Americans Are Running Out Of Money (Faster Than They Thought)

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DISCLAIMER CONT'D: I'm just a random guy on YouTube so do your own research! Jaspreet Singh is not a licensed financial advisor. He is a licensed attorney, but is he is not providing you with legal advice in these videos. This video, the topics discussed, and ideas presented are Jaspreet's opinions and presented for entertainment purposes only. The information presented should not be construed as financial or legal advice. Always do your own due diligence.

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[shellylofgren]

The U.S. economy can actually get better if only the govt can start making better decisions for the sake of it's citizens, cos' they've really made life more difficult for its residents. Hyperinflation has left the less haves bearing the brunt of the burden. Its already eating into my entire $620k retirement portfolio. Like where else can we invest our money with less risks?

[benjaminmeza]

When you stop worrying about what other people think of you financially ..you can finally live free.

[tx.]

Jaspreet, this is your broke cousin. Thanks for putting me on the spot.

[cinema-cc]

You definitely have my sub. This content is next level. For me Unimantic was the turning point. Please keep doing what you do and keep being you, love it.

[BuyLessJess]

Unrelated to financial education, I always love your color coordination. Seriously, every time I see your videos, I think “those colors coordinate beautifully.”

[harrycee]

They are not running out of money. That happened long ago. Now they are running out of credit.

[jinron]

This is very serious, people stop spending there's no backup plan.

[samurai]

Listen Jaspreet, you are never too old, & some of us miss that hustle energy when you would say "KEEP HUSTLIN'" or "BELOW." You've been glossing over it. Own that shit again with gusto! This is why we're here, for your tenacity, & generosity of information.

[ParkDari]

I don’t think they should cut rates. I think the vast majority of Americans need to feel the pain and reality of pissing away their money on a ridiculous lifestyle. Pain is an excellent teacher.

[callmemanny]

The record number of hardship withdrawals is going to be a problem next year during tax time. 🤯

[getinthespace]

The door dash guy had to get a side job to be able to afford the car. LOTS of people are picking up side hustles to get by.
I wouldn't buy a new Mercedes but some people just can't help themselves.

[wildgoldean]

Seriously, people should not be pulling money from their house.

[mayseeyang]

People are still spending recklessly..

[daybyday--U]

That’s part of the problem. Many folks don’t pay attention to what’s happening. They’d rather watch mindless things on TikTok or play games on their phone. Then when bad times happen they are starting a go fund me.

[jaygold]

I ain't broke, but I'm badly bent.

[TomTahk-fnsi]

*Having multiple streams of income is a game-changer for stability. Relying solely on a job may not provide enough financial security due to high rates of tax, it is important to explore additional investment opportunities to surpass one"s expectation*

[George]

I work at an auto electronics/accessories shop. Most of our customers don't "need" what we offer, it's mostly "fun" stuff. Business has been unusually slow the past several weeks.

[cheeseman]

I hope that rates go up to 10-15%. I have no interest bearing debt.

[cho]

But we apparently don't seem to have any problems sending money overseas.