Apologize

>Why don't people who live pay cheque to pay cheque just save money instead?

This whole system is rigged and we all know the ((riggers)).
Who would play by the rules and think they're smart when the fed pumps trilions into financial markets and government technocrats practice economic witchcraft?

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>his advice is known intuitively by the majority of people
No, user. I think you are vastly underestimating how many people are not mentally developed beyond 12 and are straight up fucking retarded.

Only advice of his I ever followed was credit cards but I only did it because I found out how kiked credit scores are, literally the inspiration for social credit system in Gookland. I just send electronic checks if I got to pay for something online, I'm not worried about being a homeowner until I make it so credit scores mean dick.

Inflation and future stimulus is going to make all that worth less, as we stretch our assholes for Blackrock

Cant print demand, but you can print inflation.

See

Six months isn't going to be enough...

Oh no, we've already been licking the blood and tears over decades of inflation.

What's going to happen is that the inflated value of assets is going to go *pop* and you'll see the terror of a deflationary spiral we haven't seen since the great depression.

Btw the op picture would be "sensible" except a lot of our growth and amassed elite wealth has been dependent on ever increasing velocities of debt.

People get into debt for dumb shit reasons but unconsciously, people recognize that they've had to indebt themselves further and further to maintain on the same rung of the social ladder than their parents and grandparents did.

All I did was save 10% of every direct deposit into my savings account and 10% into crypto and I’m glad I did it.

FUCK YOU
DAMN DIRTY APE
wasted get

Thanks, I hate it

go to bed, wolf

No, this is going to be fun

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Its not rigged, most poor people are just retards who waste money on bullshit.

when the system relies on those poor people to stay poor and keep wasting money on bullshit, the system is rigged.

Yup. That's why both Republicans and Democrats shill for more immigration. Immigrants take all the low wage and low-skill work to become a perpetual underclass in society. America thrives off consumerism, and consumerism thrives off cheap goods, and even cheaper labor.

(((They))) don't want all of us to make it because then nobody would go to work

Please read this. Really read it and take it in.

medium.com/@allenfarrington/this-is-not-capitalism-5ed0a9d5dfa9

>tfw you realize capitalism is a pyramid scheme

We weren't talking about black people, user.

>when you survived off 2 grand for 10 years and even resorted to eating your own tooth animal for nutrients..

kek.
idgaf.

I'd say both are true, more accurate would be the system is rigged against the middle class mostly not necessarily the genuine poor.

for about 3 months and then good luck for the next year

>eating your own tooth animal

What the fuck is that supposed to mean?

What kind of stupid asshole saves money when interest rates are low and inflation basically means your money will be worth LESS in a year or two? You need to be fully invested in this nightmare economy or you'll be outcompeted by some leveraged asshole trading with cheap capital.

Thanks, capitalists.

if we were still on a gold standard people would have more savings.

What kind of stupid asshole has no savings and gets wiped out by unexpected problems?

leverage is for retards and gamblers.

Vast majority of inflation is due to the government, if not all of it.

They'll have no reason to do this shit when automation is perfected, it's the same result but no wages to pay.

Literally me desu lads

>Boomer cryptosocialist Keynesian economics is Capitalism

>centralised banking and government ownership of the money supply is Capitalism

And who do you think influences government policies? Actually take a step back.

Do capitalists protect and guard worldwide supply chains? No, they offload that onto the US military as does most of the world. What is the world's largest richest bureaucracy? The DoD.

Do you think you can untangle "capitalists" from the government when it comes to social order? Do you think capitalists that make it big are charitable enough to be philosophically aligned with small government? Wouldn't they want monopoly or cartel over the haphazards of actual competition in the big leagues?

>Real Capitalism has never been tried!

Kek true. Today I calculated out how I would live off my savings for the next year and half. Shit won't be stable until a vaccine arrives.

Enamel?

hows your vanguard going

Credit scores exist in other countries but seriously people and a lot of businesses put no care/thought into them. Americans will not stfu about them, Americans are legit cucked by their form of capitalism.

Buts it’s not intuitively known. That’s why most people are financial retards and deep in debt. Dave is based.

Just don’t waste it. Got my trump buxx yesterday. Great feeling knowing I didn’t need any of it.

>average boomer talks about using common sense
when someone like this is venerated like some kind of revolutionary mose wisdom hero,.... we should know we are in trouble.

nothing he has ever said or advised is secret or profound in any way. its simple common sense and being responsible with money. should be taught, learned in grade school

i do take issue with his christy fag reliigitardism. you can take that shit and fuck off old man

Most people are brainlet tier. He breaks it all down to their level. Can you do better by tweeking his plan? Of course. I buy div stocks and not mutual funds. My emergency fund is a home equity line of credit (on a paid for home) End result is the same. I don’t pay interest, I collect it. When things get back I buy used shit cheap from desperate poor fags.

ask shitskins why they buy shit they don't need and complain about not saving. Muh kikeflix, muh cigarettes, muh eating out. This is the majority.

No one is forced to waste money. They have to be talked into it. If people were smarter and made better decisions the wouldn’t be poor.

What do I just read?

I spent all $1200 on mega millions tickets. Statistically it is a waste but I'm feeling lucky.

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>you must own at least 100k UND to understand this joke

Also with the jackpot this high (136 million USD), you're stupid not to play.

600 tickets is a 1/500,000 chance of winning the jackpot. I have medical issues more rare than that.

The charity shit is just cover so people don’t feel bad about making/keeping more money.

>save obsessively for years

>keep 10k in low interest savings account safe from mr market and make no money on it

>crisis comes and I never have to use any of it

Every time...

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Kek

absolute madman. he actually went and did it

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>Black
>People

You know better user

I prefer Powerball but some faggot in New Jersey won the last jackpot it it reset to 20 million.