Current Events > If Millennials were wiser with money, they'd have more wealth.

(+) Yeah! (+)

But of course, they have to have $5 Starbucks every morning, subscribe to all the streaming services, go to Twitch and donate to their favorite e-girl, etc. Boomers knew the value of a dollar.

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Which definitely has nothing to do with ads being forced into everyone's face 24/7.

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Lost_All_Senses posted...

Which definitely has nothing to do with ads being forced into everyone's face 24/7.

Boomers had to watch commercials.

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If millennials were more wise with money than boomers were at the same age, they'd still be much less wealthy on average

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This is lazy, even for you.

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But instead they're buying to much avocado toast!
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Orlando_Jordan posted...

Boomers had to watch commercials.

The internet is way more essential to society functioning today than TV was and is.

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Lost_All_Senses posted...

Which definitely has nothing to do with ads being forced into everyone's face 24/7.

Millennials have adblockers tbh

I've never seen a boomer use an adblocker.

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DarkChozoGhost posted...

If millennials were more wise with money than boomers were at the same age, they'd still be much less wealthy on average

Boomers bought cars they could afford and took care of them instead of financing for 7 years for a car out of their price range. Boomers ate cheap canned food at home instead of having nice dinners at Olive Garden. Millennials could learn a thing or two from them.

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"just don't be poor, then you'll be rich" - Every Boomer.

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Says the guy who bought a GameFAQs account that is literately free to make.

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If you looked back in time in the boomer age, they got so much welfare and subsidies, nowadays kids get stuck with life time student loan debt

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With what wages?

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If they abolished the capital class and private ownership of the means of production, it would be even better.

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VipaGTS posted...

"just don't be poor, then you'll be rich" - Every Boomer.

Sometimes, you just have to cut costs to get ahead in life. Instead of spending $200 a week at the dispensary, stop smoking weed.

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Orlando_Jordan posted...

instead of having nice dinners at Olive Garden.

lol


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In order for me to make the same money in the same career as my grandfather (doctor), I have to go 300K in debt vs him only going 15K in debt. It's definitely an uphill battle for me to accumulate wealth compared to him.

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Anteaterking posted...

This is lazy, even for you.

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AdrianBeterson posted...

In order for me to make the same money in the same career as my grandfather (doctor), I have to go 300K in debt vs him only going 15K in debt. It's definitely an uphill battle for me to accumulate wealth compared to him.

Let me guess, you went directly to a prestigious university instead of going to community college first, because you thought it was beneath you.

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Orlando_Jordan posted...

Let me guess, you went directly to a prestigious university instead of going to community college first, because you thought it was beneath you.

No, I went to a my instate public university. I would be 400K+ in debt if I went the prestigious route.

I also received scholarships.

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AdrianBeterson posted...

No, I went to a public university. I would be 400K+ in debt if I went the prestigious route.

So you ADMIT you didn't spend your first two years at community college and then transfer.

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Youre not wrong tc, but dont expect people to react kindly when told to take responsibility for their shortcomings

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Orlando_Jordan posted...

So you ADMIT you didn't spend your first two years at community college and then transfer.

The difference in me doing 2 years of CC vs public university would be roughly 15k, so I would still be 300K in debt.

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Irresponsible spending aren't exclusive to millennials.

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AdrianBeterson posted...

The difference in me doing 2 years of CC vs public university would be roughly 15k, so I would still be 300K in debt.

So $15,000 doesn't matter?

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Just get into politics and be republican and youll be rich.

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Orlando_Jordan posted...

So $15,000 doesn't matter?

When you're comparing 300,000 in debt vs. 15,000 in debt for my grandfather in response to this topic about millennials being "smarter with their money", no it doesn't, because my point is that no matter what, I have a much higher hill to climb compared to the previous generations.

My grandfather also lived in dorms and partied it up with no regard for spending. I instead lived with my parents to save money, took the bus to school instead of driving to save on gas, and even applied for multiple scholarships. Despite all of my effort, I am still 300K in debt and will earn a salary of 400K while my grandfather graduated with 15K in debt and earns a 400K salary.

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Boomers also had the benefit of a lower cost of living

in their time, you can buy a house and raise a family on minimum wage or slightly above it

now? good luck if you arent making big money

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Boomers spend their money on shitty food like TGIFridays, Applebee's, and Olive Garden. They are hardly the people whom I would emulate when it comes to ways to spend my money.

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AdrianBeterson posted...

When you're comparing 300,000 in debt vs. 15,000 in debt for my grandfather in response to this topic about millennials being "smarter with their money", no it doesn't, because my point is that no matter what, I have a much higher hill to climb compared to the previous generations.

My grandfather also lived in dorms and partied it up with no regard for spending. I instead lived with my parents to save money, took the bus to school instead of driving to save on gas, and even applied for multiple scholarships. Despite all of my effort, I am still 300K in debt and will earn a salary of 400K while my grandfather graduated with 15K in debt and earns a 400K salary.

You would have saved more money by going to community college and driving instead of taking the bus.

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Useless TC.

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Orlando_Jordan posted...

You would have saved more money by going to community college and driving instead of taking the bus.

Not enough for it to matter in the long term.

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Orlando_Jordan posted...

You would have saved more money by going to community college and driving instead of taking the bus.

So let's assume we take your genius suggestion:

I save 15K by going to community college. That puts my debt at roughly... 295K.

So it's 295K in debt vs 15K in debt for my grandfather, for the same end salary. That doesn't change anything and doesn't change my point either.

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He wants low level lib nitpicking about the cost of college and not "I agree, we should do communist revolution, which would take wealth out of the hands of rich old parasites and put them into the hands of the people".

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IShall_Run_Amok posted...

He wants low level lib nitpicking about the cost of college and not "I agree, we should do communist revolution, which would take wealth out of the hands of rich old parasites and put them into the hands of the people".

Communism is a proven failure as an economic system.

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Orlando_Jordan posted...

Communism is a proven failure as an economic system.

But it sure is great at killing capitalism, so let's do that.

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dude look at the Olive Garden line I quoted from TC

He is clearly not a serious account.

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Tc getting fat on all these topics

Y'all know this shit bait right

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true

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Damn_Underscore posted...

dude look at the Olive Garden line I quoted from TC

He is clearly not a serious account.

Eating out adds up. Cooking at home, or at least eating cheaper food like Taco Bell is a way to save money.

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Idk Boomers gave their money to Bernie Madoff

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Orlando_Jordan posted...

Eating out adds up.

That's what she said

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I know millennials who are financially propping up their parents.

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TC isn't wrong

Truth. Hope TC isn't getting roasted in this topic.

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coh posted...

TC isn't wrong

He's framing the issue disingenuously.

There are plenty of millennials who don't do any of the things he's whining about but still struggle, because the root cause is stagnant wages and a skyrocketing cost of living. But people like TC would rather blame the avocado toast because it lines up with his personal narrative.

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