BLOOMBERG: The Economy Boomed In 2024, But It's Starting To Crack...
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Top Comments (10)
My wife stayed home and raised our kids. I worked overtime every week for 14 years. Made a modest income. Maxed out my 401k asap. Learned to live off my paycheck. I did side hustles in handyman tasks for extra play around cash . I was a millionaire by the age of 50 and my income at that time hadn’t broke 70k per/yr from my normal job. I had the choice to retire anytime after 55. Retired at 61 my choice. There has been every kind of economy when i was working and inflation and interest rates. You know what it never deterred me from my plan. I worked from jimmy carter until Donald trump. Didn’t matter democrat or republican I excelled. The only thing that was missing was the internet and social media. So I had to go to the library and read books how to invest in the stock market for the average person and that made me focus on my personalized plan . People some times too much information is horrible. Be the captain of your own life and plans and goals.
Economy “boomed” they mean a lot of people ran up a ton of credit card debt just to make ends meet. The “Consumer” maxed out them cards.
Wage growth outpaced inflation last year? Well shit, I got skipped.
For a "booming" economy, I sure am taking it in the shorts and losing everything. It's almost like the elites who write these articles have no damn clue what's actually going on.
I had a ninth grade teacher (very much like the fellow who performed 'Too Sir With Love') who suggested wealthy folks were able to be comfortable wearing old clothes and driving old vehicles. Poor folks did not have the ability to be comfortable with an older vehicle and over spent to feel good about themselves.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/c075d3 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Mortgage rates are only part of the problem. Overly inflated home prices are the big problem.
Books are cooked, and so are the American people. Debt is not wealth.
Since my pay didn't increase I'm now taking home less money in 2025 than 2024.
The lower class will always be playing catch up! A lack of financial education in our schools is really bad for the average person. I teach my kids how to invest and keep their money!
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Top Comments (10)
My wife stayed home and raised our kids. I worked overtime every week for 14 years. Made a modest income. Maxed out my 401k asap. Learned to live off my paycheck. I did side hustles in handyman tasks for extra play around cash . I was a millionaire by the age of 50 and my income at that time hadn’t broke 70k per/yr from my normal job. I had the choice to retire anytime after 55. Retired at 61 my choice. There has been every kind of economy when i was working and inflation and interest rates. You know what it never deterred me from my plan. I worked from jimmy carter until Donald trump. Didn’t matter democrat or republican I excelled. The only thing that was missing was the internet and social media. So I had to go to the library and read books how to invest in the stock market for the average person and that made me focus on my personalized plan . People some times too much information is horrible. Be the captain of your own life and plans and goals.
Economy “boomed” they mean a lot of people ran up a ton of credit card debt just to make ends meet. The “Consumer” maxed out them cards.
Wage growth outpaced inflation last year? Well shit, I got skipped.
For a "booming" economy, I sure am taking it in the shorts and losing everything. It's almost like the elites who write these articles have no damn clue what's actually going on.
I had a ninth grade teacher (very much like the fellow who performed 'Too Sir With Love') who suggested wealthy folks were able to be comfortable wearing old clothes and driving old vehicles. Poor folks did not have the ability to be comfortable with an older vehicle and over spent to feel good about themselves.
Register for my free masterclass & get Market Briefs as a bonus: https://briefs.finance/c075d3 WARNING: LOOKOUT FOR SCAMS IN THE COMMENTS! There are many fake accounts impersonating me, and there are many bots promoting fake/scam investments. I will NEVER ask you to contact me through YouTube comments, telegram, or WhatsApp. I have a checkmark next to my name and my comment will be highlighted. Fake accounts do not have that. Please be aware of fake accounts trying to scam you using my name and picture!
Mortgage rates are only part of the problem. Overly inflated home prices are the big problem.
Books are cooked, and so are the American people. Debt is not wealth.
Since my pay didn't increase I'm now taking home less money in 2025 than 2024.
The lower class will always be playing catch up! A lack of financial education in our schools is really bad for the average person. I teach my kids how to invest and keep their money!