- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: 80% of American live paycheck to paycheck
Posted on 10/28/17 at 12:48 pm to Popths
Posted on 10/28/17 at 12:48 pm to Popths
quote:
bet they have I phones and pay 100 bucks a month to use it. Also, I bet they have cable TV with every channel imaginable on it. Their priorities are fricked up.
while I agree this is financially stupid, the $200-300/mo for this isn't the cause of 80% people living paycheck to paycheck.
This post was edited on 10/28/17 at 12:48 pm
1
Posted on 10/28/17 at 12:54 pm to Twenty 49
quote:
She would have really been pissed if she had known that one of the owners would have a few uncashed paychecks rattling around in his desk at any given time.
Well, that's just dumb.
Posted on 10/28/17 at 1:38 pm to Volvagia
quote:
These are going to be the ones front in line screeching that it is unfair that people have been able to amass big 401k balances instead of enjoying the short term pleasures of spending every cent as soon as you get it.
Is this a concern? Is there a push to screw up 401k accounts?
Posted on 10/28/17 at 1:40 pm to southernelite
quote:
Well, that's just dumb.
I mean yea he could lose the check or have it stolen or something. But if it wasn’t for direct deposit or mobile check deposit it would take me weeks to deposit checks. At least that’s how it used to be before I had those things
Posted on 10/28/17 at 1:46 pm to Upperdecker
I’m very concerned that there will be a push toward making 401k plans controlled by the government in an attempt to “make things fair”
Posted on 10/28/17 at 1:57 pm to anc
quote:
I’m very concerned that there will be a push toward making 401k plans controlled by the government in an attempt to “make things fair”
That’s fricked up
Posted on 10/28/17 at 2:22 pm to Upperdecker
Well, we sure could use a more egalitarian society.
Posted on 10/28/17 at 2:36 pm to Paul Allen
quote:
Well, we sure could use a more egalitarian society.
Send me some of your social security checks then
Posted on 10/28/17 at 2:37 pm to Upperdecker
quote:
s this a concern? Is there a push to screw up 401k accounts?
Right now, no, but there are editorials abound laying the PR groundwork of the 401k being a failed experiment explicitly because people can choose to screw themselves that that money is better served going to the government to ensure everyone gets a fulfilling retirement.
Anyone irrational enough to be angry that someone manages their finances well, doesn’t spend more just because it’s payday and there is money in bank, and as a result the precise payday is background info to them is likely to be a constituent of interest for that political push.
This post was edited on 10/28/17 at 4:21 pm
Posted on 10/28/17 at 4:00 pm to Upperdecker
No thanks
Posted on 10/28/17 at 8:37 pm to Popths
quote:
Check to check? I bet they have I phones and pay 100 bucks a month to use it. Also, I bet they have cable TV with every channel imaginable on it. Their priorities are fricked up.
How dare people want have any kind luxuries. I bet those motherfrickers have food too.
Posted on 10/28/17 at 10:20 pm to GenesChin
quote:
while I agree this is financially stupid, the $200-300/mo for this isn't the cause of 80% people living paycheck to paycheck
2-300 a month is more than the average americans saves, so yeah, it kinda is..
Posted on 10/29/17 at 4:44 am to Volvagia
quote:
Right now, no, but there are editorials abound laying the PR groundwork of the 401k being a failed experiment explicitly because people can choose to screw themselves that that money is better served going to the government to ensure everyone gets a fulfilling retirement.
They'll also turn it into a racial claim.
The far left whackjobs will use their insane "disparate impact" claim to say that it's discriminatory because blacks saved far less.
Posted on 10/29/17 at 2:54 pm to Upperdecker
quote:
Is there a push to screw up 401k accounts?
people fear that seizing of 401k accounts is a possibility
Posted on 10/29/17 at 2:56 pm to CaptainBrannigan
quote:
How dare people want have any kind luxuries
if you're living paycheck to paycheck, luxuries shouldn't be in the budget
luxury, "the state of great comfort and extravagant living."
Posted on 10/29/17 at 3:15 pm to CaptainBrannigan
quote:L
How dare people want have any kind luxuries. I bet those motherfrickers have food too.
O
L
Posted on 10/29/17 at 9:11 pm to Volvagia
Who are these people with big 401k balances?
Ain't happening.
Ain't happening.
Posted on 10/30/17 at 1:19 am to matthew25
quote:
Who are these people with big 401k balances?
Probably more than three quarters of posters in this thread. Hell, after only 4 years of contributions I have 18 months of expenses in mine and 30 years for it to grow. I can literally stop contributing right now and be better off than most Americans.
Thats the problem. It makes it easy to play class warfare to pass legislation taxing either all balances, or all balances over a certain withdrawal level per year.
Posted on 10/30/17 at 2:09 am to Volvagia
Most people can blame it on wasteful spending on stuff they dont really need..
Try and contribute more towards an IRA and a 401k
Flood insurance and paying extra on your house mortgage
Otherwise you will work forever and be old and poor
Try and contribute more towards an IRA and a 401k
Flood insurance and paying extra on your house mortgage
Otherwise you will work forever and be old and poor
Posted on 10/30/17 at 2:18 am to tigers1956
I've turned into the Andy Dufrene of my place of business.
Ive actually had someone approach me with the phrase "So I hear you are the person to talk to about investments."
One thing I push is the notion that with patience and discipline to put even 20 dollars a week really adds up.
Ive actually had someone approach me with the phrase "So I hear you are the person to talk to about investments."
One thing I push is the notion that with patience and discipline to put even 20 dollars a week really adds up.
Page 2 of 3
Back to top
Follow TigerDroppings for LSU Football News