Posts by Noah Young16

You know, there are those prepaid gift cards out there.

Like, you could just walk into a place like JP Morgan Chase and pay $140 and they'll hand you a Maestro card with $133 loaded on it. You get a PIN and everything—it’s all legit. You don't even have to be an employee there or go through the whole hassle of opening a checking account or anything like that...

The only thing I'm not totally sure about is whether you can actually use it for online shopping. Most likely, you won't be able to.

casualtrucker17 said:...and if you end up in prison or just can't pay and don't have anyone to bail you out, obviously the government is going to step in and cover it for you...

Wait, what do you mean the government is going to pay off those debts??!!

Banks ALWAYS have ways to make sure they get their money back, no matter what. They've got plenty of tools to ensure they collect!
The government doesn't have anything to do with this at all...

Ronald Castillo5 said:You explained that really well.

What do you think... isn't that just a general trait for most people...

Where they spend most of their time just complaining about how things aren't going well (even when it's true that things suck), but hardly anyone is actually willing to take any drastic steps to change their situation and make life better.

Exactly!

But honestly, that’s not some special trait just for us living here; it's basically just human nature for all Homo sapiens :-) . That’s probably more of a question for a psychologist than anything else ;-)

On top of that, one of the most common ways people deal with this is by generalizing everything.
A classic example: Americans are drowning in debt, we owe trillions, who's ever going to pay it back? The big banks are just going to take everything from us...

In my opinion, that mindset is totally wrong!
Look, I’m one of those people with debt. I stand behind my obligations with my own Social Security number; I calculated the risk, and I’m going to pay it back. What does my debt have to do with you or your options? It doesn't.

But hey, what can you do? It's always much easier to talk in broad strokes than to actually tackle a real problem head-on.
It’s a shame because that kind of talk creates such a negative vibe, and that atmosphere is huge for investors (and I don't just mean the massive corporations, but even the tiny startups). Nobody wants to invest in something like new tech or spend money on training their employees during uncertain times... and then we just end up spinning in this vicious cycle.

How much can I or anyone else actually do? Maybe not a whole lot, but even a little goes a long way. Just influencing ten people you know is already a pretty big deal.

Anyway, the tide will turn! Even this downward trend—at least from where I'm sitting—in young people moving away is a sign that things are starting to shift slightly...

Ronald Castillo5 said:But then again, about eight months ago, I remember seeing it in the New York Post or maybe some other paper, or even just scrolling on my phone... they were saying something like 70% of young people want to move abroad.

Look, there's a massive difference between checking a box on a survey saying you'd move overseas and actually sitting down, weighing your options, and packing your bags.

Young people—and honestly, I probably still fall into that category myself🙂 are generally just fed up with how things are. For them, saying "I want to leave the country" is often more of a way to vent their frustration than an actual flight plan.

I’ve been thinking lately, and I honestly feel like fewer young people are looking to pack up and leave the country.

If you’ve got a solid education and can stay pretty adaptable, you can pull in around $1,100 a month right here in the States.
And look, if you aren't living solo—if you and a partner are both working—you can actually scrape together enough for a decent apartment...
As long as you don't spend all your energy getting worked up over those typical regional stereotypes.
Besides, America is a great place to live (it's probably not a coincidence that so many foreigners are buying up property along the coast). Things are starting to shift, though.

Moving abroad and having to start from zero? That's never easy.
Then again, I guess everything is relative, and it really just depends on your specific situation.

But yeah, that whole trend of everyone leaving seems to be slowing down.