70% of millennials live paycheck to paycheck
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Anonymous
| Going to flashy, expensive OOS & private colleges, getting useless master’s degrees and thinking you’re entitled to live in a major city without roommates will do that. |
Anonymous
You are an idiot. But you knew that already, right? |
Anonymous
| Sounds like a great idea to restart student loan payments then. This is a very large generation of voting age. |
Anonymous
| If you’re a millennial (27-41 years old) and aren’t making at least $80k you did something very, very wrong. |
Anonymous
| I’m gen x and same. Passion job and still renting. |
Anonymous
Well since the median income for a 35-year-old is $57,500, it looks like a lot of them screwed up in your eyes. |
Anonymous
They did. 21 y/o dental hygienists who went to NoVa CC & truck drivers make far more than that. |
Anonymous
|
Some need financial counseling and willpower to save. Really all you need is a paper and pencil to figure out simple math so claiming ignorance doesn't cut it. Even an elementary school child can do the math.
Another problem, wants and needs. You needs to pay bills first before wants. Youngsters are bombarded 24/7 with commercials showing everyone having fun but not working. Social media has become look at me see what I have kind of stupid. I'll say nearly 100% of the people on tv aren't even real yet the want to be someone causes financial stress. It's an ugly world full of entities looking to steal your food but you bought the happy and now you have no food. To infinity. It's terribly sad. |
Anonymous
| I'm 48 and don't make that much. I am a teacher. I must have done something very wrong then. |
Anonymous
Teaching is generally a job for trust funders and those with rich spouses. |
Anonymous
Were you a white person who grew up in a LCOL area in the Midwest or South? Everyone else (except for people in this demographic I think) knows that “passion jobs” are only for trust funders or those with a rich spouse. |
Anonymous
Dental hygienists living where? Most Americans can’t afford to live in Northern Virginia, obviously. |
Anonymous
Not the poster, but grew up in a private school world in the NE and quite a few kids were encouraged to follow their passions by well-meaning parents and they were not trust funders. 25th reunion is coming up and in checking out what people have been up to, there is definitely a clear divide in long term financial outcomes. |
Anonymous
| Truth be told, most Americans have always lived paycheck to paycheck. This isn't anything new. I remember similar articles from the 1990s. |