Why Millennials & Gen Z are Broke | The Poorest Generations

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  • เผยแพร่เมื่อ 18 พ.ย. 2024

ความคิดเห็น • 42

  • @SharidaM
    @SharidaM หลายเดือนก่อน +3

    Watching this one again. Really am enjoying this background too.

  • @xp41n31
    @xp41n31 หลายเดือนก่อน +7

    crazy how much education costs in the US. Im paying for a Semester (6months) about 270€ in germany. Ticket for busses and trains included in that.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +2

      It's really eye-opening to see the differences in education costs around the world. Your experience in Germany sounds much more affordable! Thank you so much for tuning in!

  • @imaniiguess9760
    @imaniiguess9760 หลายเดือนก่อน +4

    Good video Rashyyyy!!! ❤

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +2

      Thanks for tuning in Imani! I’m so happy you are here with us all!

  • @briancrisp528
    @briancrisp528 หลายเดือนก่อน +4

    Great video sis 👍🏽. Sharida sent me here too 😂

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +1

      I'm so grateful for your support! Thank you for joining us, and a big shoutout to Sharida lol!

  • @hustensaftvernichter3785
    @hustensaftvernichter3785 หลายเดือนก่อน +4

    Let's not act like it wasn't for many of them choosing to squander every little penny on little (or not so little) nothings.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +3

      It's definitely interesting to see how people prioritize their spending. Everyone has their own way of enjoying their hard-earned money!

  • @LeoBibbs-v6h
    @LeoBibbs-v6h หลายเดือนก่อน +5

    Great job my friend ! U the Rachel Maddow of finance!!

  • @mameafrane1725
    @mameafrane1725 หลายเดือนก่อน +3

    Sharida sent me here. And to see y’all twins, I am here. Let’s go

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +1

      Welcome to the channel! Thank you so much for checking me out. I hear you come from a long line twins ❤️❤️

    • @mameafrane1725
      @mameafrane1725 หลายเดือนก่อน

      @@RashidaHerbersMoneyyes! Girl. 😂. I love it!

  • @jon6309
    @jon6309 หลายเดือนก่อน +5

    Millennial here age 33. Was able to save a little over $300k in cash outside of my retirement accounts because I live with my parents . I always joke that “I’m a broke bloke!” Lol. 😂

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +4

      So you’re living the “cash is king” lifestyle while mastering the art of parental housing? That’s next-level budgeting! 👑💰

    • @jon6309
      @jon6309 หลายเดือนก่อน

      @@RashidaHerbersMoney lol. When I was in my early 20s, financial advisors told me to take a lot of risks because I could afford it with my age and time horizon. I honestly didn’t know what I was doing at the time and was very arrogant that I knew a lot about stocks. All it took was one big mistake and I lost a fortune in a blink of an eye. Since then I’ve been very conservative with money and have never touched the stock market or investing and just saved cash. I was surprised that without the help of investing I was able to accumulate over $300k and be debt free at the same time. I don’t get paid very well either. Right now I’m taking advantage of the high money market yields and I get around $1,200-$1,300 a month in interest which I see as supplement income. I’ve read a lot of books about investing and what is more appropriate for me. I am planning to slowly go back into investing with a more solid plan with mitigating unnecessary risk. I am also eyeing on higher paying jobs and may apply to them with the experience I got from my job which is stagnant at this point. My parents were kind of well off so they own several properties mortgage free. They do not work because the income from the rents they get is enough for their essential and living expenses but once in awhile I will help them out when large unexpected expenses such as repairs for their properties prop up and they don’t have enough cash to cover for it.

  • @TheOblivionMemeGuy
    @TheOblivionMemeGuy หลายเดือนก่อน +5

    great video

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +2

      Thank you! I really appreciate you saying that.

  • @ayanapmoore6890
    @ayanapmoore6890 หลายเดือนก่อน +4

    Go sis!!! 🎉

  • @Mimicali-4
    @Mimicali-4 หลายเดือนก่อน +4

    Sharida sent me here…❤❤❤❤

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +1

      Welcome in!!! Thank you for taking the time to check me out!

  • @AmberCorbett-l2i
    @AmberCorbett-l2i หลายเดือนก่อน +3

    😊

  • @duckduckchini
    @duckduckchini 12 วันที่ผ่านมา +1

    Hell yea, this hit home.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  11 วันที่ผ่านมา +1

      I'm glad to hear that! It’s always rewarding when something resonates with you.

  • @elizabethherbers5353
    @elizabethherbers5353 หลายเดือนก่อน +2

    Was looking for my baby at the end!!

  • @rosedesulme9870
    @rosedesulme9870 หลายเดือนก่อน +4

    😊😊😊

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +1

      I really appreciate you tuning in @rosedesulme9870! Please subscribe to the channel if you haven't already. I can't wait to share more with ya :)

  • @SharidaM
    @SharidaM หลายเดือนก่อน +3

    Watching again with my cakes.

  • @elizabethherbers5353
    @elizabethherbers5353 หลายเดือนก่อน +2

    🥸🤓

  • @clifflodriguss122
    @clifflodriguss122 หลายเดือนก่อน +3

    Vote for Trump.

    • @RashidaHerbersMoney
      @RashidaHerbersMoney  หลายเดือนก่อน +2

      Exercise your right! How do you think he will help?

    • @clifflodriguss122
      @clifflodriguss122 หลายเดือนก่อน

      @@RashidaHerbersMoney the state of the economy was significantly better under Trump. For all his negative traits I definitely had more money under the orange man. I just think the democrats economic plan has proven it doesn’t work over the last four years.

  • @SharidaMoore-m3d
    @SharidaMoore-m3d หลายเดือนก่อน +3