I never realized just how many people dont have emergency funds

We have so many BGOL millionaires. (Sarcasm)

The following facts are from a previous thread. Many of you are so removed from reality and regular black folk, it is scary.

Regarding blacks in the U.S.

21.2% living under the poverty threshold, 19.3% were above the poverty line but earned less than $25,000, 27.3% of black households earned an income between $25,000 and $50,000. That is 67.8% of all blacks earning less than the U.S. median income.

We must agree that 67.8% is more than half, which in layman's terms is "most." Therefore, it is correct for one to conclude and state as fact that "most" blacks in the U.S. are poor or impoverished.
Yo do understand that having money saved in the bank is not correlated to how much money you make, right?
 
She's not a stranger to this.
I think she's got it covered. :dunno:


She'll be aight. Start playin wit that pussy again bitch. I know a bitch made $6,000 over a period of time from just showing pics of her big ass titties and her pretty feet. :dunno: There's always a way for a bitch to bring in some cash in the hardest of times.

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How much an individual earns and how much an individual saves are both separate and related issues. It is absolutely possible for a person living in poverty to save money. Though that previous statement is an oxymoron (save money while in poverty), it is possible through discipline, lowering one's standard of living, etc.

They are related because there is a definite correlation between how much a person earns and how much much they save. How? Financial literacy. The more people earn, the more people seek knowledge regarding finances. Poor people do not see the need to learn or practice saving, investing, etc.

Lastly, I say this with all due respect, but you obviously have not been poor or associate with poor people closely and regularly. I remember my mom deciding between the light bill and food. I see patients skip getting their prescription filled because rent is due. There are more people like this than not. Just because you do not see does not mean it does not exist.

We have a lack of sympathy in our society due to the inability to empathize.
 
When I was in the Navy and we had that 1st government shut down 95 and they were saying that we might not get our military pay for December I went into full panic mode lucky we got paid but when I got my reenlistment check Jan of 98 me and my wife went to a savings and investment planning class and have stuck to it. We have enough put away so that god forbid we both end up unemployed we can go 7 to 8 month or more without worry.

Side note been a member on here since 4usbyus and picked up so much knowledge from here if you been on here that long and not learned anything you are way behind the 8ball
 
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How much an individual earns and how much an individual saves are both separate and related issues. It is absolutely possible for a person living in poverty to save money. Though that previous statement is an oxymoron (save money while in poverty), it is possible through discipline, lowering one's standard of living, etc.

They are related because there is a definite correlation between how much a person earns and how much much they save. How? Financial literacy. The more people earn, the more people seek knowledge regarding finances. Poor people do not see the need to learn or practice saving, investing, etc.

Lastly, I say this with all due respect, but you obviously have not been poor or associate with poor people closely and regularly. I remember my mom deciding between the light bill and food. I see patients skip getting their prescription filled because rent is due. There are more people like this than not. Just because you do not see does not mean it does not exist.

We have a lack of sympathy in our society due to the inability to empathize.
Right like

yo family had the jackson 5 LaToya rubie and Janet plus joe and mommy in a 3 bedroom house with 1 bathroom.
 
It's going to have to go back to the days of folks living in boarder houses to save money. If you can't afford to live in a place by yourself or with a roommate then you may have to look at living in a room and sharing a common area. Not right now because of the coronavirus but definitely after it passes. I'm old enough to remember boarding houses back in the 70's and earlier.
 
Yo do understand that having money saved in the bank is not correlated to how much money you make, right?
Incorrect. Someone can have no job and, because of “money saved in a bank”, have a higher income than those working for a living. Time Value of Money + interest and Net Present Value/Future Present Value. That is the real reason (1 of 2 that I’ve concluded) for this bailout, to ensure another influx of cash to keep the white power structure and money class on top after the baby boomers blew through trillions with their poor leadership.

that is why our community NEEDS reparations to help build wealth because we have none and this is why cacs can work at McDonald’s or live on disability while owning homes and other assets.

It is sickening to see so-called black men and women AGAINST reparations for us but mad they won’t get shit but a $1.2k check. If that isn’t an example of self hatred or being pro-white, I don’t know what is.
 
Iike a got dam Mack truck... fortified like baby milk...at the house playing chess not checkers..what bout you and Mom Dukes..lil brah
Shit we sipping and smoking

she gat a lil medical card so she want me to roll a joint. I gat her some cones so she can stuff. And we just gat a cleaning kit for her Pocket Rocket.

my damn Lexus blu Out the transmission so I’m waiting on that to get done.

im good. Bitches ain’t shit. lil sister out da hospital.

we all we gat
 
Shit we sipping and smoking

she gat a lil medical card so she want me to roll a joint. I gat her some cones so she can stuff. And we just gat a cleaning kit for her Pocket Rocket.

my damn Lexus blu Out the transmission so I’m waiting on that to get done.

im good. Bitches ain’t shit. lil sister out da hospital.

we all we gat

Shit... lexus don't matter...pull up game is non-existent.. nowhere..to go brah..all my shits got low tires ret nigh.. Kinsfolk
 
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