I would love to see an episode on “New Money” vs “Old Money” because it’s a different mindset you have when you grow up poor & become first generation wealthy
When the Venezuelan says her family is involved in "Government" that basically means brazen corruption, which is a large part of why the guards are necessary. No wonder she's racked with guilt. Her fortune was stolen from people even poorer than the lady across from her. Definitely a gem of a person to have on, wish this was much longer.
There's many people searching for something to eat on the garbage in Venezuela, many kids that have died by starvation because of that currption. Yeah she should feel guilty about his family's stolen money.
@@CamilaSaurus not saying she would stop corruption? she just has some nerve to show up and talk abt how shes rich knowing HOW she is rich like no shame
@@bluebirdxher family was the first domino piece that threw the hole thing down. No matter what it still shows shes out of touch to show up and say she has guilt because she's guilty. Her family ruined a country that still hasn't recovered and shes out here in the US to "pretend she feels bad" ???? if she actually felt bad she could do SOMETHING with HALF the wealth she has to help her country back on their feet. Enough of the pity and put the money were the mouth is.
The Venezuelan girl looking shocked to the core when the other lady said she had $80 in her bank account made me laugh out loud. I have $1 in my account rn and I always forget that not everyone lives paycheck to paycheck and struggles so hard because it’s so normal for me.
It’s interesting because I use to live paycheck to paycheck because I didn’t earn enough not to and then found a job that actually pays me enough not to. But when I got my first paycheck I had no clue how not to live paycheck to paycheck so I would rack up credit card debt just so I would have bills at the end of the month because it felt weird just having extra money sitting there and having more than a few dollars left at the end of the month. I guess im saying that to say it’s wild how long lived experiences can shape the way you behave even after your circumstances change for the better.
@@blablaklabautermann7578 Lol thank you 😭 I’ll save you the gory details but eating instant noodles for two weeks straight really messes up your insides
They really do! To make it one-sided and have the lower class person be the recipient of most of the questions, it's almost like it's an exoticism of the poor. Even the question about their expectations at the end was only answered by the person on the right. Why did that question not apply to both?
Yeah, generational wealth started from somewhere. She could've said what kind of industry it started from. Like is it oil, real estate, dealership, shipping, farming, airline, entertainment, retail, medical, tech, drugs, etc. That type of wealth to have that many guards around, it had to be something serious.
@@PanameraTurboSEHybrid yes, she could have, but she also knows the wealth was most certainly built off of exploiting people like the one sitting across the table from her. That is where the money comes from, industry is irrelevant :)
@@Petra-P she's Venezuelan. the wealth her family got was through government corruption. no one in venezuela actually has assets and the rich who live overseas, all got it from the government. source: I'm venezuelan and know someone just like her
@@PanameraTurboSEHybridsince she mentioned the government and being from Venezuela, corrupt politicians draining money from the poor is probably where her wealth came from. It would make the most sense considering she needed bodyguards around her at all times 😒
Why is it ok to ask a lower wage person what they make, but you can't ask a higher wage person what they make. We already know who has more money! So you can speak about it.
It's called control. When the poor tells you how much they have, it's something you can use against them. The rich won't let their guards down and allow to people to know what they really have of course. They don't want to be played.
They asked what the person “was worth” because they might’ve just assumed that the trust fund babies don’t all have jobs, just like the one lady said she had just quit her job because she had the money
They asked the trust fund kids their net worth and most answered. Except for the Venezuelan girl who is definitely the kid of a former corrupt government official and knows better than to just disclose her net worth.
@meganod279 or because telling the whole world how wealthy you are is potentially life threatening? I think you can relax and take off your tin foil hat
I totally relate with the blonde woman who said working at the grocery store made her want to unalive herself. I worked at FedEx for almost 3 years while going to school and I was so freaking depressed. I would wake up and cry as I was getting ready for work and one day after work I stopped at the dollar tree, bought some ibuprofen and cried in my car while contemplating taking the whole thing. Yeah it probably wouldn’t have unalived me but I was just so done with life. I’m grateful I was able to get through that and leave that job.
It's pretty surreal to hear her say that and see you write this and know that this is a shared experience. I'm happy that you made moves to help yourself out of that. May God bless.
I hear you. Yeah working in a factory doing the same small movement every day. Then I got shifted to the tagging booth for 2-12 hours I would tag a carcass with its weight. I could not move. I could feel my brain just rebelling. I got out. And, I have always made sure that I got jobs with variety and more people interaction.
I’m always curious what it’s like to live without the worry of losing the roof over your head daily. And while I’m delivering DoorDash or Instacart and see mansions and million dollar vacation homes that are empty but 2 months out of the year, with front doors worth more than I have ever owned, I can’t wrap my head around it. Like how they even pay just the electric bill or yearly property taxes alone.
I think it makes a huge different whether one grew up with wealth or not. If you grew up with it, you'd have other problems & issues even though money would not be one of them. It's like us having smartphones, we grew up with it, whereas people in poorer countries dream of what iti's like to live like us and have smartphones eventhough we're not happier than them. But I think if you've worked for your wealth yourself you'd have a much bigger appreciation for it.
@@mtcs6701 true. And it’s not even the things and materials I envy. Because I’ve never been into having any thing more than what I need. Although a nice cozy quiet house on a lake would be nice. And being able to not worry about health and medical bills. But it’s the idea that they are carefree and without stress. But you’re right and I know they have their own set of different issues.
I live in Colorado and there are homes worth more than the average neighborhood where the owners might visit for one weekend a year. Where Bill Gates, George Lucas, Tom Cruise, Rupert Murdock's family, Saudi royals and other absurdly wealthy people have homes they might not even go to in an entire year. One of my good friend's husband is a carpenter who's worked on some of the homes there and his told me some crazy details about the homes. A friend (RIP) was a realtor and I couldn't believe some of the things he'd tell me when he'd be working on high end homes. It really blows my mind.
@@mtcs6701 While that may be true, certain worries and every day struggles are more of a burden than others. Maslow's Hierarchy of Needs is an excellent theory that demonstrates how lacking in survival needs prevents us from reaching self-actualization. So while I don't doubt wealthy people have substantial burdens of their own, it's just that they are able to do more simply because they don't struggle with every day survival.
@@mtcs6701 Not a good comparison. Firstly, people in poorer countries can buy smartphones for $20, literally. Even if they couldn't, it's something you can save up in a year or two no matter how poor you are. For 99% of people in RICH countries, including people who make a 6-figure income, it's impossible to ever own a $20-30 million mansion even if they worked 50+ years for it. Big difference. Also, poor people have as many problems as the rich plus they have money problems on top of it and that's massive.
Yeah probs because she knows how hard her dad worked for their money, whereas the other two came from generational wealth that would've spanned many decades if not centuries.
@@DS-yz4roDo some people think alt fashion automatically means cool/nice/good person?! I didn't know this. As someone born in 1990 and who grew up VERY alternative (punk, goth, scene whatever you wanna call it), I have firsthand met many many alt people who are straight up jerks.
Definitely need longer version of this Their background, their insight on how their parents lived, why did or didn't they go to college, what the aspirations were and how the reality made them change paths and so many more questions Cut, please
As someone from a third-world country, I tend to be skeptical when I see someone who appears to be a trust fund baby, especially if their parents acquired their wealth through government work. It is often associated with corruption. For instance, when I learned that a person comes from Venezuela, a country currently experiencing an economic crisis, and that they have a lot of money, bodyguards, and assets, I couldn't help but think that this situation is a classic example of corruption. In our own country, politicians are pushing for discretionary funds that are not connected to any intelligence agency, and it is common for their children to attend schools overseas. I know of one politician who was able to send their children in a Swiss boarding school that charges an annual tuition fee of around $176k USD, which is more than what the politician earns in a year.
To be fair, not all politicians are corrupt. Many have 2nd businesses that aren't attached to their job or they worked for years before and built up their wealth becoming a politician.
My only critique of this is this felt more focused on “how the poor views the rich” and “what makes you poor.” Feeling like a one directional conversation.
Being Venezuelan and hearing that Venezuelan's woman talk about her family's "assets" enraged me. This is blood money, money that belongs to the nation.
@@Luis-ej4eiI think before. but if it's after I believe she's most likely related to a rich opposition party member that still holds control of some of privatized industries within the country.
@@Luis-ej4ei Before, they don't let after into the US. Those after families who are thieves would be found in other major countries that are more aligned with the current government.
I agree, that ginger girls constant “🥺” expression was getting sooooo annoying. Especially since she hinted at her family’s wealth coming from the hard work of poor Venezuelans
my siblings and I all have great college degrees (fully funded by scholarships) and my sister just got a PhD scholarship but the amount of struggle we have to go through is literally unfathomable. we somehow have to pay the price of my dad being the most financially irresponsible person in the world and with such an uncertain future its messed up.
Exactly what I was thinking. Lots of those corrupt government employees/associates of Maduro and company ended up in the US. The irony of that, they steal all the money they can from the country, have this speech of hate towards The US, and their kids end up here because they cannot provide security for them after they screw up their own country.
Makes sense why the Venezuelan girl seemed quite hesitant with what she said. Didn’t answer how much she’s worth implying she’s worth a lot but also has family in the government? It’s obvious her wealth comes from corruption. Needs guards with her? Def got some dirty work done
Yea that plus the guilt. My family has money but I don't feel guilty about it, because privilege doesn't *have* to come with something sinister. I find her take very telling.
Out of curiosity though is it her fault for how her family earned their money? Ignoring her attitude and perspective, I’m just wondering why everyone is dragging her for her parents/family’s actions
Lady who spoke about her mental health declining from the gorcery store, I've been there. I worked for a liquor store that belonged to a grocery store and it was worst job of my life I'd get death threats all the time and the manager was just like yeah..it happens.
Yeah that's how it was for me when I worked at a gas station on overnight shift. People would come in threatening me and have knife cuts all up and down their hands and arms, I've had people attempt to steal money, come in drunk and fight in the parking lot... all kinds of scary shit and I got the fuck outta there finally. I may still be broke but at least I'm not terrified to go to work. That place was horrible for my mental.
I spent a winter break while at college working for Brooks Brother's. We had a guy come in one day and threaten the assistant manager because she wouldn't exchange a clearly well worn shirt. Only retail job I've ever had; not doing it again
same but just within the grocery store! and my managers let it (and other terrible things) happen every time because they’d rather traumatized employees than to lose out on money. my mental health got so bad i wasn’t able to work or leave my house for almost two years. i had to go on medication. thankfully i have a great job now where i make twice as much starting than i did that old job after 4 years
I think trust fund babies are something that’s inevitable, if my parents were wealthy I’m sure they’d also provide but what angers me is when they act like it doesn’t benefit them that much and the opportunities they get doesn’t come from that. Not having to worry about money in this world prevents so much stress in life and acting like it doesn’t significantly put you above everyone else is annoying.
I think using their money to care for their children and making it so they have no concept of money or limitations are two different things. If I had that money I'd make sure they'd never struggle for healthcare or student loans. I'd create an account for their stability and necessary care when they retire. But they can work and provide their own housing or pay for their own cars so they can learn the value of work and money. You can absolutely be a trust-fund baby and work your ass off but you'll never truly value that work or the meaning of money until you absolutely need to work to get by because you have no safety net. Obviously I'd never let my kid go hungry or end up homeless but if it was because they were lazy or unmotivated we'd definitely be having some conversations.
It's only inevitable until society takes a huge shift in how we address generational wealth. Having a nest egg of tens of thousands--- maybe even a few hundreds of thousands-- is one thing, but it's so incredibly terrifying (to me at least) that upwards of MILLIONS are being handed down. Not to mention stocks, property, other assets, etc. When we think about how much greater of an advantage those individuals will have in future success (connections, education, means to try everything and anything to find your niche), it's just compounding wealth that will never get spent. I definitely have no clue where to start or what needs to be done, but something needs to change.
100% agree! Also, I hate the crap "my father worked really hard" blah, blah, blah, just trying to justify it. As if the poor people don't work hard. Like the lady whose wealth is generational, from Venezuela, she said her father's side of the family was involved in government activities there for generations - if you know anything about that country, basically, they were most likely associated with criminals and ruined thousands of other families' lives for their own gain and prosperity. Nothing cute, innocent or normal about it, it's actually sickening and disturbing.
The girl who shared the vulnerability of her tears, had such a truthful and beautiful statement, and I hope she continues to decolonize her work life balance.
This was a bit awkward at times but overall so wholesome. The two sides meeting and understanding each other, breaking stereotypes, and also seeing each other's struggles. This is the kind of content I enjoy the most from Cut.
@@pooppee1897I read those expressions from her as a mix of empathy and guilt. And that kind of self awareness is far more than I would expect from most rich people.
@@doodoobutter101 she was trying her hardest to empathize but it came off as disingenuous when I'm sure her family has seen a lot of poverty in their own country
When the Venezuelan girl said her wealth came from generations of family working in the government….oof girl that’s corruption money. No wonder she was the most nervous to share.
The Trust fund ppl seemed sort of avoidant about the question of where the family money came from? I just wonder why. But it was nice how everyone found commonalities. Having money definitely solves some problems but it can also bring new problems too.
That was exactly what I also noticed. Generational wealth doesn't come from just becoming an engineer or coming from Venezuela with guards. Unfortunately I believe all 3 of them had parents involved in drug deals
This was a good idea. An interesting exchange also would be between people who had wealth then lost it, and those who grew up without and then came into it.
This episode was a cool one but there can be better changes if you do it again. The questions felt more out of touch. It felt like it was guiding the poorer people to be more open with their lifestyle while allowing the rich people to scoot around. Like asking a poor person how they contributed to their situation but not asking the rich if they believe their money came from a bad place.
But wealth isn't just solely determined by what you have in your bank accounts and income earning. Assets such as vehicles, materialistic items and the big one real estate assets. Those concepts all contribute to a person's wealth or net worth.
@@matthewperez555but people only really say it if they have real estate etc, which means they are rich. People who own real estate other than their home have money. Not that there's anything wrong with having money, just funny of them saying it in this video
@@bootsdooownanyone can be a trust fund kid or have assets. A home is an asset. It shouldn’t piss you off but inspire you to be smart & invested into economics for present & future. Nothing wrong with leaving descendants anything.
Not really? When you apply for food stamps or other public support that's a question they ask, if you have any assets, and they list out examples. It's not just owning houses, it's anything valuable that's not liquid cash. Some people are poor, but have assets.
It makes my blood boil that all these trust fund kids, could change the lives of these people by donating a tiny share of their wealth, or at least donating to other causes, like homelessness but they're probably hoarding it all and acting like they dont owe society anything.
@@IsraelCervantes-le4gf That doesn`t solve the problem. Yeah, you could feel all warm and fussy for a minute when the video would end with the trust fund kids giving some money to the poor people but that wouldn`t solve the structural inequalities that make the rich richer and poor people even poorer. There is loopholes for wealthy people to give their money to the next generation without paying taxes. (Put the money in a trust fund, that`s why they even are trust fund kids, they don`t have to pay inheritance tax for that money). How about fixing things like that and investing the inheritance tax into help for poor people, that would benefit more than two people on a CUT video.
I feel like they weren’t able to have a more profound or deeper conversation, because the trust fund babies weren’t very honest and open and just ended making the minimum wage people feel awkward😂😬 The blonde girl and the guy had a great conversation tho
Listening to the minimum wage people has inspired me to keep going. I'm a veteran, I have won public speaking competitions, I have done community service for the good of others, and attend an Ivy League university. I am drowning in debt and see no way out, but the minimum wage workers are working their damnedest and it makes me want to as well.
Caleb Hammer has videos that break down financial plans for people in a variety of bad situations. You might learn something that helps. They're also just entertaining
Can we get the blonde woman's venmo or something? I'd love to send her some money, seems like a really sweet person and I'm sure the smallest bit can help
Whats crazy is minimum wage varies by location. I don't make minum wage where I live but compared to say california I make a few quarters more than fast food workers.
And the thing about the "cost of living" point is that it mistakenly suggest that the minimum wage rate is somehow responsive to the cost of living when it really isn't. Efforts to raise the minimum wage are usually the result of deliberate, political effort and not done graciously by the state on the behalf of workers.
The woman who spoke about her mental health and working minimum wage jobs is so real. So so real. In those jobs you normally have to do more than you’re paid for. You have to get up, put a smile on your face and leave your problems at the door all in the name of “good customer service”. God bless her
The gal with the braids... i feel for her. I grew up in some poverty also. We would sneak to the car wash and take water to boil to shower etc. Found cans to buy dry beans.. im 38 from southern california.. the struggle is real. My boyfriend is a trust fund kid from orange county. Its frigging wild to imagine the wealth that exists.
i’m a trust fund baby and a minimum wage worker…it’s my parents money not mine and they make that very clear. i’ve had a job since i was 14 and had to buy my own car, gas, shopping trips, and any thing i want to do with friends that costs money. and still won’t get my trust fund until im 24. thank god for humble parents
you dont hear how disconnected from reality you are? most of us didnt have to temporarily work bad jobs with the knowledge that we could retire at 24 because daddy left a pile of cash. you have no idea what the real world is like. also, you didnt pay for everything as a child. your parents paid rent in the mansion you lived in. property taxes for the best schools. you were born into privilege you cant begin to comprehend
yea totally lmao. But you can also tell she’s just still very young and immature almost, so i’m not surprised. I hope she finds something joyful to do in life and not misuse that fund money
I wouldn't say so. She seemed like half the girls I went to college with. Even the ones that were middle-class or lower. I can't say that what we saw from her was more 'trust fund baby's than 'genz white girl'.
@@asianthegreat8725 I think ‘rude’ is the wrong word. She wasn’t trying to insult, it was just the fact of the matter. She has the funds to move and she did. If I were in her position I would too, I mean who wouldn’t 😅
@@asianthegreat8725 seriously?! Guess i misunderstood her lmao. I'm not from America so i figured Seattle would be less expensive than New York, Florida, Miami etc., so i thought she was being responsible😭😭
i don't think this is unpopular at all no offense, there's DEFINITELY something going on. the way she talks is very avoidant, like she knows her family is doing exploitative stuff but could get in trouble if she says exactly how they got wealthy.
It would have been super cool if Cut had set up and offered ways to donate to the folks working minimum wage, or pledged to donate proceeds from this video to them to help them out. The ending point about everyone regardless of monetary status being able to experience hardship was interesting; there's empathy there for sure, but these kids ideally would have access to money that grants them easier access to resources that can help them work through their trauma. Sometimes people working minimum wage (or less) don't have even that kind of luxury. That said, it's weird being "in the middle" sort of. I'm in a situation where a lot of assets and savings were inherited and this allowed me to quit my retail job (making 8.25 an hour. ridiculous.) and this opened up the door for me to work from home with my own schedule and stay as safe as possible during the pandemic. Bills are paid, ends are met; there's not really any "fun" money leftover, but my mental health is at the best it has ever been. I only wish the best for all of them.
I actually enjoyed everyone on here. They all seem well rounded and open minded to the experience. I’m happy that the lady with the blonde hair brought vulnerability to expressing how her work environment impacted her mental health.
I always love the cut comment section it feels like and extention of the conversation after the episode, with everyone's comment and everyone being respectful. Oh yeah also i love kai style.😅
As a British person, I still find all these things crazy. Thankfully, I was born in the range where the government of our country gave EVERY child from birth a trust fund (from 2002 to 2011) thought it was a joke till my brother got a letter from them a while ago. Have absolutely no clue how much money is in the account (but in these high costs of living I am in no position to complain) but I still find it interesting to see how different walks of life manage themselves accordingly.
Lmao this is the weirdest comment. “Thankfully you’re from England” . England was the nunebt one colonizer and wealth stealer of this world. The amount of generational wealth that occurred for you white English folk through your devotion to Christianity and stealing other peoples land goes on and on. Also your monarchy is the most rich corrupt thing there is.
I think EVERYONE on this episode was humble, kind and willing to share with an open heart what they are able to share. Some people in the comments are triggered because they couldnt find a hateable rich stereotype so they are making their own out of these simple people that are just trying to be nice.
Completely agree, everyone as respectful toward each other. Albeit a bit awkward at first, but that’s because they were nervous. People just love hating.
I really feel for the Venezuelan and the blonde girl. They both opened up and I can see the exhaustion from them both. The Venezuelan girl mentioned anxiety, guilt, seemed very anxious etc and obviously implied some darker things but couldn’t speak more on it. I disagree with her being entitled, she more seemed trapped. The blonde lady is very precious and she deserves more. I wish them both well and happiness in life 🙏🏼
I wish they had asked the trust fund kids how they contribute to society (or plan to). You were born into that money, have done nothing to deserve it but you now have power to do good in the world so that would be a fair question
Nobody is forced to do anything. If they want to travel and have a good time their whole life, they can afford it. They are not slaves to be pawned around and forced to work for some poor neighborhood. You just want to shame people for having a better standard than you and its a pretty poor reflection on your character
@@Brodathan I think you've interpreted their comment completely wrong. Everyone should contribute to society: that goes double if the shackles of economic instability don't affect you.
I have been seeing a therapist and part of my anxiety/depression is living on edge with financial concerns. No safety net if I fail. People share not to envy or feel jealous of those with a privileged background, but how can one not feel that way? Focusing on oneself is easy to say, but harder to do when your focus is mainly on survival and not living. It makes me worried that I will never get out of depression because this problem will always exist unless we get to a point in which money is neglible and we do things that make us happy and provide service for others without the expectation of a quantity of currency. All I can do now is focus on myself
As an immigrant and a provider for my family I definitely feel the pressure and stress and what truly helped me is switching my mindset-you can only do the best you can. I've been homeless and went hungry before and it is not as bad as I thought. I would never wish this upon anyone, but living in a constant state of fear and anxiety is not sustainable and is robbing you of your joy. Just take each day as it comes and try to do your best. This realization took years for me to come by, but once you hit a certain age being worried all the time is not an option since it erodes your heath and is undermining your efforts.
@@fatcatontario thanks 😊. I will keep what you shared in mind. I appreciate your story, and I am happy that you are doing better. I want to achieve that mindset.
I feel the first part. I was super happy and careless when I was younger. My parents and family were never wealthy, but they gave me a sense of security. As I've grown a bit older, I started to notice how fast money can go away and my sense of security crumbled. I'm now at a point, in my mid 30s, where I own more money than my parents ever had in their bank account and it's still not enough to make me feel safe again. And there probably will never be a sum to make me feel safe again. And I hate that.
Rich and well off people will never understand the struggle of being put into survival mode for most of your life due to financial struggles... their problems are minuscule in comparison, but they'd be offended before admitting that.
My generational wealth is a wealth of generational trauma if that counts? I live in Denver I have absolutely dealt with and interacted with PLENTY of trust-fund kids. My 90% Black and Brown neighborhood is being gentrified by trust-fund babies fresh out of college and trust-fund babies buying their first homes. It's amazing how out of touch so many of them are. This is a city where a group of trust-fund babies will go and spend more on brunch than most people have for their monthly food budget. They'll spend more going out to bars and restaurants in month than the average American pays for their monthly mortgage payments. I've spoken with people who will dumpster dive in the richest neighborhood full of trust-fund babies and find designer clothes or high-end electronics that are still have the tags or packaging because they bought the newer one before they used the "older" one that they threw away. It's mind-blowing how rich and how comfortable they are just wasting money. Obviously not every trust-fund baby is a terrible person but the life style some of them live and the complete security they have in life is something else. Especially since I come from a small mostly lower-middle working class community in the Midwest. I never interacted with the few rich kids there was because they went to different schools and churches and lived in completely different neighborhoods. Having been in so many scenarios growing up and as an adult where I'm living paycheck to paycheck did not prepare me for some of the wealth here in Denver or Colorado as a whole. Very interesting episode and you keep creating content that brings together people from completing different communities and backgrounds to learn from each other while giving us an opportunity to learn. @Cut thanks for the amazing work and content.
@@smoothmusic4340Elyria-Swansea. Unfortunately Five Points is pretty much at the end of the gentrification process by now. There was a White owned coffee shop in Five Points that actually said "Happily Gentrifying For 7 Years." It's truly disgusting.
The only one i would consider a trust fund kid is the one from Venezuela. The rest are just well off id say barely rich. They can buy like 1 nice house in a good area.
What that's like 10-15 years worth of good pay. They can finance that house and work like any job and never run out of money. It's definitely a trust fund baby
I disagree tbh. My granda died when I was 11 and left all his money to me, my brother and our two cousins from that side: ended up at about £30k when I got access to it when I was 18. I'd consider myself a "trust fund kid". With that money I was able to put a deposit down on a flat and entered adult life with a financial safety net. That's a massive leg-up compared to what the majority of people get. People saying "$750k -- 1 mil isn't rich"... what planet are you on?
@@etilque are u slow? thats 1M for existing, the family could have other assets and connections that she can inherit...talking about some "def not rich" does your family have the means to give you 750k off the bat?
The engineer was from Brazil. Beyond a vague mention of “generational wealth” and “government” the one who moved from Venezuela didn’t really elaborate on the source of wealth.
I wished they asked a question to the wealthy folks about whether they have any plans to use the wealth they inherited to give back and do good. It doesn't seem like any of them had that mindset or perspective but asking a question like that might plant the seed that they can do something positive with their inheritance, to help dismantle the systems that contribute to such vast wealth inequality.
@@bootsdooown Is that her direct responsibility? She can do right for herself, but I am not sure her or her children need to "repent" for things she didn't do herself.
i was asked if i hate rich people, i would have said yes. i wish i had that kind of money and privilege where i don't need to worry about the future and my survival. they're the lucky ones. money really does buy happiness for a lot of privileged people.
It does. It provides them with so much mental stability too, not just financial. A lot of people that disagree with the less fortunate folk really have no clue what it is like to be poor or homeless. But i also personally think that yes money does certainly buy happiness, but it more so provides opportunity that then provides happiness. Because even these awfully rich people can have a terrible life, whether that's mental health problems etc. I bought a jumpsuit the other day with money i had been saving for a long time, i didn't intend to use this saved money for this, but I've been going through a very tough period so i treated myself. I was so incredibly happy for the day, but that doesn't fix my problems. I very much hate rich people, always have and always will. The world is unjust.
This was actually very wholesome and touching for me to watch since i´ve kinda experienced both sides of the spectrum. I grew up in a relatively poor family, even though to be fair, not as bad as the one girl sleeping in cars and stuff. During my childhood I´ve at least always had a roof and basic needs like enough food which i´m greatful for but my parents had a farm which wasn´t going to great and I´ve had to work there since i was like 5 years old basically and we still couln´t afford more than these basic need. Yet still, at least that. Then, due to some issues of and with my parents, they threw my out of the house while i was still going to highschool without paying me anything to afford basic life expenses. So i was living with friends and later in a 7 square feet room in a dirty flat while still finishing high school and only eating like rice for the remaining 3-4 months of high school. After that I´ve started studying at university, financing myself with minimum wage jobs. Still very hard times with little money and little free time simultaneously but definietly way better than before. A few years later, I´ve earned a very good degree and a job which pays like way more than i would actually need. At the same time over these years I´ve reconciled with my parents while at the same time my fathers farm was getting wayway better and he even made some decent money through some good investments. So, like 10 years after hitting rock bottom, not knowing how to pay for rent and food regularly, I am in a situation where I earn a lot of money myself and am even lucky at the same time that i will likely inherit a little fortune from my father at some point, having another security net if i would lose my income - extremely fortunate situation for me. And i can now relate to the "rich kids" too that i feel almost somewhat guilty for that since I know that the majority of people are not as fortunate and I know how it feels to live in the uncertainty of not knowing how to finance my basic needs next month. All the best to all of them
Yeah I get that (somewhat). I grew up poor but not struggling as much as your family but I was teased at school Because had nothing to eat at break time unless I did homeschool work at home (though I went to state school full time) to earn pocket money to buy snacks from the school tuck shop. I usually had to work for food (but not lunch). But we had a car and went for outings on weekends. At uni the rent suddenly increased in my city so I could no longer live there and had to commute 4 hours a day. I worked fir minimum wage but not as a necessity, just to pay for things I wanted. I was at uni with old money and aristocrats, only a few people on my course didn't go to an expensive private school. My friends were girls who went to cheap no-name private schools. Only a couple of other people were state schooled. My second degree I was around billionaires mostly from developing countries and a couple told me to take cocaine to get through trauma which will me ake me happier and therefore sleep better, (though not sure about that as coke is a stimulant, but they meant longer term). I said I'd probably get addicted BC I have adductive personaliyy and they told me, and at other times my friend, that it's okay to be addicted to cocaine because rehab is only 60k GBP or not even 100k USD! So we should just let out parents know if we're addicted! When I said I couldn't just tell my parents I am addicted to drugs and need rehab because the situation is more complicated than that, they thought I didn't have a close relationship with them and said I can just use my trust fund to pay for rehab and they won't know. Or just charge the rehab to their account and they won't notice 🤣 like botch that card will decline or else my parents will be 60k in debt 😭🤣 Now my mum is rich but I'm still broke as I haven't found a full time permanent degree level job. I expect to be rich in future from trading and the stock market as well as other things I'm trying. So I get that perspective from both sides, though not as intensely as you since I wasn't thrown out of the house.
This video was so great. I’m glad ai came across it and related so much to the woman with the straight blonde hair who is from Mexico. I’m glad she was there to share her very helpful and relatable story❤
Honestly I’d like to see some more projects from this channel that seem like they took LOTS of effort to gather people for. Sometimes I feel like this channel has so much more potential than what it’s currently giving.
Personally I think this channel puts the world a lot into perspective, well, at least a western perspective. It shows how different individuals are, how there are stereotypes, judgements, beliefs etc. I don't know if that makes sense but yk. This channel makes me think deep about life because there are so many people living different lives and also experiencing the same lives as I and that's quite freaky.
They should have asked the rich people what they have done to deserve their money like they asked the poor people why they were poor. That part was pretty awkward
I want to know how deep the woman from Venezuela's family were in the government, because their government definitely made officials richer through corruption while the majority of the country had to deal with poverty.
$750k is trust fund baby? Lol. $750k is $22,500 per year at 3% withdrawal rate. Good luck living well off $22,500 per year. Better than nothing but not living that Lamborghini life!
To be fair in this economy it’s a good back up. I’m assuming unless the trust had millions they would still be working. This is assuming you wouldn’t need to take from it to survive just for emergencies.
I disagree tbh. My granda died when I was 11 and left all his money to me, my brother and our two cousins from that side: ended up at about £30k when I got access to it when I was 18. I'd consider myself a "trust fund kid". With that money I was able to put a deposit down on a flat and entered adult life with a financial safety net. That's a massive leg-up compared to what the majority of people get.
I would love to see an episode on “New Money” vs “Old Money” because it’s a different mindset you have when you grow up poor & become first generation wealthy
100% theres a sort of remaining fear but also guilt for now having money and not fully knowing how we got lucky enough to get it
Old money vs no money
that's a great suggestion! i hope cut this for an episode
Plss make this happen
took the words right out mouth.
The questions they asked the trust fund kids were SO tame compared to “is it your fault you’re poor” lmao
Right. Makes me wonder the finances of the person writing the questions
I was hoping they would ask the same thing - "How have you contributed to your current financial status?" to the trust fund folks.
Why does that matter in the least? @@Rs-rq9fd
I was thinking the same thing “these questions must have been created by a wealthy person”
Way too tame.
When the Venezuelan says her family is involved in "Government" that basically means brazen corruption, which is a large part of why the guards are necessary. No wonder she's racked with guilt. Her fortune was stolen from people even poorer than the lady across from her. Definitely a gem of a person to have on, wish this was much longer.
she pissed me off like thank u for ruining my country i guess
@@suhbrinait wasn’t *her*, not sure she could have even stopped the corruption if she tried
There's many people searching for something to eat on the garbage in Venezuela, many kids that have died by starvation because of that currption. Yeah she should feel guilty about his family's stolen money.
@@CamilaSaurus not saying she would stop corruption? she just has some nerve to show up and talk abt how shes rich knowing HOW she is rich like no shame
@@bluebirdxher family was the first domino piece that threw the hole thing down. No matter what it still shows shes out of touch to show up and say she has guilt because she's guilty. Her family ruined a country that still hasn't recovered and shes out here in the US to "pretend she feels bad" ???? if she actually felt bad she could do SOMETHING with HALF the wealth she has to help her country back on their feet. Enough of the pity and put the money were the mouth is.
The Venezuelan girl looking shocked to the core when the other lady said she had $80 in her bank account made me laugh out loud. I have $1 in my account rn and I always forget that not everyone lives paycheck to paycheck and struggles so hard because it’s so normal for me.
It’s interesting because I use to live paycheck to paycheck because I didn’t earn enough not to and then found a job that actually pays me enough not to. But when I got my first paycheck I had no clue how not to live paycheck to paycheck so I would rack up credit card debt just so I would have bills at the end of the month because it felt weird just having extra money sitting there and having more than a few dollars left at the end of the month. I guess im saying that to say it’s wild how long lived experiences can shape the way you behave even after your circumstances change for the better.
If you are used to a safety net that just scares the shit out of you. You have my respect to manage this stress mentally. I can not imagine
Lol I literally have -18
@@blablaklabautermann7578 Lol thank you 😭 I’ll save you the gory details but eating instant noodles for two weeks straight really messes up your insides
@@madisonphillips4888 I’ll loan you 70 cents 🤣
they need to ask the wealthy ones more questions
Cap 🤣@@blaknwhit3cookies
@@blaknwhit3cookieswhere does your wealth come from?
@@blaknwhit3cookies why are you pretending to be wealthy in a youtube comment section?
@@blaknwhit3cookies that was my question
They really do! To make it one-sided and have the lower class person be the recipient of most of the questions, it's almost like it's an exoticism of the poor. Even the question about their expectations at the end was only answered by the person on the right. Why did that question not apply to both?
"Generational wealth" is not the answer to "Where does your money come from" and she knows it so well, what an avoidance to answer with honesty.
yep def guilty af
Yeah, generational wealth started from somewhere. She could've said what kind of industry it started from. Like is it oil, real estate, dealership, shipping, farming, airline, entertainment, retail, medical, tech, drugs, etc. That type of wealth to have that many guards around, it had to be something serious.
@@PanameraTurboSEHybrid yes, she could have, but she also knows the wealth was most certainly built off of exploiting people like the one sitting across the table from her. That is where the money comes from, industry is irrelevant :)
@@Petra-P she's Venezuelan. the wealth her family got was through government corruption. no one in venezuela actually has assets and the rich who live overseas, all got it from the government.
source: I'm venezuelan and know someone just like her
@@PanameraTurboSEHybridsince she mentioned the government and being from Venezuela, corrupt politicians draining money from the poor is probably where her wealth came from. It would make the most sense considering she needed bodyguards around her at all times 😒
Why is it ok to ask a lower wage person what they make, but you can't ask a higher wage person what they make. We already know who has more money! So you can speak about it.
It's called control. When the poor tells you how much they have, it's something you can use against them. The rich won't let their guards down and allow to people to know what they really have of course. They don't want to be played.
They asked what the person “was worth” because they might’ve just assumed that the trust fund babies don’t all have jobs, just like the one lady said she had just quit her job because she had the money
They asked the trust fund kids their net worth and most answered. Except for the Venezuelan girl who is definitely the kid of a former corrupt government official and knows better than to just disclose her net worth.
They asked both??
@meganod279 or because telling the whole world how wealthy you are is potentially life threatening?
I think you can relax and take off your tin foil hat
I totally relate with the blonde woman who said working at the grocery store made her want to unalive herself. I worked at FedEx for almost 3 years while going to school and I was so freaking depressed. I would wake up and cry as I was getting ready for work and one day after work I stopped at the dollar tree, bought some ibuprofen and cried in my car while contemplating taking the whole thing. Yeah it probably wouldn’t have unalived me but I was just so done with life. I’m grateful I was able to get through that and leave that job.
I'm glad you're doing better now 🤍
It's pretty surreal to hear her say that and see you write this and know that this is a shared experience. I'm happy that you made moves to help yourself out of that. May God bless.
I'm so glad you left the job and ar doing better now!
I hear you. Yeah working in a factory doing the same small movement every day. Then I got shifted to the tagging booth for 2-12 hours I would tag a carcass with its weight. I could not move. I could feel my brain just rebelling. I got out. And, I have always made sure that I got jobs with variety and more people interaction.
@@Snookered4568They probably bought ibuprofen initially due to the pain and soreness from working at fed ex
I’m always curious what it’s like to live without the worry of losing the roof over your head daily. And while I’m delivering DoorDash or Instacart and see mansions and million dollar vacation homes that are empty but 2 months out of the year, with front doors worth more than I have ever owned, I can’t wrap my head around it. Like how they even pay just the electric bill or yearly property taxes alone.
I think it makes a huge different whether one grew up with wealth or not. If you grew up with it, you'd have other problems & issues even though money would not be one of them. It's like us having smartphones, we grew up with it, whereas people in poorer countries dream of what iti's like to live like us and have smartphones eventhough we're not happier than them. But I think if you've worked for your wealth yourself you'd have a much bigger appreciation for it.
@@mtcs6701 true.
And it’s not even the things and materials I envy. Because I’ve never been into having any thing more than what I need. Although a nice cozy quiet house on a lake would be nice. And being able to not worry about health and medical bills. But it’s the idea that they are carefree and without stress. But you’re right and I know they have their own set of different issues.
I live in Colorado and there are homes worth more than the average neighborhood where the owners might visit for one weekend a year.
Where Bill Gates, George Lucas, Tom Cruise, Rupert Murdock's family, Saudi royals and other absurdly wealthy people have homes they might not even go to in an entire year.
One of my good friend's husband is a carpenter who's worked on some of the homes there and his told me some crazy details about the homes.
A friend (RIP) was a realtor and I couldn't believe some of the things he'd tell me when he'd be working on high end homes.
It really blows my mind.
@@mtcs6701 While that may be true, certain worries and every day struggles are more of a burden than others. Maslow's Hierarchy of Needs is an excellent theory that demonstrates how lacking in survival needs prevents us from reaching self-actualization. So while I don't doubt wealthy people have substantial burdens of their own, it's just that they are able to do more simply because they don't struggle with every day survival.
@@mtcs6701 Not a good comparison. Firstly, people in poorer countries can buy smartphones for $20, literally. Even if they couldn't, it's something you can save up in a year or two no matter how poor you are. For 99% of people in RICH countries, including people who make a 6-figure income, it's impossible to ever own a $20-30 million mansion even if they worked 50+ years for it. Big difference. Also, poor people have as many problems as the rich plus they have money problems on top of it and that's massive.
I like the girl with buns. She knows she’s lucky to have what she has and isn’t judgmental at all. She has an amazing personality.
Yeah probs because she knows how hard her dad worked for their money, whereas the other two came from generational wealth that would've spanned many decades if not centuries.
You saw 2 minutes of her. Even the alternative fashion people can be awful. I've found that the hard way
@@DS-yz4ro yeah there's definitely sth iffy about her
She seems semi self aware but we barely "met" her. Idk about "amazing personality."
@@DS-yz4roDo some people think alt fashion automatically means cool/nice/good person?! I didn't know this. As someone born in 1990 and who grew up VERY alternative (punk, goth, scene whatever you wanna call it), I have firsthand met many many alt people who are straight up jerks.
Definitely need longer version of this
Their background, their insight on how their parents lived, why did or didn't they go to college, what the aspirations were and how the reality made them change paths and so many more questions
Cut, please
I can answer some questions for you.
Seriously!
@@blaknwhit3cookiesAre you a trust fund kid or a minimum wage worker? If it's the former, I'm interested! The latter, not so much 😅 😂
A long middle ground discussion with rich and poor people would be good
@@missbraindamage the first, yes.
As someone from a third-world country, I tend to be skeptical when I see someone who appears to be a trust fund baby, especially if their parents acquired their wealth through government work. It is often associated with corruption. For instance, when I learned that a person comes from Venezuela, a country currently experiencing an economic crisis, and that they have a lot of money, bodyguards, and assets, I couldn't help but think that this situation is a classic example of corruption.
In our own country, politicians are pushing for discretionary funds that are not connected to any intelligence agency, and it is common for their children to attend schools overseas. I know of one politician who was able to send their children in a Swiss boarding school that charges an annual tuition fee of around $176k USD, which is more than what the politician earns in a year.
Sameeee
Yup as soon as she was asked where her money came from she CLAMMED UP AND SHUT DOWN. Girl we ALL KNOW.
To be fair, not all politicians are corrupt. Many have 2nd businesses that aren't attached to their job or they worked for years before and built up their wealth becoming a politician.
@@9395gbVenezuelan politicians are generally gonna be corrupt. Come on now 😂😅
Proud to be pinoy 🤡 People like her make my blood boil
My only critique of this is this felt more focused on “how the poor views the rich” and “what makes you poor.” Feeling like a one directional conversation.
Being Venezuelan and hearing that Venezuelan's woman talk about her family's "assets" enraged me. This is blood money, money that belongs to the nation.
do you think it's from before or after chavez?
cry
@@Alienman1212 mans actually already crying
@@Luis-ej4eiI think before. but if it's after I believe she's most likely related to a rich opposition party member that still holds control of some of privatized industries within the country.
@@Luis-ej4ei Before, they don't let after into the US. Those after families who are thieves would be found in other major countries that are more aligned with the current government.
Props to blonde girl lol she got stuck with the patronizing, pitying trust fund baby and she was nice the whole time
she was so sweet and genuine!
Yeah dude she got a horrible person to talk to
I agree, that ginger girls constant “🥺” expression was getting sooooo annoying.
Especially since she hinted at her family’s wealth coming from the hard work of poor Venezuelans
How is she patronizing y'all sensitivity is crazy. That's her personality
weird, i did not think she was patronizing/pitying at all. if anything, she seemed empathetic
The first 3 seconds had me 😂 “generation wealth ya know” “… ya I wouldn’t know”😂
“I don’t think society was set up for people that come from my lifestyle, raised having to struggle.”
I literally think about this every day.
my siblings and I all have great college degrees (fully funded by scholarships) and my sister just got a PhD scholarship but the amount of struggle we have to go through is literally unfathomable. we somehow have to pay the price of my dad being the most financially irresponsible person in the world and with such an uncertain future its messed up.
its not. its literally run by the rich, so ofc you arent someone theyd consider
You have scholarships and degrees. You're not struggling. You're doing quite well.
@9395gb we might give off that impression, yes, but i can't even afford drugs and I have a serious medical condition
that was SUCH an intelligent answer to an uncomfortable question. i wonder why cut didnt ask the same question back to the other side.
Yikes generational wealth from Venezuela. That family has some skeletons in its closet. Not necessarily the kids of course
Yes and involved in the Venezuelan government…. Seems sketchy.
the guards too… girl is in da mob
Exactly what I was thinking. Lots of those corrupt government employees/associates of Maduro and company ended up in the US. The irony of that, they steal all the money they can from the country, have this speech of hate towards The US, and their kids end up here because they cannot provide security for them after they screw up their own country.
Ya she's the daughter of a minister or government official who robbed the people of Venezuela
Big Yikes!
Makes sense why the Venezuelan girl seemed quite hesitant with what she said. Didn’t answer how much she’s worth implying she’s worth a lot but also has family in the government? It’s obvious her wealth comes from corruption. Needs guards with her? Def got some dirty work done
Yea that plus the guilt. My family has money but I don't feel guilty about it, because privilege doesn't *have* to come with something sinister. I find her take very telling.
Out of curiosity though is it her fault for how her family earned their money? Ignoring her attitude and perspective, I’m just wondering why everyone is dragging her for her parents/family’s actions
She doesn’t get to choose her family lol
It’s the fact that she came on this show just to bullshit. Speak up about it or don’t come at all.
@@jennlynn212 if she really felt bad she’d try and right the wrongs of her family
I really liked the minimum wage guy!! He seems so genuine and sweet.
He is in real life 🥹🫶🏽
The girl with buns seemed like she was vibing him.
The Venezuelan one, she knows damn right its all corruption money or Cartels LMAO. thats not Family money
Why not both?
Lady who spoke about her mental health declining from the gorcery store, I've been there. I worked for a liquor store that belonged to a grocery store and it was worst job of my life I'd get death threats all the time and the manager was just like yeah..it happens.
Yeah that's how it was for me when I worked at a gas station on overnight shift. People would come in threatening me and have knife cuts all up and down their hands and arms, I've had people attempt to steal money, come in drunk and fight in the parking lot... all kinds of scary shit and I got the fuck outta there finally. I may still be broke but at least I'm not terrified to go to work. That place was horrible for my mental.
@@Bearslikejaimieim so sorry that is so scary.
I worked the exact same job with the exact same outcome. Only reason I stayed was liking the other workers.
I spent a winter break while at college working for Brooks Brother's. We had a guy come in one day and threaten the assistant manager because she wouldn't exchange a clearly well worn shirt. Only retail job I've ever had; not doing it again
same but just within the grocery store! and my managers let it (and other terrible things) happen every time because they’d rather traumatized employees than to lose out on money. my mental health got so bad i wasn’t able to work or leave my house for almost two years. i had to go on medication. thankfully i have a great job now where i make twice as much starting than i did that old job after 4 years
Respect for that one lady for opening up about mental health im happy she is striving to pursue something she would much rather do
I think trust fund babies are something that’s inevitable, if my parents were wealthy I’m sure they’d also provide but what angers me is when they act like it doesn’t benefit them that much and the opportunities they get doesn’t come from that. Not having to worry about money in this world prevents so much stress in life and acting like it doesn’t significantly put you above everyone else is annoying.
I think using their money to care for their children and making it so they have no concept of money or limitations are two different things.
If I had that money I'd make sure they'd never struggle for healthcare or student loans.
I'd create an account for their stability and necessary care when they retire.
But they can work and provide their own housing or pay for their own cars so they can learn the value of work and money.
You can absolutely be a trust-fund baby and work your ass off but you'll never truly value that work or the meaning of money until you absolutely need to work to get by because you have no safety net.
Obviously I'd never let my kid go hungry or end up homeless but if it was because they were lazy or unmotivated we'd definitely be having some conversations.
It’s not inevitable. We need to change tax laws to make it impossible to pass on such large sums of money.
It's only inevitable until society takes a huge shift in how we address generational wealth. Having a nest egg of tens of thousands--- maybe even a few hundreds of thousands-- is one thing, but it's so incredibly terrifying (to me at least) that upwards of MILLIONS are being handed down. Not to mention stocks, property, other assets, etc. When we think about how much greater of an advantage those individuals will have in future success (connections, education, means to try everything and anything to find your niche), it's just compounding wealth that will never get spent. I definitely have no clue where to start or what needs to be done, but something needs to change.
100% agree! Also, I hate the crap "my father worked really hard" blah, blah, blah, just trying to justify it. As if the poor people don't work hard. Like the lady whose wealth is generational, from Venezuela, she said her father's side of the family was involved in government activities there for generations - if you know anything about that country, basically, they were most likely associated with criminals and ruined thousands of other families' lives for their own gain and prosperity. Nothing cute, innocent or normal about it, it's actually sickening and disturbing.
@@fogel76why do you have the right to tell someone else what to do with the money they earned? Get over yourself
the venezuelan woman had the shitty "i'm so sorry that happened to you, how did that make you feel" therapist look on her face
The girl who shared the vulnerability of her tears, had such a truthful and beautiful statement, and I hope she continues to decolonize her work life balance.
“Generational wealth, ya know?” No… no I actually don’t know 🤣
I was so hoping the trust fund kids were gonna surprise the minimum wage workers with like 10k each at the end.
Lol.
I understand the sentiment, but rich people are still people and shouldn’t be seen as banks or coin machines.
If I was rich I’d definitely help people
You would be very surprised, but most rich folks (especially those who inherited their money) are beyond stingy...
Yeah. I was hoping that Cut would pledge to give the proceeds from this video to them, or set up some sort of donation thing.
@@fatcatontariobut its they money
This was a bit awkward at times but overall so wholesome. The two sides meeting and understanding each other, breaking stereotypes, and also seeing each other's struggles. This is the kind of content I enjoy the most from Cut.
the classical music over the woman talking about killing herself is wild
You can tell the red head’s family does some SHADYYYY stuff.
Is it dumb I hate her posture
Its giving Anna Delvey 😂
the redhead CANNOT control her face 😭💀
She was pissing me off with that "🥺" look
@@pooppee1897wheew me too, I was so offended on that other lady's behalf. Smh
@@pooppee1897I read those expressions from her as a mix of empathy and guilt. And that kind of self awareness is far more than I would expect from most rich people.
@@pooppee1897LMAO SAME
@@doodoobutter101 she was trying her hardest to empathize but it came off as disingenuous when I'm sure her family has seen a lot of poverty in their own country
When the Venezuelan girl said her wealth came from generations of family working in the government….oof girl that’s corruption money. No wonder she was the most nervous to share.
0:04 *« Well, I wouldn’t know. »* 😂😂😂
The Trust fund ppl seemed sort of avoidant about the question of where the family money came from? I just wonder why. But it was nice how everyone found commonalities. Having money definitely solves some problems but it can also bring new problems too.
Drug money ;)
Well generational wealth from venezuela while she had guards staying with her as a kid is pretty telling
@@birdie7910 Her ancestors definitely fled Nazi Germany lol
I mean maybe some don’t know but either they don’t have to tell.
That was exactly what I also noticed. Generational wealth doesn't come from just becoming an engineer or coming from Venezuela with guards. Unfortunately I believe all 3 of them had parents involved in drug deals
This was a good idea. An interesting exchange also would be between people who had wealth then lost it, and those who grew up without and then came into it.
This episode was a cool one but there can be better changes if you do it again. The questions felt more out of touch. It felt like it was guiding the poorer people to be more open with their lifestyle while allowing the rich people to scoot around. Like asking a poor person how they contributed to their situation but not asking the rich if they believe their money came from a bad place.
“So don’t eat the rich, but just nibble them a little” LMFAO
Can you bring back the chick that was talking about her mental health? Her energy is so great
When he said "I thought she would spit on me" that ended me
😂😂
"assets" is such a rich person word LOL
no fr that part pissed me off sm like girl just say how much is in ur bank account
But wealth isn't just solely determined by what you have in your bank accounts and income earning. Assets such as vehicles, materialistic items and the big one real estate assets. Those concepts all contribute to a person's wealth or net worth.
@@matthewperez555but people only really say it if they have real estate etc, which means they are rich. People who own real estate other than their home have money. Not that there's anything wrong with having money, just funny of them saying it in this video
@@bootsdooownanyone can be a trust fund kid or have assets. A home is an asset. It shouldn’t piss you off but inspire you to be smart & invested into economics for present & future. Nothing wrong with leaving descendants anything.
Not really? When you apply for food stamps or other public support that's a question they ask, if you have any assets, and they list out examples. It's not just owning houses, it's anything valuable that's not liquid cash. Some people are poor, but have assets.
(Oh you know, generational wealth)
“Oh I don’t know “
Good conversation. I feel for the 2 women who were struggling. I wish I could help.
I'm sure if you wanted to give money to Cut, they would forward it
@@KostasG-nt9pe lol good reply 😂
It makes my blood boil that all these trust fund kids, could change the lives of these people by donating a tiny share of their wealth, or at least donating to other causes, like homelessness but they're probably hoarding it all and acting like they dont owe society anything.
You can vote for a party that raises minimum wage, wants universal health care, free school meals, etc. That would help them a lot.
@@IsraelCervantes-le4gf That doesn`t solve the problem. Yeah, you could feel all warm and fussy for a minute when the video would end with the trust fund kids giving some money to the poor people but that wouldn`t solve the structural inequalities that make the rich richer and poor people even poorer.
There is loopholes for wealthy people to give their money to the next generation without paying taxes. (Put the money in a trust fund, that`s why they even are trust fund kids, they don`t have to pay inheritance tax for that money). How about fixing things like that and investing the inheritance tax into help for poor people, that would benefit more than two people on a CUT video.
LMAOOOO I love the blonde girl!! "No, as you can tell, Im a chunky biatchhh". Sorry she got stuck with the War Criminal kid.
I feel like they weren’t able to have a more profound or deeper conversation, because the trust fund babies weren’t very honest and open and just ended making the minimum wage people feel awkward😂😬
The blonde girl and the guy had a great conversation tho
Venezuelan girl looked guilty asf as she knows her money are stolen. Guards? Drug lord or corruption.
I heard venezuela and my alarms went off, then she mentioned the government. Yes, we knew
I lost it when she asks "does it affect your daily life ?" 😂 yes being broke is a daily struggle !
I’m sorry but the Venezuelan girl was so condescending! She legit sighed and said “wow” this is why eat the rich is a thing.
Listening to the minimum wage people has inspired me to keep going. I'm a veteran, I have won public speaking competitions, I have done community service for the good of others, and attend an Ivy League university. I am drowning in debt and see no way out, but the minimum wage workers are working their damnedest and it makes me want to as well.
Caleb Hammer has videos that break down financial plans for people in a variety of bad situations. You might learn something that helps. They're also just entertaining
Can we get the blonde woman's venmo or something? I'd love to send her some money, seems like a really sweet person and I'm sure the smallest bit can help
Would love to see more of this topic! Solid choice, and a raise for who pitched this idea!
Trust fund babies: trynna find happiness despite having money
Normies: accepting unhappiness and debt
Whats crazy is minimum wage varies by location. I don't make minum wage where I live but compared to say california I make a few quarters more than fast food workers.
Yes! I live in WA & it’s $15.50 but 15 mins away from me it’s $7.50 in idaho
Cost of living ✨
I can’t believe that the servers in Bob Evens in Maryland (at least) are paid $2 an hour and have to report their tips to the management.
Why is that crazy tho?
And the thing about the "cost of living" point is that it mistakenly suggest that the minimum wage rate is somehow responsive to the cost of living when it really isn't. Efforts to raise the minimum wage are usually the result of deliberate, political effort and not done graciously by the state on the behalf of workers.
The amount of Venzuelans in the comments trying to figure out who is she is insane. WE WANT TO KNOW
“I love Bill Gates” lmao he really does have a great personality
The woman who spoke about her mental health and working minimum wage jobs is so real. So so real. In those jobs you normally have to do more than you’re paid for. You have to get up, put a smile on your face and leave your problems at the door all in the name of “good customer service”. God bless her
“This experience was awesome!” Now lend me $50,000 👀
The gal with the braids... i feel for her. I grew up in some poverty also. We would sneak to the car wash and take water to boil to shower etc. Found cans to buy dry beans.. im 38 from southern california.. the struggle is real. My boyfriend is a trust fund kid from orange county. Its frigging wild to imagine the wealth that exists.
i’m a trust fund baby and a minimum wage worker…it’s my parents money not mine and they make that very clear. i’ve had a job since i was 14 and had to buy my own car, gas, shopping trips, and any thing i want to do with friends that costs money. and still won’t get my trust fund until im 24. thank god for humble parents
Im a millionaire at 24 (by inheritance) and got sort of the same treatment from my parents as you do and its definately a blessing in disguise
you dont hear how disconnected from reality you are? most of us didnt have to temporarily work bad jobs with the knowledge that we could retire at 24 because daddy left a pile of cash. you have no idea what the real world is like. also, you didnt pay for everything as a child. your parents paid rent in the mansion you lived in. property taxes for the best schools. you were born into privilege you cant begin to comprehend
Girl with glasses fit the stereotypes I had perfectly lol
yea totally lmao. But you can also tell she’s just still very young and immature almost, so i’m not surprised. I hope she finds something joyful to do in life and not misuse that fund money
I wouldn't say so. She seemed like half the girls I went to college with. Even the ones that were middle-class or lower. I can't say that what we saw from her was more 'trust fund baby's than 'genz white girl'.
For sure saying she only moved to Seattle( one of the most expensive places to live in the US) because she can is a bit naive n rude
@@asianthegreat8725
I think ‘rude’ is the wrong word. She wasn’t trying to insult, it was just the fact of the matter. She has the funds to move and she did. If I were in her position I would too, I mean who wouldn’t 😅
@@asianthegreat8725 seriously?! Guess i misunderstood her lmao. I'm not from America so i figured Seattle would be less expensive than New York, Florida, Miami etc., so i thought she was being responsible😭😭
Unpopular opinion the Venezuelan’s wealth (her family) could be from exploitative means.
i don't think this is unpopular at all no offense, there's DEFINITELY something going on. the way she talks is very avoidant, like she knows her family is doing exploitative stuff but could get in trouble if she says exactly how they got wealthy.
That is the popular opinion here
almost every wealth person's money is from exploitation of people or our planet
It would have been super cool if Cut had set up and offered ways to donate to the folks working minimum wage, or pledged to donate proceeds from this video to them to help them out. The ending point about everyone regardless of monetary status being able to experience hardship was interesting; there's empathy there for sure, but these kids ideally would have access to money that grants them easier access to resources that can help them work through their trauma. Sometimes people working minimum wage (or less) don't have even that kind of luxury.
That said, it's weird being "in the middle" sort of. I'm in a situation where a lot of assets and savings were inherited and this allowed me to quit my retail job (making 8.25 an hour. ridiculous.) and this opened up the door for me to work from home with my own schedule and stay as safe as possible during the pandemic. Bills are paid, ends are met; there's not really any "fun" money leftover, but my mental health is at the best it has ever been.
I only wish the best for all of them.
He is too kind when he answers to the « do you hate the rich? » say YES
I actually enjoyed everyone on here. They all seem well rounded and open minded to the experience. I’m happy that the lady with the blonde hair brought vulnerability to expressing how her work environment impacted her mental health.
Need 10 more episodes of this exact theme. This is so important.
Red Head’s family needs to be looked into.
The girl with the spilt dye was so humble! WE LOVE A HUMBLE QUEEN!
no tf we dont. being nice and being a good person are two completely different things
She got the money 3 years ago, so that could be why she’s normal
Has anyone tried to do a deep dive on what family the Venezuela girl is from? So interesting!
I appreciate how honest these people got. It's hard to be so open about these things when money can be such a personal subject.
“As you can tell I’m a chunky bitch” LMAO I love her!!
9:40 "we love being in our 20s" the first person I've ever heard say they love their 20s
Well it is better than my teen years so far (23M)
Older people have said their 20s were the best. With the economic situation now, being in your 20s sucks ass.
I always love the cut comment section it feels like and extention of the conversation after the episode, with everyone's comment and everyone being respectful.
Oh yeah also i love kai style.😅
As a British person, I still find all these things crazy. Thankfully, I was born in the range where the government of our country gave EVERY child from birth a trust fund (from 2002 to 2011) thought it was a joke till my brother got a letter from them a while ago. Have absolutely no clue how much money is in the account (but in these high costs of living I am in no position to complain) but I still find it interesting to see how different walks of life manage themselves accordingly.
That is very interesting! I’ve never heard of that either and now I’m going to try look up info about it
Wtf, I didn't know about that, but sadly I was born in 2001 😭😂
The government put £250 in every child’s account, so at least that much :). People on average have £800 in their trust funds once they turn 18
@@Algae555 The only money that was supposed to be given to me when I turned 18 got spent on a conservatory 😂
Lmao this is the weirdest comment. “Thankfully you’re from England” . England was the nunebt one colonizer and wealth stealer of this world. The amount of generational wealth that occurred for you white English folk through your devotion to Christianity and stealing other peoples land goes on and on. Also your monarchy is the most rich corrupt thing there is.
I think EVERYONE on this episode was humble, kind and willing to share with an open heart what they are able to share. Some people in the comments are triggered because they couldnt find a hateable rich stereotype so they are making their own out of these simple people that are just trying to be nice.
Completely agree, everyone as respectful toward each other. Albeit a bit awkward at first, but that’s because they were nervous. People just love hating.
I really feel for the Venezuelan and the blonde girl. They both opened up and I can see the exhaustion from them both. The Venezuelan girl mentioned anxiety, guilt, seemed very anxious etc and obviously implied some darker things but couldn’t speak more on it. I disagree with her being entitled, she more seemed trapped. The blonde lady is very precious and she deserves more. I wish them both well and happiness in life 🙏🏼
If you know what venezuelans are going through because of the government you'd know why she probably feels so guilty
The Venezuelan definitely comes from corruption money
1:06 has me rollinggg😂😂
I wish they had asked the trust fund kids how they contribute to society (or plan to).
You were born into that money, have done nothing to deserve it but you now have power to do good in the world so that would be a fair question
Nobody is forced to do anything. If they want to travel and have a good time their whole life, they can afford it. They are not slaves to be pawned around and forced to work for some poor neighborhood.
You just want to shame people for having a better standard than you and its a pretty poor reflection on your character
@@Brodathan I think you've interpreted their comment completely wrong. Everyone should contribute to society: that goes double if the shackles of economic instability don't affect you.
I have been seeing a therapist and part of my anxiety/depression is living on edge with financial concerns. No safety net if I fail. People share not to envy or feel jealous of those with a privileged background, but how can one not feel that way? Focusing on oneself is easy to say, but harder to do when your focus is mainly on survival and not living. It makes me worried that I will never get out of depression because this problem will always exist unless we get to a point in which money is neglible and we do things that make us happy and provide service for others without the expectation of a quantity of currency. All I can do now is focus on myself
As an immigrant and a provider for my family I definitely feel the pressure and stress and what truly helped me is switching my mindset-you can only do the best you can. I've been homeless and went hungry before and it is not as bad as I thought. I would never wish this upon anyone, but living in a constant state of fear and anxiety is not sustainable and is robbing you of your joy. Just take each day as it comes and try to do your best. This realization took years for me to come by, but once you hit a certain age being worried all the time is not an option since it erodes your heath and is undermining your efforts.
@@fatcatontario thanks 😊. I will keep what you shared in mind. I appreciate your story, and I am happy that you are doing better. I want to achieve that mindset.
I feel the first part. I was super happy and careless when I was younger. My parents and family were never wealthy, but they gave me a sense of security.
As I've grown a bit older, I started to notice how fast money can go away and my sense of security crumbled. I'm now at a point, in my mid 30s, where I own more money than my parents ever had in their bank account and it's still not enough to make me feel safe again. And there probably will never be a sum to make me feel safe again. And I hate that.
Rich and well off people will never understand the struggle of being put into survival mode for most of your life due to financial struggles... their problems are minuscule in comparison, but they'd be offended before admitting that.
it's called financial PTSD
My generational wealth is a wealth of generational trauma if that counts?
I live in Denver I have absolutely dealt with and interacted with PLENTY of trust-fund kids.
My 90% Black and Brown neighborhood is being gentrified by trust-fund babies fresh out of college and trust-fund babies buying their first homes.
It's amazing how out of touch so many of them are.
This is a city where a group of trust-fund babies will go and spend more on brunch than most people have for their monthly food budget.
They'll spend more going out to bars and restaurants in month than the average American pays for their monthly mortgage payments.
I've spoken with people who will dumpster dive in the richest neighborhood full of trust-fund babies and find designer clothes or high-end electronics that are still have the tags or packaging because they bought the newer one before they used the "older" one that they threw away.
It's mind-blowing how rich and how comfortable they are just wasting money.
Obviously not every trust-fund baby is a terrible person but the life style some of them live and the complete security they have in life is something else.
Especially since I come from a small mostly lower-middle working class community in the Midwest.
I never interacted with the few rich kids there was because they went to different schools and churches and lived in completely different neighborhoods.
Having been in so many scenarios growing up and as an adult where I'm living paycheck to paycheck did not prepare me for some of the wealth here in Denver or Colorado as a whole.
Very interesting episode and you keep creating content that brings together people from completing different communities and backgrounds to learn from each other while giving us an opportunity to learn.
@Cut thanks for the amazing work and content.
Five points?
they prefer to be out of touch, if they faced realities then they might actually feel like they should do something to help others. lol!
Also in Denver. It’s wild out here
People throwing away good working electronics is crazy, could've sold it to get some if not most of their money back.
@@smoothmusic4340Elyria-Swansea.
Unfortunately Five Points is pretty much at the end of the gentrification process by now.
There was a White owned coffee shop in Five Points that actually said "Happily Gentrifying For 7 Years."
It's truly disgusting.
I loved that they all started out ready to hate the rich people and yet they became friends in thr end. This was nice.
The only one i would consider a trust fund kid is the one from Venezuela. The rest are just well off id say barely rich. They can buy like 1 nice house in a good area.
Agreed. The one said her trust was $750k-1 million. Yes, that’s a good amount of money, but def not rich.
What that's like 10-15 years worth of good pay. They can finance that house and work like any job and never run out of money. It's definitely a trust fund baby
To rich people, 1 million is pocket change. Which I know is crazy to imagine but that’s how it is.
I disagree tbh. My granda died when I was 11 and left all his money to me, my brother and our two cousins from that side: ended up at about £30k when I got access to it when I was 18. I'd consider myself a "trust fund kid".
With that money I was able to put a deposit down on a flat and entered adult life with a financial safety net. That's a massive leg-up compared to what the majority of people get.
People saying "$750k -- 1 mil isn't rich"... what planet are you on?
@@etilque are u slow? thats 1M for existing, the family could have other assets and connections that she can inherit...talking about some "def not rich" does your family have the means to give you 750k off the bat?
The Venezuelan one comes from corruption :)
I mean an engineer from Venezuela generational wealth and bodyguards all the time. Something doesn't add up😂
The engineer was from Brazil. Beyond a vague mention of “generational wealth” and “government” the one who moved from Venezuela didn’t really elaborate on the source of wealth.
I wished they asked a question to the wealthy folks about whether they have any plans to use the wealth they inherited to give back and do good. It doesn't seem like any of them had that mindset or perspective but asking a question like that might plant the seed that they can do something positive with their inheritance, to help dismantle the systems that contribute to such vast wealth inequality.
especially venezuelan lady. she’s got a lot of work to do in this lifetime to right her family’s wrongs but doubt that'll happen
The one with 750k-1mil trust fund will be able to buy herself a house. It’s not a huge amount of money whatsoever to be ‘helping people’ with
@@bootsdooown Is that her direct responsibility? She can do right for herself, but I am not sure her or her children need to "repent" for things she didn't do herself.
Why do you say "doesn't seem like any of them had that mindset" How can you tell?
@@chelsmeister she’s still directly benefiting and until she’s not anymore it is her responsibility
government of Venezuela money could be red flag
Definitely is
i was asked if i hate rich people, i would have said yes. i wish i had that kind of money and privilege where i don't need to worry about the future and my survival. they're the lucky ones. money really does buy happiness for a lot of privileged people.
It does. It provides them with so much mental stability too, not just financial. A lot of people that disagree with the less fortunate folk really have no clue what it is like to be poor or homeless.
But i also personally think that yes money does certainly buy happiness, but it more so provides opportunity that then provides happiness. Because even these awfully rich people can have a terrible life, whether that's mental health problems etc.
I bought a jumpsuit the other day with money i had been saving for a long time, i didn't intend to use this saved money for this, but I've been going through a very tough period so i treated myself. I was so incredibly happy for the day, but that doesn't fix my problems.
I very much hate rich people, always have and always will. The world is unjust.
Not me thinking the the trust fund kids would give the minimum wage people some money after lol
We can only hope? lol
Hahahaha you guys believe they would give them money 😂😂 rich people never give a shit to anyone
@@meganod279clown comment
the very position of being rich is to be selfish, to hoard resources that people are dying without every day
the very position of being rich is to be selfish, to hoard resources that people are dying without every day
This was actually very wholesome and touching for me to watch since i´ve kinda experienced both sides of the spectrum. I grew up in a relatively poor family, even though to be fair, not as bad as the one girl sleeping in cars and stuff. During my childhood I´ve at least always had a roof and basic needs like enough food which i´m greatful for but my parents had a farm which wasn´t going to great and I´ve had to work there since i was like 5 years old basically and we still couln´t afford more than these basic need. Yet still, at least that. Then, due to some issues of and with my parents, they threw my out of the house while i was still going to highschool without paying me anything to afford basic life expenses. So i was living with friends and later in a 7 square feet room in a dirty flat while still finishing high school and only eating like rice for the remaining 3-4 months of high school. After that I´ve started studying at university, financing myself with minimum wage jobs. Still very hard times with little money and little free time simultaneously but definietly way better than before. A few years later, I´ve earned a very good degree and a job which pays like way more than i would actually need. At the same time over these years I´ve reconciled with my parents while at the same time my fathers farm was getting wayway better and he even made some decent money through some good investments. So, like 10 years after hitting rock bottom, not knowing how to pay for rent and food regularly, I am in a situation where I earn a lot of money myself and am even lucky at the same time that i will likely inherit a little fortune from my father at some point, having another security net if i would lose my income - extremely fortunate situation for me. And i can now relate to the "rich kids" too that i feel almost somewhat guilty for that since I know that the majority of people are not as fortunate and I know how it feels to live in the uncertainty of not knowing how to finance my basic needs next month.
All the best to all of them
Yeah I get that (somewhat). I grew up poor but not struggling as much as your family but I was teased at school Because had nothing to eat at break time unless I did homeschool work at home (though I went to state school full time) to earn pocket money to buy snacks from the school tuck shop. I usually had to work for food (but not lunch). But we had a car and went for outings on weekends.
At uni the rent suddenly increased in my city so I could no longer live there and had to commute 4 hours a day. I worked fir minimum wage but not as a necessity, just to pay for things I wanted. I was at uni with old money and aristocrats, only a few people on my course didn't go to an expensive private school. My friends were girls who went to cheap no-name private schools. Only a couple of other people were state schooled.
My second degree I was around billionaires mostly from developing countries and a couple told me to take cocaine to get through trauma which will me ake me happier and therefore sleep better, (though not sure about that as coke is a stimulant, but they meant longer term). I said I'd probably get addicted BC I have adductive personaliyy and they told me, and at other times my friend, that it's okay to be addicted to cocaine because rehab is only 60k GBP or not even 100k USD! So we should just let out parents know if we're addicted! When I said I couldn't just tell my parents I am addicted to drugs and need rehab because the situation is more complicated than that, they thought I didn't have a close relationship with them and said I can just use my trust fund to pay for rehab and they won't know. Or just charge the rehab to their account and they won't notice 🤣 like botch that card will decline or else my parents will be 60k in debt 😭🤣
Now my mum is rich but I'm still broke as I haven't found a full time permanent degree level job. I expect to be rich in future from trading and the stock market as well as other things I'm trying. So I get that perspective from both sides, though not as intensely as you since I wasn't thrown out of the house.
This video was so great. I’m glad ai came across it and related so much to the woman with the straight blonde hair who is from Mexico. I’m glad she was there to share her very helpful and relatable story❤
Honestly I’d like to see some more projects from this channel that seem like they took LOTS of effort to gather people for. Sometimes I feel like this channel has so much more potential than what it’s currently giving.
Personally I think this channel puts the world a lot into perspective, well, at least a western perspective. It shows how different individuals are, how there are stereotypes, judgements, beliefs etc. I don't know if that makes sense but yk. This channel makes me think deep about life because there are so many people living different lives and also experiencing the same lives as I and that's quite freaky.
Imagine an experiment in which you give people food. Hope you’re into that.
"probably $80 bucks"
"Wow, I would be freaking out"
GIRLY
Right!?!? like the other girl is prob freaking out a little bit inside a lot. You don't need to tell her lol
Ik I was so appalled when I heard that and the faves she was making just made me feel so bad for the other lady.
She said it in such a pitiful way I hated that
This is why we need financial education in our school system
@@leoali1661she was telling her the truth
They should have asked the rich people what they have done to deserve their money like they asked the poor people why they were poor. That part was pretty awkward
Can we have “nibble the rich”-shirts, Cut? And homie gets 10% or something?
I want to know how deep the woman from Venezuela's family were in the government, because their government definitely made officials richer through corruption while the majority of the country had to deal with poverty.
As a Venezuelan, generational wealth and being involved in the government don't go together.
$750k is trust fund baby? Lol. $750k is $22,500 per year at 3% withdrawal rate. Good luck living well off $22,500 per year. Better than nothing but not living that Lamborghini life!
To be fair in this economy it’s a good back up. I’m assuming unless the trust had millions they would still be working. This is assuming you wouldn’t need to take from it to survive just for emergencies.
I disagree tbh. My granda died when I was 11 and left all his money to me, my brother and our two cousins from that side: ended up at about £30k when I got access to it when I was 18. I'd consider myself a "trust fund kid".
With that money I was able to put a deposit down on a flat and entered adult life with a financial safety net. That's a massive leg-up compared to what the majority of people get.
@@katy3901absolutely it’s a massive leg up and better than nothing but this person acts like they have $10 million the way they talk about it
This made me cry . Thank You to whoever made this happen .
I love Cut so much because it allows me to see a glimpse into so many different peoples lives.
As a Venezuelan, I need the name of that venezuelan woman. My country is so full of corruption I'm almost sure her family is connected to it somehow.
Yup