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J.P. Morgan's outlook for 2024 said that it will probably be the year when the U.S. consumer will begin to bend, although not yet break.

There are quite a few reasons why they believe this: diminished excess savings, plateauing wage gains, the restart of student loan payments, an uptick in subprime auto and millennial credit card delinquencies... The list goes on.

But to find out what the people think of the economy and how they're navigating its challenges, the subreddit r/FluentInFinance is the place to jump into. With 326K members, this vibrant community is a hub for insightful discussions, advice, and, most importantly, memes on all things money.

#1

Income Over $1 Billion Be Taxed 100%. Agree Or Disagree?

Income Over $1 Billion Be Taxed 100%. Agree Or Disagree?

YOU_ARE_MY_FRIENDS Report

HelmGrass
Community Member
1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

for more and more ppl the rule is: the more money you have the more you want... i.o.w. Greed rules

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    #2

    What's Destroying The Middle Class?

    What's Destroying The Middle Class?

    thatanglo Report

    BoredBranzino
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Then try a government that has better social ideals than the USA. For the purposes of this post, "social ideals" means NOT trying to passively kill citizens.

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    These memes illustrate some of the most important monetary questions that we ask ourselves on a regular basis: Are you better or worse off financially than you were a year ago? Do you think you’ll be better off a year from now? And where do you see the country headed in the next five years?

    The University of Michigan also raises them (and other similar ones) to calculate the Consumer Sentiment Index, an economic indicator measuring how people feel about the economy.

    #3

    How Can We Fix This?

    How Can We Fix This?

    JYSexton Report

    Michael Fernandez
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Jeff Bezos: Funds his own space program for zillionaires to say they’re “astronauts.” Also Jeff Bezos: Makes workers routinely urinate into plastic bottles because they’re denied breaks. Locks workers in warehouses during hurricanes.

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    #4

    Taxing The Rich Is Our Best Solution Until We Can End Capitalism In This Country

    Taxing The Rich Is Our Best Solution Until We Can End Capitalism In This Country

    Inevitable_Stress949 Report

    #5

    So Much This. It’s Not Minorities. It’s The 1%

    So Much This. It’s Not Minorities. It’s The 1%

    paywallpiker Report

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    "It's a measure that we can compare over time and get a pulse on the attitudes of consumers," says Joanne Hsu, director of the Surveys of Consumers at the University of Michigan. “Which is important given that consumer spending is over two-thirds of GDP."

    That survey and others demonstrate there is a pervasive sense of disconnect between the overall economic picture and how people feel about the economy.

    Despite slowing inflation, a healthy labor market with record-low unemployment, and stocks that remain in a bull market, consumer sentiment remains below pre-pandemic levels.

    #6

    But I Thought Money Can't Buy Happiness?

    But I Thought Money Can't Buy Happiness?

    caitiehannan Report

    BoredBranzino
    Community Member
    1 year ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    I got 99 problems, and MONEY is all of them.

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    #8

    He’s Not Wrong. Very Depressing. Crazy To Think About

    He’s Not Wrong. Very Depressing. Crazy To Think About

    TayZonday Report

    Kylie
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This is actually true. What's a small bump in life's road for someone with money to handle it becomes catastrophic life change for someone without the means.

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    #9

    Tax Breaks For The Ultra Rich Are Not A Fix

    Tax Breaks For The Ultra Rich Are Not A Fix

    RightNutt25 Report

    Tamra
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Ask the government why it's using our tax dollars to regularly bail out corporations. Ask the Republicans why they always vote to give massive tax breaks to the wealthy. Ask why we haven't had minimum wage increases to meet inflation since the f*****g 1960's.

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    The University of Michigan's preliminary reading on the overall index of consumer sentiment came in at 65.6 this month, compared to 69.1 in May.

    (Economists polled by Reuters had forecast a preliminary reading of 72.0.)

    Before the coronavirus pandemic, the index stood at 101.

    #10

    Would You Quit Your Job To Flip Burgers For $350,000 A Year?

    Would You Quit Your Job To Flip Burgers For $350,000 A Year?

    KylePlantEmoji Report

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    #11

    Is The American Dream Dead?

    Is The American Dream Dead?

    TreJames_ Report

    #12

    Mom Said It's My Turn To Post This

    Mom Said It's My Turn To Post This

    Biocockspeedrunner Report

    Libstak
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I hate that you feel you have to point out you are not trying to be socialist. This is realism, not any other ism. The value of a human life is a real and precious thing just on its own and denigrating others time and labour to poverty levels is elitism and slavery under a new name.

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    #13

    Should There Be A Wealth Tax? Smart Or Dumb?

    Should There Be A Wealth Tax? Smart Or Dumb?

    NotAnotherTaxAudit Report

    Tamra
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Amazon has fired 22,000 workers since 2022, but hey, they just had a private Foo Fighters concert for the upper level employees. 🙄

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    In 2024, the Pew Research Center also asked Americans to share their views of the nation's economy, and about three-in-ten (28%) rated them as excellent or good, while a similar share (31%) said they are poor and about four-in-ten (41%) view them as "only fair."

    #14

    It's Bullshit!!!

    It's Bullshit!!!

    Peace_And_Happiness_ Report

    Kylie
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Imagine if there was a loan where if you could show consistent on time rent payments for a certain amount for a certain period you could get a loan without needing to front a deposit?

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    #15

    What Other Common Sense Ideas Do You Have?

    What Other Common Sense Ideas Do You Have?

    RightNutt25 Report

    Owen
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    The filthy rich don't understand what life is.

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    #16

    Just To Be Clear, Food Stamps Are Not In Fact, Bad

    Just To Be Clear, Food Stamps Are Not In Fact, Bad

    paywallpiker Report

    Kurtz Frausun
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I DESPISE the "Food Stamp" bickering. You know who's on food stamps? You're picturing a "lazy" person not working. It's also the working poor (6.2 BILLION for Walmart employees ALONE), those with disabilities, the elderly, and military families.

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    However, people usually see their country's economy through their personal financial circumstances — and those can vary widely.

    The top tenth of households by wealth are worth $7 million on average, while the bottom half hover around $51,000 on average, according to the Institute for Economic Equity at the Federal Reserve Bank of St. Louis.

    #17

    $1,900,000,000,000,000,000?

    $1,900,000,000,000,000,000?

    Public_Citizen Report

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    #18

    Being Poor Is Expensive — Agree Or Disagree?

    Being Poor Is Expensive — Agree Or Disagree?

    jjfitzgeraldMD Report

    Alexandra
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    That is depressingly true. There are so many people who don't stand a chance from the moment they were born. It's not 'you don't try hard enough' or 'if you really want it, it will happen', it's the lack of access to good food, medical care, education, housing, not having to wonder whether you will be able to eat the next day or where you are going to sleep'. It means that the problems of homelessness, addiction, child abuse, vagrancy and crime will never be solved without a near-complete overhaul of how our society sees its members.

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    #19

    Supply And Demand Bro.. It’s Simple.. Don’t Buy That Thing You Need!!!¡!

    Supply And Demand Bro.. It’s Simple.. Don’t Buy That Thing You Need!!!¡!

    Wide_Preparation8071 Report

    Subaru645
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Mo money, mo money, mo money in Damon’s voice

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    A recent Brookings Institution analysis suggested the tone of news coverage can also have a strong influence on the disconnect between actual economic performance and how individuals perceive it.

    Since 2018 — including during and after the recession sparked by COVID-19 — economic reporting has taken on an increasingly negative tone, despite economic fundamentals strengthening in recent years, the analysis found.

    #20

    How Do You Handle Unexpected Bills?

    How Do You Handle Unexpected Bills?

    atomdatcom Report

    Lesley Richard
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Every damn time. Every new noise I hear on my 17 year old car makes me anxious.

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    #21

    Don’t Let Them Fool You

    Don’t Let Them Fool You

    djscuba1012 Report

    ZGutr
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    No change required. I'll back you up! WHO would need more than (let's say) 30 Million dollar. For what? Maybe, just maybe it's time to put an end to greed. Maybe it's not a bad idea to set a limit on how much one should posses.

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    #22

    The Rich Shouldn't Pay More Taxes. The Government Should Spend Less. Disagree?

    The Rich Shouldn't Pay More Taxes. The Government Should Spend Less. Disagree?

    YOU_ARE_MY_FRIENDS Report

    Michael Fernandez
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I disagree with the caption, which is unrelated to the meme. Ronald Reagan dismantled decades of progressive tax policies, effective destroying the middle class and sentencing the working class to lives of poverty.

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    #23

    What's The Worst Money Advice You've Ever Gotten? I’ll Go First:

    What's The Worst Money Advice You've Ever Gotten? I’ll Go First:

    MattBellassai Report

    BoredBranzino
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    What "should" be happening, is that WE should be kidnapping billionaires until they release a bunch of their money to the rest of us.

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    We would all like to hear that tomorrow is going to be brighter than today, but the aforementioned J.P. Morgan paper concluded that elevated trade tensions with China, the ongoing Russia-Ukraine war, and conflicts in the Middle East all point to continued uncertainties and risks heading forward.

    #24

    Millions Of Cattle "Investing" In Brutal Corporate Oligarchy / Slaughterhouses, Occasionally Wondering Why Record Slaughterhouse Profits Entail Higher Costs And "Inflation"

    Millions Of Cattle "Investing" In Brutal Corporate Oligarchy / Slaughterhouses, Occasionally Wondering Why Record Slaughterhouse Profits Entail Higher Costs And "Inflation"

    xena_lawless Report

    Curbz81
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Just being devil's advocate here. Canadian speaking... unfortunately many corporations are also willing to move their businesses and jobs to cheaper countries. So sometimes (not every time) the government gives them a tax break to keep the jobs. GM took a bailout from the Canadian government then after repaying their portion of the low interest loan they moved many of their operations to Mexico.

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    #25

    Smart Or Dumb To Get A Tax Refund?

    Smart Or Dumb To Get A Tax Refund?

    SweetOnionBreath Report

    Kylie
    Community Member
    1 year ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    And never earned any interest on it.

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    #26

    He’s Not Wrong 🤷‍♂️

    He’s Not Wrong 🤷‍♂️

    YOU_ARE_MY_FRIENDS Report

    Šimon Špaček
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Homer Simpson is "average Joe". Well, he was in 1987 when the show started. Single income household with two cars and vacations! Homer Simpson. That comical figure (which was also comicaly fat at 240 pounds). Maybe something is wrong when Homer Simpson is not comical, but somebody we can aspire to be.

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    #27

    Are We All Being Scammed?

    Are We All Being Scammed?

    Mooshisdad Report

    PFD
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This is as dumb as it looks, right? Or am I missing something subtle? People in El Salvador aren't earning US salaries.

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    #28

    What Advice Would You Give This Person?

    What Advice Would You Give This Person?

    FunReindeer69 Report

    Rod
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Being French I have an idea. Chop chop! :D

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    #29

    “Trickle Down” Reaganomics Created A Plutocracy

    “Trickle Down” Reaganomics Created A Plutocracy

    RBReich Report

    David Paterson
    Community Member
    1 year ago

    This comment is hidden. Click here to view.

    https://en.m.wikipedia.org/wiki/Pareto_distribution

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    #30

    Can’t We Just Have An Economy That Works For Everyone?

    Can’t We Just Have An Economy That Works For Everyone?

    YOU_ARE_MY_FRIENDS Report

    Wintermute
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Remember when he was the people's choice for the presidential nomination but the DNC played dirty politics and put someone else in place who lost to an sociopathic oompa loompa and it made everything worse for everyone but corporations? That was fun.

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    #31

    Rent Should Count Towards Your Credit Score. Agree?

    Rent Should Count Towards Your Credit Score. Agree?

    SexyProfessional Report

    Wintermute
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I know this is a repost. Not cuz I've seen it before, but because where on god's earth is a mortgage only $950 nowadays?

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    #32

    Why Is Inflation Still High?

    Why Is Inflation Still High?

    YOU_ARE_MY_FRIENDS Report

    Libstak
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Yes, this is a falsely manufactured inflation being manipulated and driven by large corporations seeking mega profits, it's so damn obvious and it makes me ill every time I think about it.

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    #33

    First Place In The Wrong Race

    First Place In The Wrong Race

    TheMemeingOfLife8008 Report

    B
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    They had to pass a federal law saying the DR must tell you what a treatment/ appt will cost IF you ask. Why ? Because people were losing thier houses over medical debt so now they can say well we told you that life saving treatment was 200 grand & you agreed. Or you can say I will just die quietly in the corner so as not to leave my family in debt.

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    #34

    Where’s The Lie

    Where’s The Lie

    reddit.com Report

    PeTeH
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Progressive income tax. Takes from people that earn more than they deserve and gives to those who earn less than they deserve.

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    #35

    So Many Zoomers Are Anti Capitalist For This Reason

    So Many Zoomers Are Anti Capitalist For This Reason

    sleepisocialist Report

    Bartlet for World Domination
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There's a difference between social capitalism and locust capitalism.

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    #36

    Should It Be Illegal To Post Jobs Like This?

    Should It Be Illegal To Post Jobs Like This?

    StrictlyChristo Report

    pfeils wife
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    But $15.09 per hour is the interest charge on the school loan to get that masters degree.

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    #37

    Should Tips Be Shared?

    Should Tips Be Shared?

    SexyProfessional Report

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    #38

    What's The Best Career Advice You've Ever Got? I’ll Go First:

    What's The Best Career Advice You've Ever Got? I’ll Go First:

    TonyLiberty Report

    Aidan Campbell
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I was always afraid of this and told them i was ill but now i know the correct answer is 'none of your business'.

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    #39

    $19,000,000

    $19,000,000

    WhatAreYourPronouns Report

    ZGutr
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Why would you brag about losing 3 million?

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    #40

    The American Taxpayer

    The American Taxpayer

    Mrsaloom9765 Report

    keyboardtek
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Noam Chomsky once stated that Ronald Reagan's massive defense spending increase was the primary tool for the transfer of tax payer wealth to the upper class. The defense budget gets increased every year. The wasteful spending on the military is the top method of enriching the upper class.

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    #41

    How Do We Fix It?

    How Do We Fix It?

    WhatAreYourPronouns Report

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    #42

    Brilliant For The Rich, But Very Painful For The Rest

    Brilliant For The Rich, But Very Painful For The Rest

    Pickle-Sucker Report

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    #43

    Smart Or Dumb?

    Smart Or Dumb?

    biz_tank Report

    Kylie
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Pretty sure that one ends up with you being in prison for fraud.

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    #44

    Is $1 Million Still Enough For Retirement?

    Is $1 Million Still Enough For Retirement?

    Pickle-Sucker Report

    #45

    Capitalism Is A Horrible Economic System That Only Benefits The Rich And Corporations

    Capitalism Is A Horrible Economic System That Only Benefits The Rich And Corporations

    Inevitable_Stress949 Report

    Michael Fernandez
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    *unregulated capitalism. Capitalism is fine, as no other economic system has ever worked; it’s the dismantling of the regulatory state and dramatically reducing taxes on the wealthy and corporations that is causing many of the problems. Grover Norquist & Ronald Reagan led the charge in creating our current dystopia.

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    #46

    How Much Do You Have Invested In Your 401k?

    How Much Do You Have Invested In Your 401k?

    Mark-Fuckerberg- Report

    pfeils wife
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Why isn't "How to Handle Finances and Save Money" a class in high school? I mean yeah, barely any of us can save any money right now.. but I still think that subject is more important than kick ball.

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    #47

    Get Fluent

    Get Fluent

    reddit.com Report

    SparkDragon
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Who else read this in Elmo's voice, in their head?

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    #48

    Different Times Different Goals?

    Different Times Different Goals?

    Financial_Mechanic_ Report

    Owen
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Fake salmon for the win!

    #49

    Just Buy A House Isn’t An Option For 61% Of Americans

    Just Buy A House Isn’t An Option For 61% Of Americans

    Howdydobe Report

    Toasted Applesauce
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    This makes great points about the rich but I also read the "one does not simply" part in Boromir's voice

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    #50

    How It Started vs. How It's Going

    How It Started vs. How It's Going

    BlaringMarmoset Report

    pfeils wife
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    Pandemic or not, trumps administration spent money like a drunken sailor. Said by many of the GOP holding office at the time.

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    #51

    "Everyone Is A Genius In A Bull Market"

    "Everyone Is A Genius In A Bull Market"

    Frosty-The-Doughman Report

    #52

    The Housing Market In 2023:

    The Housing Market In 2023:

    TonyLiberty Report

    Alex
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I really don't think that the same house that cost 500.000 in 2021 still cost 500.000 in 2023

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    #53

    If Only Houses Were $300,000!

    If Only Houses Were $300,000!

    Mark-Fuckerberg- Report

    Kristal
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    I saw a banner outside a subdivision advertizing custom houses being built starting at $200k. Like a new development subdivision. I was actually like "not bad, not bad" while I'm on my way to fill up my gas at costco lol

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    #54

    There You Have It Folks. People Can’t Buy Houses Because We Can’t Stop The Party

    There You Have It Folks. People Can’t Buy Houses Because We Can’t Stop The Party

    Gone_Mads Report

    Kristal
    Community Member
    1 year ago Created by potrace 1.15, written by Peter Selinger 2001-2017

    There are so many ridiculous assumptions here that I can't even begin to point them out. So instead I say: I bite my thumb at you, sir.

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    #55

    Why Is Housing So Expensive These Days?

    Why Is Housing So Expensive These Days?

    whicky1978 Report

    SparkDragon
    Community Member
    1 year ago (edited) Created by potrace 1.15, written by Peter Selinger 2001-2017

    Just in case anyone is taking this seriously, the caption for this picture is intended to be majorly sarcastic. This mansion is the largest private home in the US. It was built by the Vanderbilt family, a sickeningly wealthy family in a time before income tax. It was intended to be lived in by just one man and his mother (and, of course, a huge amount of staff), for part of each year. And this was one of the less nauseating members of the family - one of his cousins repeatedly got away with reckless driving (causing injuries and fatalities), just because he was rich.

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