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“We’re just not wired to save,” said Brad Klontz, a certified financial planner and expert in financial psychology and behavioral finance. Our brains are instead programmed to focus on our immediate needs.

Hahaha, this guy can legit go fuck himself. We're in a fucking Gilded Age where we're being fucking bled dry by fucking corporations ripping us off, nickel and dime-ing us to death, and just fucking over customers as much as they can to make a buck.

But nooooo, it couldn't be that half the country isn't paid a fucking living wage!

You couldn't get by in the cheapest places in the country.

Right now Lubbock, Texas has rents roughly $900 a month for a one bedroom apartment (Lubbock is cited in many studies as one of the cheapest rental markets in the US).

Minimum wage is $7.25 in Texas.

To afford a $900 apartment on your own, you would need to be making $16.87 an hour.

The average wage in Lubbock is $26,413/year, or about $13.75, which is about three dollars short of a renter allowing you to rent that place (income per month x 3 is the standard).

So, even in the cheapest places to rent in the country nobody can actually afford to live alone.

But sure Klontz, you fucking clod, it's that "wE'rE jUsT nOt wIrEd tO sAvE!" What a fucking crock of shit. Can someone who knows this person in real life maybe try slapping the fucking stupid out of his idiot face?

EDIT: Shit like this why idiotic people like Trump voters don't trust "experts." If he's an expert I'm Mickey Fucking Mouse and Disney can just try suing me for existing.

"we're not wired to save" is a weird way of saying ~~44%~~ 56% of Americans barely make it paycheck to paycheck with no disposable income.

Edit: wrong percentage

"Not wired to save" ... Mother fucker is completely out of touch with systemic pressures squeezing every last ounce out of people.

Friends of ours busted their asses to raise kids and simultaneously go to college for accounting. The other parent rose up to management in a factory.

They still can't afford a basic house and are endlessly caught in a loop as renters where they get fucked even more.

My wife and I were lucky in the timing of getting our home and lucky to just know a realtor in our family. Luck, luck, luck. I'm not working half as hard as they are if I'm honest and they are getting fucked by a system that doesn't give a shit about them, all the while the rich get richer then turn around and tell all the plebs to blame the poor immigrants seeking a better life.

Bull shit we're not wired to save. This fool talks like the rich haven't been stealing our wealth for the last 50 years and we aren't left with nothing.

But then they say we waste our money because we have a fucking phone or the internet or avocado toast which last I checked avocados are pretty fucking cheap, as is bread. Like you can function in this world without having a phone or Internet, nowadays. Even homeless people have a fucking phone. Try finding a job without the internet or a phone.

We've been robbed our whole lives, and this fuck says that's your fault.

According to his job description, the dude is a "Mental Wealth Advisor" 🙄

affordable housing, healthcare, and education might help. can we get some of that?

I think it is more like people don't have high paying jobs with extra money to save.

Lmfao WHAT savings I was almost homeless this year working full time for CVS

Not wired to save? Fuck off! We are collectively underpaid, you disingenuous shitwit!

I'm just going assume they wanted to say "not wired enough money to save" but forgot the middle part

I sold my car and quit driving altogether and bought a bike and scooter and I save money now.

If I made more money I could have that luxury but take a look around, so many car loans are shit. The cars are shit too. And drivers keep getting worse imo.

Cars are a huge drain on the wallet and an unnecessary expense for many.

The rich not only control the media, but vast swaths of our academics as well. Especially so-called economists and "business experts", like the bootlicker quoted here.

These people know nothing about neurology or psychology. They're being paid to repeat bullshit so people get complacent (and worse, use their 'expertise' to influence lawmaking).

Here's what happens, at least to me: If I manage to have extra money, I start saving and build up a little nest egg, then need to empty it because of an unexpected expense. And then I start saving again only for that to happen again.

Controversial thought maybe, but I indeed have many friends who should and could afford to save, and choose not to.

None of these friends are wealthy or have high salary's, they're just bad with money

i would save if i actually had something to save; and i suspect many are in the same boat.

“We’re just not wired to save,” said Brad Klontz

Asshole. Like THAT's the problem.

Feck off.

We're wired to save, if we make enough money to be able to save.

Most people I know do save, put quite a bit of effort in it too.

And then when they've saved up some money, one of these unexpected expenses happens that resets them to zero.

And these unexpected expenses keep happening at a shorter interval, causing people that do save to also not have enough buffer to pay for a $1000 unexpected expense AGAIN.

I also know quite a few people that saved a lot over the years, to then see it go up in smoke when COVID hit and life became 50% more expensive in the span of 3 years.

It's rather revolting how transparent these narcissistic projections have become.

It's never their (the people defining the rules of the economy, like this expert) fault, it's always the victims (all of us).