Fools Making Good Money But Broke

Discussion in 'Current Events' started by Wally, Feb 12, 2020.

  1. Wally

    Wally BrownCafe Innovator & King of Puns

  2. OrioN

    OrioN double tap o da horn dooshbag

    live within your means... i'm a lowly FXG drivah, but i haven't relied on working paycheck to paychek in years! side hustles ftw

    ps: i do have to bring in my shoebox full of paychecks in this week since some will be voided out after 90 days, LoL (cheapo subcontractor doesn't want to enroll in direct deposit because they need the time buffer to make sure funds cleared from FXG to their bank)
     
  3. bbsam

    bbsam Moderator Staff Member

    I think about this when I hear that “consumers are optimistic about the economy”.

    Maybe consumers are stupid.
     
  4. Wally

    Wally BrownCafe Innovator & King of Puns

    You are right. Idiots buy coffee on credit.
     
  5. olroadbeech

    olroadbeech Happy Verified UPSer

    goes to show how powerful Madison Avenue is.
     
  6. Wally

    Wally BrownCafe Innovator & King of Puns

    You see Gofundme accounts all the time set up to bury someone who dies with no insurance, no savings. They made good money but blew every cent.
     
  7. Operational needs

    Operational needs Virescit Vulnere Virtus

    Starbucks every day is expensive.
     
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  8. DriveInDriveOut

    DriveInDriveOut Proud Deplorable

    Ah yes, this is where you explain the economy is actually terrible, Trump is terrible, America is terrible, the sky is falling....
     
  9. olroadbeech

    olroadbeech Happy Verified UPSer

    This will probably never change. Money management is not taught in schools. you get it from your parents for the most part, peer pressure , advertising.

    I just want to blow it all before I die so the kids won't get it. It's gonna be hard though with this stock market.
     
  10. bbsam

    bbsam Moderator Staff Member

    Your TDS is flaring.
    Consumer confidence as a stupid metric has been around for decades and really doesn’t tell a thing about the economy. Consumer confidence was always high...until it wasn’t. What was it in June of 2006?
     
  11. DriveInDriveOut

    DriveInDriveOut Proud Deplorable

    Your TDS is flaring.
    Consumer confidence is a metric to help predict future earnings. People who feel confident in the economy spend more. You're misattributing the purpose of the number.
     
  12. zubenelgenubi

    zubenelgenubi Well-Known Member

    But worth it.
     
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  13. bbsam

    bbsam Moderator Staff Member

    You may be right. But I didn’t bring Trump up. You did. Again. TDS.
     
  14. Baba gounj

    Baba gounj You cannot multiply wealth by dividing it!

  15. bbsam

    bbsam Moderator Staff Member

  16. Baba gounj

    Baba gounj You cannot multiply wealth by dividing it!

    Exactly.
     
  17. Wally

    Wally BrownCafe Innovator & King of Puns

    We have friends that spend everything and them some. They must be making over 180k. I don't think they save anything. They get take out just about every night. Every time something goes wrong they hit up the mother for money. She keeps bailing them out like a fool.
     
  18. zubenelgenubi

    zubenelgenubi Well-Known Member

    Did I hear you say that there must be a catch?
     
  19. Wally

    Wally BrownCafe Innovator & King of Puns

    Badfinger?
     
  20. rod

    rod #1 on Upstates "list"

    There is nothing wrong with buying coffee on credit- as long as the card is paid off every month.