>character loses their job
>immediately has to leave house and go to live with their parents or some friend
>has to sell car to retrieve some money to survive
Doesn't americans have savings in the bank? Do they really live paycheck to paycheck? I have the most average europoor job with the most average europoor salary and, if I were to lose my job, I could comfortably mantain my current lifestyle for a couple of years.
 UFOs Are A Psyop Shirt $21.68 |
 DMT Has Friends For Me Shirt $21.68 |
UFOs Are A Psyop Shirt $21.68 |
Most Americans are in crippling credit card debt just to keep up with the Joneses. Losing your job means that debt compounds in addition to rent not getting paid on time in addition to car payments not getting paid on time in addition to...etc.
>Most Americans are in crippling credit card debt just to keep up with the Joneses
Not me. I got excellent credit and was able to do fine on my own paying rent. Turns out, the key is to not be moronic with your money.
Congrats. Do you want a medal?
>the key is to not be moronic
So you see why most people have an issue
Around 90% of the entire Earth's population has less than $1000 USD in savings, lives week to week and would be financially crippled by an unforeseen emergency.
Then they should be thankful rich people create jobs to keep their useless asses from starving.
Well yeah they have less than $1,000 in savings. Thy should keep money invested.
America has no social safety net and the entire economy runs on debt, 6 months without a job can literally ruin the rest of your life.
YES IVAN WE KNOW YOU'RE RAIDING
Do you think every character in a movie is representative of every single person in the country in which it is set?
>Doesn't americans have savings in the bank? Do they really live paycheck to paycheck? I have the most average europoor job with the most average europoor salary and, if I were to lose my job, I could comfortably mantain my current lifestyle for a couple of years.
Americans not only live paycheck to paycheck they live huge on credit as well. So the moment they lose their jobs they are screwed unless they have emergency savings fund which most don't
>Americans not only live paycheck to paycheck they live huge on credit as well.
why they do this?
Cultural issue I suppose
Bankers convinced them that this is the best way to live your life, and the newer generations were brought up with it. In the EU many of these practices are banned, but in the US the banker lobby is huge.
I've been unemployed for 8 months and living with my parents but haven't had to sell anything. Still sucks seeing the bank account numbers slowly go down
>living with my parents but haven't had to sell anything. S
Gee I wonder why you didn't have to sell anything if you lived with your parents
Student loans are a b***h. Kids are conned into willingly entering debt slavery all throughout high school.
>yurop
>losing your job in the first place
>not having a robust welfare state supplementing you with at least 80% of your income until you are able to find a new job
yeah bongs always seem super happy about that, or do they not count as euros
>In one [episode] Frankie buys a small container of skin cream that she thinks cost twenty dollars, but it turns to be two hundred. (She put it on her credit card and didn't realize.) She and Mike have to go to extraordinary lengths to earn back the money.
I don't want to sound arrogant but how shitty are you at managing your life if a 180$ loss ruins your entire month?
This cannot be real. I refuse to believe that a large majority of American's have basically 0 money. Even when I worked a minimum wagie job I had enough sense to save what I could.
When people complain about being paycheck-to-paycheck they are leaving out their full 401k contributions and savings and leaving out that they eat out 10+ times a month and have multiple vehicles, streaming services, etc. It's a false statistic, paycheck to paycheck is supposed to mean scrounging through your car for the last .50 cents you have to run your clothes at the laundry mat, there's just a victim complex in most people's brains that makes them have to pretend to be poor online for brownie points
me when justworldfallacy.exe is glitching out
Basically, people are moronic with their money and that's why they're fricking up financially. My dad's the same way on account of him being a fat idiot with no self control.
yeah there are no economic reasons it’s just mutts being dumb mutts hehe they let me rob them
No paycheck to paycheck means I have the same clothes I owned 8 years ago, means I don't wash them until I've worn them 5 times (not underwear), means if I wanna save a penny this month I'll be eating exclusively ramen noodles. I don't go out to eat more than twice a month and those are usually the cheapest fast food deals at the time. I don't pay for streaming but I do have a car insurance and internet. Basically I live in fear of the next issue with my car that bankrupt me. Oh and I do buy booze and weed to cope but you'd be surprised how little you can spend on that. I use a lot of gas too cause I drive to woods for recreation
Jap girls go into JAV to pay off their crippling dept.
California is way up there in terms debt, both personal and state.
Women are just financially moronic in general.
No money in bank.
1000+ iphone
Gg no re.
I've got 1.5k in a 5% interest account, 1.7K in stocks in my private company, no vehicle, no house. Scared as shit because I haven't been able to contribute to my account the past 3 months.
It depends on where you live? In most movies, the trope happens to an actor or actress who is trying to make it in Hollywood. In that case, it's pretty realistic because LA and New York are expensive as hell and actors dont make as much as people think. People have posted on Cinemaphile about actors losing everything and working in restaurants or other low level jobs as their career dies. If you live in a normal place in America, you would probably have savings and a house with payments lower than apartment rent. Anybody outside of major cities who can't survive after losing their jobs is probably a manchild who has no understanding of money.
I'm parsimonious and very careful with what I spend but I also don't work. We can't be perfect. Oh wait I am.
Is europe really such a utopia?
The coastal parts and rich parts.
EUgay here but I don't think people really understand how bad it is for Americans on average
>job is linked to medical insurance
>you need to actively use a credit card to build a 'credit score' so you can get actual loans for a house, etc
This means you're generally 'forced' to have credit card debt. Ideally, you should be able to pay it off. The other problem is compunded with the lack of gimmies from the gubberment meaning unlike in Yorup, they're usually pretty fricked. Not to mention that most laws for jobs or renters, etc are in favour of the landlord/employer so that shits all over them too
All in all, it is like that for many of them
It's actually very easy to pay off your credit card if you don't spend more than you are capable of paying. I have zero debt from 5+ years of useage, my credit score is like 730 or something
My point is anon, that it's fundementally needed to actually build a life
No, you need to generally have 'high' irregular amounts. Subscriptions aren't going to cut it
Shit like gorcery shoping is bad but 'ooh that new 5k tv' is good
>This means you're generally 'forced' to have credit card debt.
Just put your Netflix subscription on it and you'll be fine.
There is going to be a major reckoning on property law within a few decades due to nobody buying houses. Within my life time we will wind up with a situation where the vast majority of all real estate is owned by a handful of giant corporations. Once word of this gets out, it's only a matter of time before millennials (now the majority in congress) act against these corporations.
I have five figures in my bank account and a steady job. But I’m afraid to spend money on vanity buys and still live like I’m broke. I was poor my whole life and my brain keeps preparing for a catastrophe that will leave me penniless again.
I'm Black person tier bad with money but I just go work more hours
single income family tho, jealous as frick of double income couples I can't imagine how those people waste that much money