People who confuse debt with wealth

[@MarshallPatrick]

Folks on other platforms seem to be missing the point of this video. This isn’t a “save all your money” Dave Ramsey style video, it’s a live your life while you can video. Enslaving yourself to overtime for the rest of your life just so you can flex all your toys to your buddies that you can’t even enjoy because of said overtime isn’t living at all. The comments on KZbin is why this will forever be my favorite platform. You guys get it 🫡

[@upendaglover2559]

💞😍💞

[@majoraslayer64]

It's like I've always said: I work to live, I don't live to work.

[@natevanlandingham1945]

Some people dont understand this. They will be in debt and forever broke down and enslaved to a job to pay their over extended debt...and barely able to enjoy all their toys. I swear you know our friends!!😂😂

[@RobertBee-fs8hv]

I work as much overtime as I'm allowed to, to have enough money to buy my job back from my employer when I cost my employment money like cutting all studs at an angle and the building collapses

[@RobertBee-fs8hv]

I live to work . Its a good life when i got a job. ​@majoraslayer64

[@jackfenton2271]

That $80,000 truck spends most of its time sitting in the parking lot at work, while he's doing his 85 hours.

[@Poodzmadcrowd]

Exactly. Just like the huge 'executive house' where the 'executive' is always away at work to ever enjoy it.

[@badm0t0rf1ng3r]

85 hours... A WEEK. that OT pays for that!

[@BenState]

then add the interest

[@lazygamerz]

Lets say it costs 100k including interest and insurance and fuel over 5 years, and he commutes 1 hour each way 220 days a year, that means it costs 45 bucks each way to and from work. I betcha he could've hired a driver to take him to and from work every day for cheaper. And if his hourly wage is 45 dollars AFTER taxes, it means the first two hours every day, he works JUST to GO TO WORK. Two hours every day, he works just to hand over money to a bank, car company, insurance company and oil company. All to look "successful". Its a magnificent cultural fabrication.

[@lookylook570]

That $80000 truck lost about $15000 of value the second he drove it off the lot…..

[@JimiFilo]

Can we just acknowledge for a sec that people are spending $75-100K on PICKUP TRUCKS. That’s bonkers. That ain’t inflation, that’s Lifestyle Marketing.

[@RK-cj4oc]

If wages kept up with cost of living and inflation people would be able to afford it. We should not have to lose purchasing power for corporate greed.

[@GoblinKing117]

@@RK-cj4oc A job worth about $10/hr 10 years ago is still worth about $10/hr today, the real problem is inflation and the only solution is to actually solve the inflation problem and not use band aids to cover the actual problem.

[@FeliPeltier]

When I see people driving new trucks driving around town I just sigh. They think they are cool but everyone thinks they’re an idiot.

[@cowfat8547]

@@RK-cj4oc wages are actually increasing faster than inflation. the price of new trucks right now doesn't have much of anything to do with inflation

[@wrigleyc]

$75-100k could pay off a small 2bed1bath in my small hometown dude 😭😭

[@padude131]

The old saying is, "people buy things they don't need, with money they don't have, to impress people they don't like". Great video!

[@psalmistinprogress9089]

It's good for the used car market. My 2013 F150 was ALOT cheaper to pay off!

[@chizorama]

Tyler Derdan is that you? Or is it me?...

[@jeremiahsteninger7034]

I remember the sentence after that, too. "It's stupid!"

[@david600R]

Or people they don’t know lol

[@sovietunion7643]

this is why i buy hot wheels tracks that i love to put together despite me being 21. its cheap, its fun, and who TF i got to impress other than people like minded as me

[@PraiseTheFSMonster]

I have a co-worker who constantly brings up her expensive car, house, and electronics, but the way she panicked when our paychecks were a week late said everything.

[@martin-1965]

The number of times I've had to bail out friends over the years who earn MORE than me, because they screw up managing their finances month to month, has really pissed me off. Sure, they paid me back but it's not about that - it's that a) they can't behave like an adult with their money and b) they expect someone else - me - to be their personal credit card. I've put a stop to it a few years ago and just said "sorry just ain't got it to spare" and I'm sure they moved on to some other schmuck they know. I've got rich friends as well and I would never ask to borrow money off them unless it was a red light emergency and so far, by putting a little by each month for emergencies, I've not had to do that even in an emergency. Once in a while asking me for financial help is okay, but every few months? Nope, I don't think we can be friends. Live and let live and all that but don't be a leech :)

[@krogdog]

That’s funny!

[@ConnerOfRS]

Some people love to "keep up with the Jones". Problem is, nowadays it's even worse because they're keeping up with imaginary friends on social media!

[@patricksquires77]

People comfortable with this risk are a half step away from pure entrepreneurial success.

[@Mischievous_Moth]

@@patricksquires77 Okay...?

[@PlatypusAurelius]

When I was a young man, an older co-worker told me that there is nothing sweeter than driving a paid-off vehicle and living in a paid-off house. I followed that man's advice.

[@86Framer]

My car has been paid off for a decade now. Which makes it really easy to throw extra money at the principal of my mortgage. Every dollar of that saves me about six dollars in interest over the course of the loan.

[@northfloridatech1820]

Truth!

[@beepbop6697]

​@@86Framer2 cars, 2 motorcycles, and the house are all paid off. You can have your toys, the trick is to get them one at a time and fully pay them it off before getting another one -- over MANY years, buy used, don't buy the "premium priced" brands, etc. Keep everything well maintained and preferably garaged so they last long enough to extract maximum enjoyment from them. I'd rather have my two fully paid off Kawasaki's (used 2005 Vulcan Classic 1500 paid $4k, and used 2020 z900rs paid $9k) -- both run like new -- than having a single new Harley Davidson with $30k+ debt on it. Most recent purchase was a 2005 Ram 1500, paid in cash, plus another $2k to replace the worn out front end -- truck should last another 10 years. Slow and steady wins the race.

[@kevincameron192]

you must've been born in the time when people could own houses!

[@kingslead8369]

Living in your mom's basement is certainly the best way to live currently, unless you just have over 500,000 lying around to buy a house.

[@fescudder]

Some of the best advice ever... "Don't go broke trying to impress other broke people."

[@robotmafiagaming]

Church

[@MrFescue]

Exactly. Look at the people whos opinion enslaves you.

[@mida8261]

Yup. Most legitimately rich people try to hide that they're wealthy.

[@a.d.whetstone9945]

Realest shit I’ve heard this year 💯

[@WinahhTaylahh]

Most Republican billionaires got rich and get richer off broke people though, so there's that 🤷‍♂️

[@cyoung2345]

😂😂😂 This is the truth, an older guy told me once, "overtime don't make you rich, it makes you tired" 😂😂

[@ShortArmOfGod]

Still get taxed at 30% on it.

[@spencerjackson3754]

Amen!!!

[@stuckgrenadepin.225]

I have tried explaining that to some people at work, especially since the tax brackets recently changed, and they just don’t get it. All they see is that overtime check hitting their bank accounts and don’t think beyond that. One woman I work with, after I told her she should go home and get some rest when she was sick, asked, “you gonna pay my bills? You gonna pay me for taking time off?” We used to get the first eight hours of overtime worked as comp time (state prison job). But the state got shot handed and people were more interested in money than time off that they switched to first two hours is comp, everything after is overtime pay. Now, people don’t earn enough time to take off when they are sick, just plain exhausted or have a last minute, non-health related issue come up and they have to burn sick time, vacation, and comp time just to take a day off whereas we used to not even work half a year due to all the use or lose time we built up from comp. And they don’t understand that that overtime check is getting hit with 30% tax in addition to their taxes at the end of the year. 3-4 of them were complaining about having to pay in this year instead of getting a refund but they all stopped when I walked in and laughed at them.

[@ambrooks5]

@@ShortArmOfGodI work everyday trying to pay off my lovely student loans only to get screwed by taxes bc I make “too much.” TF I do!

[@OffGridInvestor]

It's made me rich. That and living off grid like a tightass. But most of my family is like this. Live tight as hell and some have bought houses WITH NO MORTGAGE. The only debt I've ever had has been mortgages. Last car I bought was while I was unemployed.

[@ryanwolf4101]

I remember a family that went to my church growing up. They had 4 or 5 kids and drove an old, used hearse with a bumper sticker that read "don't laugh it's paid for." 40 years later it still has stuck with me.

[@abc456f]

I was once behind a beat up civic with the same bumper sticker.

[@Anthony-nu5oc]

Now imagine how his coworker would have reacted if he told him that he takes the bus to work.

[@paradiselost9946]

i hope it was a 69 caddy hearse... the best :) lol, the irony is that one of them in good condition is worth more, and far more reliable than any of these modern jacked up POS... if i ever get my hands on one... hire someone with the last name "blackman"... "going out in style..." and if anyone complains... well, we got "white lady funerals" here... i see no problem :)

[@ChadTasteInMusic421]

​@@Stej-i7mI'm that old person and I'm only 18 😂 Drive a 1993 Honda Civic LX and buy a lot of my clothes from thrift stores. I actually find some good clothes there. Car is completely paid for which is very convenient. Great daily driver and I only spend around 40 dollars on fuel the entire week. Crazy fuel economy on that thing. It may not be the flashiest thing on the road, but I don't really care. It does it's job and it does it well.

[@MustraOrdo]

@@ChadTasteInMusic421 Finding people with that kind of mindset is unfortunately becoming rarer.

[@Solomonsochill]

My coworker pays 1,500 a month on his and his wife’s new cars. Just yesterday he told me he hates being paid on Wednesday because after he pays all his bills he’s broke. I didn’t have the heart to tell him being paid on Wednesday had nothing to do with it.

[@jacksxncxrbett]

1700$ a month is ludacris 😭 shiii, I can buy a reliable second hand straight out the lot for 10k.. best believe you ain't gonna wipe the smile off my face, ain't owe anyone shiiiit 😂

[@ambiarock590]

I feel the same thing about when companies and apps try to offer "get paid weekly". That won't change anything. Getting paid more often doesnt do anything, you get the same amount of money every month.

[@HippioKass]

I know someone doing 1500 on just their car and insurance xD

[@DannyBrooks1]

Now let’s talk about interest. I know a guy that just refinanced his car and his new rate is 24%. WTF! He doesn’t really grasp just how crazy that is.

[@Scarletraven87]

​@@DannyBrooks1in Italy anything above 10% is illegal. Not under the rug illegal, Police knocking illegal.

[@johngiles6376]

I'd rather be debt free. It's a lot less stressful.

[@Mortablunt]

I recall the first time I ever got myself into debt, it was because I lost my job at the same time as I got an ambulance bill and major car repairs. I use my credit card to float through the unemployment and float down payments to when I did have a job again. It took me half a month to pay off and that entire time there was always the lingering dread about what if something happened to me again then I wouldn’t be able to afford the debt or what if I lost my new job because then I wouldn’t be able to afford the debt. After that, as I was getting it all paid off, I took a serious look at my finances in my expenditures and cut out a ton of stuff that was really just waste of money so that way I can get myself solvent again, and ideally never need to take on any more debt. The thing that really cinched it was having to limp home with the gas light on after the card had only have the money I expected to purchase fuel with because earlier that day after I last checked it, it got dinged with the interest payment. I still think about that terrible rain storm day and hell just a little frivolity or interest more and I wouldn’t of been able to get home.

[@brandonkoeller7478]

think 4th dimensionally. spend the money now that was in a few years you have want you want and THEN you can cut the overtime out

[@ElephantWhisperer222]

@@brandonkoeller7478I had a stroke reading that jumbled mess

[@jsil_]

@@brandonkoeller7478what the hell are you saying

[@Kballs]

@@brandonkoeller7478don’t do drugz kids

[@DownWithBureaucracy]

I don't want the money, I want the freedom. Debt isn't freedom, "fancy" stuff isn't freedom. Financial Independence and comfort are underrated

[@OffGridInvestor]

Absolutely. I only work 6 months of the year but when I do it's overtime and I only spend 20% of my income. Make $1400 a week and spend about $200-$250. Even only working half the year, I'm about to become an investor.

[@vsgfilmgroup]

Truth! Granted, you NEED money to get the freedom, but still.

[@Just_A_Name14]

@@OffGridInvestorthat’s bc you don’t have a lot of bills and obviously no mortgage

[@allahsnackbar9915]

@@OffGridInvestor lol how the fuck do you survive on 250 a week lol. i eat for that in three days

[@schrodingersmechanic7622]

The things you own end up owning you. -Tyler Durden

[@northernerny]

This video is on point. A debt-free lifestyle and contentment is wealth.

[@orion7873]

My dad drove the same truck for 21 years ... the odometer stopped working 4 years before he just gave it away with around 400,000 miles on it. When I was a kid, I thought he was poor, now at 40, I know he could have paid cash for 3 new trucks if he wanted to... but was wise enough not to. My dad was a concrete finisher his whole life. Came home dirty everyday from work. Today, he is a millionaire.

[@om617yota7]

Dirty hands, clean money. Well done to your dad.

[@bdhabets3250]

Love the concrete life. 28yrs in the biz

[@brendans1983]

Ah, if only we could do what our parents did hey?

[@wompbozer3939]

I admire that. Concrete is hard.

[@supercowzrock]

hell yeah, hard honest work pays off, but a little frugality and common sense take it even further. My gramps drove a UPS brown truck for decades and retired.He's also a millionaire now from his investment and retirement plans and literally cannot spend the money faster than its accumulating now. paid off house/land, paid off car, paid off tractor, everything! He finally replaced his WalMart special laptop he bought in like 2013 over the holidays.

[@alanm500]

Any time I see a 1 year old huge pickup truck with a for sale sign on it, all I see is “I’ve made a huge mistake. Please help”

[@chillydawgg4354]

Exactly. Sorry,not subsidizing your mistake

[@BigSarnt]

And then ask for asking price. "Barely drove it"

[@rmo9808]

Saw a cyber truck at a local dealership and thought the same thing. They wanted $128k for it lol

[@michaelmeyers3664]

It's not a mistake it's a choice!!

[@michaelmeyers3664]

IT'S not a mistake IT'S a choice!!

[@waymor2460]

And yet some folks look at the 40 hr/week dude and think they’re lazy or not a dedicated employee when in reality they have their priorities straight.

[@diltzm]

Why would I give everything to a company that won't even give out a pension and who demands a 2 week notice before quitting when they will fire you in a heartbeat. 40 hour guy is right.

[@checkurhead_3472]

Yep, here I am.

[@nicky640]

So how do they look at 4 months per year, 24-32 hours per week of those 4 months? Because that's what I'm boiling it down to now... I mean... gotta make some sacrifices... like being perpetually on vacation... but life ain't so bad.

[@rampage3337]

yup that's the American brainwashing. Americans have ben brainwashed to think working your life away is a good thing and a flex. you see it all the time where American dudes think they are flexing by saying they do 12hour shifts. as if not having any free time was a flex. + i think USA is the only country that does not have vacation as a human right. even slaves in china have by law the right to a few days vacation per year. in the US it's considered a privilege that employers don't have to give you. it's really sad how brainwashed the US people are about their situation. they don't realize how they are the worst 1st world country with the least freedom.

[@fred22036]

And business owners make up newspeak crap like “quiet quitting” in attempt to shame people into working extra time. Lmao.

[@billmcmeekin7909]

My uncle retired at 31, and gave me these words early in life. "Interest in your pocket good, interest out bad". No truer words have worked for me!

[@makattak88]

31?? Dang. Smart moves he made.

[@johnbutler1279]

My boss recently said overtime was available now. So work as much as you want. I responded I am. 40 hrs is good enough, and tume with my only kiddo is more valuable. I just recently read "the only one that will remember you did over time is your kids."

[@Sashazur]

And nobody at the end of their life wishes they’d worked more overtime!

[@bullgravy6906]

@@Sashazursadly I bet when my father is on his deathbed he’ll have wished he worked a little harder to go to just 1 more country. This year my parents have been out of country for all 4 kids’ birthdays’

[@ComedyBros5]

@@bullgravy6906 Gosh. That's heartbreaking. I guess you can maybe find comfort in knowing you're far from being alone.

[@coreyburke3493]

Depends. If you're working overtime to retire early it's not a bad gig. If you're working overtime because your broke if you don't that's fucked up.

[@GordonFreeman307]

The only one banking from overtime is the tax man

[@I_am_okay_no_I_am_not]

I'd rather have a wealth of time than a wealth of things. Such an important lesson in this skit.

[@alexrekzu4079]

I learned I'm poor 🤣🤣

[@gnarlytothemax]

someone gets it.. time is the only currency that actually matters.

[@TheAcenightcreeper]

If we could buy time, every store would sell it

[@user_z01]

One of the things more people need to learn is that the real value of money is being able to choose to earn it have less of it, and not have that be a problem.

[@MrAchosenson]

The pandemic taught me you need both.

[@jjeisenhard]

The best advice I ever got was “Live Poor and One Day You Will Be Rich” it completely changed my life

[@RyChOr2005]

Stealth wealth is the way to go for sure, especially right now with inflation/prices the way that they are.

[@CarQuizzical]

not true, plenty of poor people that never get a taste of wealth lol

[@kylesteen7205]

I do agree with this, but dont go overboard with it or there is no reason to be rich at all. What good is a billion dollars if you wont even buy yourself dinner from time to time? Gotta find a balance

[@marvelousmrjohn]

Live poor and one day you can be rich, when you're old, sick, non-ambulatory and don't have anything fun to spend your money on so you spend all day in a chair wondering where your youth and time went 😅

[@dragonsword7370]

​@hellocar123 you're talking about the difference between living below your means and being forced to live in poverty levels BECAUSE of situations that forced you into that for however long it might take to crawl out of that hole. If you even can. Doesn't make the first comment untrue.

[@todhawkes1122]

Always listen to the old timer at the shop that eats the same lunch everyday and has driven the same truck for 30+ years. They're the ones who really have life figured out and have been my biggest mentors.

[@vettepilot427]

Dad said: "Being rich is not about what you spend, it's about what you keep."

[@Dave-sw2dm]

​@@chadrides914, he still living with mom?

[@A1_Amir]

@@chadrides914Sounds like he needs a little push to get the gears grinding and realize he’s being a lil bitch who is sitting on a golden ticket and is too scared to use it and combat his insecurities

[@chadrides914]

@@Dave-sw2dm renting a town house

[@Dave-sw2dm]

@@chadrides914 , that is truly strange. Renting when he could be buying.

[@PatchesOHoulihan-hi2tb]

​@@Dave-sw2dmExcept the government really owns your land,you don't. If you think you do stop paying your taxes for a few years and see what happens.

[@Hardworkandrealestateprofits]

I had a coworker like this. Then his wife lost her job and he couldn’t work enough overtime to keep it all afloat. Guess who started selling his toys off to some other coworkers. It was sad to watch.

[@Dr.Rosenbaum]

Not sad at all. Karma is a bitch. Don't be a dick.

[@DropBox-jx6yr]

Lol only poor people believe in karma

[@r0llinguphill483]

@@DropBox-jx6yrspeaking from personal experience?

[@chadpunte1731]

@@r0llinguphill483 nah he's got lots of debt.

[@chadpunte1731]

congratulations on the cheap jetski!

[@allhydraulics1202]

I have this conversation at work at least once a week. A 17 y old paid off truck feels like you know something others have yet to grasp.

[@jakehunter1831]

Same for a house.I bought a 100 year old fixer upper in an ok neighborhood for less than the cost of a new car in '07. Paid it off ten years ago.

[@Tzizenorec]

The old stuff is often straight-up better.

[@jl4091]

Until you hit a off-set barrier at 35 mph and no longer have legs.New truck you would walk away.Something to ponder.

[@frankisyourdaddy]

​@@jl4091that's low IQ thinking, you are definitely one of the sheep.

[@The_Pennsylvanian]

​@jl4091 I will just drive around the barrier probably

[@casesully50]

Im a superintendent at a construction company that does civil engineering projects. The guys make A LOT of money, but whenever we have to cut hours or shut a job down they call and complain that theyre not making enough. When i look in the yard parking lot i see, brand new Z71's with everything, Ford Tremors, GMC Yukon Denalis. Theyre excuse is always "it fits all of my families stuff!" I have a company truck, and i STILL personally drive a 2012 Ford Escape. NO payment $30 insurance and maintenance is nothing! I have a 1.5 yr old, a 2 month old, and a big German shepherd, not to mention the wife. The escape works just fine. Thule rack on the top and im golden! My dogs a little annoyed in the back but thats it!

[@petuniasevan]

I tried to explain this to a co worker 15 or 20 years ago. He was in the lunchroom bleating that the eeeeevil company didn't pay him enough. He made $30 an hour and all the overtime he wanted to pick up. So I pointed out his new truck, named off his boat, ATVs, snowmobile, cabin up north, $500,000 house, all the things that I'd heard him brag about. "I deserve that stuff!" He snapped. "That's your problem, " I said.

[@dacawone]

He certainly sounds like a tool.

[@tiagodecastro2929]

I always refuse to tell myself I deserve something because it breeds entitlement. For instance, my living arrangement isn't exactly what I would like, but it's also not objectively bad and it is financially very good for me, so I put up with it even if it isn't what I want. If I told myself I deserve a nicer house (which I sometimes catch my mind wanting to do), then I'll end up with a ridiculous mortgage spent on a house not worth the money I'm paying for it. So suck it up I shall lol, and my wallet thanks me

[@denisl2760]

$30/hr 20 years ago was good money. Now its just enough to cover basic bills for 1 person.

[@petuniasevan]

@@denisl2760 Yup isn't government-driven inflation fun?

[@tingtang9302]

my wife refuses to tell herself she deserves something, too. i hear her all the time- "I must have done something to deserve this miserable poor life. God is punishing me." I'm glad she's so understanding 😅🙏#blessed -Jimmy

[@MrKayaktom]

My Grand Dad use to say there is a difference between having money and spending money.

[@Cammer92]

Wow who knew

[@antpoo]

If you have money and don’t spend it, The govt spends it for you. The trick is knowing how much to have.

[@adsffdaaf4170]

​@@digitalpalmtreesthe money you have is constantly losing its value due to printing and government spending. Govt will also increase mortgage rates

[@adsffdaaf4170]

​@@digitalpalmtreesspend it, and some debt is ok if interest rates are low

[@stormblade1199]

​@@Cammer92 his dad knew

[@jackhaugh]

I work with an INCREDIBLY successful eye surgeon that does about 60 procedures a week that drives a ‘96 Camry. On nice days he drives a beat up old moped to work. Dude must make $750k/year. Same guy takes at least two month long vacations to go scuba diving in places like Tahiti and Australia.

[@gnarl12]

Gimme those vacations over a $100k Benz all day everyday

[@ampulsion]

That's beautiful

[@TwoFootChews]

I’d rather spend it on trips to other places or a good house than a car that feels better to drive but still goes the same speed most times on the road.

[@Iquey]

That is intelligence.

[@frespects9624]

I met an anaesthesiologist who makes probably around 20k a week, he drives a 15k honda civic. Very telling. He did say he wants to own a McLaren p1 one day though 😂

[@Domino365]

As someone once told me, there's a difference between looking rich and actually being rich.

[@Crystgrinder]

When I worked construction 2 years ago I overheard 2 guys I worked with saying "The bank keeps calling, I just told them if they want the truck they can come and pick it up" That's when I realized my 09 civic was just a smart pick

[@americankid7782]

I got my used 09’ Ford Escape and life is good. Get to laugh at no co-workers who have to pay out the ass every month for their nice fancy new trucks.

[@matthewdemers9422]

I work at a goldmine in Nevada and this is 80% of my co-workers. They rely on the bonus. If we don’t get a bonus they’re not making their bills.

[@MeltingRubberZ28]

That's bad.

[@goldenratio5117]

​@TheRealCatofWhat the hell are you talking about

[@joeblowe7545]

I worked OT for about 11 years at a previous job. Anywhere from 4 to 12 hours a week. It wasn't bad. I used all the extra earnings to turn my 15 year mortgage into one just under 8 years. After that I left that job because I was debt free. It truly is a wonderful feeling. I now work a job that pays a lot more. I maybe do an extra 1.5 hours per week. Save your money folks. You never know when that rainy day, week, month or year may hit you.

[@Gandhi_Physique]

@TheRealCatof Where do you think the materials to make everything you use come from?

[@Brocephus77]

Had an employee quit and go work in the diamond minds of Nevada. the first thing he bought was a brand new Dodge diesel pick up and a side-by-side razor. He ended up, realizing the job wasn’t for him so he quit. It’s been a year and he sold his truck and razor. He, His wife and child now live with his mom. Sad 😞

[@fulcrum2951]

To think there are people who complain about the economy but at the same time do shit like this

[@thedude4840]

My god so many trades guys are hyper guilty of this shit. They complain about gas prices but drive a v8 140 miles a day. I worked with this kid who was getting money for the first time in his life. He had this jeep one of those like minivan ones, ran smooth 0 problems. 2 months into our busy season he financed a lifted truck that’s transmission broke down and cost him another 2k. Another guy told me straight face “I’m saving up to buy a house” then the next week bought a razer, another guy needed to go to college for a job he wanted went to some hack college that cost him 2k for his classes and WITHIN 30 MINUTES OF TELLING ME THAT showed me the ar, bag, and scope he was going to buy (like 3k total) genuinely dumbfounded.

[@josejh-eb8st]

The economy is ridiculous and people need to get better with their money

[@ellwoodwolf]

I see it all the time "blank political party- they are to blame" ohhh so not your expensive vehicle, with expensive insurance, with expensive maintenance that gets 14 mpg... That you only commute with ? Oh and you spend 400/month on guns..... Hahahhahaha

[@rjf5285]

Well the economy is trash. that's not debatable.

[@QuattroSG]

The market and USD is trash though, people that are foolish with their money doesn’t change reality.

[@arvindramesh1830]

Everytime I see a Denali on the highway I whisper "DENALIII" to myself the same way he does in this video at 0:15 😭😭

[@shirleywhitehurst7569]

😂😂😂😂😂

[@Starjumper2000four]

Me too. 😂😂😂

[@danamcreynolds9456]

I hope you're not like most people who think Denali is a model and not a trim level...

[@arvindramesh1830]

@@danamcreynolds9456 I am aware of the fact that Denali refers to a specific trim level of GMC vehicles

[@Alejandro_C62]

Same 😂

[@you7uber5]

I agree 100% you can have $2k in the bank driving a $80k truck and people going to think you're doing big things or you could have $80k in the bank driving a $2k paid off truck and people will think you're broke.

[@Santor-]

"People" might, but those with assets won't.

[@shawnbruce6934]

And You could invest that 80K into a rental property and get paid from it as an asset and tax break.

[@bubba842]

They can think all they want. When the person who has the $2000 truck is retired comfortably by 55 years old and the person with the $80,000 debt on wheels is working till they are 75, then I'm sure those people will be thinking very different.

[@jmfs3497]

I have a coworker that always thinks it's crazy people have expensive new cars, but I always remind them you don't know if that person is in debt or inherited wealth from family. Don't judge yourself on how much other people spend.

[@schlookie]

Yup, I live in a 1960s house which I owe nothing on, and I drive a 2008 Honda Jazz that I paid cash for. Plus I have savings and investments. A lady from my church actually offered me food parcels because she made the assumption that I was poor.

[@Icehso140]

I retired in 2021...mortgage paid off in 7 years...vehicles paid off...last truck bought and paid cash @ $47K. Don't owe nobody a dime. And I'm still wearing my old orange and yellow safety shirts from work 3 years ago. I did buy new socks last week. I had a coupon. LOL

[@Petesworkshop2225]

Nice!

[@tomford3018]

You must have had a very well paying job to pay off your mortgage in seven years. That or you live in a shed.

[@AFJ80]

@@tomford3018😂😂😂

[@5lip5pace]

stay thrifty

[@wildmouse5888]

Good job! I am 60, have an 80-year-old home, a 25-year-old car, and my clothing style could be described as "clean homeless". I also have enough money stacked up to retire right now if I wished. I keep working for insurance and luxuries after I retire. Since half the world are mooches nowadays, some "protective coloration" is in order. Let the mooches swarm the indebted guy with all the shiny toys!

[@ArshbyJushua]

Last year, I was working full time, budgeting groceries, unable to afford date nights, and missing time with my kids. Now I learned how to make money online. Now am a SAHM, homeschooling, and making profits every week.

[@NatalieDormer-or4jj]

You are absolutely right 💯

[@NatalieDormer-or4jj]

Everyone needs more than their salary to be financial stable. The best thing to do with your money is to invest it rightly, because money left for saving always end up used with no returns.

[@MeaganGood-yn9wp]

Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should do?

[@ArshbyJushua]

Cryptocurrency/stock investment, but you will need a professional guide on that.

[@ArshbyJushua]

Facebook

[@gino14]

My mother was always the financial strategist in the family, but what inspired me most was what people said of her, rather than what she told me. She would always drive to work in a beat down car into a parking lot full of modern or expensive cars. From what I heard, some employees were mildly teasing her(she was a manager and built that kind of relationship with her employees) about this observation that her car was the dumpiest in the lot, a truth she didn't mind and wasn't offended by. Then someone from HR butted into the conversation. "Ma'am, can you please pick up last month's paycheck? A-and the paycheck before that?" "Oh yeah, I'll get to it eventually, thanks," my mom replied. Many employees, who apparently were living paycheck to paycheck, looked at her with their jaws dropped. To me, THIS was a more satisfying flex than any car.

[@dirtfarmer7070]

I was often working away from my home office. I never made a special trip for my paycheck, sometimes 2-3 would be in the safe before I got back. It would drive my coworkers absolutely nuts. It's not hard to be sitting on a pile of cash when you live modestly.

[@chrisacd5895]

Your mum was a very wise woman. 😊

[@mikefialko2979]

But if we don’t work ourselves to death to buy things we don’t need, how will millionaires become billionaires?

[@transitengineer]

At my office job paychecks come out twice a month and, this has happen to me a few times. When you have money sometimes, you just forget about your paycheck (smile ... smile).

[@underleft]

Sounds like a fake story.

[@BadBotNate]

My co workers order food everyday. Imagine showing up to work for 8 hours and immediately erasing 1½ hours. Some of y'all are annoying. 1) I did not conduct a scientific study on how much my coworkers spend on food, I'm just guessing. 2) for those of you saying I make 10 dollars, place a order DD order between 5-7 pm and look how many fees the service adds. 3) if I did make 10 dollars so what? Do you enjoy laughing at broke people? 4) if I did make 10 dollars wouldn't that be all the more reason not to waste money? 5) spending more money on your lunch break is fine if it fits into your discretionary spending, but these people are always complaining about bills and necessary spending, so obviously their budgets are not working.

[@kingsdrumming]

I mean you gotta eat

[@trollingsnowflakes3144]

Who is spending 1.5 hrs of pay on lunch?

[@AlexDenton0451]

​@@trollingsnowflakes3144people who order doordash.

[@AlexDenton0451]

Meanwhile with a little Meal Prep you can have one hell of a lunch every day nice and easy. I work in the field as an electrician, and I'll do stuff like prepping fish, chicken, or steak the night before I go out. Cook it, season it, maybe even make some fancier dishes with said meat, then tuck it in a box and you've got something nice and easy to microwave, that's healthy and much cheaper than eating out.

[@J.DanielsThe3rd]

​@@trollingsnowflakes3144 people using uber eats

[@hankjones3527]

No one lying on their death bed ever though: "I wish I'd spent more time at work"

[@darylfoster7944]

Maybe, but some probably thought "man, I was an idiot for not saving any money, and having to struggle by on SS for 20 years".

[@samueldavis5895]

Depends on if money could’ve helped their condition and if they could’ve made said amount.

Everyone has an opinion. All of your lives are separate and different. None of you could or ever should compare yourselves to one another. It’s always apples to oranges.

[@kevinspacey5325]

Truth.

[@csortitoutseul]

You're wrong

[@AustinC-ul3vq]

"Im going to the beach this weekend.. AGAIN" 😂 Love that. This video is spot on with how people think about wealth

[@paintball130]

This is so fucking accurate man. I'm a union pipefitter so i know EXACTLY what the guys i work with make (the same as me) and it's crazy to see how many guys are absolutely loaded because they're good with their money and how many guys are dirt broke because they spend it all on cigarettes, alcohol, and scratch offs. And Trucks.

[@coreyburke3493]

Dude yes lol! I'm union as well. Dude was just talking about getting a Denali and I'm like...... with what money we make the same lol.

[@coreylawrence567]

@@coreyburke3493 I got a coworker that just does voluntary repos every time he can't afford or doesnt want a car or truck anymore. And somehow still finds banks willing to finance a brand new car for him a week later. He is paying for like 3 cars he doesnt own anymore.

[@PD-yd3fr]

Wait until time to retire rolls around as well Did you know they changed to old story about the cricket and the ant? Used to be the cricket wasted it's time (and resources) all summer, while the ant worked hard and stored away food. When winter came around, the cricket starved to death while the ant was warm and full inside it's nest. Now the ant takes the cricket in and feeds it World does not work like that

[@DAV1979]

I bet they also trade in their vehicles every year or two. And get a little more upside down every time.

[@donniefaust4348]

Retired from the fitters 7 years ago after 40 years. Living debt free. I hope you’re holding up and can make to retirement with your body in good shape.

[@jayboley9683]

Its not yours until the title is in your hand otherwise you're just renting it every month until it gets repoed

[@hbhkennel918]

Title in hand don't mean schitt to the tax man. You don't ever own it anyway the govt does. Deal with it

[@FartyMcNuggets]

@@hbhkennel918👍🏻

[@justinaustin6565]

I personally have one those hanging folders in my file cabinet full of titles. I may not have just one super nice truck but I do have one truck for every different need!!! One crew cab 4 wheel drive f150, small lift and 35s. One service body work truck, 446000 miles but still paying the bills, one 12v Cummins 4 wheel drive just cuz why not, a 98 ford ranger just cuz, a 90 model long bed c1500 work truck because I can. Some one please explain to me where my paid for shit fleet won’t make more money than one over priced debt mobile…..

[@Michael-uj2fb]

​@@hbhkennel918show me on the doll where the tax man hurt you

[@spen.surrr1199]

So I guess you’re not a home owner till it’s paid off too

[@Ducky97743]

"Look at my truck, my motorcycle, jet skis." Nah, those are the bank's toys until you pay it off.

[@Ergo8152]

He'll I know guy in 50s never been without truck payment whole adult life.

[@ubernerrd]

Even if you paid cash I'm still not impressed by material things.

[@Noob_Crew_Sledders]

Cash for toys only. If you cant buy it dont ride it.

[@aersla1731]

That reminds me of a post I saw a long time ago on facebook, in a car group where someone posted a picture of a car. And they said, tag the owner, and someone tagged some bank lol.

[@DeportillegalAliens]

Them when it's paid off you can't give the stuff away

[@fordracing5oh]

I hate it when people call you broke and they know nothing about you.

[@srwarehouseman]

Financing stuff you can’t afford to impress people you don’t like-Dave Ramsey

[@tomsnowden6201]

That was definitely around before Ramsey

[@WilliamDiaz-p2h]

durden said it first

[@KenKaniff-dw4jw]

Actually from the movie Fight Club

[@orion7873]

@@KenKaniff-dw4jw Fightclub was a book first

[@dk-qr5xt]

George Carlin said it best, in my opinion.

[@swissarmyknight4306]

The worst part is, if you look like you have money, it will only draw bad things and bad people into your life.

[@DC-jt9py]

That's not true. How you behave attracts those people.

[@ambiarock590]

Yup. I'm glad Ive got friends who support me even though Im currently unemployed. Those are how you know you've found true friends youll hold onto for life.

[@clydedoris5002]

Then you only worry about how people threaten your wealth

[@underleft]

​@@ambiarock590I'm sure they're thrilled to have a deadbeat friend.

[@MustraOrdo]

@@underleft Making a baseless ASSumption about someone else is not a good look for you or anyone else really.

[@ericturner2477]

I worked with a guy who was so far in debt that we assumed he was going to lose his security clearance at some point. The alimony payments didn't help. Both of us were software engineers, so we probably made a similar amount. I kept my expenses low... sandwiches and driving an old vehicle is spot on. Meanwhile he's driving a new BMW every couple of years. At one point I was earning 3x my living expenses. I retired a few months before I turned 50 🙂. I live a modest life, but my time is _mine_ .

[@HedgeMaster26]

I think that is what a lot of people struggle with. Specially younger folks, they get their first bit of money and start buying things they don't need.Buddy of mine is very wealthy, easily makes over 200k a year just from rental properties and investments he and his folks have made over the years. Lives in a modest house, drives a 5 year old truck that is paid for and doesn't have useless expenses. Has nice things but doesn't waste money.

[@OffGridInvestor]

Try someone like me, toghtass living off grid who has 80% of their income disposable. So earning 5 FOLD their cost of living. I only work about 6 months of the year and am about to become an investor.

[@HarithBK]

@@HedgeMaster26 everybody needs to pick and choose the toys they get unless they have stupid levels of money since every toy you add will cost you time. sure you can use some of your money to pay someone to maintain your toy but that will still mean picking leaving it or picking it up etc. and that still takes time. focus on 2-3 things you enjoy save the rest and live your best life with as little work as possible.

[@QuattroSG]

I hope you were investing and not just sitting on a stack of increasingly worthless USD. Im 33 and basically retired now, moving overseas in July and going to live a modest life running a hobby shop and investing my money income from it. 👍

[@ericturner2477]

@@QuattroSG Oh yes! I keep as little in cash as I need to.

[@hastyone9048]

Facts. In my career I had several very wealthy clients. All but one drove 15 year old cars and wore plain clothing from the Gap or similar stores. What they had was multiple properties in NYC and zero debt. This is not an accident…it’s by design. Wealthy people know what is important. Making money is one thing, keeping it is another.

[@VRGamingTherapy]

I'd rather have a $1000 truck & $80k in the bank than $80k in debt with $1000 in the bank.

[@Mr-Clark]

Well if you have $80k in debt, you would have -$79k in the bank 😄

[@gnarl12]

So true

[@jerrylundegaard2592]

I'd rather than $80K in the bank and an $80K vehicle.

[@graniteamerican3547]

what functional truck can you buy for 1000?

[@CottonEyedJoe92]

Neither one of those sounds good to me 😐

[@Limrasson]

All I've got to say is that the ability to walk from your job at any time, because you have the reserves / stability to do it is great to have.

[@mxbadboy263]

Amen

[@tarobunn228]

The best part is when people at your job can't comprehend what you just did like "you can't just leave dude you have to make payments" yeah, I can make em for the next 8 months if I need to lol

[@monroe7403]

Yup, that's one reason I keep a weekend job too. My friends always tell me to quit the extra job....it's a backup job and extra money.

[@brettmedina24]

Amen

[@sovietunion7643]

i use an E bike myself and honestly it works great. its only like 10-15 minutes longer than it would have been with the car anyways because a good enough e bike can still go 25+ MPH. more if you pedal

[@OG_Beckie_Leigh]

I work for an oilfield company, and the work is cyclical. I’ve seen way too many young guys get a taste of that pipeliner money and immediately go into debt buying all the toys & fancy trucks. Then they either lose it all or have to try to sell it all when work slows down. It’s sad to see people equate having a lot of stuff with being wealthy. I’ve been trying to explain the whole having debt versus having money to people for 30 years, and they either just don’t get it or can’t get past wanting people to think they’re wealthy. My car is paid off and has been for five years. I’ll take care of it and drive it until it won’t go anymore. My home is paid off, and it is probably where I’ll live until I expire. When Covid hit and everyone’s finances went into the toilet, I was - and still am - grateful that I didn’t have the added stress of huge debt. The bottom line is live within your means. Who cares whether others think you’re wealthy or broke? Others aren’t the ones responsible for paying your bills.

[@auntbeatrice6911]

I prefer looking like a poor loser to poser fools for many reasons.

[@OG_Beckie_Leigh]

@@auntbeatrice6911 Same here! I was a bank teller when I graduated from high school MANY years ago. I noticed quickly that the accounts with the biggest balances were held by people who looked like they had very little. Outward appearances can be quite deceiving. I would much rather live a modest lifestyle than constantly being stressed out about bills and people trying to use me because they think I have money. I don’t have a lot of material wealth, but my peace of mind is worth more to me than money.

[@MeakH1]

It's more like living below your means. Living within your means would mean you'd break even and end up with no extra money saved up.

[@JohnIsaacXIV]

23 year old H&P pitman rig worker. You’re absolutely right. I still drive my 2008 Pontiac G6 from highschool. Paid off and everything.

[@yxmichaelxyyxmichaelxy3074]

​ Ladies and gents, this is called SMART LIFESTYLE CHOICES. This kid has the right idea. Learn from him.

[@andreathompson-bg4hl]

I have to watch this every couple weeks. Reminds me of real life.

[@SLOCLMBR]

My dad told me when i was 17, "folks who bring a lunch buy houses, folks who buy lunch rent houses" my 2012 fiesta carries me to work and back to my house daily, over 252k miles on it.. cheap car with a manual transmission, over 35mpg.. I spend money on my kids, not my wheels..

[@brickstep8424]

Groceries and lunch are not much different. If you’re eating bologna sandwiches everyday the medical bills and general health issues will cost a lot more.

[@dethmaul]

To be fair it's just a favorite. Maybe he eats it at work for a morale boost. He could be cooking healthy at home.

[@mommalion7028]

@@brickstep8424 ? What do you eat for lunch on the factory floor? They only give you thirty minutes. Cold cut sandwiches are really one of the few foods that work. Hell the salad sits in the meat 😂

[@brickstep8424]

@@mommalion7028 I work in the trades so lunch is quite easy but when I worked a job like that I brought a lunch of greek salad, yogurt, protein shake, and a pbj or left overs from dinner.

[@meoff7602]

​@@brickstep8424I've seen what my co workers call food at lunch. A bologna sandwich would definitely be healthier for them.

[@MarkRambo1]

This is so true. A relative of mine worked 80+ hours a week to pay for the custom home, the new cars, side by sides, the other toys. And every time the wife or kids would get mad that he was never home, he’d yell that he’s doing it for them and to give them that lifestyle. She ended up leaving and took the kids with her. How much you work and what toys you have doesn’t mean jack at that point…

[@spliffbooth]

And depending on the state, she probably took a significant and continual chunk of his paycheck with her. Ouch. And that's before the attorney fees, or assets sold at near fire-sale prices.

[@Glubbdubdrib]

Gotta love that. The woman leaving because the man is working. That’s selfish tight there. Chick probably left him for a jobless man so he’s home all the time.

[@deanchur]

​@@Glubbdubdrib Probably. You're at work so you can buy nice things = "You're never home", You only do 40hrs so you can spend more time with her = "You don't make enough money"

[@alexlindekugel8727]

@@deanchur bought riht

[@JayDon9876]

@@Glubbdubdribhow thick are you ? She left because he is never home and always working to pay off his own expenses, not for his family

[@Big_Country843]

1000% truth. I see it at my job. They talk trash to me because of my Subaru, but then ask me how I can afford to take the vacations we take through out the year. I also remind them I'll be able to retire in 4 months at the age of 55 and still not have to draw my SS until I'm 67.

[@dudeinadoughboy4327]

Subies are legit. I love mine to bits. And if you take care of it well enough it'll be kicking well after all those fancy cars need replaced

[@jsil_]

Good for you man!

[@adamrouse16]

That is a great retirement plan.

[@rickmossop3733]

Good for you! I used to think I would wait to draw my CPP but the more I think about it, the more it makes sense to draw it early. If you took your SS early and invested the money you would only need a moderate return to be making the same as year 67 SS draw, plus you would already have the money. You would have to be disciplined, but it sounds as though you are disciplined, otherwise you wouldn't be prepared to wait until 67.

[@tomf9292]

Good for you…you get it! Most people don’t. I just retired at 59. I have a bunch of investments that keep going up ( real estate, rentals, stocks) I drive a 2016 Nissan pickup, wife drives a 2011 Toyota. It helps HUGELY to have a partner with the same mentality. Btw I’m a tradesman not white collar.

[@smokeyj3983]

Im the guy with the green shirt. All cars paid off, even my house. No credit card debt. I spent very little for 15 years, now i can buy whatever i want cash. Life is great

[@SuperUnemployable]

Real talk here. Wage slavery is no joke

[@nathansanders4368]

The fuck does that statement even mean?

[@fosfan48]

@@nathansanders4368 it means you have so much debt you're living paycheck to paycheck

[@GhDj-m9w]

@@nathansanders4368wage slavery is a modern term that is synonymous with “working hand to mouth”.

[@SuperUnemployable]

You will own nothing and be happy.....little did we realize that this was a threat.

[@Michael-uj2fb]

It's crazy that some people don't get this statement.

[@shinzetsusen7200]

"Look at my truck! Whatchu drive, huh?" "Something I don't need to pay $1000 a month for!"

[@codysmith9813]

It would be over $1000 a month regardless of how long he financed it for. More like 1500.

[@aironwhite6533]

​@@codysmith9813I think in the video it mentioned $2500 a month

[@CJ-222]

Yeah, you aren't getting an $85,000 truck for less than $2000-$2500/month, and that's on maximum term too.

[@snowrocket]

I work with four guys who all drive newer, nicer vehicles than my 2011 Nissan. They're all deep in debt. One guy drives an old rusty Honda and works another job with his wife and has very little debt. He won't buy any car he can't buy for cash. He makes no payments on cars. Smart man.

[@joecummings1260]

@@snowrocket I bought a new F250 in 1978 on payments and although I didn't have a problem making the payments I didn't like the idea of having that debt over my head. I've bought nothing but used for cash ever since. Now I'm older and I could afford to buy new for cash, but everything looks like a POS to me. Maybe if I could buy a brand new Dentside Ford or a Squarebody Chevy I'd go for it lol

[@tech-bore8839]

This is exactly what comes to mind every time I hear about Hustle Culture. All that time spent "hustling" or "grinding" is such a waste if you can't even enjoy anything you earn.

[@r0llinguphill483]

Hustle-culture such a crock of shit. There are those who need more jobs because the wage system is broken, then there are those who think the "hustle" is setting them on a pedestal. I would rather keep my time then spend it like that, if my bills are all paid and my belly is full.

[@OgdenM]

Hustle culture is typically different then this. They normally save their money for one of two reasons: 1)Super early retirement Or 2) They take long periods of time off of work, sometimes months, sometimes a year sometimes more and do stuff they love then find another job.

[@KatieTheDev]

I'm on that grind to get out of debt

[@OgdenM]

@@KatieTheDev also that is another great reason to hustle

[@KatieTheDev]

@@OgdenM exactly, I'm out of credit card debt, I have $900 on a 401k loan I will have paid off within about a month, and about $15.5k on a car loan I'll have paid off within 18 months, probably less. It feels freeing even being done with credit cards!

[@eternaladamas]

My stepdad just got laid off and bought a $80K work truck so that he wouldn't damage his $80K "personal" truck he bought years ago. He's only ever driven as far as the coffee shop two blocks away and that's maybe 260 times in five years. His reasoning? If he ever gets another job he needs a work truck... Absolutely insane.

[@DStabs720]

My grandpa said “if you have to have it now, you’ll never have anything.” He was a very smart and successful man. Miss him everyday. I learned a ton from him.

[@BrainstormJr]

Ego goes 📈 Wallet goes 📉

[@eclipsek0]

Wallet never had anything to begin with, I'd say credit score goes 📉

[@BrainstormJr]

@@eclipsek0 It depends, rampant consumerism causes that. Switching a perfectly good product what you just paid for is hilariously low-IQ

[@joeblow9657]

Ego: stonks Wallet: not stonks

[@marvelousmrjohn]

Worth it. Sometimes you just wanna STUNTTT and be reckless and self destructive.

[@Jdavid1976]

To be fair, a "94 Toyota single cab with 300k miles blue books for $71,500

[@M.TTT.]

LMAO, U AINT WRONG

[@MeltingRubberZ28]

I know what I got, no lowball offers!

[@davesteier-xf5lh]

JT4RN Tacomas aren’t the same. Nomi Dana sabotaged the frame. That’s why there aren’t any and the “buy back” they flopped EVERYTHING around the intake, starter, exhaust manifold everything. Can’t swap parts and the clamshell diffs totally different “made in merca” “truck” if you have a taco sorry for your loss it’s not a made in Japan truck.

[@M.TTT.]

@davesteier-xf5lh tacomas are excellent trucks lol, frame was an issue in the rust belt areas, but recall was easy. I undercoat mine with fluid film or similar and have no issues.

[@williamgodin1110]

Best comment ever

[@Maxxrevv]

Every American should watch this video. Truest video I've ever seen.

[@daviddavid5880]

Dude... This is SO on point. Look around my factory parking lot. No one in my plant makes the local living wage. Tons of them seriously work 66hr weeks... But there's a LOT of 40, 50, 60+k vehicles financed at 12% for five years. Un-frikkin-beleivable.

[@saucebox11]

same at my plant, its typical plant life honestly. I still drive the same beater I started with 11 years ago.

[@sawdust466]

72 yrs old. Lived debt free for a long time. I was the guy eating the bologna sandwitches driving older cars. Lotsa money in the bank. When I wake up, I do what I want. Love it. Debt sucks….

[@Trewq79]

Congratulations, and have a great retirement!

[@user-zr6pl6nb6z]

I hate debt. My parents were always up to their eyeballs in debt when I was growing up and actually declared bankruptcy twice (almost three times). As a result, I pay for everything right away.

[@danielredziniak2996]

you live once and ate bolgna sandwitches, you saved for your kids to enjoy your money?

[@Trewq79]

@@danielredziniak2996 I have friends and colleagues who live paycheck to paycheck. If I asked them, they probably don't remember what their lunch was 2 weeks ago. They sure are stressed when times get tough though.

[@sawdust466]

@@danielredziniak2996 No, I enjoy my money, buy what I want whenever I want…

[@goldwing2000]

In every UAW manufacturing plant, about a month after they cut overtime you see all the ads go up on the bulletin boards for all the motorcycles, boats, snowmobiles, jet skis, etc owned by the poor planners. Probably the same in the oilfields.

[@grit1679]

That's wild lol. I like that it's so easy to predict.

[@ShowMeThatOne]

Not necessarily with union jobs, either. Human nature.

[@johnbearjunkyard]

Oilfield here. 100% correct. When oil prices are down that’s when you buy a Ford raptor.

[@josephkanowitz6875]

ב''ה, isn't this intentional

[@chubbycatfish4573]

lol my dad worked at Chrysler for 30 years and told me stories like that.

[@brogurt]

I am very grateful that my mother taught me this when I was very young and I am teaching it to my kids now.

[@MrPhotodoc]

I've had that same conversation with many people. It goes one ear and right out the other.

[@BaneofMills247]

It's not worth your time. If they're already late 30s and still making juvenile decisions, then there's obviously no hope.

[@petersimpson633]

Presumably in a straight line

[@lanesmith1012]

There is SO much truth in this. I actually say similar things to my coworkers. They buy new cars all the time and they'll work until their 70. I'm frugal, never had a new car in my life, take lunches to work and I will be retiring at age 51. Don't take the bait.

[@parkergray5346]

As I grow up debt is the scariest thing to me.. I truly want to live a debt free life.

[@hananas2]

Same, buying a house is going to be stressful

[@DR27526]

Do not be afraid of debt. Be afraid of debt that does not have a good return. A house with a low rate mortgage, that you intend to live in for a long time is (usually) a very good investment. Student loans to train and obtain jobs that are in high demand and command a good salary are a good investment. Loans for depreciating assets like cars, toys, and fast food are bad investments, stay away from them.

[@husky3g]

@@DR27526 Yep. Credit CARDS are bad. Live within your means. The only debt you should incur should be a house or a car. Leave everything else alone unless you can pay cash for it.

[@CleetusChrist]

​@@DR27526 Used to be its a dead investment now.

[@jc-rq8or]

As someone is his mid twenties, that's completely debt free with a car, a truck, and a house i can say. It's definitely not easy to do, but it's totally worth it, in my opinion. I developed serious health issues a while back to the point i couldn't work, and if i had to make payments, I'd have lost everything because it lead me to be seriously broke. Being debt free means putting in more work up front and delaying the gratification of having nice things early on. I lived with my parents for 2.5 years after high school saving all the money i could to pay cash ($40,000) for a fixer upper and i spent the next few years fixing it with cash, learning as i went.

[@Der8cho]

Only debt is a small house payment for the tax deduction. Dave Ramsey saved my financial life.

[@adamoliver4094]

I worked as a manager in an oil refinery. I was excited when I saw the new Bronco came out because I knew I wasn't going to have to worry about getting plant operators to work overtime over the holidays. Don't mess up a good thing with these videos 😄.

[@dumyjobby]

😂😂😂

[@bcj842]

Bruhhh that's downright sad!

[@TheAechBomb]

absolutely savage, damn xD

[@adamrussell9389]

Working as a production engineer at a mine, your not wrong!

[@GloryFit]

Capitalism at its finest

[@raysegura6669]

This video hit me at the right time, 30 years old, selling my corvette, got not much other bills but I have had my own place, I’m taking advantage of my situation, getting me an older Civic SI, saving money, done caring about what other people think

[@ambiarock590]

I'm running my '22 Civic until the wheels fall off. I also use a bicycle for smaller trips to avoid putting unnecessary miles on the Civic. I don't gotta impress people for shit. The only people I care about what they think of me are my actual friends who don't care about what possessions I have or what job I have. I have friends who are still supporting me as I go through being unemployed cuz my last company (9-5 job) laid people off after forcing us to do seconds shifts and weekends with no extra pay. Lesson learned: freedom > money

[@tinmanslickgreasy999]

My wife and I have been debt free for over 7yrs. she is in her 40s Im in my 50s. Its the best feeling in the world.

[@bubba842]

The only debt I have is my mortgage, which I'm paying off at an accelerated rate. I drive a 99 Pontiac Sunfire to work. It costs me nothing but the fuel. I work with some people who drive into work in big trucks, paying $1000 a month for the privilege before paying for insurance or putting any fuel into it. And these people are not rich and have never gone on holiday in years. Husband's who work non stop to pay for it. Even had one tell me he doesn't think he will ever retire. He was only 40. No pension, no savings and no investments. It's really really sad knowing that these people will die in their boots due to their terrible financial decisions.

[@underleft]

​@@bubba842there's no reason to pay your mortgage off early. You should be putting that money into something that makes money. Unless your mortgage is ridiculously high interest rate for some reason.

[@rklewis2]

@@underleft I paid 142500.00 cash for my house 20 years ago. I can get double that amount for it today. Probably more. That's a pretty fair investment, I'd say. Of course, a home shouldn't BE an investment, or thought of as such. Also, not having a mortgage payment of 1k per month (a pretty conservative number) is an additional 120k that I didn't pay out to someone else. That's 1425000.00 + 240000.00, which is $362500.00. To be fair, my property taxes average about 2k a year, so that eats 40k from that total, so it would be 325000.00, and not 362500.00. [EDIT]: In a 30 year mortgage, one tends to pay off the principle in the last ten years, which is why I didn't subtract it up above. That's interest money that the mortgage company "earns" from the payer. On the flip side, we'd have to take into account that a 100k 30 year mortgage means a total payout of 300k over that timespan. Because I control my money, I can use it to make more money. All it takes is a bit of investigating to find out how to use it. Owning your home outright is great, and always better, overall, than owing someone else. I can buy whatever I want, and I don't have to finance anything. I've gone over my retirement numbers many times. I'll end up taking a small cut from what I currently earn, most of which is made up in the gas it takes to travel to and from work every day. I'll be able to do what I want, and go wherever I want. Being debt-free was the key.

[@furncemanjim]

Living debt free is one of the most rewarding feelings you can ever experience, there is a big difference between having to go to work and wanting to go.

[@orly444]

Used to work in Corrections. At the time, Corrections Officers in my state were working 7 days in a row, then getting 2 days off, followed by another 7-2, another 7-2, and then a 7-4. Rinse and repeat. Within those 7 day stretches I think I usually worked around 82-96 hours due to the amount of mandated overtime. Even with the ungodly, unhealthy amount of overtime, there were dudes who were signing up for it anyway. I knew a guy who was working six 16-hour shifts in a row within every stretch because he wanted to pad out his pension. COs would be spending their money and boats, trucks, hunting gear, etc. But they'd eventually be trying to sell them to our colleagues because they didn't have the time to use them or they'd be in some awful financial situation where they were still hurting for money despite how many hours they worked. Money is never worth it if you're miserable and depressed. Money is useless if you're dead; you can't take it with you.

[@Dr_Won_Hung_Lo]

OMG man I know EXACTLY what you mean!!! I also worked in corrections for a while, and the OT was insane!!! Lucky for us tho our schedule was 5 on 2 off per week. Unless you had a bunch of seniority, your weekends were something like Monday & Tuesday or Wednesday & and Thursday, but definitely NOT Saturday & Sunday. The older guys were so incredibly lazy and would go crying to the union if God forbid they had to help cover some shifts to help keep mandatory OT down. The money was absolutely NOT!!! worth the trouble it caused with my family from never being around.

[@reecec8490]

Toby Keith died with $400M

[@bullgravy6906]

When I worked in mortgage we’d see pipeline security guys making like $150/hr working essentially 24/7 for months on end, then apply for a mortgage and have $8 in savings. Never once did any have money left over

[@blargblarghonk]

I used to work 6-2 and I got tired of the mandatory ot. I still drove the same vehicle I had when I started. Had money but no time and felt like shit.

[@stoundingresults]

That's when they flip and get into the prison drug traffiking momey

[@lunyteve]

We got a $2000 bonus once and my coworker asked me, "what are you gonna buy with it?" That's just the way most people think. They get money. They spend money. And I'm going to be sitting at home retired early while they work until they're 70

[@cheesewagon85]

VTSAX, you? ….blank stare.

[@shadowstalker130666]

I get a bonus or a tax refund, it's either going to settle a bill, if I have one, or going into savings.

[@JSmith19858]

If I get an unexpected bonus then I'll likely spend it on something I've put off buying, or something for me. My budgets are set and I live within my means, so if it's extra money it's going to be used to enjoy. I used my last 2k bonus to buy castings to build another model steam engine, and I wouldn't have bought them using my monthly income. It's a bonus, not money to mither over

[@sovietunion7643]

while i get your point... you must be a big buzzkill with your friends if your first reaction is to scold them for not putting that much of a bonus into a 401k or something when they ask you that innocently. seriously, chill out man. sometimes people want to buy something for themselves thats actually, ya know, fun!!! can you believe that! people want to have FUN sometimes instead of putting ever spare dollar in the bank! /s

[@lunyteve]

@sovietunion7643 I never said I scolded him. I just told him I would invest it. You think I berated him for not doing what I do? Jeez

[@PastorBrian1969]

I drove a $600 1993 Geo Metro 5 speed manual for 16 years. Put 373,xxx miles on it, getting upper 40's mpg. Put my kids thru Christian school and college, incurring no debt, as I didnt have car payments, high insurance, and saved many tens of thousands of dollars on gas. Guys I worked with laughed at me every day, but i went home to a paid for home, a hot wife who saw the value of a man who did not need to get into "measuring contests" with strangers, and the restful sleep of a guy who wasn't a slave to a job. I sold that Geo for $1200, and upgraded to a 2007 Toyota Corolla, paying cash. Still driving it in 2024, has 320,000 miles on it, and runs as good as the day i drove it off the lot.

[@blahaj___]

im that guy at work but its a little nissian hatchback

[@PastorBrian1969]

@blahaj___ Yup. Sure is nice to not have to measure up to someone's else's standards. The guys I work with all have nice, pimped out rides that they are making HUGE payments on, not to mention taxes, gas and insurance costs. The week before payday, many of them carpool, as they cannot afford to put gas in their vanity ride. Their autos still look cool though, as they sit in the driveway with 3 drops of gas in the tank!

[@ictechpro9192]

A Geo does sound nice to have. I’m also the guy who has his 2013 Corolla paid off, no debt, I’m happy.

[@ivobiancucci4528]

some people are victims of consumerism they need their $1500 dollar smartphone - I own a flippy and pay $99 per year for unlimited talk I do not need all the add ons like text and data. my phone is just a phone not a social media device or pocket casino.

[@passthegrits]

2000 Saturn here. Four door. 😎

[@XEllC]

If you can't afford it in cash, you dont need it. People who buy just to impress other people are broken inside.

[@dakotagoldwood6385]

"Rich is loud, wealthy is silent"

[@snowrocket]

I've never heard that before, but I'm writing it down and posting it above my computer.

[@dakotagoldwood6385]

@@snowrocket another good one is “money talks but wealth whispers”

[@OzymandiasWasRight]

'Look how rich i am!' 'You borrowed gas money from me last week.'

[@ColinJ388]

People who confuse "getting a lower payment" as if they're actually negotiating.

[@ge2623]

I've had car salesmen ask me "What do you want your monthly payment to be?" I said "Zero"

[@DaClaptain]

I mean did you drop the full amount for your house in cash? I get where you're coming from. But still kind of a trash take.

[@Cheesus-Sliced]

​@DaClaptain it all comes down to interest rates. Debt can be ok if the interest rate is lower than stock market returns. It is always bad if it is higher than returns. Mortgages are basically never over 7%, vehicles are basically never under 12%. Market average is ~9-11%. It's really that simple.

[@CurtisWhitehead-wn5bs]

I ain't paying more than $10K for a work truck. And that's NO NOTE! 💯

[@michaellandreth1392]

This is 100% accurate. Mine's an Xtra Cab 98 Tacoma. Wife and I took our lunch to work including Tea we brewed at home. No putting $$$ into machines everyday.... Paid Cash for our new 2017 Tacoma Sport and 09 Matrix. Debt Free is the ONLY way to go.

[@bt3411]

Essentially the tale of every social media "personality" with a leveraged up Lamborghini and a rented mansion

[@Tempusverum]

Tai Lopez’s Lamborghini was shown to be a rental

[@josephkanowitz6875]

ב''ה, wait until Gates starts YouTubing again

[@chadhill8628]

12 hour shifts all week lawd hammercy

[@cyoung2345]

😂😂

[@OffGridInvestor]

I used to do 83-84 hours a week. After 12 weeks I bought another car. Then was sacked 2 weeks later because the backlog was finally caught up on. Strange being unemployed with a car with leather seats and 53 buttons and 13 interior lights in the cab. Back in 2008. All paid upfront

[@XanVicious]

@@OffGridInvestorI should’ve been working the oil fields during the great financial crash of 08 instead of learning cursive and times tables in 3rd grade.

[@Ntmoffi]

I used to work a job that was 12-15 hours a day and it was terrible. Yea you make money but you're too tired to enjoy it.

[@underleft]

12s aren't bad at all. At least you're making money instead of sitting on your ass watching KZbin on your couch.

[@mauricecanney7472]

THIS SHOULD BE PLAYED EVERYDAY IN EVERY SENIOR CLASS IN AMERICA!

[@madscientistlife]

Meanwhile every single check dissappears into the abyss of that debt.

[@Kevs442]

This was me in my 20's (saving). All my friends were driving new vehicles, getting their own place, going out every night to the bars, out to eat, etc. I drove crappy old cars, lived with parents, etc. Im retired now, and all my friends are still working, breaking their backs in their 50's.

[@007ColdFire]

Smart. This why I don’t believe in moving out so fast. Stay with your parents until you have enough to put a nice chunk on a house and have it paid off in 10 years or less

[@K5757-d9q]

@@007ColdFireI don’t think people should be mooching off their parents throughout their 20s

[@007ColdFire]

@@K5757-d9q Its not mooching if they're contributing to household expenses as well

[@FullLengthInterstates]

living with parents is a great deal if you're compatible. Many multi generational households are just endless fighting from people trapped with people they don't like due to poverty.

[@007ColdFire]

@@K5757-d9q It’s not mooching if you’re contributing to the expenses. My mom and I alive together only because we, including my brother, are co-owners of the house so I’m just stacking my bread

[@scottwilliams7726]

He also probably has to finance his gas if he doesn’t get enough overtime that month

[@diegojines-us9pc]

and complains about the price of gas. when he gets his credit card bill with gas and 18% mark up.

[@McRib_is_Bck]

🤣🤣🤣🤣💀💀

[@kc4cvh]

He's also been taught that if they'd just build that Keystone Pipeline, gas will be cheap as water then he'll be sitting pretty.

[@redtra236]

@@kc4cvh It would definitely reduce the cost a lot

[@kc4cvh]

@@redtra236 Yes, if you consider a penny per gallon to be "a lot". The price of oil is set by the world market and that pipeline will increase the supply on the market by a small fraction of one percent. The Houthi rebels' missile attack on a tanker last Saturday will have a far greater effect and should serve to remind you that oil makes you dependent and vulnerable.

[@randallbergen7065]

I was a dealership mechanic who retired at 54 and I am now 71. I worked hard, had what I needed and occasionally wanted and love the fact that I got out early. I bought two new vehicles about every ten years, had a few toys and traveled a lot. Stupid does not get you anywhere but keeps you in debt and unable to save for retirement.

[@Charlesbabbage2209]

I had a guy at an old job make fun of my 26k Honda and he told me he thought a big guy should drive something bigger. I told him that my entire car plus the interest on the note was less than the depreciation on his $90,000 truck the day he drove it off the lot.

[@oldhag2881]

You drive a new truck off the lot, then park a used one in your driveway.

[@capresenooj4359]

The idea that real men drive full size 4x4 pickups has probably bankrupted so many people. Sorry false pride and ego isnt something Im going to go bust over

[@NotBlackWolf]

I had someone make fun of me for my beater car once so I told them, "I paid 1500 dollars cash for this car in 2010 and haven't had a car payment in a decade, it's one of the best financial decisions I've ever made." Rip 2000 Toyota Camry.

[@AlanBaur]

@@capresenooj4359right! Real men take care of their families and don’t care about what they look like/drive.

[@gnarl12]

Gawd DAMN 😅

[@cozmicmojo2181]

This went from comedy to Proverbs 22:26-27 right quick! Preach it!

[@MusicMike747]

I was talking with a coworker about the importance of having an emergency fund. He considers his credit card as an emergency fund. When I tried to explain the difference between assets and debts, he short circuited

[@jerryhicks4502]

How the fuck is a credit card an emergency fund, do you know how much interest you pay on a credit card? Loansharks.

[@MikeKirkReloaded]

Once you have enough assets: lines of credit _are_ the best emergency fund. Basically keep all your money invested... don't have a stack of idle cash... and only use a line-of-credit/heloc/margin/cc etc to cover 1-2 weeks of an emergency (because liquid investments could still take a few days to sell back into cash and transfer accounts). But most people don't build that pile of investments first, so they have nothing they could sell after the emergency to replay a loan. Emergencies are rare enough it's no big deal to pay interest for a week or so to cover them... if it means your money remains invested 24x7 and making you a return all the rest of the time.

[@BadBotNate]

A lot of people see credit as that. It's common unortunately.

[@matthewc9806]

​@@MikeKirkReloaded Right, this works after you've already saved the liquid cash first, as you said

[@janelleg597]

But rich people are the problem 😂

[@David-w9i7j]

You have to do what makes you happy. I drove my 93 Nissan hardbody for 24 years till a few years ago it was becoming unreliable and unsafe with headlight issues. Instead of taking the chance of missing any work due to transportation problems, I went to the dealership and drove home in a nice brand new Frontier that I enjoy driving every day and keep it nice and clean. I put enough down to keep my payments reasonable, and still did not take a big chunk out of my nest egg. I could have easily paid cash, but need to build my credit, so an auto loan paid monthly contributes greatly to my credit score. It is nice to have nice things as long as you can appreciate them. I still own the old Hardbody and have plans on restoring it, since it is such a great truck with a manual transmission.

[@mikenonya6382]

After 6 months of pmts. on time start doubling up on pmts. and pay it off early and save the interest. Credit will be just fine.

[@TekuTaurus]

I got this same dynamic with the guy I work next to at work. He's got a $40k Jeep, tattoos, guns, many thousands of $$$ in Snap-On tools, and he owes money on nearly all of it, plus thousands in regular credit card debt. I've got a $15k Ford and a $3k project car, reasonably priced tools, and zero debt. Both of us live with our parents still. He's always stressing about how he's not making enough hours (we're flat rate mechanics), meanwhile I could make 15 hours a week and still come out ahead, yet usually make about 10 hours a week more than he does in the same amount of working time. And instead of bettering himself, paying down his debts, and making himself more money, he instead just keeps talking about how he wants a big diesel truck, more tats, and a new gun.

[@sovietunion7643]

honestly i don't see whats wrong with this inherently. some people just prefer physical things to money in the bank. maybe he like big trucks and gun more than having that money. sure its not necessarily as stable as your way but if he is self aware that he is making a choice for his life and is okay with it, i don't see how its wrong

[@АлакПатрова]

Sound like me. I've been a diesel mechanic for 15 years, have a snap on box I bought used for 2800 and a harbor freight cart filled with a mix of harbor freight as of lately and Cornwell as of early. I drive a 2002 civic that just rolled 300,000 miles and bring lunch every day. The rest of the guys are in debt to their eyes. Im not interested in that.

[@pbase36]

@@sovietunion7643 I agree. It's not wrong to have "things." As long as those things are not putting you into a dire financial situation where your payments for them exceeds your income, and you aren't becoming so connected to your stuff that you have trouble letting them go. OP says the guy lives with his parents so he probably doesn't have many other responsibilities besides paying for his stuff. If he had a family and a mortgage and bills, collecting things as he does might be a problem.

[@homurameguca]

It’s wrong because he’s driven by materialism. He’ll keep buying the new thing, and more of it, but he’ll never be quite satiated by it. There’ll never be an enough for that sort of person. His choice how he wants to live, but living solely on your instincts and desires won’t get you far.

[@dforrest4503]

Save up that 💰 so you can move out and buy a place, or at least help your parents with some $ if you’re living with them.

[@GeoFry3]

There is much truth in this video. I did 20 years in the Air Force. Eventually I figured out his wisdom and got completely out of debt. Worked 4 years after that, then retired at 45. Now I work when I want and for who I want. Being wealthy is not having stuff. Being wealthy is having freedom.

[@joshchambers8683]

This is years of wisdom delivered in less than 5 minutes.

[@davidlogel2350]

Nothing wrong with working long hours when you’re young. Using what you earn wisely can gain you more time with your family once you have one.