People Have STOPPED PAYING THEIR STORAGE BILLS!

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More people have stopped paying their bills on their storage units or are falling behind. Simultaneously people are falling behind and all sorts of other bills like credit cards, car loans, even mortgage delinquencies are starting to tick up as well. If people were doing great financially this would not be happening.
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5 окт 2024

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Комментарии : 1,7 тыс.

@MichaelBordenaro 3 месяца назад

FAKE WEALTH EFFECT TRICKING PEOPLE INTO SPENDING MORE ru-vid.com/video/%D0%B2%D0%B8%D0%B4%D0%B5%D0%BE-LLzZA0TRiGI.html

@jimmyamico4713 3 месяца назад

Excellent perspective, Michael keep it up❤🇮🇹🇺🇸

@christopherjelen7661 3 месяца назад

They have one of those cash to card machines at the reds area in Ohio

@sssyria 3 месяца назад

Gold standard doesn’t work. Imagine that you own a gold mining company. How would you like it when the government tells you how much your gold is worth. Today’s gold priced according to market conditions like supply and demand. Gold standard is PRICE FIXING.

@sssyria 3 месяца назад

Today’s dollar value is determined according to supply and demand of dollars vs a basket of supply or demand of commodities, services & other currencies Complex way of evaluating it. It is influenced by Politics, government policy, people’s movements, people population growth or decline, war or peace, international relations, natural resources and even weather conditions.. very complex and can’t be explained by one singular thing but alot of of the influence comes from money supply. The money printing

@nightrunner1456 3 месяца назад

Would you be interested in how to turn 8-dollars, into 32,000 odds, to win big. JUST ASK.

@emichels 3 месяца назад

Dude, every time you make a video, I really think you are speaking directly to me. I'm a Realtor and when money got tight, my wife kicked me out. I had stuff in storage for three months but with little income, I emptied it out and basically took everything I had to the dump. The only stuff I kept are my clothes, my real estate signs, baseball cards, laptop, printer, files, medication, TV, shoes. And a picture of my Mom.

@truthseeker1959 3 месяца назад

Some wife you had there. Ugh. 🙄

@JK-td4hi 3 месяца назад

As mentioned above, some ‘wife’ that is…

@wyattwilburn 3 месяца назад

Hypergamy doesn’t care

@MoneyMike-1 3 месяца назад

That’s not unusual for women to leave when you lose your job. That is why I stay single.

@3bladeceilingfan304 3 месяца назад

That's deep-

@nicolasbenson009 3 месяца назад

We Are in Unchartered Financial Waters! every day we encounter challenges that have become the new standard. Although we previously perceived it as a crisis, we now acknowledge it as the new normal and must adapt accordingly. Given the current economic difficulties that the country is experiencing in 2024, how can we enhance our earnings during this period of adjustment? I cannot let my $680,000 savings vanish after putting in so much effort to accumulate them.

@berniceburgos- 3 месяца назад

Keeping some gold is usually a wise decision. You would be better off keeping away from equities for a bit or, even better, seeking advice from an expert given the current market conditions and everything that is at risk with the current economy.

@tatianastarcic 3 месяца назад

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a CFA, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst

@Michaelparker12 3 месяца назад

Could you possibly recommend a CFA you've consulted with?

@tatianastarcic 3 месяца назад

My CFA ’Melissa Terri Swayne’ , a renowned figure in her line of work. I recommend researching her credentials further. She has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

@BridgetMiller- 3 месяца назад

Thank you for saving me hours of back and forth investigation into the markets. I simply copied and pasted her full name into my browser, and her website came up first in search results. She looks flawless.

@curtgomes 3 месяца назад

I knew a fellow who ran a storage facility. He told me that most people are paying to store junk that's not worth the rent of the storage facility.

@ER-im7md 3 месяца назад

boycott businesses refusing to accept cash.

@covercalls88 3 месяца назад

Knott's Berry Farm amusement Park takes only cash. So I had to get out my CC to make a $5 food purchase.

@jared7723 3 месяца назад

Just the other day dude lost a sale saying he doesn't except cash dumb it's buinsess 101 small buisness too

@slomnim 3 месяца назад

It's the banks fault. I work at a cash heavy business and the way the banks harass us making cash deposits is insane. We have to break up the deposit totals to skim under the requirements for larger deposits (one day we have x amount, but we do x - y so that z is acceptable, then bring in y the next day) so their requirements are met

@mmmm7433 3 месяца назад

Agree

@luigivincenz3843 3 месяца назад

After McDonald's dissed me by telling me to use the kiosk which does NOT take cash, why bother? All they had to do was open the register & take my $$, but no. So ef em.

@dmark6699 3 месяца назад

If they do not want my cash they don't need my business.

@amyhudson1016 3 месяца назад

💯

@YadraVoat 3 месяца назад

What's context are you referring to? Isn't the video about customers not paying?

@YadraVoat 3 месяца назад

Ah other comments suggest some businesses might have been refusing to accept cash, which indeed raises questions of the meaning of "legal tender"

@Gordon013 3 месяца назад

@@YadraVoat maybe watch the video.

@bluerisk 3 месяца назад

Who does not respect my money, won't be respected by me.

@urukadooedwards7637 3 месяца назад

Let's get to the Real issue here with not paying Cash. It's all about Tracing and Tracking every human bieng on the planet. That's the Plan.

@AnnaKoppen-y7q 3 месяца назад

Exactly

@danefrye4504 3 месяца назад

100%

@sligacheese6470 3 месяца назад

Yup

@lisagardner903 3 месяца назад

One day every human will be required to have the mark of the beast in order to buy, sell, or trade.

@lawrencebritt1222 3 месяца назад

Just like forcing all of us to have phones. Can’t function most of your life without one. If you don’t have a phone you can’t take advantage of the discounts in grocery stores anymore.

@pensacola321 3 месяца назад

If you can't afford the storage cube, you can't afford the crap that's in the cube. Get rid of the crap and get rid of the payment.

@colinchampollion4420 3 месяца назад

Very well said ~ you hit the Bullseye!

@anitaruffinen8324 3 месяца назад

Common sense

@ah-yp6vp 3 месяца назад

Storage cubes are going for $2k a month here

@melonfan74 3 месяца назад

@@ah-yp6vp 😯that is ridiculously insane!

@blackworldtraveler3711 3 месяца назад

Always fascinated about storage facilities as a REIT investor. People store stuff. Many forget about it. Autopay monthly for years.

@trixielatouche7180 3 месяца назад

My husband and I rented a storage unit in Reno, NV, three years ago. We travel for a living and are away for over 300 days per year. Instead of buying a house, we just store our household items that are not replaceable. Two years into renting, we discovered that the facility was renting to homeless people. In the six months that we had not checked on our unit, we discovered upon arrival one day that half the facility was occupied by homeless people. Trash, dog/human feces, the smell of urine, old cars, and motorcycles were everywhere! As fast as we could, we hired big, burly moving men to move us to a secure facility outside of Reno. We check on the new place every month now.

@frederickmuhlbauer9477 3 месяца назад

WOW that’s crazy

@carlariggs525 3 месяца назад

wow...have never heard of that.

@danc99 3 месяца назад

Bidenomics in action.

@zzzT. 3 месяца назад

@@danc99trump's tax cuts for the rich in action. Storage units rented by homeless people are trumpvilles. 🤠

@iamatlantis1 3 месяца назад

I rented a storage unit from your Mother. It was her bedroom.

@nealruth664 3 месяца назад

If a business wont accept my cash I walk and let them put things back away that I wanted too purchase. Resist this cashless system at all cost.

@jean-louislalonde6070 3 месяца назад

Being poor is very expensive, so much so that I cannot afford it...

@BV-Auto 3 месяца назад

Psht, I'm so poor I'm charging rent to my cockroaches.

@WilliamKirkland-j4r 3 месяца назад

Just an observation. As an old retired man, I watch a lot of You tube - various types of content - and it's obvious to me that you have one of the best on this segment of the market. Thanks for being so consistent with your presentations and coverage of our economy that so many of us are interested in hearing about.

@MissKimmy777 3 месяца назад

I recently discovered my local grocery store has fantastic soups, full deli which serves hamburgers, sandwiches (excellent food!). The cost is 50% - 60% less than a restaraunt. No tipping, less tax to pay. It's a win!

@DanMay-wp1ls 3 месяца назад

"THIS NOTE IS LEGAL TENDER FOR ALL DEBTS, PUBLIC AND PRIVATE". How is NOT accepting cash, even legal?

@chrisgoeswest9882 3 месяца назад

That’s not a bad idea for a class action lawsuit somewhere!

@IP0Monsturd 3 месяца назад

Try buying a new car and pay in cash. All Pennies.

@hvaball150 3 месяца назад

It is a lie. You are a fool to think if something says something outlandish on the box or the item it is true. Keep in mind, the federal reserve is not even a government entity.

@UK-Expat-in-USA 3 месяца назад

@@IP0Monsturd Last 2 cars I purchased were for cash, and they would only accept cashiers checks though passing a fake check is a Felony, go figure! But - However, for individual cashier's checks, money orders or traveler's checks that exceed $10,000, the institution that issues the check in exchange for currency is required to report the transaction to the government, so the bank where the check is being deposited doesn't need to.

@rdallas81 3 месяца назад

@@UK-Expat-in-USAyeah. It's ridiculous.

@ENIGMAXII2112 3 месяца назад

It is amazing that there are still a number of people who actually believe that "things are fine"..

@KayFabe87 3 месяца назад

If you have to rent a storage unit for all of the “stuff” you have accumulated, but don’t have room for in your house, you simply have too much stuff. Imagine paying to store the junk that you don’t use and serves no purpose. If you haven’t used it, worn it, or even looked at it in over a year, then you really don’t need it.

@odessajackson4551 3 месяца назад

These people are called hoarders!!!

@TriggaTreDay 3 месяца назад

Most people are temporarily downsizing or moving for a seasonal job. My brother has a moving company and my husband helps him on some of their major jobs. Most of their clients don’t want to move all of their stuff with them just for a 6-7mon job opportunity. So the blanket statement is way off. Also I know a few people that had to get a storage unit because they lost their home, due to the landlord wanting to raise the rent. How would that look if someone is coming to stay with you temporarily but is bringing a 2-4 house worth of their valuable? They would have no choice but to get a storage unit.

@BMW-tr3nf 3 месяца назад

If they are using a storage facility in the first place they may have a foreclosure on their property and need to store there furniture and belongings until they figure out other living arrangements.

@TriggaTreDay 3 месяца назад

@@onlyme7907 No they’re not. Those are most people’s situations moving throughout the city. Tons of moving companies in my city talk about moving out of towers. Are you even in the industry to even say that these are the outliers? My brother has had this company for 5 yrs. The data is clear. Plus he has relationships with most of the storage facilities in our city and he gets lots of business from property managers and realtors, and they give a lot of information on people’s situations. I know there are lots of people that move their stuff into storage that are struggling, but it’s only most of the time because they are waiting to transition into their new place. The original commenter is making it seem like most people are hoarders and that’s not the case a lot of the time.

@prd004.2 3 месяца назад

Some people have things other than junk in storage

@luigivincenz3843 3 месяца назад

I cleared out my storage after I had it for close to 10 years. Most of it, I could have easily stuck into my closet or garage, AND threw out a lot of it because they were junk. I shake my head after thinking I paid more than $100 a month keeping mostly crap for years.

@flutterbyenterprises8452 3 месяца назад

Don't bother going to venues that won't take cash. Save your money and go places that do.

@richardcarellano 3 месяца назад

No cash accepted, no business given.

@MarcHasaraMarcHasara 3 месяца назад

Notice that nobody is sitting outside and eating at the restaurants you strolled past. Mosquitoes? Gnats? No, probably no money to afford the service and food.

@clagueb3686 3 месяца назад

Too hot for outdoor dining

@dertythegrower 3 месяца назад

There is cars all over... are ya blind? heh. People eat out but not when they get chicken and stuff from Sysco and other corps (most food spots) as they increased prices because of completely overcharged fuel surcharges since 2021, and insurance for truckers...

@dertythegrower 3 месяца назад

Support local fisherman and farmers.. cause most spots buy shipped in food from sysco, and they have to add on the fuel amd insurances overcharging since 2021-2024 'leaders' loves fuel surcharges, especially gavin in cali

@paulsaulpaul 3 месяца назад

See 3:01

3 месяца назад

Last night I went to a spanish restaurant and had yellow rice and chicken and a bowl of spanish bean soup...with tip almost 50 dollars...how do families afford this....for chicken and rice.??

@NickOutside 3 месяца назад

Just closed my storage unit. They kept raising the rent, got sick of it

@daveHEART2012 3 месяца назад

30 years ago I lived in a 10x30 storage unit for a year to save money to buy a house. After a year I had 2 grand and put a down payment on a new double wide mobile home set up in a park. 4 years later I bought my first real house. It’s doable. Don’t let laws and rules hold you back. Do what ya gotta do to survive other than depriving others of life, liberty or property

@Alex-ir4bm 3 месяца назад

I don’t see how it’s possible with 24/7 cameras on every angle and time stamped access codes.

@thesearentthedroidsyourloo1880 3 месяца назад

They putting up cameras and check for locks on the exterior of the storage unit nowadays. But I agree with you still..it's getting harder.

@lisahertel2415 3 месяца назад

You can’t do that, not for many years. I’m referring to living in a storage unit.

@brianborkowski5977 3 месяца назад

Well, he did it so stop saying otherwise. It's his life experience that he is offering. Nothing more. He's not tell u what u can and can't do in your zip code

@rhipotter6191 3 месяца назад

@@brianborkowski597730 years ago there was no cameras 😂😂 yea it USED to be done all the time like a lot of stuff before cell phones and internet...

@karm9852 3 месяца назад

If a business or school doesn’t accept cash leave

@khatdubell 3 месяца назад

if the government is charging a fee for taking its own money, that should be illegal

@ag4allgood 3 месяца назад

You just have to know the rules & usually a checking account linked by routing / account numbers will have no fees.

@regwatson2017 3 месяца назад

That is not the point. You shouldn't need any account at all if you don't want one. Cash should always be available and mandatory to accept otherwise you open up the opportunity for a tyrannical government (like the Biden Admin) to start spying on what you are buying and if it is against their agenda, you get a penalty strike.

@bovnycccoperalover3579 3 месяца назад

It's easier to find out the legal things government does rather than illegal. Governments don't even care about keeping up a pretense that they are honest.

@garyfrancis6193 3 месяца назад

@@ag4allgoodWhen you’re buying a quart of milk at 7 Eleven? This like Covid would all stop if people didn’t cooperate in screwing themselves.

@utubes720 3 месяца назад

That statement applies to so many shell games we’ve been conditioned to see as normal. Credit cards charge exorbitant transaction fees to the merchants, who add that fee to the prices we pay on each item, then the CC companies also charge us fees and interest on the CC used to pay for that item. CC monopoly companies are one of the highest profit margin businesses because they charge whatever fees they can get away with because we are not their customers, the banks are their customers. “Private sector” but not really because their monopoly is protected by Govt regulations. The Government taxes us and takes our money. Then uses those taxes for grants to Universities for pharmaceutical research. Big pharma comes in and buys our tax payer funded discovery, then sells us that new drug at exorbitant insane markup in the name of “protecting their intellectual property”.

@lawrencearnemann3923 3 месяца назад

We had a bar/restaurant that went cashless. They would charge 3% for a card. The town of hudson fl. Boycotted them and they are closed now

@michaelsnively3621 3 месяца назад

Hmmmm. Was it lolipops?

@MOstix13 3 месяца назад

If they don’t take cash, take your business elsewhere. Be smart! This whole cashless idea isn’t to benefit our personal financial situations.

@lindamorris1035 3 месяца назад

I feel the same way. He's talking to us all,! I'm an owner operator, one truck and trailer operation; ten car hauler! I spent 47,000 dollars more in diesel last year than the year before, with no pay rate increase in rates! The only thing keeping me afloat is that my operation is paid for. I've been a prepper for 20 years, i.e. gold, silver, food and getting out of debt. People used to laugh at me, they're not laughing anymore.

@silkscreenart5515 3 месяца назад

$47,000 a year less to pay for criminals who will never work. What about your family? This administration hates you, and you and I are the Schmucks who get to pay for all of it.

@danbooher5843 3 месяца назад

Are u prepping for eternity ?

@packerfan10 3 месяца назад

My friend lived in a storage unit for 3 years and as long as he got that payment in one time and was in before closing time they didn't care. He had a chair, neck pillow, and an air filter that he ran through taking off the light bulb and turning it into an electrical socket. He said it was the the best time of his life as he had nothing to lose.

@CroisMoi 3 месяца назад

I was at Home Depot today, it was not busy at all. They did not have even one cashier. This for a place that has people buy weird and bulky items. They make you check yourself out. That is a big FU from the managers of this company. All these corporations that don't believe in providing service should fire their CEO. They make the shopping experience a pain in the A. They will blame the economy for their failure.

@DMAN-xk5ni 3 месяца назад

Right, they have 2 or 3 people watching you, while you’re checking out your own stuff. Instead of opening a lane up to help you. Makes sense. Oh, and don’t ask for help finding something. Lol..😂

@CroisMoi 3 месяца назад

@@DMAN-xk5ni The funny thing is, it would not cost that much money to hire someone for that, compared to the carrying cost of all the stuff in the store. I think they are being very short sighted by treating their customers like this. I bet men want to do it even less than women. If they are carrying a big 2x4, they want someone to at least ring it up and take their money.

@steeljurist 3 месяца назад

That's why I'm a minimalist

@danbooher5843 3 месяца назад

WTH is a minimalist ? Go figure.

@wturner777 3 месяца назад

@@danbooher5843*minimalism. Look it up.

@deborahilyia1125 3 месяца назад

Michael you tell the truth with each video. I am a 71 year old that made a point to be debt free. I am fiscally responsible but i don’t belong in this society! Sad!

@ALLworldCONSTRUCTIONLLC 3 месяца назад

In California, there is no statewide law that mandates businesses to accept cash for transactions. However, certain cities, like San Francisco, have implemented local ordinances that require businesses to accept cash. This law aims to prevent discrimination against individuals who do not have access to bank accounts or credit cards, ensuring they can participate in the economy

@rockyroad7345 3 месяца назад

I use cash as much as I possibly can because I have no interest in credit cards companies selling my spending habits to the highest bidder or having the feds feeling entitled to pry into your expenditures for no reason. This push to eliminate cash is a way to monitor and control people. I have never been turned away from anywhere using cash.

@jamesw8804 3 месяца назад

My local regional bank started to charge my business account a fee if I deposited cash. This started 2 years ago. They said it covered the extra cost to handle the cash and store cash. Outrageous and Absurd. They are a bank, that is supposed to be what they do

@ozzy.....7383 3 месяца назад

They don’t even store any cash

@ellenreisberg9306 3 месяца назад

I heard this when the topic came up on a local radio station. Like you said, this is what banks are supposed to do, but they are now charging business accounts that deposit cash. I’m waiting until they start charging individuals who deposit cash as well.

@danbooher5843 3 месяца назад

I start keeping my money at home.

@nrakma 3 месяца назад

Money in banks grows at below 0%.

@DonaldMark-ne7se 2 месяца назад

I see the rising interest rate as a very big problem, as more investors will definitely pull out more money from the Stock market. This might have worked when I was still invest-ing with a couple thousand dollars, but it is more difficult now to decide whether to pull out more than $365k from my port-folio. I know some inves-tors still make that despite the strong bear market. In wish I could pull that feat

@JacquelinePerrira 2 месяца назад

I think the whole thing about holding stocks for long term will always apply. So I think you should get a quality broker who is able to analyze and pick stocks that will do well in the long term, else you will be in a long bear ride.

@Jamessmith-12 2 месяца назад

You have a very valid point, I started investing on my own and for a long time, the market was really ripping me off. I decided to hire a broker, even though I was skeptical at first, and I beat the market by more than 9%. I thought it was a fluke until it happened two years in a row, and so I’ve been sticking to investing via an analyst.

@kevinmarten 2 месяца назад

This sound interesting. I’m not really one to use pro analysts, but I guess it would not hurt to try one. My portfolio is in the red waters right now

@Jamessmith-12 2 месяца назад

Carol Vivian Constable is the licensed fiduciary I use. Just research the name. You’d find necessary details to work with a correspondence to set up an appointment..

@kevinmarten 2 месяца назад

She appears to be well-educated and well-read. I ran a Google search for her name and came across her website; thank you for sharing.

@josephfraley4432 3 месяца назад

People get to that level are beyond worrying about a credit report.

@supernova11711 3 месяца назад

Very true!

@ColeDedhand 3 месяца назад

Storage units are almost never worth the money you spend.

@slomnim 3 месяца назад

For personal? Very often yes you're correct. For small businesses? It's practically a steal for the price. And certain businesses have to keep records for a period of time before destroying the physical copies, and to those guys it's a drop in the bucket. Srsly though personal storage is 95% of the time not worth the price for longer term, and if it is in the 5% that is affordable, there are probably security or personnel concerns

@Chrunchmunch 3 месяца назад

Storage unit 5x5 for $20 a month ain’t bad for a few months if needed.

@slomnim 3 месяца назад

@@Chrunchmunch lol a friend in the bay area says his 5x5 is $140 a month. $20 is totally worth it if that was the price

@Chrunchmunch 3 месяца назад

@@slomnim wow…. In St. Louis city so I guess that explains the difference.

@healthyone100 3 месяца назад

only for a short time unless you have expensive merchandise RIP OFF!

@86Framer 3 месяца назад

Oftentimes with storage people pay more to store the stuff than it’s actually worth after a few years. Most units aren’t climate controlled so the stuff slowly gets ruined too.

@truthseeker1959 3 месяца назад

Most of that stuff has sentimental value. 😉

@86Framer 3 месяца назад

@@truthseeker1959 Good point haha

@slomnim 3 месяца назад

I see a lot of people who had relatives die, and they just stuff it into storage and pay the bill without going through the stuff for YEARS.

@bespoke4187 3 месяца назад

@@truthseeker1959can't take it with you when you die and all it does is overwhelm the family who has to find a home for it. Mostly your stuff doesn't have significance to them other than it was your stuff but it's just stuff. I'm going through this with my childhood home that is still sitting full of stuff molding away because we don't have the time or money to do anything with it yet.

@truthseeker1959 3 месяца назад

@@bespoke4187 Yeah, I know. It’s just hard to part with it sometimes. Someday, I might need it…lol.

@Horseracingtip 3 месяца назад

I stopped going to sporting events that don't take cash. Cashless society is just another way for banks and government to control you. Use cash everyday people.

@larryjackson6075 3 месяца назад

Post Office mailbox rental fees increase everytime I renew the rental.

@Feribrat99 3 месяца назад

yes but it is still locked up and your stuff is safe, wait until the SHTF and you can't get mail without an armed guard. LOL.

@IP0Monsturd 3 месяца назад

Can you live in your P O Box?

@g.t.richardson6311 3 месяца назад

@@IP0Monsturd can you live in an outhouse

@prd004.2 3 месяца назад

And they lose mail all the time. They used to be reliable and pretty prompt too. My brother sent me a letter recently and it took four weeks to arrive

@Joce123 3 месяца назад

LarryJackson..UPS has mailboxes also

@cmatt1529 3 месяца назад

Storage sheds are also very expensive. After a year or two I realized there wasn’t that much “sentimental” value in old furniture.

@topicalstormofficial 3 месяца назад

How long until we have storage unit living communities?

@jcmontecarlo6123 3 месяца назад

Like in the Simpsons

@bre9612 3 месяца назад

A lotta ppl live in storages, actually. Especially in places like Atlanta. There are videos all over RU-vid about it as well.

@chapman1569 3 месяца назад

Whenever they talk about converting business towers into apartments they mention that it is a very expensive task for many reasons but if theses cubicles were just little rooms that could be used as bedrooms and people would share commons areas like a kitchen and bathrooms, just add some showers and it would be livable. It would not be luxury apartments but it could provide shelter at a reasonable price for many. The offices with a window could be little living rooms or kitchens, windows are not a necessity for sleeping. As long as the ventilation and fire safety is good, it could be ok.

@marvinphillips1326 3 месяца назад

This economy reminds me of the movie “The Grapes of Wrath.” A very sad time in our history.

@BV-Auto 3 месяца назад

Especially the size of the average human now... F A T!!

@coppingtonfarnham7731 3 месяца назад

You're either skinny from lack of food or fat from having to eat cheap foods. And cheap food typically has more sodium...causes water retention and not good for health overall.

@cameronjenkins5304 3 месяца назад

In the last recession, I knew a guy who lived in an AC storage unit. $25 a month. Now $25 will get you a Big Mac.

@BV-Auto 3 месяца назад

Yeah if it's just you, why not. Seems like a smart move. Save up that $$$

@frederickmuhlbauer9477 3 месяца назад

Never heard of such a low cost storage unit honestly

@novadhd 3 месяца назад

to be fair tho you can get fries and coke with that

@frederickmuhlbauer9477 3 месяца назад

@@novadhd fries and coke arebad for your health like living in a freaking storage unit down by the river

@ajf5823 3 месяца назад

I had a 5x5 storage unit a few years ago that was $40/month. Now they are asking over $100/month for the same thing. These places deserve what they get!

@KathyPamela 3 месяца назад

Bro, your videos are gold.

@KMSunshine 3 месяца назад

Businesses have also been going cashless because of being robbed

@BV-Auto 3 месяца назад

Do you have stats on this, I'd like to know which businesses are being robbed and have lots of cash on hand...asking for a friend.

@Oldcarnut63 3 месяца назад

That's no excuse. It's just another reason to control us by going cashless. The government can shut down the system and you can't get money if you wanted to or buy anything

@rholalbi8155 3 месяца назад

@@BV-Auto😂😂😂😂 yeah asking for your bipolar friend typing this message so he can tell you when to go rob again 😂😂😂😂

@prettykitty5416 3 месяца назад

Yeah and scammers. Most high end stores are no longer accepting cash because people would try to purchase a $4000 piece with fake money. Usually the most/some of the bills are fake but most of the bills are real.

@supernova11711 3 месяца назад

@@rholalbi8155People should really learn to stop joking about mental disorders like that. My husband has bipolar disorder and is a very respectable, law abiding person. It’s not funny. You create a stigma and people run with it and start judging others from your ignorant comments.

@BIgBass255 3 месяца назад

It feels like those of us that watch you daily are spectating the sinking of the Titanic right before our eyes. Get your Life boat ready folks.

@Brasi4522 3 месяца назад

😂😂

@Ldastwpayh 3 месяца назад

🤳

@linmal2242 3 месяца назад

Move to Ariz and build yourself an adobe compound. space and power from the sun !

@LittleLadyDalia 3 месяца назад

@@linmal2242I’ll move if you take me 😂

@IP0Monsturd 3 месяца назад

Because we have never experienced a downturn in our economy.

@Noctural-Notions 3 месяца назад

It's so easy to trash talk on people when you are not down & out yourself. And your absolutely rite, YOU DO NOT UNDERSTAND !!

@amyhudson1016 3 месяца назад

Agree. Until you walk in someone’s shoes you can only imagine 🙁

@Juliet875 3 месяца назад

People are in trouble with credit cards and buy now pay later. Enjoy your travels and thank you Michael!

@ag4allgood 3 месяца назад

Hope he is not in that " You Only Live Once " YOLO crowd ! Being a realtor in Miami is not exactly the profession you want to be in right now.

@Abraham.Lincoln22 3 месяца назад

Most people: “Buy now pay never.”

@Ann-ub4mf 3 месяца назад

Storage prices are RIDICULOUS!😮

@orlandomarinez70 3 месяца назад

Thanks a million for putting this videos together

@SilverTurtle65 3 месяца назад

I never understood why people pay storage fees to keep their junk. Sell it if you’re not needing it or using it.

@Joce123 3 месяца назад

I use my storage unit to keep my information private and not worry about a roommate or my roommate's friends going through my stuff.

@SilverTurtle65 3 месяца назад

@@Joce123 If you live with people you don’t trust then you have bigger issues than wasting money on storage.

@courtneynicholson122 3 месяца назад

Michael I use to go out to eat 5-6 times a week....Starting June 1st...i made a plan not to eat out EVER!

@HubertGeorge 3 месяца назад

It's been 1 hour and i already saw her in a restaurant.

@BMW-tr3nf 3 месяца назад

I saw her too😅

@networth00 3 месяца назад

Unless you're a billionaire, you shouldn't go out to eat 5-6 times a week. It's throwing money in the garbage.

@BMW-tr3nf 3 месяца назад

@@networth00 I reckon she can't cook or couldn't be bothered to cook. Also that's what keeps people broke trying to live rich when they don't have any $$$$🤑🤑🤑

@BV-Auto 3 месяца назад

Courtney, do you like nachos?

@charly5595 3 месяца назад

My wife worked for a storage facility. People would clean out their garage and yard. Rent a storage unit load it up instead of going to the dump. Clothes and Christmas decorations. No gold bars...

@daynajoe 3 месяца назад

😂😂😂😂

@rubydarlene 3 месяца назад

Those lil gnats are called "no see ems"...and they do feed on you...😬

@angelacahill9460 3 месяца назад

I was thinking about storing my stuff, went on Google Maps reviews. Discovered these storage places are price gouging terribly. Here in N TX. Went to talk to a property manager. They don't allow any food preps, even freeze dried buckets or canned food. They keep their "temperature controlled" units at 90°F. Not acceptable. I will just downsize at this point.

@timr31908 3 месяца назад

What's going to make things even worse.. when are very severe depression hits.. these days people are not family oriented... Most families are very dysfunctional.. most at least back in the depression era people were a lot closer...😮

@IP0Monsturd 3 месяца назад

And skinnier.

@keithbronson9777 3 месяца назад

I take Zoloft for depression.

@horrorislander 3 месяца назад

There aren't even as many freight trains for the down-and-out to hop and try to spread out; to get somewhere better, or at least easier. I hate to think people might turn into large, hungry, roving gangs... but if/when the country really does go bust, they might.

@Armored_Saint 3 месяца назад

the Waltons.

@nrakma 3 месяца назад

I wasn’t there during the depression era, was it rough on you?

@johnpad4778 3 месяца назад

A few months ago, seen a few tiktok videos of people actually living in storage units. I would not be surprised to see more people doing it after those videos came out.

@MarcHasaraMarcHasara 3 месяца назад

Michael don't forget to tell people that St. Augustine is the oldest city in Florida.

@northmaineguy5896 3 месяца назад

That's the first thing I thought!

@tico13ba 3 месяца назад

Is it true it is not as nice to live in. Is St Augustine good to live? I heard no jobs and other stuff. Which city in Florida would you recommend buying a house for a family of 5?

@clagueb3686 3 месяца назад

Oldest in US

@IP0Monsturd 3 месяца назад

What is the oldest city in Florida?🤔

@chrisweidner4768 3 месяца назад

When people mentioned that yesterday, somebody kept saying Pensacola. Who cares. 🤣🤣🤣

@CATownsend777 3 месяца назад

Seniors have been under water for a long time now.

@winniethepoohandeeyore2 3 месяца назад

If things were as rosy as the gubmint tells, none of this would be going on.

@dannyroberts9807 3 месяца назад

Yeah it would, Americans don't know how to live within their means and everyone wants to blame someone other than their own poor decisions

@brianarmstrong6215 3 месяца назад

All of our financial problems in this country have one common denominator. Government involvement!

@tubularbill 3 месяца назад

Went to my local Costco this morning. Typically on a Saturday morning around 10:30 AM it’s a madhouse. Not this morning. There were some people there but boy it was easy to get in and out of line. I thought to myself this is not a good sign.

@Ldastwpayh 3 месяца назад

Facts Costco jumps on Saturdays

@fredk9999 3 месяца назад

Thank you to our host and thank you for thinking of your viewers in producing and editing this presentation. We alway learn a lot.

@s99614 3 месяца назад

Storage fees are too damn high!

@Juliet875 3 месяца назад

And the rent is too damn high 👍

@visitante-pc5zc 3 месяца назад

Welcome to socialism. Someone has to pay for the "free" stuff that government "provides"

@lawrencearnemann3923 3 месяца назад

Why do have so much extra crap that you have to pay to store it?

@ag4allgood 3 месяца назад

Because the credit card holder never thinks of how much they pay for things after interest charged & any fees until the Bills come due !

@treesnmoguls 3 месяца назад

People who rent storage lockers for anything other than SUPER SHORT TERM (like when you're in the process of moving) are IRRATIONAL! Do the math; makes NO SENSE unless you just need to park some things SHORT TERM.

@TL71913 3 месяца назад

I live in a studio apartment. We all received an email saying they will no longer take cash to pay rent and if you do they will give it back. I thought cash was legal tender. Isn't that against the law to not take cash? Our government has gotten too big and they are all up in our business too Freakin much!!!😡🤬 We're not little children who need to be micro managed by the government.

@IP0Monsturd 3 месяца назад

Try paying your rent in loose Pennies.

@markusgorelli5278 3 месяца назад

One of the banks here is trying to force everyone to use the atm to deposit cash. No more teller transactions. Given the limit on how many bills you can deposit at one time, this could be a hassle and dangerous if you have to spend a while by yourself. Now a regular business might have night bag deposit facilities at their bank but a once a month person ... 🤷‍♂.

@novadhd 3 месяца назад

im sure they would rather have a check or direct depostit than an envolope with cash

@TL71913 3 месяца назад

@@novadhd They don't even want checks. I was already paying my rent online. I was still shocked to get that email. I really feel sorry for the elderly who don't necessarily like technology. I'm 52 and I don't like it but it's forced on us at this point.

@northmaineguy5896 3 месяца назад

How about this: "We only accept debit cards, no cash." Okay, see ya!

@IP0Monsturd 3 месяца назад

You will have to take your nickels & pennies elsewhere.

@oldroscoe2590 3 месяца назад

Times are getting tough, it's getting harder and harder to live beyond out means.

@debbiec6216 3 месяца назад

That's all i know is, to live within or below my means, Just NOT ABOVE my means . I have ways to save money , power , water , for example. I became debt free 15 years ago, which I planned that back when I was 17 years old , investing , etcc . I figure I better learn all this at a young age and apply myself step by step. We taught our 2 kids ( adults ) at a young age too, and they are both debt free .

@JBoy340a 3 месяца назад

The thing about storage units is they are getting more and more expensive. Ours has gone from $300 to $600/mo. in 6 years.

@Lisithedogwalker 3 месяца назад

😮😢

@TheSuperdodgy 3 месяца назад

$600/ month. That's $7200. What is the stuff worth in the unit?

@JBoy340a 3 месяца назад

@@TheSuperdodgy a lot is documents we keep for the business purposes. But yep, is getting expensive. We have some legal retention requirements, but we need to definitely go through them and shred a significant amount.

@treesnmoguls 3 месяца назад

@@JBoy340a Can't you digitize the documents (scan and store on a drive and drive backup)?

@TheSuperdodgy 3 месяца назад

@@JBoy340a We invested in digitally archiving all our documentation. Legally there is no requirement to have hard copies. $3 a month for AWS storage.

@RP-nc5ev 3 месяца назад

Politicians don't care they never did they never will.... you are at your own..Good luck

@PauloFreireJr 3 месяца назад

Michael I went to drop-off my son at the airport MIA and I notice that left my wallet at home but I had Cash ..... It took one hour to resolve the problem because now the Miami Airport do not accept cash and the machines do not take Apple Pay ....... unbelievable .....

@B1970TBronze 3 месяца назад

Funny you should mention ghosts. About 10 yrs ago, I was in the souvenir shop of the Fort Augustine ( Castillo de San Marcos) and while paying for my items at the cashier’s station, some small object (don’t remember what) , violently flew off the counter past me ,at waist height,and landed on the floor a few feet past me. I did pick it up and replaced it on the counter. The saleslady said she had never seen anything like that before. Nothing ,like that had EVER happened to me before. My partner was horrified and demanding we get out of there immediately. Lol. Nice info as usual.

@JDmix123 3 месяца назад

Savannah, Georgia is a nice place. If you head to Tybee Island which is very close to Savannah there’s a restaurant attached to a gas station called “Sunday” I believe and it’s delicious I still remember how good the food was after all these years. Have fun, Be safe!

@Bvsterrrrrrrrr 3 месяца назад

I probably just gonna live under a rock. Boxes are even expensive .😢

@faisalxt 3 месяца назад

Thank u. Keep bringing us these economic indicators signaling the the storm during this calm.

@Jeffrey-s6g 3 месяца назад

Safe travels Michael. Looking forward to your videos on your travels. Honestly the locker storage units are literally a gold mine you'd be surprised what you'd find buying a unit at a sale. Most times it can be a dud; however sometimes you strike gold

@chrisweidner4768 3 месяца назад

Indeed. I lost autographed baseball memorabilia, vintage ceramics from South Korea and a book collection, to include some first editions. Antique stuffed rocker and local craftsman’s book case.

@MichaelBordenaro 3 месяца назад

Thank you! I used to watch storage wars all the time back in the day. It was so fascinating. All the things they would or wouldn’t find.

@midnite4412 3 месяца назад

People have their priorities mixed up .... Lines at fast food drive thru restaurants are a mile long .. Seems like they have the money to pay $20.00 for a hamburger fries and a watered down soda.

@thesearentthedroidsyourloo1880 3 месяца назад

Fake meat and diabetes!

@Ldastwpayh 3 месяца назад

The sodas sure do taste watered down... No bubbles or fizz. They dont change carbonination. Soda is so flat.

@lilymcnabb6621 3 месяца назад

Bread and circuses ring a bell? People are barely hanging on. Most may not know what is wrong, most know something is wrong.

@IP0Monsturd 3 месяца назад

Ronald McDonald has to eat too.

@shirtlesslager 3 месяца назад

I enjoy this channel but most of this is bullshit. Spending continues unabated. There are lines wrapped around Cookout and Chick-Fil-A 24/7. Everyone I know is going on a European vacation shortly. They aren't broke.

@MOstix13 3 месяца назад

My storage unit doubled last month. Letting it go. Only had it to store old business records for tax purposes.

@Watch-S-g6r 3 месяца назад

The Law STATES that every business must accept Legal Tender aka USA currency therefore, bring Exact change and they must accept it for All Goods at Any establishment. Fck those so called Cashless places. Leave $$$ on counter, take your hotdog and walk off. No issues

@ShireIO 3 месяца назад

So a kiosk that turns cash into a debit card sounds like a terrible idea that invites money laundering

@thesearentthedroidsyourloo1880 3 месяца назад

My 9x12 unit in Southern California went from 145/month to 345/month in 6 years.

@anonymousgirl799 3 месяца назад

That's ridiculous. I left Southern California in 2017. Glad I took my storage when I left. I couldn't afford to pay for things in 2024, I probably wouldn't remember anyway. Lol

@SM-qu8gs 3 месяца назад

I just shipped my belongings afer paid 27 months in Los Angeles , rented a Ubox from uhaul for shipping from Los Angeles to Florida. A 5x10 space was initially $155/mo, then went up 4 times to almost $300/mo. Glad I ended up on June 1st. I was shocked to see Los Angeles after 2 years, really expensive and going down..

@realtruther2631 3 месяца назад

Yep!!!..your CORRECT Jeff!!!... it doesn't MATTER which Party is in POWER!!

@tizzx4945 3 месяца назад

I just love the variety on this Channel! Keep going Michael youre doing a great Job!

@pensacola321 3 месяца назад

He says the same thing every day.

@StigmaSam 3 месяца назад

I just went to a Pittsburgh Pirates game yesterday and they are also cashless and have reverse atms throughout the stadium…It’s insane that businesses are choosing to stop accepting cash

@northmaineguy5896 3 месяца назад

I call the "dump" my storage shed.

@ceeellebee122 3 месяца назад

I only had my storage unit for 2 years. I just got a notice that it was increasing to $220 for a 5 x 10. I was told in order to keep my rates low, I need to call them every time I get the increase notice. I managed to keep it at $165 but I need to see wtf I have. It’s ridiculous but I feel bad for those paying more.

@lovethemflowers 3 месяца назад

I had mine for a little under a year and a half. Figured I could put what I was spending on storage to better use and had the stuff brought to my apartment. Slowly thinning it out so the next time I move, there are fewer boxes with things I still need.

@not_nostradamus683 3 месяца назад

The hyperbolic public debt coincides with the growth of credit cards and home equity loans. Prior to the mid-1970's few people had a credit card much less a HELOC. Most people saved money and paid cash.

@ralphd85desjardins17 3 месяца назад

Keep telling us the truth, the truth hurts.😊

@garymcgovern1423 3 месяца назад

I am one of the few in my cul-de-sac that parks my car in the garage. Everyone else's garage is full . It's funny cuz my friend said to me hey you park your car in the garage and I said yeah! Isn't that where it's supposed to go?

@kingglizzer 3 месяца назад

Maybe people should get rid of their junk so they no longer have to pay to store it. I've seen people leave $60K of vehicles out on their driveway because there's $300 of junk in their garage. 🤣 Tracking money transactions may also be about taxing every little thing. Establishing the Fed in 1913 wasn't so great either-- it gave a third party back-door access to the stored value of our labor. Nobody would ever abuse that. Mike walked by Peace Pie in old-town St. Augustine. I thought it was a pizza joint, but it's ice cream sandwiches.

@genxx2724 3 месяца назад

My friend bought a Mercedes SUV. I told him to clear out his garage and park it inside. He didn’t. Rats ate the insulation of the wiring, totalling the car.

@visitante-pc5zc 3 месяца назад

We're living socialism right now

@lisagardner903 3 месяца назад

That sounds like my husband! We have a 2 stall garage that was full of tools, junk, etc. A few years ago I drug everything out and we got rid of stuff, reorganized, so I can now park my car in the garage.

@brainsmasher6617 3 месяца назад

If you have so much stuff that you have to rent storage space you have too much stuff. I had a storage space and took stuff to the city dump twice before it clicked. 😂

@wallye8713 3 месяца назад

Come to NJ u would never know economy is in the pooper. Restaurants packed, Boardwalks packed. Building going crazy and actually being sold. Food and other necessities inflated. But all the New Yorkers and Phili rich always come to Jersey. That’s why I am leaving. Congestion, crime, woke movement and poor quality of life. That said I’ll keep one property here to use as residents as Healthcare stellar….

@mikie2020 3 месяца назад

Hey Michael everytime people ask for more wages the cost of things go up as well.And those of us on fixed income suffer but I've learned over my lifetime is never live beyond my means and don't worry about the Jones' with high value homes and auto's.I also like playing my guitar as you do and appreciate your helping others realize financial issues

@Resmith18SR 3 месяца назад

Clark County and Las Vegas just reported that their homeless population hasn't been this large in over 10 years. But the economy is doing just fantastic. 😂

@amyhudson1016 3 месяца назад

The bar has been lowered

@plica06 3 месяца назад

I liked this one even more than yesterday's video. The chart about rising national debt since 1980 is scary!

@jamesblakeman 3 месяца назад

You will own nothing and be happy

@davecohn6407 3 месяца назад

In northern Colorado , my local supermarket has been advertising for workers during the last 18 months . Currently it is 17.5$/ hour Rents are continue to rise. Hotel prices continue to rise . Golf course fees continue to rise . Restaurant prices continue to rise.

@ajf5823 3 месяца назад

A lot of people who have been forced to go homeless put their stuff in storage. Some sleep in it.