who could've guessed the guy saying "the stock market is up and people are still spending money so economy is good" was a bot. comments deleted for spam lmao.
According to the U.S. government jobs are plentiful and the economy couldn’t be in a better position. Well if credit card debt and loan defaults are at record highs that clearly signifies that wages are too low to keep up with the inflated cost of living. Many companies now are offering lower wages, less promotions, requiring relocation at your own expense and work from home is going away. Corporate greed is at an all time high. So the news can report whatever they want but the truth cannot be hidden forever. Something larger is going on and this administration is failing in tremendous ways!
@@conquistador2 The difference is that Biden can only afford $400,000 homes because he stole it with his entire criminal family with his dealings with enemy countries. Biden/Gallows 2024.
I have 10 credit cards and I swipe every week.... When I'm out I just love swiping all these cards.... I don't have to spend my own money..... Credit cards have made people feel rich.... I maxed out my "Bank of America" card and 2 Capital One cards..... I'm at 10k in credit card debt right now..... I been swiping since 2022..... I have so many cravings for thing
@@Songsfromaroom😂😂😂😂😂 everyone paying more to have less n work harder every city is worse average American household spending an extra 20,000$ a year since crazy joe took office
Run up debt and file Bankruptcy. Keep one card and use that to re-establish your Credit. In 10 years file Bankruptcy again. Supplement this with Shoplifting and it's a Win-Win.
Yep. Stay out of restaurants and stores and stop using the banks money. To me this is common sense ! And we drive older cars and just maintain them as best we can.
If you have cc debt, it’s your own fault for spending money you don’t have. It’s supposed to be treated like a debit card. Can’t go buying a $2000 tv, when you got $300 in the bank
This makes me laugh!!!! I live "below the poverty line"! Yet paid off my house, have 2 growing retirement sources I pay into And have a healthy savings account! Of course, I'm a Democrat! 😅
Inflation occurs because ppl are lazy and don't wanna work... instead they spend money or buy from foreign countries and that makes everything more expensive here...
@@angelachanelhuang1651 today in California... The minimum wage is $20. / hr. This creates disposable income* in California. Prices rise and consumers will have the mean💵
![แฉกลโกงงานวัด 2024 [ โกงมั้ยครับ ep.106 ] | DOM](http://i.ytimg.com/vi/taC5dpP3HXA/mqdefault.jpg)
![ประสบการณ์ จ้าง Developer ที่ผมจะไม่มีวันลืม [ภาค2]](http://i.ytimg.com/vi/pZbsSDRrmXA/mqdefault.jpg)
I had a Capital One card and the interest rate was 30% THIRTY PERCENT!!!! that's nuts! It's a total trap!
Your credit score must be very low.
Never; hold a capital one!!!!!!!
Never!!!!
The interest rates are higher than the monthly payment.
stay away from credit cards
Don’t get credit cards
Im just going to be grateful i dont have a balance..i learned the hard way in my 20s...
Simple answer : We Are In A Recession
@@Songsfromaroomup from COVID 😂 4 out of 5 working Americans have 2 jobs
@@Songsfromaroom keep drinking the kool-aid
@@Songsfromaroomwhen the market was good w trump you had excuses 17% is trash took 3 years to get there
who could've guessed the guy saying "the stock market is up and people are still spending money so economy is good" was a bot. comments deleted for spam lmao.
According to the U.S. government jobs are plentiful and the economy couldn’t be in a better position. Well if credit card debt and loan defaults are at record highs that clearly signifies that wages are too low to keep up with the inflated cost of living. Many companies now are offering lower wages, less promotions, requiring relocation at your own expense and work from home is going away. Corporate greed is at an all time high. So the news can report whatever they want but the truth cannot be hidden forever. Something larger is going on and this administration is failing in tremendous ways!
Reminder: Inflation doesn’t make things more expensive, it makes your money worth less
It does both
So live within your means!
And your money is worth less because things are more expensive.
You can't have one without the other.
Using credit for routine items such as food, higher rents gas, medications. Clothing prices higher too.
20% not 3.4 like the media says they strip out food n gas for that #
I would go without before ever using a credit card for food or anything else. Cash is king ! Owe nothing to nobody !
What’s gonna happen this all collapses? Mass homelessness, starvation and riots because people have nothing to lose
Who can afford a $ 400k home!
Biden can.
It's not the price it's the interest your premium will be like 800$ your interest a month will be 1,800$
@@superoldgamesaturday3277can Trump? Lol
@@conquistador2 The difference is that Biden can only afford $400,000 homes because he stole it with his entire criminal family with his dealings with enemy countries. Biden/Gallows 2024.
@@conquistador2tds get that looked at
When prices go up then you decrease your lifestyle, Not go into debt
What happens when hyper inflation happens? Live in a 50 sq feet closet?
That doesn’t work pal try again
@@thundrcat5596 I was wrong and owe you a humble apology
My credit balance is less then 200 dollars if you are not careful about how you use credit cards. You will be in a lifetime of debt
Yeah well ppl cant afford to live
Thanks to Biden.
@@superoldgamesaturday3277 Vote 2024
@@mimosahoney5617everyone did and we still got Biden
I have 10 credit cards and I swipe every week.... When I'm out I just love swiping all these cards.... I don't have to spend my own money..... Credit cards have made people feel rich.... I maxed out my "Bank of America" card and 2 Capital One cards..... I'm at 10k in credit card debt right now..... I been swiping since 2022..... I have so many cravings for thing
People need to eat and survive.
But putting food on credit cards is suicide ! Buying a $20 burger on credit and then paying interest on that just gets ya into more financial trouble
Average cc debt is 5.9k? That’s not bad at all. I was thinking it’s 15k+
Are these balance averages for credit cards or for credit card holders? Why can't people be clear when reporting these statistics?
BIDEN IS WHY!!!!
@@Songsfromaroom😂😂😂😂😂 everyone paying more to have less n work harder every city is worse average American household spending an extra 20,000$ a year since crazy joe took office
@@B86432
Democrat run cities.
Run up debt and file Bankruptcy. Keep one card and use that to re-establish your Credit. In 10 years file Bankruptcy again. Supplement this with Shoplifting and it's a Win-Win.
Interest rates were high and savings were attractive. Why do you spend it? It's your responsibility 😂😂😂
Yep. Stay out of restaurants and stores and stop using the banks money. To me this is common sense ! And we drive older cars and just maintain them as best we can.
Yes, the underlying problem is principally lack of self discipline.
This is the worse thing you can do to yourself.
Why not, if inflation keeps running hot it’s basically free money
If you have cc debt, it’s your own fault for spending money you don’t have. It’s supposed to be treated like a debit card. Can’t go buying a $2000 tv, when you got $300 in the bank
It’s. Not. Free. Money.
This makes me laugh!!!! I live "below the poverty line"! Yet paid off my house, have 2 growing retirement sources I pay into And have a healthy savings account! Of course, I'm a Democrat! 😅
Here's why:
What?
Biden sure does a great job with the economy...
Bidenomics
Inflation occurs because ppl are lazy and don't wanna work... instead they spend money or buy from foreign countries and that makes everything more expensive here...
My neighbor last night was complaining about the cost of things. He has no problem buying cigarettes and eating out all the time.
people's republic
In Perspective :
> 1 T 💵 in 💳 debt.
> 9 M job💵 available
What did we 🇺🇲 expect......? 🤔
it sucks right now
@@angelachanelhuang1651 today in California... The minimum wage is $20.
/ hr. This creates disposable income* in
California. Prices rise and consumers will have the mean💵
YOLO
Who's care? Zelensky needs other $60 billion now 😎
😂😂😂
Found the clown.
Because Biden.
Bidenomics ⛽🛢️🔌💡🛒
end trafficking of all which includes rape NOT Temporarily, FOREVER ™️®©🪧