Pleeeease everyone I'm writing this with love, because I've been there too recently and they were big mistakes, 1) stop operating under the assumption you'll get money that isn't in your bank account yet. 2) stop seeing your jobs as safe, no matter who you report to, how long you've been there, how important and irreplaceable you are to other people in your company. When the investors say costs need to be cut tomorrow, you WILL be let go!! Believe me! You could be working for the CEO and be doing 200% and everyone in the company knows your name and you did wonderful things, and still be laid off. Same with relationships I'm sorry to say: love your partner but put your financial wellbeing first, because things can go from perfection to disaster reeeeally fast and you want to be protected. ❤ I'm fighting to stick to these principles myself and not repeat past mistakes.
Thank you for this, especially the job part. It’s so very important that people put themselves first before these jobs because these jobs have screwed people over and ruined lives. People need to put themselves first more often and remember there’s no true security unless you work for yourself. Even then, you still need to work hard and build something that’ll last.
100% How do you maintain boundaries with your partner in terms of financial stuff. I am a single woman. In future how do I have a conversation with my partner related to financial well being. I have really worked hard and saved money. This is something I have been wanting to learn
Agreed girl! Never put your life or your kids life in the hands of any job, person, group, organization, society, etc. Nothing is guaranteed so always make sure you are using your money INTENTIONALLY. Doesn’t mean you can’t have fun or do things but use it with intention, plan ahead, don’t spend what you don’t have, and save as much as you reasonably can. Also, help yourself before you try helping others.
@@rachelesmith3342 heavy on the intentional part. Being young and dumb has consequences and being a 21 year old living alone, I’ve definitely had to learn the hard way that emotional spending will kick you in the butt! I’m getting myself in order now and have learned my lesson and I’ll keep learning as long as I don’t have to struggle unnecessarily like I did these past few months!
The privilege of saying they cut expenses but still went to Disney, still had Netflix, went on vacation.... She doesn't know what cutting expenses means.
exactly. they could watch youtube. they could’ve gone on cheap, small vacations. or not left the house at all. just frivolous financial management. there isn’t enough education on how to manage money.
This is definitely a perspective thing. That $65,000 seems like a ton to us, but you can tell based on what she did and how easily she talked about it, that she'll be paying that off in 2-3 years just like she says. This is a person with money. It's not the insane life-changing debt it would be for others, this is a bump in the road for her.
She has broke mindset. She'll never really have money with how she is. She will only look like she has money. She'll pay that $65,000 off, but it will take her a few years to save 6 months of salary for a REAL emergency and not touch it. Then she needs to pay off the cars ASAP and save money for new ones. She also needs to save for retirement and if possibly college for kids. She won't be a person "with money" until she has fun money saved AND all of her obligations saved for (Like debt paid off--cars and house paid off, retirement funded, college funded, vacations funded etc). If she has to use loans or credit to buy stuff, she doesn't have money. People who have money have an emergency fund for emergencies AND they have a spending g fun for things like paying off debt and house renovations. They don't have hopes they'll get a bonus and put emergency money back. People who break into emergency savings for a tunny tuck don't have money. They jave a poor mindset on a bigger scale than the person making $18 an hour spending more than they make because they like to get door dash a few times a week.
@@MissMosierablethis 👆👆 ik some people who earn nearly half a million dollars a year yet they’re still having financial troubles because of poor financial decisions. If you’re earning 500k a year but spending 450k a year you’re not rlly earning 500k.
@@user-ph4mg1mh9cThere is NO daycare that is worth 36k a year. After taxes, that basically wipes out either her or her husbands salary. If one of them stays home, they would probably have more money.
daycare isn’t just about someone to watch the kids when you can’t. daycares aren’t just babysitters these days. they are treated like school, and kids get valuable developmental/educational benefit. the kids develop friendships and socialize. pulling kids out of daycare once they’ve been established there, can cause setbacks developmentally and socially. pulling them out would also mean losing their spot at the daycare, and then they’d need to go back on waiting lists for spots once she gets her job back.
@@jilliansmaniotto2326do you really think that kids do better in daycare than being with their mother? Young children do not need socialization, they need to receive security and bond with their parents.
She said she can pay off her debt in just a few months at the end. For most people paying off $65k in debt would take YEARS!!! Ladies and gentleman, she ain’t doing bad financially. She’s doing this mostly for the views. The girl has to be well off to be able to pay off $65k in a few months. She’s playin everyone like a fiddle and everyone is falling for it. SMH.
She said she can, she didn't say she will or explain how. Based on the financial history she shared, it doesn't seem like the debt will suddenly become a priority.
In my 20s I found myself in $2800.00 of debt and I was flat broke. I freaked out and paid it off and haven't amassed debt since. These folks with 5 figures of credit card debt just makes my jaw drop.
Same I have medical bill debt but I’ve been working on paying it I’ve seen what happens when someone has ruined credit ( my dad ran up a bunch of credit cards and shit in my moms name and completely fucked her credit up so bad she just now at 46 years old has her credit score high enough that she’s looking to buy her first house) people need to keep their credit score up and keep themselves out of as much debt as possible
@@AlbatrossWhisper it really depends on how much you earn. For someone who doesn’t have a job or has a low paying job 2800 in debt could be a ton of money. Ideally you should have savings, if you not only have 0 savings but you also owe 3k to a company, it’s certainly not a good situation
@@talete7712 yeah of course its all proportional to income. Your debt to income ratio should never be less than 1:1 unless you have a mortgage. I have 16k debt and make 60k but it feels like a lot sometimes
CNA retirement home. Unless the retirement home goes well bankrupt you will have a job for life. Even two or three. At the moment I have two, because they are short staffed and keep calling me and I can't say no.
I work for the biggest company in my country. In the last 3 years every time I thought ‘oh, that’s it, I found my place!’ something changed. My managers were fired/quit or something happened, and I was lucky to have found a department to transfer to. No job is truly stable
@@nadeenzamorafirst thing I thought was nurses. Even if you get fired from one hospital (which is very difficult because of unions, unless you fucked up really bad) the one next door will welcome you with open arms… the world always needs nurses
I have zero debt, but you won't see me living an extravagant life. I have no kids, no pets, travel once a year. Any time I need something, I save for it!
Young lady! You have a good head on your shoulders. Some of these folks living a social media life are planting mine fields and hoping not to step on one. Credit cards are being hyped, the interest rates are high, and everywhere you go, they will pitch how you get money back and percentages off. All the while knowing they've just enhanced their bottom line. As an old head, add to your strategy understand what it means for your retirement years. Get into a (free) retirement course NOW. There are strategies that the government doesn't want you to know about taxes in retirement. Roths and 401K's can be beneficial, only if you plan early. Start or gather a sista group for support (finance, emotional support). Wishing you continued luck in the future.
This stresses my soul out. I’m 29 and at my max, I was about $15,000 in debt. I paid it all off (interest free) and became debt-free on Thanksgiving 2023. In 8 months, I’ve saved tens of thousands of dollars because I pay myself instead of paying debt. No kids, no pets, no erroneous spending, just saving, budgeting, and living within my means. I’m well on my way to having $65,000 saved. I couldn’t imagine being $65,000 in debt.
How have you saved 65,000 bananas after wiping out 15k just 8 months ago. I don’t live P2P I’m debt free no kids 60% through house loan with typical bills and own my vehicles. I’ve saved close to 15k within the last year on a 137k salary lol
I’m so glad that I paid off $15k in credit card debt this month and I only have about $2k remaining. I will no longer be a slave to credit card companies! Freedom feels so good!
Pay for everything in cash UNTIL you have the mindset to use credit responsibly. 💕💕 Congrats on paying down a hefty amount of debt. Being 100% debt feels great!!
I don’t think she gets it. Spent the money before getting the money ✅ 2 car notes ✅ Went to Disney multiple times ✅ Went on a vacation ✅ Offered a friend a job and pay for her schooling while in debt ✅ Living like they were a 400K household while unemployed ✅ Paid for school 36K ✅ All these while unemployed or being paid $9 an hour? At no point did they sat down to think about these actions?
She’s the pretentious, keeping up with the joneses, people pleasing type of personality. They never think that once they loose it all, the same people will be laughing calling them stupid.
I think a lot of people have this mentality- especially people finding paths into upper middle class- without considering that they need real liquid to sustain it or support an emergency (such as a layoff). They believe they can lean on credit cards. Credit cards are against the best interest of Americans.
Embarrassingly, we were 46,000 in bad debit. We made so many sacrifices to get out of that it was horrible. When we finished paying it off I cried so much. The relief was overwhelming. It took almost three years
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
I am a financial advisor. It's terrifying how many people think being hundreds of thousands of dollars in debt (NOT including mortgage) is normal and won't affect their futures.
Why are people not having money taken out of their paychecks for investments? You can start with as little as 25 a month. Do not spend the money before you get it! Ever!
It's easy. Take 250,000 of personal loan Throw all of it on a random option. Wait one day. Sell back the option. If you win, pay off the loan which is marked 12% higher than borrowed And if you lose, ignore the collection agency
@jordantaylorscaife588 Well who needs good credit? Most people can’t afford a house anymore and car dealerships will still loan you a car with bad or no credit. So what’s the point?
I know a guy with 170k student loan debt at 6%. He sold his house and made enough to pay his debt off. He chose to blow it all and swears he'll make it big in real estate. He's 42 with no retirement😭
I had a great job for many years. Friday I had a meeting with my boss. She gave me my annual review, could not stop singing my praise ( this is normal for reviews as my boss was a very sweet encouraging person) my coworker and I meet up after work and compared notes on our reviews. She had a similar experience. We get to work Monday. Absolutely normal day... and as we are closing up for the day my boss comes in and says " we decided to close the store. Your last day is Thursday " we were absolutely shook. It definitely taught me .... your boss is not your friend. They will cut you at a moments notice.
@@yaniquewest455 that decision may have been made due to health reasons, family reasons, finances etc.. you don’t make an important decision on short notice unless it’s impacting something personal.
She was out of work, at home for 7 months and her kids were still going to DAYCARE ?? And gives somebody $15,000 also paid their rent & bills. This girl had to have grown up with some money.
If she grew up upper middle class or rich, it might be a normal house to her. Another thing I’ve noticed is a lot of middle class children(not all) will go into debt to achieve the same lifestyle their parents did without massive debt. Boy have times changed.
Well what they do not understand that it may have taken there parent 10 to 20 years to get the wealth they have. When I gradurated from college in the mid 80's unemployment was high ( I could not even get a teaching job) inflation was high even morgages were like 13%. I ended up going in the Army as a commission officer because of the job issue.
@@JAM661 that part!! Nearly every one we knew jumped out and immediately tried to live the same or better than their parents, where I felt like we weren't supposed to have the same as people that had years to build!! My husband and I bought a doublewide as a 1st home and lived modestly -- by the time we reached early to mid 30s we were able to buy a dream home. All the people who lived "big" right away are still stuck in the same place, paying on things they charged 10+ years ago. The best advice I ever have for anyone is live BELOW means and don't spend it if you don't got it (say "NO" to credit cards!)!
THIS. My husband grew up pretty wealthy and continued to live a similar lifestyle he was used to while living outside his means. When we got together I had to have a chat about how we need to earn our way to that spot.
my parents condemn me & my sister for not being in better financial situations by now, but even with ignoring how they've repeatedly sabotaged us, the world is completely different now & their circumstances were also not the standards they expect from us. my mom was groomed as a minor by someone 20 years older than her, had 5 kids, lived in debt horribly until meeting my stepdad. my stepdad ditched highschool with no diploma or GED, worked at radioshack for a bit & then happened to meet some guywho needed a techy guy for his job. now he makes 3 figures a year, has a house & is a landlord for two more, he erased my mom's debt when they got married, too. they have never extended their wealth to us, even in emergencies like dental care, or help with vehicles so we can get to work & not keep pouring thousands into junkers cuz we can never afford lumpsums to buy a decent enough car that only needs minimal maintenance repairs. they have delusional expectations that they didn't even live by, out of touch of reality but condemn us none the less. no idea what to do to make them see it. anyone can be a judgemental hateful person.
@@JbMaun You're a great spouse. You didn't marry your spouse for his money, and you didn't allow yourself to get swept up in the delusion of money. You helped your husband get grounded as a team. I wish you the best.
This is my roommate. 80k in debt, makes sub 40k a year in one of the most expensive cities in America. Thought she could go on a couple months long Euro-trip. Had to beg her parents to fly her back after a week. They couldn't afford a ticket back here so they had to fly her back to their state where she then had to work at a cafe for a few weeks to afford a flight back. She changes the furniture in her room and the house every week or so.
When I was in my early thirties, we were reckless and racked up debt. Our last car loan was 2001 mind you and when we bought a 2021 Highlander, the car salesman couldn’t believe how nice our credit looked. A lot of sacrifices but it was worth it. It makes life so sweeter.
FYI Do not tell your coworkers about home improvements/trips/any financial issues/concerns/windfalls a secret!!!…. I’m just saying , management are people and people get a little envious 😊😊😊😊
They SURE the heck do! Aged 48 here and never believed ppl act that way, but they DO. Also I am a minority and mostly have worked in places where there were only couple of minorities making up 2% or less of the work team. You know and learn EARLY that you can’t let coworker’s know your business b/c they feel like they should be doing good and you should have NOTHING. You have to play EVERYTHING down like for going to Disney, you have to either say “I might take my kids to the little amusement park for the day so they can work off some of their energy.”
Facts, do not tell them that you are spending like a millionaire!! Tell them that you are poor!! Lol! I'm from Barbados...people think I'm rich. No. I use airmiles to buy my flight and stay at the hotel of Mum and Dad once a year...I'm not even going this year because it's too expensive!
Her and her husband made some insane financial decisions. Out of work for 7 months but still paying for daycare, paying for friends schooling, helping out a single mom, bought a car, took a vacation. Really really bad decisions made.
@helloamandaleigh Aw bless your irresponsible little heart! You're about as capable of giving financial advice as a Duggar would be at giving advice about birth control.
Hey. Fairly new to the channel but I love the content. I often listen to your videos on full blast in front of my wife because you pretty much echo the same things that I tell her all the time. As a sole provider for a family of 7, sometimes we are gonna have to cut back in order to maintain the necessities.
I was traumatized when I saw that I was paying Discover $250 a month in interest!!! THAT'S when I decided I had to get out of debt. I've been debt free since Jan 2019. The habits that got me out of debt will stay with me for life!
I wanted a car loan once and the bank said the interest was 3%. Right before I signed online, the interest went up to 8% in small letters. I simply closed the window and said fuck this I am not going in debt for anything other than a mortgage, and I am not giving this nasty bank my money. I should have just not bought a car, then I wouldn't have had to drive to the shitty job I thought I needed and wouldn't have had depression from the commute. But my parents bought a cheaper car for me. It broke down after seven years. With everything that happened in the meantime, covid and energy crisis and inflation, I really started hating consuming in general. I sold the car and didn't buy a new one. My new job is a 15 minute walk and hybrid. I save like crazy. I don't give money to no one except the union, some clothes, some basic food.
Yes I agree with people thinking they are too much too do certain jobs. I am in debt and a teacher but I work part time at McDonald’s and make $13 an hour. Every little bit is getting me out of debt!
Literally this! I just commented on someone else’s comment where they said they haven’t had a job for eight months. I was like babe. You just need a job at that point. Those believe they’re too good for certain jobs deserve to be poor. That’s kind of what my sister is doing because she thinks she’s better than everything but she’s a single mom like pretty much a single mom with no job.the father is a deadbeat so he doesn’t help with anything. Like you can’t be picky about being a physics tutor no girl you need to like work at McDonald’s so you can get money for your baby to have food in their stomach.
really appreciating u to do these kinda videos coz not many influencers r out there who r teaching women on how to save money . the influencing business has become so brutal that it is breaking ur wallets now and only teaching women on how they shud by that product or this product ughhhh its sooo mind draining thing to always looing out for products products products and only products for that instant dopamine hit to feel good nd all that bs . i hope ur videos reaches out to millions and many other creators that i've come across around these days who r touching these topics i think its so imp to talk about this problem nd ur doing a really genuine job ❤❤❤❤❤❤❤
people have no idea what cutting expenses is. when i was really in the struggle i was eating hot dogs and frozen broccoli every meal for MONTHS. I rode a hand-me-down bike everywhere and only drove to work. My only non-needed expense was a stuffed dinosaur to keep me company in a completely empty apartment.
I’m really glad that you were empathetic and understanding in your approach! While it’s easy to rip on the person in the video, you gave constructive criticism and were gentle in your approach! :)
"Why are you goin' to Disney?????" 👏👏👏The thing is, it's not like she can't go to Disney. She just can't go RIGHT NOW. It honestly sounds like she has a repeat issue with instant gratification. The spending money before she has it. It's like just WAIT, girl! Wait until that check is in your bank account before you spend it! Drive to a local beach or go camping instead of going to Disney! You can still make GREAT memories with your family at a lower cost. (EDIT: I'm still watching, but there is so much illogical going on in this woman's house! Edit again: I agree with you 100%! If she needs shelter, give her shelter! Give her a room. Give her a couch. Don't pay her bills!)
@@snowqueen51that’s exactly where we take most of our vacations. Small town, weekend getaway, AirBnb’s are like $150 a night, go on a hike, go to the lake, etc. Disneyland is fine if you can afford it but why go thousands further into debt for a trip when there’s plenty of cheap fun to be had elsewhere?? Folks are crazy
I've never been able to relate to Disney people, they feel like perpetual children to me. ed. not counting those who go once for the experience, I'm talking those who go frequently.
If you’re making 400k a year, you should easily be able to float yourself for 6 months. It’s recommended by most financial advisors to have money set aside for this purpose. These are my questions: 1) why are your kids in daycare, if you’re unemployed (or making $9 per hour which doesn’t cover the cost of childcare) 2) did she file for unemployment? 3) why not rent your car or do instacart etc to make money to pay your car payment, bring your kids along 4) you got a puppy? For what purpose? That’s irresponsible. We recently adopted a puppy and have spent upwards of 5k for health issues we didn’t anticipate. 5) Disney and vacations need to be CANCELED! If you are unemployed . . . You can’t afford it!
For anyone reading, remember car work requires commercial insurance. You ate not covered for any accidents that happen when you're using your car for work without proper insurance, including medical bills
My dad had to bail out my uncle (his brother IN LAW) about a decade ago because he was going to lose his house to foreclosure and my parents didn’t want their elementary aged kids to be homeless. So my parents (I said my dad bc my mom is a SAHM so he’s the one earning) gave him over 5k to save the house. That Christmas about 4 months later they took their girls on vacation to another state and went to the American girl doll store and spent over $500 on each of them there then bought both of them MacBooks. My mom was livid and they’ve barely spoken since. I assume they did that nonsense on credit cards but my mom was furious he needed money from her to not lose the house then continued to be irresponsible.
Bro I could put my whole life on credit card for two years before having $65,000 in debt. If you lose a job you need to cut back, and the fact they drained all savings and kept none for that exact emergency is a hollow choice.
I think cutting back things you got used to is way harder than lifestyle inflation. I some cases it takes several months and additional money to cut back e.g. to move into a smaller apartment or to a cheaper area.
Dude, fr. Like I know it's a drop in the bucket, but she even mentioned paying for Netflix and that's pretty telling of how much cutting they did. Your job is gone? Day 1, stay in bed and process. Day 2, shut down every expense you can and make a new budget
@@dirtyprancing5930 I don't think that Netflix got them in trouble but it's a more obvious expense and simpler to lower than rent, car payment, car insurance, food subscriptions or delivery etc.
Why put the kids in daycare when you have no job, and the puppy!? It's like she was like "Oh well this is no big deal" like wtf... Edit: because too many of you don't seem to understand. In America you don't HAVE to put your child in daycare, and she did something stupid and used her emergency fund when she shouldn't.
@@Bloom2Grow Why did she have kids then lol. Like my daughter is home all day with me because I can't afford daycare. It's difficult, but like that's parenting.
She mentioned both her and her husband had other jobs after being laid off, she didn't mention that they worked remotely. Who was going to watch the children, if not the daycare, when they go to work?
@@solanaszoo this is so sad. This American way of doing things. Relying on strangers to “watch” your kids. Her parents or his parents should be watching them when they can’t, family members, church friends, aka any sense of actual community. It’s actually kind of sad that Americans have been taught to outsource rather than rely on their family (their village) to help in taking care of their kids.
A lot Americans have a spending problem but complain about everything is high. They don’t budget don’t save just complain. I was one of them living above my means learned a huge lesson.
Many, many years ago my cousin worked as a bailiff. He'd visit households with top of the range kitchens, bathrooms, furnishings, decoration, audio and hi-fi, expensive cars and vacations. Not a cent in their wallets.
Girl! Helping the friend was a noble cause but they were not in the position to do that. One of my friends recently asked me for $300, stating she was gonna pay me back, but I had to say no because I'm about to have a baby. She might pay me back but she also might not and $300 will buy me a dresser and rocking chair for my baby's nursery. Or heck, a carseat and stroller!
I have about 20k in debt. I moved back with my parents to get it all paid off. I LOATHE myself and my past decisions BUT I have to take a step back and realize that I AM MAKING PROGRESS. if you aren’t a credit card person that’s fine! Please take it from me; be kinder to yourself, take control and learn from your mistakes. You can do this ♥️ we can do this ❤
Why do people have this necessity of exposing themselves online? 🤯 Then other people start getting into their business and they don't like. So confusing
Right. We’re gonna get into their business whether they like it or not. They basically asked for it. When they get negative response is when they start getting defensive.
I’d much rather have people telling the truth about themselves than deal with people faking it and putting on a show. Neither are desirable but I’ll always favor transparency and honesty
I actually applaud people who have the courage to come online and tell us these things. It’s a great lesson for the rest of us! We can learn from their mistakes. I pray she’s able to get and stay out of debt somehow.
How do you allow yourself to not have a job for eight months? At that point you’re doing it to yourself. You need income babe it don’t matter the job at that point. You guys are ridiculous for doing that to yourselves. Reminds me of my sister who literally has a two-year-old daughter and has no job and a deadbeat father.like what are y’all doing?
@@MaffyTaffyHaffyI think you’re projecting your frustration with your sister onto a person you don’t know whose circumstances you are not aware of. No need to leave unkind comments here!
My husband does work for the government and I co-own my business that has been operating for 50 years and I still don't consider our jobs completely stable. First thing we did when we graduated college was make sure to build up a savings account. We have never touched it no matter what we want because we know that tomorrow we could both be jobless and then we will need that money!
I’m in $7K of credit card debt because I was out of a job & needed to survive. Even then I knew I couldn’t be going out & buying things I didn’t need. I finally have a job & will be hiding my credit card as soon as I have a paycheck.
Years ago when I worked in a bank, I was floored by the number of people who would do their taxes, see what their refund was going to be and then come in and take out a loan so they could go buy something because they couldn't wait for that money to come in. Absolute insanity to me, you've done without that money all year, you couldn't wait a few more weeks??? My husband lost his job suddenly when the company he worked for suddenly went out of business--we had two weeks tops to prepare. Nothing is guaranteed.
When I worked at a bank (pre-2008) I remember all of the posters they made us put up trying to get people to get an equity loan to pay for their kid's college or wedding. I was telling people, please don't take out a loan for a big fancy wedding 😅
@@lonnieswag100 well, she didn't know off the bat that she will be unemployed for that long, propably thought it would be a quick deal so no wonder she didn't want to loose a place a daycare, these things are crazy to get into
@@lauralanthalasa7still a bad excuse it wouldve been cheaper to be on the waitlist and hire a temporary babysitter once she gets the job. I doubt it wouldve cost $20,000 for a babysitter
@@TheBlackAztec3hiring a babysitter is more expensive than daycare. You are paying the sitter per hour. Daycare is monthly or weekly flat rate. Also sometimes it depends on the area where you live where you have limited options( either you have a high cost daycare that’s worth it or one that is just overpriced) so if you find one that’s affordable and good, it’s hard to let go knowing there is a possibility of loosing that spot. Meaning when she gets another job, she might ending up enrolling her kids in an overpriced program.
This is why I’m not bothered what everyone gets up to online. I don’t know how they paid for those things. I don’t get jealous. I just concentrate on my own life.
Both her and her husband conflated the concepts of emergency and slush funds. Tummy tuck, remodels (beyond critical repairs), and new lifestyle upgrades are not the purpose of those savings. It was a spending spree which parcipitated this.
She got messed up with that nose job, too. It looks like the tip is about to fall off. I am not trying to be mean on purpose, but they really have been spending money on dumbness.
Yeah I don't pity her at all. I have 22K of debt but I never in my life have I ever had 10K in cred debt especially on one card. Separately? Sure. Debt for emergencies? I understand. But for a home renovation? A cosmetic procedure? What? Isnt she married? Fuck she need a tummy tuck for?
tbh, if you're in the position of having a critical repair and don't have money, we live in a time of UA-cam, it's best to at least try to fix it yourself. the TikToker is wild to think credit is the way to bridge the gap as the first option.
I panic about not being able to pay off a $15 monthly subscription if I’m like a $100 off on my debit- I cannot imagine $65k on credit with children and a house, jesus.
I understand keeping kids in daycare because child care has waiting lists& good childcare is hard to find. But paying your friend to go to cosmology school, getting a dog, & going to Disney absolutely ridiculous.
$65,000 in credit card debt is insane. I was as high as $45,000 in credit card debt, at one time, but the vast majority of it was 0% interest (computers, some travel) and now I'm down to $13,000 in credit card debt (majority of it still 0% interest) and I gross $152,800 (net $97,708) a year.
I think we all need a little love and understanding! I've got about 6k in credit card debt and my car payment, no mortgage. I'm 35 and was an addict for 10 years, and just in the last year, I've really buckled down and started taking this debt seriously. I'm working 7 days a week cleaning houses while I'm not doing my 7-3 job. I've made a strict budget, and it's so hard, but it's doable!
Sometimes daycare have months long waiting list and finding another daycare isn't easy depending on the areas. So if you drop out for a few months, there is no guarantee you'll be able to come back.
My company gives sign on bonuses (5-6 figures) but the catch is if you get fired or leave before a certain period you have to pay it back with interest. Many people I know bought homes and cars and then found out they didn't like the job and are stuck. Never spend money you don't have! I put mine in a saving account and never touched it.
In my country credit card debt is not a thing. Debit cards are the norm. So it's so bizarre when Americans speak so casually about having credit card debt 😰
@fatimamanneh9432 I was just watching this video of this mom laughing at her daughter because her daughter was reading her credit card statement, and it had a pay now section and the daughter was asking why would she have to pay when she already used the card to pay for it.
In the Netherlands credit cards are barely a thing either. Also we do have stable jobs (a.k.a. once you get fired you have a little bit of time to find something else, and otherwise we have a social safety net)
Same with my country as well. Debit cards only. If we can't afford it we save money and then buy or else we don't. For lower income families vacations are not a thing. Most people cook at home. Eating out is a special event. Credit card users do exist but they are very rare. And I have heard them go super broke later on. It's sad.
So grateful to say I have $0 in credit card debt and I’ll be debt-free in 3 years (All I have left is my graduate school student loans and I’ve been paying down all six figures of it since 2019.)
You’re right… but there’s something going on with that friend. I think she was being paid off or “bought”. There is something sexual behind it, I’m almost certain.
What I'm confused about is, if she's not working, why are her kids still attending day care. She should be the daycare. That alone will save them thousands of dollars.
I’m in 1k debt, but I was in grad school and working a part time job without any benefits. I got a concussion and that’s how the 1k debt happened. I’m 24 & I’m pretty careful with my money. I feel guilty about using the credit card at all. I’ll be paying it off this month as I got a full time position and I’m feeling better from the concussion. I feel health issues and debt is more forgivable.
I got a surprise 10k medical bill when I was taken out of network while I was unconscious. This should not be allowed to happen. We wouldn’t let people sign loan papers or contracts while they’re concussed. Why do we allow this for medical bills? You really should not be forced to pay the bill for what is essentially your own kidnapping. It’s just so crazy to me.
Thank you for creating financial awareness & responsibility content. While watching this video, I closed my student loan account, cancelled my Spotify & will not purchase any skincare or makeup until I finish what I have. xo
You're 100% correct, the private sector is extremely volatile, there is no such thing as a "stable job". I've been in my career nearly 20 years, I just got a raise/promotion this year and still live with the fear of randomly losing my job. I live a wee bit beyond my means because I don't have kids or a husband to support, and sometimes I feel bad about my lil debt... until I see stuff like this ... 🤷♀
@@helloamandaleigh Of course! I have another channel on budgeting and I know what it's like to have people comment on your financial decisions. Again, thanks for your transparency and I hope things have gotten better for you and your family!
I’m $300 in debt and that’s something I can’t afford to pay in full. I had to cancel my credit card because I knew I couldn’t afford it and I’m still learning how to be financially responsible.
i have the opposite problem… parents were so frugal growing up (despite having money) that even WITH the money in my bank account i feel like i have none to spend
It took me two videos this being the third to see if I wanted to subscribe, but I’m happy to say I am a new subscriber! You hit it on the nail “stable job” my father taught me very early there is no such thing of a stable job.
shes silly. If she was smart she would have moved the friend in to take care of all the kids and paid her a bit of money for the child care/a free place to stay, while they collectively pooled their money together and planned how to get out of their situations as a village.
I just put $2100 in car repairs on a credit card that is interest free until august 2025 and it stresses me out. I can’t even imagine what this feels like. But I suppose to certain people such extreme debt is normal.
She said she was without a job for 7 months... WHY are her kids in daycare!??? WHY is she spending money in unnecessary beauty items, such as those eyebrows, those lip fillers, those teeth whitening sessions, those expensive fake nails, those other fillers around her face being a young wrinkle-free woman???? I'm a single mom of 4 and I don't dye my hair, I can not afford nails or pedicures, I can barely afford some make-up items from Wal-Mart and I do not wear it daily, perhaps once or twice per month, that's just me. Sometimes, I can barely afford electricity, so I really do not understand all these little "luxuries" some people give themselves such as nails and pedicures.😢
I had 36k in debt on credit cards... once you're charged 18-29% interest a month, you know you have to get it paid. I got a 2nd job, opened a new account & saved 14k-21k a year form 2nd job. I lived off my 1st job income 36k paid my living expenses which is about 24-29k yr & 2nd job income went straight to cards.. Took me 2 years to pay off. Now I still work 2 jobs & 2nd job income gets used on inflation.
I had to go through bankruptcy and lost my house to get the wakeup call. Now my car is 2nd hand and paid off, and ONE credit card with a $500 limit. I am doing fine with less. Material possessions can be lost in an instant, put your priorities in those you love.
I told my husband that, I hate vacations now because you always have to come back and face reality. I also told him I’m against credit cards, they almost ruined my life when I was a young adult.
With her earning potential, I am getting the impression that $65k is not the deal it would be to most. She said it's a few months for her to pay off. She goofed, but can actually recover with another job in her field.
Doesn't matter because she can dig herself even deeper if they don't change this behaviour. Them making that much means they should have put enough aside (without using it in anticipation of a bonus) for at least a year of unemployment. There have been many who had even higher earning potential and ended up completely broke
Moral of the story: Don't ever spend money you don't have! Credit card is NOT the money you own. Don't adjust your money to your life style (specially if you don't have money :'D), but adjust your life style to your income/money you own. Thank you for the video! This is really great video ❤️
Pleeeease everyone I'm writing this with love, because I've been there too recently and they were big mistakes, 1) stop operating under the assumption you'll get money that isn't in your bank account yet. 2) stop seeing your jobs as safe, no matter who you report to, how long you've been there, how important and irreplaceable you are to other people in your company. When the investors say costs need to be cut tomorrow, you WILL be let go!! Believe me! You could be working for the CEO and be doing 200% and everyone in the company knows your name and you did wonderful things, and still be laid off. Same with relationships I'm sorry to say: love your partner but put your financial wellbeing first, because things can go from perfection to disaster reeeeally fast and you want to be protected. ❤ I'm fighting to stick to these principles myself and not repeat past mistakes.
Thank you for this, especially the job part. It’s so very important that people put themselves first before these jobs because these jobs have screwed people over and ruined lives. People need to put themselves first more often and remember there’s no true security unless you work for yourself. Even then, you still need to work hard and build something that’ll last.
100%
How do you maintain boundaries with your partner in terms of financial stuff.
I am a single woman. In future how do I have a conversation with my partner related to financial well being. I have really worked hard and saved money. This is something I have been wanting to learn
I couldn’t agree more! Thank you SO much for saying this.
Agreed girl! Never put your life or your kids life in the hands of any job, person, group, organization, society, etc. Nothing is guaranteed so always make sure you are using your money INTENTIONALLY. Doesn’t mean you can’t have fun or do things but use it with intention, plan ahead, don’t spend what you don’t have, and save as much as you reasonably can. Also, help yourself before you try helping others.
@@rachelesmith3342 heavy on the intentional part. Being young and dumb has consequences and being a 21 year old living alone, I’ve definitely had to learn the hard way that emotional spending will kick you in the butt! I’m getting myself in order now and have learned my lesson and I’ll keep learning as long as I don’t have to struggle unnecessarily like I did these past few months!
The privilege of saying they cut expenses but still went to Disney, still had Netflix, went on vacation.... She doesn't know what cutting expenses means.
Right? Like what expenses did you cut? The nail salon? A daily trip to Sephora and a few clothing boutiques????
some peoples lives are so different than anything I could fathom.
Still getting that lip filler, too lol
Exactly!! I wrecked my car, husband immediately canceled Netflix
exactly. they could watch youtube. they could’ve gone on cheap, small vacations. or not left the house at all. just frivolous financial management. there isn’t enough education on how to manage money.
suddenly my $5k of debt seems a lot more manageable
That’s nothing compared to the horror debt stories that im hearing!
Right??!! Maybe I'm not so bad 😭 and it was all for things we needed to live (husband became severely disabled out of nowhere).
Same here, that’s literally just my student loan from trade school. I think I’ll be able to handle it 😳
Same for my $5K debt too
People are still having student loan debt I paid my 7k off during the 3 years interest pause
This is definitely a perspective thing. That $65,000 seems like a ton to us, but you can tell based on what she did and how easily she talked about it, that she'll be paying that off in 2-3 years just like she says. This is a person with money. It's not the insane life-changing debt it would be for others, this is a bump in the road for her.
Well ya if you make 400 thousand a year this 65 thousand is just one missed check 😭 (ik she lost her job but you get the math)
She has broke mindset. She'll never really have money with how she is. She will only look like she has money. She'll pay that $65,000 off, but it will take her a few years to save 6 months of salary for a REAL emergency and not touch it. Then she needs to pay off the cars ASAP and save money for new ones. She also needs to save for retirement and if possibly college for kids. She won't be a person "with money" until she has fun money saved AND all of her obligations saved for (Like debt paid off--cars and house paid off, retirement funded, college funded, vacations funded etc). If she has to use loans or credit to buy stuff, she doesn't have money. People who have money have an emergency fund for emergencies AND they have a spending g fun for things like paying off debt and house renovations. They don't have hopes they'll get a bonus and put emergency money back. People who break into emergency savings for a tunny tuck don't have money. They jave a poor mindset on a bigger scale than the person making $18 an hour spending more than they make because they like to get door dash a few times a week.
@@MissMosierablethis 👆👆 ik some people who earn nearly half a million dollars a year yet they’re still having financial troubles because of poor financial decisions. If you’re earning 500k a year but spending 450k a year you’re not rlly earning 500k.
being out of work for seven months and then returning to another job that pays as much as the one she lost is exactly that, a bump in the road.
Agreed!!
Wait, she lost her job, but they still sent their kid to daycare? That alone would have saved thousands
My immediate thought. Like yeah applying for jobs takes time but why tf was she not immediately their caretaker when she was HOME 24/7
I thought that, then maybe she would lose her daycare place, for when she gets back to work
@@user-ph4mg1mh9cThere is NO daycare that is worth 36k a year. After taxes, that basically wipes out either her or her husbands salary. If one of them stays home, they would probably have more money.
daycare isn’t just about someone to watch the kids when you can’t. daycares aren’t just babysitters these days. they are treated like school, and kids get valuable developmental/educational benefit. the kids develop friendships and socialize. pulling kids out of daycare once they’ve been established there, can cause setbacks developmentally and socially. pulling them out would also mean losing their spot at the daycare, and then they’d need to go back on waiting lists for spots once she gets her job back.
@@jilliansmaniotto2326do you really think that kids do better in daycare than being with their mother? Young children do not need socialization, they need to receive security and bond with their parents.
She said she can pay off her debt in just a few months at the end. For most people paying off $65k in debt would take YEARS!!! Ladies and gentleman, she ain’t doing bad financially. She’s doing this mostly for the views. The girl has to be well off to be able to pay off $65k in a few months. She’s playin everyone like a fiddle and everyone is falling for it. SMH.
Exactly what I said. She's gonna be alright. Which is crazy smh
Sounds like it.
That's because the video is going to go viral, and she is going to get paid from it
@@nikkibreezy6058 yup. I’m surprised the creator of this video didn’t point that last part out. I wish she did.
She said she can, she didn't say she will or explain how. Based on the financial history she shared, it doesn't seem like the debt will suddenly become a priority.
In my 20s I found myself in $2800.00 of debt and I was flat broke. I freaked out and paid it off and haven't amassed debt since. These folks with 5 figures of credit card debt just makes my jaw drop.
Same here. In my early 20s I made a lot of mistakes. I learned the hard way but I learned
Same I have medical bill debt but I’ve been working on paying it I’ve seen what happens when someone has ruined credit ( my dad ran up a bunch of credit cards and shit in my moms name and completely fucked her credit up so bad she just now at 46 years old has her credit score high enough that she’s looking to buy her first house) people need to keep their credit score up and keep themselves out of as much debt as possible
$2800 lmao thats like one month payment thats hardly debt
@@AlbatrossWhisper it really depends on how much you earn. For someone who doesn’t have a job or has a low paying job 2800 in debt could be a ton of money. Ideally you should have savings, if you not only have 0 savings but you also owe 3k to a company, it’s certainly not a good situation
@@talete7712 yeah of course its all proportional to income. Your debt to income ratio should never be less than 1:1 unless you have a mortgage. I have 16k debt and make 60k but it feels like a lot sometimes
HR here. You are 100% right about no job being truly stable
Doctors, Lawyers, other fields with extreme expertise that aren’t easily replaceable.
CNA retirement home. Unless the retirement home goes well bankrupt you will have a job for life. Even two or three. At the moment I have two, because they are short staffed and keep calling me and I can't say no.
I work for the biggest company in my country. In the last 3 years every time I thought ‘oh, that’s it, I found my place!’ something changed. My managers were fired/quit or something happened, and I was lucky to have found a department to transfer to. No job is truly stable
The medical industry is exempt from that list.
@@nadeenzamorafirst thing I thought was nurses. Even if you get fired from one hospital (which is very difficult because of unions, unless you fucked up really bad) the one next door will welcome you with open arms… the world always needs nurses
I have zero debt, but you won't see me living an extravagant life. I have no kids, no pets, travel once a year. Any time I need something, I save for it!
Smart move save for it
🎯🎯🎯
you doing it right, girl!!
Young lady! You have a good head on your shoulders. Some of these folks living a social media life are planting mine fields and hoping not to step on one. Credit cards are being hyped, the interest rates are high, and everywhere you go, they will pitch how you get money back and percentages off. All the while knowing they've just enhanced their bottom line. As an old head, add to your strategy understand what it means for your retirement years. Get into a (free) retirement course NOW. There are strategies that the government doesn't want you to know about taxes in retirement. Roths and 401K's can be beneficial, only if you plan early. Start or gather a sista group for support (finance, emotional support). Wishing you continued luck in the future.
Cannot understand credit card debt. It's the way you're raised. My parents set a good example.
I am 1K in debt that I am about to pay back next week. what a relief
Congratulations on paying off your debt. I hope you’re proud of yourself.
Same. I’ll pay off my $2200 balance next month
Big congrats
This stresses my soul out. I’m 29 and at my max, I was about $15,000 in debt. I paid it all off (interest free) and became debt-free on Thanksgiving 2023. In 8 months, I’ve saved tens of thousands of dollars because I pay myself instead of paying debt. No kids, no pets, no erroneous spending, just saving, budgeting, and living within my means. I’m well on my way to having $65,000 saved. I couldn’t imagine being $65,000 in debt.
I love this
Good for you, sis, and keep up the great work!!!
Awesome! I would love to know how you did it! 👏🏾
How have you saved 65,000 bananas after wiping out 15k just 8 months ago. I don’t live P2P I’m debt free no kids 60% through house loan with typical bills and own my vehicles. I’ve saved close to 15k within the last year on a 137k salary lol
And? Most 20 year olds don't voluntarily get in to 15k drbts
I’m so glad that I paid off $15k in credit card debt this month and I only have about $2k remaining. I will no longer be a slave to credit card companies! Freedom feels so good!
Pay for everything in cash UNTIL you have the mindset to use credit responsibly. 💕💕 Congrats on paying down a hefty amount of debt. Being 100% debt feels great!!
Same I’m going to start this year now that graduated road to debt free
I had 15K and made my last payment last month!!!!! Good Luck to you!
Congratulations 👏🏾
Congratulations 🎉 must feel good!!
Calling your dog your broke best friend is both hilarious and apt
I don’t think she gets it.
Spent the money before getting the money ✅
2 car notes ✅
Went to Disney multiple times ✅
Went on a vacation ✅
Offered a friend a job and pay for her schooling while in debt ✅
Living like they were a 400K household while unemployed ✅
Paid for school 36K ✅
All these while unemployed or being paid $9 an hour? At no point did they sat down to think about these actions?
‼️‼️
They really were living beyond their means
She is a financial car wreck. She has tons of work on her face, too. And why isn't she watching her own kids??? she'd save SOOO much money that way
She’s the pretentious, keeping up with the joneses, people pleasing type of personality. They never think that once they loose it all, the same people will be laughing calling them stupid.
I think a lot of people have this mentality- especially people finding paths into upper middle class- without considering that they need real liquid to sustain it or support an emergency (such as a layoff). They believe they can lean on credit cards. Credit cards are against the best interest of Americans.
Embarrassingly, we were 46,000 in bad debit. We made so many sacrifices to get out of that it was horrible. When we finished paying it off I cried so much. The relief was overwhelming. It took almost three years
Congratulations!! 🎉
I’m working on getting out of it right now! Next month I’m starting no spend months!!!!
being debt free is the best feeling ever! congratulations! the tricky part is now staying out of debt...
46k in 3 years is incredible!!! Congrats on the debt free life; it's amazing~
Success depends on the actions or steps you take to achieve it. Building wealth involves developing good habits like regularly putting money away in intervals for solid investments. Financial management is a crucial topic that most tend to shy away from, and ends up haunting them in the near future.., I pray that anyone who reads this will be successful in life!!
Starting early is simply the best way of getting ahead to build wealth , investing remains a priority . I learnt from my last year's experience , I am able to build a suitable life because I invested early ahead this time .
Until the Fed clamps down even further I think we're going to see hysteria due to rampant inflation. If you are in cross roads or need sincere advise on the best moves to take now with financial markets will be best you seek a fin-professional with fiduciary responsibilities who knows about mortgage-backed securities for proper guidance.
Could you possibly recommend a CFA you've consulted with?
"Rebecca Nassar Dunne" is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment.
Thank you! I entered her full name into my browser, and her website came out on top. I filled her form and i hope she gets back to me soon.
I am a financial advisor. It's terrifying how many people think being hundreds of thousands of dollars in debt (NOT including mortgage) is normal and won't affect their futures.
Why are people not having money taken out of their paychecks for investments? You can start with as little as 25 a month. Do not spend the money before you get it! Ever!
I honestly try and get as much debt as the banks will give me 😂
I’m trying to be like the US govt
It's easy.
Take 250,000 of personal loan
Throw all of it on a random option.
Wait one day.
Sell back the option.
If you win, pay off the loan which is marked 12% higher than borrowed
And if you lose, ignore the collection agency
@jordantaylorscaife588 Well who needs good credit? Most people can’t afford a house anymore and car dealerships will still loan you a car with bad or no credit. So what’s the point?
I know a guy with 170k student loan debt at 6%. He sold his house and made enough to pay his debt off. He chose to blow it all and swears he'll make it big in real estate. He's 42 with no retirement😭
I had a great job for many years. Friday I had a meeting with my boss. She gave me my annual review, could not stop singing my praise ( this is normal for reviews as my boss was a very sweet encouraging person) my coworker and I meet up after work and compared notes on our reviews. She had a similar experience. We get to work Monday. Absolutely normal day... and as we are closing up for the day my boss comes in and says " we decided to close the store. Your last day is Thursday " we were absolutely shook. It definitely taught me .... your boss is not your friend. They will cut you at a moments notice.
They decided to close the store… that’s totally different than being fired
@@Desire85102I think the short notice is the problem here. You don’t make a decision to close a store in less than a week
@@yaniquewest455 that is very true, why you’ll need an emergency fund as well
@@yaniquewest455 that decision may have been made due to health reasons, family reasons, finances etc.. you don’t make an important decision on short notice unless it’s impacting something personal.
@@Desire85102 true
She was out of work, at home for 7 months and her kids were still going to DAYCARE ?? And gives somebody $15,000 also paid their rent & bills. This girl had to have grown up with some money.
She said she got a job $9/hr
She is obviously lying about giving money to her friend
If she grew up upper middle class or rich, it might be a normal house to her. Another thing I’ve noticed is a lot of middle class children(not all) will go into debt to achieve the same lifestyle their parents did without massive debt. Boy have times changed.
Well what they do not understand that it may have taken there parent 10 to 20 years to get the wealth they have. When I gradurated from college in the mid 80's unemployment was high ( I could not even get a teaching job) inflation was high even morgages were like 13%. I ended up going in the Army as a commission officer because of the job issue.
@@JAM661 that part!! Nearly every one we knew jumped out and immediately tried to live the same or better than their parents, where I felt like we weren't supposed to have the same as people that had years to build!! My husband and I bought a doublewide as a 1st home and lived modestly -- by the time we reached early to mid 30s we were able to buy a dream home. All the people who lived "big" right away are still stuck in the same place, paying on things they charged 10+ years ago.
The best advice I ever have for anyone is live BELOW means and don't spend it if you don't got it (say "NO" to credit cards!)!
THIS. My husband grew up pretty wealthy and continued to live a similar lifestyle he was used to while living outside his means. When we got together I had to have a chat about how we need to earn our way to that spot.
my parents condemn me & my sister for not being in better financial situations by now, but even with ignoring how they've repeatedly sabotaged us, the world is completely different now & their circumstances were also not the standards they expect from us. my mom was groomed as a minor by someone 20 years older than her, had 5 kids, lived in debt horribly until meeting my stepdad. my stepdad ditched highschool with no diploma or GED, worked at radioshack for a bit & then happened to meet some guywho needed a techy guy for his job. now he makes 3 figures a year, has a house & is a landlord for two more, he erased my mom's debt when they got married, too.
they have never extended their wealth to us, even in emergencies like dental care, or help with vehicles so we can get to work & not keep pouring thousands into junkers cuz we can never afford lumpsums to buy a decent enough car that only needs minimal maintenance repairs.
they have delusional expectations that they didn't even live by, out of touch of reality but condemn us none the less. no idea what to do to make them see it. anyone can be a judgemental hateful person.
@@JbMaun You're a great spouse. You didn't marry your spouse for his money, and you didn't allow yourself to get swept up in the delusion of money. You helped your husband get grounded as a team. I wish you the best.
This is my roommate. 80k in debt, makes sub 40k a year in one of the most expensive cities in America. Thought she could go on a couple months long Euro-trip. Had to beg her parents to fly her back after a week. They couldn't afford a ticket back here so they had to fly her back to their state where she then had to work at a cafe for a few weeks to afford a flight back. She changes the furniture in her room and the house every week or so.
I have paid off my mortgage but I still look for loose change on the streets to help me become even more wealthy
Consumerism and a lack of social life has destroyed our country
She really likes living on the edge 😂
@TheRealCatofcraigslist
In November, 2023 I was able to go to Paris for nine days (really 8 because you lose a day going there), and the whole trip cost
Why are kids still in day care if you are not working?
I was about to say the same thing.
You did not just say “dogs are broke best friends”! This is the most accurate statement I’ve ever heard about pets. Definitely subscribing
I loved that comment as well.
Too true lol he's always pulling me to the treat shop down the street like he's got money
When I was in my early thirties, we were reckless and racked up debt. Our last car loan was 2001 mind you and when we bought a 2021 Highlander, the car salesman couldn’t believe how nice our credit looked. A lot of sacrifices but it was worth it. It makes life so sweeter.
FYI Do not tell your coworkers about home improvements/trips/any financial issues/concerns/windfalls a secret!!!…. I’m just saying , management are people and people get a little envious 😊😊😊😊
This right here. Don’t tell anyone anything about your finances if you can help it.
They SURE the heck do! Aged 48 here and never believed ppl act that way, but they DO. Also I am a minority and mostly have worked in places where there were only couple of minorities making up 2% or less of the work team. You know and learn EARLY that you can’t let coworker’s know your business b/c they feel like they should be doing good and you should have NOTHING. You have to play EVERYTHING down like for going to Disney, you have to either say “I might take my kids to the little amusement park for the day so they can work off some of their energy.”
@@paulacurrie2441 Learn this the HARD WAY. 😂😅🥹.
Facts, do not tell them that you are spending like a millionaire!! Tell them that you are poor!! Lol! I'm from Barbados...people think I'm rich. No. I use airmiles to buy my flight and stay at the hotel of Mum and Dad once a year...I'm not even going this year because it's too expensive!
My thoughts exactly
People are waayy to comfortable living in debt. This would keep me awake for weeks.
So true. One of the worst off people I know has a Tesla, 2 dogs, buys expensive coffees... They ALWAYS have a dog!!!
LOL
Cat is not cheap to have either 😅
It’s the 2020/2024 status symbol
So exactly how does "expensive coffee" or a dog mean those people are the "worst off?"
@@jerrylundegaard2592because they just laze around doing nothing, living a fake life of luxury and spending money that isn’t even theirs.
Her and her husband made some insane financial decisions. Out of work for 7 months but still paying for daycare, paying for friends schooling, helping out a single mom, bought a car, took a vacation. Really really bad decisions made.
Fr seeing this makes me realize, ugh I can be smarter than this 🥹
12:56 I feel like she would’ve been better off canceling the child care and watching the kids herself than the 9 dollar an hour gig
Girl is in 65k cc debt so in reality she’s really probably closer too 100k cc if you consider it’s high interest debt.
Funny shit is she probably wasnt smart enough to actually apply for a 0% APR so she could do this for 1 year interest free
Well that’s only cc debt. That’s not the cars because apparently she doesn’t consider the cars debt.
We did a debt consolidation plan and paid a lot towards it! We are now under $20K in debt! :)
@helloamandaleigh Aw bless your irresponsible little heart! You're about as capable of giving financial advice as a Duggar would be at giving advice about birth control.
Balance transfer checks. 4-5%, which is cheaper than the current mortgage rate.
Prime example of counting your chickens before they hatch.
Right!!!! If it’s not in my hand, it doesn’t exist. I’m not spending until the direct deposit hits my account!
Right
Hey. Fairly new to the channel but I love the content. I often listen to your videos on full blast in front of my wife because you pretty much echo the same things that I tell her all the time. As a sole provider for a family of 7, sometimes we are gonna have to cut back in order to maintain the necessities.
$66,500 in cc debt at 25% interest is 17k a year alone just in interest. That hurts
That amount of credit card debt is more than the cost of my undergrad education.
I was traumatized when I saw that I was paying Discover $250 a month in interest!!! THAT'S when I decided I had to get out of debt. I've been debt free since Jan 2019. The habits that got me out of debt will stay with me for life!
Use the balance transfer checks and divide by 12 to pay off. Less than 3k.
I wanted a car loan once and the bank said the interest was 3%. Right before I signed online, the interest went up to 8% in small letters. I simply closed the window and said fuck this I am not going in debt for anything other than a mortgage, and I am not giving this nasty bank my money. I should have just not bought a car, then I wouldn't have had to drive to the shitty job I thought I needed and wouldn't have had depression from the commute. But my parents bought a cheaper car for me. It broke down after seven years. With everything that happened in the meantime, covid and energy crisis and inflation, I really started hating consuming in general. I sold the car and didn't buy a new one. My new job is a 15 minute walk and hybrid. I save like crazy. I don't give money to no one except the union, some clothes, some basic food.
Yes I agree with people thinking they are too much too do certain jobs. I am in debt and a teacher but I work part time at McDonald’s and make $13 an hour. Every little bit is getting me out of debt!
The true crime here is that teachers should be making more so they shouldn’t need a second job
Literally this! I just commented on someone else’s comment where they said they haven’t had a job for eight months. I was like babe. You just need a job at that point. Those believe they’re too good for certain jobs deserve to be poor. That’s kind of what my sister is doing because she thinks she’s better than everything but she’s a single mom like pretty much a single mom with no job.the father is a deadbeat so he doesn’t help with anything. Like you can’t be picky about being a physics tutor no girl you need to like work at McDonald’s so you can get money for your baby to have food in their stomach.
I applaud you and appreciate your humility.
@@pizzadogmatrue but what are we going to do about that NOW?
You will get out of your debt! I'm rooting for you!
really appreciating u to do these kinda videos coz not many influencers r out there who r teaching women on how to save money . the influencing business has become so brutal that it is breaking ur wallets now and only teaching women on how they shud by that product or this product ughhhh its sooo mind draining thing to always looing out for products products products and only products for that instant dopamine hit to feel good nd all that bs . i hope ur videos reaches out to millions and many other creators that i've come across around these days who r touching these topics i think its so imp to talk about this problem nd ur doing a really genuine job ❤❤❤❤❤❤❤
people have no idea what cutting expenses is. when i was really in the struggle i was eating hot dogs and frozen broccoli every meal for MONTHS. I rode a hand-me-down bike everywhere and only drove to work. My only non-needed expense was a stuffed dinosaur to keep me company in a completely empty apartment.
Cutting expenses is impossible because we enit taught how you manage out money at all
The stuffed dinosaur. 😍 🦕
@@WildArtistsl did you have a stroke while writing this comment?
@@ryt1995 MVP
bro this is wild!
If I was her husband, I would be so embarrassed and upset that my wife came on the internet and told the world our business.
He's not because she's about to make the money to pay it off people love this bs
@@ty.365right. I'm sire she has some type of influencer tiktok/social media and is taking in money that way
She’s the breadwinner. He should be embarrassed. 😂
@@ty.365I was thinking the same thing. Hopefully they discussed it first though.
They want to become social media famous so they can pay it off 🫣
I’m really glad that you were empathetic and understanding in your approach! While it’s easy to rip on the person in the video, you gave constructive criticism and were gentle in your approach! :)
"Why are you goin' to Disney?????" 👏👏👏The thing is, it's not like she can't go to Disney. She just can't go RIGHT NOW. It honestly sounds like she has a repeat issue with instant gratification. The spending money before she has it. It's like just WAIT, girl! Wait until that check is in your bank account before you spend it! Drive to a local beach or go camping instead of going to Disney! You can still make GREAT memories with your family at a lower cost. (EDIT: I'm still watching, but there is so much illogical going on in this woman's house! Edit again: I agree with you 100%! If she needs shelter, give her shelter! Give her a room. Give her a couch. Don't pay her bills!)
My smallish town has a ton of local stuff to do.
@@snowqueen51that’s exactly where we take most of our vacations. Small town, weekend getaway, AirBnb’s are like $150 a night, go on a hike, go to the lake, etc. Disneyland is fine if you can afford it but why go thousands further into debt for a trip when there’s plenty of cheap fun to be had elsewhere?? Folks are crazy
Hey Jen! Never imagined I’d find you here
I might not know the details but couldn't you also sell the annual pass to someone else? Like get your money back!
I've never been able to relate to Disney people, they feel like perpetual children to me.
ed. not counting those who go once for the experience, I'm talking those who go frequently.
If you’re making 400k a year, you should easily be able to float yourself for 6 months. It’s recommended by most financial advisors to have money set aside for this purpose. These are my questions:
1) why are your kids in daycare, if you’re unemployed (or making $9 per hour which doesn’t cover the cost of childcare)
2) did she file for unemployment?
3) why not rent your car or do instacart etc to make money to pay your car payment, bring your kids along
4) you got a puppy? For what purpose? That’s irresponsible. We recently adopted a puppy and have spent upwards of 5k for health issues we didn’t anticipate.
5) Disney and vacations need to be CANCELED! If you are unemployed . . . You can’t afford it!
I make 10% of that and could survive for over a year without working. What is she doing??
For anyone reading, remember car work requires commercial insurance. You ate not covered for any accidents that happen when you're using your car for work without proper insurance, including medical bills
@@dirtyprancing5930 Yep and I hate when people give out bad advice
When you make over a certain amount of money, you don’t qualify for unemployment event if you get laid off. Been there, done that.
A friend once told me to “live below your means”, it was great advice.
My dad had to bail out my uncle (his brother IN LAW) about a decade ago because he was going to lose his house to foreclosure and my parents didn’t want their elementary aged kids to be homeless. So my parents (I said my dad bc my mom is a SAHM so he’s the one earning) gave him over 5k to save the house. That Christmas about 4 months later they took their girls on vacation to another state and went to the American girl doll store and spent over $500 on each of them there then bought both of them MacBooks. My mom was livid and they’ve barely spoken since. I assume they did that nonsense on credit cards but my mom was furious he needed money from her to not lose the house then continued to be irresponsible.
Bro I could put my whole life on credit card for two years before having $65,000 in debt. If you lose a job you need to cut back, and the fact they drained all savings and kept none for that exact emergency is a hollow choice.
I think cutting back things you got used to is way harder than lifestyle inflation.
I some cases it takes several months and additional money to cut back e.g. to move into a smaller apartment or to a cheaper area.
Dude, fr. Like I know it's a drop in the bucket, but she even mentioned paying for Netflix and that's pretty telling of how much cutting they did.
Your job is gone? Day 1, stay in bed and process. Day 2, shut down every expense you can and make a new budget
@@dirtyprancing5930 I don't think that Netflix got them in trouble but it's a more obvious expense and simpler to lower than rent, car payment, car insurance, food subscriptions or delivery etc.
I respect her transparency, openness and accountability on this.
Why put the kids in daycare when you have no job, and the puppy!? It's like she was like "Oh well this is no big deal" like wtf...
Edit: because too many of you don't seem to understand. In America you don't HAVE to put your child in daycare, and she did something stupid and used her emergency fund when she shouldn't.
Because some people don’t want to deal with their kids all day smh
@@Bloom2Grow
Why did she have kids then lol. Like my daughter is home all day with me because I can't afford daycare. It's difficult, but like that's parenting.
She mentioned both her and her husband had other jobs after being laid off, she didn't mention that they worked remotely. Who was going to watch the children, if not the daycare, when they go to work?
@@solanaszoo this is so sad. This American way of doing things. Relying on strangers to “watch” your kids. Her parents or his parents should be watching them when they can’t, family members, church friends, aka any sense of actual community. It’s actually kind of sad that Americans have been taught to outsource rather than rely on their family (their village) to help in taking care of their kids.
@@Bloom2Growthen don’t have any smh what kinda comment is this?😒
A lot Americans have a spending problem but complain about everything is high. They don’t budget don’t save just complain. I was one of them living above my means learned a huge lesson.
Many, many years ago my cousin worked as a bailiff. He'd visit households with top of the range kitchens, bathrooms, furnishings, decoration, audio and hi-fi, expensive cars and vacations. Not a cent in their wallets.
Girl! Helping the friend was a noble cause but they were not in the position to do that. One of my friends recently asked me for $300, stating she was gonna pay me back, but I had to say no because I'm about to have a baby. She might pay me back but she also might not and $300 will buy me a dresser and rocking chair for my baby's nursery. Or heck, a carseat and stroller!
I have about 20k in debt. I moved back with my parents to get it all paid off. I LOATHE myself and my past decisions BUT I have to take a step back and realize that I AM MAKING PROGRESS. if you aren’t a credit card person that’s fine! Please take it from me; be kinder to yourself, take control and learn from your mistakes. You can do this ♥️ we can do this ❤
You have the right mindset…once you pay your debt off…I believe you will and not do it again. Great Job, keep going!!!!
Just paid off 12k in credit card. Immediate relief
Why do people have this necessity of exposing themselves online? 🤯 Then other people start getting into their business and they don't like. So confusing
Right. We’re gonna get into their business whether they like it or not. They basically asked for it. When they get negative response is when they start getting defensive.
I’d much rather have people telling the truth about themselves than deal with people faking it and putting on a show. Neither are desirable but I’ll always favor transparency and honesty
It really is bizarre to me. However, I'm also someone who doesn't seek or want attention from strangers, so I can't relate.
I actually applaud people who have the courage to come online and tell us these things. It’s a great lesson for the rest of us! We can learn from their mistakes. I pray she’s able to get and stay out of debt somehow.
So they can get the views and eventually live off social media alone.
As my mom said, “don’t spend money you don’t have.” It’s very simple.
One would think but this is truly a test of intelligence. Capitalism preys on people's insecurities and those of lesser intelligence and education.
I like your outlook. Thanks for being kind in your review
For me 8 months without a job. This season that we are in is appreciate what you have or be without. Hold on to your jobs ladies‼️
How do you allow yourself to not have a job for eight months? At that point you’re doing it to yourself. You need income babe it don’t matter the job at that point. You guys are ridiculous for doing that to yourselves. Reminds me of my sister who literally has a two-year-old daughter and has no job and a deadbeat father.like what are y’all doing?
@@MaffyTaffyHaffyhow does she survive
I will never leave my job UNLESS I’m already hired for the other one.
@@KAye633if i get fired ill take a low wage job just to have money coming in like hell man i could never live off a credit card souly
@@MaffyTaffyHaffyI think you’re projecting your frustration with your sister onto a person you don’t know whose circumstances you are not aware of. No need to leave unkind comments here!
My husband does work for the government and I co-own my business that has been operating for 50 years and I still don't consider our jobs completely stable. First thing we did when we graduated college was make sure to build up a savings account. We have never touched it no matter what we want because we know that tomorrow we could both be jobless and then we will need that money!
I’m in $7K of credit card debt because I was out of a job & needed to survive. Even then I knew I couldn’t be going out & buying things I didn’t need. I finally have a job & will be hiding my credit card as soon as I have a paycheck.
Years ago when I worked in a bank, I was floored by the number of people who would do their taxes, see what their refund was going to be and then come in and take out a loan so they could go buy something because they couldn't wait for that money to come in. Absolute insanity to me, you've done without that money all year, you couldn't wait a few more weeks??? My husband lost his job suddenly when the company he worked for suddenly went out of business--we had two weeks tops to prepare. Nothing is guaranteed.
When I worked at a bank (pre-2008) I remember all of the posters they made us put up trying to get people to get an equity loan to pay for their kid's college or wedding. I was telling people, please don't take out a loan for a big fancy wedding 😅
Why the fuck were they paying for daycare when she was unemployed lmaooo huh?
So they didn’t lose the placement, duh. These things have goddamn waiting lists.
@@lateformyownbirth so based off her numbers…. She paid almost 20k while being unemployed to not lose a “placement”… man hell nah lmaooo
@@lonnieswag100 well, she didn't know off the bat that she will be unemployed for that long, propably thought it would be a quick deal so no wonder she didn't want to loose a place a daycare, these things are crazy to get into
@@lauralanthalasa7still a bad excuse it wouldve been cheaper to be on the waitlist and hire a temporary babysitter once she gets the job. I doubt it wouldve cost $20,000 for a babysitter
@@TheBlackAztec3hiring a babysitter is more expensive than daycare. You are paying the sitter per hour. Daycare is monthly or weekly flat rate. Also sometimes it depends on the area where you live where you have limited options( either you have a high cost daycare that’s worth it or one that is just overpriced) so if you find one that’s affordable and good, it’s hard to let go knowing there is a possibility of loosing that spot. Meaning when she gets another job, she might ending up enrolling her kids in an overpriced program.
I have £6000 debt which was stressing me out but this made me feel better. I plan to have it paid by end of 2026 and be debt free ☺️♥️
This is why I’m not bothered what everyone gets up to online. I don’t know how they paid for those things. I don’t get jealous. I just concentrate on my own life.
Both her and her husband conflated the concepts of emergency and slush funds. Tummy tuck, remodels (beyond critical repairs), and new lifestyle upgrades are not the purpose of those savings. It was a spending spree which parcipitated this.
She got messed up with that nose job, too. It looks like the tip is about to fall off. I am not trying to be mean on purpose, but they really have been spending money on dumbness.
Yeah I don't pity her at all. I have 22K of debt but I never in my life have I ever had 10K in cred debt especially on one card. Separately? Sure. Debt for emergencies? I understand. But for a home renovation? A cosmetic procedure? What? Isnt she married? Fuck she need a tummy tuck for?
tbh, if you're in the position of having a critical repair and don't have money, we live in a time of UA-cam, it's best to at least try to fix it yourself. the TikToker is wild to think credit is the way to bridge the gap as the first option.
I agree! We assumed we would be able to replenish the emergency fund with the bonus. We made a huge mistake!
Symone, I am so glad I found your channel. You have tons of good advice to share with all the generations! ( I am a Boomer, 67 y/o.)❤❤❤
I panic about not being able to pay off a $15 monthly subscription if I’m like a $100 off on my debit- I cannot imagine $65k on credit with children and a house, jesus.
If u have the income it’s not that bad. If u don’t your basically over 😅
Please don't take Jesus's name in vain. He is the Lord and Savior of us all!❤
@@lilacscoffee9360 I’m agnostic 🥰
@@lilacscoffee9360not all of us :)
@@lilacscoffee9360keep your cultish nonsense to yourself, my lord😑
I understand keeping kids in daycare because child care has waiting lists& good childcare is hard to find. But paying your friend to go to cosmology school, getting a dog, & going to Disney absolutely ridiculous.
$65,000 in credit card debt is insane. I was as high as $45,000 in credit card debt, at one time, but the vast majority of it was 0% interest (computers, some travel) and now I'm down to $13,000 in credit card debt (majority of it still 0% interest) and I gross $152,800 (net $97,708) a year.
what’s your occupation?
Luckily she is young and learning from her mistakes. She really does not need to be bashed. She is out there trying to educate others.
Thank you for the love and support!
I think we all need a little love and understanding! I've got about 6k in credit card debt and my car payment, no mortgage. I'm 35 and was an addict for 10 years, and just in the last year, I've really buckled down and started taking this debt seriously. I'm working 7 days a week cleaning houses while I'm not doing my 7-3 job. I've made a strict budget, and it's so hard, but it's doable!
Daycare whiles unemployed for 7 months? Am I missing something?
yep , the girl took a callcenter job for 9$/h
Yes you are.
Sometimes daycare have months long waiting list and finding another daycare isn't easy depending on the areas. So if you drop out for a few months, there is no guarantee you'll be able to come back.
😅😅😅
😅😅😅
My mum always said don't spend money until it's in your bank account, I'm 55 and I've never had a credit card and I never wanted one
My company gives sign on bonuses (5-6 figures) but the catch is if you get fired or leave before a certain period you have to pay it back with interest. Many people I know bought homes and cars and then found out they didn't like the job and are stuck. Never spend money you don't have! I put mine in a saving account and never touched it.
In my country credit card debt is not a thing. Debit cards are the norm. So it's so bizarre when Americans speak so casually about having credit card debt 😰
Interesting, what country are you from?
Most people shouldn’t be allowed to have credit cards because they don’t use common sense everything shouldn’t be bought with a credit card
@fatimamanneh9432 I was just watching this video of this mom laughing at her daughter because her daughter was reading her credit card statement, and it had a pay now section and the daughter was asking why would she have to pay when she already used the card to pay for it.
In the Netherlands credit cards are barely a thing either. Also we do have stable jobs (a.k.a. once you get fired you have a little bit of time to find something else, and otherwise we have a social safety net)
Same with my country as well. Debit cards only. If we can't afford it we save money and then buy or else we don't. For lower income families vacations are not a thing. Most people cook at home. Eating out is a special event. Credit card users do exist but they are very rare. And I have heard them go super broke later on. It's sad.
So grateful to say I have $0 in credit card debt and I’ll be debt-free in 3 years (All I have left is my graduate school student loans and I’ve been paying down all six figures of it since 2019.)
Her broke friend could have watched her kids for the fraction of the price.
You’re right… but there’s something going on with that friend. I think she was being paid off or “bought”. There is something sexual behind it, I’m almost certain.
@@audreyandrea460wtf. what did you get that from? you must be a pervert to immediately think that.
@@audreyandrea460that’s quite the assumption.
@@audreyandrea460this is an astronomical leap you’ve made
@@nickj12bro ong wtf🤣
What I'm confused about is, if she's not working, why are her kids still attending day care. She should be the daycare. That alone will save them thousands of dollars.
She does only fans and doesn’t want the kids in the house while filming so they’re in daycare. Idk even why this woman is a topic
She has to keep her spot in daycare for when she does get a job. most daycares have waiting lists
3:29 if she got fired two weeks later shouldn’t that have been quick enough to cancel their upgrades?😅
My late mom always told me to live below my means. I have taken that to heart and never spend money on extravagant things.
I’m in 1k debt, but I was in grad school and working a part time job without any benefits. I got a concussion and that’s how the 1k debt happened. I’m 24 & I’m pretty careful with my money. I feel guilty about using the credit card at all. I’ll be paying it off this month as I got a full time position and I’m feeling better from the concussion. I feel health issues and debt is more forgivable.
I got a surprise 10k medical bill when I was taken out of network while I was unconscious.
This should not be allowed to happen.
We wouldn’t let people sign loan papers or contracts while they’re concussed. Why do we allow this for medical bills?
You really should not be forced to pay the bill for what is essentially your own kidnapping. It’s just so crazy to me.
Thank you for creating financial awareness & responsibility content. While watching this video, I closed my student loan account, cancelled my Spotify & will not purchase any skincare or makeup until I finish what I have. xo
You're 100% correct, the private sector is extremely volatile, there is no such thing as a "stable job". I've been in my career nearly 20 years, I just got a raise/promotion this year and still live with the fear of randomly losing my job.
I live a wee bit beyond my means because I don't have kids or a husband to support, and sometimes I feel bad about my lil debt... until I see stuff like this ... 🤷♀
You should still feel bad about having your little bit of debt. Little debts can easily turn into big debts. Stop living above your means.
I'm so glad she is learning from this and sharing it with us so we can benefit. I commend her transparency.
Thank you for the kindness! ❤
@@helloamandaleigh Of course! I have another channel on budgeting and I know what it's like to have people comment on your financial decisions. Again, thanks for your transparency and I hope things have gotten better for you and your family!
@@wendycoop that’s amazing! What is the channel name? I’d love to check you out!! 🖤
I’m $300 in debt and that’s something I can’t afford to pay in full. I had to cancel my credit card because I knew I couldn’t afford it and I’m still learning how to be financially responsible.
Chief Financial Officer that can't keep her own financial house in order?
A bonus is a bonus, not guaranteed, ever!
A bogus chief financial officer?
that's what i was thinking 😂 like girl... maybe there was a reason they let you go.
She reported to the CFO. I don’t think she was the actual CFO.
i have the opposite problem… parents were so frugal growing up (despite having money) that even WITH the money in my bank account i feel like i have none to spend
My family is the same
Thats a good quality to have lmao
“In the moment is when you need to say I am not doing this” that hit hard!
Why do people feel the need to tell their personal life online? I hate social media.
RIGHT!? Lik then people will be like "Why are you judging me" like YOU SAID IT FIRST?!
Maybe they have a humiliation kink ? I see no other explanation, she knew she would get criticized.
Not all of us work in waste management 😅
Some people value attention over money. I often think it's because they feel empty inside.
Then why are you here? You are volunteering to be on social media and you hate it? Insanity.
i love my bsf but i wouldn’t spend 15k on her if im in crippling debt . she jus gon have to live with me for now 🤷🏾♀️
The minute I hear single mother and they paid for her school and bills ........ I immediately think her husband's the father. Something ain't right
@@meoshie Bingo! It’s sexual for sure, imo.
@@meoshieme too! Unless it was her sister!
I immediately thought " suspicious"...
It took me two videos this being the third to see if I wanted to subscribe, but I’m happy to say I am a new subscriber! You hit it on the nail “stable job” my father taught me very early there is no such thing of a stable job.
shes silly. If she was smart she would have moved the friend in to take care of all the kids and paid her a bit of money for the child care/a free place to stay, while they collectively pooled their money together and planned how to get out of their situations as a village.
her husband would’ve probably been banging the friend most people can’t move friends in nowadays
We don't have a spare bedroom. :)
Never leave your kids alone with anyone. Even a friend.
Not the girl in the comments 😂
@@helloamandaleigh... there's no advice to give then if that's really the response
I just put $2100 in car repairs on a credit card that is interest free until august 2025 and it stresses me out. I can’t even imagine what this feels like. But I suppose to certain people such extreme debt is normal.
She said she was without a job for 7 months... WHY are her kids in daycare!???
WHY is she spending money in unnecessary beauty items, such as those eyebrows, those lip fillers, those teeth whitening sessions, those expensive fake nails, those other fillers around her face being a young wrinkle-free woman???? I'm a single mom of 4 and I don't dye my hair, I can not afford nails or pedicures, I can barely afford some make-up items from Wal-Mart and I do not wear it daily, perhaps once or twice per month, that's just me. Sometimes, I can barely afford electricity, so I really do not understand all these little "luxuries" some people give themselves such as nails and pedicures.😢
I had 36k in debt on credit cards... once you're charged 18-29% interest a month, you know you have to get it paid. I got a 2nd job, opened a new account & saved 14k-21k a year form 2nd job. I lived off my 1st job income 36k paid my living expenses which is about 24-29k yr & 2nd job income went straight to cards..
Took me 2 years to pay off. Now I still work 2 jobs & 2nd job income gets used on inflation.
I had to go through bankruptcy and lost my house to get the wakeup call. Now my car is 2nd hand and paid off, and ONE credit card with a $500 limit. I am doing fine with less. Material possessions can be lost in an instant, put your priorities in those you love.
I told my husband that, I hate vacations now because you always have to come back and face reality.
I also told him I’m against credit cards, they almost ruined my life when I was a young adult.
With her earning potential, I am getting the impression that $65k is not the deal it would be to most. She said it's a few months for her to pay off. She goofed, but can actually recover with another job in her field.
It won’t matter if she doesn’t change her behavior making money doesn’t mean anything if not being spent wisely spending all her savings was dumb
Doesn't matter because she can dig herself even deeper if they don't change this behaviour. Them making that much means they should have put enough aside (without using it in anticipation of a bonus) for at least a year of unemployment. There have been many who had even higher earning potential and ended up completely broke
Honestly if I didn’t have financial literacy I would have made the same if not worse mistakes. It’s honestly the mercy of God.
This isnt even financial literacy it’s just common sense to not waste $20,000 on daycare when unemployed lol
@@TheBlackAztec3She didn’t think she’d be out of work that long. No one does. And she was still working smaller jobs.
@TheRealCatofchill, some people still believe in that sh*t, give them a break. (I don't)
@TheRealCatofgrowing up is allowing others to live their lives the way the want as long as they are not hurting u or using your money
Please can we allow grown adults to be accountable for their own actions instead
Moral of the story: Don't ever spend money you don't have! Credit card is NOT the money you own. Don't adjust your money to your life style (specially if you don't have money :'D), but adjust your life style to your income/money you own. Thank you for the video! This is really great video ❤️
This is why *financial literacy* is important!
I dont believe im going to get any money until I see it in my account!
Same 😂 live like I'm going to be unemployed next week 😂
Repairing stucco is expensive! We waited for a few years to get this done! And then I heard about the tummy tuck and was like ok I give up 😂
0:02 inner Caleb Hammer surfaces 🤣
Hahaha so true!
Yes lol
Lmao taquitos taquitos taquitos
No i would not help a friend with that much money while being in debt. Even if I was not in debt. She’s such a people pleaser.