Why are normies so stupid when it comes to finances?

why are normies so stupid when it comes to finances?

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reddit.com/r/personalfinance/comments/jhdc8s/currently_owe_8800_on_a_vehicle_that_needs_a_7200/
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new fag here, do you get more bitcoin in your bitcoin wallet when bitcoin stock goes up or does it always hold that value in your wallet at all times?

wasted trips

I wouldnt say stupid i would say overwhelmed. When you lose 20% of everything you do and need to file 8 regulations to own a goat how the fuck can we operate and possession of a gun or standing ground is illegal

they literally don't care

I met a guy who was ~23, worked his ass off at a Sheetz. worked 50-60 hours, says that he did it because "working a lot is fun." constant injuries & health issues because he works so much, but he works through it.

I told him if he went into a trade or some other business, he could make a lot of money and probably retire within 10 years if he kept it up.

he laughed and said, 'don't think i'm gonna be alive in 10 years. i don't save any money either.'

people are just too normtarded

You have to lock the exchange rate on your wallet. For example I locked my coins right at the top to avoid the downside volatility.

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>bitcoin stock

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This person is memeing

They don't teach financial education classes in school.

No fucking clue, but I believe it may be because of oversimplification of stuff during studies and msm consumption. They only understand that big corp guys are bad, never good, selfish, greedy. They are taught that humans are inherently evil, when they have power at least. They are not taught that a person that creates a business has to make it grow constantly so it can keep generating enough revenue for its normie wagiecagies that, ironically, want more money or better conditions each year. If this leader is good, he will actually care about these employees. Even if he doesn't care about them, he is still giving jobs to people, hopefully without being exploitative.

they want you to buy btc, eth and blue chips stocks in a falling knife market. All you have to do is not follow what they say to make it, its that simple.

yeah but you gotta keep in mind marxists believe that a business owner does no work and gets to skim profits off of the hard work of employees

thanks i love memes ill give it a try

isn't that called staking?

Yeah, forgot to mention that the image of this business owner is a guy in a skyscrapper's office smoking a fat cigar and doing nothing, with his feet on top of a table. Just there, being evil.

reddit.com/r/personalfinance/comments/jhdc8s/currently_owe_8800_on_a_vehicle_that_needs_a_7200/

Why is r/personalfinance like this ?

Waste of oxygen

not a CEO, keep in mind, but an actual owner or shareholder. they dont do shit.

What do you mean? That CEO is good in the eyes of a marxist?

Instant gratification, living for today.

yeah. in the eyes of a marxist, the CEO is better than the owners/shareholders. the CEO is at least working

Ignorance is bliss. These people live happy jolly lives albeit much less happy then they realize they could be if they managed their funds better.

I'm not a normies and I'm stupid at finances

finance isn't taught in schools.

>bitcoin stock

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that would be anti semitic

They don't value freedom at all.

To avoid thinking for themselves, they outsource the cultivation of their value system to a hivemind of mediocre people.

Then, they chase mindlessly after the things that other people want, never taking a moment to consider what they themselves want.

They get stuck in an endless cycle of debt in order to signal status with trinkets, until eventually dying unfulfilled for having made a mediocre run of a life that was prescribed to them by an unthinking mass.

they can't think more than a month into the future. perpetual debtslaves.

>i make $2500 a month after taxes
>how big of a house can i afford?

>yeah but what's the monthly payment?

>i pay the minimum on my credit card it's only $30 a month

>that's a nice car but i can only afford $500 a month

>it's a 3 paycheck month!!!!!

>i don't understand why i'm broke!
>i only spend $5 a day on coffee
>and $50 a week on uber eats
>and $60 on restaurants 3-4 times a month
>oh and sometimes $50 at the bar

because responsibility hard. macbook and starbucks fun.

Someone has to work for my portfolio

Don't know. My parents where retarded with money. I don't understand how getting into credit card debt is even something you can do. Most people seem too retarded to just spend less than they make and turn on autopay.