Economy Why are Americans so terrible with money?

whenever i hear those statistics about most Americans not having 1000 dollars in savings and living paycheck to paycheck i just don't believe it. i can't figure out what's the point of these articles, it may be to crack the whip from time to time to scare the workers into working more.
 
Everyone I know with massive financial problems have one thing in common.

They let their wife make the majority if not all of the financial decisions.
 
A lot of people I know are 1 paycheck away from getting evicted but they spend GORILLIONS of dollars on useless shit and vacations.


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- People shond't lose their homes that ease. Even here you weont lose your house. I assume economy isnt taught at basic education? Here isnt!
 
Media, especially social media really drives people towards this. I'd imagine the Cold War concept of the American Dream didn't help either. Like if you don't have a big ass house and car to fit your ten kids then the communists win. This is all an extension of that.
- Was watching a guy yesterday, Andre Ryan, a major scammer here. But Brazil internet is full of guys and woman like this Andre, they all claim to get rich pretty ease.
 
Everyone is shit with money, it’s not just an American thing. Australians are shit with money too.
- My uncle died 3 years ago, i think i've posted on other threads, he had money guarded. Basically died without spending.
 
Credit cards. But dont forget the points that is the reason you want them. Multiple points on different cards. Pay your groceries with your card so you can pay the food you ate 2 weeks ago. Maybe forget about it and get a fine for not paying on time. It works!!
 
Poor financial education and stagnant wages while their taxes increase and the top percentage have their taxes lowered. Couple that with 40+ years of trickle-down economics (which has never worked) and there you are.
Can't wait to hear your stance on Trump if he tries to increase taxes on the 2.5 million/yr bracket, even if both Dems and GOP shoot it down.
 
Can't wait to hear your stance on Trump if he tried to increase taxes on the 2.5 million/yr bracket, even if both Dems and GOP shoot it down.

Because he knows it'll never go through.


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Don't forget that the Republican party has control of the House, Senate, and Presidency.

Trump is selling wolf tickets.
 
materialism is a big one. How you gonna have money with 200 bills a month? Buying a tesla with your tax refund?

I'm not good with money either but I'd say in my case, a lot of it is just not really caring and not having good models, my parents were awful with money. Also, I know for myself, I don't know about other people but I could see it, when I'm stressed, I feel like spending helps me lighten up. Our way of life, all the crowding, all the nastiness, all the pushiness and competitiveness is more stressful than people really think.
 
Because he knows it'll never go through.


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Don't forget that the Republican party has control of the House, Senate, and Presidency.

Trump is selling wolf tickets.
Even if he doesn't think it will go through, its still more then Biden or Kackla Harris has done.
 
We live in a consumer culture, which I guess congratulations to us because you have to reach a high level of prosperity before you can become a consumer culture. but it does come with the side effect of creating a society of envy and entitlement. People spend every dime they have on luxuries, and quite a few dimes they don't have, and are still angry at anybody who has more, which is why everyone who demands higher taxes only want the higher taxes to kick in for people making more than them and never themselves, and do so from an expensive laptop or smart phone on a $60k/year college campus.
most of that is impractical, always was but it does count. For example, I have music equipement and camera gear that's obsolete. It doesn't bother me but no one is going to pay for anything filmed on a camera 15 years old and musicians are notorious for thinking the latest gear is required. Appearance is most important and people fall for it, whatever they're itching to buy today will be out of style and bad tomorrow and so it goes on.

If it's practical, I understand, a laptop that's freezing (like mine) should be replaced but beyond stuff like that, I really don't care and I don't care what others think at all and if I find myself caring more than I think I should I fix my mind so it doesn't bother me. People are way too worried about how they are accepted into this sick culture.
 
Because he knows it'll never go through.


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Don't forget that the Republican party has control of the House, Senate, and Presidency.

Trump is selling wolf tickets.
as a casual political watcher, it looks to me like trump is doing what he does to wind everyone up, he's doing a great job of it. I honestly get tired of it. Has nothing to do with most of our lives and we as individuals can't do much about any of it. It almost feels like he's doing his thing as a joke at this point and only he gets it.
 
as a casual political watcher, it looks to me like trump is doing what he does to wind everyone up, he's doing a great job of it. I honestly get tired of it. Has nothing to do with most of our lives and we as individuals can't do much about any of it. It almost feels like he's doing his thing as a joke at this point and only he gets it.

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Trump doesn't need the vote of the US people anymore. He's a lame duck and he really doesn't care about anything except what HE wants.
 
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Trump doesn't need the vote of the US people anymore. He's a lame duck and he really doesn't care about anything except what HE wants.
Doesn't make a lot of sense I don't get pissy about it though. Also, I don't get the dramatics of it all really. I really started avoiding some people because it's all they talk about and they weren't always like that. Again, why obsess over anything that you can't really control. And.., the more things change, the more they stay the same, I had an old uncle who used to get irritated because I wouldn't take the bait when he'd rant over Reagan's america, I just told him I didn't care and that pissed him off to no end but he really lived to just argue, I don't.
 
Doesn't make a lot of sense I don't get pissy about it though. Also, I don't get the dramatics of it all really. I really started avoiding some people because it's all they talk about and they weren't always like that. Again, why obsess over anything that you can't really control. And.., the more things change, the more they stay the same, I had an old uncle who used to get irritated because I wouldn't take the bait when he'd rant over Reagan's america, I just told him I didn't care and that pissed him off to no end but he really lived to just argue, I don't.


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could be, although he's so old you'd think nihilism would be off the table, that's a young thing. Can it all effect us? Hell ya it can but I've had enough living behind me to be sorta fatalistic about it all. If nuke's start flying I'll probably try to survive but I'll accept however it works out.
 
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