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May 9, 2025 20 mins

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The financial strain of modern life hits hard as we explore personal budgeting strategies and the vanishing middle class in America's increasingly unaffordable economy.

• Put necessities first in your budget: mortgage/rent, utilities, and basic needs before anything else
• Limit credit cards – they can cost "three times the amount" through interest and fees
• Parentless homes create environments where kids lack proper guidance and moral education
• The middle class is disappearing as corporations push wages down while raising prices
• Basic costs have skyrocketed – a decent meal for two now costs $100, up from $50 a few years ago
• Even the "dollar menu" is no longer a dollar anywhere you go
• Inflation is being used as an excuse by companies to increase prices while wages remain stagnant

Email us at doubleaclubpodcast@gmail.com and catch us on the next episode where we'll continue this discussion.


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Episode Transcript

Available transcripts are automatically generated. Complete accuracy is not guaranteed.
Speaker 1 (00:01):
You are listening to the Double A Club and this is
your host, ny Boom, and myco-host, big Daz.
We'll be talking about trendingtopics in healthcare and
basically, just as a disclaimerjust to let the listeners know
that this is just basically onour opinions and speculations

(00:24):
and I hope you guys enjoy theshow.
Let's start off and kick offwith our first topic.

Speaker 2 (00:33):
Let me ask you something, since you're talking
about budgeting yourself.
How do you budget yourself,since you do budget yourself,
clearly, because you know thisis a good topic on late.
All right, people trying tomake things work, all right.
Well, when I budget myself,right, I have I think I take on.

(00:55):
My biggest bill is the mostimportant bills, which is my
mortgage my mortgage gets paidright off the bat, off the top.

Speaker 3 (01:02):
You think that's already done and then I'll pay,
like other bills.
You'll say, like electricity,if I don't, if I don't need
internet service, I'm not.
You know, I have to do a lot ofcutting.
People like I reduce myinternet service, I cut the
price on that.
I cut my cell phone price likeI'm not paying hundreds of the.

(01:23):
I cut my cell phone price LikeI'm not paying a hundred and
something dollars anymore on mycell phone.
Like I'm not fuck that, I don'tneed it.
You know what I'm saying.
I'm not paying for cable or TV,I don't need it.
I'm not watching TV like that.
You know what I'm saying.
So when I budget myself, I makesure that I get what I need.
First, I need mortgage, I needwater, I need light, I need heat

(01:47):
, and that's that's what gets.
That's what gets up, um, that'swhat gets paid off.
That's what's in my budget.
Now, if I cannot, once I havethat set, then I can.
I can add Things that that Imaybe want, like if I want
internet, if I want a cell phoneservice, if I want like.

(02:11):
For example, one of my thingsis I like to buy cigar leaves
because I like to roll cigars,so that's included in my budget.
You know what I'm saying, andthings like that.
So I try to eliminate what'snot needed because it's hard.
It's very difficult to continueto do what you want to do or

(02:34):
continue to pay bills when it'shard.
For example, today I wentshopping for food.
I literally bought dog foodwhich was $20, $28.
I bought a protein bar, proteinshake and steak and I spent $80
.

Speaker 2 (02:52):
I literally walked out.
Yeah, I know Going to thesupermarket is crazy nowadays.

Speaker 3 (02:58):
I literally walked out with three bags and I
dropped $80.

Speaker 2 (03:04):
You're lucky.
You walked out with bad, that'swhen I walk out with you back,
it's like $200 yeah exactly sothat's what I'm saying.

Speaker 3 (03:12):
So like, yeah, the when I budget myself, I make
sure that I put I pay off whatneeds to be paid off and then,
with the excess, excess stuffthat I have, I try to figure out
what is it that I really needafter I pay these big bills that

(03:33):
are somewhat necessities, andthen I budget myself from there
from that point on.
But also, like a lot of people,need to eliminate their credit
cards.
Those credit cards I knowthey're useful because it gives
you a large amount of money whenneeded.
But, bro, you spend three timesthe amount that you used it on

(03:57):
through the time of you tryingto pay it off.
That shit is not worth it.
Just fucking save money.
Put $20 aside and do it thatway.
That credit card should atleast have one credit card.
There's no reason you shouldhave three, four, five credit
cards.
I think that's where mostpeople make the biggest mistake.

Speaker 2 (04:16):
Because that, I think people need to identify that
they have a problem.
If you have that problem,because if you have that problem
, because if you're using acredit card, it's about
budgeting yourself Like you'resupposed to.
You're supposed to like knowhow to use it.
You know, I agree with you, butthe point of the credit card is

(04:41):
to like learn or know how touse it correctly, and some
people can, some people can't.
But the first thing you got todo is realize that you got the
problem.
You can't do this if you can'tcontrol at least one.
Control one first and then gofrom there.
But you got to take a step at atime, like everything else.

Speaker 3 (05:06):
Yeah, and I only have one credit card.
Now I I could.
I got rid of two of my othercredit cards.
I had three, I got rid of two.
I was like, no, I can'tcontinue paying, it's just too
much.
So I just got one credit cardand then I'll get rid of that in
time.
But oh, but yeah.
I mean, when it comes to budget, the first thing, the big bills

(05:28):
and the necessities, are theones that get dropped first and
then after that, once I have myavailable, the money that's
available after that stuff ispaid, then I begin my budget.
I'm like, okay, I'm onlyallowed to spend this.
Shopping, food shopping, I'monly allowed to spend this.
Maybe I'll take like $10, andthat $10 will be for me to go to

(05:52):
work, to pay for things thatwork, like coffee or something.
I have another $100.
I'm going to leave that on theside for gas for my car.
That's when I start budgeting.
You know what I'm saying thaton the side for gas, my car.
Like that's when I start budget.
You're saying that's when it'sdone, so it's tough.
And the credit card?
I mean a lot of people docredit cards because it helps
them budget Easier, but whatthey don't know is that the long

(06:18):
run, you're creating a debt ontop of your budget.
If you're because you're not ontop of it and a lot of people
are right they're using that toget on top of their bills and
not knowing that.

Speaker 2 (06:35):
We're not knowing that they're also that is no, uh
, complete separate bill,because you're putting it in
there.

Speaker 3 (06:46):
Yeah yeah, yeah.
So let's go back to some ofthese scenarios of these kids,
right?
These kids that are dealingwith parentless homes, right,
dealing with parentless homes,right?
So in October 2022, a16-year-old was arrested at a

(07:07):
Long Island City High Schoolwith a loaded gun and a razor.
Wow, yeah.
Three days after that, another17-year-old right from Medgar E
ever college prep high school,had a handgun and marijuana.

Speaker 2 (07:30):
And that bag or this is what?

Speaker 3 (07:33):
yeah, he had marijuana is bad.
That same month, right another16 year old from John F Kennedy.
You know that's cool.
From where Donna Kennedy.

Speaker 2 (07:52):
Oh, jonathan, that's he brought a gun in.
That's what you know.

Speaker 3 (07:57):
That's it he brought a gun to school.
Wow, these kids are bringingweapons of violence and stuff
like that.
They're probably surrounded byviolence in those situations.
Probably, I don't know, that'shearsay, maybe they're not, but

(08:20):
the one thing is that therecan't be a parent showing them
morals.
The parent of those kidsprobably like yeah, I teach my
kids, I teach my kids write thisand that, blah, blah, blah.
I teach them, I tell them yeah,you probably do, but the
problem is you don't have enoughtime at home doing that.

(08:44):
Just because you said you'd doit, you say it to him once.
That's not enough.
You need time.
You need time to show him.
You know what I'm saying.
You need time to display what agood person does in these
situations.

Speaker 2 (09:03):
You're absolutely right, the child needs time
Dedication.
Yeah, but you're right, thesystem doesn't allow you to be
that way.
Yeah, and these corporationsare they're causing.

Speaker 3 (09:20):
you know, saying they're the cause of this, you
think because they're puttingmore, they put in longer work
days, they put in longer workweeks and they're not
distributing enough money forthese people to support
themselves.

(09:40):
And I get it.
It's not their business tosupport you, right?
But dude, really You're raisingprices, you're cutting pay.
What the fuck do you thinkyou're doing?

Speaker 2 (09:57):
You're trying to figure out a way to support
yourself there's stuff to makeit all up the poor, poor and the
literature exactly, and I hateto say that, but you're
completely right they are.

Speaker 3 (10:16):
They're keeping four people and add the middle class.
They're pushing middle class tofour.

Speaker 2 (10:27):
And yes, there is no more middle class.
There's no more middle class.

Speaker 3 (10:32):
See, that won't be your right and they're trying to
keep the rich rich.

Speaker 2 (10:45):
Yeah, won't be your right and they're trying to keep
you the rich rich.
So because middle class nowjust a working class?

Speaker 3 (10:50):
I guess right and that's a class just barely mean.
I mean like it's crazy.
Like you look at a middle, amiddle-class family and you open
up their fridge and theyprobably have like four or five
items and you look at somebodywho's not really working, and
they got a full fridge.

Speaker 2 (11:16):
You know the system for you.

Speaker 3 (11:17):
But when you have a system, do you have?

Speaker 2 (11:21):
questions you said Well, I already asked them.
I asked them with you.
On the question the budget,what else you got anything else?
I was going to say the averagegas prices, the pricing of food,
like no, the rent was like whatyou said $1,000 from 2015 to

(11:50):
now.
Now it's like a one-bedroom islike I think, $21,000.
I think 21.
That's pretty, pretty nuts.
How expensive everything isright now.
I mean like an average back in2015, not even 2010.

(12:15):
We'll go back further, um, anaverage 2015, not even 2010,.
We'll go back further.
An average meal for two in anydecent restaurant was probably

(12:37):
like 50 bucks.
You know, depending on whereyou went, it was 50 bucks, 10
dollars.
You know you're going toMcDonald's like 10 dollars, 12
dollars, now, like you'respending for two at McDonald's
at least 20 bucks, at least 20bucks.
And if you go to that averagelike place to eat for two, 20
bucks, um, and if you go to anaverage like place to eat for

(12:59):
two, like you're spending about$100.
Yeah, and just inflation'scrazy right now, and you always,
it's pretty nuts.

Speaker 3 (13:16):
And here's the thing like we're always trying to look
for places to have lunchspecial or happy hour or
something, because Just too muchand we we do want to enjoy us
on their mountain.

Speaker 2 (13:30):
Now there's nothing that will what people are doing.

Speaker 3 (13:34):
I Remember back in the day, since, yeah, I remember
back in days well, I've been,I'm never shit, I really didn't
care.
Now it's too damn expensive andeven on those deals you still
get like, you get a lot lessfood.

Speaker 2 (14:02):
You know that's pretty bad, I mean, you know,
even like, but everything's goneup.
Um, even bread's gone up.
Even bread's gone up.
Bread's insane gone up.

(14:23):
Eggs also, yeah, eggs, milk,milk, and you know what's funny
that all these things have goneup on the price but the cost of
it has not gone.
What do you mean?
That much?
Because inflation.

(14:46):
So, because of the fact ofinflation, like other, the value
of the dollar went down.
That's why the value of, likemilk and eggs hasn't gone down

(15:07):
as much.
Because of that, the fact thatthe value of the dollar has gone
has gone down, you know.
So the value of the milk isn'thasn't gone as much, but the
price of it has.
You know what I'm saying?

(15:32):
yeah, I got you oh okay, sorryyeah.
I'm just yeah, yeah, I got you.
Oh, okay, sorry, yeah, I'm justyeah, it's.
I mean there's.
What else is there?
Like you said earlier with thegroceries, for me, three bags is

(15:55):
like Pay me $200.
It's like at least, like damnnear $200.
It's like at least $150 to $200, depending on what I'm getting,
and I, you know, I have to shopdifferent.
So like I don't get rice, Idon't get potatoes, I don't.
I get no carbs.
Like my diet is very I considerit as eating properly.

(16:18):
I get no carbs.
My diet is very I consider itas eating properly, but I don't
eat too much processed food.
My processed foods are like nosugar.
Yeah, it's expensive.
It's really ridiculous.
Yeah, it's expensive, it'sreally ridiculous.
And it's insane how hard it isto even eat properly.

Speaker 3 (16:44):
Yeah, it is you try to eat healthier and you really
can't because the cost of it isjust beyond your means.
So how are you supposed to help?

Speaker 2 (17:05):
Yes, it's hard, it really is, and I feel you people
because I'm, you know, I'm herewith you.
You know I struggle with payingfor this stuff too.
You know what I'm saying.
So, yeah, I know exactly how itfeels.
Yeah, even even, for example,even like the dollar menu.

(17:27):
The dollar menu is no longer adollar menu anywhere, anywhere
you go like a dollar 19, adollar 45, two something, three
something.
There's no more dollar menu.
Here's the thing.
It's like one or two items adollar.

(17:48):
Here's the thing about thatinflation thing right.

Speaker 3 (17:53):
If we're using dollars right and the American
dollar is $1, inflation lowersthe cost of the American dollar
in other countries.
Let's say our dollar is now, isit?

Speaker 2 (18:15):
Yeah, it's 99,.
Right, yeah, it's 99.
What A dollar to make.
What dollar.

Speaker 3 (18:23):
To make a dollar is 99.
What dollar to what dollar?
American dollar, 99 cents tomake a dollar, right?
Yeah, so, yeah.
So if we use our dollaroverseas, it's been reduced by
10 cents, it's down to 90 cents,right, but that's overseas.
Here in America, that dollar isstill a dollar.
So there's no reason to beraising prices to make up for

(18:47):
everything else, unless we'reusing the market of all the
other countries, and itshouldn't be because you're
using the American dollar inAmerica.
Other countries should not bejudged.
Our money should not be judgedby other countries' work or what

(19:13):
they value.
Our dollars to.
Our dollar is are fuckingdollars.
It's paper.
It's made.
You know what I'm saying.
It has no real value.

Speaker 2 (19:25):
Yeah, except the one that we did it.

Speaker 3 (19:29):
Yeah, so the whole idea of inflation, that's just
for people to be able to affordwhat they can afford when they
go overseas and stuff like that.
That's what it is.
We should not have to pay forthat.

Speaker 2 (19:50):
You're right, but unfortunately we are.
Every company is using it as anexcuse.

Speaker 3 (19:59):
You got any more information on the topic?

Speaker 1 (20:04):
Thank you for listening to the Double A Club.
Listen to us next episode tocontinue this topic.
If you want to reach us on theemail, it is doubleaclubpodcast
at gmailcom.
Catch you on the next one.
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