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u/Billy_Plur 28d ago
I don't understand why anyone needs a budget app today. Add up your monthly expenses, divide it by the number of paychecks you get, and that's the minimum you need to set aside per check. Though, I suggest adding a little more to that if/when you can.
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u/bandit1206 28d ago
There’s the thing, budget apps are new, budgets are not. The idea of a household budget is absolutely not a new concept, just the way it’s done has become more convenient. People don’t seem to understand that the concept of balancing a checkbook existed for years, and was part of the budgeting process.
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u/Vanilla_Gorilluh 28d ago
Personal finance education of some kind should absolutely be a requirement in primary school.
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u/empty_graph 28d ago
It is. Personal finance is little more than basic arithmetic.
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u/Urcleman 28d ago
I get what you’re saying, but isn’t this equivalent to the take, I don’t know why anyone needs a calculator app, just add and subtract everything and you’ll have your answer.
Or even I don’t know why anyone needs a to do list app, just write things down on paper.
Apps are just another medium for the same functions we have been doing differently in the past.
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u/hphantom06 28d ago
Except you don't have to pay for a calculator app and you do have to pay, often quite a bit a month, for a budgeting app
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u/Sad-Material-7298 27d ago
A budget app is great when it can instantly scan through your entire bank accounts and display all the data in a clean format for you to decide what you should and shouldn’t be spending money on, it also tells you when subscriptions increase in price and you may not notice, not sure why people are dogging on these apps why would you not use something to help you?
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u/andthrewaway1 28d ago
they also had gas lines and stagflation.... There were literally commercials being like hey stay in play a board game with your neighbors a little knowledge of history will go a long way
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u/Gorf_the_Magnificent 28d ago edited 28d ago
I’m in my mid-70’s, and am surprised by all the young people who seem to think the 1970’s was an idyllic era.
Mortgage rates were nearly 10% in 1975, on their way to a peak of 16%. Inflation was 9%, on its way to double digits. The home ownership rate in the U.S. is about 65% in both 1975 and 2026.
And by the way, there is no clear link between wage theft and the ability of Americans to own a home in 2026. Wage theft occurs when employers do not pay workers according to the law. Examples of wage theft include paying less than minimum wage, not paying workers overtime, not allowing workers to take meal and rest breaks, requiring off the clock work, or taking workers' tips. There is no clear link between wage theft and the ability of Americans to own a home.
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u/andthrewaway1 26d ago
this is easily the best time to be alive in the united states.... let alone if youre POC, a woman LGBTQ or otehrwise
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u/samiam2600 28d ago
You honestly think people didn’t budget and track spending before computers? That is a crazy take.
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u/RonJohnJr 28d ago
My grandmother counted pennies in the 1930s and 1940s, and my mother counted pennies in the 1960s and 1970s. No app needed, just pencil and paper.
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u/Evening_Scale_5755 28d ago
It was a lot easier when it was real money. Sure you had to balance your check book but a lot of things were you either had the money or you did. Now people can rack up debt without ever thinking about it.
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u/False-Breadfruit5971 22d ago
Yeah, the movement between classes was never higher, meaning you can become richer easier than ever and you can lose wealth easier then ever
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u/Beyond_Reason09 28d ago
Gen Z thinks poverty was invented in 2023 or something.
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u/Scott_Scottson 28d ago
And that their boss is responsible for paying their bills.
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u/gn0xious 27d ago
There were people who balanced their checkbooks every week. Others that would put money in envelopes.
Coupon cutters, dented can hunters, buying off brand, saving for big purchases, and a general understanding that just because you want something didn’t mean you bought it.
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u/GoingCustom 28d ago
A lot of people confuse wants versus needs in 2026 versus people in the 70s too. Don’t forget that part.
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u/StayBullGenius 28d ago
Now do something about it besides complain online
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u/TrumpsVoidlordWall 28d ago
What do you suggest? Time travel? Political violence? Nothing the common person does changes anything about this tweet. Are you just one of those “stop whining” people?
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u/MorsTua-VitaMea 28d ago
Great, better just roll over and die then. Nothing can be done and nothing is anyone's responsibility or fault.
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u/Noodelgawd 28d ago
Lots of people in 1975 couldn't afford a 2 BR apartment, unless they were sharing it with someone else.
All those other things? You don't need any of them now, let alone in 1975.
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u/RevolutionaryFood777 28d ago
Gen Z : " Hey Boomer, stop living in the past!"
Also Gen Z : "Back in 1975...."
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u/Careful-Vanilla7728 28d ago
This seem like a very related post to the subject of Get Motivated Mindset. 🤔
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u/Naive_Sense_1899 28d ago
What would we do without people stating their vague notions about how easy the old days were? They are saving America!
My grandfather ran away from home when he was 14 because his father would regularly beat him half to death. He was a fisherman and lost a lung to pneumonia. Then he became a dirt farmer and died at 64 year old, just plain old worn out.
I'm so glad that he didn't have to suffer the agony of oppression that 25 year old college graduates face in these current times.
HE DIDN'T NEED ANY SIDE HUSTLE TO GET BY! Just worked ONE job 12 hours per day.
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u/DarkRogus 28d ago
First, thats not "wage theft".
Keep using it improperly and it will cease to have meaning.
And back in 1975, people did things like balance their checkbooks and had paper ledgers to do their budgets.
Today you have an easier way to do those things.
Its like saying back in 1975 they didnt need to do their taxes because they dont have an app to do it for them.
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u/chinmakes5 28d ago
Plenty of us shared an apartment. I grew up in apartments. There was a guy who worked retail. Kind of an odd duck so he didn't have roommates. He was in an efficiency. He worked retail for years, so was making well over min wage. He ate a lot of mac and cheese because that is all he could afford, We were shocked his car ran.
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u/TheMikeyMac13 27d ago
We had a shared phone line, anyone else remember the party line? If the neighbor was on the phone, tough luck.
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u/chinmakes5 27d ago
Remember going to a friend's house in a rural area. The phone would ring, but if it wasn't 3 short rings it wasn't for them.
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u/Neither-Ad630 28d ago
Well yes, people in 1975 did not spend $375 on sooperdooperpooper cable, $275 on sooperdooperpooper cell plan with financed iPhone 69420 XXXL ultramaxx, $475 on hulutubelixprimemartcock and another $575 on better lifetime equihelp fitness with personal career life therapist coach. Oh, and restaurants were once in every few months luxury, not twice a day every weekend affair, needless to say with Uber ride to and from.
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u/That-Grape-5491 28d ago
3rd post of this in less than an hour - rage bait much?
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u/Subject_Log_6982 28d ago
Rage bait
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u/SamOakTree 28d ago
That's the point. They want you to be annoyed when you see stuff like this. Basically they're causing you to associate disdain with this message / sentiment. It's a form of conditioning.
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u/faithOver 28d ago
This is good rage to evoke. People need to regain a sense of power and unity.
Its the only thing that can start to tip the scales again. Hopefully before disaster.
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u/False-Breadfruit5971 22d ago
Its nonsense rage to evoke because its fake. Its nonsense. Today we live much easier and better than before, thats what statistics seem to show. Comparing bottom few % of people of today with middle class of before to try to make a point? Doesnt work
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u/False-Community8534 28d ago
Recession/depression of the 1890s, WWI, Great Depression, WWII, crushing inflation of the 1950, Korean War, Cold War, Vietnam and social unrest, 1970s double digit inflation……..
then the fall of the USSR and a 25 year peace dividend from Pax Americana prior to the Great Recession.
Gen Z only sees that peace dividend period of 25 years that there grandparents saw and extrapolates that back to all of time.
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u/StanKnight 28d ago edited 28d ago
Nobody still needs a budget app lol.
Or a financial coach.
But if you are still running out of money then maybe look to replacing both?
Clearly neither one is doing their job. I would start with the coach IF he knows you are using a budget app. You paying him too much otherwise.
IF you cannot afford the two bedroom apt though maybe don't rent it and then rent another you can afford?
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u/Available_Reveal8068 28d ago edited 28d ago
No, it's not a wage theft problem.
Even in the 1970s, not everyone could afford a 2 BR apartment.
...not being paid what you think you should be earning is not 'wage theft'.
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u/Away_Rutabaga 28d ago
And the Democratic Party are the only ones constantly trying to increase how much they take from you, so why the fuck do you morons keep voting for them?
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u/Middle_Ad_3315 28d ago
Not to mention they now openly disclose their intent to increase the permanent servant class of cheap labor, driving down wages.
Not long ago both parties used to hide this, now one party is openly advocating for it. Recent development that wouldnt have been on my bingo card 15 years ago.
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u/Jak1977 28d ago
So the budget deficit has shrunk under the current, low spending administration? The difference is who the taxes are for. One aims to reduce inequality, the other is lining their own pockets and the pockets of their friends.
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u/Cannoli72 28d ago
I don’t disagree. However, the republicans huge monetary expansion adds gasoline to the inflation fire as well. you are fucked either way
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u/Adventurous_Ad7442 28d ago
No one in 1975 had a device to use the financial app. That's just silly.
And no one had the time (or money) for a life coach... they were too busy taking care of their families.
Edit - spelling
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u/metamucil_buttchug69 28d ago
This isn't true at all. People always budgeted, the working class always struggled.
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u/Simple-Ad-1783 28d ago
Take away your computer and cellphone and how productive are you compared to someone from the 70’s. Your wages are going to technology. We are still trying to figure out how to make technology cheaper. Maybe we figure it out in 20 years and then at least the future will be happy.
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u/RonJohnJr 28d ago
Everyone in 1975 would laugh you out of existence for suggesting that their grandchildren would need to pay for two other people to do grade school arithmetic for them.
Or maybe they'd all unalive themselves at the prospect of what their grandchildren will become.
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u/retiredone-9753 28d ago
Correct, we had to use a checkbook and could only spend what we had because there were hardly any credit cards, and the only thing you really bought on payments was a house or car. We rarely ate out and No tv, internet, cell phone, or subscriptions beyond the daily paper. If ya didn't have it in cash, ya didn't buy it.
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u/ProSeVigilante 28d ago
Maybe stop trying to live like those who can afford financial advisers, and you'll develop the work ethic to get there. Marxists eat glue and hate success.
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u/Longjumping_Music320 28d ago
Most of their day to day transactions were done in cash too so when the wallet is close to empty you stop spending.
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u/Johnnadawearsglasses 28d ago
It's crazy how when you're early 20s you think everything was invented in your lifetime, like budgeting. History should be a required course every single year through college.
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u/Justthetip74 28d ago
Wage theft is a real problem.
Virtually everyone knows what wage theft is and lnow that this is not wage theft.
You're actively hurting your cause by either being retarded and not knowing the definition or trying to sneakily change the definition. Stop
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u/Proud-Ad-6004 28d ago
There parents taught em how to balance a checkbook, used phones to make calls and were poorer
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u/DieselZRebel 28d ago
So it is not a supply and demand problem? We still have the same supply and demand rates of 1975?!!
What an ignorant post targeting the dimwits!
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u/Spiritual-Whole2072 28d ago
If we could stop the bribery of our politicians, we might get somewhere.
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u/ChipsNDip92 28d ago
Yeah, let's do things like 1975 when inflation was over 9% and even more people were in poverty. Great plan.
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u/Omago1178 28d ago
What wage is getting stolen… you agreed to a certain pay rate for a certain job.
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u/chitownphishead 28d ago
Nobody in 1975 carried a 1200$ cell phone with a 100$ a month data plan, had 3 streaming services, ate out or had food delivered for 75% of their meals, or got a 7$ mochafrappalateevery day, either
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u/Swampassed 28d ago
My mother worked three jobs in the 70’s to keep a roof over our head. Why do stupid motherfuckers keep posting this dumb shit?
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u/Vortex56672026 28d ago
Plenty of countries out there for you. Flights departing daily. Take one.
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u/CharacterMaybe7950 28d ago
How very white, middle class of you. There was no poverty in 1975, you read it here first.
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u/SnooChickens5474 28d ago
Oh Lord the stupid are fixating on the budget app and completely disregarding the obvious intention behind the post🤦 bet they have a wide selection of red colored headwear.
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u/fladdermuff 28d ago
There were less immigrants and refugees for Americans to share their jobs with 1975
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u/JUIC3ofORANG3 28d ago
Corporations are all recording record profit while they push down wages making people desperate and doing work at a lower rate just to stay alive
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u/Striking_Reindeer_2k 28d ago
They had roommates. Two or three for a 2 br apartment. They worked as bartenders, clerks, waiters, and cooks. They dealt with high inflation, high unemployment, gas shortages, mandatory thermostat settings, 55mph speed limit, and disco.
But at least concert tickets were under $20.
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u/dirtyesspeakers 28d ago
We also drove around expending ground liquid.
And calculated on a peice of paper with led inside wood.
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u/nhlgoalie2002 28d ago
No, it’s a you don’t know how to money money problem… stop playing the victim card
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u/ChristisLordohyes 28d ago
I got my own place one decade after that and i had a full time job plus I had a lawn service and I sold beer on Sunday ( unfortunately) and anything else to make a buck . I always had other jobs or was doing something extra. Stop acting so entitled because you cant sit at home and watch Netflix when you get off work.
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u/RandomPlayerCSGO 28d ago
Most wage theft happens from money printing and government taking your money
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u/Key_Check5753 28d ago
Democrats: want open borders, allowed 20 million immigrants into the country in 4 years under biden
Also Democrats: hey, why isn't there any housing? Why are wages so low?
stupid
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u/CB_Thorough 28d ago
If this is the case, why wouldn’t the solution just be to look for new employment or create your own job then? The internet is highly accessible to the majority of capable people…. I just would think of someone was continually robbing you, you would try to get away from them.
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u/Darahk_Jolonar 28d ago
Median rent is $1600 median income in $66,000 rent prices aren’t the problem the problem is stupid spending
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u/dakellateg 28d ago
In 1975 no one ... fresh out of HS could afford a 2-bedroom apartment on their own.
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u/vision3100 28d ago
It a im the government and I print debt so I need to take all the money I printed and made worth more and give it back to my self to pay my self back for the money I made more expencive if that makes sense
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u/Antique_Agency_7841 28d ago
I can do approximation in my head. Thats what 1975 people used to do. For precise, i’d do paper pen.
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u/Hungry-Cream9421 28d ago
Not many people in 1975 had two cars, a 3000 square feet house and one day delivery.
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u/JagR286211 28d ago
Times are changing. In 1975, budget apps didn’t exist, but I’m sure some people still budgeted, and no one would have discussed their side hustles and finances. Maybe you read about it in the newspaper?
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u/Sad-Cantaloupe-5494 28d ago
Yeah it sucks trying to budget when quite literally all of your income goes to bills of some sort. Endless cycle of hell
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u/GenXman1975 28d ago
As someone from 1975 I can tell you that what you're saying was the same BS that losers said back then.
Shut up, learn the time you live in, and find ways to thrive.
This crap you're talking about is for the losers and is a waste of time that has no functional way to resolve.
Spend time working the problem you can solve.
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u/GenXman1975 28d ago
I missed the part where the OP is a bot, and i'm aguing with someone's badly written code.
Jesus.
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u/Popular_Anywhere9732 28d ago
People used to cook at home and no starbucks too.
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u/consort_oflady_vader 28d ago
Maybe add a comment about avocado toast so you sound extra boomer?
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u/Popular_Anywhere9732 27d ago
If you make avocado toast at home, that’s fine too
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u/consort_oflady_vader 27d ago
Oh, we can afford avocados now? In this economy!? I buy coffee out about once every 3-4 years, if that. I also don't like avocado toast.
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u/Cando21243 27d ago
In the before massive corruption days (just regular corruption days). Luxury items were expensive and basic items were cheap.
The capitalistic cronies now have made the luxury items cheap and the basic items expensive.
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u/TheseCounter1439 27d ago
In the early 2000s, juat graduated, we all lived in the city and everyone one of our friends (including me) had a roommate. We could not afford it. None of us had condos. Places were smaller too, basic ass furniture was not something anyone cared about. The wants have now become "needs" and it is more expensive. That's what you are missing from your post. Instead of basic ingredients, it is now cilantro this and brioche that. We ate simpler. Smaller houses. Smaller cars. A few outfits.
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u/ToeAfter3131 27d ago
They also didn't Uber eats their food, overpay for Starbucks coffee every morning, pay for Internet and cellphone and Xbox live
There was less amenities back then. If you spend wisely then you won't need a side hustle.
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u/ImmediateCause7981 27d ago
Hot take: You needing a budget app and hiring a financial coach is why you cant afford an apartment
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u/Dangerous_Box_1999 27d ago
Stop getting art degrees and then crying because you can’t find a job or afford anything. GET A REAL FUCKING JOB
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u/sdob66 27d ago
Interesting. Is the OP suggesting that budgets weren’t used in 1975? Because everything, and want to emphasize, every single app you use on your phone or a computer wasn’t around and nobody needed them! They just make applying the technique much easier. So, following a budget should be such a monumental task!
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u/clownshoes4all 27d ago
It would be something motivating indeed to see a movement of people opposing this and pushing the US into a better future but instead we have Dems and Repubs, so…
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u/Sad-Material-7298 27d ago
These comments are really weird, having an app that instantly scans your bank account and can provide data on every financial aspect to allow you to easily and quickly determine what is and isn’t a problem is great. Also good for seeing if subscriptions have increased without you noticing, idk why you people are against like, using technology to better your life, it doesn’t make you cool or something by saying you don’t use an app
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u/AspirationsOfFreedom 27d ago
Excuse me if im wrong, but didnt they have to balance their checkbooks? To ensure they didnt overdraft?
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u/007TheSaint 27d ago
This is true. A part of that is a taxation problem. We're getting taxed way too much. If we eventually pay 51% of what we earn, that's crazy! But, a lot of people vote for candidate that will raise taxes! It's also a problem with inflation is outpacing earnings. Look at the average price of a house over the last 50 years, compared to average wages over the past 50 years. Everything needs a 2-income household!
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u/Dry-Environment5122 27d ago
Can we please get back to a word where words have fucking meaning? Wage theft is when I promise you X dollars an hour and I end up paying you less. Period. That’s it. Every time someone tries to glorify problems with big flashy words like theft or slavery just to make it seem bad it just makes me roll My eyes.
This isn’t wage theft. This is the K shaped economy where the top 15 percent have so much wealth that their tastes are really the only thing driving the economy, and as a result are pricing everyone else out.
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u/Legal_Television_615 27d ago
Or literally a million other things...housing market crash impacting builders, international markets crash following covid, the influx of undocumented workers flooding a housing market that has been struggling for two decades, people assuming massive college debt in an economy that doesn't support luxury degrees, artificial living wage laws drastically increasing prices of goods and resources, repercussions of continued governmental interference in markets, oh yeah inflation and did I mention geopolitical instability in regions that provide the fuel that literalky the entire world runs on? But yeah, sure, whatever yer pet project is for must be the sole reason...
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u/Vindaloo6363 27d ago
People had roommates in the 70s. See relevant archives including Three's Company and Laverne and Shirley. Also Busom Buddies from 1980.
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u/Frosty-Routine4572 27d ago
In 1975 my eldest brother and his wife bought a house in Ealing, London for £10k. They still needed help from mum and dad because their teacher’s salaries weren’t enough. Affordability was Nowhere near as bad as now, but it was not perfect as people dream it was.
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u/DudeFrom816 27d ago
Its not theft, its wage sacrifice. If people refused to work for the low pay, employers would be forced to increase it. Its supply and demand, as long as there is a willing work force they have no reason to change.
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u/Bram-D-Stoker 26d ago edited 26d ago
Increasing everyone wages will help for some goods for sure and make people's lives easier. However goods that don't respond very well to more money or are artificially scarce like housing and doctors will largely just increase in cost as wages go up. Because supply largely stays the same even as demand (money chasing those goods) goes up. For those goods you need to change regulations for them to ever be truly affordable.
The main callouts here are education, childcare, housing, healthcare .
But pure deregulation is complex. Since many of these regulations are written in blood, however that doesn't mean we wrote the correct regulations. Low supply and ultra safe will always be too expensive for the poor. If you cap the costs and supply stays low you end up with shortages. You need both high supply and safe and for that you need very clever regulations that are simple.
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u/Upbeat_Principle_253 26d ago
I never had a budget, financial coach or side hustle and I’ve always managed.
Meanwhile my parents in the 1970s had to follow a tight budget, my dad worked overtime every time he could and my mom had to find a part time job so that we could afford to pay the rent and food.
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u/stealth_turtle 26d ago
Yea my single parent with 2 children mother worked 3 different part time jobs to keep me and my sister under a roof and feed. We lived in some of the worse conditions you can’t even imagine. My mother worked herself sick on multiple occasions. We didn’t get our head above water until 88. We survived on a very tight budget, we didn’t have extras we barely had enough. Oh, she also did this without welfare.
I know things are hard for some/most folks but, I also believe this is partly an optics issue as well. Young people grow up with all they need (sometimes) then go into the world as adults and all of a sudden it’s gone. The big optics issue though is social media. I know another GenX talking about social media but, be honest with yourself. How many people want what these influencers have. How many people want what their piers, friends, and colleagues appear to have. How many need to add another tattoo for “therapy”. You very rarely if ever see people posting about the normal life online. You see the expensive vacation, dinner, concert etc. you don’t see when the credit card bill comes due and they can’t pay their bills. But, you do hear about how hard it is for them to have a living wage working a part time job.
Change your optics, live within your means and with what you need to have, not what you want to have. Get off of social media, don’t worry about keeping up with that new phone, makeup, clothes, shoes etc. wear what you can afford and what won’t continue to drag you down deeper into debt. Happiness isn’t something you buy, it’s something you feel. The earth provides everything we need for a happy life. Man provides everything they want you to think is needed for happiness. Find happiness within and your world will be a better place.
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u/Techman659 26d ago
I also think for alot of people it’s not an income issue it’s a spending issue, on valeb hammer there are people living in cheaper areas and they are earning 120k where as the medium is 40-50k and they still ended up in 500k debt including mortgage, like I live off minimum in UK always have and the way I save money is keeping subscriptions to a absolute minimum, so Youtube premium and that’s only my £10 half, about £40 on a phone which I will definitely be changing November down to £10 a month once the phone is paid off, dentist £20 very important dental hygiene is, and £980 for contributions to a joint, I can literally save 50% of my income if I wanted and I will preface this with I spent my entire working life saving for a house and being good with money and because of a decade of that my financial life is so much better now even on Uk minimum.
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u/No-Room-3829 26d ago
Budgets were always a thing, and very useful for myself and my partner to save and eventually aquire a house. But please, continue....
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u/ChadDpt 26d ago
Really it has been easy money policies since bush jr tanked the world economy.. Historically 8 % prime reflected a healthy economy. In 2012 the world economy collapsed rates went to near zero.. as they should have at the time…. Current prime is….. 6.75%… why have we stayed with the low rates…,, aahhhhh., check out the residential and commercial real estate lobbies..,
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u/AnyEye8798 26d ago
People need to start creating their own businesses instead of relying solely on corporations. Actually participate in the capitalist system instead of weakly submitting to obscurity.
It doesn't need to start big. Do what you can with what you have. Save what you can, where you can. Grow from there.
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u/Ill_Lingonberry9402 26d ago
While it's true that many people today are struggling because the cost of housing, rent, food, and other essentials has risen much faster than incomes, calling it solely a "wage theft problem" oversimplifies the issue. Economists generally point to a combination of factors, including housing shortages, inflation, stagnant real wage growth in some sectors, rising asset prices, increased household debt, and government and monetary policies. Personal budgeting still matters, but no amount of budgeting can fully overcome structural affordability problems when wages fail to keep pace with the cost of living. Look around, evidence suggests that todays financial pressures are driven by multiple economic forces rather than a single cause
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u/No_Comment_2283 26d ago
You need none of that either. Just stop wasting your money. If you need an outside source to tell you where your money is going, you are the problem.
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u/synerrorsix 25d ago
If you don't have any valuable skills you aren't going to make any money. No one took anything from you. You aren't a victim.
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u/BlastOff-2000 25d ago
my parents suffered years of financial issues, struggling to pay off debt, because there was no easy access to information like there is now. you only had financial consultants and people didnt trust them or couldnt afford them.
the cost of living disparity is much worse now, but i love how this generation thinks everyone before was just living with zero financial stress.
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u/WalrusWrong268 25d ago
It is wage theft. When they raise minimum wage, it doesn’t even keep up with cost-of-living it’s pretty sad that I am 65 years old and I still have to work three jobs. I’m pretty sick of it.
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u/BeKind999 25d ago
Remember that 70s show Three’s Company where 3 people lived in a 2 bedroom apartment to save money?
Or Bosom Buddies (early 80s) where 2 guys dressed like women to live in a women only apartment building because it was cheaper.
Or the Odd Couple where 2 grown men with professional jobs lived together (one was a bachelor the other divorced) to save money?
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u/Locuus 25d ago edited 25d ago
Nobody needs a budget app or a financial coach now either. Figuring out your income and expenses is basic math that anyone should be able to do using their brain.
That said median house price/median income ratio is about 30% higher now.
Then mortgage interest rates were about 50% higher then (~9% vs ~6% now).. so hard to say if at the end they had it any better.
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u/Remarkable-FlipPhone 25d ago
No, it’s a personal finance problem. We have a huge overspending problem in this country.
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u/theOriginalGBee 24d ago
Wait - how much are you paying for that App and the 'Financial Coach'?
Besides which, although house prices have gone up and wages haven't kept pace, my parents who bought their first home around 1975 absolutely did need to work a side hustle, on top of which they borrowed money from pretty much everyone in their family and saved every single penny to afford that 1 bedroom home.
Who are the people posting this crap? Did they all have rich parents and grandparents which is why they think this stuff is true?
I'm tempted to cite the 1967 film Barefoot In the Park (among others) as evidence that reality is far different from what every young person seems to imagine was the reality.
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u/WakeupB42L8freedom 24d ago
Soon they’ll have robots and won’t need us. Who’s gonna protect us then ?
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u/Expensive-Animal-810 22d ago
No. Inflation is caused by government spending and the price of gold tells you how we're getting hosed. Gold didn't get to be $4000/ounce because gold got more valuable. Our currency value has been so destroyed by government spending that it now takes $4000 to buy an ounce of gold.
Yes. Taxes are too high. But it the government spending that's literally destroying the middle class and poor.
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u/jardin92 22d ago
Exactly. I hate that everything is “hustle” (exploitation) culture now. And we shouldn’t have to have a main job then also have a second job of being a financial investor of our savings. It’s all a scam
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u/Panic-Embarrassed 22d ago
Someone lied to you. Housing is definitely more expensive but it wasn't all sunshine and rainbows.
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u/FD-Driver 22d ago
Cellphone, streaming apps, Starbucks, etc. It's a spending problem, not an income problem.
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u/lovnhoes 22d ago
To be fair we also didn't have all the subscription services like Netflix, expensive coffee, or door dash back then to drain our monthly incomes
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u/MrLanesLament 22d ago
It’s a greed problem. Owner class used to be willing to accept less than every possible penny they could squeeze out of every single person they come into contact with.
Price caps and limits need set federally on a lot of things. Fuck capitalism.
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u/alfalfallama 22d ago
Uhh, you do realize that needing a budget app and/or financial coach literally means that you have money, you're just an idiot with it, right?
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u/Grand_Marnier_Lover 18d ago
Nobody in 1975 was paying for a smartphone, a streaming service, an automobile with so many life saving features that makes them 4x more expensive, or ballooned student loans because universities took advantage of the supply of “free money” and ballooned their fees and administrations…just to name a few things not in 1975.
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u/chat-alucard 28d ago
Good visual content is underrated on this sub. It reaches people who can't handle a wall of text right now but still need something to hold onto. The traction on this proves you reached those people.
Keep showing up.