76% of Americans living paycheck to paycheck

[The_Unchosen_One]

I took a class my freshman year of high school where we taught very basic money management skills (how to balance a checkbook, credit v. debit, very basic accounting shyt). It was an elective course though, and I don't know many other kids at other schools who took a similar class. I don't see why at the very least classes like this aren't taught.

And there are A LOT of things that are very simple that are still taught anyway, because no matter how simple something is, you still have to be taught it to know it.

And it makes a lot of difference learning this at 17 versus learning it at 18. Once you're 18 you're already technically a legal adult, so you can actually go out there and make whatever monetary decisions you want without knowledge. And learning it in college versus high school defeats a purpose because of the large percentage of people who never go to college. It's not like those who don't go to college don't need money management skills, they need it more than anyone else most likely.

We didn't have any classes like that growing up where I was going to school so when I went to college the first time at 18 you get 5-6 credit cards in the mail about every week with an 800 number saying call to activate and here's your balance... at that time I was like cool... and then they decided they wanted the money back.... fukked up my credit for a long fukking time

 

[Domingo Halliburton]

did @Poitier comment yet? I didn't read through this thread.,,

 

[Kill Dat Noize]

Get ready for more of this as we transition into a service economy brehs. Fast food, data entry, selling tech products, etc. I was chilling with a chick from high school who was talking about how all the young people she knows are either back in college (community college) or working entry jobs. She's working at a call center making nearly 30k a year, no kids, apartment, etc so she's not doing bad...but it's a dead end job.

People don't understand that businesses are sitting on billions of dollars right now, with little interest in spending it to advance. And it has nothing to do with taxes, I know that first hand. It has to do with increases in worker productivity. Why hire 5 people when you can use 2 to get the job done? The recession forced companies to get smarter, and now they're caking while still using a recession gameplan.

When you hear politicians talk about cutting taxes, ESPECIALLY corporate taxes, recognize it's a scam. The companies are making ridiculous profits but not expanding. Why? Because they don't need to.

And this is the problem. The people at the top don't wanna give back to the system. It's just take take take.

And then they got politicians in their pocket who in turn spin that shyt around and point the blame at poor people.

Rich people are destroying the middle class, not poor people.

Soon it's gonna be like in those old fairy tales where a princess would be riding in her chariot amongst a sea of peasants. No middle class, just the wealthy and the poor.

 

[88m3]

And this is the problem. The people at the top don't wanna give back to the system. It's just take take take.

And then they got politicians in their pocket who in turn spin that shyt around and point the blame at poor people.

Rich people are destroying the middle class, not poor people.

Soon it's gonna be like in those old fairy tales where a princess would be riding in her chariot amongst a sea of peasants. No middle class, just the wealthy and the poor.

You have a job though right?


You can buy Jagged Edges new city whenever it drops?

 

[EndDomination]

Where does this belief that taxes will solve the problem come from?

Its actually pretty interesting, because with more tax revenue, the government could use the profits directly for public education.

 

[EndDomination]

Raising the minimum wage would help.
Public Education with an emphasis on real-world teaching alongside the curriculum already in place would also help.
Reducing the price of public secondary education by denying federal grants to for-profit schools, would help prevent massive loans on the general public.
Just a few things that solve the problem. 30K a year can help a single person live comfortably, if they don't have much debt and never fall behind on any of their payments, or miss work, or get injured, or lose transportation, but those are a lot of "ifs."
The system is set up to keep people poor.
And to make sure that poor people are kept poor, too.
Why do you think the funding for public schooling is based on the housing values of the surrounding neighborhood? Poor neighborhoods have poor schooling.

 

[EndDomination]

And this is the problem. The people at the top don't wanna give back to the system. It's just take take take.

And then they got politicians in their pocket who in turn spin that shyt around and point the blame at poor people.

Rich people are destroying the middle class, not poor people.

Soon it's gonna be like in those old fairy tales where a princess would be riding in her chariot amongst a sea of peasants. No middle class, just the wealthy and the poor.

It was like that in the 1930s, think Robber Barons, and its happening right now. Remember, if the wealth in the US was equally spread out, we'd each get $300,000 a year.

 

[infamousred]

raising minimum wage won't do a damn thing if people are too stupid to save their money. nothing worse than someone who gets paid on a friday and come monday morning they're broke and asking to borrow money.
"oh i've got child support payments"
wear a fukking condom retard.

 

[DEAD7]

Its actually pretty interesting, because with more tax revenue, the government could use the profits directly for public education.

 

[BillBanneker]

Not really surprising considering the emphasis on consumption in this country and:

A expansionary monetary policy over the last couple of decades, with stagnate wage growth

 

[BlvdBrawler]

I took a class my freshman year of high school where we taught very basic money management skills (how to balance a checkbook, credit v. debit, very basic accounting shyt). It was an elective course though, and I don't know many other kids at other schools who took a similar class. I don't see why at the very least classes like this aren't taught.

And there are A LOT of things that are very simple that are still taught anyway, because no matter how simple something is, you still have to be taught it to know it.

And it makes a lot of difference learning this at 17 versus learning it at 18. Once you're 18 you're already technically a legal adult, so you can actually go out there and make whatever monetary decisions you want without knowledge. And learning it in college versus high school defeats a purpose because of the large percentage of people who never go to college. It's not like those who don't go to college don't need money management skills, they need it more than anyone else most likely.

This is actually a good point. I took an Economics class my sr year of high-school. It was a requirement, and at the time I was like, "Economics? Da fuq do I need to know this for." but just like you said it was a summation of some very simple concepts that despite their simplicity, need to be taught.

 

[Type Username Here]

From Sweden during the recision and post-recision period:

As the country faces an economic slowdown amidst global market uncertainty, workers are stretching their paychecks more than ever. Nearly a quarter of workers (23 percent) say they always or usually live paycheck to paycheck just to make ends meet, according to a new survey of more than 550 workers by Jobbguiden.se.

http://www.prnewswire.co.uk/news-re...heck-finds-jobbguidense-survey-154943375.html

76% to 23%.

 

[Hiphoplives4eva]

Stem majors are only for a gifted few. Most peoplethat go to the field end up with some kind of mental problems. Extreme stress will cripple most people. We need to have an abundance of good paying jobs in various fields like in the 70s again.

please stop talking out of your ass.

 

[Wild self]

please stop talking out of your ass.

That shyt is only for a gifted few. That shouldn't be the norm.

 

[GetInTheTruck]

This is actually a good point. I took an Economics class my sr year of high-school. It was a requirement, and at the time I was like, "Economics? Da fuq do I need to know this for." but just like you said it was a summation of some very simple concepts that despite their simplicity, need to be taught.

Parents should be teaching children basic money management skills. Why should schools waste time and resources doing the job parents should be doing?