European Expansion: Eye-Opening, Frustrating, and Possibly Not Worth It - Underperforming employee culture

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Health, education, and pension are covered. If you remove these from your calculation of money needs, you’d probably also be ok with less $.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Health, education, and pension are covered. If you remove these from your calculation of money needs, you’d probably also be ok with less $.

The French can pay for this by robbing developing countries, they still have influence over vast Africa.
US don’t have robbing object aside from the dollar being pegged and that’s not completely one way street.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Yup. And they live longer, generally healthier and have happy lives.

And they have health care.

It sounds like a dream to me.

Managed care isn't great as there are often long waits. We have tricare and it sucks. I wait months for appointments, tests also take months so if its something serious plan on dying.

Have you tried here scheduling an appointment with in network endocrinologist or psychiatrist?

In many of these countries you could also go private care.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Health, education, and pension are covered. If you remove these from your calculation of money needs, you’d probably also be ok with less $.

The French can pay for this by robbing developing countries, they still have influence over vast Africa.
US don’t have robbing object aside from the dollar being pegged and that’s not completely one way street.

When you have no idea what you’re talking about, it is best to keep quiet.

France’s wealth comes from its productivity, its interests in Africa are miniscule as a percent of the economy. It generates its income from shipbuilding, car manufacturing, luxury goods, tourism etc.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

My European co-workers get more vacation but way less money. For instance my 24 and 23 year old kids both working have apartments and both are going on vacation in Europe this summer plus doing beach weekends, trips to Cancun, weekends in NYC and Boston. My 24 year old makes 90K base with a 20K bonus. Her friend who is 25 from HS makes 140k These are salaries of middle aged men with grad degrees in Europe.

I dont outsource anything. I dont thing that is issue. And they have nothing to outsource anyhow. My big Boss at my European company lived in a small house in Germany that believe it or not was rent controlled. He only had one kid. He told me every year he visits his parents house at beach for one month and puts a note up for landlord on all repairs and maint he has to do. Not his job. He had one car on a lease from my company. We paid for it. And did the maint. What is he outsourcing? And my company had a wonderful subsidized cafe at work he have breakfast and lunch in every day. With only one kid and his parents and her parents nearby they had free babysitting if needed even if they wanted to go on vacation without kid.

It is a nanny state there wtih many

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

You have no idea what you’re talking about. I am European who grew up there and whose sister still lives in Italy. My sister and her husband work and make a lot less than I do, but they take a couple of vacations every year, have a house, two cars. They also have an amazing health system, much better food, they come home for a couple of hours every day for lunch, spend a lot more time with their child.

No, they don’t hire someone to clean their house, or to mow their lawn, but it’s hardly a justification for the hamper wheel we have here. I lived and worked in both, you make more money here but at a great cost.

Also lived in Western Europe (and at one point Eastern). Agree with this sentiment completely.

The capitalist mindset is very focused on false “choice,” IMHO. And it’s not made anyone any happier or healthier in this country.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

You have no idea what you’re talking about. I am European who grew up there and whose sister still lives in Italy. My sister and her husband work and make a lot less than I do, but they take a couple of vacations every year, have a house, two cars. They also have an amazing health system, much better food, they come home for a couple of hours every day for lunch, spend a lot more time with their child.

No, they don’t hire someone to clean their house, or to mow their lawn, but it’s hardly a justification for the hamper wheel we have here. I lived and worked in both, you make more money here but at a great cost.

Also lived in Western Europe (and at one point Eastern). Agree with this sentiment completely.

The capitalist mindset is very focused on false “choice,” IMHO. And it’s not made anyone any happier or healthier in this country.

But downside they are stealing from their children and grandchildren to fund the lifestyle. Meaning my old boss in Germany with Free Healthcare, a great pension from Work, beach house, an amazing rent controlled house has great cash flow but nearly all his assets die with him.

The Pension stops, rent control apt stops, his beach house is actually a family house owned by MIL which is communal so cant pass to his kid. He only had one kid.

In the US He would own at time of death, his own primary home mortgage free, his beach house mortgage free, had a large amount of 401k/IRA/Savings Account money save due to higher income. Maybe 2-4 cars or boat. The US is focused on Assets. Plus in Europe next to US the percentage of people who own stocks and real estate is way less. The 16 years has been a massive run up in Real Estate and Stock Prices. My relatives in Europe for instance missed the boat on that as well did a lot of my older european co-workers.

A plan old mid level VP in a Bank in US in DC area is retiring at 65 with two million in 401k/IRAs and a 1.5 million dollar home paid off. That's before any other savings. That 3.5 million would be shocking to a European for a bank VP to have. And if that bank VP dropped dead day one of retirement his wife and kids get it. My old boss with his rental and defined pension lives the high life but he is really passing on nothing much to next generation.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

You have no idea what you’re talking about. I am European who grew up there and whose sister still lives in Italy. My sister and her husband work and make a lot less than I do, but they take a couple of vacations every year, have a house, two cars. They also have an amazing health system, much better food, they come home for a couple of hours every day for lunch, spend a lot more time with their child.

No, they don’t hire someone to clean their house, or to mow their lawn, but it’s hardly a justification for the hamper wheel we have here. I lived and worked in both, you make more money here but at a great cost.

Also lived in Western Europe (and at one point Eastern). Agree with this sentiment completely.

The capitalist mindset is very focused on false “choice,” IMHO. And it’s not made anyone any happier or healthier in this country.

But downside they are stealing from their children and grandchildren to fund the lifestyle. Meaning my old boss in Germany with Free Healthcare, a great pension from Work, beach house, an amazing rent controlled house has great cash flow but nearly all his assets die with him.

The Pension stops, rent control apt stops, his beach house is actually a family house owned by MIL which is communal so cant pass to his kid. He only had one kid.

In the US He would own at time of death, his own primary home mortgage free, his beach house mortgage free, had a large amount of 401k/IRA/Savings Account money save due to higher income. Maybe 2-4 cars or boat. The US is focused on Assets. Plus in Europe next to US the percentage of people who own stocks and real estate is way less. The 16 years has been a massive run up in Real Estate and Stock Prices. My relatives in Europe for instance missed the boat on that as well did a lot of my older european co-workers.

A plan old mid level VP in a Bank in US in DC area is retiring at 65 with two million in 401k/IRAs and a 1.5 million dollar home paid off. That's before any other savings. That 3.5 million would be shocking to a European for a bank VP to have. And if that bank VP dropped dead day one of retirement his wife and kids get it. My old boss with his rental and defined pension lives the high life but he is really passing on nothing much to next generation.

The overwhelming majority of the people in the US do not leave anything to their kids. You live in a bubble. Again, compare someone who is working as an admin in a small town making $40,000/year to your friend in Germany. They'll be lucky to have enough to pay for funeral insurance.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

European here. Yes, vacations are cheaper but much nicer. I can ski in Europe at 1/2 price of Colorado with better amenities and incredible food. I can go to Greece or Spain and spend a fraction and not have to deal with Floridians. There is a ton of flexibility at work. And absolutely not about opulence. In France, women dress like Americans can only dream. I don't know a ton of women here who can afford nice clothes or jewelry, because of the oppressive cost of living. There, everyone goes to spas and gets their hair done all the time, it's not a luxury. Here, grooming is so expensive. For healthcare, most people have private insurance too, which is very affordable with zero wait time.
People eat out all the time, because kitchens are small, restaurants are affordable, and most work places have vouchers for eating out.
A huge negative thing about Europe is total hate and discrimination towards overweight people.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

You have no idea what you’re talking about. I am European who grew up there and whose sister still lives in Italy. My sister and her husband work and make a lot less than I do, but they take a couple of vacations every year, have a house, two cars. They also have an amazing health system, much better food, they come home for a couple of hours every day for lunch, spend a lot more time with their child.

No, they don’t hire someone to clean their house, or to mow their lawn, but it’s hardly a justification for the hamper wheel we have here. I lived and worked in both, you make more money here but at a great cost.

Also lived in Western Europe (and at one point Eastern). Agree with this sentiment completely.

The capitalist mindset is very focused on false “choice,” IMHO. And it’s not made anyone any happier or healthier in this country.

But downside they are stealing from their children and grandchildren to fund the lifestyle. Meaning my old boss in Germany with Free Healthcare, a great pension from Work, beach house, an amazing rent controlled house has great cash flow but nearly all his assets die with him.

The Pension stops, rent control apt stops, his beach house is actually a family house owned by MIL which is communal so cant pass to his kid. He only had one kid.

In the US He would own at time of death, his own primary home mortgage free, his beach house mortgage free, had a large amount of 401k/IRA/Savings Account money save due to higher income. Maybe 2-4 cars or boat. The US is focused on Assets. Plus in Europe next to US the percentage of people who own stocks and real estate is way less. The 16 years has been a massive run up in Real Estate and Stock Prices. My relatives in Europe for instance missed the boat on that as well did a lot of my older european co-workers.

A plan old mid level VP in a Bank in US in DC area is retiring at 65 with two million in 401k/IRAs and a 1.5 million dollar home paid off. That's before any other savings. That 3.5 million would be shocking to a European for a bank VP to have. And if that bank VP dropped dead day one of retirement his wife and kids get it. My old boss with his rental and defined pension lives the high life but he is really passing on nothing much to next generation.

The overwhelming majority of the people in the US do not leave anything to their kids. You live in a bubble. Again, compare someone who is working as an admin in a small town making $40,000/year to your friend in Germany. They'll be lucky to have enough to pay for funeral insurance.

You can definitely support this by considering statistics that look at net worth for all age groups.

But no, there are actually many, many people in the US with sizeable assets especially if you only look at the elderly population. It’s true that the average European does not have assets. They have a pension and other benefits from the government.

For example:

For The baby boomer generation is the wealthiest in U.S. history, with an average net worth of $1.2 million per person. This high average is likely due to some baby boomers (born from 1946 to 1964) having extreme wealth, which skews the numbers. Regardless, it’s clear that tens of millions of dollars will be inherited by younger generations, particularly millennials (born from 1981 to 1996), over the next few decades.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

European here. Yes, vacations are cheaper but much nicer. I can ski in Europe at 1/2 price of Colorado with better amenities and incredible food. I can go to Greece or Spain and spend a fraction and not have to deal with Floridians. There is a ton of flexibility at work. And absolutely not about opulence. In France, women dress like Americans can only dream. I don't know a ton of women here who can afford nice clothes or jewelry, because of the oppressive cost of living. There, everyone goes to spas and gets their hair done all the time, it's not a luxury. Here, grooming is so expensive. For healthcare, most people have private insurance too, which is very affordable with zero wait time.
People eat out all the time, because kitchens are small, restaurants are affordable, and most work places have vouchers for eating out.
A huge negative thing about Europe is total hate and discrimination towards overweight people.

Right but salaries are 50% less with higher taxes. That’s why it’s not that expensive to ski in Austria!

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

European here. Yes, vacations are cheaper but much nicer. I can ski in Europe at 1/2 price of Colorado with better amenities and incredible food. I can go to Greece or Spain and spend a fraction and not have to deal with Floridians. There is a ton of flexibility at work. And absolutely not about opulence. In France, women dress like Americans can only dream. I don't know a ton of women here who can afford nice clothes or jewelry, because of the oppressive cost of living. There, everyone goes to spas and gets their hair done all the time, it's not a luxury. Here, grooming is so expensive. For healthcare, most people have private insurance too, which is very affordable with zero wait time.
People eat out all the time, because kitchens are small, restaurants are affordable, and most work places have vouchers for eating out.
A huge negative thing about Europe is total hate and discrimination towards overweight people.

Right but salaries are 50% less with higher taxes. That’s why it’s not that expensive to ski in Austria!

The point you are trying to make escapes me.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

You have no idea what you’re talking about. I am European who grew up there and whose sister still lives in Italy. My sister and her husband work and make a lot less than I do, but they take a couple of vacations every year, have a house, two cars. They also have an amazing health system, much better food, they come home for a couple of hours every day for lunch, spend a lot more time with their child.

No, they don’t hire someone to clean their house, or to mow their lawn, but it’s hardly a justification for the hamper wheel we have here. I lived and worked in both, you make more money here but at a great cost.

Also lived in Western Europe (and at one point Eastern). Agree with this sentiment completely.

The capitalist mindset is very focused on false “choice,” IMHO. And it’s not made anyone any happier or healthier in this country.

But downside they are stealing from their children and grandchildren to fund the lifestyle. Meaning my old boss in Germany with Free Healthcare, a great pension from Work, beach house, an amazing rent controlled house has great cash flow but nearly all his assets die with him.

The Pension stops, rent control apt stops, his beach house is actually a family house owned by MIL which is communal so cant pass to his kid. He only had one kid.

In the US He would own at time of death, his own primary home mortgage free, his beach house mortgage free, had a large amount of 401k/IRA/Savings Account money save due to higher income. Maybe 2-4 cars or boat. The US is focused on Assets. Plus in Europe next to US the percentage of people who own stocks and real estate is way less. The 16 years has been a massive run up in Real Estate and Stock Prices. My relatives in Europe for instance missed the boat on that as well did a lot of my older european co-workers.

A plan old mid level VP in a Bank in US in DC area is retiring at 65 with two million in 401k/IRAs and a 1.5 million dollar home paid off. That's before any other savings. That 3.5 million would be shocking to a European for a bank VP to have. And if that bank VP dropped dead day one of retirement his wife and kids get it. My old boss with his rental and defined pension lives the high life but he is really passing on nothing much to next generation.

Someone who gets it. The average European doesn’t own much of anything. One of my friends visited from a European country and was shocked to hear about someone buying a small home in cash. He wasn’t even familiar with a concept like that. A large percentage of American homes aren’t mortgaged.

European social benefits support and encourage a welfare state where an individual does not amass any personal wealth.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Work isn’t the most important thing in life. If you don’t know that now, you’ll likely realize it on your deathbed.

+1.

European work culture has it right.

Not if you want to actually earn money.

Incorrect. My entire family is in Europe and they make really good money. My H works for an international company and the European are getting paid very well. Americans are buried in debt, the net worth here is actually pretty low.

Exactly. Most Americans have been sold this BS that you have to hustle non-stop in order to make money because that's the only thing that matters in life. Europeans in general have a much better sense of balance and their lives on average are much better than those living in 4000 sq ft houses in the US

If you say so. I personally don’t want to work 5 fewer hours a week so I can cram my entire family into a tiny house. Make fun of large American homes all you want, but they are way more comfortable, and pretty much every European would buy a larger home if they could afford it.

But ask them if they'd give up their work life balance for that bigger paycheck and house, and most would say no. Look at the happiest countries in the world. US doesn't even break the T20. Countries with generous leave make the Top20.

Eh those studies are biased and heavily dependent on how people consider happiness and what their standard is.

so, Americans have more sh&+ but they are still unhappy, work too much, and complain a lot compared to those other countries. Got it.

Don't forget fat. And all that sh* is poor quality. Working 10 hours, commuting 2 more so you can buy polyester at Macy's and overpriced diabetes medication. Don't get me started on the quality of the housing.

Have you even known any Europeans personally? Because I have and I don’t get the impression their lifestyle is much, if at all, better. I’ll give you they eat healthier food and there are fewer overweight people, but I myself am not friends with anyone who is grossly overweight and most people I know eat a healthy diet.

My European friends struggle with the same things as Americans and appear to have a lot less disposable income. What stands out the most is that two white collar professionals have a very limited income that doesn’t allow for outsourcing of any kind. So while they may have an extra 2 weeks of vacation than I do, they can’t afford to go out to dinner as a family, spend their extra time cleaning their house, and vacation by traveling to less expensive locations like Spain. My lifestyle looks opulent compared to theirs and almost embarrassing when they ask me questions about it.

It’s also anecdotal but my European friends appear to have a lot less flexibility at work. I get the impression it’s much more clock in/out mentality and the need to meet every rule, but not a common sense approach to work.

A lot of the advantages they have you could also apply here. You could live in a 1,100 square foot home and commute to work via bus or bike. You could shop at farmers markets and buy less stuff. Here you have the choice.

European here. Yes, vacations are cheaper but much nicer. I can ski in Europe at 1/2 price of Colorado with better amenities and incredible food. I can go to Greece or Spain and spend a fraction and not have to deal with Floridians. There is a ton of flexibility at work. And absolutely not about opulence. In France, women dress like Americans can only dream. I don't know a ton of women here who can afford nice clothes or jewelry, because of the oppressive cost of living. There, everyone goes to spas and gets their hair done all the time, it's not a luxury. Here, grooming is so expensive. For healthcare, most people have private insurance too, which is very affordable with zero wait time.
People eat out all the time, because kitchens are small, restaurants are affordable, and most work places have vouchers for eating out.
A huge negative thing about Europe is total hate and discrimination towards overweight people.

Right but salaries are 50% less with higher taxes. That’s why it’s not that expensive to ski in Austria!

The point you are trying to make escapes me.

That a European ski vacation actually isn’t that inexpensive for your average white collar worker. It’s actually more expensive in purchasing power than for an American white collar worker.

[Anonymous]

Europe at this point is like a giant theme park for Americans. No real work gets done there.