Thread 510890403

Why are Zoomers so bad with money?

More liked maxxed out am I right fellow incel chads

>>510890403 (OP)
Have you seen the price of food and the switch 2 in Trump's horrible economy?

>>510890403 (OP)
Cause everything has gotten really expensive, money is constantly inflated and there's very few high paying jobs for new grads even with college degrees. These kids are trying to live a lifestyle of a previous generation with much less wealth, millenials went through something similar though not as bad

>>510890540
>Have you seen the price of food and the switch 2 in Trump's horrible economy?
Not really. I just buy lots of eggs and eat the eggs, between 16-24 eggs per day. I'm not much for newer games these days.

>>510890403 (OP)
They've internalized the fact that they're forever going to be stuck withing the same low 4 figure spending bracket where at best they can buy a $2000 PC or vacation so why the fuck should they care about the maxed out usury device?

>>510890677
>etween 16-24 eggs per day.
You must be as big as a barge

TF are we supposed to do with $700 bucks? that’s like half a paycheck

>>510890403 (OP)
I max out my credit cards with zero intention to pay back the loans given to me. I used all of the money I acquired to invest into cryptocurrency. I'll wait to settle with a (((collections))) agency. If you want to get ahead in this jewish system, you must think and act like one.

>>510890403 (OP)
oh that's weird!
like okay, I'm a millennial, pretty late millennial - my mother was a mid-gen-x type who had a child at a young age, I'm giving you this info as background
because she actually maxed out all her cards, which taught me to not use credit and only spend what I had, I only use debit cards, because my mum fucked up our family doing that shit

have we rapidly accelerated so quickly that Gen Z are now back to borrowing?
I can only speak for myself but as a millennial under these circumstances there is no fucking way I'm ever taking a credit card
I couldn't afford it

>>510890914
these zoomer niggers are literally klarna paying door-dash taco bell orders
society is, as the youths say, cooked

>>510890771
>You must be as big as a barge
Gastonmaxxing requires eating four dozen eggs as a lad, and five dozen eggs when grown.

I'll get there. Eggs are good.

>>510891142
this does not bode well for anybody under the age of 40, honestly

>>510890403 (OP)
people always cry how they can't live without debt because they are retarded consumer cattle competing with other goyim to one up each other. the goy is the enabler of judaism no other way around it. if your wife has to have a 30.000 kitchen to be better than the other women in her friend circle then you will never be able to save money regardless of how much you earn. do you have to smoke or drink? another few hundred in your pocket every month. do you need that 50.000 car to go from a to b? another few hundred saved. i despise faggots here who say they can't make it with 2-3k when when both are working. these retarded niggers belong in woodchippers

Because women shouldn't own credit cards

>>510891404
lmfao damn straight jfc

>>510890403 (OP)
>Remove Accounting from the high school curriculum.
>Remove Home Economic
>Raise an entire generation having no fucking idea what compound interest means
>Raise an entire generation without knowing what Credit or debit means
>Proceed to push them into using credit and never explain interest rates.
>Turn an entire generation and a half (Half of Gen Y) into literal fucking debt slaves
Never teaching kids how to balance a check book or accounting is hands down the most jewish bullshit i have ever seen.

>>510890403 (OP)
Creditmaxxing debtcels lmfaoo

>>510890403 (OP)
More browns=more retards getting taken advantage of by kikes

>>510891840
you think it'd could all so easily be avoided if there were "life" lessons on the school curriculum

>>510890403 (OP)
I just spent the last 6 months living frugally to pay down my $15k credit card...when it got down to $7k they upped my max to $20k.

I have enough to start a trip through Iran...but I think I'll wait til I get it to $0.

>>510890403 (OP)
never taken credit IN MY LIFE. had to do it 2 weeks ago because the convection cooker i use to eat broke but repay it the monday and it costed me 2 dollars extra,

i felt scammed, dont american zoomers feel scammed and stop using it??? credit is usually an extreme emergency resource ,

>>510890403 (OP)
https://www.cnn.com/2024/05/17/business/gen-z-credit-card-users
you know why OP doesn post the link or doesn even try to put any effort in his post?
it's because it's a bait
it's not made to stimulate conversation, it's made to generate a specific emotion

>>510890403 (OP)
society collapses soon, so gotta yolo.

MAXX'd out my cards and bought Bitcoin at $3,000.

FUCK kikes and FUCK banks - I'm never paying it back LMFAO!

>>510890632
Millenials got it the worst. Obviously none of you remember 2008 or you consider Gen z to be millenials? Youngest millennial today is like 333-34, I'd say more like 37-38 tho

>>510892167
it should be, an emergency
the problem is that it's not used as such by the people who need it for that
it's used as a way of getting through to payday for most people, and this was the problem with the credit implosion in the mid-2010s, alongside the the housing bubble bursting
all that unpaid credit coming back to bite everyone on the arse

its even worse now, like anon said, with people part-paying on delivered meals, the credit scam is more pervasive than ever before
be real sad if after teaching a whole generation of people to be apprehensive about credit, we all get dragged back to the recession by zoomers who can't afford pizza

>>510892357
I feel like we're having a pretty valid conversation about it
you need to stop paying attention to the 1pbtID because nobody really cares about that anyway, the conversations happen *in* the thread
come on pal

>>510892543
I meant mid-00's*

>>510892495
It's the new shill line to claim the great recession where 200 people would apply to a single supermarket job was "not as bad" because retarded 18yos today complain they can't afford all the shit they see on tiktok with their mcwagie job at amazon's warehouse. It's just another piece of the bullshit pie, like claiming "most" millennials own their own homes now, but simultaneously are also priced out by housing cost increases. They'll just lie forever and at the end of it they'll admit millennials are fucked but you're 50 years old so there's nothing to do about it.
>37-38
That would make the millennial generation only 1980-1987, I don't know why no one on /pol/ has ever seemed to understand this, but generations are 15-20 years.

Why are mutts so obsessed with using credit cards? When I was studying a year abroad all my roommates would pay their groceries and food deliveries with credit cards. Utter madness.

I have never used one in my entire life. Just use the money you fucking have. You should only get into debt for investments/starting a business, smartly improving credit score, or getting a mortgage.

>>510892752
>but generations are 15-20 years.
the strauss-howe are more like *guidelines*
they're just some dumb psychs who came up with a theory about it

it's easy to think about, that's why people use it, but it is just two nerds saying this shit, Strauss and Howe, and one of them is dead now
if memory serves the end of the millennial cut-off point is 1997, and it goes back 15 years, but I call anyone born before 2000 a millennial anyway

point is, that part actually doesn't matter so much

>>510890403 (OP)
because paying off your credit card is a white people thing and as we know gen z is the whitest generation since the silent generation

>>510890632
This, plus zoomers don't have any property or any prospects to buy any so who gives a shit if you've got bad credit? That's Visa's problem.

>>510892495
I graduated in 2008, yes it was bad but not as bad as things post covid

>>510890403 (OP)
>1 in 7
Isn't 1 in 7 black?
And don't 100% of blacks max out their debts because they can't plan their lived more than 2 minutes ahead?

>>510890403 (OP)
I have never had a credit card because I don't believe in purchasing things with money I don't have and I'm really lazy with paying bills so I'd get jew'd with fees on top of that

>>510890403 (OP)
>Credit cards maxed out
That means it's working

>>510890403 (OP)
When have americans ever been good with money? All you do is gloat over having a lot of money but when it comes down to the facts the average american has no emergency savings and is one paycheck away from bankruptcy

>>510892615
Indeed the problem being the conversation itself.
It's made exclusively to try to dig a divide between generation.
Op made a disingenuous post out of context and a bunch of morons are going to throw their 2 lines about how much they hate zoomer then go away.
See the only interesting part of that article wasn even mentioned nor by OP. Certainly not by anyone in this thread.
It's how you manipulate low IQ animal with their emotion.
You take something out of it's context and you create a new one to generate a specific emotion.
Now peoples are talking about zoomer being irresponsible with money instead of the economy being pants on head retarded and the banksters enslaving another generation.
OP is a Eglin poster.

>>510890403 (OP)

Brainwashed by the internet to purchase things off the TikTok shop, from Facebook and Instagram marketplaces, etc etc.

If you pay off the card in full each month, credit cards can be better than debit cards. You get added protections and sometimes various rewards/cashback. Or if you really want to be a jew, you can get 0% cards, pay the minimum, and stick the rest in savings until the 0% rate ends (don't do this if you're about to get something like a mortgage though).

>>510893522
wow you wrote an awful lot to say not very much
fuck off and post in a thread you actually like then
fucking tourist

>>510891982
Yes, 100% yes, would it fix everyone? No, would it fix a lot of people? yes
Because i shit you not a lot of people think that "Oh I can buy this with credit, and i just gotta pay it back over 3 months at 20% interest? That means if something is 100 bucks i only gotta pay 120 bucks?! wow that does not sound so bad."
But they have no idea that its compounding interest at 20% per month
Yes i think teaching people how money works is a fucking amazing idea.

>>510893626
>absolute fucking retard
way easier to just admit you're dumb buddy
fuck you
fuck that kind of thread
fuck utter fucking retard like you
you're what's wrong with the world
a fucking idiot with a nigger IQ entertained by stupid shit

>>510893614
if you are looking for the protection you can also get prepaid type credit / debit cards from visa and mastercard

>>510893678
I mean it's a great idea
just like fifteen minutes every day filling out mock tax forms might teach younger people that the system is looking to fleece them
people say this kind of thing year after year to the point where you think it would be common sense

just give the kids some lessons dealing with taxes, rent, utilities and interest and watch how people suddenly stop getting into arrears and begin contributing to the economy
stop me if that sounds too simple

>>510893698
lmfao
absolute state of you
get a life

>>510890403 (OP)
>1 in 7
1 in 7 zoomers are niggers, so this checks out.

>>510893924
>says the brown filth in a prison Island posting in a stupidly retarded thread on a dead site
lol
lmao even

>>510891840
They used to tell us in school (I'm a zoomer) "get into school get loans figure how to pay it later" they wanted us to jump into debt and figure it out later! They fucking hated me when I told students about Pell grants and made my life a living hell when I showed students how to get by without taking a whole loan this is the most Jewish country it's no wonder Israel loves us so much

30 hours a week at state minimum wage would only be enough to cover my half of the rent+utilities plus my bills if we had a shitty cheap internet connection, shared discounted phone plan, and I ate rice beans broccoli and chicken every day.
And I'd be broke down to zero every single paycheck.
No car payment, minimums insurance, no savings.
A lot of people have to live like this simply because there are only so many jobs that can hire full time and pay above min.

The reality is its impossible for everyone to be employed fully and paid half-decent, regardless of wishes and wants and should-be. If my circumstance changes and I have to take one of those underemployed underpaid jobs I'd be completely fucked as soon as I need a major car repair/car replacement.

>1/7 zoomers have maxed out their credit card
>>510891142 : >zoomers are taking out klarna loans to pay for door-dash and ubereats

I wonder if zoomers and other people are using klarna because they reached the limit of their credit cards so they moved on to another lender.

>>510890403 (OP)
Who are the idiots giving these morons credit cards?

>>510890848
>median balance less than half anyone else's
Yeah obviously if zoomies are maxing out credit cards then it's a poverty problem not a spending problem.

>>510890403 (OP)
Young people are bad with money especially credit cards

This has always been the case

I think part of the problem is, zoomers are struggling to come to terms with life being shit and suffering. They want the lifestyle of their favorite streamer, but can't afford it.

>>510890403 (OP)
>doesn't know about debtmaxxing
Saving money was promoted by the state so you put it in the bank and the bank uses it to fight wars.
Middle class wealth hoarding didn't exist before the protestant reformation.

>>510890403 (OP)
Isn't it like 9 in 10 boomers credit cards are maxed?

>>510890403 (OP)
The used car market sucks ass these days, and newer cars seem to need more expensive repairs, more frequently. Things like this, combined with rampant and unchecked inflation make it very hard to just scrape by as a zoomer. The poor bastards are entering the economy as it's falling apart

>>510890403 (OP)
im a millenial and i've never owned a credit card.

>>510899389
Have you ever stayed at a hotel?

>>510899483
Yeah it's called paying with money you have, retard

>>510890403 (OP)
I have $0 dollars in debt.

>>510899483
Almost no hotels allow you to book with a debit card. They want some sort of assurance that they can charge you in case you steal shit or fuck the room up

>>510890904
Just wait till the collection account gets sold like 2 or 3 times and then offer the Indian call center worker like 10% of the original amount.

>>510899783
meant for >>510899679

I'm just asking because I once had to sleep in a fucking field because I needed car repairs after a breakdown on a cross-country trip. I had plenty of cash for a room, but because I also didn't have a credit card at the time I couldn't find a hotel in the town that would let me book. Not a single fucking one

>>510890403 (OP)
I use my credit card for literally everything but I pay it off immediately as well.
I build up tons of points and boost my credit as well. Zero debt as well.

My credit score is high 800’s atm and working up to 900

>>510894012
Have sex incel.

>>510890632
People don’t know how to make the most of their food, they buy overpriced processed crap, snacks, and takeaway meals.

Just low IQ, non-economically literate goycattle who were born to be debtslaves

Their gay
https://youtu.be/LdHBMy3xg7c

They spend their money on "content creators". Literally paying to have some streamer say their name because they're desperate to have their existence acknowledged.

>>510890403 (OP)
>abloobloo I am so poor I can't buy eggs
death for all amerifats

>>510890914
There is nothing wrong with using credit cards BUT they are predatory and will take advantage of stupid people who are not educated enough on how credit works.

I use mine basically as a debit card and it always gets paid off immediately, It makes it easy for me to track my spending and keep an eye on my financed while also building up my credit in case I ever need money.

Short term I build up points and rewards, long term I can get lower interest loans and higher limits if needed.
But again this is because my Dad taught me early on how to be financially stable and take advantage of such things responsibly.

>>510900502
Food in Canada is pricy, but honestly my wife and I cook almost everything we eat and it’s never that terrible finance wise.

I live in a big farming region too so I always stop by local markets to pick up the fresh veggies when they get some in.

Got a huge load of fresh corn today from the recent harvest.
And we can still easily afford some specialty things since we don’t waste tons of money on single-meal processed junk.

>>510894355
>there are only so many jobs that can hire full time and pay above min
The question is why the number of "good" jobs has not scaled with population growth, or rather, why it seems that employment has gone to shit.

My answer is that economy functions like a heat engine. Greater heat differential accomplishes greater work. Thus more income disparity makes people do more. In the boomers' time, the country was running on war spoils, so everyone could have an equal share of wealth because the really shitty jobs were being offloaded to third world countries and immigrants. In our current time though, due to automation and loss of world domination, the majority of our labor market is made up of shitty jobs that nobody really wants to do. Counterintuitively, the way you get people to do shitty jobs is not by paying them more. Rather you pay them poorly so they remain poor and thus are motivated by both greed and necessity.

Paying people well to do shitty jobs would eventually make them financially stable, and they would then create their own micro-economy (small business) which does not feed into the main control structure. And the jews definitely do not want that.

>>510899783
That's news to me because I pay for hotels in cash

>>510898398
Anything is when you pull shit out of your ass.

>>510901579
>The question is why the number of "good" jobs has not scaled with population growth
It has, people are just not taught about fields that aren't the most popular. Like engineering, most people will try to end up mechanical or computer. But geotechnical, civil, and environmental are always hiring. Likewise with being a lawyer. How many try to go into corporate or defense, but never look into land? It's like that all over, where the niche fields are desperate for workers but everyone tries to get into the popular fields and don't even know the rest exist.

>>510902920
If people have to turn to niche fields for employment, that means that "good" jobs have definitely not scaled. Otherwise there would be the same availability of the mainstream jobs, which is obviously not the case.

>>510902920
>environmental engineers
FUCK OFFF NORMIES WE'RE FULL