@The M.I.C. do you reccomend paying off debt before stashing bread away? I should be debt free by the end of the year but going off the shyt you be talking I might just hold on to the bread in case I gotta play like Mad Max.
I recommend stashing at the moment.
Discover, Capital One, Chase, Bank of America, Wells Fargo, etc..all these financial institutions know what's up. Bank of America and JP Morgan have been the most vocal about the direction the country is headed financially (Google it) and they're doing so freely because they've already gotten money for your bad debt..
that bad debt is the debt you're still paying on. Those car loans, mortgage loans, credit cards, CRE loans....these covid bills already done helped their bottom line, the last one that's currently going through Congress is to try to insulate certain states and cities from ruin once this shyt falls apart..see, they're actively giving out all this money because this shyt is done. It's all about how much pain certain entities will suffer while we're transitioning.
They're insulated from all this bullshyt..I'm not saying don't pay but I wouldn't stress it, all you're doing is paying them double. Enjoy this time we're gonna have but be ready.. we're gonna have a spring and summer that's going to be reminiscent of life pre-COVID as folks say fukk masks and get money but that's not going to slow down the economic cancer.