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Message
Poli board Poll: Are you better off than your dad was?
Posted on 7/9/17 at 12:30 pm
Posted on 7/9/17 at 12:30 pm
Growing up in the 50s every parent wanted their children to be 'better off' than they were. That's why they made financial sacrifices for their kids.
And, every generation seemed to be better off. I'm not sure if that's true today.
So... At your current age how do you stack up financially compared to your dad when he was the same age?
a. not as well off
b. about the same
c. better off
And, every generation seemed to be better off. I'm not sure if that's true today.
So... At your current age how do you stack up financially compared to your dad when he was the same age?
a. not as well off
b. about the same
c. better off
64
Posted on 7/9/17 at 12:31 pm to Zach
quote:
b. about the same
Posted on 7/9/17 at 12:33 pm to Zach
d. Lucky enough to jump the ladder more than a few rungs.
Put it this way, I have already taken my parents on more vacations around the world then they took me when I was a child.
Early 40s. Started lower middle class, now we are living like Weezy Jefferson baby!
Put it this way, I have already taken my parents on more vacations around the world then they took me when I was a child.
Early 40s. Started lower middle class, now we are living like Weezy Jefferson baby!
Posted on 7/9/17 at 12:34 pm to Zach
financially = b
life wise as a whole not even close.
life wise as a whole not even close.
Posted on 7/9/17 at 12:38 pm to Zach
quote:
c. better off
I remarried well
Education is the key, like always
Posted on 7/9/17 at 12:40 pm to Zach
quote:
b. about the same
Posted on 7/9/17 at 12:41 pm to Zach
About the same. My dad had his own construction company when I was a kid and he made a lot of money but didn't manage it correctly and ultimately lost his business. He has always made good money though 80k-100k a year sometimes more sometimes less. I make about 80-100k a year so is say we are the same.
Posted on 7/9/17 at 12:42 pm to Zach
quote:
c. better off
This post was edited on 7/9/17 at 12:43 pm
Posted on 7/9/17 at 12:42 pm to Zach
Hard to gauge. I currently hold significant student loan debt from law school, so if you're going by net worth, I'm substantially worse off. However, my future earning potential is higher and my current quality of life is better.
This post was edited on 7/9/17 at 12:47 pm
Posted on 7/9/17 at 12:44 pm to Zach
A. 34 years old
Posted on 7/9/17 at 12:45 pm to Zach
b
Posted on 7/9/17 at 12:45 pm to Zach
No
Posted on 7/9/17 at 12:49 pm to Zach
c. Not by a staggering margain, but my retirement will be at a much higher level.
Posted on 7/9/17 at 12:49 pm to Zach
I am 37 and clearly better off. I left the farm an got an engineering degree.
Posted on 7/9/17 at 12:50 pm to Zach
Better off, especially if you factor in that he had received quite a bit of inheritance by this time and I haven't received much except college money and some minor help with my first 2 condos.
With that said, I feel like my financial situation is far more tenuous than his was and I am working on a legit rainy day fund now to make up for that.
With that said, I feel like my financial situation is far more tenuous than his was and I am working on a legit rainy day fund now to make up for that.
This post was edited on 7/9/17 at 12:53 pm
Posted on 7/9/17 at 12:50 pm to Zach
c. better off at 61 y/o.
Posted on 7/9/17 at 12:54 pm to Zach
c.
Posted on 7/9/17 at 1:01 pm to Zach
C by several mulitples
Posted on 7/9/17 at 1:02 pm to Zach
Better than my dad.
My mother is wealthy so not even close
My mother is wealthy so not even close
Posted on 7/9/17 at 1:03 pm to Zach
FIFY
quote:
Poli Board are you better off dead?
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