Learning to not be a mark for the job was one of the hardest things to learn. As long as you do a good enough job to not be fired, chances are you're going to get paid just as much for not caring and not going to extra mile than you will for caring and going the extra mile. At the end of the day, unless you’re at a really good company, you’re just a number to them and if they think they can improve the bottom line by getting rid of you then they will. Making yourself really valuable at your position can even hinder your ability to move up because management will have to weigh rather it's more beneficial to keep you at your current position or in the next one.
My wife wants to open a “pug retirement village” when she retires. Basically rescue every senior pug she can and let them live on a farm we want to buy
We got our Brittany spaniel from a brittany rescue. They live on a big piece of land and at any given time have 6+ Brittanys they own, are fostering, rehoming, etc. Was far from a profit business, they truly cared about every dog that came through and had a rigorous adoption process to ensure good homes for each one. So awesome.
Expanding range of venomous insects and spiders due to climate change plus, increasing numbers of non-native exotic species, and/or dumb people keeping dangerous pets?
Whatever the fuck the one that has you trudging around the real world looking for Pokemon and gyms to hold is called
Pokemon Go, you Luddite. That said you might have a point. I fucked up my ankle pretty good stepping off a curb playing that game and had to stop playing cuz it was causing marital issues
Haha yeah that pokemon phone game that everyone loved for like a month I remember that* *this poster currently plays Pokemon Go
Never heard of the myth of the broke millennial. If anything we’ve heard how millennials (and now Gen Z) are the best savers yet.
"We talked to a couple 40 y/o millennials and they seem to be doing fine. So, the American dream is still real. Get to work Gen Z! Keep grinding and hustling and working several jobs and eventually you'll make it, just like these handful of cherry picked Millennials we found." -this article probably
Pretty much every economic metric has millennials as behind their parents financially at the same stage in life. That was at least true until covid. The economic measures from covid really helped
The white and upper class millennials are doing well and the rest are entrenching themselves in poverty
I suppose it’s how you look at it. Housing was so cheap for boomers/older Gen X it was easy to get ahead. But the figures I’ve seen that correct for this say that the two younger generations are much more fiscally responsible.
Millennials have boomer parents. The boomer parents aren't gonna let their wealth go away. It will end up in the hands of the millennials for a while.
It’s not really about financial responsibility. That’s sort of out of necessity. It’s about the larger economic environment that leads to depressed wages and higher cost of living. That’s particularly true in student loan debt and housing. https://www.cnbc.com/amp/2021/04/16/older-millennials-wealth-previous-generations.html
this is an interesting graphic. you should explain it to Clown Baby as he just pm'd me inquiring about it and i have to go do busy business things
You should be able to estimate wages and wealth gains based on historical data by birth decade/year/whatever. That article is from 2021 but millennials (essentially, though it depended on age of millennial) had 40% less wealth than their parents at the same age as their parents, adjusting for inflation.
I found an article from 2017 talking about it being 20% lower, as well. Not sure exactly what's accurate but that's the common theme, mostly because of (lack of) home ownership and historically high student loan debt. That's also a big reason why millennials were hitting other typical milestones later than their parents, like getting married and having kids. Probably doesn't help that boomers had historically high divorce rates but money also played a big part. Also don't forget how much the recession fucked real wage growth when millennials just started working. Overall earning power for people that starting working during those 3-4 years is lower over an entire working lifetime because of it.
At first we spent all of our money on candles and lattes. We've now transferred that 90% spend of our paychecks to savings
I think is pretty accurate. My life is a decent example vs my wife. Us 40+ millennials snuck into a decent market while the rest got fucked I'm an elder Millennial. My wife is 4 years younger than me. I got out of college right as the world was correcting it self post the dot com bubble and somewhat entrenched well into a job. My wife go out and 6 months into her first job the housing market collapsed. She was laid off. She essentially went through that cycle 2 more times. Millennials born between 86 and 90 really had the shit draw post college. I was already into some light leadership & my team got laid off vs me. My 5 year difference and I was able to buy a house for cheap in 2010. Then shit exploded for the next 5 years. People her age were then paying 2x for the same house or still renting b/c they were recovering from getting fucked by the housing crisis and by the time they wanted to buy a home covid hit, people lost jobs & housing exploded again. She's now well off, stable & making good money. But her path through awful economic conditions when she was at the lower end was really different from me, just a few years older.
Yup it me. Graduated college in 2008, tried to hide out in grad school, finished that in 2011, couldn't get a job (we're looking for ten years industry experience for this entry level position), joined the military out of desperation, finally looking at buying my first house in 2024 at the ripe old age of 38. By this time my parents were buying their fourth housing upgrade.
I've seen you post about your six figure salary before though. (Could have been a previous position). I am older than you and not likely to ever sniff six figs.
Here's where I'm at -- about to turn 40, bought first house and got married first time in last 2 years. Think my wife and I will be able to make it to retirement fine with our jobs and inheritance. Questioning having kids though. What will "middle class" people do for work in 20 years? The thought of trying to help a kid pick a college major and profession by then is unnerving. Could be better off ending the TC line this generation
Thomas Cooper I came to South Carolina in 1740. I am the son of a son back to then. If I had a kid, would be the 10th generation in the line, all born and raised in SC. Always figured that would happen but maybe it ends here. I am the first generation not to farm for a living that I know of. -TC multiposting while waiting for a call to start
My wife and I are both 85 Millennials. We graduated grad school in 2010, bought a house in 2011 at pretty much bottom of the barrel prices, and we've profited from that. Most of the Millennials in our generation wouldn't be that lucky to have been able to buy a house that early on, and it's made a huge difference for us.
Yeah, I bought near the lowest point. Probably lost 5-10% after I bought, but then it exploded the next 9 years and my house essentially doubled. Luckily rolled that equity into a new home
Man I live in Florida, buying a home still isn’t a possibility because the insurance issues and insane cost of living increases along with housing market make it pointless I’m an 88 baby, we got fucked badly
Oh, no, I turned down a 6 figure position because the benefits were shit and it would have put me back in the intel community where I would have eventually killed myself.
I think this is very true now, but it applies mostly to middle-class white millennials (I'm excluding all rich people who haven't suffered) who had some kind of parent safety net and were smart enough to not get freakishly stupid into debt outside student loans. I was born in 87, only my dad worked, had much of my college tuition paid and was in grad school briefly (thankfully I didn't take on any student loans for it) until I dropped out in 2010. I worked some shit jobs and was generally pretty good with my money. I was able to get into the Tech sector at a good time in the mid 2010s and my wealth has grown considerably, mostly because I was privileged enough to not have to take on any more debt outside a car loan. I had a lot of luck but also probably a ton of white privilege as my parents were able to financially support me some in high school and college which enabled me to get my degree even though I didn't really use it outside of a lab analyst job for a couple years. My guess is if you had any major stumbling blocks along a similar path it just disproportionately fucked you in trying to build wealth, like being set back several years. Seems like a lot of us who are my age aren't doing necessarily great but actually are starting to accumulate wealth, especially if you weren't blowing money like many of our parents.
There will be jobs, it’s not worth stressing over IMO. Far more important is your desire and ability to have and care for a kid. To me the biggest and scariest unknown is what our ecological future is.
Are millennials the first generation to really embrace job hopping as a path to significant income increases? Just from my own little world that seems to be the case. The last 5-6 years have had myself and several friends get pretty drastic pay increases through job changes vs staying in 1 place and climbing the ladder. That could be helping?
My wife wasn't from a well off family and had no fall back. Worked two jobs out of college. Still paying off student loans. Unfortunately they aren't the "right" gov't loans and aren't able to be forgiven under the biden plan.
Had this same convo with my wife last night. I'm of the opinion that anyone born after 1990 (and even a few years before) who doesn't already own a home probably never will unless we get another 2008 housing market crash.
Right, the thing is I could afford to buy a home right now (800+ credit score, good job etc) but I can't and many others are now finding out they can't afford all the absurd cost of living increases that are coming with it. Florida is probably headed towards some kind of crash and it's more of a "when" than "if" at this point. Damn near everyone sees this coming but the government won't do anything because their donor class doesn't want them too. When things go bad those donors are going to swoop in, buy up a bunch of shit and make a killing. It's obvious that's what's going on but no one will call it out for what it is. Side note Orlando has the highest vacancy rate of homes out of any major city in the state at 5%. According to Google Every time the local government tries to do something to slow the rising costs, the legislature ties their hands with some policy. That's no coincidence, they're doing that shit on purpose to cause harm https://finance.yahoo.com/news/7-fl...hzcn3h1xEjeNvKNFaVgeSTRM6nT1ahCYXfDMG02eyEm_f