Comments by "donaldlyons17" (@donaldlyons17) on "Why Young People Are in SO MUCH Debt in 2024..." video.

Thank you for being realistic about the future!!! Yeah people online sometimes don't seem to think deep into the future about the impact of stuff... Like debt to buy stuff is just one of those features!!!
17
@ddbb6618 Yeah and the issue is that avoiding some of those problems is way more difficult than the host make it sound. We can't live in hindsight but IMO the host talk in hindsight!!!!
4
That sounds unworkable. Driving hours to work means driving house to change careers and jobs probably too!!!!
2
You do realize some people don't understand that!!!! Heard my dad say well food cost seem reasonable so people must just like to complain. Dude you made 6 figures while working, plus you bought a house with an income more than high enough to have bought a way more expensive house..... school compared to income as not as expensive and housing lets not even talk about that because the median house at 400K is at least 6X median income!!!!
2
No young people have to become specialist to make good incomes in some cases which in turn requires paying... And housing is something everyone need but there is too little housing and other problems so prices are high compared to median incomes.....
1
@tony9146 Well listen an advance education IS SOMETHING we agree on problem is all that cost someone money even if it is not you!!
1
Your parents bought at house for 1/2 the price right? Even at different interest rates because it is percentage based something that cost 2X can have the same payment. Example 6% of
1
No the people who don't understand seem like they didn't look up the stats!!!! BUT lets be real many don't bother checking numbers.... which I can't explain why!!!
1
But without becoming a specialist how will people make ok incomes?
1
How can they worry about investing young if they are busy trying to get those white collar jobs..... blue collar at old age does not seem good but I have meet many white collar who are the same age and still do ok!!
1
Dude again people do need incomes that can cover the basics at the minimum. Is really surprising people who are desperate don't always think logically?
1
Dude where would you be without the military? Plus without benefits that the government provide things should look a ton different. Most of the rest of the population IMO can't be apart of that because the benefits offered likely would not be offered if they all joined!!!
1
@jimbothegymbro7086 Well but there is also the problem of rising prices compared to incomes. Example my parents make as much as their original house was worth at the end of their working careers!!! While for those buying 400K houses are more unlikely even with two people to make 400K combined income 30 years from now!!!!
1
Why do you regret a $400 purchase? Like I used to be saving $400 per month on average!!!! So at least in my case it only cost me 1 month out of 12 to buy those sunglasses....
1
@roxanna1971 Well but if you make multiple times that amount how is it not possible to do what you could have done now? Example I now make just under double what I used to so if all goes well I can save 1K per month vs. only saving $400 per month back then....
1
@mazohyst8148 Well but did they really know? Reason I ask is because I was on a video somewhere and people who I did not know for years recognized me!!!! So they may know they are on a show but fail to realize they will be forever associated with it and stuff surrounding it!!!
1
"Never been laid off" and yet you don't think that is why your were able to be a 6 figure too maker?
1
@stevejones01 dude you are a boomer right. So as of the last time you were very young housing did not exceed the median income earners income.... it has been the 1st time in 50 years!!!!
1
@ryanh2479 Well is it though? My bro works online and makes 10X more than I do in construction so nope can't disagree more!!
1
@tony9146 Why would any of those professionals what to end up on YouTube? They already make ok incomes and have other things helping them. Now those without the ability to get those types of job have reasons to be online because they will often struggle because they lack stuff....
1