Comments by "donaldlyons17" (@donaldlyons17) on "Humphrey Yang" channel.

  1.  @RGE_Music  Depends on his job location and the type of job. Some people have jobs they have to go into other have job they don't.
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  2.  @steveguillory7568  Doing it is the issue. Just because something is possible does not make it likely at all. Getting an education is more than just tuition and books what about housing, transportation etc. (everything else that cost that "free" does not cover?) Plus buying power matters because it could be cost outpace income so excess money in the past goes quickly in the present.
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  3.  @James-eq8cq  If your 29 you should already know what is possible for you might not be possible for others. Buying a house using traditional methods is an ordeal unless one is making a certain amount to outpace expenses. Over 10 years ago I could not even get the 3 people I lived with to pay $135 each per month to rent from me while I paid the other half of bills. So having seen that it is possible some people will never own a brick and motor home!!!!
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  4.  @lindsayann7756  Well telling people to live without pensions and S.S. would leave a lot of them totally broke!!! I don't know anyone in retirement who does not draw upon S.S. which is crazy because if making money work while working was a thing for the majority why do they need S.S. or pensions at all?
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  5. Yeah many onlie say switching jobs is the easiest way to increase income and I tend to agree.
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  6.  @James-eq8cq  So it is not hard YET: "problem is most people are either too afraid or they speak to the wrong people at hiring events." That to me suggest it is not easy either. If people have to network that is already an issue because everyone does not know everyone else. Just because there are new and more tools does not make doing jobs automatically easier.
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  7. Yeah but truth is rich places are getting progressively more unaffordable.
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  8.  @James-eq8cq  Well do you really think everyone knows the right places or people? Yes well the people I know have to know other people who know other people..... see the issue. What your saying is true but your network of people can't also be dead ends either!!!! Subsidize life expenses is likely the more important part. Reason why is it cost me 14K a year in the past to break even. SO I can buy my own education if I can find a way to pay out only 1/2 per year for just a few years. While education is expensive life in my option is even more expensive!!!
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  9. Scary part is people say why not get a "better" job. Like 35K is not the legal minimum so what you mean a "better" job?
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  10. Sounds the same as an apartment!!
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  11.  @richard6812  Yeah some will do some training on the job but many know it is far cheaper to hire someone with many of those skills coming in. Sometimes places have preferences but assuming one has at least some of the requirements (extra education beyond high school) I think getting at least a few interviews might be possible.
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  12.  @mr.boostang2064  Yeah and I appreciate your honesty!!! So many online want to say stuff like "save on any income" which totally ignores the mathematical reality. I used to live with super low income people who had me paying 1/2 the bills and between the 3 or them $135 a month was too much!!!! So I agree with your assessment about the cost vs. income problem and the solution of living with multiple people (I loved having 6 roommates but I do admit it is not for everyone!)
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  13.  @TheRealbenjibits  depends on employeer. I know my teacher said some employeers offer interviews depending on where you went to school and how your outcomes were. For example I got a interview offer because I passed a certain test and in that company everyone who passes a similar test always gets an interview.
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  14.  @mr.boostang2064  Unless one makes a ton of money what other options does one have?
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  15.  @TheMFStudios  Starter homes go quick on the market too. I was looking a few years ago and this move in ready house was gone HOURS after being listed and I had an agent at the time!!!! Yeah and it sold for 80K!!!!!!
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  16.  @stormblade1199  Notice all those jobs require a COLLEGE EDUICATION!!! Strange people want to act like getting an education needs to look like or whatever when all the stats I have ever seen suggest those with specialized skills have the best odds of making living wage incomes.....
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  17. Knowledge does one no good if they have to have money left over to apply it and they are always broke.
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  18. Yeah but with timing and luck being a factor that also means there are things out of our individual control that can effect us as individuals.
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  19.  @ang5035  Yeah my rent for a two bed room back then was $400 to $500 each month but truth is people are not on average making twice the income. The only result is that they are spending as a whole a higher percentage of their incomes on housing....
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  20.  @licktin1091  I had two jobs during the recession so I know I got super lucky!!! Truth is luck matters because without it many of us would not be where we are now. But some people will do just about everything right and not get lucky.
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  21.  @socalrefrigeration548  yeah but there would need to be enough need to make money
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  22.  TheAlfredPlatform  Taking advantage of the less fortunate and having to use the law against them is not a good thing. But it is easier and likely less expensive than trying to make a business out of just luxury services (fast food, cleaning, and lawn care.)
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  23.  @drx9268  Hard work does not mean there was no luck involved..... Why would they be mutually exclusive?
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  24. Your telling the truth. Making excess money seems harder since over the past 5 years many of us pay about 50% more for the old place to live!!!
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  25. Why want a big house when one can buy a small shack? I think builders want the big homes in part because it likely does not cost a ton more to put a second story on and then rise the price allowing them to be more profitable once sold.......
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  26.  @dmavs4131  Well there should be away but again finding cheaper ways is very much not easy because people often ask others to give them money or offer them price breaks. They can't just "find cheaper ways to live?" But making more money is also problematic because many jobs using similar skillsets tend to pay about the same wage range. So for example you are paid less than break even while switching jobs your still short or if very lucky break even BECAUSE the wage range was just not high enough. Getting skills is also not simple nor easy as well as expensive (class cost, time missing work, books, supplies etc.) The concepts are right but their real world application is anything but cheap and simple.
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  27. We all know the majority of people get rich when they exploit the less fortunate and less rich.... He should have said IF YOU GET RICH..... According to How Money Works most people will NEVER BE RICH!!!
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  28.  @licktin1091  yeah but imagine if you were negative after that. Plus in your case you income seemed to outpace expenses. Some people somehow never make more than they spend!!!
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  29.  @DaveBuildsIt  He seems to be pointing out the problems with non-ownership.
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  30.  @foxxygearreviews7754  You also could afford to go to Atlantic Canada. The you likely already know the housing is going to be an issue for others who don't have the same option of just moving.
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  31.  @vg1024  Oh well trying to sublet is something I would not have been allowed to do so that just would not have worked for me. My new thing now is trying to get a ok paying job.
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  32.  @stormblade1199  Yep and the richest one I personally know only has 300K at 60 which is very good but for real he is still working part time. While I know more than 1 doctor, scientist who are cash millionaires at 60. So I can say for sure education allows for some people to be millionaires. But it opens doors but is not a guarantee.
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  33.  @juanmagdaleno732  I am so glad you wrote this because it show why some issues are as bad as they are. But for real any young person with parents in their 50's or 60's only needs to ask their income and the house price at the time they bought. This info will become clear very quickly.
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  34.  @rawgamehaney5525  Central costal Virginia
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  35.  @steveguillory7568  Well there are fees that will likely go up over the years. I know this because I was looking for housing to buy before Covid and talked to some of the neighbors and they told me their association fee was at minimum about 24% of their mortgage 30 years ago so.....
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  36.  @wallacelongbottoms2739  Aiming higher is ok. But getting a better job that will pay more is not that simple and yes it is the bottom of the barrel but you do realize the good jobs are not easy to get. If you have to be able to do X,Y, or Z why would getting a better job be simple nor easy. Also another issue is that few want to make the legal minimum too so there is plenty who aim high which means for every ok paying job there are bound to be too many applicants per position.
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  37.  @johnmusser8925  If we only got what we paid it that would be fine but truth is people with SS are being paid for by current workers..... So you paid for the people claim it before you and current people pay into it for you now..... That is like me at 65 saying I pay in so now I get it back. I know that many are not wealthy but no your being paid for by those paying in now....
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  38.  @johnmusser8925  Yah your telling the truth they should have told us just to save everything in a cash investment account.... But telling people they will have to spend their entire lives poor to avoid total poverty when old is a hard sell....
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  39. I think prior to COVID it likely was but yeah now I see so many jobs offering $14 an hour. Before in 2009 I lived fine on $12 so if jobs that used to pay $9 now pay $14 expenses must be "through the roof!!!!"
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  40. While hard work with hood rich tenants you can't go wrong because they will almost always be willing to pay.
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  41.  @sko1beer  No to own a business it take other abilities like the ability to count, maybe know how to work around problems, understand how a business runs, capital, understand and follow laws, and regulations compliance. WTF are you talking about to be self employed takes way more than commitment and "not partying" and "netflixing" all day way, way, more. It takes the right environment too when one depends on customers...... When borrowing money it is always super risky that is part of the reason why lenders want an interest rate. One way or another people that get into landlording can't be poor because banks poor people who can't pay tend to default on their loans in my experience.
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  42.  @UltraK420  Yep assuming you have a diagnosed disability a lawyer is something I would think about but this is not financial advice. I used a group who now get some of the S.S. money like 6K of the rewarded but for real it is money from the tax payers which I am lucky to even have access to.
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  43. Dude what are you talking about? I don't think people want anything but affordable prices for the most basic and needed services and goods. Yes some don't do what they could but there have to be millions doing everything they can and they just did not get lucky enough it has worked out well yet.
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  44.  @steveguillory7568  Yeah but you have to deal with associations. It is not like a house on a main road where there is no HOA. But for sure those places are way more expensive now....
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  45. Yeah but without the loan would better income options be there?
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  46.  @M7-BL4D3  Yeah you and me both. I still think specialist education gives the best odds. Well if I get an ok job because I have some additional training in a particular field I can say for me education was likely required. I just can't see being able to afford to own a home without a high enough income and in my case it will likely be because I got connections and training through education.
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  47.  @licktin1091  It is good your not only employed but could afford to move and relocate. Yeah in certain markets it is almost impossible to afford to do much.
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  48.  @licktin1091  Well if you were broke how did you afford to do stuff? You went broke but somehow still end up with a place to stay? My view is that you were either very lucky or it just so happened to work out. The problem is that it could have just as easily not worked out which is unfortunate because in my experience companies don't need people who can't pay them so they will only allow what they think they can make money on.....
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  49. There is something crazy about spending 2.5 the length of time to accomplish similar buying power outcomes. That sounds right to me but with that difference and home affordability being different it just does not make any sense why people accuse the younger ones of being anything but unlucky.
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  50. Yeah but making money is the issue not if there is a way to make money. That is like playing the lottery and hoping for a win. Well yes you have to play but very few win. In my experience just collecting rent from poor people is an ordeal!!
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