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Forum » Why do people do CreditCardMaxxing and NoSavingsMaxxing???
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Thread: Why do people do CreditCardMaxxing and NoSavingsMaxxing???

post 1676696603 02-06-2023, 08:33 PM
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  1. ZoomerBrah
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Why do people do CreditCardMaxxing and NoSavingsMaxxing???

I’m 22. Currently have over 20K saved up, both my credit cards paid off, and my credit score is 770.

Yet I see people around my age and older that have zero savings, always maxing out their credit cards, and always going out on weekends buying drinks, going to expensive restaurants, buying new Jordans and costly North Face jackets, buying other stupid chit

I’m like how. How are you not stashing at least 1,000 a month in savings and budgeting your money
post 1676731903 02-07-2023, 11:45 AM
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Originally Posted By ZoomerBrah⏩
I’m 22. Currently have over 20K saved up, both my credit cards paid off, and my credit score is 770.

Yet I see people around my age and older that have zero savings, always maxing out their credit cards, and always going out on weekends buying drinks, going to expensive restaurants, buying new Jordans and costly North Face jackets, buying other stupid chit

I’m like how. How are you not stashing at least 1,000 a month in savings and budgeting your money
Bump
post 1676732283 02-07-2023, 11:50 AM
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  1. MikeLowrrrey
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Low IQ.

I get it, it's tough. I'd love to spend $2000 on a 65in OLED tv, but then I'm just into more debt. And saving money feels good.

I'm gonna use my entire $1300 refund to pay off some high interest credit cards, then I'll be able to save even more.
post 1676732523 02-07-2023, 11:53 AM
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  1. HateLiberals
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Wow 20k r u a millionaire
post 1676732653 02-07-2023, 11:54 AM
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Some people don't have the discipline to delay gratification so they spend money they don't have on things they done want to impress people they don't like leaving them maxed on the credit car and no savings.
post 1676732683 02-07-2023, 11:55 AM
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  1. TheParish
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"Keeping up with the Jones's"on a national scale. Social media hasn't helped either. It's amazing how many people who can't possibly earn more than 35k/year are living baller lifestyles 24/7.

To answer the question OP, everyone is debtmaxxing because they don't give a fuk anymore. The scamdenic and clown world that followed has jaded millions.
post 1676733993 02-07-2023, 12:12 PM
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  1. ZoomerBrah
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Originally Posted By 87dman⏩
Some people don't have the discipline to delay gratification so they spend money they don't have on things they done want to impress people they don't like leaving them maxed on the credit car and no savings.
The crazy thing is they spend money on stuff they don’t need. Absolutely wild
post 1676735243 02-07-2023, 12:36 PM
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  1. 87dman
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Originally Posted By ZoomerBrah⏩
The crazy thing is they spend money on stuff they don’t need. Absolutely wild
You are right, spending on stuff they dont need, it is wild
post 1676735713 02-07-2023, 12:46 PM
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  1. Godfrd824
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If you're not at least triple leveraged, the you aren't even trying.
When it comes your time to die, be not like those whose hearts are filled with the fear of death, so that when their time comes they weep and pray for a little more time to live their lives over again in a different way. Sing your death song and die like a hero going home.
post 1676736613 02-07-2023, 01:03 PM
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Bro do you even S&P 500 Index?
post 1676738823 02-07-2023, 01:37 PM
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  1. Guyfawkes1010
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Why do I always kill threads
post 1676738993 02-07-2023, 01:39 PM
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  1. HMFIC_BROWSIN
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Having lost 6 figs in the stock market last year.... kinda jealous of the spenders who never invested and bought cars, jet skis, vacations, etc.
post 1676739053 02-07-2023, 01:40 PM
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  1. Guyfawkes1010
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Originally Posted By HMFIC_BROWSIN⏩
Having lost 6 figs in the stock market last year.... kinda jealous of the spenders.
When you say you lost 6 figures 'in the stock market' do you mean you were trying to play the market? Or do you mean from longer term investments?
post 1676739343 02-07-2023, 01:45 PM
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  1. HMFIC_BROWSIN
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Originally Posted By Guyfawkes1010⏩
When you say you lost 6 figures 'in the stock market' do you mean you were trying to play the market? Or do you mean from longer term investments?
Long term. But that would have been a lot more fun to actually get something out of it, sold it, then still be ahead of where I am.
post 1676739423 02-07-2023, 01:46 PM
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  1. Guyfawkes1010
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Originally Posted By HMFIC_BROWSIN⏩
Long term. But that would have been a lot more fun to actually get something out of it, sold it, then still be ahead of where I am.
wtf are you invested into? The S&P is up 8% on YTD.
post 1676746853 02-07-2023, 03:51 PM
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#16
  1. HMFIC_BROWSIN
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Originally Posted By Guyfawkes1010⏩
wtf are you invested into? The S&P is up 8% on YTD.
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