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re: Millennial baws, how you hanging on?

Posted on 12/21/23 at 9:25 am to
Posted by Bison
Truth or Consequences
Member since Dec 2016
1237 posts
Posted on 12/21/23 at 9:25 am to
Inflation is fricked for a single guy like me: I can barely afford to be single. The entire system is set up for Married couples I think.

Per month
Car insurance: $250 ( never caused an accident 15 years of driving)

Cell phone: $110 iPhone 14 , which I used constantly for work

1 bedroom condo( rent) : $1200+ , keeps increasing

Gas: 150-200 per month

Food: when every meal is $13+ , plus even take out food wants a tip now a days. $600-800 , including eating out and grocery.

Not to mention emergency: like new tires. It’s impossible to save any. You have to make 100k to build up a saving in todays economy.

Thankfully I didn’t have any student loans, but not really embarrassed to say now, I moved in with my folks ( early 30s, single) , if I ever want to save up for the property/ acreage I want to buy before I’m 40.

Rent is much as a mortgage. The cost of good, services , and housing has made younger people slaves to their jobs. And overall I’m happier that I don’t have the financial burden of rent. I would feel trapped.

This post was edited on 12/21/23 at 9:28 am
Posted by Gravitiger
Member since Jun 2011
10457 posts
Posted on 12/21/23 at 9:27 am to
quote:

Per month
Car insurance: $250 ( never caused in accident 15 years if driving)
wtf

I am an older millenial with a fairly lousy driving record and my insurance is less than $100 per month. With pretty high limits.
This post was edited on 12/21/23 at 9:29 am
Posted by Sun God
Member since Jul 2009
44874 posts
Posted on 12/21/23 at 9:30 am to
quote:

Per month Car insurance: $250 ( never caused an accident 15 years of driving)

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