"Smart" Financial Decisions Create Deadbeats in their 20s

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  • เผยแพร่เมื่อ 11 ธ.ค. 2024

ความคิดเห็น • 40

  • @AndrasSulaiman
    @AndrasSulaiman 7 หลายเดือนก่อน +21

    The part about falling into complacency after avoiding risk is absolutely accurate.

  • @interaktek
    @interaktek 7 หลายเดือนก่อน +15

    As a high school senior just figuring out the importance of living life, this came at the right time. Your video is gas. Never give up 💪🏿

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +2

      Thank you! And best of luck heading out into the broader world! The fact that you're thinking about it now means you'll likely end up doing well for yourself if you just keep taking next steps.

    • @interaktek
      @interaktek 7 หลายเดือนก่อน +1

      ​@@UrgentlyFiring Which next steps do you mean exactly? Like seeking out people and opportunities in all the different circles of life?

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +1

      @@interaktek Anything really! Just taking next steps towards creating the life, career, or personal situation(s) that you want.

    • @interaktek
      @interaktek 7 หลายเดือนก่อน

      @@UrgentlyFiring thank you!

  • @nMM456
    @nMM456 7 หลายเดือนก่อน +9

    I know quite a few people who've had this happen to them. I graduate in two weeks and I'm super glad I was able to get out of this pitfall while still in school. 100% the biggest thing that helped me was getting an apartment near campus instead of commuting, and getting a part time job on campus to pay for things myself. It gave me more confidence in myself and I now have a full time job starting this summer. Unfortunately, I think this is super common at my school since it's an expensive private university.

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +3

      It's awesome that you've been able to escape the trap!
      That autonomy makes a world of difference for people. And it's sad to watch potential go to waste in folks who were never given the chance to learn, struggle, and develop into a more confident and capable adult.

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +1

      And congrats on your upcoming graduation!

  • @PaladinLeeroy42069
    @PaladinLeeroy42069 7 หลายเดือนก่อน +5

    True that exceptional people will succeed no matter what path they choose, but telling someone they’ll be better off in the future if they take out loans for out of state tuition to get a degree that probably isn’t even required to get into whatever field they’re interested in sounds like a great strategy to make someone even more miserable

  • @neon_wombat
    @neon_wombat 7 หลายเดือนก่อน +5

    Wish I saw this 8 years ago haha, so much truth here

  • @themeeseman6950
    @themeeseman6950 7 หลายเดือนก่อน

    Love this video! This has been my experience as well as someone about to graduate with their undergrad degree in Chemistry. You are right on with needing to get out of comfort zone and take risks. When I started doing that I progressed massively.

  • @gmenezesdea
    @gmenezesdea 9 วันที่ผ่านมา

    "It is possible to make no mistakes and still fail. That is not a weakness, that is life." - Picard in some TNG episode

  • @kendidavis4348
    @kendidavis4348 7 หลายเดือนก่อน +4

    Your channel deserves more subscribers

  • @nicokelly6453
    @nicokelly6453 7 หลายเดือนก่อน +4

    Avoiding debt ≠ your parents paying for everything. I think it’s a mistake to correlate those. I went to community college then transferred to a cheap public university. In both of these schools it’s been very common for students to work while in school and to be low income enough to qualify for the full Pell grant. Very few of these students are getting their tuition paid for by their parents, but they may still live at home and avoid/lessen debt because these are cheap commute schools.
    It sounds like you’re wanting to address people who are used to getting everything paid for them, but you’re completely missing the demographic that does this because their family is poor and the cost of living is extra shit for students.

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +2

      It's true! The inner-city/commuter college paradigm is a totally different game. I was in an isolated college town for undergrad and then went to a campus surrounded by skyscrapers for my masters. TOTALLY different intersections of privilege going on at those two schools.
      I grew up in rural poverty so the option of staying at home simply didn't exist for anyone who wanted a better life for themselves. But now I work and teach at a school where many students are from rich families - and it's easy to watch those students fall into depression, addiction, and just general complacency because mom and dad pay for, and therefore control, every facet of their life.
      It's not realistic to cover every situation in a single TH-cam video, but there are absolutely good reasons to live at home, arbitrage tuition, or do anything else that makes financial sense when acquiring independence and motivation aren't an issue for you.

  • @thezachschmidt
    @thezachschmidt 7 หลายเดือนก่อน +3

    Here before this channel blows up. I remember when this Channel was called Trouty

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +2

      Thank you!!! And yeah, I figured it should have a name that means literally anything related to what I talk about 😅

    • @thezachschmidt
      @thezachschmidt 7 หลายเดือนก่อน

      @@UrgentlyFiring hahah love the rebrand! I appreciate the videos

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +1

      @@thezachschmidt Haha Thank you! I appreciate that!

  • @SmithyJones3
    @SmithyJones3 4 หลายเดือนก่อน +1

    I disagree that living at home to save money makes you depressed and dependent on your parents.
    After university, I stayed at home while working a programming job nearby to save money. I was able to have friends and live a good life while paying for all my own stuff. I moved out when I was nearly 30 because I had to travel to the other side of my country for work, but I wouldn't have been able to pursue that opportunity without the money saved while living at home.

  • @cookingwithsilence
    @cookingwithsilence 7 หลายเดือนก่อน +6

    I'm in my thirties and barely putting myself through school and I'm studying writing and literature with some history and nutrition thrown in. It's so strange, what I'm doing with my life right now makes me feel so free, and that's something I haven't felt since I entered the workforce as a teenager, but I had to stop sharing with other people because 90% of them only respond with things that make me feel this immense doubt. If I graduate and stay poor, then what have I lost? The only plan was to get through school, so the only way for me to fail is to doubt what I'm learning. People would have me believe it is not crucial for my freedom and survival, but I feel like my life depends on it.

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน

      Thank you for sharing that! The only person who can define success for us is ourselves. Best of luck moving forward!

    • @cookingwithsilence
      @cookingwithsilence 7 หลายเดือนก่อน +1

      @@UrgentlyFiring oh yeah, sorry I didn't exactly tie it into your video properly, but I watched the whole thing. Just know, that many of these people's parents are also vacationing in displaced lives by offering up the same pressures and judgment. I can't tell you how many social workers have told me to switch to cybersecurity, and I'm like, "okay I'll stop sharing about this". So this is really helpful content to see because hearing that stuff is sooooo discouraging.

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน +2

      @@cookingwithsilence I COMPLETELY get it. Everyone has an opinion on what we should be doing with our lives and what path is going to be the most "optimized" for money, happiness, etc.
      It's important for us to figure out how to push through all of that noise so that we can do what's best for us. EVEN if what's best for us will require a lot of time and mistakes. We'll ultimately be better off for it in the end.

  • @kml.
    @kml. 7 หลายเดือนก่อน +2

    at first i wanted to disagree, but towards the end i started to agree. i chose a career in something no one recommended, but i thought was cool. i paid $1100 month to live in a shitty studio apartment while barely making minimum wage at an internship in a high cost of living city. and i definitely did not only focus on school. and all of that does make you more well rounded, gives you life experience, and makes you better equipped for the real world. so yea this video is pretty much spot on.

  • @AznCracker13
    @AznCracker13 7 หลายเดือนก่อน

    With all the AI generated bs on YT nowadays, your videos are not only informational, but a breadth of fresh air. Thanks for doing what you do!

    • @UrgentlyFiring
      @UrgentlyFiring  7 หลายเดือนก่อน

      Thank you! That means a lot!

  • @Jacob.Boulus.Coaching
    @Jacob.Boulus.Coaching 20 วันที่ผ่านมา

    This is awesome advice!

    • @Jacob.Boulus.Coaching
      @Jacob.Boulus.Coaching 20 วันที่ผ่านมา

      Exceptional! Thank you so much for this video UF!

  • @TakeWalker
    @TakeWalker วันที่ผ่านมา

    what do when you're in your 40s after a life spent having done all of the above? asking for a friend

  • @anomie1000
    @anomie1000 5 หลายเดือนก่อน

    this is a very interesting and insightful take on being a gifted kid haha

    • @UrgentlyFiring
      @UrgentlyFiring  5 หลายเดือนก่อน

      Thank you! I appreciate that!

  • @QoraxAudio
    @QoraxAudio 7 หลายเดือนก่อน

    All I know for sure is that shit is random:
    Planning out your future does not make any sense, just do whatever seems right and hope for the best.
    I mean, I got my degree and worked for a few years in order to start my own business.
    My startup ran very well for the first 2 years, but then covid happened and the government decided that I deserved a full reset for no good reason.
    Basically 10 years gone, wasted, in vein.
    Despite making "smart" decisions.
    Oh and btw, what this video mostly seems to imply, without actually saying it, is: rich parents kids are spoiled lazy brats.
    Couldn't agree more.