Discussion in 'Current Events' started by Wally, Feb 12, 2020.
Nearly 1 in 3 American workers run out of money before payday—even those earning over $100,000
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)
I think about this when I hear that “consumers are optimistic about the economy”.
Maybe consumers are stupid.
You are right. Idiots buy coffee on credit.
goes to show how powerful Madison Avenue is.
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.
Starbucks every day is expensive.
Ah yes, this is where you explain the economy is actually terrible, Trump is terrible, America is terrible, the sky is falling....
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.
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?
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.
But worth it.
You may be right. But I didn’t bring Trump up. You did. Again. TDS.
U.S. Household Debt Exceeds $14 Trillion for the First Time
No reason to stop spending now!
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.
Did I hear you say that there must be a catch?
There is nothing wrong with buying coffee on credit- as long as the card is paid off every month.
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