[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]

/biz/ - Business & Finance

View post   
File: 86 KB, 720x499, Screenshot_20240101-072821-387.png [View same] [iqdb] [saucenao] [google]
57148100 No.57148100 [Reply] [Original]

How fucked up is your financial situation?
>Michael, 33, from Richmond, Virginia, finds himself in this uncomfortable position. On an episode of personal finance YouTuber Caleb Hammer’s show “Financial Audit,” Michael admits he has at least $62,815 in total debt and an outstanding tax bill that’s yet to be paid
>The average amount of debt per American is roughly $60,000 as of the third quarter of 2023, according to the Federal Reserve Bank of New York. That means Michael’s debt isn’t unusually high.
>He also recommends setting aside a portion of earnings for taxes.
>“You don’t want [owed taxes] to turn into future debt, and the IRS is not someone to f— with,” Hammer said

>> No.57148105

>>57148100
What is wrong with people

>> No.57148153

>>57148105
The average person is a mongoloid
The Jewish predatory credit industry was built on this

>> No.57148157

>>57148153
How did we manage to make it this far as a race. I can’t wait for the next civilization reset. We will never leave this planet

>> No.57148166

How do you not remember your purchases? I can see not knowing exactly how much you spent food shopping, but bestbuy?

>> No.57148181

>>57148105
American systems are designed to financially enslave and extract labor from its people. From the moment working class babies are born they are bombarded with media, music, imagery, and education designed to make them the most effective workers they can be for the machine. Financial education is only for the elite. The single easiest equation to understanding the entire American financial situation is [Debt = Slavery] . This was common knowledge just 80 years ago, but the Silent Generation stood by (silently lol) while the Boomers normalized debt slavery in the name of labor raping the lower and middle classes. It's a beautifully crafted system when you look at it objectively, given that outright slavery was abolished and there needed to be something to take it's place. Human nature is a bitch huh.

>> No.57148191

>>57148105
Credit is cheap and easily accessible

>> No.57148201

>>57148153
polcucks whining about jews same as niggers whining about whites. Be responsible for your own shit

>> No.57148216

>>57148157
desu this guy sounds like your average /biz/ debt max faggot

>> No.57148243

>>57148166
he prolly drinks a lot too

>> No.57148899

>>57148201
Niggers whine about Whites under the impression that they're all the same thing as jews.

>> No.57148935

>>57148100
I too lost a recent $742 purchase in a terrible boating accident.

>> No.57148937

>>57148201
post nose

>> No.57149029

>>57148166
Pretty sure I lost a few $300+ on 0dtes that I’ve completely forgotten about but have yet to get taxed on

>> No.57149041

>>57148100
Caleb Hammer is a faggy Dave Ramsay rip-off for zoomers

>> No.57149048

>>57148100
We need a celeb hammer general or for some anon to set up a livestream of him playing his shit 24/7 that we can all hop onto. Kinda like how pol use to have cops livestream threads.

>> No.57149072

>>57148100
Financial Audit has had a redditor already, now we need a /biz/ chud to step up.

>> No.57149948

>>57148181
I mean, sure, but government has always been this way. The use of debt furthers that bonding to the state, certainly, but it is by no means unique to "America". And for how much we can complain about it, the standard of living for middle class americans is among the highest in the world, despite being "slaves".

>> No.57149966

>>57148153
People don't understand that slavery never went away.

>> No.57150067

>>57149966
Is it really slavery if it's self-imposed though? Just how hard is it to maximize income, minimize expenses, and invest the rest?

>> No.57150091
File: 22 KB, 277x340, index (2).jpg [View same] [iqdb] [saucenao] [google]
57150091

>>57148100
If you're living paycheck to paycheck and need financial advice read this book - it's the Red Pill for money.

I paid of $16,500 using Dave's plan - out of debt and never going back.

>> No.57150101

>>57149029
See but that's gambling. There's no way I remember all of the money I've wasted on leverage or shitcoins because that's under my crypto gambling umbrella and I've made so much money it's a moot point. I've never accidentally bought a fucking TV lmao

>> No.57150122

>>57150091
You needed a book to tell you to stop spending money on stupid shit you don’t need?

>> No.57150144

>>57150122
Yep. Financial literacy should be taught in schools but the time is used for woke brainwashing.

>> No.57150214

>>57150144
Hey buddy cool it with the antisemitism please

>> No.57150357

>>57148181
Debt is a tool, it is when one uses debts on liabilities over assets that one loses. If done correctly, your debts turn into assets and cash flows. Debt is also great in an inflationary context for businesses as the dollar amount remains but the company can charge more dollars for the same goods and services.

tl;dr, stop using good goy debt and use the system to get assets, before it's too late.

>> No.57151153

>>57148181
1865-1965 was truly the last golden age of this humanity cycle

>> No.57151201

>>57148181
I'm going to produce a very good counter argument here.

The average person has so much USELESS SHIT these days in comparison. Like all these so called "poor people" have computers, 4 monitors, 2 tvs, 1-2 cars, multiple sets of headphones, multiple phones, printers, 50 pairs of shoes, 100 types of shirts and pants, 20 different knives, dishwashers, washers, endless food supply of every type (hence 60% obesity rates), 3 trillion hygeine products. They get shit delivered to their front door.......

And I can really go on forever. But... it's never enough. They just NEED MORE. More material goods + more convenience.
People in western states (particularly the USA) live life on LITERAL EASY MODE. They can have ANYTHING they want even on basic salaries. If you grind and get an OP job, you basically have everything in your hands.

>> No.57152002

>>57151201
You can make the same exact argument for a caged animal at a zoo. Except in this case the system is profiting off your labor, not your mere existence as an animal in a zoo. All of those amenities you listed are concessions for submitting your labor to the system. It's easymode for many, but so was slavery. Pick some cotton. Get a roof and meals. Just don't complain when it comes time for master to make his decision to take you out back.

>> No.57152012

>>57148105
Everyone else is living it up while they're young and handsome while /biz/ and /fit/ fantasize about being that one 50yo millionaire who wants to live forever through blood transfusions or whatever and bang 18yo gen Alpha girls in 10 years.

>> No.57152027

>>57151201
>people aren't poor because they're 63,000 in debt from buying shit they can't afford
Interesting argument.

>> No.57152479

>>57148201
niggers whine about whitey because the kike media teaches them that.

the pendulum is swinging so fucking hard back on you kikes that you will be wiped out this time.

>> No.57152505

>>57150091
This copypasta is in every thread. Buy an ad.