[BigBusiness]

Reminiscing of the old days......

I have $100 in my pocket. It's all the money I have to my name, but it's not enough. I need to at least double it. What's the quickest way to make it happen?

Go to the local bookie and put it all on a team for even money. You take that chance.

If it hits, life will be good for a little while longer. Can eat a few good meals and do what you need to do with the rest.

if you lose? You know the routine.... Gonna have to starve or eat toxic ramen noodles and PB jelly sandwiches for awhile and be stressed out, but it will pass.

Always brighter days ahead.

[TheSideBet]

I'm with JayV420 let's run good. A wise man once said a woman will put up with a lot of shit from a man except for one being broke.

[TheMoneyShot]

I think a few posters are misunderstanding the formula in regards to having $400 $800 or $2,000 handy in case of emergency.

What the article (in my eyes) means... that people may somehow come up with that $400... but you won't be paying a bill that month. Something has to give. Something will be backed up. Too many people purchase things on credit... buying things you just don't need etc. So... percentage wise... you really don't have that emergency money you think you have.

[Smoke]

I'm with JayV420 let's run good. A wise man once said a woman will put up with a lot of shit from a man except for one being broke.

Can't you spot a brotha $50?

[Russian Rocket]

All of that is correct except that the deficit for 2016 is ~$500 billion. The sum of the entire national debt is ~$19 trillion.

I will tell you what though, I believe that a much greater percentage of Americans can come up with $400 if they really need to.

mistake on my end

I'm highly doubting that they can, but if they can, that's great.

[grease lightnin]

I think a few posters are misunderstanding the formula in regards to having $400 $800 or $2,000 handy in case of emergency.

What the article (in my eyes) means... that people may somehow come up with that $400... but you won't be paying a bill that month. Something has to give. Something will be backed up. Too many people purchase things on credit... buying things you just don't need etc. So... percentage wise... you really don't have that emergency money you think you have.

You made my point for me. This is why I think the data is misleading because the America has more of an over-extension problem than a poverty problem.

[BigBusiness]

I loan people money all the time, but it comes with massive interest.

Great money maker for me.

[Russian Rocket]

I loan people money all the time, but it comes with massive interest.

Great money maker for me.

ain't nothing wrong with predatory landing, if demand is there

[Russian Rocket]

I think a few posters are misunderstanding the formula in regards to having $400 $800 or $2,000 handy in case of emergency.

What the article (in my eyes) means... that people may somehow come up with that $400... but you won't be paying a bill that month. Something has to give. Something will be backed up. Too many people purchase things on credit... buying things you just don't need etc. So... percentage wise... you really don't have that emergency money you think you have.

In today's world, if you don't have a G for emergencies to your name, you're flat out broke. If you're flat out broke and then start borrowing (friends, CC's...etc) even more money, you're basically trickling below poverty line.

Even if that number is not 63%, like they've said in the article, but say 40%...It's still a pretty scary statistic.

[Booya711]

What does $400 look like?

[BigBusiness]

ain't nothing wrong with predatory landing, if demand is there

Nope there isn't. Adults make their own decisions in life. I hear people all the time complaining about paying all of this interest is not fair and blah blah blah, but they had no complaints when they were taking the loan and putting it into their pockets. None whatsoever.

Adults pointing their finger at everyone and everything but themselves make me sick.

[Russian Rocket]

Nope there isn't. Adults make their own decisions in life. I hear people all the time complaining about paying all of this interest is not fair and blah blah blah, but they had no complaints when they were taking the loan and putting it into their pockets. None whatsoever.

Adults pointing their finger at everyone and everything but themselves make me sick.

[Snowball]

Nope there isn't. Adults make their own decisions in life.

True, but this isn't the good old days. Men have it harder today.
Life is different. Sometimes, excuses are true.

[bosigga]

i didnt wanna believe it
actually 46% but still

https://www.washingtonpost.com/news/...a-400-expense/

"About 81 percent of people making more than $100,000 a year reported they would be able to cover the bill, compared with 34 percent of those earning less than $40,000."


these 19% of people making over 100k who can't do $400...did these assclowns not understand the question?

This country has major spending problem, even more proof right there.

[TheMoneyShot]

"About 81 percent of people making more than $100,000 a year reported they would be able to cover the bill, compared with 34 percent of those earning less than $40,000."


these 19% of people making over 100k who can't do $400...did these assclowns not understand the question?

This country has major spending problem, even more proof right there.

I use to date a girl who made 120k a year. No bullsh#$... I wanted to see a copy of her W-2 from work... and she showed me. Her issue... she wanted to be a celebrity. She was never happy with wearing the same outfit twice. She claims she had 20k in her savings acct. But if you're making 120k a year... where the fuk is all the money going?

I told her... in a nice way... you are so lucky in your career. There's no need to go to the mall every single day because you're "restless". That's clearly what she was... restless. Every time we went out to eat... the bill was $150.00+ for 2 people. That just wasn't my style.

So... I believe if you make a lot... you spend a lot. If you don't make much... you basically get by. That's American Life.

[manny24]

that's blood money cousin

[Mac4Lyfe]

house
car
kids


there is 3


what you measure as an inconvenience is irrelevant to the fact most people could not afford to cover an emergency cost.

I've never, ever had a $400 emergency with my house, cars or kids. Hot water heater breaks, go get another one. Flood in my living room, clean up the carpet. I don't need to fix anything right now. I can always wait a few weeks if I needed to. Fortunately, I wouldn't have to wait financially but there's nothing in my house that is a rush. Air conditioner breaks down would be the only health emergency in Houston, but I have 3 AC units in my house and a spare in the garage. What could happen in my house that would demand an emergency?

Car breaks down, I have several other cars to choose from. I have a 2014 Audi A8 in my garage right now for the last 3 months with a busted bumper that I haven't had time to get fixed. Not a real rush and certainly not an emergency. Kids? An emergency room visit? Insurance. School books? Not hardly. Day care for my little one is $2100/month, I'd be better off sending her to fukkkin college. $400 is a fukkin drop in the bucket.

I remember reading about a black lady that donated millions of dollars to a university. That lady worked menial jobs her entire life but scraped, scrapped and saved money over her lifetime. Most people are only broke because of their lifestyle choices. Most people are just broke at different levels. But I say again, that if I offered you a brand new Range Rover for $400, there isn't one man, woman or child who couldn't come up with $400 in a couple of hours. It's all about priorities.

[lakerboy]

you should keep voting democrat so you can make it worse.

It does not matter. America is a nation that is sadly poor on the bottom end and sadly rich on the top end.

[jjgold]

Did this mean $400 instantly or $400 in the bank

[sweethook]

but a hundred on j

[jjgold]

I can count the times of my life I had $400 on me

[Booya711]

I can count the times of my life I had $400 on me

Me too....I have never had $400 so 0

[Ralphie Halves]

Hippy - The only president of our generation to send anyone a check was a republican. George W Bush. Stimulus check. $800-$1600 I think. Most people got one. I did, I just can't remember the amount.

Anyway, tell your black friends and your hippy friends to stop voting for the quick fix, and for what just benefits you. This is why we're in this mess. A rising tide lifts all boats. Vote for what benefits the country, whichever side you feel that may be.

Lottery = Bad. Investments = Good.

[pavyracer]

Hippy - The only president of our generation to send anyone a check was a republican. George W Bush. Stimulus check. $800-$1600 I think. Most people got one. I did, I just can't remember the amount.

Anyway, tell your black friends and your hippy friends to stop voting for the quick fix, and for what just benefits you. This is why we're in this mess. A rising tide lifts all boats. Vote for what benefits the country, whichever side you feel that may be.

Lottery = Bad. Investments = Good.

https://en.wikipedia.org/wiki/Americ...275_billion.29

[jjgold]

I got $350 right now and going to the track

[Sam Odom]

I got $350 right now and going to the track

Play craps , jj

one hot roll will turn 350 to $35K

[pavyracer]

I got $400 now and going to the beach.

[lakerboy]

The problem is giving out credit. The credit firms make money and people who shouldn't get credit get it and can never get out of debt.

Credit is evil.

[pavyracer]

I can count the times of my life I had $400 on me

You have about 100 threads at SBR where you went ALL IN with more than $400.

[jjgold]

Yes but not daily

[Jayvegas420]

The problem is giving out credit. The credit firms make money and people who shouldn't get credit get it and can never get out of debt.

Credit is evil.

And guys in here say predatory lending is great! LoL

[Sam Odom]

Sammy has 365.00 in cash on person... If an EMP hit today that would be it

[jjgold]

what we learned..most of America middle to poor

[MoMoneyMoVaughn]

Debt builds character.

[Booya711]

I have $4