I’m 30 Years Old and $80,000 In Debt!
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This Data Shows Where The Middle Class really is.. Add me on IG @ThisisJohnWilliams
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Sources:
1. https://www.businessinsider.com/middle-class-wages-pandemic-real-estate-housing-inflation-recession-billionaires-2022-11
2. https://smartasset.com/investing/investment-calculator#UdFPyw3Ile
3. https://www.cnbc.com/2022/11/15/as-retail-credit-card-interest-rates-soar-know-this-before-you-apply.html
4. https://finance.yahoo.com/news/u-consumer-debt-jumps-credit-200234769.html
5. https://www.nbcnews.com/business/consumer/credit-card-interest-rates-hit-record-high-rcna56373
6. https://www.prnewswire.com/news-releases/auto-loan-interest-rates-skyrocketing-edmunds-experts-share-money-saving-car-shopping-tips-ahead-of-black-friday-weekend-301682594.html
We are witnessing the fall of the middle class. As the fed begins to raise interest rates and the costs to borrow money increases we will see more people and more families reliant on their credit cards. As this begins to happen, more people will begin to default on their payments pushing people into a period in which they will have to either sell their homes, cars or assets in order to make ends meet. We are witnessing the collapse of the middle class.
My suggestion here is to reduce your monthly expenses as it pertains to monthly interest rates that are being charged by lending institutions and instead invest that money into long term assets such as great stocks or perhaps real estate.
#realestate #housing #creditcard
International mediators are heading back to Mali later this week to try to find an end to the political crisis.
The opposition has already rejected a proposal from regional body ECOWAS calling for a unity government.
They are insisting Mali’s President Ibrahim Boubacar Keita step down.
Al Jazeera’s Nicolas Haque reports.
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#Mali #MaliUnrest #IbrahimBoubacarKeita
DOn’t mind where I am looking, I was trying out some mirror thing LOL
Nouriel Roubini is an economist, a professor in New York, a global economic consultant and an author who, amongst many distinguishing things, was one of those who foresaw the 2008 credit crunch and financial crisis.
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His latest work is called ‘Megathreats’, and it details 10 trends that make it more likely than not that we are heading for a global economic crash of stagnant growth, debt crises and high inflation that will cause decades of dystopian suffering and injustice. No wonder they call him Dr. Doom.
In this episode, Nouriel joins Krishnan to talk about climate change, job-displacing artificial intelligence and our future.
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I never thought i would have this much debt.. But this debt has been a game changer for me. Its allowed me to leave my 9-5 it pays me every month and over time will make me millions in cash over the next 30 years.
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Getting a debt consolidation loan isn’t that hard. If you know where to look. There are two kinds of debt consolidation loan lenders. Prime, and high risk.
Whenever you are looking for a debt consolidation loan to consolidate credit card debt, always start and end with your bank. Otherwise you could end up in a situation where you are paying 30-39% interest to a high risk lender.
Watch the video to learn how to get a debt consolidation loan.
Visit: http://www.totaldebtfreedom.ca/ for more info
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Today’s video is all about How I manifested way out of debt and how I managed to get rid of this debt and fine so that I no longer needed to pay a fine / debt.
This is an interesting story of how I had no money and focused on manifesting my way out of debt so that I did not need to pay. I was unemployed and I did not have any income or a full time job at this point but yet I didn’t let my fear of having no money in my bank account or my fear of not having a job affect me from getting this fined wiped clean.
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I’m $1,000,000 In Student Loan Debt!!
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The Money GPS is the most active, most informative channel in the financial world. Day after day, breaking down the data and making it easy to understand. This channel is not here to help build a portfolio, give stock picks, or financial advice. It’s simply data that is generally not found through conventional means.
The financial system requires ever-increasing levels of debt. The stock market require more and more debt. The average person needs it as well. There has never been a time in history where this much debt has been punishing the structure that they’ve created. There’s no way this ends well.
#money #finance #invest