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re: Soft Saving Trend for Millennials and Gen Z?

Posted on 10/25/23 at 6:10 am to
Posted by NukemVol
Member since Jan 2010
1668 posts
Posted on 10/25/23 at 6:10 am to
I'm doing fine, but I've got to think there's a point to where you have so little it's better to have less to get government assistance. So if you are trending that direction, YOLO.
Posted by SlowFlowPro
Simple Solutions to Complex Probs
Member since Jan 2004
452011 posts
Posted on 10/25/23 at 6:18 am to
quote:

I've got to think there's a point to where you have so little it's better to have less to get government assistance

Do you realize how little you have to make to get government assistance?

This is an article talking about people probably making between 50-75k/year, not 15-20k/year.
Posted by cypresstiger
The South
Member since Aug 2008
12484 posts
Posted on 10/25/23 at 6:22 am to
It’s just another sign of self-centered, now now now behavior
Posted by el Gaucho
He/They
Member since Dec 2010
56939 posts
Posted on 10/25/23 at 6:22 am to
quote:

It's more like, I can have a couple of nice vacations and a slightly older Camry or a $65k Tacoma. Which set of choices is better?

This is such a bug man perspective

A Tacoma is a Camry drivers idea of what a truck is. No real truck man would drive one

And aren’t you like 40? That’s not a millenial that’s a boomer
Posted by beaverfever
Little Rock
Member since Jan 2008
34388 posts
Posted on 10/25/23 at 6:28 am to
“A real truck man”. Now that is something to shoot for.
Posted by mylsuhat
Mandeville, LA
Member since Mar 2008
49475 posts
Posted on 10/25/23 at 6:28 am to
quote:

Stop taking cruises around the Caribbean and just fly to Europe
I don't think you know millennials at all


Posted by LB84
Member since May 2016
4094 posts
Posted on 10/25/23 at 6:34 am to
Food, water, and bullets will be worth more than this monopoly money our government prints at will when the shite hits the fan.
Posted by el Gaucho
He/They
Member since Dec 2010
56939 posts
Posted on 10/25/23 at 6:39 am to
Y’all could afford a real man truck if y’all didn’t go to Disney so much
Posted by el Gaucho
He/They
Member since Dec 2010
56939 posts
Posted on 10/25/23 at 6:40 am to
quote:

Food, water, and bullets will be worth more than this monopoly money our government prints at will when the shite hits the fan.

I didn’t want to be the millenial that said that half of millenials retirement plan is the collapse
Posted by el Gaucho
He/They
Member since Dec 2010
56939 posts
Posted on 10/25/23 at 6:42 am to
quote:

Do you realize how little you have to make to get government assistance?

If you’re a man, yeah, but to get food stamps as a woman you have to be a single mom that makes less than 500k
Posted by theronswanson
House built with my hands
Member since Feb 2012
3088 posts
Posted on 10/25/23 at 6:43 am to
Read “Die with Zero.” It discusses the thought process behind this line of thinking.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
38699 posts
Posted on 10/25/23 at 6:49 am to
quote:

Why are so many kids and women, especially women, obsessed with traveling today?
quote:

Save your money and spend it on something useful.


It’s been beat into people’s heads for a decade+ that it’s better to spend on experiences than on things.

I guess you’d rather keep up with the Joneses. That’s fine if that’s what you want.
Posted by High C
viewing the fall....
Member since Nov 2012
57653 posts
Posted on 10/25/23 at 6:52 am to
I avoided this by never creating a bucket list.
Posted by el Gaucho
He/They
Member since Dec 2010
56939 posts
Posted on 10/25/23 at 6:59 am to
quote:

It’s been beat into people’s heads for a decade+ that it’s better to spend on experiences than on things.

The people in this thread looking down on us for not going to Disney and Harry Potter in England probably still rent
Posted by jlovel7
Louisiana
Member since Aug 2014
22818 posts
Posted on 10/25/23 at 7:00 am to
We should be taking no leads ever from Gen Z. What a stupid idea to think they have it figured out.

quote:

Three in four Gen Z would rather have a better quality of life than extra money in their banks, the Intuit report shows.


I don’t think they realize they’re directly related

ETA: the idea that you should only do things that make you happy seems really wreckless. Life has inevitable challenges and you need to prepare for them. Unreal.
This post was edited on 10/25/23 at 7:18 am
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
35335 posts
Posted on 10/25/23 at 7:06 am to
quote:

Why are so many kids and women, especially women, obsessed with traveling today? Is it just to get likes on Instagram? Save your money and spend it on something useful.

Some people value experiences over items

I’d much rather spend 10k every year on traveling than a new ATV or gun or some shite

ETA: none of our trips are broadcasted on social media
This post was edited on 10/25/23 at 7:08 am
Posted by ronricks
Member since Mar 2021
9888 posts
Posted on 10/25/23 at 7:07 am to
quote:

most millennials I know don’t expect social security to exist 30 years from now. myself included



I'm a Gen X'er and I don't expect a dime of SS.
Posted by ronricks
Member since Mar 2021
9888 posts
Posted on 10/25/23 at 7:09 am to
quote:

Booze, cigarettes, guns, bullets, silver will be worth more than this monopoly money our government prints


Fixed it for you.
Posted by LB84
Member since May 2016
4094 posts
Posted on 10/25/23 at 7:21 am to
quote:

silver


If we're in a collapse of civilization I would laugh at anyone trying to offer me silver for anything like guns, bullets, food or water.
Posted by TigerIron
Member since Feb 2021
3672 posts
Posted on 10/25/23 at 7:30 am to
quote:

It's more like, I can have a couple of nice vacations and a slightly older Camry or a $65k Tacoma. Which set of choices is better?


It may be like that for some people, but it is most definitely not like that for the people plastering their travels all over instagram.
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