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Started By
Message
re: Is everyone just rich today
Posted on 12/8/25 at 11:34 am to Porter Osborne Jr
Posted on 12/8/25 at 11:34 am to Porter Osborne Jr
Yes
0
Posted on 12/8/25 at 11:35 am to kywildcatfanone
quote:you don’t go to many restaurants, do you?
They are everywhere i see
Posted on 12/8/25 at 11:36 am to Mingo Was His NameO
I hate to team up with you, but it was only a matter of time before Joe showed up and said we have a spending problem. You can dispute that with him and probably review your credit card statement, but he won’t listen.
Don’t buy your morning Starbucks and invest into the market. You’ll be a millionaire in no time!
Don’t buy your morning Starbucks and invest into the market. You’ll be a millionaire in no time!
Posted on 12/8/25 at 11:38 am to ClemsonKitten
You should see my premium board fees
Posted on 12/8/25 at 11:38 am to Pepe Lepew
quote:
You should see my premium board fees
but that's a necessity
Posted on 12/8/25 at 11:39 am to 777Tiger
quote:
but that's a necessity
True dat
Posted on 12/8/25 at 11:43 am to BabyTac
That’s a low net worth to early retire on. Does it include house equity or just liquid
This post was edited on 12/8/25 at 11:49 am
Posted on 12/8/25 at 11:45 am to ClemsonKitten
We are witnessing the largest generational transfer of wealth.
Most of my friends and I make around the same. Middle of middle class. The big difference is the ones who have had parents die and pass on wealth (or grandparents in some cases).
Most of my friends and I make around the same. Middle of middle class. The big difference is the ones who have had parents die and pass on wealth (or grandparents in some cases).
Posted on 12/8/25 at 11:45 am to Cosmo
quote:
On TD? Yes. Average household income on TD is 350k
or more...
Posted on 12/8/25 at 11:46 am to LSUfanNkaty
quote:
On TD? Yes. Average household income on TD is 350k
or more...
that's what my kid's allowance is
Posted on 12/8/25 at 11:48 am 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.
does not = "rich"
Rich should be defined by your net worth. Your assets minus your liabilities. I'm willing to bet most of the people with high mortgage payments, car payments, spending like crazy, etc. don't have the highest net worth.
HHI and NW can correlate but not always. I know people making less than 150k HHI and have 1M+ NW's. All about saving/investing and living below your means.
"Rich" in today's society is anyone with over 5M NW, imo.
This post was edited on 12/8/25 at 11:50 am
Posted on 12/8/25 at 11:50 am to Weekend Warrior79
quote:
This legit, or exaggerating a little?
He's exxagerating when you can literally go get it for just over $6/LB or go to Costco and get it for $5/LB
Posted on 12/8/25 at 11:52 am to Dav
You boomers need to stop defining things by what you know. Expecting us to drive 20k used cars when cost of labor is high and repairs are asinine is a dumb take.
Telling us to live with roommates 1.5 hours from our work is a dumb take.
Saying buy a starter house for 250k in a town with 0 job prospects or very limited niche prospects is a dumb take.
No wonder why so many people on the OT are losers. They trap themselves in their mind and never think of long term.
Telling us to live with roommates 1.5 hours from our work is a dumb take.
Saying buy a starter house for 250k in a town with 0 job prospects or very limited niche prospects is a dumb take.
No wonder why so many people on the OT are losers. They trap themselves in their mind and never think of long term.
Posted on 12/8/25 at 11:52 am to ClemsonKitten
quote:Yes. The gain in household net worth over the past 25 years has been astonishing...leaving the likes of Europe utterly in the dust.
Is everyone just rich today
All the headlines about "the average household would go bankrupt if they just had a $400 car repair bill" are ridiculous and unreliable. Those are always based on "survey" data and not actual stats.
Current day America is preposterously wealthy.
Posted on 12/8/25 at 11:59 am to dallastiger55
This is the most relatable thing I have read today 
Posted on 12/8/25 at 12:15 pm to Big Scrub TX
quote:
All the headlines about "the average household would go bankrupt if they just had a $400 car repair bill" are ridiculous and unreliable.
The only reason this isn’t true is because they can use credit. And if they’ve already maxed their current credit, they can just go get more
Posted on 12/8/25 at 12:17 pm to fareplay
He’s lying so there’s that
Posted on 12/8/25 at 12:27 pm to ClemsonKitten
No, everyone is not rich.
What you’re seeing is the middle and upper working class being priced into poverty… the destruction of the working middle class.
You will own nothing and you will like it.
It’s like AI and the education system. Math is racist. Many can’t even count change. Cursive writing is about to be extinct- therefore, those “ancient” texts (think founding documents) will be illegible. Critical thinking skills among the younger are almost extinct…. In walks AI to fill the void.
Scary as hell… “Idiocracy” predicted it all.
What you’re seeing is the middle and upper working class being priced into poverty… the destruction of the working middle class.
You will own nothing and you will like it.
It’s like AI and the education system. Math is racist. Many can’t even count change. Cursive writing is about to be extinct- therefore, those “ancient” texts (think founding documents) will be illegible. Critical thinking skills among the younger are almost extinct…. In walks AI to fill the void.
Scary as hell… “Idiocracy” predicted it all.
This post was edited on 12/8/25 at 12:32 pm
Posted on 12/8/25 at 12:33 pm to Cosmo
this peasant's home is just over half of the "standard TREE FITTY"
Posted on 12/8/25 at 12:35 pm to Mingo Was His NameO
quote:
And if they’ve already maxed their current credit, they can just go get more
That's not how that works at all
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