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re: Is Gen Z etc totally out of touch about salaries?

Posted on 5/22/22 at 12:24 pm to
Posted by 777Tiger
Member since Mar 2011
73856 posts
Posted on 5/22/22 at 12:24 pm to
quote:

And they can't afford to contribute to a 401k or buy the stock options.



another flawed viewpoint from these young dumbasses, at the beginning of your career you can't afford not to do those things, you start that discipline at the onset and get to your 50s and will be shocked at how much wealth you've accumulated, but no, got to have ...fill in the blanks ...now! young idiots don't no what "necessessities" really are
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
25455 posts
Posted on 5/22/22 at 12:26 pm to
quote:

another flawed viewpoint from these young dumbasses, at the beginning of your career you can't afford not to do those things


When you make $30k/year, you literally can't afford it.

If you drive a jolopy and live in the ghetto, you are still living paycheck to paycheck at best.
Posted by Jcorye1
Tom Brady = GoAT
Member since Dec 2007
71547 posts
Posted on 5/22/22 at 12:27 pm to
I don't want to hear this shite. When I took my first job out of college, I had to go back to working in the fast food industry on top of my job just to live. Yes some of these kids are unrealistic, but people should be able to buy housing on their second promotion.
Posted by Jsand43
Member since May 2021
882 posts
Posted on 5/22/22 at 12:28 pm to
You sound like an older person probably in their 50s or 60s. Things are not the same as they were back in your day. You can't get established in a particular field when the starting pay is so low that you can't even afford a place to live and a car.
This post was edited on 5/22/22 at 12:29 pm
Posted by Korkstand
Member since Nov 2003
28730 posts
Posted on 5/22/22 at 12:34 pm to
quote:

quote:

And they can't afford to contribute to a 401k or buy the stock options.
another flawed viewpoint from these young dumbasses, at the beginning of your career you can't afford not to do those things, you start that discipline at the onset and get to your 50s and will be shocked at how much wealth you've accumulated, but no, got to have ...fill in the blanks ...now! young idiots don't no what "necessessities" really are
It costs more than $30k to provide slop for food and a single room for an inmate.

Maybe they are more disciplined than you realize for working the market rather than settle for poverty.
Posted by St Augustine
The Pauper of the Surf
Member since Mar 2006
64424 posts
Posted on 5/22/22 at 1:32 pm to
quote:

another flawed viewpoint from these young dumbasses, at the beginning of your career you can't afford not to do those things, you start that discipline at the onset and get to your 50s and will be shocked at how much wealth you've accumulated, but no, got to have ...fill in the blanks ...now! young idiots don't no what "necessessities" really are


I don’t know man. I’m usually in 100 percent agreement with this mindset. I paid off 93k in student loans in 2.5 years in 08-10.

31k before taxes isn’t doing a whole hell of a lot with what even basic shite is costing these days.

I see what our entry level employees are making and don’t even get how they’re paying these insane rates foe rent, much less the rest of their expenses. I’m not in some hip big city area either.
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