Politics and Religion

Will personal finances change under Trump ?
DaveMogal 74 Reviews 979 reads
posted

Will people be more responsible or will the trends continue ? Do you think Trump's proposed economic policies will help or make things worse for personal finances.  

62% of Americans don’t have emergency savings that could cover a $1,000 hospital visit or a $500 car repair
http://www.marketwatch.com/story/most-americans-are-one-paycheck-away-from-the-street-2015-01-07

14% of Americans Have Negative Wealth
http://www.visualcapitalist.com/14-percent-americans-negative-wealth/

The Majority of Millennials Have $1,000 or Less in Savings
https://howmuch.net/articles/how-much-millennials-have-saved-up

-- Modified on 12/24/2016 4:04:13 PM

stucaboy213 reads

do any better.  If these people are wait for an increase in welfare checks they have a surprise coming.

stucaboy205 reads

will profit while others will cry.  For example.  If you can no longer deduct what you pay in property tax and you own investment property, you are f--cked.  The other people F--cked are those that are renting property because their rents will go up, up and up!  If this happens and you are living in your parents basement you may want to invest in a tent because Mon and Dad are probably going to rent your room to somebody else.

i will have to spend a lot more on toilet paper and kleenex because i will be shitting more while laughing my ass off when the ClownKing takes over the reins of Doom..

for those that are married and have a job.  It will get better for those that have recreated themselves and wish the banks to lend again.  It will get better for those with ideas.  It will be better for small business.  It will be better for those that have never drew a government check.

Long term, it will be worse for those that do physical labor to try to make it to 69 retirement.  Maybe somebody sitting behind a desk can make that age.

If Trump doesn't do something drastic about healthcare his first term, I feel he needs to go.

Madison

The US economy will become a basket case with the "master of Bankruptcy" in change.

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