7 Insane Ways Americans Waste Money | The Financial Diet

7 Insane Ways Americans Waste Money | The Financial Diet


Hey, guys. It’s Chelsea from
The Financial Diet, and this week’s video
was brought to you by Credit Repair. And today, we are going to
talk about how Americans specifically tend to waste our
money in very strange and kind of insane ways. We actually have a very
popular opinion essay on TFD about this very topic. And I spoke to the author
before I made this video, and she is, of course,
OK with us sharing it, but also with us exploring the
topic in an even deeper way. Because when it comes to
cultural spending, some of it is a matter of opinion and
perspective, but some of it also is a statistical reality
when we compare ourselves to the rest of the world. So I wanted to look into some
of these truly American spending phenomena. As Americans, we tend to
use credit more than most other nations, and
while some of that comes from systemic
issues that can push us to using credit card debt, such
as our lack of universal health care, a lot of it does
come from spending choices that we do not need to make. As a culture, we have a tendency
to live beyond our means, and to consume as
a default option. As many of you guys
know, I lived out of the country for about
four years, and in that time, I felt like almost every
spending habit and aspiration that I grew up with in America
was called into question. And not every American
spends in a wasteful way, and not all of these habits
are uniquely American, but often, we’re guilty
of at least one or two, and when it comes
to these phenomena, we are often leading
the charge as a culture. And my goal in pointing
out these habits is not to shame
anyone, especially because some of
these things tend to be a little bit
out of our control, but rather to point out to
us how much they are not normal on a global
scale, and not something that we have to opt
into in many cases. We can all be smarter
about the way we spend, be more conscientious
about noticing waste, and live a more financially and
environmentally balanced life. So let’s get right into it with
seven insane ways Americans waste money. Number one is eating
way too much meat. So too much meat consumption,
particularly red meat, isn’t just bad for our health,
although it is very much that. A recent National
Institutes of Health-AARP study of more than a half
million older Americans concluded that people
who eat the most read meat and processed meat
over a 10-year period were likely to die sooner than
those who eat smaller amounts. Those who ate about 4
ounces of red meat a day were more likely to die
of cancer or heart disease than those who ate the least,
about a half ounce a day. But it’s also bad
for us financially. Meat, especially meat
of the higher quality we should be opting
for whenever possible, tends to be the most expensive
items in our grocery basket. And the cost of eating meat on
a daily or multi-daily basis is even less justifiable
when you consider that there are many less
expensive sources of protein that we could all be opting
for at least once a day. And we’ll link you guys to
some more affordable protein alternatives in the description. But yet, despite the
financial and medical costs of eating so much meat,
Americans simply love it. In a list of countries that
the Organization for Economic Cooperation and
Development has data for, the US is ranked number two in
the world for meat consumption. And despite increasingly being
aware of the potential health risks, America’s meat obsession
seems to only be growing. When it comes to
cultural habits that are relatively easy to swap
out and can save us a ton, not just in our wallets,
but in our health, meat is one of the
most obvious choices. Eat less of it. Number two is fast
fashion obsession. So like it or not, Americans
simply love fast fashion. And it’s not that Americans
have always been this way, as we tend to be with
other consumer habits. This is something that’s changed
pretty rapidly over time. In 1930, the average American
woman owned nine outfits, and today, that
figure is 30 outfits, one for every single
day of the month. And it’s not just explicitly
fast fashion retailers who are selling these
kinds of products anymore. More traditionally,
slow retailers, like department stores, have had
to totally change their supply chains, as well as their
stocking strategies, to keep up with Americans’
demand for constantly turning over fashion. According to one
article, “the stakes are high to make
fast fashion work. A rapidly changing
assortment of trendy clothes helps drive
customers into stores and potentially stave off the
encroachment of Amazon.com.” And this phenomenon is not
just driving how we dress. It’s also driving
how we store things and how much stuff we need
to store, which is creating its own sub-phenomenon. “The Self Storage
Association reports that Americans spend
$24 billion each year to store their stuff in
2.3 billion square feet of these units,
an industry which has proven to be the
fastest growing segment of the commercial real estate
industry over the past four decades. The Wall Street Journal
calls the industry ‘recession resistant’.” we are
accumulating clothes that we simply don’t need at a rate
that is simply historically unprecedented, and changing
the face of American retail in the process. And while it may not be
feasible to totally opt out of fast fashion, we can
at least be more conscious about how many
items we own and how that pushes us to drive down
the cost of individual items. Number three is things
we don’t or can’t use. So when it comes
to spending habits, Americans often have eyes that
are bigger than our stomachs. And I don’t just mean
about all of the meat that we’re eating, although
that is also a thing. We often sign up
for things that seem on the surface like
a good deal, but when broken down into cost per
use, often tend not to be. And there are many
spending areas from the cheap to the
life-changingly expensive where we’re making these
spending decisions. One example is gym
memberships, which tend to run Americans
about $696 a year on average, which wouldn’t be
such a shocking number if gyms did not report that they
typically expect about 18% of their clients to use their
membership consistently. Another strikingly American
phenomenon in the genre is timeshares. Timeshares are essentially when
you buy a partial ownership in a property that
allows you to use that property for a
certain period of the year. As the name implies, you share
it with many other people. And this is an extremely
American concept which provides essentially all
of the downsides of property ownership with none
of the upsides. Like a car, they depreciate
enormously essentially the second you buy them, many
times up to 50% after signing. They must be paid
for whether you can afford to take a
vacation that year or not. And despite their
enormous downsides, with 85% of timeshare
owners expressing regret over their purchase,
they continue to be a very popular phenomenon
in America, about $10 billion in sales per year, because of
incredibly aggressive, and even predatory sales tactics. The average cost of a
timeshare is around $20,000, with annual maintenance
costs of around $660. And if you’re
asking yourself, why would anyone buy a timeshare? I recommend you watch the
documentary, The Queen of Versailles, which gives
you an inside look at just how scammy and scuzzy the sales
tactics of these things are. Another eyes bigger
than our stomachs situation are those nifty
subscription boxes, which I myself have fallen prey to. It’s one of those things where
a $10 a month or whatever subscription can seem like
a great deal on the surface, until you break it out into
what it actually gets you and what you would otherwise
be spending on those items. “While a subscription
box usually costs less than buying all
the items in it separately, there’s a good
chance you wouldn’t buy all those items if they
didn’t come in your box. For instance, a $29 a
month Bark Box subscription works out to $350 a year. Chances are that’s a lot
more than you would normally spend for dog toys and treats. And over the long-term,
it could add significantly to the cost of owning a dog.” But when it comes to these
things we buy and don’t really get our money’s worth
on, perhaps no example is bigger or more
American than college. “According to the College
Board, the average cost of tuition and fees for the
2017 to 2018 school year was $34,740 at private
colleges, $9,970 for state residents
at public colleges, and $25,620 for
out-of-state residents attending public universities.” And these numbers are
shocking on their own terms, but even more insane
when you consider just how deceptive the value
of a college degree can be. Multiple colleges,
even law schools, have faced class action
lawsuits from alumni who felt completely
misled by the statistics their school gave out around
employment after graduation. Un and underemployment
rates amongst college grads are at the highest
they’ve ever been. And even 10 years
after graduation, one in five college
students is still not working a degree-demanding job. The point of all
of these things? Decide what you actually need,
what will be worth your money, and be honest with yourself. Number four is huge houses. Now, this is something that
we’ve touched on before on TFD, but it bears repeating
because it is not only such an enormously
American phenomenon, it’s also one that’s
really destructive, both financially, and
even for mental health. The average single
unit family home built in the ’60s or before
was under 1,500 square feet. But by 2016, the median size
for a single family home had almost doubled to just
under 2,500 square feet. In comparison, the average
home sold in England at that same period of time
was under half the size. And as of 2012, four
in 10 family homes were built with four or more
bedrooms, which is hilarious when you consider that the
average size of a family is rapidly shrinking over
that same period of time. Right now, it’s evening out
to about 1,000 square feet per person on average per home. And when you make
the home bigger, it’s not just the home
itself that goes up in size, and therefore, cost,
it’s also everything it takes to heat, chill,
light, and generally keep that house running, as
well as any garden or yard you might have along with it. And studies have shown that the
increasing space between homes, space between neighborhoods,
and even space between you and the other
people in your home leads to increased social
isolation and anxiety among Americans
in suburban areas. We are essentially
paying much more to get farther and farther
away from each other. And while a lot of this has
increased over time in America, the same can’t be said
for many other countries. The dream of owning
a single family home that could comfortably
fit a baseball team is still pretty American. Number five is keeping
things ice cold. Now, I will fully
admit that I am very guilty about loving ice cubes. I love to fill a glass entirely
to the brim with ice cubes before putting my drink in it. And it was like the
number one thing that pissed me off
living in France, was how you would
order a Coke, and get like a literal single
ice cube in your Coke that would immediately
melt. I get it. I’m guilty. But on a national
scale, whether we’re talking about ourselves
physically or the things that we’re eating,
Americans love shit to be really, really cold. And that costs us
enormously, both financially and environmentally. About 3/4 of American
homes use air conditioning, and nationally, air
conditioners represent 6% of our overall electricity
consumption, which is about $29 billion a year to homeowners. And when we look at our
numbers at the global scale, it’s pretty damn shocking. “A nation with 318 million
people accounting for just 4.5% of world population
consumes more energy for air conditioning than the
rest of the world combined. It uses more
electricity for cooling than Africa, population 1.1
billion, uses for everything.” And US air conditioning
releases about 100 million tons of carbon dioxide into
the atmosphere every year. But it’s not just our obsession
with physically staying cool. The stuff we eat needs
to be very cool too. One huge phenomenon
is our constant demand for out-of-season
fruits and vegetables. We’ve become accustomed to
expecting all produce at all times of year, which
demands an enormous supply chain of national and even
international refrigerated delivery. We should feel as a
nation a lot weirder than we do about biting
into a fresh, juicy peach in the middle of
February in Boston. And it’s not just
out-of-season foods. We also refrigerate basic daily
staples, like milk and eggs, which other countries
do not refrigerate because our pasteurization
processes are different. If you’ve ever been to
Europe, for example, and noticed that their
eggs and milk are kept on just regular
shelves instead of a refrigerated
section, that’s why. We also just generally have
really big-ass refrigerators, about 17.5 cubic feet
on average, which is, you guessed it, the
biggest in the world. And here’s the best part,
although we ostensibly have these huge-ass
refrigerators to keep perishable
foods good for longer, we actually don’t shop less
frequently than countries with smaller refrigerators. If you’re looking for another
easy area in your life to make a mental switch that
could mean enormous differences financially and
environmentally, not being obsessed with everything
being freezing fucking cold is a good place to start. Number six is not cooking. On average, Americans eat a
commercially prepared meal about 18.2 times a month, or
more than once every other day. In dollar terms, that
translates to an average of $232 spent eating outside
the home every single month. As the years pass, fewer
and fewer Americans are being taught really good,
sustainable cooking practices in the home. But it’s not just eating out. Americans also eat an enormous
amount of prepackaged foods. We actually eat 31%
more packaged food than we do fresh food,
and we consume more packaged food per person than
nearly every other country. We bang the drum
all the time on TFD about how important
it is to learn to cook for yourself using
basic, inexpensive ingredients. And it’s not just because
I personally love to cook, although that’s
a big part of it. It’s also because it’s such
a huge, huge part of how we spend. For the average
person, food and dining is the second biggest
budget category every month after living costs,
like rent or mortgage. Learning to cook and
starting with more basic essential ingredients that
almost always cost less than prepared or packaged
foods is a huge game changer for how we spend overall. Setting a goal to reduce the
number of times we eat out or order in per
month by half can be the difference of
thousands of dollars a year for the average American. And number seven is
always needing new things. About 60% of young people 18 to
35 globally have a smartphone, and in America, that
number rises to about 90%. And these increasing
numbers are based on an increasingly
unsustainable throwaway culture. Almost 80% of phone sales
correspond to people replacing their phones, even
though their phones are still in good working order,
according to Greenpeace. And if you’ve ever suspected
that a manufacturer might be actively slowing
down or messing up your phone to convince you to
get a new one, you are right. You are totally right. And in fact, Apple has
faced several lawsuits about this exact phenomenon. But it’s not just phones. When it comes to
cars, “motorists who buy a brand
new car typically keep it for about
six years, which is up from about
four years in 2006.” And yes, that is
definitely an improvement, but it’s still
hugely wasteful when you consider that
most new cars are designed to run for well over
10 years or 200,000 miles. “New cars also have
the newest technology, which comes with a price. Built-in Bluetooth, a
standard feature in new cars, was much less
common 10 years ago. The average price of all new
vehicles is about $35,000, and that expense contributes
to the overall debt load of the average American. Americans owe
about $1.2 trillion in outstanding auto debt.” But it’s not just
phones or cars. Americans tend to throw
everything away now. And because of this, the entire
appliance repair industry has been vanishing. The number of appliance
repair workers are down from an all-time high
of 180,000 to just over 30,000 in 2016. Culturally, we have become about
what is bigger, shinier, newer, better, quicker, and cooler. But all is not lost. So many of these instincts
are easy to fight at the individual level when we
remember that they’re just not normal when it comes
to the global scale. And some of these things can be
difficult to avoid in practice, or they may already be decisions
that you’ve made in a big way, but we can all
challenge ourselves to be more conscious
and thoughtful about our individual
spending cues. We can be critical about where
our consumer desires are coming from, and get over
this assumption that bigger or colder
is always better. But if you’ve already
gotten yourself in serious trouble
with spending and need help repairing
your credit score, a great option to
checkout is Credit Repair. Basically, creditrepair.com
is your own personal mentor for repairing, building,
and maintaining your credit. They help you build
a customized strategy for improving your score,
work directly with the credit bureaus to dispute any
dings on your report, and teach you how to
understand both your own score, and the rating system. If you feel like you’re
struggling to build or rebuild good credit and want someone
to guide and advocate for you the whole way, check
out creditrepair.com at the link in our
description to learn more. As always, guys, thank
you for watching, and don’t forget to hit
the Subscribe button, and to come back every
Tuesday and Thursday for new and awesome videos. Bye. [MUSIC PLAYING]

100 thoughts on “7 Insane Ways Americans Waste Money | The Financial Diet

  1. Milk is refrigerated in Europe too unless its processed 😆But eggs are not refrigerated in stores but I think most people, at least in northern Europe keep them in the fridge at home

  2. I was enjoying this informative video until you began liberally inserting obscenities into your speech. Perhaps you should take a break and cool down (without A/C of course) every once in a while so that your language can stay cool, too. I had to turn the video off early. Your next video could be about the American cursing habit that is polluting our conversation. Thanks for listening.

  3. I Like Her. She Said The Word Fuck. I Live Alone And Have 3 Refrigerators Full Of Nice Crap. I Never Go Anywhere And Have 11 Cars.

  4. All these is true. I used to do most of all these if not all and I was earning very good money and broke. Now I earn a lot less and I don't do these things often and I have been able to save a lot and use my money wisely never broke and feel so much better.

  5. I've only ever been able to have a storage unit when I'm moving – for the month between or during the summer when I wasn't in a dorm. I don't like not being able to see and reach my stuff 24/7 – and storage units have time frames and require me to leave my house to go to.

  6. Your welcome for your coke with one ice cube. I hope you are greatful for it.
    You got a lot more coke for the same money!
    You forget one thing about big houses, you need an awful lot of time to clean it.

  7. Uh, maybe those 20 or so pillows on the couch behind you could be included in what we as Americans don't need but will pile up on beds, couches, yeah. (guilty)

  8. Bigger houses??! Come to NYC you can literally hear your neighbor sneeze among other things. But yeah Ive stoped buyin anythin that I dont 100% need.

  9. With the time shares: we may not necessarily be more economical , it could just be illegal. That's the case in Germany as far as I know.

  10. 35k for a brand new vehicle, payable in 7 yrs. after the 7th yr you decide to get another one and sell your old for how much, let's say 6 to 8k? you just lost 20k plus for those 7 yrs.

  11. This is incredibly insightful and thanks for backing up with believable statistics. Although this video is relevant to the US, I live in Australia and I feel that you could apply the trends – if not the absolute statistics – to a lot of other western countries in 2019 and beyond…

  12. You are talking, perceived quality of life. My and my familie's quality of life is "not bad" but we are not willing to cut the quality of the afore mentioned quality. So we will endure some discomfort for the greater average and try to limit the grossly negligent indulgances.

  13. You bring up some excellent points. When I began working as a teacher and living on my own, most of my frugality was based on necessity. During my career I lived beneath my means, saving a lot of money, and not getting sucked into the kind of spending that other people did. I managed to buy a home during that time and I also retired at the age of 56; I'm now in my 16th year of retirement!

    Great ideas. Younger people need to delay gratification if they want to grow up debt-free and retire at a decent age.

  14. Seriously? Attacking refrigeration? Attacking ICE??? You must not live in Texas. It's going to be hot here until the week before Halloween. The people in other countries tend to go "marketing" for fresh food more often than we do. It's a different way of life over there. We love our ice because then we don't have to have the air conditioner turned down as low as we do without it. Lower a/c bills are bigger savings than getting a 3 cubic foot refrigerator. I agree these huge things with wi if enabled cameras are not necessary, but in TEXAS IT'S HOT HERE. Food storage and keeping milk cold is important. Some of us are brought up this way, and adopting this "leave food out" would make us sick. Not a luxury.

  15. When I was living in Israel I ate meat maybe once a week, and it was easy to do. Meat is very expensive there, so I just didn’t buy it. The main meat I ate was my weekly shawarma pita. Also my tuition and fees at university was $10,000 for a masters degree and my rent was 1500nis a month before bills and taxes.

  16. I went to a Time Share presentation and they tried to convince me that Time Shares are how Europeans do vacation or “holiday”!

  17. I find it so strange that you want to pay for a glass full of frozen water cubes, rather than get the beverage. When in the states I have said “no ice please” . I’m Australian. I enjoy your programme.

  18. Sew clothes instead of buying new ones if they rip! $1 sewing kit has saved a few pairs of pants and shirts, and it's easy 🙂

  19. She lost me with her foul mouth, it also makes her sound very pious and holier-than-thou. And now ….. the dislike button…

  20. Vegetarian, Capsule wardrobe, Never used a timeshare, Trade school grad, One bedroom condominium owner, Eats fresh(er) food regularly that I cook for myself at least 4 times a week, Still rocking my iPhone 6s – fully paid off, American woman here 🙋🏽‍♀️

  21. I think it isn't a good thing to promote not going to college and getting even less educated… in a country with a shitty high school education

  22. The people buying a brand new washer AND dryer because one of the two is broken, and they feel like they have to match.

  23. As a recent college graduate, I can confidently say that I should have waited to go to college. I truly believe colleges are scamming kids, when I graduated high school I was told that if I didn’t go to college I would be a failure and I even looked at my classmates who didn’t go to college as lazy losers. So I went to a big ten university with no idea what I wanted to do. It wasn’t until my senior year of college that I realized what I really wanted to do and my current degree wouldn’t help me. If I could give advice to any one in high school it would “if you don’t know what you want to do, don’t go to a big university it’s a waste of money.”

  24. This is the second “I been to Yurp and they don’t use air conditioners, durr durr” video I’ve seen on YT. A few years ago, after a blistering summer, Italy sold out of air conditioners.

  25. I totally agree but must laugh while she is sitting on a couch with about 10 cushions – for me as a middle aged middle european are there way too many 🙂

  26. Very nice, well-produced video, but please consider that you greatly undermine its level of professionalism and credibility by swearing.

  27. You lose all credibility for me when you talk like trash 🗑, You can get your point across without the shrew like attitude and obscene laced language.

  28. What about people hoarding their consumption to the point of paying for additional storage to house all those rarely used toys? Huge waste of time and money.

  29. My house is 3,500 square feet. I have a jacuzzi, grand piano, game room, gym, recreation room, fireplaces, cinema, a pool inThe yard, an upper sun deck, large patio with a gas bbq, and floral grounds. You can bet we love our home, and as such do not find the need to go out so much, so it saves us money in the long run. If it were a small home, we would not have so much stuff to do at home, and places to hold our ping pong table, or fuzeball table, etc. I am sure no one would want a small home where they stay home to save money, and sit there in 1200sf staring at each other for days on end. Also, we have a sewing table, a microscope table, and a 2 car garage where i do all the maintenance on the cars. I have a mechanic corner where i have an awesome tool collection, and i buy cases of oil, etc. when it is on sale, and it is good having a place to keep it. Ooh yea, i am also a prepper, and have 2 years worth of food and a lifetime of supplies stored that will last the five of us.

  30. I don’t get the huge house thing. I grew up in a 1600 square foot home with a family of five. Now as an adult, my husband and I and our two boys live in a 1300 square foot house and it works perfectly for us. It’s small, but we both prefer a smaller house with less maintenance AND cost.

  31. Sadly, the UK is rapidly going the same way as the USA re wasting money and resources… Thankfully the more people who subscribe to sites like yours will hopefully start the tide of change!

  32. You make valid points and I like the information. You are intelligent but use language use by sailors at the state docks. I find it very offensive Maybe you could use some different adjectives to express yourself.

  33. My Yukon is 15 Yrs old since I work out of my house & my husband's truck is 20 yrs old since he's a truck driver & just parks it's at work for a few days at a time. I too buy food by planning my meals which saves a lot of money.

  34. My boyfriend has an old car and wanted Bluetooth in it… guess what we did instead of buying a whole new car ? Got a radio with bluetooth for about 100 bucks and figured out how to hook it up and wire it in!

    Fun date night idea. 😛

  35. Interesting to learn about American's habits. BUT 1 thing I feel is really misleading is the point about European's fridge habits. People DO store their milk and usually also eggs in their fridge at 4 degrees Celsius. Eggs get bad a lot faster in room temperature, but milk is actually dangerous to keep in room temperature for several hours! The only person I knew who did not use a fridge growing up was my grandma, because that was in the 1920's, and they did not have a fridge. But they had cows and milked them twice a day to have milk. I'm Norwegian, and have traveled a lot in Europe.

  36. Millennials spend $ before they have it. They get sold crap marketed towards them. I know this very well once I got my first full-time job because I spent every paycheck before I got it once I successfully started building up credit, but credit is useless when it's not interest free. You can't tack on multiple payments to your monthly bill & have $ left over to save or buy the things you need. Most millennials live with others & aren't independent, but they successfully learn the value of paying for rent & utilities. The failure is the ability to get rich or wealthy by investing savings because there isn't any to save, & it's designed that way. Let's say you saved every paycheck you had for a year, which make you have your full net income, but once you invest that $ in a bank savings the interest is $400 a month. That's a week's pay for a month of interest. Let that sink in for a bit… Reality is a joke at this point~

  37. 1. Health Insurance! I'm a Brit, currently living in South Korea. In the UK I've never had health insurance. It's not really a thing in the UK. If you get ill or hurt the government just pays for your healthcare. In Korea I pay around $70 for full coverage every month. Enjoy

  38. I'm single and live alone. I've tried cooking for myself, learning how to prepare meals so I don't waste food, freeze extra portions for other meals, etc. But it takes a lot of planning and thought and time in the kitchen. So in the end, I've pretty much given up. I still find myself wasting food and therefore, wasting money. Plus the investment of my time and effort isn't worth it to me.

  39. "Damn" "Big ass" "Shit" This is journalism? One of the keys to enlarging the footprint of the audience you reach is to know how to navigate through the expedient by way of the diplomatic. Your college training was obviously over rated . I was waiting for the "F" bombs to drop but since you lost me at about 11:50 they probably would have yet. Check the mail ; your college refund may be arriving soon.

  40. Well, honey, on the meat issue….
    Its MY money. If I enjoy a good steak, it's really none of your business. The Great I Am, the God of the universe and all of creation, gave us meat to eat and to be thankful for it. And I just had a freezerful delivered. Yum. 🥩🥓🍗🍖 in my 22.5 cubic foot refrigerator freezer.
    Our spending habits are nobody's business. Mind your own business.
    And I own my home on 2 acres.
    Who are you, AOC's twin?
    Sounds like you just plain hate America. I can't help but notice, no accent. If you claim to be an American, you're just a socialist. Communist. Go live your frugal non existence in N. Korea and take your filthy mouth with you.

  41. Pay for bottled water instead use tap water, especially premium water. Waste money for unhealthy candys on a daily basis, with costs of a meal. Pay for starbucks coffe, paying for brandname instead of paying for quality goods. Have a pet. This list can be expanded to 50 points. Best advise; use common sense.

  42. Ya lost me at our "lack of universal health care." you obviously have no idea about Healthcare. We spend money here because we are a FREE Capitalistic Democratic Republic, & if people want to waste their money they are free to do so. I may not like the way some spend it, but I also do NOT want a government telling me how to spend it either. & when they government controls your health care, they control YOU.

  43. Like it or not, it was more economical when women stayed at home and did all the labor and penny pinching this takes. Working women are going to spend money on having others do all of this for them.

  44. OMG, yeah Americans are obsessed with air-condition. I hated that when I was there, had suffered cold a lot because I am not used to such huge temperature fluctuations and my body cannot deal with going from summer to Siberia. And I do not carry around winter jacket/sweater in summer.

  45. countries that have universal healthcare tax their middle class at 40% and have 25% VAT on most purchases, so that's why Americans spend more than people in other nations.

  46. Too bad my Jeep is a 2003 model, has 154 thousand miles on it. We keep the maintenance up to date and address any repair issues quickly. We figure since we no longer drive 5000 miles a year this 16 year old car will last us at least another 4 to 5 years and perhaps even longer. We have agreed to use this car till it completely dies and can no longer be repaired and must go to the junk yard. At the rate it's going I'm beginning to think this Jeep will Outlast either one of us. We live in a one thousand square foot home with all energy star appliances, double pane windows, new roof and energy saving siding and added insulation. Our heating bills are less than $100 a month during the middle of winter we installed a 98% energy efficient natural gas system in 2010. We keep this maintained each year. Yet we do this for our comfort and cost…. Because The Earth will be fine….. It's the people that are fu€ked. We're going away folks… https://youtu.be/7W33HRc1A6c
    George Carlin

  47. Gosh my husband eats way too much red meat and I was always told to only have read meat once a week cuz too much of a good thing can always turn bad

  48. 0:48 I'm cool with universal healthcare if EVERYONE contributes to the cost of it, but some adults are just too lazy to work, and therefore will get free healthcare without paying a dime towards it. Don't take my hard earned dollars and give them to someone who is too lazy to work.

  49. The average Milk in Europe is not unrefrigerated! It's a specially treated kind of milk that most people don't like or even refuse to drink!

  50. Just a quick comment off the Watchdog for Bullshite-o-Meter—
    Your WebMD blurb is scientific balderdash. Absolute poppycock. Nutritional poo-poo-cockah.
    Meat, including red meat and SATURATED FAT (*gasp!!*) is NOT unhealthy for you, provided it is grass-fed, grass-finished, organic meat. It’s just. Not. True. This has been ESTABLISHED SCIENTIFICALLY over the last two decades. In fact beef is some of the healthiest stuff out there, full stop. It’s because we want our beef cheaply, loaded with antibiotics and raised on crap GMO-corn —— THAT’s the problem. And we load it on high-carb buns (read: death on a plate) and mayo made with highly processed vegetable oil (ditto) and other sugary shit like friend potato sticks ….THAT’s the problem. SUGAR in the form of high-glycemic carbohydrate is killing us.
    The anti-meat lobby has to stop with this misinformation campaign. Because animals needs GOOD ANIMAL HUSBANDRY, and humane conditions, and good slaughtering practices that care for the animal’s welfare, not just the bottom line. And people who eat meat? Are the ones that are going to demand this. Not the ‘meat is bad’ bullshitters, or the self-righteous vegan lobby. 🙄

  51. My biggest financial mistake was not being born into a rich family. My other financial mistake was not marrying into money.

  52. The thing that confused me the most as a Canadian is that most Americans use their credit cards the same way we use debit cards. I feel like I reduce a large amount of my issues not using my credit card for any purchases aside from gas, large grocery trips and online purchases.

  53. I <3 changing the belts and rollers on my vacuum cleaner as necessary. I once kept a 9 year old, $25 vacuum out of a landfill for 9 years by simply repairing it myself instead of tossing and replacing it. It was a series of acts of pride to fix it myself. Now I've done the same with a nicer vacuum that I've had for 4 years. Americans are quick to dispose of things at the first inconvenience. It's such a bummer

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