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re: Why do old people go to the default argument of $6 coffee when talking about affordability

Posted on 7/13/26 at 9:02 am to
Posted by stout
Porte du Lafitte
Member since Sep 2006
183998 posts
Posted on 7/13/26 at 9:02 am to
Because people like this exist and make it a valid argument





Posted by BulldogXero
Member since Oct 2011
10350 posts
Posted on 7/13/26 at 9:03 am to
quote:

Multiple subscriptions to everything, $6 coffee, new phone ever year, new car every three years, want a big paycheck at 25, $400k home at 30, etc.


A $400k home in most major cities isn't exactly a mansion.

I would say look at 200k homes, and tell me if someone making 50K a year can really afford that.
Posted by BuckI
Grove City, Ohio
Member since Oct 2020
7566 posts
Posted on 7/13/26 at 9:05 am to
People tell me they paid their way through college with summer jobs back in the 60's-70's. A few hours in the evening or weekends bought them cars and everything else they had need of. Now it won't even pay the rent. Greed ruins everything.
Posted by Vacherie Saint
Member since Aug 2015
48089 posts
Posted on 7/13/26 at 9:07 am to
fast easy credit.. little to no financial literacy.... and social media feeding the envy beast are all contributing to this.
Posted by Gusoline
Jacksonville, NC
Member since Dec 2013
11124 posts
Posted on 7/13/26 at 9:08 am to
Its about people being too gd lazy to make their own so they spend 5x as long waiting in line so they can pay 12x as much. Then spend 15-20 on lunch instead of buying $10 worth of meat and bread to last all week. Then go to the bar and pay $5-10 per drink instead of $1 per drink. Then after theyve wasted $500-800 a month they bitch bc rents $100 higher this year and how they cant afford to buy because they cant be bothered to save for a few years.

They spend and extea 500/month to rent 2000 sq ft and spend maybe a few hours a week in 3/4 of the space and no matter how " bad" it is can always manage to find money for that $100 bag of pet food for the pet they leave locked up 20 hours a day. Dont forget the nicotine and energy drinks!

Posted by CleverUserName
Member since Oct 2016
17940 posts
Posted on 7/13/26 at 9:12 am to
quote:

Alcohol was a regular expense for a lot of boomers, and many still spend a lot on it today. So it’s a little rich to act like small daily purchases are the whole problem.


But we thought the newer generations were so much smarter and were going to get everything back on track? Now it's time to play the "buhwhatabout" game?

The fact that DoorDash is highly profitable is more of a knock on the young and broke than Starbucks.
Posted by Bryno1960
Off River Road
Member since Aug 2013
4011 posts
Posted on 7/13/26 at 9:13 am to
quote:

Why do old people go to the default argument of $6 coffee when talking about affordability


Why do you all continue to complain about older adults?
Posted by BuckI
Grove City, Ohio
Member since Oct 2020
7566 posts
Posted on 7/13/26 at 9:14 am to
Financial literacy is an issue. Some people do not understand sellers and lenders are only interested in profits no matter how nice they act.
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20317 posts
Posted on 7/13/26 at 9:17 am to
quote:

Using cash to buy a car instead of making payments on a new one ..



Is that you Dave Ramsey? This line of thinking is 25 years old.

The price of cars both new and used have made this almost impossible
Posted by Flats
Member since Jul 2019
28580 posts
Posted on 7/13/26 at 9:21 am to
quote:

Is that you Dave Ramsey? This line of thinking is 25 years old.

The price of cars both new and used have made this almost impossible


bullshite. My daughter is a teacher, mid 20s at the time, and when her car was unexpectedly totaled she paid $18k cash for a used Mazda because she knew it would need replacing at some point and had been saving. The fact that most people don't do it doesn't mean it's impossible, and she would tell you it wasn't even that difficult.

She's also a homeowner and doesn't live in a crack neighborhood, but I get that housing is very, very local. Buying a car isn't.
Posted by LawTalkingGuy
Member since Mar 2025
288 posts
Posted on 7/13/26 at 9:25 am to
quote:

Because it's a wasteful expense. I would hope most people aren't buying $6 coffee frequently.


Its at least $8 coffee now. $6 at Starbucks might get you a 16 oz. black coffee.

But their Clover vaccuum brewer does make a pretty good cup....if only their beans weren't so burnt.
Posted by BHS78
Member since May 2017
4002 posts
Posted on 7/13/26 at 9:26 am to
It's a little harder to make alcohol ay home than it is coffee and I can cook better than most restaurants.
Posted by BCvol
Member since Jan 2022
599 posts
Posted on 7/13/26 at 9:26 am to
Especially when you spend north of 1,000/year on coffee, have a few hundred a month in gaming/video/phone subscriptions and pay to have your lawn mowed. None of the younger residents in my subdivision mow their own lawns I could write a book on how young people waste all their money
Posted by slidingstop
Member since Jan 2025
2483 posts
Posted on 7/13/26 at 9:27 am to
quote:

They always blame avocado toast and coffee for why younger people can’t afford things, but older generations spent plenty too.

Alcohol was a regular expense for a lot of boomers, and many still spend a lot on it today. So it’s a little rich to act like small daily purchases are the whole problem.


because they aren't the ones bitching about affordability.

And whether you like it or not, they have a valid point.
Posted by Midtiger farm
Member since Nov 2014
6324 posts
Posted on 7/13/26 at 9:29 am to
quote:

Because they know the value of a dollar.


most of them blew thousands of dollars on cigarettes and tobacco products their whole lives
Also who do you think started the fast food craze in this country?
Now they are all sick and fat and expect my taxes to cover their copd treatment and their GLP1 drugs
This post was edited on 7/13/26 at 9:30 am
Posted by notsince98
KC, MO
Member since Oct 2012
22227 posts
Posted on 7/13/26 at 9:29 am to
comparing a $2 six-pack to a $6 coffee is quite the stretch.
Posted by ArHog
Gulf Coast
Member since Jan 2008
40038 posts
Posted on 7/13/26 at 9:30 am to
quote:

The price of cars both new and used have made this almost impossible


I'm a boomer and just paid cash for 2023 Toyota Tacoma TRD. Also don't purchase $8.00 coffee or door dash food.

It's definitely not impossible.
Posted by Midtiger farm
Member since Nov 2014
6324 posts
Posted on 7/13/26 at 9:32 am to
quote:

because they aren't the ones bitching about affordability.


They have aneurisms every time someone starts talking about ss and medicare reform and are passing laws to get rid of their property taxes - got to keep their boomer luxury communism going
Posted by boogiewoogie1978
Little Rock
Member since Aug 2012
20317 posts
Posted on 7/13/26 at 9:35 am to
quote:

teacher, mid 20s

quote:

she paid $18k cash for a used Mazda

quote:

She's also a homeowner


I call complete and utter bullshite
Posted by Bigdawgb
Member since Oct 2023
4511 posts
Posted on 7/13/26 at 9:39 am to
quote:

In 2000, the average car payment was under 400 per month. Now its approaching 800.


This is depressing, I'm probably 3-4 years out from having to get a new car but still. I bought a lightly used 2017 Camry in 2020 & the payment was a whopping $215.87 a month
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