Is it time to move back to the hood to save money and live below your means?

[The Intergalactic Koala]

"fukk the hood"

-the bucktooth guy that got shot 9 times and raps about it

Seriously, I'm at a point of my life that desires better beyond the means. I used to have this mentality of wanting less and just settling for what I have. However, there is a difference between processions and having peace surrounding you.

I have been in the trenches, experienced hardships, my family endured poverty, ups and downs, homeless shelters, broken down hotel rooms, and living in a car for two doors.

The fukk I look like going back to the place I was born and raised in . I would rather help from yards, then get into an inch of problems that comes with the hood (especially involving these jits).

On a World of Warcraft perspective, I like being a Alliance member from my Horde upbringing

 

[Chrishaune]

I can just imagine all the frivolous spending for this big a drop. It can't all be due to inflation.

Americans Have Burned Through Their Pandemic Savings​

Infographic: Americans Have Burned Through Their Pandemic Savings

This chart shows estimated cumulative excess savings built up during the pandemic and drawn down since

www.statista.com

It's on purpose breh. Taxes going up. Tariffs. They know exactly what they are doing to the people. It's enslavement.

 

[Shadow King]

What are you hoping to see?

Categories that demonstrate people spending recklessly instead of the necessity that has come with post-pandemic inflation/price gouging.

 

[Pressure]

Agent babble

 

[#BOTHSIDES]

I can just imagine all the frivolous spending for this big a drop. It can't all be due to inflation.

Americans Have Burned Through Their Pandemic Savings​

Infographic: Americans Have Burned Through Their Pandemic Savings

This chart shows estimated cumulative excess savings built up during the pandemic and drawn down since

www.statista.com

Who’s to blame?

 

[AllHolosEve]

-I never moved out the hood, I don't live beyond my means & I save most my money. The problem with most people is the move out at 18 mentality that Americans are trapped in coupled with reliance in credit. Most people move out, get dependent on living beyond their means & can't survive when shyt hits the fan.

-People need to look at their own situations when they make these decisions. If your hood's relatively safe for you & your people go back & stack up your money.

 

[Michael's Black Son]

Living within your means is very tricky and almost impossible for most. Massive debt is just part of life in America. Some would even say, if you have to pay 30 years (mortgage) on something, you can't afford it. So what is living within your means??

Breh it depends.

A lot of us grew up with nothing so we are always insecure about money even with good, “stable” job so you always worry even tho you’re not starving.

But you’ll always be connected to what you been thru and we all have people still in the so called hood who will likely never make it out.

Then you have people who simply make great money. High earners all around us and it’s just a matter of if they are in your friend group — especially corporate types.

At some point everyone has to make a choice if they will roll the dice on themselves and get the big bag or be a regular person which is fine. But most regular people are at the mercy of the game, like crazy egg prices or your job making you get a vaccine.

Going back to the hood is ok — I guess — but you know the shīt that comes with it. I’d go back if it came to it but that part of my life is over.

 

[JT-Money]

great info. I just dont understand how people keep spending what they dont have. Theres a whole lot of us living a lie as my mom says.

So many people are addicted to shopping. Every single day I see UPS and FedEx trucks delivering packages on my street. As long as you access to easy credit. People will continue spending themselves into the poor house. Combine that with the fact most people are financially illiterate. Most don't even care about interest rates their being charged.

 

[MajesticLion]

ball til you fall
hood rich
til the feds come and get me
gotta stay fly




Who knew that people would actually take it all in verbatim, right?

 

[JT-Money]

Who’s to blame?

A combination of stupidity and low self-esteem on part of consumers. Buying useless crap to feel good about themselves.

And Government selling out to Corporations by sending good paying middle class jobs overseas to reduce labor costs. While at the same time continuing decades of deficit spending which leads to much higher inflation.

Once access to all this easy credit dries up more people are gonna end up homeless. The pandemic was the perfect time to force people to get a bag and get out of debt. That's exactly what I did.

 

[JT-Money]

A story came out not to long ago saying over 50% of consumer spending in the country is the top 1 percent

I know so many people with over 20K in credit card debt like it's nothing. The rich probably do have a ton of debt also. But they tend to have more assets they can sell.

The average person might have one asset their home. Which they would lose 6 months after a job loss. Very few people have enough money saved to last 3 months without a job. I know people paying 1K a month on student loans. Them shyts is predatory and your making a house payment for a degree when you can't even find a job.

 

[ItsPeople]

given the history of the bc it’s in our psyche to stunt when we get a sniff of paper…GENERALLY SPEAKING, even if subconsciously. Look how we clown each other for drip, god forbid people you know see you coming out of a thrift shop or food bank. Or driving an old car that just gets you from point a to b. It does fukk with your mental since it’s human nature to want to fit in.

but but but other cultures also clown you for those things…SHUT THE fukk UP.

 

[rabbid]

I honestly just don't see how living a normal life is sustainable. The rat race sucks. You have to hustle in America because just having a decent wage, there will always be some new fukkery that the government puts you through, or the economy, that throws your whole shyt off wack. Your girl divorce you, you get in trouble with the law, have one bad night, wrong place wrong time.. it could all be over for you. Back to square one.



Being broke is expensive, just getting by is damn near the same shyt now. Having munyun is really the only way to live comfortably in life. Now if you're living within your means with some sort of plan, I guess that's different. But just out here working everyday proud of your 9-5. It's not sustainable at all imo. Then dudes out here making six figgies and your girl don't work or bring in any income. y'all next up on the list.