The Millennial Trap: "You Will Own Nothing"
The rat race has existed for as long as we've known it, but for millennials-- we have a new challenge.
The reality that many will never own anything. And in my view, it's by design.
If most don't own anything, that means they will never be financial free, which creates a dependency on the system.
Anyway, just wanted to read some of my notes on this topic in this video.
Notable Links
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Newsletter - monoqor.com/newsletter
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Navigation
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0:00 - Intro
0:23 - Modern rat race
1:07 - Hyperproductivity
2:06 - Nobody wants to work
2:51 - “Nobody wanna work”
3:46 - The change
4:58 - Trapped
6:08 - Advertisement
7:09 - “You will own nothing”
8:38 - No retirement
9:12 - End goal
10:06 - Last word
10:36 - Closing
Links
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My Website - monoqor.com
Twitter - / monoqor
Instagram - / monoqor
TikTok - / monoqor
Threads - threads.net/@monoqor
Leave a LIKE on Facebook - / monoqor
Socials - @monoqor
Shop
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Fitness Book - shop.monoqor.com/firstday
Gear I Use
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Gear: monoqor.com/resources
Support The Channel
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#monoqor #solo #personalgrowth
Пікірлер: 438
Live simple and survive.
@GRINDETHIKSMIXTAPESHOW
Ай бұрын
Thats the best way
@sbfguy7793
27 күн бұрын
Own nothing and be happy. Slave away your precious life and convince yourself that you're living a "simple life".
@gusadams215
26 күн бұрын
You still have to increase your earning potential.. live simple is not so simple anymore. Due to inflation
@6lu5ky86
25 күн бұрын
Simple and free, no more shackles.
@brianoichoe47
20 күн бұрын
Do anything but avoid debt
You get taxed before you get paid and then get taxed when you get paid. So true!
@IshTony
21 күн бұрын
And whatever you buy after that you can taxed on top 😂
@jarredkushnerd13
7 күн бұрын
Then don't be an employee. The tax code was not meant to be one
@tachyontee3877
5 күн бұрын
@@jarredkushnerd13Typical non-solution solution. What would the world look like if everyone took your advice? Why are you being so ridiculous? Your advice would hasten the decline but you already know that. You're just saying this because you want everyone to shut up and be content with being worker drones in perpetuity.
@jarredkushnerd13
5 күн бұрын
@@tachyontee3877 you sound like an employee
@Media-oh8xc
4 күн бұрын
We’re debt slaves
I am 31 and gave up long ago. I am never settling down and working a 9 to 5. I will do odd jobs and live for myself, because I need freedom and autonomy and enjoy the free things in life like a walk in nature more than anything money can buy.
@terrorbilly1
Ай бұрын
Do you travel a lot?
@KorisnickoIme84
Ай бұрын
THe problem with that is you will want a woman/child at some point so you will need a full time employment..
@terrorbilly1
29 күн бұрын
@KorisnickoIme84 your assumption that everyone wants a wife and children in their life is silly. We don't live in the 40s anymore, people's priorities differ. This comes from a 41 year old who's childless by choice.
@KorisnickoIme84
29 күн бұрын
@@terrorbilly1 It's a coping mechanism..When you're old/sick you will realize it's not fun being alone..
@terrorbilly1
29 күн бұрын
@KorisnickoIme84 we all cope. Some believe family guarantees good company...
“5 rounds of interviews for barely entry level positions” - that hit hard bro, even the supermarket local to me is on some bs like that
@tam6011
20 күн бұрын
It’s the same in senior and principal positions
You don’t own your house as long as property taxes exist
@charliedallachie3539
14 күн бұрын
Exactly, so dumb too. One should be able to own their own home without being taxed. They’ll still be paying sales taxes
@Childfree_Jerra
13 күн бұрын
💯💯💯🎯
@johnnybgood3909
12 күн бұрын
correct buddy, but your rent will pay my property taxes. Let that sink in.
@afrikanheritage99
12 күн бұрын
Yup 🎉
@TC8787-yq7og
9 күн бұрын
Amen. A house is just another form of debt. End up in a financial tight spot and you’ll see who really owns your house. “If you think you’re living in the free world, quit your job and see how far you get” - Mike Tyson
This man gets it. At the end of 07, I sensed something was going astray and began a frugal lifestyle and utilizing/taking advantage of investments. ‘08 hit and was blessed with, while low pay, a job that paid on time and was consistent. Wife and I lived in a garage and saved like crazy. Drove a car for $1000. Couponed like crazy. Saved like mad. It paid off and gave us a really good safety net of savings. Live as frugal as can be. As the old saying goes: “You are always potentially one paycheck away from being broke.”
@billyj.causeyvideoguy7361
13 күн бұрын
I was 17 in 2007. Ive never had a chance to save much less make investments. Every dime goes into food, rent, or what it takes to keep doing my job.
@afrikanheritage99
12 күн бұрын
I hate people putting themselves out in social media as role models. Like everyone else isn't trying enough. Narcissists makes me sick
@JoeBidenIsAClown
12 күн бұрын
@@afrikanheritage99 Almost as bad as someone with a self inflated ego who out of ignorance mistakes a person that’s just telling their story to share as a role model for being a role model.
@briannaspeezy4258
4 күн бұрын
Who else counted how many napkins he took. Lol…I love it.
You sound like me. I think about this all the time. I don't blame people for not wanting to work.
@Monoqor
Ай бұрын
Some people figure they might as well exploit the system that exploits them.
@CEA9234
Ай бұрын
Yeah. The state IL says I cannot use Google maps to navigate while driving my car minding my business. They scammed me out of $170. Then they want to charge $152 for 4 inch license plate sticker. Probably another 80 dollars for city sticker. OK but job wants to pay 16 dollars an hour. Hmmm. Guess yall forcing me to abuse your system then. Let's do business assholes
@AnnetteCurtain-tc4mh
22 күн бұрын
@@Monoqor big government isn't a good thing,its worked wonders for single mother's and that's the trajectory of government, too have more intrusive control as they inflate the currency.
@afrikanheritage99
12 күн бұрын
@@Monoqor😂😂😂😂
The companies will own homes and will house their employees. Lose the job you lose the crib.
@coryshea856
19 күн бұрын
That’s what Walmart did around the world
@insomnia9999
19 күн бұрын
Octavia butler mentioned this in parable of the sower. Great book. It should be considered as classic as 1984.
@ursaamajorr
18 күн бұрын
Yikes
@JoshJuniOffical
12 күн бұрын
I worked in tech for a seafood company and they provided me with a home, food and laundry service. They laid mostly everyone off and now I'm a digital nomad 😬
@insomnia9999
12 күн бұрын
@@JoshJuniOffical they took your home away immediately after the lay off? No buffer room to reset or anything?
The rat race is also caused by high taxation in western countries taking most of a person in the working and middle classes income from them throughout the course of their life. People forget the eye watering amount that is taken from them through taxation, throughout their life.
@user-sx3pc4dj3r
Ай бұрын
And yet they just print money out of thin air. So why even pay tax?
@VolleKwark
Ай бұрын
Taxation is the root of the problem. It´s legalized theft.
I ditched my smartphone and have a flip phone. No more ads pinging my way.
Its because we spent all of our stimulus checks on avocado toast and netflix. Or so the boomers say.
@Monoqor
Ай бұрын
A lot of them are out of touch forsure.
@MountyCrizto
22 күн бұрын
In reality most dont own land and farms theres no real jobs just a bunch of nothingness if one was growing their own food people would have something to do rather than service coffee 7 days everyday and slacking sugar all year
@Primatenate88
20 күн бұрын
Nah we spend it all on DoorDash and concerts let's be real. Either way the dollar value will half again in 20-30 years so what's the point of getting ahead? They want to fit us in little boxes so badly that you step out a single foot and your life is perma-fucked thinking it's your own fault and all that bullshit.
@architecture.w
20 күн бұрын
You design the world, and then your world designs you.
@sweatt4237
19 күн бұрын
No, it's because it was printed in the first place. This generation cannot grasp basic economic principles.
I don't want to cry but man 😢 this is my mindset every single day 💔
I am glad I left the job world , I be dammed if I work a job I hate until Im 70 that is agony
@turtleanton6539
25 күн бұрын
Indeed🎉
@Beemgod
24 күн бұрын
How do you survive
@Maxx-mw2zt
19 күн бұрын
Sounds good. There are other options.
@jaywalkercrew4446
19 күн бұрын
@@Maxx-mw2zt yeah just kidding
This is legitimately the best video I've seen in a really long time brother
@Monoqor
Ай бұрын
🤝🏾
@turtleanton6539
25 күн бұрын
I agree😮
Bro you had me at “scamdemic”. Based.
@buy.to.let.britain
21 күн бұрын
only the foolish fell for the propaganda.
As an Aussie. Everything you said is true here too. You’re bang on about everything mentioned.
@Monoqor
18 күн бұрын
💯
we need to get organized for real
I still use an MP3 player and I still buy CDs from time to time also I don't have a smartphone but I understand I am not the norm. As far as owning a home or land, we have never owned a home or land in the U.S.A. because if you don't pay the annual taxes they will take it away from you and you have to pay those taxes forever. Also, money is just an illusion that we have all agreed upon. If I have a garden and you have a million dollars but no food and you offer me money for my food but I say no then your money is worthless. So, fiat-currency, crypto-currency, and precious metals are only as valuable as what someone is will to exchange them for.
@renysimone3312
Ай бұрын
True all of that!👍✅💯
@Eucala
20 күн бұрын
This is so true!!
@stacy-annmorgan6685
17 күн бұрын
👏👏👏👏👏 It’s all a scam.
You’re dead on. I’ve had these luxuries as a GenX and you always think that things will stay the same or that there will always be opportunities but this is wrong thinking. You gotta make sure you maximize your resources and not overextend yourself in more ways than just money. Take care of your body it’s got to carry you through the years and your mind, stop doing drugs or alcohol this will erode your ability to make better decisions and save your money!
"You Own Nothing, Good Day Sir!" - Willy Wonka
@charronfamilyconnect
29 күн бұрын
Become financially literate. Save more than you spend, invest save invest, work your ass off, sacrifice now and reap reward with patience and discipline
You hit everything on the nail. It's crazy how things have changed so much within 3 years. My anger and frustration towards our current economic state is motivation to get out of the rat race. If you are a milinineal or Gen Z, understand you will NEVER be able to retired doing a 9-5. We need to figure out how to fund it with other endeavors. That's the only way considering how bad our cost of living crisis has become.
@Madriddick101
16 күн бұрын
We take political power and undo the crap the boomers did to us
I normally don't comment on channels but as a fellow creator myself I came across your vid. It's very well made and you have a very unique voice/perspective and your storytelling ability is great. Keep it up!
@Monoqor
Ай бұрын
Appreciate it bro 🤝🏾
Some people dont want to work. Most companies dont pay enough to make it worthwhile.
Finally someone who understands and speaks my language. In Denmark the transportation system is impeccable but yet gullible people still go for financed cars which outrageous taxes levied on top just to drive it in Denmark. I have no debt but still scared of the way things are going?.
Ironic how a system so critical of communism has turned out the same way
@thelostcosmonaut5555
Ай бұрын
It's corporate communism. A uniquely American system where the means or production have been seized by a select few companies who have also managed to take hold of the American government.
@timeoff8553
Ай бұрын
Both sides, same coin.
@vvsreupload5130
Ай бұрын
Exactly 💯 both controlled by 🇮🇱 the same @@timeoff8553
@meatandsatoshis
Ай бұрын
both sides of the same jewish coin
@missingno5088
Ай бұрын
Yup both just end up devolving into feudalism. Oh the irony!! Lol
100% real talk .
Fight club talked all about this...
@gothadaway
Ай бұрын
What's fight club? 👀
@nick000002
Ай бұрын
@@gothadawayThe first rule is not to talk about it
@tysondance7476
27 күн бұрын
Talk about what@@nick000002
@jaywalkercrew4446
24 күн бұрын
@@nick000002yes tiler durdan, 'the things you own, will end up owning you.'
@bodhixxx1
21 күн бұрын
you just broke the first 2 rules of Fight Club.....
You nailed it, brother. I’ve been unemployed for a few months, which has caused me to limit my spending to only the essentials. It’s actually pretty liberating when you realize how much you *dont* need. Spotify, prime, grubhub subscription 👎🏻. Now I pirate everything, eat healthier than ever, and feel an odd sense of freedom spending my time outside and in the moment.
This Blackman is very intelligent and articulate. He reminds me alot of Malcom X.
@jaywalkercrew4446
24 күн бұрын
What's the difference what colour he is, that's the shit we need to drop, I am white, fuck colours.
@Maxx-mw2zt
19 күн бұрын
Wth?
@afrikanheritage99
12 күн бұрын
In other words, you're saying most black men aren't intelligent? Only few impress you 😠 😡 GTFOH.
Glad I found the channel. Nice work.
@Monoqor
Ай бұрын
Welcome to the crew 🤝🏾
Well said my dude. You said what a lot of us are feeling. I just subscribed. I like your pacing of video and your B roll footage. It’s a lot less pushy than most content creators and feels more like hanging out than someone forcing something on me/us. Just a normal guy pondering the ways of the modern world and I like that. Keep the content coming and stay strong dude!
A lot of truth. A lot of facts. ✊🏽
I’m coming across more and more of these types of channels, and I’m glad. I’m glad more and more are talking about this! Keep up the great work 💯
Man, your videos are underrated. I feel your words 100%. Now that you know what is going on, you need to find a way out for you. Keep in mind that possibly things will get worse through AI. Movies like Hunger Games, snowpiercer etc. might become real in the future.
@Monoqor
Ай бұрын
Definitely man- things are changing, so just gotta find a way.
All the way from 🇿🇦 … there’s soo much truth in this , I guess we all need to adopt the concept of “ minimalism” … this consumerism is the death of us, the constant chase is destroying families
Appreciate you, Daon! Thank you for seeing the big picture, and even greater thanks for putting it into terms where it is easily accessible and relatable to most. You are walking in the truth, peace be with you brother!
@Monoqor
26 күн бұрын
Peace 💯
Excellent synopsis and good work into this video. We have no retirement BTW.
Great message, delivery and very cool artistic flair in the visuals and editing.
Somebody asked me what my dream job was. First off, why would I dream of sanctioned labor??
100percent, truth...
@Monoqor
Ай бұрын
💯
@turtleanton6539
25 күн бұрын
Realest video 😊
The algo link your video to my thread. I’m grateful. Would love to chat with you about all this. I’m an entrepreneur and feel/see everything you’re saying. I truly believe were are seeing the foundation of this society crumble and I believe it’s gonna get real serious soon. It’s so obvious to me what’s happening. You seem down to earth, authentic and real which is rare now days. Thanks Andrew
Very good video and analysis young man. 💯✅👍🏾
New subscriber! Great message & I definitely agree with everything you said. Love to encounter free thinkers like myself!👌🏾
@Monoqor
13 күн бұрын
Likewise. Appreciate you for stopping by.
Loving it! Thank you and keep creating content please
@Monoqor
26 күн бұрын
More on the way 🤝🏾
Rent a room in Cali, work every waking hour and save like crazy. Then go buy something in a small town or an undesirable state. You’ll own something, just not where you wanted to live
Good video my Man!
What a great video.. Was shocked to see you only have 5k subs keep it up!
@Monoqor
18 күн бұрын
Appreciate it man. It’s all in due time.
You did a great job summing up many of today's problems. Glad to see someone speaking sense. Personally, the way things are today has made it clear we need to be incredibly focused and intentional with our lives and goals. The economy has been weaponized against us, mostly because people have allowed themselves to be suckered into it. We must fight by overcoming the weaknesses within ourselves that are exploited.
New subscriber...Luv the video young brother. Keep up the good work. Looking forward to your future content! 👍🏾👍🏾
@Monoqor
13 күн бұрын
💯
Simply put, it’s not working anymore. Something has to change. But nothing will, at least in the foreseeable future
Cool videos bro. Great work
100% agree with your analysis. One of the reasons I'm actively focused on decreasing my cost of living and doing fewer things better.
My brother, you are a very intelligent and insightful soul, and you damn sure have a fine way with words. Thank you for sharing these true and powerful thoughts. I look forward to more. Respect.
@Monoqor
21 күн бұрын
Much love & respect man. Really means a lot.
Speaking some mad truth there. Thanks for the video. Keep up the truth, it will set us free.
This video came up in my recommended. I’m glad I watched it because not one lie was told
THANK U FOR THESE TYPE OF VIDEOS !! KEEP IT COMING . MY FIRST TIME WATCHING UR CHANNEL AND IM SUBSCRIBING ❤
@Monoqor
18 күн бұрын
Appreciate it ♥️
I work so much I don’t have time to make a KZread channel but you layed everything out perfectly that’s been going on for people like me that doesn’t have time to do the good work you’re doing but happy to see people are getting the message out.
This was so good I hit replay ✨✔️
Insightful. You’ve captured what’s plaguing us in our past, present and future and summarizes the bigger picture of what is truly occurring.
we gotta stick together
@latisewilson4561
27 күн бұрын
Absolutely !
I wholeheartedly agree with so many talking points you expressed. Well done sir.
@Monoqor
18 күн бұрын
Thank you 🙌🏾
Seems like with the allocation of resources. It is not the people don’t want to work. They want proper boundaries between themselves and work, but that is seen as non-negotiable with a company perhaps new policies will be put in place but that is a better way to have a worklife balance if you’re working so much that you can’t even, have time to do things in life you’re creating a system that is nonfunctional. Burning out, creates no rest and there’s no incentive and mentality mental health is not seen.
@AHundred-ec5yq
27 күн бұрын
Ceo like me dont care...work harder so i can buy a new buggatti
@David-bz1ou
27 күн бұрын
@@AHundred-ec5yq Okay buddy XD
@MrFrankEast
24 күн бұрын
@@AHundred-ec5yq If you are being sarcastic funny If you aren't when things get REALLY bad youll be the first turned to ground meat lol
ai took my job already and now it will start to take my hobby so that sucks. ai is going to make so many people that want to earn a living in a good way have to turn to scams.
@ohdarkness2
4 күн бұрын
How did Ai take your job. If you don’t mind.
@InvasionAnimation
4 күн бұрын
@@ohdarkness2 I was a graphic designer. Now it is taking my animation hobby and is marketing it as "helping" so it is what it is. I am still going to do animations the way I do them.
I always hated the whole "nobody wants to work" sentiment. Nobody wants to be exploited, do ultimately meaningless work for to little money for to many hours.
Thank u for the Word u put in this. Very great gems 🇸🇪 🇿🇦, much love broda ✊🏽
Because the money is over printed the money is real but also it's not real.
Brother, I love what you said. Marketing is making us spend money we don't have yet. Come to think of it, credit card companies used to do that to us generation x during our college years. They would come to campus to get college students to sign up for cards when we didn't have the money yet...Marketing in this country is manipulative I think they really want us to own nothing. People listen to this guy. Let's wake .... in no time, we will wish we did
Speaking truth to power brother. Thank you.
Great video man! So true
I had a job with a big pest control company. Your on call 24/7 if anyone of your customers see something you have 24 hours to get back there. Pay start good but goes down over the years if you do the small poor towns. Also if you go on vacation you will loss clients because the other coworkers will steal them. The worst thing all these companies track you using gps.
Why would you want to own anything that depreciates ? Why would you want to own a car that will be a 90% loss at the end of its life ? Why would you want to own and maintain a home, and pay 2-3 times the purchase price by the end of a 30 year term ? Seems like that line was taken and run with by people who don't really own anything now.
Great summary; that's why the long-term goal is and should always be passive income - let your money work for you.
My great grand parents went through the depression , no welfare , ssd , had ptsd , bodies destroyed from life time of hard manual labor and they ended up with bad off homes and millions , quitting is not an option , no one cares work harder , u don’t need a Bugatti , u don’t need a Gucci bag , not everybody can be a successful KZreadr , my advice is get into the trades , hard work , not sexy but I know electricians , carpenters, plumber making well over 200 k and have to say no to work , “ I’ve never seen a wild thing feel sorry for yourself , a little bird will fall frozen from a bough with never feeling sorry for itself “ DH Lawrence , Time to Man Up
Very well articulated, this must have taken ages to put together.
Thanks for the video. I would wager many share your same sentiments
I like your video style with the stationary angles
@Monoqor
26 күн бұрын
Preciate it man 🤝🏾
Thank you for sharing this message
Quite revealing insight 👏
Gratitude 🙏🏽 ❤ good video
Woo so much clarity
Great video 💯
Blackrock is a good place to start. Research private equity companies and what they're doing with global real estate. Start learning about marxism, not to become a marxist but to begin to understand what capitalism was and is, and why. Look at why the american empire is imperialist. America is run by who? What is the petrodollar?
Good video mate, spot on.
Best video I've seen in awhile
@Monoqor
28 күн бұрын
💯
Very thoughtful and we'll put together.
Good content 💯
Nice video, it got me questioning things. I don't have debt, no kids and I drive an old car, I hacked the system. I invest so at least I can use the system for me.
@turtleanton6539
25 күн бұрын
I dont even have a car😊
@DavidDavisDH
24 күн бұрын
@@turtleanton6539 believe me if I didn't have to drive to work, I probably would not own one either, it's just a game.
Good stuff man
my man great from serbia , you are pasion person rare to see
Dope writing
The pursuit of infinite growth by the companies and individuals is fucked. Everyone just needs to chill out!!! Sucks it’s so expensive just to exist….. great content!
@CHIEF_420
10 күн бұрын
🧂
Most people have nothing now all they have is debt and working to pay it off.work all your life to exist. Doing something you don't want to be doing.just to live it's not living.
VERY WISE WORDS 💯
Facts brother 💯
@Monoqor
29 күн бұрын
💯
Gen X here: been doing this for 30 + years
On point.
Right!!!!! This is so true. Pay your debts and get out of the system ya’ll.
Not sure how I got here but glad I’m not alone on this one Peace homie
@Monoqor
18 күн бұрын
No doubt 🤝🏾
Blame the rich 99% of world problems because of them
@leontaecoleman3644
27 күн бұрын
the rich just find ways to control us.