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Topic	1 in 6 millennials now has $100,000 saved. 1 in 3 have $15,000 saved.
FLUFFYGERM 01/24/18 4:50:50 PM #221:	DevsBro posted... But only 1 in 100 knows what they're saving for. The other 99 literally damage the economy by sitting on their piggy bank, at a tenth of a percent annually, instead of investing it or even spending it on stuff they want. "Saving money" is the biggest waste ever. If you don't spend it, what use is it? You might as well have not worked those hours instead. I can tell you what every dollar I have saved up is for. Some dor the next house downpayment, some for taxes, some for emergencies, some for the next car, some for TBD purchases of a few grand and finally some for vacation. Yeah but it's better to let it sit while you figure shit out than mess around and lose it. I feel like millennials will be the first generation to be truly finance savvy, given enough time. REMercsChamp posted... And owning less properties than previous generations. I'm sure if the majority of these were homeowners the savings would be much less. I don't think home ownership needs to be rushed into. We should learn the lesson from 2007-2009. --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol <cite>FLUFFYGERM posted [p:894723522] in 1 in 6 mil... [t:76237382]...</cite> <quote><cite>DevsBro posted...</cite> <quote>But only 1 in 100 knows what they're saving for. The other 99 literally damage the economy by sitting on their piggy bank, at a tenth of a percent annually, instead of investing it or even spending it on stuff they want. "Saving money" is the biggest waste ever. If you don't spend it, what use is it? You might as well have not worked those hours instead. I can tell you what every dollar I have saved up is for. Some dor the next house downpayment, some for taxes, some for emergencies, some for the next car, some for TBD purchases of a few grand and finally some for vacation.</quote> Yeah but it's better to let it sit while you figure shit out than mess around and lose it. I feel like millennials will be the first generation to be truly finance savvy, given enough time. <cite>REMercsChamp posted...</cite> <quote>And owning less properties than previous generations. I'm sure if the majority of these were homeowners the savings would be much less. </quote> I don't think home ownership needs to be rushed into. We should learn the lesson from 2007-2009. --- but Marxist theory is extremely consistent, both internally and with reality. -averagejeol</quote> ... Copied to Clipboard!
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