Comments by "E Dennis" (@edennis8578) on "How Money Works" channel.

You should say, You always said that my generation was reckless with money. Well, I'm about to show you that we're not." Don't let your parents impoverish you. If they aren't concerned about your future, then they're bad parents. Let's be honest; you know it's true. They don't deserve nonessential items if they expect you to pay for them.
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Getting baked goods doesn't necessarily mean anything. Maybe your family's friends just didn't like seeing perfectly edible food go to waste. Lots of people think that wasting food is immoral.
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 @johngibson4874 In the west, yes. The poorest people in the west live more luxurious lives that the wealthiest medieval kings.
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@shaunrosenberg4568 The baby boom generation was 1946 to 1964, so the youngest baby boomers are 60 years old. Most boomers are retired or dead.A lot of people use the term Boomer to mean anyone they think is old, anywhere from 50 to 110, but I don't think that's what we're talking about.
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Don't rule out younger men. At 40, I married a man 7 years younger than I am. We've been together almost 30 years now.
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So you have one of the least demanding jobs possible and you're COMPLAINING. Geez. ffs
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@timberwolfe1645 Sure, and the child who was the caregiver ends up with nothing to live on in their older years because they spent 10 or 15 years of their life taking care of their parents with no compensation. They impoverished themselves with no hope of a decent life in their old age. Wonderful.
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@hilaryb8807 People's expectations were much lower, too. The government's idea of acceptable living standards didn't even include electricity or a telephone. Even the very poor these days live like the small merchant class of the 1930s. In fact, probably better than the local butcher or grocer of the 1930s. I've seen people complain that they can't afford a house, but they turn up their noses at any house built before 2010 and doesn't have all the latest and greatest innovations. They could afford a house built in 1950 with old cupboards in the kitchen and old carpet, but that's not good enough for their highnesses.
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@JS-po8oc Not a bad idea, but how do make sure that the buyer isn't a flipper? Someone who's going to buy it and turn around and sell it to whoever is willing to give them the most profit? Some of the flippers don't even bother to do any improvements; they just want a quick buck.
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Vote Trump. It's our only chance. He has Elon Musk and RFK Jr. on his team; between them, they have the plans.
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 @kellyroyds5040 danielcraft is obviously a trust fund baby or has a rich spouse. Nobody poor volunteers for no money when they have to fund their own life. Someone else is paying their bills.
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Er, no. Blue collar job = working class, unless you own the business and it's doing well. Then you're middle class. White collar workers/educated professionals, middle class. Corporate executives with commensurate pay, upper middle class. Business owners whose businesses are big businesses according to IRS rules, upper middle class. People with big corporations making millions every year, upper-middle to upper class. People who don't have to work for a living and live the jet set life, upper class. There will always be people in the fuzzy boundaries, like junior college profs who make $10/hour, but that pretty much depends on whether they need to work, or whether it's a sideline. They're stuck in no-man's land. They're often the working poor, like fast food workers. People under the poverty line are definitely poor.
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That's absurd. Either your idea of living with dignity is pretty majestic, or she insisted on living in a very expensive city. Either way, whose fault is that? Come on, my brother retired on a military pension and he wasn't hurting for money. He died a couple of years ago at 87.
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Capitalism is part of human nature, and it's the healthiest, most ethical way to exchange goods. I have something that you want, so you give me something of value in return. You have something I want, so I give you something of value in return. That's how it works. Currency is just the means of exchange. We don't have to exchange goods for every transaction, we use currency instead. You're on the internet, so obviously you're using a product of capitalism to write your tripe. Russia abandoned socialism in favor of capitalism. China has also embraced capitalism. Capitalism is the only hope for the future.
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The World Economic Forum calls those of us in the bottom 90% "useless eaters." They have said outright that they want to reduce the world's population by 95%.
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@kindenigma4119 I never voted for a Democrat in my life. Democrats USED to be the party of the little guy, but that was 90 years ago. Now they've thrown the poor and middle class under the bus in favor of an open border, letting in millions of people who, and I know this from experience in my state, take what used to be the good paying unskilled jobs. Take the meat-packing industry; those jobs paid $18 to $38 per hour in the 90s. Then the governor, a Democrat, trucked in thousands of Mexicans to work at those plants. The wages dropped to $8 an hour and the towns, without the well-paid workers, turned into slums. The Mexicans lived 8 or 9 men to an apartment and didn't spend their money; they sent home every spare cent. There was nothing left to support the businesses in town. That's how modern Democrat policies work.
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@mrfish9876 In the US, at least, the kind of job you have is one of the key indicators of status. A plumber is working class or lower middle class even if he lives in a mansion and drives a Ferrari. A middle-management office worker is middle class even if he lives in a studio apartment and drives a beater.
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 @RayoBeatz If they won't hire you, you can't "take the job."
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 @jamesdinius7769 Don't tell them you have a masters. That's the advice that I was given by the head of the local job center.
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That's why houses where I live are still relatively affordable. Housing prices are about twice as much as they were 30 years ago. That's not investment territory, especially when you consider the cost of maintenance. In 30 years, we've put in a driveway apron, a new roof, new siding on the garage, new windows on the garage and house, new gutters/soffits, cut down 3 dead trees, and replaced the furnace/ac system. More needs to be done; it's about time to put new roofs on again, new garage doors, new flooring, and the driveway needs replacing, for example. All of that is somewhere around $120k, more than half the value of my house. Add homeowners insurance and property tax for 30 years. Definitely not an investment. I could've lived in a nice apartment and I wouldn't be any worse off. Renting a house, yes, it would've been too expensive for me, but a two-bedroom apartment in a secure building would've been totally fine. Yes, my mortgage is paid off, which saves me $399/month, but I'm paying $500/month in property tax and homeowners insurance, and the maintenance costs are rising and rising - they average about $1,000/month, averaged out, for what we need. An apartment would be about $1200/month, with none of those worries.
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