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1
Posted on 12/8/25 at 6:52 pm to SuperSaint
350k was the OT average about ten years ago
Posted on 12/8/25 at 7:00 pm to ClemsonKitten
You just needed to buy Nvidia in 1999 
Posted on 12/8/25 at 7:10 pm to ClemsonKitten
A lot of people don’t put much into retirement and float by on credit cards or loans from boomer parents that they don’t intend to pay back. A lot of people are also routinely behind on payments.
This post was edited on 12/8/25 at 7:11 pm
Posted on 12/8/25 at 7:13 pm to BabyTac
You self insure against fire and liability, too? I’m thinking of dropping wind and hail, but keeping flood, and fire and liability. Someone trips on your property, they’ll own your home and any money they can find.
Posted on 12/8/25 at 7:14 pm to ClemsonKitten
quote:
Record Holiday spending, paying 1k car payments per vehicle, living in 1 million dollar houses, spending 10 dollars on ground beef, taking international trips every quarter. I guess I got left out lol.
No worries. They'll include you when it comes time to pay (taxes) for your sin of being part of the patriarchy and saving your money.
Posted on 12/8/25 at 7:18 pm to Dixie2023
quote:
You self insure against fire and liability, too? I’m thinking of dropping wind and hail, but keeping flood, and fire and liability. Someone trips on your property, they’ll own your home and any money they can find.
Please, for the love of everything holy, do not listen to this dumb asses advice. Anyone with a net worth of 3 million understands risk transfer and the need to protect yourself. Babytac is the most disingenuous, low IQ mfer on this site
Posted on 12/8/25 at 7:19 pm to TheOcean
quote:
350k was the OT average about ten years ago
Posted on 12/8/25 at 7:23 pm to dallastiger55
Amen brother! Same boat here…
And people say ..”they just finance it”.. but they still gotta make payments. I don’t know how they keep up
$2k mortgage
$1500 car notes
$1k mth on vacations (averaged out)
$500 boat note
$500 s x s/ gold carts / 4 wheelers
$1k fishing/hunting
$1k private schools
That’s $90l a year after taxes.still gotta eat, utilities, gas, insurance, cell phones….
And people say ..”they just finance it”.. but they still gotta make payments. I don’t know how they keep up
$2k mortgage
$1500 car notes
$1k mth on vacations (averaged out)
$500 boat note
$500 s x s/ gold carts / 4 wheelers
$1k fishing/hunting
$1k private schools
That’s $90l a year after taxes.still gotta eat, utilities, gas, insurance, cell phones….
Posted on 12/8/25 at 7:25 pm to rob0710
quote:
Louisiana is the 2nd highest state for credit card delinquency. Mississippi is #1 and Alabama is #3.
Wonder what they have in common
Posted on 12/8/25 at 7:28 pm to weagle1999
As an aside: Is anyone really that surprised that people would try to enjoy life now when they have been told over and over again that they are about to die from covid, global warming, etc?
This post was edited on 12/8/25 at 7:31 pm
Posted on 12/8/25 at 7:29 pm to xBirdx
quote:
$1k fishing/hunting
My wife would love it if I only spent $1k a month on my outdoor activities.
Posted on 12/8/25 at 7:29 pm to Mid Iowa Tiger
quote:
We are living on borrowed economic times and when it pops it’s going to be ugly.
Every month of every year that I have paid attention to economic topics the phrase above appears (or some version of it).
I think it is doomcasting similar to the hurricane stuff.
This post was edited on 12/8/25 at 7:30 pm
Posted on 12/8/25 at 7:35 pm to Big Scrub TX
quote:
Probably at least half will get something, with the median receiving $75-100K.
At minimum, even if there’s not much cash in the bank, it’s good chance they’ll inherit a paid for house that’s worth a few hundred grand. The average child of a boomer will definitely walk away with something meaningful. Some will get nothing. But that’s always the case.
This post was edited on 12/8/25 at 7:37 pm
Posted on 12/8/25 at 7:37 pm to weagle1999
quote:
Every month of every year that I have paid attention to economic topics the phrase above appears (or some version of it).
And bubbles have popped along the way and it’s ugly.
Posted on 12/8/25 at 7:40 pm to Mid Iowa Tiger
I mean a broken clock and all that.
Anyone sitting in cash recently or even now has missed out bigly. Maybe they are jealous and want a crash, dunno.
Anyone sitting in cash recently or even now has missed out bigly. Maybe they are jealous and want a crash, dunno.
Posted on 12/8/25 at 7:47 pm to Rize
More power to you man!
Wish I had extra like that.
Wish I had extra like that.
Posted on 12/8/25 at 7:47 pm to DCtiger1
Ok, thank you. I’d never go without liability, fire and flood, at the very least.
Posted on 12/8/25 at 7:52 pm to xBirdx
quote:
More power to you man! Wish I had extra like that.
I don’t even fish anymore. That’s really all I do is hunt year around and play with guns.
This post was edited on 12/8/25 at 7:53 pm
Posted on 12/8/25 at 7:55 pm to ClemsonKitten
No people are somehow just comfortable with debt.
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