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We get 1.00 contract and 82 cent cola raise August 1. What does everyone think of the big raise increase?
I think you better save that raise for next yearWe get 1.00 contract and 82 cent cola raise August 1. What does everyone think of the big raise increase?
More money to put into your 401k....Losing buying power is not considered a big raise to me.
I max out, but don't do the catch up contributions. May this year because the market is down a bit.More money to put into your 401k....
Thought you weren’t worried about it?I think you better save that raise for next year
We get 1.00 contract and 82 cent cola raise August 1. What does everyone think of the big raise increase?
We use the CPI formula which I believe takes out the cost of housing and the cost of fuel lol could be some other things I don’t really know about but I think it’s mostly false numbers made to make the economy look better than it isHow did they come up with the 82¢ in COLA? Inflation is brutal, should be close to $2.
I was warning him to save some money for next yearThought you weren’t worried about it?
How did they come up with the 82¢ in COLA? Inflation is brutal, should be close to $2.
Yep got to keep reminding these people because we’re going to get to August 1, 2023 and they’re going to be screaming for a better contract and then realize we’re going on strike and they don’t have even one penny saved. They will be the ones that sink our battleship. Educating younger members who have never been through a strike is very important. Strikes hurt both sides. But the company can wait longer if they really want to.I was warning him to save some money for next year
TTKU
Trust me brother I try to spread the word out to everyone. Not just on Brown Cafe.Yep got to keep reminding these people because we’re going to get to August 1, 2023 and they’re going to be screaming for a better contract and then realize we’re going on strike and they don’t have even one penny saved. They will be the ones that sink our battleship. Educating younger members who have never been through a strike is very important. Strikes hurt both sides. But the company can wait longer if they really want to.
This generation by and large has absolutely no idea how to save money. You would be shocked how many people have a paycheck error and say they cannot pay their bills unless they get the money that week. Some of these guys are making six figures. SMHTrust me brother I try to spread the word out to everyone. Not just on Brown Cafe.
Hopefully we will not need that money for a strike so what's the worst going to happen?
Maybe have a little extra money in your savings account?
And I cannot afford to put any money into their 401k.This generation by and large has absolutely no idea how to save money. You would be shocked how many people have a paycheck error and say they cannot pay their bills unless they get the money that week. Some of these guys are making six figures. SMH
Can only lead them to water, some will make it 30 years and realize they do not have enough to have a comfortable retirement because they simply did not plan nor save. We make above average wages and salary there is no reason to be broke your whole career.And I cannot afford to put any money into their 401k.
How much do you want to bet that next year or the first two weeks of August or the first vacation weeks that are gone?This generation by and large has absolutely no idea how to save money. You would be shocked how many people have a paycheck error and say they cannot pay their bills unless they get the money that week. Some of these guys are making six figures. SMH
No matter how much you make you just got to spend a little less than you earn.Can only lead them to water, some will make it 30 years and realize they do not have enough to have a comfortable retirement because they simply did not plan nor save. We make above average wages and salary there is no reason to be broke your whole career.
Yep if the thrift plan was still here you and I would probably be retired. But even without it you have to save even if it’s just a little bit always pay yourself first.No matter how much you make you just got to spend a little less than you earn.
I know that's very basic.
When I first started working here I had one of the old timers walk up to Mrs dude you have to put the $6 a week into the thrift plan.
He also said start a credit union account.
So that's what I did. Every week I had $6 taken out of my paycheck for the thrift plan and $5 went into the credit union.
You have to start somewhere