Financially Screwed || Millennials Are DOOMED (Pt. 4)
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The Matt Kohrs Show
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⇒ Goonie Trading Group (FREE Month w/ Code GOONIE): https://bit.ly/LocalsMG
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#NewYork #Money #Rent #Inflation #Debt #Shorts
Please be sure to LIKE, SUBSCRIBE, and turn on them NOTIFICATIONS.
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Thanks for Watching!
RISK WARNING: Trading involves HIGH RISK and YOU CAN LOSE a lot of money. Do not risk any money you cannot afford to lose. Trading is not suitable for all investors. We are not registered investment advisors. We do not provide trading or investment advice. We provide research and education through the issuance of statistical information containing no expression of opinion as to the investment merits of a particular security. Information contained herein should not be considered a solicitation to buy or sell any security or engage in a particular investment strategy. Past performance is not necessarily indicative of future results.
Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
If you are not struggling financially right now, then you need to consider yourself completely blessed. Like don't even consider yourself. You are completely blessed like every time. I Check my local mom group on Facebook I See requests or people asking where they can get some financial assistance to pay utilities or assistance with rent? It's concerning because these people are working full-time jobs and they just can't make things work right now.
For example, this morning a woman posted she's an RN working two jobs and still is struggling. That's crazy I Know we're all complaining about how expensive things are for me personally, like my car insurance doubled in August my health insurance went up by like 20 30% Something like that was cra0 for two vehicles. There was no reason for the increase other than they just increased me. all.
I Ever hear about from people is how astronomical their utility bills are? Man I'm curious like are you guys seeing that yourself.
Not knocking what your saying but as l see it most people will never make enough to not struggle. My wife and l are living very fine on an income less than $40k. How? Its all in your finances. We have no cable tv. In fact our tv is 10 years old. IF we watch it we watch antenna tv. Or vehicles are 15 years old, so no payments. Insurance did go up but we get by only on liability. We have a mortgage but no other loans. We have no credit cards, so no money wasted on their interest. We have no gaming systems, we have hobbies. We go out to eat maybe once or twice a week. The rest of the week we eat at home. (But not heat and eat.) We dont go on cruises. I cut my own 3 acre yard. We have a well and septic so no water bill. We do pay an electric bill. But have the windows open as often as possible and turn off the HVAC. Hanging your clothes out on a line to dry will help greatly on the electric bill. Our kids are grown so we have that advantage. If we buy something or go somewhere we pay cash. We furnished our home with antiques. It's cheaper and the old stuff last's longer. I buy and wear work grade clothing. It lasts way longer than designer. Used can be as good as new! Our phones are about 5 and 6 years old, not the latest and greatest. Take better care of what you have. My suggestion is to look at where your pay goes each week and see if you could cut back on expenses here or there. Instant and convenience food and such are astronomical in price, and not that heathy. Maybe a smaller house in a less prestigious neighborhood would be better. Just because you qualify for bigger or better doesn't mean you should. I will leave you with this: the poor are poor because they live like they are rich, the rich are rich because they live like they are poor. Get control of your money.
If you are a RN working two jobs and still struggling I’m sorry but you are living beyond your means then 😂 no way
When insurance raises rates you change company's.
After Biden idk if I wanna vote blue no matter who
Don't worry friend
It's going to get way worse
Not in Tennessee. Rent is increasing dramatically near the city though
Im on ssi disability i get 1900$ a month and support 2 other ppl on top pf that i have a 3 bedroom home with attached garage amd acre of land internet direct tv etc i make just barely nuff to make it but i cant eat out at all or go shoppingbuy clothes nothing like that
Yup
"You're lying! Everything's fine."
-democrat politicians
Yes. I feel every bit of it. Throw in child support and I literally would be living in my truck if I wasnt remarried. I doubt id survive and I work 6 days a week at a very physical job. The more you do the more you make…… I do about 10000-12000 cases a week while the guys in 2ND does 7000-8000. Im down 40 lbs In just 5 months. Im 6’2” and 150 lbs. skin and bones.
Blessed? Nah. I deserve it.
Yet our President and this administration repeatedly tell us how good we all have it. How the GPD is booming and jobs are through the roof, but all I see is my empty pantry, my empty gas tank and my empty bank account.
I can only speak as a Pennsylvanian but many utility/service providers offer assistance in forms of grants or payment plans. Most students, military personnel, and first responders are offered discounts. Many companies offer resource for living benefits. ALWAYS ask for a discount or a promotion. Shop auto insurance every 5-6mons. There is tons of help or programs. Unfortunately you'll have to hunt it down. Its never made easy but available. Hoping the best for all struggling.
Yup in the last yr pretty much all bills have doubled food prices insurance everything. My hubby and I both work full time and barely make it
Shop your car insurance every 3 years….
I get say All-State 3 years, then I get statefarm 3 years then geico, I just get the GOOD new customer price, in 3 years all credits have disappeared so I disappear to.
Do you think that it’s maybe due to bad financial decisions and living above your means? Let’s be honest here. That RN MAKES GOOD MONEY. Where did it go? Probably bought a car they can’t afford and a house that’s too expensive. DONT BE FOOLED PEOPLE!
Hug your liberal politician who is throwing YOUR earned wage taxes to welfare cheats
I didn't even vote in 2016 as a 27 yr old (which I now regret) but any honest person notices, or is slowly noticing, that there was a struggle shift right around 2020..
Im blessed because I budget. I plan and stick to my plan. Get a budget and work it and it will change the direction of your life and family.
You can't forget a lot of people just have TERRIBLE spending habits. That IS unfortunately a lot of it. But not all of it. Probably not even most. I guess I'm lucky. Had a family business to get into as a teenager, worked weekends in high school, and took that trade-skill and do my own business on the side too. I sacrificed to pay my house off, been driving same piece of shit truck for 10 years. Been investing for years. Don't really go out. Stay home and cook meals. I don't buy "toys" and shit. My utilities are cheap as fuck. 2-3 hundred a month for electric, water, phone, internet. Like $70 for my truck insurance. Though health insurance is $350 a month (gov't covers $400 of the rest)
Come to Canada. What she's paying, sadly, is nothing compared to here
Do the one thing congress can't seem to do. Make cuts in your budget. Turn the lights off, stop buying Starbucks, wear a sweater around the house, stop going out for dinner, etc.
Ex: I stopped buying Jameson; that's $60/mo. Those kinda things add up.
Yup. As a millennial I’ve felt like this most of my life. 2 jobs 365 days a year and just surviving.
If you voted Democrat stop bitching you did this to yourself
Also it's eye opening that you spend all your time on Facebook, talking to your mom groups and not working. We're at a lack of accountability in our world, not a lack of work opportunities and money
I'm so blessed to work 18 hour days 7 days a week and take care of the kids. All so my family doesn't struggle… Maybe get up and work when the kids go to bed? I'm on my 19th cup of coffee today because I have to be for my family. Try harder.
My homeowners insurance went up 40%
It because these women spend their money on shite such as clothes etc 😅
Stop buying and wasting money on wants