Josh Bourassa

@gorillapanics @0xRarest I came here to say this as well. Limit used to be $6,000 for years. Now it’s up to $7,000 and that just started. Unless they meant 401K.

@0xRarest For those that don’t know, if you put $650 per paycheck into a Roth IRA you will hit the annual contribution limit in 12 paychecks.

A 36 year old warehouse supervisor i talked to who’s from Ohio put $650 every paycheck into a Roth IRA for 13 straight years. Never sold, never checked the balance during crashes. Just hit $412k. Still drives the same 2009 Tacoma. Still buys his work boots at Walmart. He told me he feels guilty because his coworkers think he’s broke like them. The money just sat there and did its job while he kept showing up.

@yonann In this case Dave is right. Time to move. If you’re trying to make that work you just won’t. $1,700 rent per month when making only $2,300? MOVE. Find a small town. Tons of options to rent for $1,000. I don’t care if your family doesn’t live in the area. MOVE. Or lose $$$

Dave Ramsey tells a 64 year old on disability making $27,000 a year to find extra income Caller: "I get Social Security disability. I’m 64. It’s $27,000 a year. My rent is about $1,700 a month, and I have this $9,000 credit card debt, which I pay faithfully" Dave: "Come up with a self employed idea you can do with your limitations, as long as it makes you $1,000 or more a month"

@lil_dark_1 This video pissed me off. First. She needs to clear out of the road. Second. White guy was no trying to deescalate. If anything he was making it worse by continuing to go up to the other guy. Thirdly. He is a weak fighter. If you’re going to be combative. Know how to fight.

9 vs 1! 😮 And he keeps them in check! 📷 💪🏻

@Jamesyo05 @WHLeavitt I’d have emptied at least three mags for someone like this personally.

@WHLeavitt Did he have a gun or a knife a knife right one shot in the air stop? He’s not listening pop him but to shoot him like six times to unload the clip and then reload and ready to shoot them again is excessive.

A cop rescues a woman from a knife-point rape attempt by taking out the perpetrator. Do you stand with this cop on this? A. Hell yeah B. Nah.

@64hangingon @Real_Landlord7 @theficouple I’m sorry but credit unions will give a loan out to a high schooler for the mid sixes right now if they can show proof of income with little to no credit history for $12,500 loan. Not sure what you’re talking about I guess unless you nuked your credit.

@JABBER_1 @Real_Landlord7 @theficouple Well baby I’m glad you were able to do that. But the bank won’t give me a loan for $15 grand. But the car lot will give me loan for $30,000 funny how that works.🤔😮‍💨

Here's the math: A single person earning $70,000/yr takes home ~$4,500/mo after tax. A realistic budget: -$1,200/mo: Rent -$400/mo: Food - $330/mo: Transportation - $280/mo Utilities/phone - $500/mo: Fun ...Living within their means lets them invest ~$1,600/mo.

@64hangingon @Real_Landlord7 @theficouple I just found a 2017 Ford Fusion with 63K miles with heated seats, apple car play, dual climate, memorized driver seat, for $14,500. Put $2,000 down. 5 year loan at 6.5% and your payment is $244.58. So under $250. For a nice car. People outlive their means.

@JABBER_1 @Real_Landlord7 @theficouple Idk any one with $250 a month car pmt. That’s like 20 yrs ago car pmt. And everybody driving new cars and making that pmt because nobody has $5 to $15 grand laying around for an old tired vehicle.

@Real_Landlord7 @theficouple I would argue that $330 per month for transportation is a little light, but doesn’t mean the vehicle is paid off. Plenty of people have a $250 car payment monthly, and have auto insurance at $80-$100 per month if they have a decent driving record. Factor in gas and it’s $400.

@theficouple $400 / Mo for food seems pretty light. $330 / Mo for total transportation. That implies a paid off vehicle. And most folks don't earn $70,000 / Year either.

@kelly_kellyrei @RubenGallego He has nothing to say… shocker…

@RubenGallego Go ahead, debunk CNN

Republicans want to take away vote by mail.

@bestplayeratlas I was going to like but couldn’t justify being like number 6 followed by two more sixes. Funny post.

People think $20k/month is freedom. After tax: $16,250 $2,400 rent $300 bills $1,100 food $400 social / gifts $2,800 travel $3,200 lottery tickets $2,700 Toyota Corolla payment $3,000 shopping $40 investing Congrats. You saved $150. $20k/month is survival.

@kinginvestings I’m living it. Bought a house at 25 and bought a cheap house to rent to a friend at 26. Both houses were for under $155,000 total purchase price mind you.

Get married and homeowners by age 30 1950: 50% 1960: 52% 1970: 48% 1980: 45% 1990: 43% 2000: 35% 2010: 25% 2025: 12% What happened to the American dream?

@cherokeeowl This guy literally does doorbell camera skits.

A guy shovels a woman’s driveway, then rings her doorbell to let her know he’s finished and that it will be $40. She answers through her Ring and says she has no idea what he’s talking about. He insists she replied to his Facebook post and agreed, even repeating the address. She says he has the wrong house and that she never hired him. When she says she can’t pay him, he gets angry, says he’ll “just put the snow back,” and actually starts shoveling the snow back into her driveway. She yells at him to get off her property. So how could this have been resolved without turning into a confrontation? What should each person have done differently to avoid things escalating this far?

@Matt_Pinner No. I’d need 5M to stop working completely.

Yes or No?

@TomatoTEEJ @sweatystartup Wait… is bro rage-baiting? Haha

@JABBER_1 @sweatystartup I vote to quintuple where we’re already at

Inheritance taxes don’t make any sense. If somebody works their whole life and pays taxes on money they make… Why the hell should it be taxed again just to keep the money and assets in the family if a person dies?

@houmanasefi @sweatystartup This is a ridiculous take. If I work my ass off and give my kids the world. It’s not that they were lucky to be born to me. I created that child/children. I give to them. I don’t have to give to anyone else. Historically, the strong excel. And if I’m strong, so are my kids.

@sweatystartup Person A: works 40 years, pays taxes Person B: born into right family, receives $10M for existing why does Person B deserve that money tax-free when Person A had to pay taxes on everything they earned?

@TomatoTEEJ @sweatystartup This is a low IQ take. We are in a society that quadruple taxes you. Taxes when you earn. Taxes when you spend. Taxes when you own. Taxes when you die. Removing the inheritance tax would change us to a triple tax system which is still too much. You’re enabling our gov.

@sweatystartup It teaches kids, nothing in life is free. Everything must be earned. It teaches grit, avoids complacency, while showing what’s possible through determination. Isn’t that a message you preach daily? Inheritance tax should be double what it is today.

@theficouple Personally I’m doing a split. But I would also never let myself have $132,000 in the bank in the first place. Most of that would be invested and 80% of the leftover would be in a high yield savings account.

Let’s say you had $132,000 in the bank. But you also have a $132,000 mortgage at 4.8%. Would you invest the money in the stock market or pay off the house?

@james_xond This is 100% life changing money. BUT! Only if you use it wisely. This can quickly become well over a million dollars. Even if one has to get out of some short term debt first.

Do you consider $750K as life-changing money? Be honest.

@leandrajoy @alla38 @MarketPalmer_ @theficouple I just realized I made a grave error in reading comprehension. I had read it as she worked Eight or Seven Hours. Not as she worked from 8 AM to 7PM This changes things. My apologies on that.

@JABBER_1 @alla38 @MarketPalmer_ @theficouple Many people work 12 hour shifts. Especially a single mother trying to earn a decent living. Working 12 hour shifts 4+ days a week is common.

Saw video of a 34 year old mom making $150,000/yr. Budget: - Housing: $2,636/mo - Daycare: $1,851/mo - Nanny: $2,161/mo - Food: $1,250/mo - Transportation: $379/mo - Healthcare: $1,035/mo An amazing income but very little wiggle room. What advice would you give her!?

@SusieSteinbach @sergefiankan @MatrixMysteries Hi Susie. Not sure what you think you did here. No one should ever plan on social security being the only means of survival in retirement. I actively build and work each day to fund my survival, lifestyle, etc. Not counting on mommy or daddy or big brother gov to feed me.

@JABBER_1 @sergefiankan @MatrixMysteries Subsidize your lifestyle??…..more accurately, survival.

“She’s in her 70s. She can barely lift the plates. And she’s still working.” A woman in her 70s says her Social Security check is $910 a month — and her bills are higher than that. “How is that what retirement looks like?” Something is very wrong in America.

@alla38 @MarketPalmer_ @theficouple The math isn’t mathing here. If you left the house at 7am. Let’s just assume it takes you an hour to get to work. You’re there at 8. If you worked for 7-8 hours. You’d be able to leave for home at 4 at the latest. Even running errands your kids would be picked up by 5/5:30?

@MarketPalmer_ @theficouple Absolutely! When my kids were in daycare I was working full time. Had to leave the house at 7am, worked 8-7 and got home at around 8 pm. Daycares don’t offer those long hours