Many American people are struggling as the White House praises 3 years of the "Dream Team." Many companies are laying off staff, and AI squeezing people out too. Bidenomics = Poverty.

I told u years ago the Worse it Gets the Better u will Do !!! Their SCARED and looking for Help. V Bernie😁😁😁😁

TY

Incredible tiny homes....

It was all foretold in the book of Revelation. A measure of wheat for a penny which is mistranslated. It was a Dracarius which was the average daily wage for a Roman citizen which is basically saying that just to be able to feed yourself for a day is going to cost you a days wages. It's getting there

That’s exactly what I was saying to myself when I heard him rattle a lot those payments. That’s a mortgage.

It is a mortgage if you live in your car. 😂

Not "MINI" but "MAJOR" 😁

Exactly 💯

You got that right !

I do not disagree, there are strategies that could be put in place for solid gains regardless of economy or market condition, but such executions are usually carried out by investment experts or advisors I speak from experience.

True, I’m quite lucky exposed to personal finance at early age, started full time job 19, purchased first home 28, got laid-off work at 36 amid covid-outbreak, and at once consulted a well-qualified advisor to stay afloat. Thankfully, my portfolio has maintained steady growth ever since, amassing nearly $1m after subsequent investments to date.

this is great! think your advisor would get on the phone with an unknown? i'm in dire need of proper portfolio allocation

There are a handful of experts in the field. I've experimented with a few over the past years, but I've stuck with ‘’ Melissa Terri Swayne” for about five years now, and her performance has been consistently impressive. She’s quite known in her field, look-her up.

Thanks for this. could easily spot her website just after inputting her full name on my browser. she replied my inquiry and we scheduled a consulting session sometime tomorrow.

2005 Toyota Echo five speed with 100K miles. Half way broken in.

1984 mercedes benz 300 turbo diesel, runs like a champ😂❤❤❤❤❤❤❤❤❤no payments... Just insurance. Fuel. Some repairs, maintenance. Very good car ,I'm euro❤

2017 shit Chevy Cruze about to hit 100k, wish me luck 😂

Yes sir. Still rocking my 99 jetta

Im not doubting it, but it isn't worth 4,500,

😮‍💨

and a crooked gangster Aunt called Sallie Mae.

Dave Ramsey

Smart

smart move

Hodl

Check more than one place to compare rates. You can’t afford a car if you can’t pay cash for it. Cheers. Good fortune to you out there. 🦉

Same here every used truck is now worth a small fortune

That's such a crock of crap when the minimum wage is $7.25 come on man not everyone makes 100K plus a year

@@madmaxxx69 I came to the country with nothing except my high school diploma. So if I can manage, most others should be able to do the same.

@@hansschotterradler3772Luck does play a role too, you know....just sayin’.

@@truthseeker1959 yes, I met the right people. But note, there are plenty of people out there with similar incomes as mine that are highly indebted. So stupidity also plays a role. Just sayin'

At some point we will be limited on what we can do even living in our means

​@meatloafcity4446 I retired couple back. I very thankful for that employment.

In other words, it's January.

@@AndrewGreenaway I too want to be a social parasite.

theyre doing this with amazon air pilots and their union is getting invovled. They are getting very creative with staffing and how they schedule things as things slow down. they also do this when things are crazy busy and overwork these people too.

I cut back on parcel delivery a lot, but am mot 'broke', but am moving later this year so have to pare down and make room for that arduous event.

Same here!

Jealous! Hoping to be there by the end of the year! Congrats! 🎉

@@Staticprophecy It took a lot of hard work, and asking myself the question, "Do I really need that?'" Keeping working at it, it's doable.

Me too you must be a boomer

@@robertmanley2687 Just hitting my 60's. A great job, recently retired but still saving money. I'm in the market for a new car, I know what I want, but am sitting tight for a bit. No payments for me, I have the cash, but I'm holding off for the 2025 model so I may be able to get a better deal on the 2024.

Whelp, go to your local credit union and get a loan or pull cash. THEN hit the dealership, select and finance making sure no prepayment penalty on their loan. Drive off lot day or two later bring in a check from the CU or your bank pay it off. You've just got the best price [no mention of cash], cuz they thought they were gonna stick it to you on the financing end. Cheers

Wow. 5500 is a lot of money for a student.

@@josephcarland That was almost my entire life savings at the time. Turned out to be a good investment, all things considered.

Not just for American’s.

Do u think the Internet is just for Murica? Your a USAer..Americans are North and South and Central.

@@JohnBobRoger god bless America. Where are you from my friend?

Next... credit card debt!

Absolutely but you know how it goes. Lots of people want to shoot the messenger lol.

Of course he's going to like your comment. 😂

You live in a tree house?

In N Out in Oakland CA should be renamed to Rob N Out.😂😂😂

'Down and Out Dan' they wouldn't hire robbed them.

no sweat............the genius mayor and city council have come up with a novel new franchise model............In-N-Out Burglary............a sure winner! as Cramer would say, buy! buy! buy! 😂

Bidenomics is working Great!! LOL

@@Administrator7 I'll be so glad when he retires...sick of em'! 😂

@@verbalasswhooping If you actually think the president is in charge of anything, may you & many others snap out of it.

@@Administrator7 Building Back Better. 🤣

I never let my schooling get in the way of my education😮

Yup, keeping my 2006 Sonata with 86K miles. No car payments, just regular maintenance.

70K miles? Just getting it 'broke in'! &0K

My mom bought me an 1969 Opel Cadet for $1900 I was 16.

1973, I bought a new VW Beetle. The A/C add on was $250.00 which dogged that little air-cooled bug down, but I couldn't afford it anyway so the car was $2,195.00 My payments were $58.00 a month for 36 months. Many a night I lay in bed wondering if I could make those payments, so yeah, I'm that old.

@@subiesojourner777 I had me a bug once, a 1968. Loved that car. It was used though, only cost me $1200.

We bought a brand new Hyundai when they first came out $1800! Looked like a Fred Flintstone car. Husband bought it to drive long distance to work (160 miles round trip) every day. He did that for 3 years. Then we handed it down to our oldest daughter. It finally died 5 years later! Best car for the money we ever had! Lol

So how old are you, 189 😂😂😂😂

Those kind of cars are hard to find… new at least… fleet sales take up most if not all of the very few being made

High tech shit* cars

My 2009 Hyundai Accent has crank windows standard transmission, no power locks, but it has power steering and cold AC. Run's great!!

Those older cars were very profitable for my families car repair business. They needed constant maintenance. Newer cars from some brands like Honda and Toyota can go 200,000 miles with minimal maintenance. The new cars models that are the best are boring to own, but will cheaply get you where you want to go.

Get a Miata with manual!!

I did the exact same thing with me and my son's car going on 2 years now..we just keep the maintenance up..Best decision ever.

@@tscott2340 that’s great!! Sounds like you’re a great parent too!! Proud of ya!

Macys will be bankrupt in 5 years

Why have they extended the car payment term but not for houses? Why haven’t they enacted a 40 year mortgage as the new norm especially when Nikki Haley says we can’t retire until 70😮😢

@@momof4121there is a 40 year death note

I got out of the Bay area 20 years ago and left California almost 2 years ago. It was the best thing I did. My cost of living went down by 50% by moving to another state. I now have a cute cottage up in the mountains that's paid for. i get to breathe fresh air and have my own clean water source. No more long commutes, high crime, or homeless in my area. You couldn't pay me to go back to California.

You must be young. US cars built in the 80s were worse

@@davidh8293 definitely. Especially if the car was built on a Monday (hung over) or Friday (hurrying to start the weekend at the bar).

American Cars in the late 70’s and 80’s were worse but at least they could be worked on. Course, I drove a BMW 5 series and that was when they were cool cars.

Based on what I have been reading of people paying $800 to $1500 a month. $500 is kind of a steal! 😩

yeah I got my tesla for only $500 per month too

If they had not near bankrupted me i would say the world is full of idiots??? ?

$500 is insane. Been an adult for 35 years and never had a car payment above $380/month.

Pilots are good vehicles. Save my daughter’s life in a roll over. They bought another one with the insurance money.✌🏽😎🇺🇸

Check out dealer "Spring" Sale ads I got in my browser margin for Chevy Silverado 1500 crew cabs (from Austin TX). The "Custom" model (cloth seats, V6, basically one model up from the work truck trim) was close to $50K - on sale. And I think this price only applied if you financed with them. Oops.

What were his closing costs and mortgage points?

@ 66, get ready , it is coming soon 😂😂😂

@@dennynisevic7848 , well, I didn’t get the clot shot, so I have that going for me!

The....

mark....

of the demon....

hope you get another 30 out of it life is good without a giant car payment.

At least it will not not start becausez one tire is low on air...a

Environment wins too. It takes fantastic amounts of energy - electricity, oil, coal and chemicals - to make a car.

@@sailingaeolus exactly

I have an 02 truck with liability and its almost 100$ a month now, just 2 years ago it was only 65$

I bought a luxury car from a lady who was getting a divorce. It was 3 years old & I paid $10,500! Was going to keep my Ford Escape a couple more years but I told the lady that was all I had in cash & she took it! It was a timing thing - she was leaving to go on a vacation & just wanted to get rid of it & have extra cash. Yes, those kind of deals are once in a lifetime - but keep your eyes open.👀

@@davisholman8149 Absolutely! Buy from opportunity, not need. Don't be a hurry to trade, and wait for lightning to strike.

I watch Michael walk past these homes with the Bimmer's, Mercedes, big Lexus SUV's and Tesla's in the driveway, and you know many of them are hopelessly underwater - and that's before the insurance and registration tax bills come. In one of his videos, he walked past a Tesla 3 parked in a drive that had a small, mis-matched alloy on the front ... maybe bent the stock rim, couldn't afford to replace, or tires worn out ...?

Since risk is at an all-time high right now, perhaps you should be a little more patient but remember the bigger the risk the bigger the results. Alternatively, you can consult a trained financial expert for strategy.

No doubt, having the right plan is invaluable, my portfolio is well-matched for every season of the market and recently hit 100% rise from early last year. I and my CFP are working on a 7 figure ballpark goal, tho this could take till Q3 2024.

Who’s your CFP ?

Her name is “Vivian Carol Gioia” can't divulge much. Most likely, the internet should have her basic info, you can research if you like

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

Spending on women is like throwing whatever money you have into a Black Hole.😂

Yep people in 20,21& 22 bought new rides more than they could afford.. now food is thru the roof along with utilities and insurance going up and they are realizing they screwed up big time… this is why repos are rising fast… you gotta eat , you need lights/ heat you need a roof over your head - you do not need the latest and greatest ride- a 2010 car will get you to work just as good as a new one- car payments are a thing of the past the way the worlds going now.. unless you make big cash, they are not worth it anymore

This has been building for over a decade

@@toolwithintention yes

Great car! ❤

I appreciate that

Best wishes and stick with the being an electrician and get your training and license. You’ll be one of the skilled workers people actually need. Is there any way you can share an apartment or live at home for a while ?

I'm a 48 year licensed master plumber and I'd recommend getting your license. At a minimum that almost guarantees a job, but also allows the opportunity to open your own business.

that is a great trade to know...stick with it...its still better than some useless college degree

Maybe go into your HR/accounting department ask/change your W9 to 6, something less than ten [they don't have to report] NOW dbl check that threshold, my data is from that was back in the day. Anyway increase deductions for half the year KEY POINT do not be/get spoiled by the extra money - save it AND CHANGE deductions back to 0 or 1 after the six months. WHY? You are GETTING your hard earned money BEFORE inflation hits later in the year and save/generating interest. Seriously look into M1 or Wealthfront both are excellent/cheap/low buy in/easy setup 'robo advisors' [no brainer investment accounts] and WELL worth anytime doing a google research. When you do file, you will break even [no refund] or owe a small amount [don't freak I did too]. I used to, like all too many, LIVE for the refund, that was until and old dog like myself now explained my refund was just DEVALUED $$$ I had loaned to the government ALL YEAR for FREE! You got this bruh, work hard/stay at it/keep your nose clean, your electrical apprenticeship program will set you up for life. Remember "Drink more water, Read more books and Stay away from hoes" Cheers!

You got this, bruh - stay at it - Suggestion, on steady/OT jobs or your entire busiest half of the year claim the max on your w9 without requiring accounting have to report, used to be 9 BUT check. Take the extra cash and set up a 'robo advisor' account [M1 or Wealthfront] both solid/been around, cheap buy in/low minimal annual fees and you can set up auto saving deposit - ANYONE can set up, its fun and actually have some great projections how much you'll have in 20-30-50 yrs. Claiming more deductions for half the year will get you more of your paycheck NOW - just do not forget to switch back to 0 or 1 after six months. Doing this, your GOAL is to break even, will receive zero refund or need to pay a small amount at tax time. HERE is why you want to do this, like too many I lived for the refund until an old like me now educated me. By receiving a refund check I just got paid back from the government devalued money [inflation] for a zero interest loan that they used for a year! Refunds are tempting and often our only savings but it usually just gets pissed away. If somehow you save it, its worth less than earlier in the year. Check out those robo advisors or others I just have both are a great way to save. Get started you're MILES ahead of half your generation being in an apprenticeship program you will find invaluable for the rest of your life! All the best, in closing, I have a helpful sign on my fridge "Drink more water, Read more books, Stay away from hoes" words to live by! Cheers ...

Go, go, go, Bryan! I agree. I've got better things to buy or even save my money.

You need a lot of bread these days to buy bread 🍞.😂😂😂

Not to mention that the slices are smaller! I bought a loaf recently and couldn’t believe how much less you get.

@@buythebook2677 I'm retired American living here in Mexico and I just bought a large loaf of Oroweat bread for 57 pesos which is a little over 3 USD. Some supermarkets have the same loaf of bread for close to 90 pesos which is about 5 USD.

You can easily make your own for .25 a loaf. People are lazy

@@davidh8293 I'm not going to make my own bread to save a few bucks. Doesn't mean a person is lazy, it means they have the money and don't want to be bothered making it. We could make pizza from scratch and would you say people that order pizza are also lazy?

You got lucky, a lawyer huh, synonymous with thief

​@jjrr2273😂😂😂

She may have thought you were buying it for yourself, LOL!

Are you from San Diego? lol. Maybe a girl with a nose ring concerned about other people’s cats are an epidemic in the US

Thank you very much for the compliment and for sticking with me all this time. It’s a breath of fresh air for me to branch out and not just talk about real estate. Lots of other cool topics to cover out there keeps it interesting for me and apparently for many others too.

Health insurance went up 500.00 a month.

Can you dump the car and get a used one you can buy outright?

I paid cash for my house and car, I just like to say "The rent is too damn high!"

Yesssss

@@jamesbond007colt45loooool

i usually don't pay much attention to how much my costco trips take...........untill it broke $500

@@allencoffland1685 I quit going to Costco . Believe it or not I spent half as much know. Being more careful and only shop what’s needed. We don’t buy cereals anymore. We make oatmeal ,pancakes,eggs and toast. Much better for the body. Bake my own bread,cakes and cookies. Don’t eat out and drink coffee at home.

It’s all starting to reverse now though. All we need is patience.

@@MichaelBordenaro Yes and be ready when the Fed tries to stop what needs to happen as they always do!

What's crazy is investors are paying a massive premium for Apple stock but look at Apples product line.. the iPhone 15 is the same exact phone as the iPhone 13. It's not 2009 anymore... you can only make a cell phone screen so clear or the camera so good.. at some point you have refined that tech to what is physically possible or perceptible to the human eye/mind. The massive growth potential for Apple is gone. You can only dominate and entirely saturate a market once. Apples biggest competitor is last years Apple.

@@jonathantaylor6926 The "investors" are all playing with easy money and are simply "painting the tape". They are like Ivan Pavlov's dogs salivating at the Feds easing coming this year.

😆

exactly! this was about 20 yrs ago, but I was paying about $800/month for the privilege of driving... in total for my car, a Toyota Prius (car payment 400, insurance 125, gas 75, anticipated maintenance cost 25, parking 150, and then don't forget annual tags/registration and regular carwashes) it ALL adds up...owning a car is a money pit...sometimes I wish I just could get by w/an electric bike

Very true 💯

@@splash4891 Just read an article just this week about many batteries on electric bike catching on fire. Good luck with that electric bike !!

@@georgedreher2322 good to know, havent purch one yet...maybe in a year or so they will improve on that, thanks for the info

New cars are junk, how many besides maybe Toyotas/Lexus, are built for 200k+mi anymore?

And it’s only the middle of January

It’s never too late. Thanks for subbing today. Really appreciate that. Honestly just watching all the videos helps more than anything so that’s awesome. You’re enjoying my videos and getting something out of this. And yes, Texas is almost as F’d as Florida. Lol.

It’s a shame people don’t pay attention to their elected officials. Both parties are responsible for this and I wish people would hold them accountable but they won’t.

We had State Farm Home-Owners Insurance for over 20 years. Got cancelled last year. Live in Florida. And inland, NOT near the beach.

The govt is a majority of the reason were in this mess. All these regulations make cars exponentially more expensive. Add to that the insane spending and money printing.

Don't buy from these dealers then.

Watch @ kevin hunter the homework guy. He has great info on how to buy utilizing the FTC guidelines. All of these extra fees are unnecessary and not required. People can really begin making complaints to the federal trade commission about all this and get these dealerships in check. These "market adjustments" are a no go.

NO! They will not save us, only make things worse!!!! What the government needs to do is just let the free market fix this issue! As long as we kick the can things will get worse!!!! Let the dealers and car market fail. Let the fast food market fail. $20 a hour for a low skilled low physical labor job is not going to help anyone....

There laughing at them for being so stupid 😊

Mobile home is bad deal if you don't own the land it is on. They have classes showing the park owner how to make money by raising the rents so people cannot live there and are forced to abandon the mobile home for back rent. Then the park owner can rent the trailer and the land.

And old mobile homes that used to sell for 5000 are now priced at 80000.

@@JBoy340athe park owner cannot simply force you to abandon your property. There is a process called foreclosure. They have to take you to court and WIN and put a lien on your property in order to do that. It maybe cheaper for the landlord to let go the tenant then to go through that process.

@@noellecms If you cannot pay the new rent then they can foreclose. And going to court costs money that some people do not have.

i live in upstATE n.y my lot rent in 2012 was $280.00 a month now 12 years later its $345.00 a month that's only $55.00 in 12 years i've got the best landlord in the country he only raise the rent when his taxes go up, i ain't going NOW WHERE!

Maybe prices won’t come down much, if Blackrock-StateStreet-Vanguard keep buying up homes at inflated prices. These are trillion dollar investment companies with VERY deep pockets.

Yep, things have topped out and will be reeling back - real property values are my profession/have been since the mid '80s. Relax, stay away from real estate sales people [commissioned vultures that point out livingrooms for 6% of the sale] an opportunity will surface when the ball has been sitting in the buyers' court for a while. Cheers

Every two months there's a one trillion stop gap for government spending as well

heard all that in 2008 and s&p is up 400% from that high too.

@@midsummernightsdream60Things are different now. U.S. debt is much higher, BRICS nations are forming their own gold-backed currency, and Globalist psychopaths are about to force digital currency on us to roll out tyranny. 😳

Oh yeah, I remember how hard it was to get my first 1000 subscribers Carlos. How things have changed. Thank you for being one of them man.

I wonder the same

You will have a CRASH! A depression is what will bring down inflation but with a depression comes lots of side effects that will cause lots of people to lose everything!!!! I do not think it will happen this year, i am thinking we are 2 years away from it because the government will not let it happen and everyone is tied to the stock market via their 401k. You have to roll back minimum wage, and increase interest rates or leave them alone. We might be beyond a recession and i predict a depression in 2 years... The government will do lots of tricks to try and do a "Soft landing".. They will run out of tricks because the free market will correct itself regardless of all the tricks.

I learned to poop! 💩

@@McRemmyBaby probably all that GOOD food!😂😅🤣👍

Yep raised to fend for myself, valuable skills a plenty and keep working hard [kinda] nearing 7 decades on the planet's surface

I still have my 1969 and 1970 Chargers.

Knowledgeable Investors still know where and how to put money during a crisis in order to reduce risk and maximize returns. See a market strategist with experience if you are unable to manage these market conditions

Investing through an advisor who understands the market, however, is simpler and yields higher returns. I started working with my CFP with less than $100,000, and as of right now, I'm just $17,000 short of having half a million dollar portfolio.

@georgeh Pls can you recommend this particular coach you using their service?

She goes by 'HEATHER LEE LARIONI'. Just research the name. All of this happened in less than a year after she told me what to do.

She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing

How much is rent in Merida?

@@truthseeker1959 way less than Florida…I don’t know what you need but $1000 a month would cover most couples. Look on line about Merida.