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Message
re: The Medium income Amercan Family now earns 1/2 the income needed to buy the avg home.
Posted on 3/13/25 at 5:21 pm to scottydoesntknow
Posted on 3/13/25 at 5:21 pm to scottydoesntknow
quote:If only ...
You hear that boys
quote:hopefully you and your generation will yet shake the mountains, scotty.
the boys i mean are not refined
e e cummings
the boys i mean are not refined
they go with girls who buck and bite
they do not give a frick for luck
they hump them thirteen times a night
one hangs a hat upon her tit
one carves a cross on her behind
they do not give a shite for wit
the boys i mean are not refined
they come with girls who bite and buck
who cannot read and cannot write
who laugh like they would fall apart
and masturbate with dynamite
the boys i mean are not refined
they cannot chat of that and this
they do not give a fart for art
they kill like you would take a piss
they speak whatever's on their mind
they do whatever's in their pants
the boys i mean are not refined
they shake the mountains when they dance
Posted on 3/13/25 at 5:24 pm to LSUAngelHere1
quote:BUT, "willing to start at the bottom and work their way up" is worth far more now.
The problem is, people are not willing to start at the bottom and work their way up. (#1) My first place was a small cheaply furnished apartment over a garage that I paid $90 a month for ...
---
A dollar is worth a fraction of what it was then.
Posted on 3/13/25 at 5:26 pm to SlowFlowPro
quote:No need to go there.
Correct. That's why the men 8 and below lack options.
Posted on 3/13/25 at 5:27 pm to SlowFlowPro
quote:F off you pompous prick. You think a lot of yourself, I'm shocked.
the same paradigm, I'm not shocked.
quote:Roughly same number of men as women. Likely less than 10% of men are high 9's. That means each high 9 has 2.5 to 4+ women. Not likely. We're not deer with bucks rounding up the does.
Correct. That's why the men 8 and below lack options.
quote:Pot meet kettle.
taking it out on me because it doesn't fit your preconceived worldview/personal experiences
What's the difference between a lawyer and a catfish?
One is a scum sucking shite eating bottom feeder and the other is a fish.
Posted on 3/13/25 at 6:51 pm to The Levee
quote:Slash the flash is a tough ask.
If we could just resist financing depreciating assets……like the 25 year old with his first job out of college driving a $80k truck with a $1,300 note.
Too many folks buy to impress too often.
Posted on 3/13/25 at 7:12 pm to NC_Tigah
Yall are picking out the few people living on credit cards who bust within a couple years, its unbelievable this is now page 30 of this shite
Median household is $80k, take home $65k
Please explain how you would budget (for the needs of 2 people) these line items, with a monthly income of $5400:
Healthcare
Groceries
Rent
Car/Insurance/Gas
Phone/internet
Retirement
Saying "back in my day" is just fricking dumb, yalls day came and passed 40 years ago, its a new day and we have a birthrate crisis because 3/4 of the country cant afford kids
Median household is $80k, take home $65k
Please explain how you would budget (for the needs of 2 people) these line items, with a monthly income of $5400:
Healthcare
Groceries
Rent
Car/Insurance/Gas
Phone/internet
Retirement
Saying "back in my day" is just fricking dumb, yalls day came and passed 40 years ago, its a new day and we have a birthrate crisis because 3/4 of the country cant afford kids
This post was edited on 3/13/25 at 7:13 pm
Posted on 3/13/25 at 7:38 pm to GeauxBurrow312
quote:I know someone who's doing exactly that in a $550K home.
Median household is $80k, take home $65k
Please explain how you would budget (for the needs of 2 people) these line items, with a monthly income of $5400
Posted on 3/13/25 at 8:09 pm to NC_Tigah
Why cant you answer the question? How would you break down those expenses. Those are not "fun" expenses, and dont even include other basics like clothing.
If they are living in a 550k house, they bought it on a sub 3% rate. Or their parents bought the house for them. Because the monthly on a 550k today would eat up 2/3 of their take home pay if they put $110k down
If they are living in a 550k house, they bought it on a sub 3% rate. Or their parents bought the house for them. Because the monthly on a 550k today would eat up 2/3 of their take home pay if they put $110k down
Posted on 3/13/25 at 8:33 pm to GeauxBurrow312
quote:
Median household is $80k, take home $65k Please explain how you would budget (for the needs of 2 people) these line items, with a monthly income of $5400: Healthcare Groceries Rent Car/Insurance/Gas Phone/internet Retirement
Assume 24 year olds have a kid. Both work and make 80000
80000
Contribute 10% to 401k
Take home pay is 65000
5416
-400 healthcare
-600 groceries
-1800 rent
-400 insurance and gas for car
-180 phone/internet
Leaves you 2000. 1000 for misc
1000 to savings.
Save for 5 years 66k saved
Buy house for 330. The starter house.
All in note is 2550. By then with 4% raises you are at 97k.
Save again for 5 years while you build equity and then buy again. Do that twice more. Then by the time you are 40 you can afford the 800k house.
Posted on 3/13/25 at 8:40 pm to RiverCityTider
Ya know. There's 30 pages of bitching in here and look, I'm not going to claim that none of the complaints have merit.
But for frick's sake. People really DO need a little fricking bit of perspective. The reality is, being "poor" in the US in 2025 still makes you one of the most comfortable people ever to walk the planet.
You can sit around a recriminate how it should be better but hey. It isn't. And, you are NOT the first people to ever encounter challenges.
20 year olds in 1945 all knew multiple friends who'd died in war.20 year olds in 1972 were looking down the barrel of getting drafted and came home to runaway inflation.
Let's not even start talking about being 20 in 1933.
You can be pissed about the cards you were dealt but at some point, ya gotta start playing the cards.
There are 7 Billion people on the planet nd even if you're in the fricking projects, you are among the top 10% of people on the planet!
Sheesh
But for frick's sake. People really DO need a little fricking bit of perspective. The reality is, being "poor" in the US in 2025 still makes you one of the most comfortable people ever to walk the planet.
You can sit around a recriminate how it should be better but hey. It isn't. And, you are NOT the first people to ever encounter challenges.
20 year olds in 1945 all knew multiple friends who'd died in war.20 year olds in 1972 were looking down the barrel of getting drafted and came home to runaway inflation.
Let's not even start talking about being 20 in 1933.
You can be pissed about the cards you were dealt but at some point, ya gotta start playing the cards.
There are 7 Billion people on the planet nd even if you're in the fricking projects, you are among the top 10% of people on the planet!
Sheesh
Posted on 3/13/25 at 8:43 pm to djsdawg
quote:
Damn, I wonder how much someone would have to pay per month to buy my house. Perhaps 2x as much as I pay for a 2011 note?
Mortgage for my house jumps from 1$800 to $3500 based on current prices and rates. That is insane.
Posted on 3/13/25 at 8:53 pm to Boss
If you want to put 10k into 401k, your take home pay is about 55k, not 65k
Your numbers seem fair (for 2 people) with one glaring mistake:
-400 insurance and gas for car
Insurance and gas alone are going to be 400 or higher, is the car free
That leaves $1200 a month, before the car payment, to start saving up for a downpayment (along with clothes, and any life shite that pops up). If you spend $500 on car (which is less than median), you have $700 bucks left
$700 in discretionary income in a dual income household. Strong middle class.
Your numbers seem fair (for 2 people) with one glaring mistake:
-400 insurance and gas for car
Insurance and gas alone are going to be 400 or higher, is the car free
That leaves $1200 a month, before the car payment, to start saving up for a downpayment (along with clothes, and any life shite that pops up). If you spend $500 on car (which is less than median), you have $700 bucks left
$700 in discretionary income in a dual income household. Strong middle class.
This post was edited on 3/13/25 at 8:59 pm
Posted on 3/13/25 at 8:59 pm to GeauxBurrow312
quote:Sounds like you just need to go out in the woods and eat a bullet. Your a victim and can never succeed.
GeauxBurrow312
Posted on 3/13/25 at 8:59 pm to GeauxBurrow312
80000
10% in 401k is 7200
FICA is 6120
Fed taxes are 2200. You get a child tax credit of 2500
Depending on where you live state tax is say 1200
So I am off a bit but it’s still close to 65k. About 63k.
If you live in the city do you need a car. If they are 24 I would assume they have had a car since 18 and it’s paid?
10% in 401k is 7200
FICA is 6120
Fed taxes are 2200. You get a child tax credit of 2500
Depending on where you live state tax is say 1200
So I am off a bit but it’s still close to 65k. About 63k.
If you live in the city do you need a car. If they are 24 I would assume they have had a car since 18 and it’s paid?
Posted on 3/13/25 at 9:00 pm to Grumpy Nemesis
quote:I am thinking the inflation didn't go nuts until the 1974 oil embargo kicked in. 72 would have been toward the end of the Nixon admin and I don't think it was that bad. But, I understand what you are saying. But boy it took off in 74 and hit its zenith under Carter.
20 year olds in 1972 were looking down the barrel of getting drafted and came home to runaway inflation.
Posted on 3/13/25 at 9:01 pm to GeauxBurrow312
They are 24. Not 50. Things should be tight at that age.
Posted on 3/13/25 at 9:01 pm to NC_Tigah
quote:Poor poor pitiful you. You're just poor wittle victim.
NC_Tigah
Posted on 3/13/25 at 9:02 pm to RollTide4547
I dont know how many times I need to repeat this but I am not complaining about my own circumstances at all, I am doing just fine financially
It is insane yall cant realize the state the country is for middle America. I have some empathy for the people who are doing everything right and still cant afford to start a family. This country has a birth crisis and its not possible to fix when people cant afford to have kids.
It is insane yall cant realize the state the country is for middle America. I have some empathy for the people who are doing everything right and still cant afford to start a family. This country has a birth crisis and its not possible to fix when people cant afford to have kids.
Posted on 3/13/25 at 9:04 pm to Boss
You are putting an age of 24 on them for no reason. $80k is the median - that is everyone age 18 to 70 who is in the work force. Most households are not a 24 year old married couple. shite, the average age of marriage is 30
This post was edited on 3/13/25 at 9:06 pm
Posted on 3/13/25 at 9:14 pm to GeauxBurrow312
So if the average age of marriage is 30 unless they pissed away a shite ton of they should both have a significant amount saved. When I was single I was saving saving saving. If you put 30 on it then they should have a shirt on saved.
You are also talking random 80k. A teacher in Georgia start at 60k. 9 years in with a bachelors they are at 70k. Dual income would be 140k.
You keep throwing out 80k. If both people are both working and both only making 20 bucks an hour that ain’t middle class bro.
You are also talking random 80k. A teacher in Georgia start at 60k. 9 years in with a bachelors they are at 70k. Dual income would be 140k.
You keep throwing out 80k. If both people are both working and both only making 20 bucks an hour that ain’t middle class bro.
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