Almost 70% of Americans have less than $1,000 in savings

quote from here
returnofkings.com/116228/the-5-stages-of-the-voodoo-economy

is it true?

Other urls found in this thread:

en.wikipedia.org/wiki/Opportunity_cost
twitter.com/NSFWRedditImage

and almost 100% of swedish men lick black nutsuck

Fpbp btfo

Well I've got 40 dollars sitting in mine

Because landlords take most of what the government doesn't

thats crazy. I have well over $100k in savings, about $500k in investment accounts and about the same in realestate holdings.

What you niggers doing out there? Its not hard to make money, just don't be a dumbass or a retarded autist

also, I rather be poor in the US, then have to share my wife with niggers in sweeden

I've got $4,500 but $3,000 or so is going toward a huge tattoo that I will most definitely not regret.

well at least they have guns.... hahahahaha

Oh yes you will

No

>profit
Bruh he's barely going to make a fucking dime, he pays taxes on that property every year he owns it and he pays taxes on the gains made from the sale, and he pays the city for titlework to sell it legally.

The price only increases to make up for maintenance and costs. Communists don't know shit.

And sure OP, I've got 16k cash, 24k in real estate, and 20k in 401k so if everyone else is poor maybe I can finally buy a nice yard. Maybe.

How many us citizens are under 20 or black

Why save? Your money is worth 5% less every years because of inflation anyway.

It's liquid savings. The young and elderly don't have much in liquid savings, plus nigs/spics don't have shit either.

Whites, East Asians, Indians, and other higher races have enough in savings generally. Things are a bit low due to Millennials not being able to save effectively, but otherwise they aren't that bad. The real issue is that inflation has made liquid savings a terrible investment.

If you actually keep 100k in cold hard cash you're a total retard. You only need 30k in liquid savings maximum. All you're doing is losing ~2% of your money every year to inflation.

what's that got to do with the topic?

I have $28,000 in savings, and feel like I'm poor, daily.

Hard to imagine. I have $16k in savings right now. I'm 25 and didn't start working until I was like 21 and pissed most of my money away on dirt bikes n cars n guns n sheit for 4 years.

I'm a freelance editor, if I went full time / guild I could make a shitton more but I hate being on Salary

I got like $75. School really killed my savings of several thousand. Fuckin' blows.

Goddamn I thought I was poor with my $2,500.

Working poor. War against the middle class. Gap is getting bigger. Half of income is stolen by governments in some form of taxes. Revolution time

>communist

Geogism for the win

let a man keep all he creates

I know that feel bro. Plus people are retarded about it. I paid off my student loans just before turning 26 and my friends asked "what are you going to buy now?"

Nothing you niggers, I'm broke.

I have about $26 cash and almost $3 in my bank account.

>poor life

>Half of income is stolen by governments in some form of taxes.
Try rent, queerbait.

Nice, 28 here and I feel breddy good when I manage to scrape up 1k in savings, but then that all goes right back into paying off interest from student loans

I do have a friend who's even more fucked tho, 100,000k in student loans, minimum wage job in an unrelated field

I don't even have savings. We're a nation trying to make ends meet.

>Indians, and other higher races
u wot m8
indian spotted

I don't have student debt because I payed out of pocket after working for 4 years and saving. I'm really scraping the bottom of the barrel and leaning on the kindness of my girlfriend to pay for stuff half the time.

This. I live like a poorfag and have 30k in savings from money I've been stashing away since my first job and I still don't know what the fuck I'm saving so much money for.

Emergencies, large down payments on car/house, financial security.

>Whites, East Asians, Indians, and other higher races
>Indians
>higher races
also
>other higher races
>already listed whites AND east asians
What are you trying to pull here nigger?

It's true, the wealthy pigs in this country horde their ducats in place of their souls while their fellow countrymen starve and suffer.

There is a remnant middle-class but it's being consumed by the 1% via "financial services."

Faggots think it's "The Jews" but "The Jews" are really just any greedy fuck in this world committed to neo-liberal/conservative policies or crony capitalism/kleptocracy. This covers the US, Western Europe, Asia, Russia, Africa, Pacifica and Sud Amerique.

All humans are indicted though a minority bears the proportionate burden of blame. Kill your priests and policemen and live free again!

> tfw 20 with approx 15 grand saved

Hell yeah I'm not part of the problem

>tfw you have $1500 in savings for the first time

Trying real hard not to touch it.

Is that a fucking law rune tattoo on his arm?

wtf do you do? sell drugs?

I get a little over 1% on my cash, but its only there because I'm getting ready to purchase another property, looking at land to fuck around on. I normally only keep around $40K in cash

then don't go on salary, but find a way to make more money. being poor sucks and if you're smart and don't waste your time on videa or porn, you'll figure out a way to make more.

...

There are taxes on land value. This is why they purchase and let areas stay run down or even become delapadated until suddenly BOOM their business model comes into play, sudden development...then...crash as the tax money is misspent.

I don't see what this resolves.

It is all about money circulation and focusing on the actual needs of the individual desu. The only reason they are working for those with capital is because of artificially induced "need".

I'm 24 and I have $12,000 in savings, $10,000 invested. Git gud

There one that includes asians?
Or is this one of those studies that lumps asians in with whites?

There is literally no point in having a savings account. Checking does the job.

Separate jews from whites. They make 48% of our billionaires.

I'm an engineer, but work in business.

don't listen to the fake meme that engineers look for jobs after college. It's bullshit. My company falls over itself to throw money at new engineers. The only ones that don't get jobs are the ones that show up for interviews with uncombed greasy hair and shitty clothes, dont make eye contact, and act like they have autism. So like 80% of the retards on pol but still.

I made $30k a month at your age. Sort your life out you fucking loser

I don't know, but I got most of my money through inheritance. We had a big farm which we sold, no debts because they were paid off from the life insurance of my father after he passed. Then a few years later my mum died. I was an only child so I got to keep everything.

>could be close to millionaire at 28
>instead I'm taking years off non stop and never work more than 30 hours a week when I do
>quit my last job 11 months ago and still have 12k to my name

Sucks to be an amerifat.

holy shit fucking poorfags. i got like $18k niggers.

...

>not having savings instead of insurance.

Good goys.

>It's simple user
>Just inherit a lot of money

And you're 69 years old I'm sure

Billionaires have very little effect on median net worth

I have 70k savings and I am an ex burger

Hard to build up savings when my bank now steals money as an "Account fee" anytime the balance is below 1500 dollars. Fuck you wells fargo.

>It's simple user
>just take care of your children

It is basically an ad-hoc loan

That's not my point, my point was that the guy he was replying to probably just inherited it.

I still save regularly to my retirement accounts but I don't have much in there because I've only just graduated.

I only have $500 in savings but I have 2 credit cards with $4,500 limits that are only used for things like gas and groceries.

As per wells fargo:

>Avoid the monthly service fee on your Wells Fargo Everyday Checking account with one of the following each fee period:

10 or more posted debit card purchases/payments. This includes posted debit card purchases or posted debit card payments of bills from this checking account. This does not include transactions at an ATM4, OR
Qualifying total direct deposits of $500 or more5, OR
$1,500 minimum daily balance, OR
A linked Wells Fargo Campus ATM or Campus Debit Card.

nigger you retarded, I'm 32. at 69 I hope to be retired on my private dock looking at the gulf of mexico getting a blowjob from a 19 year old spic prostitute while a nigger prostitute rubs my feet.

>Success breeds jealousy

I know these feels.

Finally got my first white majority coworker job recently. Went from 1k being "impressive" to having like 15k after 3 months without really paying attention.

Was so itching to buy some cool shit, but decided not to be a nig and pay off some credit-jews I'd been making min pays on for years.

Trades/physically hard jobs aren't a meme.

What do you guys invest in? I'm trying to get a better return on my cash by matched betting and crowdfunded property and loan investments.

virtual money in computer games dont count kid

I am 35 and have 250 in total savings, which is my entire net wort. I dont have any job skills so I just wait tables or do bullshit dead end jobs and get by.

That's the kind of stuff that /biz/ probably knows more about.

if its true, this might be the reason why u.s. economy is the best in the world. they spend like crazy which pushes economy up, this returns eventually.

accumulation of money is degeneracy of protestantism.

How the hell do you expect to have a family? Get your shit together. You're 35 for fucks sake and you still live like a teenager.

this guy gets it. Pay off all credit cards down to 0 FIRST. Second, only charge what you can pay off at the end of the month, but make sure to use CCs. When you're ready to buy a house, make sure to get a get one that you can put down at least 20%, if you can't afford 20% down payment, move on to cheaper house, or wait until you can afford it. Always get a 15 year loan, never a 30, and never ever go full retard and do 20

I only have a little over that (well in burger dollars probably more than double that) but I have free health care, a pension pot, and a safety net if I ever get made redundant (but won't need it probably). So it's enough to be comfortable. I'd have a lot more saved if I didn't drink massive quantities of alcohol. I never have to worry about just getting by. I can afford pretty much whatever I want.

I'm 30 and went to college and kinda feel like that's mostly my future atm, bullshit jobs.

But user, protistantism is THE us religion.

Nothing wrong with not wanting a family if that's his wish.

What the fuck am I supposed to do about it? Im too old to change anything so may as well just sit around. I am definitely not going to lower myself and work in some factory or a trade job.

Annnnd larper.

Liquid savings are for retards. I keep all of my wealth in non-current assets.

I actually have two kids but the government and churches give us tons of free shit and if I made more I would lose benefits me and my kids need.

I've had a look at /biz/ but I haven't quite made sense of it yet.

>(((/biz/)))

nope to all three of those.

unless you start with a significant account balance, investing in those, along with stock market is waste of time

Ah understandable.
Heh well was just a suggestion that's where I always see the investment sort of threads.

i do know that, but the ideas of buying and spending in united states are engraved into the minds of citizens. the concepts such as "a house, car, wife, 3 kids and a pet" are directly related.

protestantism i was referring to is northern and central german and uk. where people live like scrubs so they could spend when they get 60y/o.

accumulated money is lost money, thats way a steady inflation is called a healthy inflation. it forces people with a lot of cash to invest.

Not true. I have 4 or 5 thousand in "savings" In different "currencies" no less.

>jealous of licking black nuts

I'm a bong, but I only have around £500 in savings. It just all goes on rent, bills and food.

Not me.

its sad to see how many losers are on this board.

pick something you're interested at, study/work hard at it. don't waste your time on bullshit distractions, think long and hard before you make a decision, they all have consequences and some are more right/wrong than others. be patient. thats all you need to be successful If you're in your 30's and still poor, reevaluate your life, make changes, move to a different city/state/country and start over.

Kind of reminds me of the term opportunity cost. en.wikipedia.org/wiki/Opportunity_cost
How you think what you miss out on by buying something or not buying something.

This cant be true

How the fuck? Dont you people hae a job?

Depends what you mean by significant.

You don't need that much for matched betting. I would say min £60 with £1k being optimal. I seriously don't get why people don't jump on MB - it's free money from bookies.

You can start investing in crowdfunded property from as little as £10. I usually invest £500 to £1k at a time so as not to put all my eggs in one basket.

I hope its less. poor people dont deserve money.

Tfw 20 and have 8000ish sitting in the bank and like 16000 in IRA/RothIRA.

Is this white privilege?

I'm a billionaire and i dropped outta school in the fourth grade

I feel pretty rich with a few hundred. Always ends up getting spent on necessities. It sucks but honestly I base my life on more than just money.

s a g e for no archive
Kill all SWEDES

All of this. It's a bit of a clickbait meme but there's a grain of truth to what it is implying.

The only thing is its more like at least 5% of your money loses value a year if you let it sit. They cooked the numbers on the C Consumer Price Index like 20-25 years ago to make inflation look lower than it is.

But yeah, if you have six figure liquids good for you I guess, but you're not utilizing that money properly at all.

Fake news
I'm 18, still in highschool, and I have 4K saved up per my after school job