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re: Boomers are subsidizing Gen Z and millennial spending habits, ‘Oracle of Wall Street’ says
Posted on 9/23/24 at 10:26 am to NC_Tigah
Posted on 9/23/24 at 10:26 am to NC_Tigah
This Boomer is giving money in the allowed not taxable amount to my kids every year. Soon we will transfer to child and spouse. So I am doing the wealth transfer. Next year it is 19 grand per person. I hope it helps them.
Posted on 9/23/24 at 10:27 am to 4cubbies
quote:
Having rich parents might be the best thing a person can be born with.
If youre materialistic.
Posted on 9/23/24 at 10:32 am to NC_Tigah
The 30+ TRILLION national debt is how those boomers got to be well-off and they never had any intention of repaying it. That's Gen Z and millennial's problem, they said to themselves. Now they pat themselves on the back for being so generous.
Posted on 9/23/24 at 10:53 am to 94LSU
quote:
The 30+ TRILLION national debt is how those boomers got to be well-off
I never thought this at the time.?? Humhh, you maybe .........
Well I always say it's better to have money than not.
Posted on 9/23/24 at 10:58 am to 4cubbies
quote:Interesting.
Having rich parents might be the best thing a person can be born with.
I'd be very surprised if you actually believe that, Cubs.
Caring support from a close, grounded, nuclear family with self-sufficiency values would be right up there though.
In a country where 80% of millionaires are 1st gen wealth, foundation rather than funding would seem to be the ticket.
Posted on 9/23/24 at 11:03 am to NC_Tigah
not what is happening in my family nor what i see
but i dont hang out with losers either.
and ftr i doubt millenials, like myself, that are in their 40s are getting help from parents. highly doubt those 32+ are living with the family much if at any real %
but i dont hang out with losers either.
and ftr i doubt millenials, like myself, that are in their 40s are getting help from parents. highly doubt those 32+ are living with the family much if at any real %
Posted on 9/23/24 at 11:03 am to NC_Tigah
Obligatory random note -
Whitney is Mrs John Bradshaw Layfield, who is a former WWE champion / commentator and Fox News financial contributor.
She apparently got a lot of death threats in 2008-2009 reported in the wrestling press before and during the Great Recession because she correctly predicted a lot of issues and was ignored.
Whitney is Mrs John Bradshaw Layfield, who is a former WWE champion / commentator and Fox News financial contributor.
She apparently got a lot of death threats in 2008-2009 reported in the wrestling press before and during the Great Recession because she correctly predicted a lot of issues and was ignored.
Posted on 9/23/24 at 11:05 am to 4cubbies
quote:
4cubbies
im sorry your parents failed to do their job
how are you going to make fun of someone because their parents were there for them, created a very successful life and can now pass on the knowledge and wealth to their off spring?
let me guess...not fair because your parents sucked?
Posted on 9/23/24 at 11:06 am to lsu777
What are you going off about? Do I know you?
Posted on 9/23/24 at 11:07 am to 4cubbies
quote:
What are you going off about? Do I know you?
your constant whining about the "rich" and how unfair things are across all your post here.
you are constantly whining
Posted on 9/23/24 at 11:07 am to lsu777
quote:
your constant whining about the "rich" and how unfair things are across all your post here.
Can you please link one of these constant whining posts? Just one.
Exactly. You can’t find one. I don’t know what causes a person to be so unstable that he creates fictional narratives about strangers and then berates the stranger according to that delusion. Schizophrenia?
This post was edited on 9/23/24 at 11:11 am
Posted on 9/23/24 at 11:10 am to 4cubbies
quote:
Can you please link one of these constant whining posts? Just one.
the one i just replied to with the snarky "rich parents" comment
and before you go accusing...i come from a single father who started as a helper in the plants and worked his way up. Im the first male in my family to graduate college.
but the constant whining by you and other liberals when the transfer of wealth comes up is so stupid
there is no cap on the money supply...go get you your own large piece of it and leave it to your kids
Posted on 9/23/24 at 11:14 am to lsu777
Oh, you think poor parents are subsidizing their kids’ spending habits.
How does that mean rich parents are bad?
This is your second post in a row whining about me. Can you link a post from that proves this constant whining you won’t shut up about?
You’re derailing this thread to make baseless accusations.
How does that mean rich parents are bad?
quote:
but the constant whining by you and other liberals when the transfer of wealth comes up is so stupid
This is your second post in a row whining about me. Can you link a post from that proves this constant whining you won’t shut up about?
You’re derailing this thread to make baseless accusations.
Posted on 9/23/24 at 11:16 am to lsu777
Parents with money who have responsible children should pass as much as they can tax free before they pass on. It helps my children who are in their 30s to have extra money now. Not 20 years. Pass it forward!
You know how much a home costs in Austin?
You know how much a home costs in Austin?
Posted on 9/23/24 at 11:16 am to 4cubbies
quote:
Oh, you think poor parents are subsidizing their kids’ spending habits.
they are allowing them to live at home longer
quote:
How does that mean rich parents are bad?
its not but you imply that all the time
quote:
This is your second post in a row whining about me. Can you link a post from that proves this constant whining you won’t shut up about?
You’re derailing this thread to make baseless accusations.
na, been around long enough to know your normal posting habits
Posted on 9/23/24 at 11:17 am to aTmTexas Dillo
quote:
Parents with money who have responsible children should pass as much as they can tax free before they pass on. It helps my children who are in their 30s to have extra money now. Not 20 years. Pass it forward!
You know how much a home costs in Austin?
agree 1000%
Posted on 9/23/24 at 11:17 am to Teddy Ruxpin
Tail end of X is early 1980s so it's just a reference age.
Posted on 9/23/24 at 11:19 am to lsu777
quote:
its not but you imply that all the time
Prove it or stop lying. Link a post of mine complaining about rich parents.
quote:
na, been around long enough to know your normal posting habits
Weird because I don’t recognize your user name. in other words, you’re admitting that you made this up and can’t find any proof to support your lie.
Posted on 9/23/24 at 11:22 am to 4cubbies
quote:
Prove it or stop lying. Link a post of mine complaining about rich parents.
Curious. Are your parents rich and do you have anything against rich parents in general?
Posted on 9/23/24 at 11:30 am to aTmTexas Dillo
quote:
Curious. Are your parents rich and do you have anything against rich parents in general?
I don’t have anything against anyone pertaining to their financial status.
I haven’t lived with my parents since I was 18. I’m married with my own family now and don’t get help from my parents because i don’t need it. Their financial situations are none of my business.
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