Millions Of Americans Are Losing Sleep Over Their Finances

[00:00:00]Anyone else feeling more depressed than normal lately? I'm just curious. Like just this like looming depression. And it's not like boohoo, lock yourself in a dark room depression, but you can feel something's off.

[00:00:13]>> Many people right now have been saying that something's off and they don't know what. But yet they continue to have the same struggles. They're financial struggles. It's financial stress. Stress is what is causing many people to panic.

[00:00:28]Some people are going to the emergency room, going to the hospitals and clinics, trying to get checked out because they are stressed, anxiety, it's just eating at them every single day because many people are still living paycheck to paycheck in this economy, which is becoming very difficult to survive, especially when gas prices are where they're at. Granted, they've come down a little bit, but they're still very high. Utility bills are still very high. rent, mortgages, okay, car payment, phone bill, your Netflix account, your internet bill, everything is just eating at you. It's becoming very difficult. And then you still have to eat. People are struggling to eat because of the cost.

[00:01:14]>> Went to the grocery store for three things: eggs, milk, and bread. And my bill was almost $30.

[00:01:21]>> $30 for eggs, milk, and bread.

[00:01:25]That's about normal. A little bit high, but it's about normal. And this is why I'm bringing this to your attention.

[00:01:32]People are having this financial struggle right now where what they are paying out, their expenses, they exceed their income and what they're bringing in. And I've been saying this for some time that you need to make sure you are financially prepared for 2026 because 2026 is going to be a rough year. It is going to be difficult because people are struggling. They don't have their bills all paid. They don't have their credit cards paid off. They have so much debt.

[00:02:09]They have credit card debt. They have student loan debt. They have car payments. They have a mortgage, right?

[00:02:14]And maybe they have some other toys as well. But this is putting more stress on millions and millions of Americans. And they're starting to feel it. They're starting to realize that they are seriously in a never-ending loop. They are going around and around and they will never be able to catch up. They will be living paycheck to paycheck for the rest of their lives and maybe not even be able to retire.

[00:02:38]>> How the hell are we supposed to retire?

[00:02:40]Because my whole damn check goes to gas, groceries, daycare, and my damn utilities.

[00:02:48]>> Think about that for a second. If your entire check goes to your your rent, your your bills, your utilities, food, how are you ever supposed to retire? How are you supposed to get ahead today to make sure you put money away in the future? How do you do that? That's where it becomes almost impossible. And people realize that they're in this rat race.

[00:03:13]They're just going around and around and around in this wheel and they're never going to be able to get out. This is why people are stressed out. This is why many people have decided they're not going to pay their taxes. They're not going to put money away for retirement.

[00:03:28]Hopefully, they'll be able to be taken care of by social security or something else. But they're saying, "I'm going to live today because I don't know what tomorrow's going to look like." That's what's happening. And by doing so, this is causing many people to go into, you know, deep debt. They're not looking at ways to pay down their debt. They're not looking at ways to pay off their car payment. Not looking at ways to invest into real estate and invest into their future. It's just how can I live today?

[00:03:59]I want to play you a clip, though.

[00:04:01]Listen to this right here.

[00:04:03]>> How much money do you need to not be stressed about money? Money has always been such a huge stressor for me and I have really had to fight to not have anxiety over money and spending money and saving money and all those things.

[00:04:21]But I think if I had like this much money, I could stop being stressed.

[00:04:28]>> And I'm just curious, what is that amount of money? Okay, let me just ask you this. How much money do you need to not be stressed about money? Well, that was a question that I asked a friend of mine recently. And this is what he said.

[00:04:44]$5,000. If I had $5,000, I would not be stressed about money. And then I brought this question. Well, how much do you spend every single month? What are your expenses? And he said, well, he probably spends about four to $5,000 a month. So, this is why I'm bringing this up.

[00:05:02]Financial stress is a huge issue that's impacting millions of people causing them to panic right now. Anxiety attacks all over. And this is the reason why.

[00:05:12]This is what I want you to take away from this video. If you currently have x amount of money, you should be fine. You should be somewhat stress free. That amount of money should be between six and 12 months of your expenses. So for my friend that makes or that spends between $4 to $5,000, we're just going to say 5,000. If he spends $5,000 every single month on all of his bills, then he needs to have between 6 and 12 months of that. Meaning, okay, $5,000 that he needs to have between $30,000 to $60,000 saved up in a liquid account that he can go and access at any time. If he can do this, then he should be somewhat stress free as far as financials go. But I want to ask you this. How much money do you have saved up? How many months of an emergency fund do you have? Let me know down in the comment section below because this is the key. If you can have between 6 and 12 months of an emergency fund, that should take a lot of the stress off your shoulders. But again, how much do you