Destiny Gives One Of His Most Conservative Takes

[@otmanh]

This is only a conservative take in America. Here in the Netherlands we have policies in place where institutions help you to get out of debt. If you screwed up too much for instance you'll be put under a type of "conservatorship" against your will. If you haven't too much but still need help you can ask for help for a "voluntary conservatorship". Your debt is registered here just like in the States, but banks and such are under a much more stringent laws to deny you more accumulation of debt. This comes all from The Left where they approach it humanely and say "ok you fucked up we're going to help you and stop you from getting deeper into shit" instead of "you fucked up now wither and die".

[@table_salt]

Oh shit, I've never heard of that 😮

[@zbigniewp1810]

Most countries have something alike, usually it's related to credit score. But then those economically illiterate will turn to the black market, and what is in essence usury loans. I know a woman who inherited land worth like half a milion EUR, and 5 years later the land is gone to an usurer and she's still deep in debt. And all the borrowing was for consumption only. I guess I should listen to the left and pay higher taxes to help people like that, despite myself coming from nothing.

[@benchoflemons398]

The same institutions exist in the United States and are government funded but are consensual. You have to keep in mind the US financial system is far superior to the Dutch/eurozone system. People have far more freedom and optionality at low or no cost for better or worse

[@mrj1299]

@@benchoflemons398 Haha yeah far superior. That is why your country has 33 trillion in debt... far superior. Give me a break dude.

[@alvinsheczlek5243]

Only idiot followers in this channel would blame the financial irresponsibility on our government. Yea that is so “conservative” to have a government step in, decide that you screwed up and take over your bank accounts? Some of the biggest business owners in our history were built on taking a risk on huge credit, but we need the government to decide if these ventures are just “screw ups”. The US, by far is the best place to give you opportunity to open a successful business

[@RGS578]

My roommate was a perfect example. I owned the property, got a great deal on a used car, cook for myself every day, have a strict budget, strict savings plan, etc. My roommate was unemployed, ate out every day, traded in his older car for a $30,000 car, took out a 13% interest loan for it, smoked pot everyday, drank every weekend, complained about his finances and would ask people for money. When we were talking about it, I asked him what his budget looked like, and obviously he didn't have one. So when I let him know I would be happy to help him make one, and he can use my spreadsheet as a template, he just says, "Nah, budgets aren't my thing. It wouldn't help me, my system is fine." But it's clearly not... It's just an outright refusal to help himself. It's hard to care about poverty, when every time I come fact to face with someone that's poor, they're just making the absolute worse financial decisions over and over, and refusing to change. At a certain point you just go, "This is what you want? OK. Whatever. You do you mate."

[@candorsspot2775]

Socialism will ensure you pay for the poor choices of others. This is why I don't understand the left.

[@vvzilla6211]

i suggest you look up Bridges Out of Poverty by Dr. Ruby Payne edit: A Framework For Understanding Poverty by same person

[@onsetaugust]

Nah, Trumps fault

[@legitpotshot]

No dude capitalism is making him miserable so he has to eat out every day and smoke weed and drink and take out loans he can't afford to cope with living under late stage capitalism. Let me guess you think he needs to pull himself up by the bootstraps? You just need to accept the fact that you are a fascist.

[@Dermaa]

Compare fiscal irresponsibility with something like teenage pregnancy The way we as a society dealt with absurdly high rates of teenage pregnancy was by implementing sex-ed in all state schools, instead of relying on parents and others in a persons circle as they're growing up to "give them the talk". This results in way lower rates of teen pregnancy Fiscal irresponsibility can be heavily curtailed by having compulsory Financial-ed. Instead, it's currently left to people in a persons immediate circle to "give them the talk. which has pretty obvious results.

[@ab3240]

out of curiosity, what do you think that would even look like? imo reducing teen pregnancy is way easier. my experience of that was basically just being told about how much stds suck and contraception for a semester, which seemed to work pretty well. finances seem harder to me because our financial system is pretty complex and most high school students have very little exposure to those sorts of decisions. it would be one thing if high schoolers were already itching to budget things or pick up jobs but most kids are not thinking that way at all if you think this is a viable solution and just hasn't been done anywhere yet, you should consider why. it is possible that this already happens and is ineffective, or does not happen more because it's not very effective? i had an optional (very useless) home ec class in HS that dealt with some basic forms of budgeting and things like that and I didn't even remember having it until I read your comment lol

[@stepfaniehawkins205]

@@ab3240 you're right teenagers aren't thinking about any of this financial stuff..... Want to know why? Because nobody is exposing them to it!!! Nobody is actually sitting down with these kids and expressing how important it is to learn what it all means!! Every person in America has to have money just to get water at their house! That's how important a dollar is in this country! If a person does not learn how to handle their finances and operate in this capitalist system it can lead to being homeless in the streets. Perhaps we should be telling our children something about how a dollar works, and about the systems and institutions in place that make your dollar work! Sure these are complex topics, but I don't think your suggestion that we just skip it because it's complex is really the right thing to do... .when like I said.... Everyone in America has to have a dollar just to get water! Skipping all of this stuff leaves these kids as completely ignorant, as your suggestion to do so is.

[@Dermaa]

@@ab3240 how do we teach other complex subjects like mathematics, science, IT and so on? Start with simple forms of it in early education and introduce more advanced things as the kids go along. imo, those basic budgeting classes that you had in high school should've taught in elementary school. Ideally alongside mathematics. Maybe having an in-school currency, bank and stock market for kids as well as ways to start a business within the school would help them get an understanding of how to save, budget and build wealth.

[@ab3240]

@@stepfaniehawkins205 my point is just that kids don't care how it works until they can actually participate. same way they don't care how sex works until you give them contraceptives. same way how they don't care how alcohol works until you let them have a drink on occasion. "this will help you later" is incredibly uncompelling, and it is very true when it comes to budgeting and money. i think this is the main reason why adults struggle so much being financially literate, even though teaching financial literacy in schools is incredibly unpolitical and should be easy. please take five minutes and consider why educators don't already do what you're suggesting, since for whatever reason you are convinced that it would work and isn't already happening. i am telling you they already do and it does nothing. i was sat down about budgeting and money for like a third of a semester. so were all of my classmates. absolutely nobody cared or remembered anything that was taught. it felt like elementary school math with extra steps. i never said we should skip it lol. i said it was ineffective, which it very obviously is. if the best implementation of the thing you describe is to tell them "something about how a dollar works, and about the systems and institutions in place that make your dollar work" then you live in some fantasy world if you honestly believe that the vast majority of highschools in the US don't already do this. this means what you describe is not the solution you think it is.

[@fungdark8270]

@@ab3240simple as explaining compound interest/gains and how to not spend all your money on literal garbage. Budgeting, investing, affordable living, much easier I’d argue than getting teens to not go in raw

[@swillz1416]

100% agree with destiny, like killer mike said u have to learn to live below your means, I've been really trying to rethink how I spend and save money, the job that I do I travel alot so started taking the bus and trying my best not to buy food but prepare lunch early in the morning, little changes like this actually make a big difference by the end of the month.

[@kinalbrien6357]

being able to cook is a huuuuuuuge money saver, you just gotta find some meals that can be made in bulk, fill you up, and taste reasonably good (for me thats almost anything with lentils)

[@mrj1299]

100% agree. Learned cooking with 10 and it saved me a lot of money in the last 20 years. 👍👍

[@floatingeyes720]

I stopped eating food all together. Saving like a motherfucker.

[@RailwayScholar]

Me smiling from my European country laughing at how workers in the richest country on earth are forced to live below their means. Edit: their means being 8$/hour. holy fuck. what do you have to say for yourself?

[@swillz1416]

@@RailwayScholar I'm not from America I live in the Caribbean. Since covid I've been sending in resumes for better paying jobs but never got call back until I got the job I have now so I'm trying my best for now.

[@etp7393]

this is why they should make finance or economics a required class in highschool

[@TheCamoruneGaming]

In some states they are required. The problem is that in high school very few of the people forced to take the class actually care and will absorb the information for the long term.

[@ilovecoffeev]

Fuck that. Take it a step further. The government ought fund financial advisors for anyone on government assistance.

[@bruhdabones]

It’s required in Wisconsin

[@DivusMagus]

It was required for my highschool diploma in California, the problem is they only had it for a semester, while we have 4 years of Math that practically no one remembers the bulk once they leave highschool cause they don't use it in day to day life.

[@aromata1]

There needs to be a large servant underclass working menial labor jobs, why would anyone above that want to teach that lmao?

[@shteamerr]

>take debt >just don’t pay it back Checkmate

[@badart3204]

Medieval nobles don’t want you to know this one weird trick to erase your debts

[@IL_Bgentyl]

The biggest disservice is our education system not teaching opportunity cost. Yes you can afford a lot of stuff but you sacrifice endless future opportunities.

[@kangaroomax8198]

Who needs the education system to teach people this? How do people not understand that if you spend a lot now you won't have that money in the future? Are they morons?

[@zbigniewp1810]

​@@kangaroomax8198 most are not, but many are. If you talk about 15-25% of society, it turns out to be a huge problem.

[@kangaroomax8198]

@@zbigniewp1810 If people don't understand by age 15 that if you spend all your money now, you won't have any later there is nothing additional that school will be able to help them with. It's like learning about basic nutrition in elementary school, and then still needing to be taught that a diet of chips and pizza makes you fat. If you are legitimately that stupid, then you're hopeless. I don't believe people are that dumb. Anyone would be able to explain that concept if you asked them to. They are just addicted to materialism which it makes it harder not to spend money, even though they know they probably shouldn't.

[@zbigniewp1810]

@@kangaroomax8198 i agree, but it still is a problem

[@antsman6795]

@kangaroomax8198 People understand but they fail to take action. Having that stuff hammered in more could have help in people understanding the gravity of those decisions more especially with children and teens as their brains are developing. So it is not so much about the fact that people don't understand but more that they lack the way of thinking to make it happen.

[@MelkorHimself]

Yesterday I read an article that had the average household credit card debts by state. Hawaii topped the list at $10600, and Wisconsin had the lowest average debt of $6200. Even the low end is still bad.

[@thehightowerbeats]

destiny needed factorio in first person and now he has it. well done

[@rohanjarande]

All his distribution is sh*t tho, he's basically using two to three times the resource veins that he actually needs to feed his machines lol.

[@SAGERUNE]

The temptation of using it is the danger. Not inherently using the credit, but the potential to overuse. As your guest states, if you treat it like your bank account, pay off your purchases, and use it as a float or buffer to your own financial burdens it helps immensely. Think of it as temporary hit-points in D&D, or your shield in *insert popular fps.

[@Kingpincognito]

Teaching financial responsibility in high school would go a long way. And Civics.

[@shilowaters6082]

Teaching anything in High School would go along way

[@GameFuMaster]

yeah, but then how would credit card companies be able to prey on people?!

[@kangaroomax8198]

@@GameFuMaster Right, it's credit card companies fault that people are morons and overspend unecessarily.

[@GameFuMaster]

@@kangaroomax8198 credit cards literally wouldn't work if it wasn't for a bunch of people who pay those ridiculous interests. The amount you can "overspend" would literally be much lower if you didn't have access to a credit card. There's a reason why loan sharks are illegal

[@yolkthosenuts]

people act like personal finance classes weren't a thing. i see the same people saying this that were retards in the class and didn't pay attention.

[@xXBoogiepopXx]

Been using a credit card since I became old enough to have one and now im sitting on a pretty handsome credit score. But ive grown to absolutely hate having any amount of debt on my shoulders. Im very conscious of it all the time, like there is something physically on top of me. Whenever my balance is too high for comfort, I'll recluse for months and hoard money until its gone. Its no way to live. I dont even know if my credit score will help me with where im going in life.

[@LordOfAllusion]

Based af. This was stuff that was part of things like Home Ec where I was. In Home Economics I learned how to cook, how to sew, how to use coupons, how to budget, and how to invest in the stock market.

[@awsomeboy360]

Credit Card with financial responsibility is beautiful. However, if you don't have financial responsibility, it literlaly becomes a burden lol.

[@alyxbabineaux2412]

in my experience, if one of my classmates in my childhood told me his family was poor, that most likely meant that one of his parents or both had an alcohol or other addictions and even in my case, if my father didn't spend 80% of his income for alcohol, our family would be pretty much middle class, and that sucks

[@12SlimJims]

How to do your taxes, finance, economic, and common sense classes should be a prerequisite before high school graduation and prerequisites for colleges.

[@SenorJoeBiden]

Great to see Destiny talking about this! I work in Finance, and sooo many people lack this basic financial education. Destiny could genuinely be helping so many people in this area by talking about this.

[@RailwayScholar]

I remember a tv interview after the 2008 financial crash where some fat money bags sat there and said "instead of raising taxes on the rich we could also raise taxes for the lower classes and see how they could improve financially. a lot of lower middle class families have fridges and washing machines. they don't need those necessarily, why don't they sell them?"

[@kallistikaleid]

1:20 I am an example of this. As a wee lady, I saw my mom get the shite beat out of her, then saw my stepmom get the shite beat outta her, and then I grew up to be hyper aware of violence towards women. Gods, I've had girlfriends beats on me and I stood there and took it probably because even raising up my hands to defend myself feels too much like "raising my hands" to a woman. Seeing it happen makes me snap, like way too unreasonably hard. I just ended up the inverse of how I saw a man act.

[@alvinsheczlek5243]

And that’s why you’re attracted to destiny’s channel. The inverse of a man

[@Under_the_Iceberg]

I don't think there is such a thing as reacting "unreasonably hard" to violence against women.

[@zbigniewp1810]

​@@Under_the_Iceberg when it inhibits his ability to defend himself from violent women it is exactly that.

[@anubis7457]

@@zbigniewp1810Oh yea because women are the problem 🙄

[@ooze5752]

@@Under_the_Iceberg so if seeing a woman get slapped triggers a panic attack that's reasonable

[@Mr.Witness]

Ideas . Fundamental basic ideas . Which is to say Philosophy and values is what pushes people in one direction or the other

[@1223santigato]

Hey destiny, I hope you read my comment. I disagree with you on some things as I am on the other side of the spectrum but I love how smart you are and how balanced you are in your view. You are the kind of a guy a conservative person will reach to achieve a well balanced, the most possible in-the-middle conclusion.

[@beargrill42]

So many problems could be solved if people were simply better.

[@MattPhannyPack]

Right, so please go and “be better” somewhere else.

[@badart3204]

We wouldn’t need laws if people weren’t shit heads for example

[@capo4ever334]

I get zero interest credit cards and use them then pay them off as I go and then never use them again once the internet period ends. I do this if I need a big purchase like a new couch or something and I get 12-18 months internet free but the thing is you need good credit to have access to those types of cards

[@10pjesus]

Your discord tore me apart for saying this + equity depreciation is causing a huge housing crisis a year ago

[@AspiringDevil]

My favorite thing about a budget is you can still treat yourself you just learn what you actually value. If I want to do something like buy a game I can just look at the budget drop soda or replace some meals with cheaper options & then bam I'm getting to have all the tentacle sex I want in BaldersGate3 without jeopardizing anything.

[@trapsarentgaymcgee5202]

[@eligoldman9200]

Credit is only useful when you buy assets.

[@next_door_rigil3270]

I save quite a bit but also I am not looking to improve my life. I find that the key to my happiness is finding happiness now, not keep investing on future happiness. Being happy with very little is a very freeing thing.

[@TriggeringOpinionsandFacts]

The word you were probably looking for is the time value of money. It works in your favor when abstaining spending via handing money to someone else via some investment while it works against you when using credit as your credit expenditures are someone else’s investment. They get your interest as income the way you would get interest income from investing in bonds. Even simpler would be real estate. Time value of money is basically the central concept of finance. The idea that for every level of risk and every time frame there is an investment/ asset out there that’ll promise you the max rate of return. And you use that rate of return to discount any money to be received in the future for that time frame. It’s also how you discount your expenditures on credit today vs the future. Is it really worth it ?

[@ZaZaZoo22]

I basically heard Ben Shapiro make this exact take years ago to a High School audience. I think it’s true.

[@abstractdaddy1384]

Yes the classic, "have you ever heard of a poor person who's good with money?" Haha, I'm mostly on the left but I understand this sentiment. Also, I wonder if Destiny's guess of how much poverty would be eliminated from better financial habits was a bit low.

[@kaighSea]

Its good to see you consider a "conservative" take interchangeably with "logical" reasoning. Keep on choosing the red pill. This line of thought will lead you to fully see the light.

[@eligoldman9200]

Basically I just buy things over $100 on credit. If I have debt it’s usually cuz I ate out too much. But it’s never by a massive amount. The lost I’ve had in backed up payments has been like $650 which was due to car problems.

[@St1kyFinguz]

Wow...I will use that in the future.

[@reasonabledictator8993]

Growing up dirt poor you almost have to make poor financial decisions to survive. I've been in situations where I've had to max out my credit card that I was lucky to even get approved for in order to even eat. People that don't grow up that way. Don't understand why someone would do that.

[@goRoberth]

how do you max out a credit card by buying food??? what was your limit?

[@reasonabledictator8993]

@@goRoberth It's not just food. I had to pay gas and electric bills too. I just find it funny when people with any sort of generational wealth can't fathom why people make certain financial decisions. Now when I'm up I obviously fix it and get back on track. I don't continue to make those same decisions, but I've definitely gotten into debt, just surviving. The guy in the video talks about 'why would anyone not get an Amazon card to get 5% back?" Yeah it's called getting approved.

[@reasonabledictator8993]

@@goRoberth The limit was only 1000

[@goRoberth]

@@reasonabledictator8993 jesus, i think you're the one with generational wealth if the limit was 1000$

[@chickenandksivideoreviewer9739]

No. That's some lower middle class shit. You never need to go into dept to eat, pay your bills late if you have to

[@tymuller7272]

Investing in your own financial education is a must for someone wanting to live a good life in the west

[@Awesomeficationify]

I never understood credit card cope either. I struggle with short-term gratification issues, and even I pay off my credit card every month. It seems like a simple concept. The debt is delayed and will come back with a vengeance if you ignore it. But maybe it isn't as intuitive as it seems?

[@Vic2point0]

As a conservative, I appreciate him saying this. And I suppose by contrast it could be said that I'd be giving a slightly progressive take in saying "The primary reason for poverty is a corrupt government system". I do believe this, but I still think it began with giving the government too much power. Power corrupts, and so we have that system today which refuses to reverse course despite knowing that we should.

[@Kloutkulture]

You have got to be INSNAE to leave your money on PayPal. They’ll lock your ish up so quick. I’ve had multiple businesses on PayPal get locked out the blue. Started withdrawing asap after that. I have stripe now but it’s set to auto transfer

[@nickelback3360]

1:15 Destiny does know. It’s GENES (and peer groups)

[@doug6839]

Destiny has it right the guy on the call doesn't understand that some people can't have the temptation of credit at all, if you suck with money and borrow irresponsibly you will keep doing that and end up always below your means and trying to use credit card for 5% cash back is what makes credit card company's some of the richest companies in the world. Finance is a lot like diet it's 90% behavior and 10% head knowledge. If you are irresponsible around food you can't have little Debbie's in your pantry like people who don't have those problems get to.

[@TophinatorStreams]

Ugghh…finances. I’m usually not that great with finances, so I just defer to my wife who likes dealing with finances. The other day, I was talking with her about how they’re going and she couldn’t give me straight answers. I found out why, seems we’re pretty far into a credit hole. We have a pretty good plan going forward now, but I really shouldn’t avoid checking on our accounts. We’ll be back to normal next year, so no real biggie.

[@freeman7079]

Take a drink every time Destiny ends a sentence with “mmyea”

[@CRobinsonpk]

Somebody listened to a lot of Dave Ramsey!

[@MrTranzformer1]

There's plenty of reasons to buy something you can't afford on credit such as food say if your gonna get paid later? What's wrong eating some interest to get what you want now

[@NissaNissaTFT]

A lot of people stay poor because the insurmountable amount of stress that comes with being poor is *lightly* alleviated by things that cost money. Had a really fucking bad/long day at work? I'm gonna buy that game I really want. Really exhausted from working all day? Fuck it i'll order pizza. Things like this build up and exhaust any disposable income people who are ALREADY down on their means have. Mental health is a large part why people remain poor.

[@deagle2yadome696]

great take fr

[@seileen1234]

True

[@TurtleChad1]

First thing to overcome being poor is eliminating the poor mindset.

[@S.Archer]

*100% it starts with mindset and will. Everything else slowly falls into place*

[@Tyler56866]

Mind set is a super powerful thing in general.

[@Not_CIA]

First thing to overcome being poor is eliminating the poor -mindset-

[@RolaiEckolo]

​@@Not_CIA username checks out

[@ilovecoffeev]

How does one do that exactly? By flaunting name brands?

[@creosjediacademyguides7103]

"this is gonna be my most conservative take"....spits one of the wokest lines I have heard in my life. In very poor countries most poor people don't have a choice and can't get out of poverty, but in western countries being poor is almost ALWAYS a choice because everybody got so many possibilities

[@RanEncounter]

Sure you get possibilities, but people don't know what they don't know. This is a problem. You cannot even understand what is your specific problem is if you don't have the knowledge to determine that.

[@creosjediacademyguides7103]

@@RanEncounter with how accessible the internet is, staying ignorant is a choice as well. It just annoys me how woke people try to debunk free will, discipline and accountability. It's the same as with "being overweight is a disease and not a consequence of personal choices"

[@RanEncounter]

@@creosjediacademyguides7103 There is no free will. Discipline and accountability are learned skills. How is this so hard to understand? A lot of things you don't know that you don't know exists on the internet and you are not educating yourself on those things like they are not. Heck you cannot even come to the rational position that there is no free will even when you have access to the internet and all the possibilities to do so. You are on most topics as ignorant as they are.

[@ab3240]

@@creosjediacademyguides7103 Most information online is crap and when it comes to finances there's not much "knowing more" can really do for you when you work shit jobs. I'm not going to tell you it's any harder being poor here than it is in developing nations but existing in the US doing unskilled labor might as well make you a second class citizen unless you work for a government agency. Being financially savvy and poor sure beats just being poor but I don't care how much you know, you're not getting out of poverty with a job at Walmart if you "just make better choices and hold yourself accountable." Your comparison to being overweight doesn't really hold too well either. Most of the western world is terribly overweight. Personal choice is a huge factor and truly the only factor that really matters when it comes to addressing health on an individual level but it is clear and obvious that population trends emerge from environments, not individuals. In the grand scheme of things being overweight is a public health question more than anything else. That is the lever that will make the greatest difference. Doesn't mean anything to individuals suffering from that though, obviously. All that matters for them is what choices they make. People "debunk free will" because most people similarly situated tend to do the exact same shit. Hardly anyone is exceptional, and most people finish life the way they start it.

[@creosjediacademyguides7103]

@@RanEncounter nice assumptions about me man xD there is no objective free will, the only free will I was talking about was obviously the subjective free will, the feeling like you can freely choose things, everybody has this psychological framework. It's predetermined beforehand whether somebody will succeed in life or not, but nobody knows it beforehand, it's not humanly possible to learn and remember all the little factors that affect someone's decisions. Therefore, for us it's irrelevant whether free will exists or not, it's not something you should bring up in a conversation about practical things like working hard. With our limited knowledge we can safely say anybody can change their lives out of the blue like David Goggings.

[@100AcreWoodz1]

Everyone should the book "atomic habits"

[@DB-rp2gj]

That guy was right. I treat my ccs like a bank account. I ONLY spend what I know I can afford. I also grew up poor so I learned to save every possible penny I earned and not to spend wrecklessly. I also don't like owing people anything because of seeing how my dad would just borrow money and never pay it back. I did not want to become my idiot father and constantly owe money to people.

[@Col.Klink.]

Dave Ramsey!!

[@unklewigglez]

Why is being financially responsible and having common sense when it comes to money considered a conservative take?

[@KellyfromMemphis]

POLITICS please…i don’t know how many Destiny channels i am subbed to, but IDGAF about some online “celebrity” drama BS! (who cares wtf i say…but i am politically homeless!! and lost after 2016 Bernie…kinda liked #WalkAway, but believe in CLIMATE CHANGE, like guns for crime in Memphis where i live, GenX, veteran joined @ 29 as a medic in 2003-2014)

[@SDREHXC]

Why do you need someone to tell you what to think?

[@uriNATE14]

@@SDREHXCmaybe he’s not asking to be told what to think, but wants to hear different peoples opinions and approaches to political topics to find out where he actually lines up with other people. Exploring other peoples opinions can help u find your own.

[@fullyactivated]

There is no reason to have credit card debit. Just pay it off every week or two or don’t buy it

[@iansmart4158]

Sometimes when they talk finances they speak as if they don’t realize ppl need things in order to get better things. He’s right about not getting too high of a car note. But if you have mediocre credit and don’t have the money to buy a decently used care in full then yeah, you’re gonna have to sign for a loan where you have a terrible rate in a care you couldn’t afford otherwise. Like most places in America are u livable without a car. You HAVE to make space for that even if you can’t afford it because otherwise you couldn’t even get a job. That and other things are similar. I mean, how does Destiny think ppl afford furniture? Does he think poor ppl can afford a $500 dresser without layaway?!

[@KoopstaKlicca]

You don't *need* a dresser or most furniture LOL when I was a kid, my family deadass used those plastic containers for a "dresser." When our dog destroyed our couch we used camp chairs and bean bags chairs, etc. As for car, we usually found a friend who was willing to come with us that knew car stuff to buy used cars *not* from dealers but just randoms on Craigslist. The issue is that poor people want to live middle class with middle class conveniences and that's just not the case

[@royalwins2030]

It's at least half

[@wallacewynne2718]

Ben Shapiro essentially gave this take - that if you're poor it's because "you suck with money" - on some stage and they immediately canceled the event.

[@dickkrab6280]

It’s true for the most part

[@SenorJoeBiden]

Destiny only said it’s 15-20% of poverty that can be reduced by better financial habits. I’m surprised he estimates it at such a low range. I wonder where he gets that % from

[@CrabLap-xb8cm]

​@@SenorJoeBidenwhere do you get your high numbers from? Other than the shitty satisfaction of never having to feel bad for people, because everyone in that situation deserved it right?

[@aaaa-xf3hx]

Someone help me understand this, poor with a $300 monthly car payment? Do you not have affordable second hand cars in America? In England you can buy a car for £1500 all in, that’ll last you at least 5 years if you look after it and if you desperately need a car right now, you could still find one for £600-£1000 that’ll last you the year

[@ImmaSureWin]

Although the prices have gone up, Its got more to do with living above your means imo.. I know plenty of people with BMW/Lexus/Mercedes that are slaves to their car payment.

[@NicholasW943]

The amount of young people who are poor in the U.S. buying new cars or leasing them would shock you. We do have used cars that are pretty damn affordable while still being good enough, but lots of people get a car that is way beyond their means.

[@crybaby-killa6155]

I got a credit card with a $500 spending limit. I paid the monthly payment "on time" every month until it was paid off, I was never late on my car payment, it's paid off, I have no overdue medical bills. Because I do have a good credit. And I was able to spend my money responsibly even though I came from a poor household i was able to buy a house.

[@deagle2yadome696]

what happens if u don’t pay the payments on time

[@crybaby-killa6155]

@@deagle2yadome696 If you don't make the payment all the time, it will lower your credit score and you'll be fined, So with the credit card I had, if I was to be late on a payment. I would be fine 30$ plus the payment I already owed them, So whatever you do! do not be late on you're credit card payment! If you do not have a consistent Income, do not get a credit card. If you have not acquired the skill of budgeting, do not get a credit card. Do not get a credit card with a large dollar amount.

[@SasKP]

Don't try to influence people's financial decisions, they won't change ever.

[@deagle2yadome696]

not true

[@chicagonorthsider]

The part that's missed is that being in poverty, literally, LITERALLY, makes you dumber, like it lowers your functional IQ. I.e. however you would normally operate, changes when you're in poverty (just like it would change if you're stressed or depressed). It's a human thing. When you have loads of uncertainty, your long term planning abilities become diminished - because think about it, if you're not even sure where you're gonna live next week or how tf you're gonna eat, are you really putting together a 5 year plan and sticking to it?

[@tonnytrumpet734]

Its really simple, never borrow for something that is intended to generate you income or decrease your expenses in the future.

[@DarliaZombino]

I make about 34.000€ a month in Finland and I find it crazy that if someone who made 120.000$ a year could be in "so much financial trouble". I also pay 39% marginal tax rate and still feel like I can live off comfortably. Maybe slightly ascetically, but I'm also young, so that should be normal.

[@m.czandogg9576]

5:15 Unironically yes. You're poor which means you don't have what it takes for the luxuries of life. Conduct yourself in the right way and one day you can afford those luxuries.

[@Bayyzed]

This is the epitome of what a capitalist pig would say, lmfao, this has to be sarcasm

[@aymaneelhaj3737]

And thats why Credit with interest is Haram

[@duke222222]

Why is there a quail farmer on the thumbnail

[@MandosCulture]

What game is this

[@deagle2yadome696]

apex legends for pacifists

[@NicholasW943]

Satisfactory

[@S0LIDSNEK]

What game is this?

[@deagle2yadome696]

apex legends for pacifists

[@NicholasW943]

Satisfactory

[@IndoorNewb]

The amount of poor people who would be vastly better off with better financial habits is waaayyyyy over 15-20%. 50 or 60% is the real number. One thing I learned long ago is that "the system" is almost never the issue here in America. About 12% of Americans live below the poverty line. You can easily attribute half of them to personal choice and not "capitalism". Those same 50% would be poor regardless of system.

[@bito2041]

Norway and plenty of other countries have handled poverty far better than the US, I think it's fair to blame the system a decent amount.

[@manwithtwoeyes6911]

Junior and Senior years of highschool should have mandatory finance class. Get rid of 11th and 12th grade English, and replace it with financial ed

[@medarby3066]

Wait till he discovers that the majority of fat people just need to eat less.

[@AkaiKnight]

I'm poor minded but I make enough money for it to be a buffer for my bad behavior. I seriously need to change and learn some discipline smh Also I'd say more like 35% percent of poverty could be diminished with better financial decisions. I've lived poorer than poor, I see what people spend their money on. I've seen people spend money on a PS3 and games over cleaning supplies for their own homes.

[@AV-wn7xz]

I never thought I'd agree totally with Destiny, but if you're poor don't use credit cards or payday loans. Just start a budget based on the 50-30-20 rule and if your categories are over the percentages make sacrifices and cut some shit. Get an emergency fund and invest in retirement. Good luck everyone.

[@FauxRaidenator]

It's absurd that this is even a novel take or considered conservative. This should be taught to every person in the country/world. Dave Ramsey, for as shitty as he can be, tells almost everyone to absolutely not put themselves in debt. While it CAN be more fiscally beneficial to use credit, the vast majority of people are not responsible enough to do so. So as a general rule he says no, at least until you're financially stable. The irony is that the wealthy or at least 'comfortable' are the only ones who really should be taking on debt.

[@ozwaltreacts4709]

I agree with him about the perks but credit card companies make billions of dollars off of the fact that a large number of people can’t pull it off. So I still think Destiny is right and it’s a bad idea.

[@painkiller66]

Maybe people complain about things they can control because complaining about things you can't control seems even more useless.

[@jesserodriguez6601]

What’s the argument against doing Uber eats?

[@KoopstaKlicca]

It's expensive

[@urisalgado2178]

what game is he playing

[@deagle2yadome696]

apex legends for pacifists

[@NicholasW943]

Satisfactory

[@intrepidojaguar1120]

Maybe if rich people spend their money poor people won't be poor

[@zuffin1864]

You know what saves me more money than cash back? Not buying. I would rather go to a thrift store than buy cheap stuff from amazon, which is what most people would buy if they were poor & honest with their credit card, which is a combination that rarely happens

[@SmartDave60]

That’s not a conservative take. The conservative take is that ONE HUNDRED PERCENT of poverty can be solved through better financial habits by poor people.

[@MattPhannyPack]

That’s not a conservative take either bud

[@SmartDave60]

@@MattPhannyPack how do conservatives wanna use government to help the poor?

[@MattPhannyPack]

Idk. I just know that the vast majority of conservatives have said or believed that 100% of poverty could be solved in that way. That's more like a far right talking point probably.

[@SmartDave60]

@@MattPhannyPack solved in which way?

[@benjaminerickson225]

Alot of poor people also believe that to be rich is to be immoral.

[@ozwaltreacts4709]

I gotta admit. The casual way he says abortion and birth control together gives me actual chills. I like Destiny but that shit is disturbing.

[@GunBreaux]

People that can't manage a credit card probably shouldn't own guns either.

[@RoyGBiv-lc8tv]

I don’t even think this is a conservative take tbh.

[@deagle2yadome696]

no layaway? destiny doesn’t understand how important layaway is to the ghetto

[@gaymer5697]

How is this conservative? Isnt this just basic finance knowledge?

[@NicholasW943]

I'm guessing the conservative part is that he's blaming poor people for being poor, which is sadly something you typically only hear from cons in the U.S. Liberals or lefties always say poor people are the result of the government not doing enough, rich people hoarding all the wealth, or capitalism.

[@matthewspruill3560]

Destiny: this is probably my most conservative take Also Destiny: Save money with abortion

[@ihtenubz9697]

As a multiple year fan, I feel like Destiny would be poor as fuck if he didn’t have streaming.

[@burtnation1357]

😮

[@rocier]

People having autonomy is a right wing take.

[@njez7563]

Why dont poor people just join the military and live in a paid dorm

[@NicholasW943]

Big true. As long as you don't get hit with PTSD or crippling depression, the military can open up a great career path with amazing benefits.

[@JohnSmith-zk3kd]

@@NicholasW943 Bro most of the jobs in the military aren't frontline infantry. Only go into infantry/Combat if you are actually sub 85iq or you want to go into SF

[@NicholasW943]

​@@JohnSmith-zk3kd I know that, but there's still quite a few soldiers who off themselves while in or get PTSD without ever seeing combat. Definitely something to consider.

[@coachb530]

Conservative = common sense? Believe it or not, there are poor conservatives as well.

[@jonk3714]

How is this even a conservative take????

[@sphereron]

How is this conservative...

[@WaffleSSSSSPLUS]

poor people shouldnt have kids, based eugenics take from destiny

[@JohnSmith-zk3kd]

You can have kids if your poor but if you have kids when you are poor you are going to stay poor

[@twzst]

We live we love we lie

[@RolaiEckolo]

Lie, love, Lav

[@fayelefayele2264]

I wish I could make money doing what you do all day

[@adabsurdum5905]

Yeah, poor people, simply pay off your car instead of having to make payments! If you need more money, just play more video games like financial genius Destiny 😂

[@dickkrab6280]

You are brain dead if that’s what u got from this

[@NicholasW943]

A lot of the times they could pay off their car if they just got a used one. Plenty of poor people choose new cars or lease them that are super beyond their means.

[@sirxellington7836]

First

[@alvinsheczlek5243]

Destiny gets lucky as a content creator on twitch: “I’m just one of those ppl that teaches themselves from nothing and a terrible background” …. What a grift

[@RolaiEckolo]

Someone didn't see the Jubilee video where he literally says he got lucky lol one of the ladies on the panel was even upset he said his success was mostly luck

[@storysurgeon5922]

luck is a part of everything. You can be a poor guy trying to be an actor and working hard to do so, get lucky in an audition and become rich. Doesn't mean you didn't come from nothing and work hard.

[@mcyg2079]

yea? you think he thinks he didnt get lucky? Like what?

[@czarsalesman4883]

I'd go farther. 50%+ of poverty could be fixed with better decision making. This is why education is an extremely important thing, if we can fix people's mentality about financial choices that's our only option. The sad reality however might just be that these people are unteachable.

[@cheezballz1313]

It honestly depends over what time period you're talking about. If we're talking somewhat long term like 7+ years, I'd wager that number would be even higher than 50%. I personally don't know any super poor people that DON'T have poor financial habits.