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Started By
Message
re: The Percentage of Americans With Less Than $1,000 in Savings Is Shocking
Posted on 12/20/19 at 8:05 am to Mr Perfect
Posted on 12/20/19 at 8:05 am to Mr Perfect
quote:
or do you just prefer giving out social welfare to poors and not seeing a dime? please think dude
I don't see other entitlement programs going away. I could be wrong.
2
Posted on 12/20/19 at 8:06 am to Mr Perfect
quote:
and at least tax payers get $1k back per month.
or do you just prefer giving out social welfare to poors and not seeing a dime? please think dude
I’d rather not be beholden to the government for my livelihood at all, thank you. That’s how one becomes a slave to the state.
Posted on 12/20/19 at 8:07 am to Bham Bammer
all entitlement programs eliminated. this is why I say to watch YouTube about the freedom dividend. it's all explained.
but you just rather whine without getting the facts. I know how ppl like you operate
but you just rather whine without getting the facts. I know how ppl like you operate
This post was edited on 12/20/19 at 8:08 am
Posted on 12/20/19 at 8:08 am to Mr Perfect
quote:
YouTube. do you know how to access it?
Why can’t you just tell me that it’s going to come from taxpayers in one post?
Posted on 12/20/19 at 8:08 am to Mr Perfect
quote:
all entitlement programs eliminated. this is why I say to watch YouTube about the freedom dividend. it's all explained.
but you just rather whine without getting the facts. I know how ppl like you operate
What do you think this UBI would become?? Much like SS, Medicare/Aid, et al. People are not entitled to my fricking money to prop to their own lives. They did not put in the work that I did to earn what little money I do make and I refuse to go groveling to the government like a fricking dog saying “please sir, may I have some more?” Each month, I have a little more pride in myself than that.
This post was edited on 12/20/19 at 8:12 am
Posted on 12/20/19 at 8:10 am to TigerFanInSouthland
quote:
rather not be beholden to the government for my livelihood at all, thank you.
lol we can't even light a J legally and you think you're free from the govt? c'mon dude. zero rational thinking from you
This post was edited on 12/20/19 at 8:10 am
Posted on 12/20/19 at 8:10 am to alajones
Credit is a liability, not an asset. Quite the opposite of liquid savings or investment accounts.
Posted on 12/20/19 at 8:10 am to Will Cover
Most Americans are such losers. Sad.
If you get let go today and star looking for a job tomorrow, you have a problem
If you get let go today and star looking for a job tomorrow, you have a problem
Posted on 12/20/19 at 8:11 am to Tchefuncte Tiger
quote:
Credit is a liability, not an asset. Quite the opposite of liquid savings or investment accounts.
Lol. Credit is a tool. It is certainly not a liability.
Posted on 12/20/19 at 8:12 am to Bham Bammer
With automation and globalization, soem form of UBI will be a necessity in our lifetime. There’s no doubt about that.
This post was edited on 12/20/19 at 8:12 am
Posted on 12/20/19 at 8:14 am to Mr Perfect
quote:
lol we can't even light a J legally and you think you're free from the govt? c'mon dude. zero rational thinking from you
I’m not sure how one has to do with the other. We’re not speaking about anything that has anything to do with marijuana so I’m not sure why you even brought it up in here.
Posted on 12/20/19 at 8:16 am to GreatLakesTiger24
yup. this is why I'm a Cuban disciple and wish he would run for president
Posted on 12/20/19 at 8:17 am to Mr Perfect
I mean I think it’s 25-50 years down the road, but it’s good it’s being talked about
Posted on 12/20/19 at 8:18 am to Mr Perfect
quote:
all entitlement programs eliminated. this is why I say to watch YouTube about the freedom dividend. it's all explained.
You think that all the politicians and bureaucrats that depend on those agencies for jobs and patronage and political support will sit by and watch them be eliminated? That’s cute.
This post was edited on 12/20/19 at 8:20 am
Posted on 12/20/19 at 8:22 am to GreatLakesTiger24
naa. things change very quickly dude. it's happening within next ten yrs. especially when boomers RIP
remember when no one could publicly admit to being an atheist... like ten yrs ago? now it's standard
remember when no one could publicly admit to being an atheist... like ten yrs ago? now it's standard
Posted on 12/20/19 at 8:23 am to PhiTiger1764
quote:
Lol. Credit is a tool. It is certainly not a liability.
You must not be an accountant. Credit is a liability on the balance sheet.
quote:
Liabilities
Liabilities are the money that a company owes to outside parties, from bills it has to pay to suppliers to interest on bonds it has issued to creditors to rent, utilities and salaries. Current liabilities are those that are due within one year and are listed in order of their due date. Long-term liabilities are due at any point after one year.
Current liabilities accounts might include:
current portion of long-term debt
bank indebtedness
interest payable
rent, tax, utilities
wages payable
customer prepayments
dividends payable and others
earned and unearned premiums
Long-term liabilities can include:
Long-term debt: interest and principal on bonds issued
Pension fund liability: the money a company is required to pay into its employees' retirement accounts
Deferred tax liability: taxes that have been accrued but will not be paid for another year (Besides timing, this figure reconciles differences between requirements for financial reporting and the way tax is assessed, such as depreciation calculations.)
Some liabilities are considered off the balance sheet, meaning that they will not appear on the balance sheet.
This post was edited on 12/20/19 at 8:49 am
Posted on 12/20/19 at 8:24 am to Will Cover
About 1/3 of the population is 24 years old or younger, and I expect a very small percentage of them to have significant savings. That’s a big chunk of the total, and if a writer is trying to sell the leftist slant they’ll omit details like that.
Posted on 12/20/19 at 8:25 am to Will Cover
Well when you see all the commercials about buying a new phone and car every year you won't have shite left in the bank
Posted on 12/20/19 at 8:27 am to Tchefuncte Tiger
quote:Hence the word “new”
Credit is a liability, not an asset. Quite the opposite of liquid savings or investment accounts.
Taking out loans against your 401k is kind of different than a standard home equity line. It’s like borrowing money from myself.
This post was edited on 12/20/19 at 8:30 am
Posted on 12/20/19 at 8:31 am to TheHarahanian
quote:The study breaks down savings by age and the numbers don’t change that much from 18 - old age
About 1/3 of the population is 24 years old or younger, and I expect a very small percentage of them to have significant savings. That’s a big chunk of the total, and if a writer is trying to sell the leftist slant they’ll omit details like that.
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