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#81
Dec 12 2020 12:16pm
Quote (addone @ Dec 12 2020 11:11am)
Well not knowing how our monetary system works is partly because we are not really taught at school or by parents unless you were born into it. At the same time it's on average Joe to figure out how it works and use it because it's our jungle and if you don't it's equivalent being eaten by a tiger. So if you are in piles of debt it's because you haven't taken the steps and the effort to learn or be productive member of society.


Okay but when making statements like "everyone should be taking debt to generate multiple income streams" you should be assessing the current and near future populace and not pretend we're in fantasy land where everyone suddenly became financial literate and developed entirely new skillsets out of the blue.
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#82
Dec 12 2020 12:17pm
Quote (SBD @ Dec 12 2020 01:02pm)
As a CA yes I know what EBITDA is. I also have serviced thousands of individuals who have no grasp on how to service debt and would end up in a significantly worse position taking debt.

People don't just automatically know how to generate multiple income streams. I don't think you're looking through the kense of the average American household and you're trying to pull some elites kense on a gaming fourm to attempt to make yourself sound intelligent.

Not understand how to use debt is not irrelevant because it has a compounding negative.

I would suggest first looking at average consumer behaviour, median household averages, financial education levels and re-evaluate the "everyone should be taking debt to generate multiple income streams stance"



Without utilizing debt you will always be stuck working for someone else with them making the real cash...no matter how hard you work..it’s not hard to create multiple income streams...some even cost little to no money to get started... I think what you mean is people are to lazy or to scared to take the risk
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#83
Dec 12 2020 12:17pm
not one red gleaming penny
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#84
Dec 12 2020 12:20pm
i am generous with my time and with my money but not to asshole scammers who want to drink my water for no other reason than they think they can
don't like what you see? come and get some. see how much you like the view then
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#85
Dec 12 2020 12:21pm
Quote (BlemBlem @ Dec 12 2020 11:17am)
Without utilizing debt you will always be stuck working for someone else with them making the real cash...no matter how hard you work..it’s not hard to create multiple income streams...some even cost little to no money to get started... I think what you mean is people are to lazy or to scared to take the risk


No I don't think everyone's lazy and unwilling to take risk I think people have other individual priorities and thus use their time differently.

Debt is obviously a tool. You don't need to restate that part 15 times without adding anything.

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#86
Dec 12 2020 12:22pm
this ain't checkers nigga this is chess
we play for keeps

This post was edited by SuperSpreader on Dec 12 2020 12:22pm
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#87
Dec 12 2020 12:37pm
Quote (SBD @ Dec 13 2020 07:16am)
Okay but when making statements like "everyone should be taking debt to generate multiple income streams" you should be assessing the current and near future populace and not pretend we're in fantasy land where everyone suddenly became financial literate and developed entirely new skillsets out of the blue.


You don't have to be a knowitall business mogul to be financially literate. But you should at the very least have a grasp of a live within your means concept. If people can't help themselves to having kids they cannot support, or buy flash cars to impress or buy houses without a worst case scenario then to me it's equivalent to being a methhead that is addicted to gambling. I do see that we have alot of those people and unless we start bringing people up and teaching them this at schools as English and maths then I dont need to be assessing any near future populace other then hedge against it
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#88
Dec 12 2020 08:28pm
Quote (DrFaGgIt @ Dec 11 2020 06:15pm)
Carpenter checking in, made more money during covid than ever before.



Sparky here. Can confirm. I’ve doubled my side job rates since so much demand for work, making so much more since covid
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#89
Dec 12 2020 08:37pm
Quote (Donahey @ 12 Dec 2020 21:28)
Sparky here. Can confirm. I’ve doubled my side job rates since so much demand for work, making so much more since covid

:thumbsup:
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#90
Dec 12 2020 08:53pm
Quote (Donahey @ Dec 12 2020 08:28pm)
Sparky here. Can confirm. I’ve doubled my side job rates since so much demand for work, making so much more since covid


What's driving the work under Covid? People being home and doing projects?
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