re: 3/4s of millennials are more than $100,000 in debt, most not from mortgages

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So which is it: coding or welding? Or is it roofing now?

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Better go with welding. It won't cost you 100 grand, and there are no shade trees on a roof.

Seriously, though, what the frick? Stop blowing money! I know a married gen Z, or what the hell ever early 20s people are called these days, who just bought an old, but decent, house with a little land and a detached garage workshop. The only thing they have is the house note and his truck note. She and her folks paid for her college one semester at a time. She's a teacher he's a cop and they are living within their means. Stop blowing money you don't fricking have!

My financial situation:

37 years old. Wife is 38. 2 kids under 10. Combined income: ~$140k.

$214k left on mortgage (purchased in 2020)

$38k total debt for two cars (both purchased in 2022 - yuck)

That’s it.

It’s absolutely possible to be a millennial and not be a complete frick up in life.

I have mortgage debt. My non mortgage debt totals $6-7K, nothing wild at all like this study says.

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3/4s of millennials are more than $100,000 in debt, most not from mortgages

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I'm in WAY more debt than $100k.

I also save 15% of my gross income pretax and 25% of my net income

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with 67 percent of millennials having some amount of debt on a credit card.

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what does this mean? I have about $2k in debt on my credit cards but it will be paid at the end of the month

For the non-millenials can we get a median number instead of mean? I'd also like a breakdown of the info so I can do a differential analysis. While we are at it let's throw in policies created by boomers that caused the drastic rise in higher education and medical expenses.

They need a daily dose of Ramsey

Only a boomber or backwoods Lousiana fool would buy a mastercraft. Wakesetter is where it's at.

I thought they were told their almighty government would relieve all of that paper money. They needed to get UberEats to deliver 12 meals a week and pay $16 a drink at the local bathhouse.