Comments by "Joe Swanson" (@joeswanson733) on "Zac Rios" channel.

  1. Shop til you drop. But it's shocking someone making $480,000 a year still underwater....
    612
  2. posers... now that is a word i haven't heard in a long time
    63
  3. middle class should be from 75,000 to 120,000 a year. $53,000 is too low
    49
  4. i would say it's best you keep a joint account for limited funds. because let's be honest we know the wife has her own stash of money... the husband also needs to have a backup plan too.
    25
  5. you need to live frugally, invest wisely, and make more money over time for 40 years just to be able to think of retiring at age 65... let that sink in
    19
  6. don't post online because that is evidence they will use against you.
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  7. it's been changing for the last 30 years.
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  8. there are expenses now that didn't exist in the past at the same time have been baked into the mandatory expenses. expense creep
    11
  9. She better be making $40k a month
    11
  10. the last year of reliable cars is i think 2015.
    10
  11. There was a time when a Corolla level car monthly payment was like $300 a month.....
    8
  12. the scary thing is with how rampant social media is now im afraid there will be poor souls out there that will listen to this advice and basically wreck their lives.
    7
  13. Who knows what the job landscape will be for gen alpha gen beta and beyond.
    7
  14. inflation is a silent economic killer. price stability should be the most important thing any government should ensure.
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  15. basically fiscal responsibility and tightening belt but that would go against the us consumer driven economy model.
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  16. when you're use to a certain standard of living any dip in that standard is unacceptable. that's just how ti is. its like you got used to being rich and being told to go back to a midle class life style you would find that unbearable.
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  17. if not disappear the payouts compared to the current dollar vlaue of the future will be so debased that it might as well be pocket change.
    4
  18. ok so no one had it easy. never had never will. thats rough
    4
  19. For the cost involved it's a risk Many will have to take
    4
  20. Issue is even if it does exist by the 2050s and beyond the payouts vs dollar purchasing power will be making it useless. Like cool we still get $1200 checks ....when for example the utilities would cost $1200 by then
    4
  21. the near end of hte video where they talk about passion makes me cringe.
    4
  22. if you're in your 50s shouldn't you have a large enough nest egg that it should be able to hold you over?
    3
  23. again with the internet it has given people voices that in the past would definitely have not been given a platform to talk.
    3
  24. @Daveyjonesvi  what I mean is that it takes years for it to build up to critical mass
    3
  25. There was a study showing that back in the 2000s up to 2019 for every 10 listings 8 get hired but now of the 10 listings only 2 get hired
    3
  26. We'll keep seeing this if things are not affordable for the masses the commoners will advocate for state controlled economies. Its either you make life easy for people or they will want it one way or the other. Numbers always win
    3
  27. unless these people literally list their paychecks after tax and list out all their bills down to the penny which they don't than its suspect.
    2
  28. you can not use yourself as the gold standard. you have to always think of and factor in the weakest link in society a society is thriving when even the weakest link can survive without getting banged up too bad.
    2
  29. prices of real estate is essentially price baked in with 30 year mortgages lionshare of folks can not afford real estate if based on 15 year mortgages along with a large d ownpayment.
    2
  30. people were living too long and the financial markets were becoming way too volatile for companies to invest for the employees guaranteeing returns. pensions had to make average 7% return or they couldn't even pay out hte money. so if you guys want companies to have pensions... you better not live too long and the financial markets better be as stable as a rock. which neither case is gonna happen
    2
  31.  @dmsTorchwood  which would make me wonder why is the economy the way it is that makes it so hard to have any kind of retirement planning for employees
    2
  32. it's causing kids to be having their world view warped and skewed at the same time causing a lot of parents to have inadequacies feelings. this is not good.
    2
  33. i read that people have gotten into financial pickles for as long as there have been money but for sure when consumer goods were made more readily available for the masses so really in the last 100-200 years minimum we have had people getting into lots of financial pickles but due to lack of mass media it was definitely swept under the rug. you probably know someone in your life who made some questionable choices but obviously compared to the stuff we see online it's tame by comparison unless your social circle is huge and you really know some real F-ck ups.
    2
  34. Only available for some people...
    2
  35. yeah that's gonna be a tough one
    2
  36. This only became the norm in the us after ww2 with the nuclear family due to cheap large trac housing from 1946-1970 Housing prices crept up again to the point where multi generation household are a necessity again. Sadly
    2
  37.  @Momo_8k  logically your earning power should be related to your knowledge skills and demand for that. If those that have these in demand skills knowledge don't have the knowledge to make sound financial decisions than that would be like you having half of something
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  38. @goforbroke2  7 figures???
    2
  39. until they got robots that are totally semi or totally sentient AI ... if we are to change the dynamics of workplace with employers /employees world wide we would need something like the black plague again where you lose like 1/3 of the population minimum becuase that is one of the few times where employers had to be nice to employees because there was severe shortage of workers. that's what i read in history humans are basically all in or all out. either we have severe shortage of workers where employers hae to fight over each other to get your labor or a country would need to have global market monopoly where they have all the business where it's so much work they can just take it easy with the projects they want to do.
    2
  40. Need to save that money.
    2
  41. actually gen x were the ones that were really into the sub prime mortgage thing back in 2008
    2
  42. cell phone has pretty much replaced land line. with modern cars they're much more fuel efficient than manual transmission cars. also more durable too.
    2
  43. That's the thing....they weren't thinking
    2
  44. That better be net too people forget about income taxes
    2
  45. crazy thing is australia only has 26.64 million people for a country that is 2.98 million square miles. or 7.69 million square kilometers.
    2
  46. at this rate only africa will be affordable left.
    1
  47. investment firms will basically absorb all the properties and we'll truly be a nation of renters.
    1
  48. You are in the 1 percent. Congratulations
    1
  49. Why do you think Americans are up to their eyeballs in debt and one paycheck away from disaster
    1
  50.  @adventuresinrice  it is and it's not normal.
    1
  51. Unless they're top sales people with commission the admin people I doubt it
    1
  52. It's social conditioning to never be able to turn it off
    1
  53. Actually those job listings are counted hence the rosy reports
    1
  54. they always mess this up. for a single person if you make $100,000 and watch how you spend your money you should be doing fine. now if you want to be married with 2 kids on $100,000 that's gonna be tricky. because sure after $100,000 you really just take home like $75,000 and that's not FU money sure it's not bad. you got $6000 a month to work with but it's not let me spend it on this and that. nope you make sure your spending is contained. now if you want to spend all willy nilly you better make at least $350,000 a year then you can start having some fun
    1
  55. It's getting bad that I forsee in the future near future you will need 1 full time job a part time job and selling rock just to scrape by
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  56. you have 2 groups of people on this planet 1.) that can't turn it off 2.) they need the money boomers unfortunately have a large swathe of people that fall into both groups. this is very bad.
    1
  57. why is it a mistake to retire at 65... if you're not gonna retire at 65 just when was she supposed to retire?
    1
  58. I've always been nervous about buying cars
    1
  59. 1 video with 15 produce placements and endorsements..... that's like a record man.
    1
  60. if you ask me they need to stop making cars with so many bells and whistles it's making cars too expensive for the average people to buy reasonably at the same time technicians /mechanics are saying these new cars are becoming so complicated its getting very hard to work on /it's actually reducing their reliability in terms of technical specs it's generally agreed upon that 2015 is the cap anything past that point they're making cars to break down on purpose.
    1
  61. makes me wonder did the ww2 generation, silent gen boomers ever get scammed this bad back in the 1940s-1980s?
    1
  62. Bitcoin is $100k....
    1
  63. People still fall for time shares? Come on
    1
  64. my general theory is humans are essentially robots but just meat form. you program good stuff into the robot good things will come of it you program bad things into a robot bad stuff comes out of it. schook is the programming of the meat robot.
    1
  65.  @sagepirotess6312  lets not perpetuate this whole idea that online money is passive and easy. It's another avenue that's open but there are barriers to entry or like anything only xyz percent of people will succeed in it
    1
  66. that's the point the usa control the world reserve currency basically you're the banker if the banker is having problems or claiming they got problems than everyone else is gonna really feel it
    1
  67. i don't think i can continue to afford existing in this realm if everything cost an arm and a leg.
    1
  68. being human is overrated.
    1
  69. america prior to world war 2 was akin to multi generational household setup. obviously most people alive today would not have went through that. but based out of ecnonomic necessity as if you wanted to have your own house and household .. you better be making bank for that time. people forget that the modern middle class we revere didn't really spring up until the 1920s. so fast forward the middle class is a byproduct of the levit town constructions after world war 2 with lots of jobs opening up because of the post war boom. that's it. because when the rest of hte world recovered from world war 2 by the 1970s we find america economy starting to get squeezed on top of geting off the gold standard and the nuclear family thing really the heyday was from 1950s to maybe the 1980s.
    1
  70.  @dillinger63941  well good luck
    1
  71. Easily $3000 a year
    1
  72. the elites will do everything in their power to ensure real estate price stability or appreciation they do not want price depreciation or any even price stability
    1
  73. we haven't seen nothing yet.
    1
  74. retirmeent was for wealthy people. everyone else worked unti they croaked.
    1
  75. Yeah you need to make around $145,000 a year
    1
  76. This is so predictable it's not even funny. Basically the people that advocate for rent control think life is getting too hard financially affordability is the key. We have seen many empires fall or uprising happen because the common people feel they have no future. Hence why you don't ever piss off the mobs too much
    1
  77. yeah if i had a choice i would want my adult years and retirement years to be contained from 1950-2000 and disappear.
    1
  78. so how did you afford school?
    1
  79. i think natural selection is happening those that are fiscally clever will survive those that aren't... will perish. natural selection
    1
  80. let me get this straight you never made more than $78,000 a year but you have a net worth of $ 1million dollars with a house paid off? all within 20 years?
    1
  81. if you're single and make $100,000 a year that's gonna raise some eyebrows. if you make $100,000 a year and have a spouse and 2 kids that you gotta pay for ... that people can kind of look the other way. after taxes $100,000 is like $75,000.
    1
  82. At this point there are a lot of dummies out there and theyre beyond saving .if they want to spend alll their money let them.
    1
  83. At this point if you had anything done to you im out. I prefer natural
    1
  84. why didn't they hold onto it and just rent it out. it seems like selling real estate in this day and age and not using it for rental income is ... foolish by financial peoples opinions.
    1
  85. @Ccl2tb  that's a lot of perfect scenario prerequisite
    1
  86. Or of
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  87. rose color glasses you see some good and forget about some things. selective memory
    1
  88. credit card was originally invented for convenience for wealthy people so they don't need to carry checks or cash on them to pay for stuff.... but it was never meant for the masses. most people are better off writing checks and carrying cash.
    1
  89. Home Depot laughing all the way to the bank
    1
  90. it's funny the bankers are claiming that the federal reserve has created fiscal stability compared to the eras where there was no central bank in the usa where boom bust cycles were rampant.
    1
  91. actually best time was 2011-2014
    1