- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Coaching Changes
- 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: 67% Of Working Americans Have No Savings & Live Paycheck To Paycheck
Posted on 3/14/22 at 4:53 pm to SportTiger1
Posted on 3/14/22 at 4:53 pm to SportTiger1
quote:
i just dont get...even when i was a younger family making ~70k for a household i still had money in the bank. people just dont know how to budget, or they dont care to. new cars every 3 years, new $1k iphone every year, eating out 3 times a week....all that is fine, IF you can afford it.
My first full time permanent job post education I was making $38K and I was still putting money away.
0
Posted on 3/14/22 at 4:53 pm to LuckyTiger
quote:
67% Of Working Americans Have No Savings & Live Paycheck To Paycheck
why save any money when its free and you do nothing to earn it. all the iwants get a free check every month so they have zero reason to save anything
the only people who save money work hard for it and understand its value so that is really saying that 67% of americans are now relying on government checks to live rather then going get jobs
This post was edited on 3/14/22 at 4:55 pm
Posted on 3/14/22 at 4:55 pm to Tantal
quote:
If you have it in any kind of account, they can get to it. To take it out you'd have to pay the tax (at least 24%) plus a 10% penalty if you're under 59 and a half. The FedGov has made sure that you keep your money where they can get to it.
Oh I know. I just hope the whole rickety house of cards holds together long enough.
Posted on 3/14/22 at 4:55 pm to LuckyTiger
Tosh.0 had a skit about this years ago in the "Is It Racist?" segment.
Anyone remember that?
Anyone remember that?
Posted on 3/14/22 at 4:59 pm to LuckyTiger
Now do the avg. credit card debt, mortgage debt, ...
The folks that are going to get screwed the worst when they purposefully crash the system are the ones with no debt, paid into social security for decades but will never see a dime of it, ...
The folks that are going to get screwed the worst when they purposefully crash the system are the ones with no debt, paid into social security for decades but will never see a dime of it, ...
Posted on 3/14/22 at 4:59 pm to LuckyTiger
Anyone who makes under $60K in a year as a family has absolutely no means to save anything.
Insurance companies and government suck the life blood out of them.
And travel ball takes the rest.
Insurance companies and government suck the life blood out of them.
And travel ball takes the rest.
Posted on 3/14/22 at 5:00 pm to LuckyTiger
100% of the 67% choose to have no savings and live paycheck to paycheck
Posted on 3/14/22 at 5:01 pm to LuckyTiger
People fail to realize that the average American can’t come up with $1000 of asked on spot.
A vast majority of us are dumber than the dumbest person you know. George Carlin said it better.
A vast majority of us are dumber than the dumbest person you know. George Carlin said it better.
Posted on 3/14/22 at 5:04 pm to SportTiger1
quote:
eating out 3 times a week
We only eat at home and we spend more on food than anything. We probably spend $1200 a month on groceries
Posted on 3/14/22 at 5:18 pm to LuckyTiger
Well, the rate it’s going for the ones of us who have savings it’s isn’t going to be worth anything pretty soon.
Posted on 3/14/22 at 5:26 pm to Tantal
quote:
I'm afraid that when I retire, the government is going to "equitably distribute" my pension to the people who spent their prime earning years blowing money on vacations, new cars, bass boats, and RVs instead of saving and investing
Brandon's already a step ahead of you with his crypto EO. Better familiarize yourself with CBDC if you haven't already.
Posted on 3/14/22 at 5:36 pm to SportTiger1
quote:
people just dont know how to budget, or they dont care to. new cars every 3 years, new $1k iphone every year, eating out 3 times a week....all that is fine, IF you can afford it
In addition to the job that the project mockingbird media has done on their cognitive processes, the project mockingbird advertising folks have done and equal, if not better, job. All these shiny things, all the commercials saying- “you deserve it.”, it’s all designed to keep the people poor.
This post was edited on 3/14/22 at 5:36 pm
Posted on 3/14/22 at 5:41 pm to LuckyTiger
Most people don't manage finances wisely.
Posted on 3/14/22 at 5:42 pm to SportTiger1
quote:
people just dont know how to budget, or they dont care to.
For many I have met it's that they don't have the self esteem to go without the cool expensive items and lifestyle that make them feel like they are a better person. Many people can't stand living a responsible, low key life in the age of social media. FOMO sales people must be killing it.
Posted on 3/14/22 at 5:43 pm to LuckyTiger
Best news democrats could have heard. They love exploiting broke asses.
Posted on 3/14/22 at 5:46 pm to LuckyTiger
quote:
That doesn’t sound good.
It is terrible, dumb, but I sometimes think if all those dummies weren’t throwing their dollars out of the window I’d have less money to hoover with the other 33%
Posted on 3/14/22 at 6:07 pm to bong water tiger
At my job, 60-70% live pay check to pay check. Me personally, I pay myself first out of my checks. 2k goes directly to the savings at the beginning of every month and then at the end I put another 500-1000 dollars in savings. I get nervous if I ever have under 50k in my savings
Posted on 3/14/22 at 6:12 pm to LuckyTiger
It gonna crash.
It gonna crash real hard.
When the masses go hungry the real chaos will ensue.
It gonna crash real hard.
When the masses go hungry the real chaos will ensue.
Posted on 3/14/22 at 6:30 pm to LuckyTiger
That’s an odd shift from May of 2020 when people started saving again. I think it was an average of 9% of their income or something like that? It was pretty substantial.
Posted on 3/14/22 at 6:34 pm to LuckyTiger
quote:Closed mine out at 59 1/2.
I know they want my 401(k) so bad they can taste it. They’ve openly said such.
Sooner or later they’ll pass some legislation in the middle of the night and people will wake up to it
Page 2 of 3
Popular
Back to top
Follow TigerDroppings for LSU Football News