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Poll: Do you live paycheck to paycheck?
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40% of Americans are living paycheck to paycheck
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BaatumMania Offline
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Post: #201
RE: 40% of Americans are living paycheck to paycheck
Or the article I posted earlier that said 69% of adults have less than $1,000 in the bank.

I mean sure one could argue: "they must have it in their house's equity and/or retirement ETF" but that doesn't justify having almost no money in a checking account. There's a lot of small emergencies out there that can cost up to $1,500 (such as buying a replacement gaming laptop or someone slashes your car tires or you need an emergency root canal at the Dentist).
01-13-2019 06:56 AM
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lunchmoney Offline
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Post: #202
RE: 40% of Americans are living paycheck to paycheck
(01-12-2019 08:24 AM)Thomas Jackson Wrote:  
(01-11-2019 10:45 AM)tugofpeace Wrote:  People spend like morons. Its as simple as that.

Coffee every day, eating out, buying drinks at the bar, this stuff alone can easily cost $500+ a month that could be saved.

Then you have idiots who travel and blow thousands a year on flights/hotels/experiences.

Then there’s people who buy ridiculously expensive clothes at msrp.

Then there’s expensive cars, houses, etc.. doesn’t surprise me one bit.

I make $100k (single) and pocket about $2k/month living in a downtown chicago highrise. This is after taxes, insurance, and 401k.


The millennial obsession with traveling is definitely out of hand (especially for women). It's great if you can afford it, but doing an international trip every year when you make 70k is pretty dumb. Retirement isn't even going to be possible for the majority of this age cohort.

Over the holidays I tried to reason with a younger family member this point. He makes 65-75k a year right out of school, and has traveled out of the country more than I have in the past 2 years. He was complaining about how broke he was smh.
01-13-2019 07:21 AM
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BaatumMania Offline
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Post: #203
RE: 40% of Americans are living paycheck to paycheck
The biggest expense in traveling is the airfare and then nightly rates. I agree the standard office drone vacation can be super expensive like excess of $5,000 per trip.

When you stay long term, avoid flying and pay monthly rates on housing then it becomes pretty good. Sometimes my monthly spending goes down to $900 (according to my online banking which has a month-to-month breakdown) and that's including eating out every night (Taiwan has a lot of these $3 street cafes).
(This post was last modified: 01-13-2019 08:05 AM by BaatumMania.)
01-13-2019 08:04 AM
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mr-ed209 Offline
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Post: #204
RE: 40% of Americans are living paycheck to paycheck
I think the availability of easy credit has the most to do with driving up the price of shit more than any other single factor. The market crash of 2008 was indicative of that. House prices in the UK, for example, are inflated beyond all belief. The difference between property costing £100 - £130k and something at £250k can be often negligible; yet people are willing to pay 150% over the odds just to have a new build on a flash estate. People are mortgaged up the eyeballs.

Cars also seems to be a relatively recent phenomenon. I remember growing up; the luxury germans (Mercedes, BMW) were scarce; reserved for the doctor types and factory owners. Nowadays they're so common that they're barely even a status symbol anymore. Again, they're on finance payments that people can barely afford.

However, the worst thing about all this is not that those foolish enough to pay over the odds have to suffer. The commutative effect of all this 'imaginary money' flowing around is driving up the cost for those who are not inclined to buying for status. Basic house prices and budget cars are more expensive than ever - way more than straightforward inflation could account for.

Nowadays, you're damned if you do, you're damned if you don't.
01-13-2019 11:27 AM
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BaatumMania Offline
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Post: #205
RE: 40% of Americans are living paycheck to paycheck
Some say it's more expensive to be poor than to be rich. It seems like a contradictory idea but the concept is the very basic consumer goods must be replaced more often and the drop in quality doesn't justify the high base price.

Like the shoes I bought in a Turkish chain in Georgia are falling apart faster than the New Balance shoes I used to buy.

Or a $600,000 home versus a $1,800,000 home. In a lot of expensive countries that means 3 bedrooms versus 7 bedrooms w/ swimming pool and higher quality finishing (so the price is 3x more but the owner's satisification is probably 10x more than living in a borderline crackshack).
01-13-2019 12:14 PM
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Simeon_Strangelight Offline
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Post: #206
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 11:27 AM)mr-ed209 Wrote:  I think the availability of easy credit has the most to do with driving up the price of shit more than any other single factor. The market crash of 2008 was indicative of that. House prices in the UK, for example, are inflated beyond all belief. The difference between property costing £100 - £130k and something at £250k can be often negligible; yet people are willing to pay 150% over the odds just to have a new build on a flash estate. People are mortgaged up the eyeballs.

Cars also seems to be a relatively recent phenomenon. I remember growing up; the luxury germans (Mercedes, BMW) were scarce; reserved for the doctor types and factory owners. Nowadays they're so common that they're barely even a status symbol anymore. Again, they're on finance payments that people can barely afford.

However, the worst thing about all this is not that those foolish enough to pay over the odds have to suffer. The commutative effect of all this 'imaginary money' flowing around is driving up the cost for those who are not inclined to buying for status. Basic house prices and budget cars are more expensive than ever - way more than straightforward inflation could account for.

Nowadays, you're damned if you do, you're damned if you don't.

The real estate crisis of 2008 in the US was mostly a black and immigrant Latino phenomenon. In a 70% White America the majority of defaults were non-White! It was a simple Bush tool that said: "I'll buy you a house if you vote for me." That is why managed to win so many Latino votes despite being unpopular in the second term. And Obama helped then working for those groups who pushed for more de-regulation.

As for the debt rates - credit cards appeared for the average population only in the 1980s in the US because the net earnings then already did not rise. Women started to work more and there came easy credit, so it appeared as if Americans became richer, which was already not really the case. Now often both parents are working full-time even while having good jobs. Of course with the new generations both working won't mean jack shit since they won't be able to reach boomer living standards.

Also something similar happened to the UK, but starting sooner. One aspect of mass migration is also the result towards real estate prices and lack of affordability of rents. It's great for the moneyed classes since you can rent out your properties to immigrants and newcomers at record prices while the majority cannot even purchase real estate themselves if they are starting on zero. Of course - many of those rents are being paid by the same average Joe class who are subsidizing immigrants - regardless whether they happen to be in the US or Europe.

With limited or no migration unemployment rates would be higher and rents lower - the Yellow Vest protests in France and Europe as well as the calls for the wall are also strongly economic since the hitherto brainwashed NPCs are beginning to feel the full brunt of the agenda also in their wallets.

In addition you have cuts of all social welfare and even pension benefits all across the West at least if you are a local or White. Best is to be a "diverse" non-White non-Chinese immigrant. Especially if you are Muslim and have access to 2 18yo women that will demurely live in state-financed apartments that pop out countless kids. Those families sometimes get 10.000$ in Europe and the Somalis in the US also don't seem to be suffering any poverty. The welfare systems in the West prioritize them and are structured towards families which also help baby-popping - best of course being Muslim there.

Of course the guilty parties are not the incomers who are abusing the system, but the same elite who are calling you racist, misogynist, evil Trump supporter or deplorable.

I mentioned it in another thread - to the elite it's better to exist in a South American Dickensian economy. In those economies you don't have to pay a hot 19yo sugarbabe 150.000$ per year. You will be able to get ten 18yo girls for that price - just let them live in a big house and go there for the daily orgies. Your employees are giving you less lip and maybe they will be able to recreate those giant households like Downton Abbey with 5 butlers and chambermaids (those with benefits). The good old robber baron capitalism times will return.

And will the new gen revolt? Nah - they might make powerful weed cheaper and the VR porn and video game sets will take care of the rest.

Though whether this will end so smoothly remains to be seen. I read US military strategy papers where generals said to be ready to use mini-nukes on rioting US population in the next decades. The next town will be more quiet after another one was nuked from orbit.
01-13-2019 12:41 PM
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Post: #207
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 12:14 PM)BaatumMania Wrote:  Some say it's more expensive to be poor than to be rich. It seems like a contradictory idea but the concept is the very basic consumer goods must be replaced more often and the drop in quality doesn't justify the high base price.

Like the shoes I bought in a Turkish chain in Georgia are falling apart faster than the New Balance shoes I used to buy.

Or a $600,000 home versus a $1,800,000 home. In a lot of expensive countries that means 3 bedrooms versus 7 bedrooms w/ swimming pool and higher quality finishing (so the price is 3x more but the owner's satisification is probably 10x more than living in a borderline crackshack).

Yeah. Rich people are rich because, in many cases, they are extremely smart about making their money work for themselves. They squeeze bargains like we've never seen.

In other cases, they just get lucky. But "getting lucky" is also a skill that they practice.
01-13-2019 01:23 PM
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Post: #208
RE: 40% of Americans are living paycheck to paycheck
(01-07-2019 12:44 PM)Midwestmind Wrote:  I made 70k gross. I payed 34k in income taxes. So, you think after it’s all said and done with bills, car payment, insurance. Food, gas, etc there’s virtually nothing left. I also have no children, which hopefully I have that luxury one day.

It’s time to take this shit back goyims.

I'm finding your claim hard to believe. Was that 34K in taxes taken away from your paycheck or net taxes paid? I made about 35K more yet my tax bill is half yours.

(01-12-2019 08:24 AM)Thomas Jackson Wrote:  
(01-11-2019 10:45 AM)tugofpeace Wrote:  People spend like morons. Its as simple as that.

Coffee every day, eating out, buying drinks at the bar, this stuff alone can easily cost $500+ a month that could be saved.

Then you have idiots who travel and blow thousands a year on flights/hotels/experiences.

Then there’s people who buy ridiculously expensive clothes at msrp.

Then there’s expensive cars, houses, etc.. doesn’t surprise me one bit.

I make $100k (single) and pocket about $2k/month living in a downtown chicago highrise. This is after taxes, insurance, and 401k.


The millennial obsession with traveling is definitely out of hand (especially for women). It's great if you can afford it, but doing an international trip every year when you make 70k is pretty dumb. Retirement isn't even going to be possible for the majority of this age cohort.

Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.

(01-13-2019 01:23 PM)MrLemon Wrote:  
(01-13-2019 12:14 PM)BaatumMania Wrote:  Some say it's more expensive to be poor than to be rich. It seems like a contradictory idea but the concept is the very basic consumer goods must be replaced more often and the drop in quality doesn't justify the high base price.

Like the shoes I bought in a Turkish chain in Georgia are falling apart faster than the New Balance shoes I used to buy.

Or a $600,000 home versus a $1,800,000 home. In a lot of expensive countries that means 3 bedrooms versus 7 bedrooms w/ swimming pool and higher quality finishing (so the price is 3x more but the owner's satisification is probably 10x more than living in a borderline crackshack).

Yeah. Rich people are rich because, in many cases, they are extremely smart about making their money work for themselves. They squeeze bargains like we've never seen.

In other cases, they just get lucky. But "getting lucky" is also a skill that they practice.

You're forgetting that in "developing countries" a lot of these successful businessmen were successful because of their connections, influence, and backstabbing methods they used to get there. Before anyone starts with "muh...well in the west they do it toooo"....I'm referring to your cousin being a city official and helping you out eliminate the competition, or burning down competitors, or literally having them kidnapped/killed. In Mexico I've seen folks getting shut down because they didn't pay their cut, or because an official's family member launched a similar business after seeing your success. In Veracruz the Zetas literally took over strip clubs, nothing paid to the owners. Just a "GTFO or die" notice.

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(This post was last modified: 01-13-2019 02:15 PM by Cattle Rustler.)
01-13-2019 02:12 PM
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tugofpeace Offline
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Post: #209
RE: 40% of Americans are living paycheck to paycheck
(01-12-2019 06:10 AM)KYT88 Wrote:  
(01-11-2019 10:45 AM)tugofpeace Wrote:  Then you have idiots who travel and blow thousands a year on flights/hotels/experiences.

Seems like a shot across the bows to vast majority of members in the Travel section

No disrespect meant to those who travel. My point was that people spend beyond their means. Someone with a bunch of debt or high cost of living shouldn't be going into debt to finance their overseas expenditures at the detriment of their financial independence.. but people are free to do what they want. Personally, I had $185k of student loans to pay off when I graduated. This was at 8% interest so I paid $1150 of interest every month for 4 years before I made a lump sum payment of $90k and refinanced to 5%. I never traveled, except to visit family overseas about 3 times the past 7 years. I'm saving my travel for now, when I am comfortably able to do so.

(01-12-2019 06:35 AM)BaatumMania Wrote:  
(01-11-2019 10:45 AM)tugofpeace Wrote:  Then you have idiots who travel and blow thousands a year on flights/hotels/experiences.
And he thinks Chicago is a typical place or nice place in USA even though it's pushing 2nd or even 3rd world at times.

I don't understand your point about Chicago. Obviously it's not on the scale of NYC, but there are both rich and poor people here. It's a world class city, in my opinion. The rent can certainly approach the same as NYC/SF/London.. although it's not common. Cost of living is less. What's your point?
01-13-2019 03:56 PM
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RE: 40% of Americans are living paycheck to paycheck
(01-12-2019 08:24 AM)Cattle Rustler Wrote:  Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.

Traveling is expensive. If I want to go to NYC for a long weekend, for example, and not room with 20 other people, this would be the cost:

Uber to airport: $35
Nonstop ticket: $200
Uber to hotel: $35 (just an estimate)
Hotel for 3 nights: $750
Food/Drinks - $60/day, so ~$200 total
Entertainment/Transit - $150 (just an estimate)
Uber to airport: $35 (again just an estimate)
Uber home: $35

Total is around $1440. Ridiculous, right?

You could argue that one could use an airbnb @ $75/night, making accommodation $225. Then you could argue that food/drinks could be cut to half of that somehow (eating in, pregaming), making it $100.

So even if you were a miser and lived in someone's bedroom, you'd come to around $815 for a 3 day stay. Not cheap.

Of course, if you have points from credit cards or other perks you can offset the airline ticket and maybe get a free night at a hotel, get some free uber rides, etc. But realistically, traveling is not cheap. It's affordable if you do it once in a while, but not really feasible if this is a regularity.
(This post was last modified: 01-13-2019 04:07 PM by tugofpeace.)
01-13-2019 04:06 PM
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Post: #211
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 04:06 PM)tugofpeace Wrote:  
(01-12-2019 08:24 AM)Cattle Rustler Wrote:  Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.

Traveling is expensive. If I want to go to NYC for a long weekend, for example, and not room with 20 other people, this would be the cost:

Uber to airport: $35
Nonstop ticket: $200
Uber to hotel: $35 (just an estimate)
Hotel for 3 nights: $750
Food/Drinks - $60/day, so ~$200 total
Entertainment/Transit - $150 (just an estimate)
Uber to airport: $35 (again just an estimate)
Uber home: $35

Total is around $1440. Ridiculous, right?

You could argue that one could use an airbnb @ $75/night, making accommodation $225. Then you could argue that food/drinks could be cut to half of that somehow (eating in, pregaming), making it $100.

So even if you were a miser and lived in someone's bedroom, you'd come to around $815 for a 3 day stay. Not cheap.

Of course, if you have points from credit cards or other perks you can offset the airline ticket and maybe get a free night at a hotel, get some free uber rides, etc. But realistically, traveling is not cheap. It's affordable if you do it once in a while, but not really feasible if this is a regularity.

Thanks for bringing me down to earth, it only confirms my theory that I'm increasingly out of touch with most people. I see your budget breakdown as "Shit, just work 4 days of overtime and you're set (after taxes) for an NYC trip when the hitch ends".

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Game is the difference between a broke average looking dude in a 2nd tier city turning bad bitch feminists into maids and fucktoys and a well to do lawyer with 50x the dough taking 3 dates to bang broads in philly.
(This post was last modified: 01-13-2019 04:32 PM by Cattle Rustler.)
01-13-2019 04:30 PM
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Post: #212
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 04:30 PM)Cattle Rustler Wrote:  
(01-13-2019 04:06 PM)tugofpeace Wrote:  
(01-12-2019 08:24 AM)Cattle Rustler Wrote:  Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.

Traveling is expensive. If I want to go to NYC for a long weekend, for example, and not room with 20 other people, this would be the cost:

Uber to airport: $35
Nonstop ticket: $200
Uber to hotel: $35 (just an estimate)
Hotel for 3 nights: $750
Food/Drinks - $60/day, so ~$200 total
Entertainment/Transit - $150 (just an estimate)
Uber to airport: $35 (again just an estimate)
Uber home: $35

Total is around $1440. Ridiculous, right?

You could argue that one could use an airbnb @ $75/night, making accommodation $225. Then you could argue that food/drinks could be cut to half of that somehow (eating in, pregaming), making it $100.

So even if you were a miser and lived in someone's bedroom, you'd come to around $815 for a 3 day stay. Not cheap.

Of course, if you have points from credit cards or other perks you can offset the airline ticket and maybe get a free night at a hotel, get some free uber rides, etc. But realistically, traveling is not cheap. It's affordable if you do it once in a while, but not really feasible if this is a regularity.

Thanks for bringing me down to earth, it only confirms my theory that I'm increasingly out of touch with most people. I see your budget breakdown as "Shit, just work 4 days of overtime and you're set (after taxes) for an NYC trip when the hitch ends".

That's exactly how I think and rationalize unexpected costs, last week I got a photo radar ticket and lost my condo key fob which set me back about $250 and I thought to myself "looks like I'll have to work an extra day this year." I average about an extra 5-7 days each year just to pay off stupid shit like that.

Don’t sweat the petty things, pet the sweaty things.
01-13-2019 05:08 PM
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Post: #213
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 05:08 PM)scotian Wrote:  
(01-13-2019 04:30 PM)Cattle Rustler Wrote:  Thanks for bringing me down to earth, it only confirms my theory that I'm increasingly out of touch with most people. I see your budget breakdown as "Shit, just work 4 days of overtime and you're set (after taxes) for an NYC trip when the hitch ends".

That's exactly how I think and rationalize unexpected costs, last week I got a photo radar ticket and lost my condo key fob which set me back about $250 and I thought to myself "looks like I'll have to work an extra day this year." I average about an extra 5-7 days each year just to pay off stupid shit like that.

Sometimes I want to quit my oilfield job, go back home, and get a regular office job + side hustle. But when I start to run the numbers, the side hustle income would fluctuate. Then my desire to get an office job goes away.....at least in my current situation if I want to work my off days I know I'm guaranteed 500 USD every shift and I can work up to 6 days every month (I get 7 days off, use one day to change from day to night shift or vice versa).

It's like, why risk making fluctuating income when you have guaranteed income right now?

In another note, it's really hard to sympathize for normies. It's weird when I'm together with friends, dates, or social gatherings....hearing about "muh student debt", finances, or related shit. I just want to laugh and say "wtf?", can't relate to them at all. You can tell the mood goes down when they talk about finances, my mood has been at record high/positive for the past year.

Why? I don't have a home/apartment since I'm always working, only take my days off when I plan a trip. Job gives me a hotel room for 27 days a month. So that's $1500 I'm saving. No utilities either. Car is paid off. No credit card debt. Great health benefits. Student loans are $1000 and should be paid off this year, trying to accelerate it to May. 401K and IRA maxed out. My monthly expenses are like 500 bucks while pulling ~20x that. But Trump cucked out and now I can't deduct 15K due to his retarded tax reform.

Back to the point, I just tell them "Nigga, if you're really hurting that much...find a solution instead of a problem". It's a dark guilty pleasure but I like hearing millennial bitchs about their financial situation!

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Game is the difference between a broke average looking dude in a 2nd tier city turning bad bitch feminists into maids and fucktoys and a well to do lawyer with 50x the dough taking 3 dates to bang broads in philly.
(This post was last modified: 01-13-2019 09:54 PM by Cattle Rustler.)
01-13-2019 09:25 PM
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Post: #214
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 09:25 PM)Cattle Rustler Wrote:  Why? I don't have a home/apartment since I'm always working, only take my days off when I plan a trip. Job gives me a hotel room for 27 days a month. So that's $1500 I'm saving. No utilities either. Car is paid off. No credit card debt. Great health benefits. Student loans are $1000 and should be paid off this year, trying to accelerate it to May. 401K and IRA maxed out. My monthly expenses are like 500 bucks while pulling ~20x that. But Trump cucked out and now I can't deduct 15K due to his retarded tax reform.

Congrats CR, that is awesome to hear. The more money you put to work the quicker you can get out of that job and get back to your hobby... milfs.
(This post was last modified: 01-13-2019 10:15 PM by worldwidetraveler.)
01-13-2019 10:15 PM
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Post: #215
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 04:06 PM)tugofpeace Wrote:  
(01-12-2019 08:24 AM)Cattle Rustler Wrote:  Traveling is quite cheap nowadays, cheaper than ever! I can fly to Cancun for 200 bucks or Paris for 400. Tickets to Asia for 650! It's not that hard. The most expensive cost would lodging.

Traveling is expensive. If I want to go to NYC for a long weekend, for example, and not room with 20 other people, this would be the cost:

Uber to airport: $35
Nonstop ticket: $200
Uber to hotel: $35 (just an estimate)
Hotel for 3 nights: $750
Food/Drinks - $60/day, so ~$200 total
Entertainment/Transit - $150 (just an estimate)
Uber to airport: $35 (again just an estimate)
Uber home: $35

Total is around $1440. Ridiculous, right?

You could argue that one could use an airbnb @ $75/night, making accommodation $225. Then you could argue that food/drinks could be cut to half of that somehow (eating in, pregaming), making it $100.

So even if you were a miser and lived in someone's bedroom, you'd come to around $815 for a 3 day stay. Not cheap.

Of course, if you have points from credit cards or other perks you can offset the airline ticket and maybe get a free night at a hotel, get some free uber rides, etc. But realistically, traveling is not cheap. It's affordable if you do it once in a while, but not really feasible if this is a regularity.

Your budget kinda proves why American overpay for just about everything and really have no concept of money.

Why would you pay $35 dollar for Uber? Newark and JFK airports can easily be reached by train for less than $10. Ask some parents or friends to give you a ride to the airport.

Its winter, but a Manhattan hotel can be found for a $100 during this time of year. Secondly, having your own room to bang girls is technically a choice, you could actually go with friends and save tons of money on accommodation. Or stay in a private room for $45 outside of Manhattan.

$150 for entertainment is probably fair since you didn't come to New York just to do nothing. At the same time, how much would you have spent if stayed at home, probably a lot of that.

And again, why are $60 dollars a day for food? Chipotle burritos cost $9.50 and they're all over the city. They also make you shit like crazy, which makes feel like you're traveling to Mexico. That's the best part!

Lets if three friends went to New York for a weekend

$200 flight
$100 for 3 days in a hotel with friends
$100 for food.
$150 entertainment
$50 transportation split with friends
-$100 because you would spent that money on some of this shit anyway.

$500 for vacation. Sound reasonable.
01-13-2019 10:15 PM
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Post: #216
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 09:25 PM)Cattle Rustler Wrote:  Sometimes I want to quit my oilfield job, go back home, and get a regular office job + side hustle. But when I start to run the numbers, the side hustle income would fluctuate.

It's like, why risk making fluctuating income when you have guaranteed income right now?

Why risk working for someone when they can terminate your employment and cut off your source of income? When you can have multiple streams of income. And when one source of income dries out, you can have others to fall back on.

I would rather build websites, write ebooks, sell photos, and make money in my sleep than to relinquish control to someone else and only get paid every two weeks

Make our guns illegal and we'll call them "undocumented"
01-13-2019 11:38 PM
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Post: #217
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 02:12 PM)Cattle Rustler Wrote:  
(01-07-2019 12:44 PM)Midwestmind Wrote:  I made 70k gross. I payed 34k in income taxes. So, you think after it’s all said and done with bills, car payment, insurance. Food, gas, etc there’s virtually nothing left. I also have no children, which hopefully I have that luxury one day.

It’s time to take this shit back goyims.

I'm finding your claim hard to believe. Was that 34K in taxes taken away from your paycheck or net taxes paid? I made about 35K more yet my tax bill is half yours.

Unless they live in expensive places like California, New York, New Jersey, Massachusetts, Maryland, Virginia, DC, etc....

Make our guns illegal and we'll call them "undocumented"
01-13-2019 11:48 PM
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Transsimian Offline
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Post: #218
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 10:15 PM)godzilla Wrote:  Why would you pay $35 dollar for Uber? Newark and JFK airports can easily be reached by train for less than $10. Ask some parents or friends to give you a ride to the airport.
train
(01-13-2019 10:15 PM)godzilla Wrote:  having your own room to bang girls is technically a choice, you could actually go with friends and save tons of money on accommodation.
train!!!
(01-13-2019 10:15 PM)godzilla Wrote:  And again, why are $60 dollars a day for food? Chipotle burritos cost $9.50 and they're all over the city. They also make you shit like crazy, which makes feel like you're traveling to Mexico. That's the best part!
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01-14-2019 12:59 AM
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Simeon_Strangelight Offline
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Post: #219
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 09:25 PM)Cattle Rustler Wrote:  Back to the point, I just tell them "Nigga, if you're really hurting that much...find a solution instead of a problem". It's a dark guilty pleasure but I like hearing millennial bitchs about their financial situation!

Look - what you are having is a rather extreme form of job - it's rare equivalent to the educated guy off MIT or Harvard getting a lucrative corporate or Wallstreet job.

I met other such guys and girls who worked at billionaire and multi-millionaire cruise ships. The thing about those jobs is that you have a 4-6 week stint and then a few weeks off. You get paid 3000$ as a cleaning lady and 7-20.000$/month for any better jobs. I got to know a young captain and he worked 6 weeks and then got off 6 weeks while raking in 15.000$. Now about the money - it's essentially net savings, since you are living and working on the ship. So you can really save your entire earnings while doing the job. One girl said that when she tried to get any real job, she was always researching rents, living expenses and then was like: "So I got this well-paid job in Ireland making 3000$ net (that's good for bullshit paper-pushing job for a woman in Ireland), but I have to pay 1500$ rent and I will be saving 300-500$ max while before I was cleaning cabins and saved 2500$. That's bullshit!"

It's not bullshit, but not everyone can have those kind of jobs. I remember also talking to guys who made 40.000$ a month in investment banking. They had a good gig, but it turned out that they did not make the jump to better positions and 8 years later the gig ran out and they started making 3000$/month somewhere else. One guy spent literally millions on hookers and strippers.

There are currently still solutions available but that guy in my example - he will never ever in this lifetime make 40.000$ a month - unless he starts a businesses that takes off.
01-14-2019 03:06 AM
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tugofpeace Offline
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Post: #220
RE: 40% of Americans are living paycheck to paycheck
Quote:Your budget kinda proves why American overpay for just about everything and really have no concept of money.

Why would you pay $35 dollar for Uber? Newark and JFK airports can easily be reached by train for less than $10. Ask some parents or friends to give you a ride to the airport.

Its winter, but a Manhattan hotel can be found for a $100 during this time of year. Secondly, having your own room to bang girls is technically a choice, you could actually go with friends and save tons of money on accommodation. Or stay in a private room for $45 outside of Manhattan.

$150 for entertainment is probably fair since you didn't come to New York just to do nothing. At the same time, how much would you have spent if stayed at home, probably a lot of that.

And again, why are $60 dollars a day for food? Chipotle burritos cost $9.50 and they're all over the city. They also make you shit like crazy, which makes feel like you're traveling to Mexico. That's the best part!

Lets if three friends went to New York for a weekend

$200 flight
$100 for 3 days in a hotel with friends
$100 for food.
$150 entertainment
$50 transportation split with friends
-$100 because you would spent that money on some of this shit anyway.

$500 for vacation. Sound reasonable

1) I wouldnt go on vacation to eat chipotle, or fast food.
2) Not everyone has friends to travel with all the time.
3) Your point on uber is valid, although taking the train can be more time consuming and uncomfortable.
01-14-2019 10:25 AM
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Cattle Rustler Offline
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Post: #221
RE: 40% of Americans are living paycheck to paycheck
(01-13-2019 10:15 PM)worldwidetraveler Wrote:  Congrats CR, that is awesome to hear. The more money you put to work the quicker you can get out of that job and get back to your hobby... milfs.

Thanks homie! It's really awesome how far I've come across the past two years. On the other hand, I'm starting to inch toward the 18-21 crowd instead of MILFs. It's like I want what's hard to get, now that I'm getting older MILFs aren't as exotic so I'm trying new demographics to add some seasoning to the mix.


(01-13-2019 11:38 PM)2 Cool 4 U Wrote:  Why risk working for someone when they can terminate your employment and cut off your source of income? When you can have multiple streams of income. And when one source of income dries out, you can have others to fall back on.

I would rather build websites, write ebooks, sell photos, and make money in my sleep than to relinquish control to someone else and only get paid every two weeks

Because I know this job is temporary until oil prices crash again. Three months ago I couldn't work on my days off, now I can. I'm good at what I do and in demand by multiple managers/customers...so gotta milk it while I can. FYI, I do work on a side business on my days off.

Good luck making 500 a day selling ebooks or pictures. Your biz model is stuck on generating content, meaning you have to keep churning to keep making money. Sell a product and scale.

(01-13-2019 11:48 PM)2 Cool 4 U Wrote:  
(01-13-2019 02:12 PM)Cattle Rustler Wrote:  
(01-07-2019 12:44 PM)Midwestmind Wrote:  I made 70k gross. I payed 34k in income taxes. So, you think after it’s all said and done with bills, car payment, insurance. Food, gas, etc there’s virtually nothing left. I also have no children, which hopefully I have that luxury one day.

It’s time to take this shit back goyims.

I'm finding your claim hard to believe. Was that 34K in taxes taken away from your paycheck or net taxes paid? I made about 35K more yet my tax bill is half yours.

Unless they live in expensive places like California, New York, New Jersey, Massachusetts, Maryland, Virginia, DC, etc....

Dude is probably in the midwest. I paid OK taxes and even then, my tax bill was 4K before getting it all of it back because I don't live there. Either way, don't care much as that's his tax sitaution, not mine.

(01-14-2019 03:06 AM)Simeon_Strangelight Wrote:  
(01-13-2019 09:25 PM)Cattle Rustler Wrote:  Back to the point, I just tell them "Nigga, if you're really hurting that much...find a solution instead of a problem". It's a dark guilty pleasure but I like hearing millennial bitchs about their financial situation!

Look - what you are having is a rather extreme form of job - it's rare equivalent to the educated guy off MIT or Harvard getting a lucrative corporate or Wallstreet job.

I met other such guys and girls who worked at billionaire and multi-millionaire cruise ships. The thing about those jobs is that you have a 4-6 week stint and then a few weeks off. You get paid 3000$ as a cleaning lady and 7-20.000$/month for any better jobs. I got to know a young captain and he worked 6 weeks and then got off 6 weeks while raking in 15.000$. Now about the money - it's essentially net savings, since you are living and working on the ship. So you can really save your entire earnings while doing the job. One girl said that when she tried to get any real job, she was always researching rents, living expenses and then was like: "So I got this well-paid job in Ireland making 3000$ net (that's good for bullshit paper-pushing job for a woman in Ireland), but I have to pay 1500$ rent and I will be saving 300-500$ max while before I was cleaning cabins and saved 2500$. That's bullshit!"

It's not bullshit, but not everyone can have those kind of jobs. I remember also talking to guys who made 40.000$ a month in investment banking. They had a good gig, but it turned out that they did not make the jump to better positions and 8 years later the gig ran out and they started making 3000$/month somewhere else. One guy spent literally millions on hookers and strippers.

There are currently still solutions available but that guy in my example - he will never ever in this lifetime make 40.000$ a month - unless he starts a businesses that takes off.

Yeah, you're right that I'm in a unique situation. I keep forgetting that constantly. Even my coworkers are stuck with a mortgage/rent or a family to feed. What I was referring to is that my job requires no special skills. Some of my coworkers are fresh off prison, foreigners (including one "refugee"), and retarded muthafuckas. Even then, it's kinda easy (80/20). Just applied and you'd get hired, show up to work and work...and you in the top 10% of the workers.

Sometimes I start to think about "after this job" if i ever get laid off, and the thought of spending 1000+ on housing gives me goosebumps. Fuck that.

(01-14-2019 10:25 AM)tugofpeace Wrote:  1) I wouldnt go on vacation to eat chipotle, or fast food.
2) Not everyone has friends to travel with all the time.
3) Your point on uber is valid, although taking the train can be more time consuming and uncomfortable.

Agreed. Fuck going to NYC and feast on Chipotle. At the very least I'm going to a Guy Fieri joint or a place on TimeOutNYC. Flavortown bishes!

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Game is the difference between a broke average looking dude in a 2nd tier city turning bad bitch feminists into maids and fucktoys and a well to do lawyer with 50x the dough taking 3 dates to bang broads in philly.
(This post was last modified: 01-14-2019 03:46 PM by Cattle Rustler.)
01-14-2019 03:13 PM
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Simeon_Strangelight Offline
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Post: #222
RE: 40% of Americans are living paycheck to paycheck
I think that the 25-29 age range is probably harder to get than the 18-21, but who cares about that when 18-21 is hotter, younger and more unencumbered by their age-related epiphany phases.
01-14-2019 04:33 PM
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scotian Offline
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Post: #223
RE: 40% of Americans are living paycheck to paycheck
Our jobs sounds very similar, my crew has a lot of foreigners (mostly European, a couple of Asian) the white guys are typically rougher, the dude staying in the room beside me who I also work with spent two years in prison for aggravated assault after stabbing a guy three times in a street fight a few years ago. I'm used to working with these types of characters so it's not a big deal.

I'm also making about $500 (Cdn, fuck!) per day with housing paid and $55/day per diem, unfortunately I have weekends off on this particular gig but it's kind of nice to have a couple of days to unwind. I'll still be about to save about $5000/month and like you, I have very little monthly expenses: car is paid off, condo is rented (covers all expenses) so my only expenses are my auto insurance and cell phone which are about $300/month. Winters are typically slow here in Canada for my line of work, once it picks up from March-June, I should be saving $7000/month.

I've been through two bad recessions now, the big one in 2008/09 and the most recent oil bust that happened in 2015 and continues today but I've always kept busy because I'm on the downstream side of the oil biz and work mostly in refineries. As long as Canada continues to produce oil, upgrade/refine it then I will have a job because these big oil facilities have to be inspected, maintained, etc.

TLDR: If you want to get into the oil biz then take a skilled trade (pipefitter, welder, electrician, etc) that can be used in other industries during the cyclical down turns. Also, save your money for a rainy day!

Don’t sweat the petty things, pet the sweaty things.
01-14-2019 04:33 PM
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worldwidetraveler Offline
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Post: #224
RE: 40% of Americans are living paycheck to paycheck
(01-14-2019 03:13 PM)Cattle Rustler Wrote:  Because I know this job is temporary until oil prices crash again. Three months ago I couldn't work on my days off, now I can. I'm good at what I do and in demand by multiple managers/customers...so gotta milk it while I can. FYI, I do work on a side business on my days off.

Based on my experience, or I should say fuck ups, you're doing the right thing.

I was doing a contract gig and getting paid a shitload of money. I knew the good times wouldn't last so I started thinking about how to get into something else. No matter what I went into, it wouldn't pay nearly as good. I was banking $100 an hour and working 50 to 60 hours a week.

So this idiot got stupid (and was overly stressed from the job) and decided to leave and start his own business.

It took a long time to even figure out what type of business I wanted to do.

It took a long time to finish the product I basically bet my whole future on.

I should have stayed and banked most of that 5k to 6k a week while cutting my costs down to a minimum. I could then relax and just take my time figuring out the next step.
Everything worked out and I am better now than before. A lot better, but it would have saved me a ton of hardships if I had just stayed and banked that cash.
(This post was last modified: 01-14-2019 06:47 PM by worldwidetraveler.)
01-14-2019 06:43 PM
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Post: #225
RE: 40% of Americans are living paycheck to paycheck
This thread makes me want to get fuckin’ rich.


Living in the suburbs with my parents is terrible for gaming opportunities though. I refuse to troll at the local target and get an hero’d by some beta because I cucked him.

I put myself in this situation by not studying engineering, finance, or computer science in college.

Thank God for medical school— hopefully there will still be money in that field once I graduate.

I have credit card debt, pay it off every month to have strong credit. Student loans are at $0/month for some reason that I cannot explain...not in deferment or forbearance, I’m on IBR or something. must be because my shitty entry-level job pays peanuts.

god my life sucks (financially and socially) now but it will get better...that’s what I tell myself.

least my car is paid off...but car insurance, gas, and maintenance is a bitch!

If I had a serious emergency (>$5k USD), I would be ruined
(This post was last modified: 01-14-2019 09:19 PM by BasketBounce.)
01-14-2019 09:14 PM
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