never know the real truth, but we are on a collapsible trajectory because of improper lending, and lies about who had what money and how much was truly there. There are multiple companies that kinda keep the US in check that have fucked up lately really really really bad… and it’s hitting 2008 crisis bad, but it’s much worse. Added internet Wild West type stuff and technology pushing more humans to irrelevance than jobs created…. It’s Idiocracy the movie coming to life. So either adapt and take advantage. Or sit back and complain like most? Up to you.
They let banks crash in 1929 and we had the great depression.
There's a reason we don't let banks crash and people losing their savings.
If you're money was lost when your bank crashed, I'm sure you would be the first to complain that the government should do something.
Its not yours if you have a mortgage on it....Hell its never yours because they take it away when you can't pay the Taxes or Insurance on it.
Property taxes is the biggest scam in all of history and needs to be abolished. People need to grow a pair and stand up to them (myself included).
Or in the uk have to sell it if you need to go into a nursing home
Yep, so you might as well go as small and cheap as you can so you don't spend your entire life working for something you'll never really have.
People need to learn HOW TO CONTROL THIER SPENDING TOO!!
Yes, spent what you really have in your pockets. Not the air money and have to pay high interest of makeup money. Been debt free since I was 36 and only used cash since. I'm 60, own my house and never bought a brand new car. I pay cash on used cars since I was 16. Live with in your means...period.
I'll tell you how you know everyone is going broke.. after 7:30pm there is no traffic.. not on mondays not on fridays.. not on saturday.. no one is going out.. because they don't have the money.. the only time traffic picks back up is when retail stores close and employees go home at 9-10pm ... now is there zero traffic no some people are out on the roads. but I live overlooking the main highway and I can tell.. no traffic.. and gas prices are not $7 a gallon here they're half that.. its everything else they can't afford.
🎯
Broke, or getting smarter
American?
But Biden said the economy was great…
I work weekends and my city is a ghost town until noon or so. Then people come out to eat lunch at fast food. Weirdest economy/society I have ever seen.
Very impressed that you can walk and speak your thoughts without a script…… day after day
but can he chew gum at the same time
He has the gift of gab. I can tell. 😉
There could be someone walking in front of him that's not on camera and he's reading from a script. 😂
@@FloridaEbikesI don't know...
@@BREEZYM6015 i dont see anyone in the reflection on the sunglasses
Also, you can tell people don't have money because they aren't spending to plant flowers and keep the outside of their homes nice. I have noticed this over the past couple years.
I have noticed this with fertilizer and general lawn care declining.
Interesting observation! I’ve just noticed little things like not getting a cracked window fixed or not washing the car. Still women around me are getting their nails done, and tacky eyelashes; so it’s not complete mayhem yet. 😅Priorities!! 💅
I have noticed it is the younger buyers who don't. I live in a community that is still building & that is my observation in general.
I wonder if it’s because the houses are rentals? Young people don’t like yard work or the landlord is cheap?
Maybe they have money but not wasting it on unnecessary things like flowers. Stop assuming folks don’t have money.
My parents always said, "If you can't pay for it in cash today, then steal it".
😂😂
You must have had some reaiy terrible parents
Moved to San Diego by 2 years ago. We have 2 fully paid cars, no debt. Paying 4k rent. 120k/year is not enough for a comfy life here. Not even close.
You got that right...me and my ex-girl friend lived in SD...in 2002...and it was expensive at that time...1 bedroom was going for $1800 to $2500 back then...the weather is nice that's about it!!
Nobody can afford even Phoenix now, forget about California😁🤣
Those calculations are for take home pay. You need 160k-175k to take home that 120k in Cali.
More like 350k a year
@@aceyorba yes. Even with that I don’t feel confident buying a 1mi home 9k/mo mortgage…
Wages have remained stagnant for 30 years.
Except for the so called CEO's!
Not so much wages, as everything has gone up and most jobs are part time.
I got a 25-cent raise 😂
That is the opposite of the truth for minimum wage earners.
higher wages only increases inflation.
Another 1.3 trillion down the toilet coming too.
If ever there was proof that it’s a monoparty that doesn’t care about “we the people.” The cabal must be removed.
Sigh, my comment got scrubbed.
@@howy41You can't stop the disco duck. 😂
You are correct, wonder how much pork is in it?😢
Juan Garcia is $$$
People claim they're broke and complaining about rising prices, but the drive thru lines at Starbucks and fast food restaurants are insane! People don't know how to prioritize their money. A $6.00 coffee drink is more important than saving money, and Im sure they're putting that coffee on a credit card.
Found the boomer
i work 5/6 days a week and I can barely … actually i CANT afford groceries. 4 months ago, i had a $60 budget for groceries and times are so expensive i had to cut my groceries budget lol if you think a $6 is what’s making people poor, you are so out of touch with reality and should probably talk to more people 😂
Exactly! They have no clue how to do simple math. Make a coffee at home for less than a dollar. Then they would save. Literally $140 a month. $1680 a year! That’s just in coffee. Do that in two or three other areas and you just gave yourself a $5000 a year raise. People are idiots!
@@ZulkSOD perhaps you should learn as to why the boomer has 10 times more money than you do and isn’t struggling. 🤦
@@Maynardd bro why/how are u assuming I have no money... Just saying people your age (assuming your're also a boomer) could buy a house/have kids/2 cars off a single "average" income. It's not the 6 dollar coffee that's keeping people from establishing wealth, the problem is that boomers bought land for 100 dollars an acre and now a days it's worth 100,000!!! Boomers aren't wealthy because of the 6 dollar coffee. They're wealthy because they got in at the right time
Your future = Living in your car at a convenient store parking lot so you have access to a toilet!
Everyone is not going broke…..they already are broke! And the USA national debt is horrendous but will still send billions of $$$ to foreign governments for wars we have no interest in……it’s no surprise so many are just one paycheck away from homelessness. Sad but true even for us renters
Not everyone.. I am awash with money and it goes up $15k many days. I paid attention in school.
We in the U.S. are worse than broke. We have a bunch of high interest credit cards maxed out, then we take out a loan just to give to somebody else (Ukraine, Haiti, Gaza, Taiwan, the UN and NATO)
I don't know anyone broke really
Be careful..homelessness is illegal now in many places
That foreign aid is absolutely peanuts to every other gov’t expense. It’s a distraction, political trick, don’t fall for it. You’re being lied to at every turn domestically. They highlight international stuff to deceive you of the real problems at home.
I used to have more than enough money to take care of what I needed. In today's world, I literally have almost nothing left after bills and living expenses, it's getting to the point where I'm close to defaulting on payments because my food and housing is more important then certain bills.
Maybe you shouldn't be subscribed to all those netflix, hulu etc.
@@spanishprisoner don't forget avocado toast
@spanishprisoner I wish it was that easy, but it's kinda hard to unsubscribe to something you were never subscribed to, to begin with. I'm a minimum wage worker who has fallen on hard times stuck with bills and loans I never wanted to begin with but had no choice as it was that or the street. Please don't assume that I'm wasting my money on subscriptions when I can't even afford to pay for my own basic needs.
@@doe9de995 sorry you're going through that. i have been working two jobs to stay afloat, and now that there is a new district manager over my store, everyone's hours are getting cut, so i have to fight just to get hours. scary times.
Price gouging on food & utilities got my whole neighborhood last year.
Last christmas we all gave eachother IOUs & vowed not to cash them in until we got our tax returns.
If you remember the recession in the 1970’s, you know what to do. Control the grocery. One night a week treat yourself. Cash is king! So is bartering. Swap your skills for what you need. Container gardens, bulk foods, even canning is hugely economical and frankly fun. You’ll appreciate your work in the coldest days of winter. Group purchase is side of beef or other options. Buy close to home, share or gather neighbors list at bulk stores and save gas, fees etc. don’t be afraid to swap stories of savings and other shortcuts with friends. Neighborhood gatherings, church picnics etc are great places to meet people who are in the same boat.
Once they force a digital currency, hoarding cash will do you no good!
I would never buy an EV , the price to replace their batteries is crazy!!
I heard that insurance is about 30% higher on EVs, something else to consider
You don't buy EVs. You lease them (very cheaply 250-380 /month with 0 DAS (due at signing).
@@piano8481Own nothing and be happy.
If it catches fire good luck..your house is gone if it's in your garage.
@@janetrogers4738how many EVs catch fire vs combustion engine ones? We have two EVs in garage, no concern at all. We also got used gasoline car for the teen, but nobody wants to drive it. EVs are perfect for certain use case scenarios. If you don't drive >250 miles a day, i suggest to get it.
I work for a spa and they push me to sell products to guest no matter what, they even gave me a warning notice for not meeting sells goals… the thing is people are so stressed out and they want to relax so they go to the spa but Little do they know that the goal at the Spa is to sell them more crap… also, my boss got their children a new Lamborghini 😂😂
It’s annoying because they don’t realize most people are struggling just because they go and get a massage or facial doesn’t mean they have all the money it means that they want to relax
the same in EU, my boss paid me a litlle saying got no money, but bought a villa for her daughter.
Quit that hsit job yesterday
I went to TJ Maxx the other day and thought they’ve always pushed their credit card they were exxxxtra pushy this time. I told her nope if I can’t buy it now with cash I don’t need it. She just kepttt going talking about no annual fees but a 29% interest rate. They know what they’re doing 🙄
@@jesselle_ is very unfortunate they do that.
And the thing is that employees are push to do it bc their job depends on it. They have to get a certain amount of cards. I worked for Banana Republic and Old Navy and we had TO SELL cards😠
@@jesselle_ She gets a commission
I live completely debt-free. I bought a car in 2019, and paid it off in 25 months. The only reason I didn't pay it off earlier was because Covid came along and I paid extra only one time in 2020. I'm probably in a much better position than many people. I'm grateful, but it wasn't an accident, either. I know that what goes up, must come down. You use the good times to prepare for the bad. I learned the hard way from 2008.
My father taught me to fear debt more than death, so I’ve always always felt poor. I just hope I don’t end up paying for other people’s poor decisions and lack of financial discipline. I have a feeling I will, and social security won’t be there for me.
The answer to your concern is to pay 10% or more to God each month when you get paid. He will take care of you then.
SSi won't be there because the robbers have taken money from SSi to fund other useless programs. We pay for their theft.
I’ve felt rich ever since I’ve been able to have no other debt than my mortgage (2.625 %). On a govt half-pension and SS. I’m the most frugal (read: stingy boring scrooge) person my 1 and 1/2 friends have ever known. Works for me.😅
SS won't be there for anyone in age range of Millennials and younger. I think Boomers and Gen X will be grandfathered in but that will be the end of it.
@@2004cyrus😂😂😂 yeah throwing money away to God who is non material is the biggest scam in modern life. Eff that.
I have never earned enough by myself to be comfortable and I have a college degree and have worked all my life.
teacher?
Same..
so do I. I got 2 of them - constructions and HVAC but I work physically, the only one that counts is medicine. In my country they get 100-150$/h in hospital, when got private -such a wage for 15min.
Yeah, society lied to you and manipulated you. You worked to make other people rich. Going forward, don't listen to them anymore. Make your own decisions, try and work for yourself if you can. It's hard, but very much worth it. Good luck and God bless.
@@factsdontlie4342 God Bless You.
I'm 72 and started working, summers, when I was 16....always worked hard. I made some mistakes, wasn't a great money manager and never invested but I always had a fairly nice house. When I see these prices I am just baffled. Even in today's world how many people have got 2 million bucks for a house? I mean, who makes that kind of money? Obviously, there's a minority of people who - somehow - do make enough money to spend this for a house but it still has to be a small percentage of people. Again (I've said it before): Beginning with Reagan we started moving more and more to a shareholder economy and the 10 or 20 percent of people who are actively in the stock market are, soon, gonna own everything. The fulcrum upon which functional capitalism turns is competition and we're wiping out competition in a every way. This whole country has become an out-of-control pyramid scheme.
All by design too; it’s been planned for decades.
Most people buying $2M homes aren't financing the whole thing. They've built up equity from previous homes and put that toward the new home.
Dude, then you should invest in the stock market and stop complaining.
Not really. The stock market is treacherous, people are always trying to get you to spend more. Change that to people that have big money in the stock market.
Sounds like you're on the wrong side of inflation. The people.
In the stock market and investors that have a financial education have simply learned a trick and that is that the government is not going to stop printing money so don't save what governments can print and start saving assets like Homes, stocks and Bitcoin. Remember that what works for the rich will also work for you, even if it's just starting out on a smaller scale. and remember, poverty does not require a plan, but building wealth does. So what's your plan?
The problem here is that big players get bailed out while small ones just crushed. Capitalism isn't working as it should.
Because what we have isn't capitalism, and hasn't been for a hundred years.
Yah capitalism has been gone since the 80’s this is socialism gone wrong once again
This isn’t Laissez faire capitalism our founders intended.
"Capitalism"
You mean corporatism.
This is the type of content that should be on the main stream media. Rational unbiased information.
Yep, but it ain't gonna happen.
Such a crackup. They bought the house a couple years ago and now want to flip it for 3 million. They live in an alternate universe where aliens from space come down to buy the place with diamonds.
Yea delusional !
The basic homes are not worth that value! People are destroying the family home market. So short sighted can't see past the greed that is going to make it impossible for there own kids to purchase a home in the future.
That's OK though at least there will be a rental option available to them from some Chinese investor 🤣🤣🤣🤣🤣
It is good that we all are going broke together
😂
“Broke together, STRONG!” 👊🏼👊🏼
We’re all in this together 🤡 😂
Speak for yourself I am a retired janitor doing just fine ty
I will never go broke,I have GOD who still on HIS THRONE,he taught me how to manage what HE has given me.
100% Can't continue. I'm 48 from a family of self employed, hard working business owners. My parents were both from the 1930 and I know from their experience through the depression and my own since childhood and history. Our economy, prices, cost of living had never been this out of whack. People can't afford to live like this. I have very little debt but rent, property values, food, fuel everything is far to expensive and income is not and will not be able to keep up.
Covid screwed everything up. Millions of businesses closed. Millions lost their jobs. But prices are still high because everyone is speculating and trying to make a quick buck. Then you have all the lonely and depressed people who are buying themselves expensive toys in order to feel better
All anyone can do is try and improve the current situation you’re in as much as you can
My car was made in 2004. I have no debt other than my mortgage and no desire to get any.
Unfurtunately the people who took out massive mortgages have profited over the financially prudent
Still driving my truck made in 2002. I also keep a car made in 1992 . I keep them going by doing my own maintenance. After several dealer shop screwups, I decided I can f things up a lot cheaper. Watched youtube and learned how to do it myself.
Ditto only my daily driver is 2000, bought it brand new, no car payment since. Only debt is mortgage in which I pay extra to principal each month when I can. Keep groceries simple, eat the same meals day after day. Buy coffee, make at home and bring to work, pack my lunch and all that jazz. Everyone at work goes out to lunch, I never have, not even once, I bring my lunch every day. Insurance costs are killing me, homeowners doubled. Getting harder however, I will continue to do my part to live "simple". Not always easy however, it is currently necessary.
Same here. Just paid off a 0 interest credit card promotion that was about to expire and go from 0 to 27%! Ha! no way.....I paid it off and I'm sure the credit card company was hoping that I didn't. Now working on paying off the mortgage. Luckily, a relative gifted at 2016 car to me.
@@MrCPPG 😁😁😁😁
I'm a 67 yr old man who is a former Marine & a factory worker retired. I never used a credit card in my life in fact I've paid cash for everything & live within my means.
ok do you want a cookie?
well done, it was a lot easier in your time
when my parents brought an house here in the uk the average house price was 3 times higher than the average annual salary
now its 9 times higher than the average annual salary, and renting also reflects the price of houses
You should be using a credit card. It not only is good for the credit score, but you get free rewards money. Not using a credit card is actually kinda dumb.
Got to love that 0.1% return and 20% interess
Nobody cares boomoid
Our leaders don’t want a crash to happen on their watch because they know they will be the next to be unemployed.
On the contrary I think they’re letting it all go to hell so they can build it back with a green agenda. You lease it from them after paying for it through future taxes. One step closer to population control
Good one 😅😅😅😅
Are the leaders humans? Majority of them are reptilians.
They're all super rich, so how does being unemployed adversely affect them?
Walks around talking about cost of living crisis, (reading from the phone) as we see Bentleys Mercedes BMW's etc in the background.
..loaned..
I took a cross-country motorcycle trip from the Mississippi to the Atlantic last summer. I was astonished at the absolute decay of almost every city, town, and neighborhood that I passed through. I saw **countless** homes that desperately needed a new roof or siding repair-and had clearly needed the repairs for quite some time. Vehicles were trusted and in disrepair. Roads and highways for hundreds and hundreds of miles, through numerous States, were in shambles. It was very clear from the zoomed-out perspective that the country is in a state of decay. People and communities can't afford to maintain existence, let alone advance and prosper.
There used to be manufacture of things in America....besides fighter planes.
@@Qingeaton - Where have you been? Manufacturing is actually starting to come back to America now. Read up on the CHIPS Act.
Most of those states in total disrepair are southern RED States! They take in far more federal tax dollars than Blue States too.
@@kingtrance307 I'm talking about actual companies organically choosing to make and sell products, not some government subsidized program of this or that.
@@Qingeaton - The US government has always invested in US business and this predates to WW2! Name me a single corporation that hasn’t benefited from this arrangement. Every major government in the world practices it. Also the Chips Act is vital to US National Security. Why the hell wouldn’t the US want to be manufacturing semi conductor chips in America? 🇺🇸
Property taxes that costs more than some people make.
Time for a new government.
time for LESS government.
Way PAST time. 😉
Great show ❤
Time to let these people go under so they can't sit on houses. Quit the bailouts and money printing.
They are using most of your property taxes to pay lifetime pensions to retired workers. Cops firefighters Teachers municipal workers judges politicians and so on. They want us to pay for their lifetime free ride. That's what they never tell you. We are broke as a nation because of the pension funds
If things are sooo bad why have 30+ million people book cruises. 40+million get on airlines for a holiday?
Government officials and employees
It’s all about the politicians staying in POWER.
Wish the could fire a politician that does a bad job.
Give them one year to prove themself than they’re out . I know it won’t happen.😢
Politicians want to stay in office just long enough to receive a lifetime pension paid for by the tax payers. It's all about the pension
@@gregorylyon1004Not necessarily, look at some of them in congress over 65 and still being voted into office. They must be gaining more than a lifetime pension. Think about it.
The politicians are all
Owned by corporations
@EvelinHolmes ..Yes it's called Term Limits.
Vote with your dollars. Live debt free. Volunteer at local churches and charities. Enjoy life. Grow food. Learn to can and Jar what you grow. Be kind to yourself and others.
I wish. That takes land.
@@heididuncan601 find friends with land or patio space or whatever you can and start a grow op. Think outside the box and stop thinking you cant.
Isn’t that illegal without money? 😂😢
wise words
Where are you supposed to grow food if you live in an apartment.
I can't believe how many people 😳 think this economy is awesome, I bring home the same money as I did 15 years because of tax increases and everything is going way up,im broke and disgusted politicians and corporations giggling at us
Hmm sounds like slavery to me
Reagan, Bush and Trump gave big tax breaks to wealthy people. We just need to give large cash payments to wealthy people to help us even more.
Nobody thinks it's awesome. It's only media organizations paid by billionaires that pretend it is. All of my friends from 27 to 35 are broke af
Isnt the high rates to slow the economy because it is doing well? Like he said in the video
@@bobs182 turn off CNN I am very wealthy and Trump never gave us anything. You are being brainwashed.
We don’t want government mandating what we can or can’t buy.
Cash and carry was what my WWII Vet Dad always told me. He also told me that when they get everyone in the family like your wife to work the prices will only go up along with divorce and it happened. You are paying too much if you can't buy it on one income. Keep the wife at home with the kids and the family is better off. Stop overpaying for homes and cars and let it crash, you don't need it.
sorry, how old are you?
Old as dirt, lol @@MissyMuthaTruckiN
@@Go4CorvetteI imagine you are indeed ancient. You lived in the golden era when only one income was needed.
I worked from 1978-2023 and my wife stayed home with our four kids, but if you let companies overcharge you and pay it, you will always be a slave to them. They can not eat cars and homes they must sell them. Buying new was best for me because I could deal with the builder at the end of the project and get a big discount, same with my cars and trucks. I would only buy at the slowest time of the year, saving me thousands and I didn't drive cheap cars I owned 3 Corvettes. You need to aim high when it comes to making money and living on one income. No drugs no messing around just hard work. @@FreeloadingBird2584
if only we could stop over paying, what do you want us to do ? Live on the streets ? Rent is willy nelson high and mortgage are snoop dog high.
This country has been circling the drain for decades, its just now picking up speed because its the bottom of the bowl.
Shit son I’ve been broke my whole damn life and I’m 63 years old. I was broke when I was 18.
Did you ever consider paying tithes to God each month? I have since I was raised doing it by my grandma. And I have never been broke or hungry and I have no debt, college and car paid off, and I have so much cash coming my way I can barely keep track. In fact I’m able to give money away to strangers at a local bus stop and have for about 4 years. Lots of hungry people there so I give away money in envelopes. It’s true, you help others and you’ll never be without.
Really the religion card?
I didn’t have it to give to him lol
@@jamesmcgraw9684 that’s people’s favorite things to say honestly. That’s why people stay broke. He tells us to give him our “first fruits,” the fruit of your labor. Then he stretches the rest of the money beyond your dreams when you are obedient. When people decide to pay him last if anything is left over, then he gets nothing because people can’t manage the money. God is supernatural. But if you weren’t taught that and didn’t try it, the cycle of poverty continues. People parish for lack of knowledge, they never pick up a Bible and they don’t know how he will help you. It’s sad.
@@jamesmcgraw9684 I’m sure you use the broke cars. God isn’t a religion. Religion is defined as man made doctrine. Men mess things up. And it’s garbage when men make rules. God is a faith, it’s a one on one intimate relationship with him that you talk to him everyday. Try it. There is a heaven and a hell. But… if you are happy staying broke and poor then keep thinking like you do: you are probably so accustomed to that life that you wouldn’t know what to do with prosperity and money in the bank.
I work hard I have a degree yet im broke? Im sick of being poor because I feel like there's no way to get ahead.
My husband & I no longer eat out at fast food places. We used to twice a week , but 2 meals combos at Taco Bell cost us 30 dollars! That’s insane. If we are going to eat out- we decided to go to a sit down restaurant & get great service and willing to pay 40-50 bucks. But every other month for that. Terrible!!!
Sounds made up.
Nobody can eat $30 worth of Taco Bell food.
Agree TB has gotten too expensive
You will be healthier too. Start making everything at home.