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Started By
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Millennial baws, how you hanging on?
Posted on 12/21/23 at 8:57 am
Posted on 12/21/23 at 8:57 am
Not talking about you older baws who own a house and have assets already. I’m talking between ages 27-35. What’s going on? As younger part of the work force we get paid less and rent is going up. Dont have time due to work and commute, cant save because inflation, unemployment, bills, what we doing?
60% of post tax going to rent on average, damn.
For older baws who say coffee avocados etc, lol.
Also kids are a pipe dream at this point
60% of post tax going to rent on average, damn.
For older baws who say coffee avocados etc, lol.
Also kids are a pipe dream at this point
This post was edited on 12/21/23 at 9:09 am
87
Posted on 12/21/23 at 8:58 am to fareplay
Well from the other thread, we're apparently holding ourselves back by having a cell phone, subscription to Netflix, and not living in a single wide trailer in the rural parts of our various states.
Posted on 12/21/23 at 8:59 am to fareplay
My rent is about 17-20% of my gross income
Posted on 12/21/23 at 8:59 am to fareplay
Weren’t you just shopping for a Porsche
Posted on 12/21/23 at 9:00 am to fareplay
quote:
cant save because inflation,
young folks today really do have a lot of shite thrust upon them due to no control of their own, but the above is a copout. You absolutely most certainly can save if you actually desire to. Blaming inflation for poor financial habits is a bad excuse.
Posted on 12/21/23 at 9:00 am to Sun God
I’m lucky, most of us aren’t.
Posted on 12/21/23 at 9:01 am to WG_Dawg
Average millineal salary by census is 47k
That’s 3k a month average post tax
Average rent is 1600 for a studio…
Excludes utilities internet phone food healthcare, car, insurance for said car, student loans
Where is this savings?
That’s 3k a month average post tax
Average rent is 1600 for a studio…
Excludes utilities internet phone food healthcare, car, insurance for said car, student loans
Where is this savings?
This post was edited on 12/21/23 at 9:04 am
Posted on 12/21/23 at 9:03 am to fareplay
Paying off debt and trying to make it ahead in life. Putting 15% to retirement. Thanks for asking baw
Posted on 12/21/23 at 9:03 am to LoneStar23
What’s your rent friend? Seems like you doing well
Posted on 12/21/23 at 9:03 am to Sun God
quote:
older baws who say coffee avocados etc, lol.
quote:
Weren’t you just shopping for a Porsche
Good point , his list needs to be updated to include luxury sportscars.
Posted on 12/21/23 at 9:04 am to fareplay
quote:
I’m talking between ages 27-35.
quote:
Not talking about you older baws who own a house and have assets already.
I’m 34 and have those assets already. Paying more for everything like everyone else but hopefully the country wises up next year.
Happy my parents taught me the importance of saving money when I was younger.
This post was edited on 12/21/23 at 9:08 am
Posted on 12/21/23 at 9:04 am to fareplay
Older millennial here. Doing great but have no faith in it continuing for some reason. 
Posted on 12/21/23 at 9:04 am to fareplay
25% of income going to rent and thats with splitting it with the GF.
Trying to save what little i can. Just paid off the car but now that money is going to student loans.
Pretty much given up hope of buying a house anytime soon
Trying to save what little i can. Just paid off the car but now that money is going to student loans.
Pretty much given up hope of buying a house anytime soon
Posted on 12/21/23 at 9:04 am to fareplay
Mortgage is 1700
Posted on 12/21/23 at 9:05 am to fareplay
I sold my 600k house in a neighborhood and moved to a double wide on 20 acres.
frick the neighborhood life.
frick the neighborhood life.
Posted on 12/21/23 at 9:05 am to fareplay
I'm 33 & thriving. Both vehicles are paid off. Just put 20% down on our dream house. No debt outside my mortgage and a sizeable nest egg and 401k.
I got the discipline needed to be successful from the Army and used that mindset to keep it going professionally after I got out.
I also hate most of my generation and do everything I can to distance myself from it.
I got the discipline needed to be successful from the Army and used that mindset to keep it going professionally after I got out.
I also hate most of my generation and do everything I can to distance myself from it.
This post was edited on 12/21/23 at 9:06 am
Posted on 12/21/23 at 9:06 am to TRUERockyTop
Prove it, seems edgy
Posted on 12/21/23 at 9:07 am to fareplay
It’s been a struggle but I was fortunate to get a decent raise and am selling my condo , not that I want to leave it but the value has gone up pretty significantly
Gonna pay off all my student loans and rent an apartment for the time being and finally start making some moves and be debt free. Can’t wait to have that burden off of me .
Gonna pay off all my student loans and rent an apartment for the time being and finally start making some moves and be debt free. Can’t wait to have that burden off of me .
Posted on 12/21/23 at 9:08 am to Lawyered
Congrats, lawyer finally moving up
Posted on 12/21/23 at 9:08 am to NewIberiaHaircut
quote:
Older millennial here. Doing great but have no faith in it continuing for some reason.
Same.
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