Wells Fargo ad about millennials eating out

[Anonymous]

Lol what hardships have boomers ever faced. Except not knowing how to use PDFs.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I hate those self serving ads by WF showcasing a millennial couple eating out several times a week (once at a food cart), and that being the prime reason they can’t afford downpayment on a house.

Such BS. It’s sky high rent, student loans, and medical insurance — not avacado today du jour

Maybe instead of offering sham financial counseling, they offer low fixed rate student consolidation loans.

I totally get what you're saying. Sky high rents and student loans are a problem for so many. But I also feel like a lot of millennials just do not know how to save. They are a generation who has never had to endure hardship. I'm not talking personal (family divorce, low income). I'm talking generationally (war, really bad economy). I think people who have been comfortable their entire life just don't know how to prepare for the worst. Eating out three or four times a week can mean a difference between an ok place to live and a nice one.

Who was the last generation to actually endure hardship as you define it? The boomers maybe? Definitely not Gen X; if anything Millennials have had it much harder (try graduating college in 2008 and competing with 40 year olds for entry level jobs).

Lol you silly millennials, acting like the only economic downturn was in 2008. Gen Xer here graduating in 2001, one of the few lucky ones to have a job offer in the fall, with a start date of Sept. 12 2001 in NYC. How do you think that went?

I mean, the last contest I want to win is "graduated into a worse economy" but come on.

[img]
https://www.nic.org/wp-content/uploads/2017/05/Civillian_unemployment_rate_5.5.17.png[/img]

2nd. If anything, 2001-PP, your difficult experience during 6% unemployment should give you MORE empathy for the experience of those who graduated into 10%+ unemployment, not less.

2001-PP here. The millennial asserted Gen X didn't endure hardship. The chart produced proved the opposite, Gen Xers like myself who graduated in the early 2000s definitely endured hardship with high unemployment. So in addition to being a whiny complaining bunch, millennials lack reading comprehension and critical thinking.

As for the empathy comment...guess what, this Gen-Xer and many others made a 2 year commitment to grad school in early 2008, literally right before Bear Stearns collapsed, followed by Lehman and then the whole economy. A main motivating factor was to get a grad degree to help accelerate earnings to make up for the hole we were in from graduating in the last recession. Guess what, it was an awful time to go to grad school and graduate in that same crappy economy with high unemployment that you all complain about. So, Gen X has had to endure the double whammy. Meanwhile, millennials have enjoyed the greatest bull run of all time - 10 years now - since 2009, and many are already millionaires due to a ridiculously frothy tech market. I would have loved to have the greatest bull run of all time all thru my 20s. Millennials have is good!

Tee hee, read again.

[Anonymous]

Anonymous wrote:Lol what hardships have boomers ever faced. Except not knowing how to use PDFs.

The draft and Vietnam war were pretty awful.

Stagflation was scary too, look at someplace like Venezuela.

[Anonymous]

LOL... just LOL... sorry you don't like being picked on for eating $9 avocados smeared on low gluten bread.

I'm a Xer/Millenial on the edge and can relate to both. But I'm grateful that I learned saving and investing skills akin to Xers instead of Millenials.

$9 a day towards your student loans is an extra $3000+ per year - definitely makes a dent. I graduated with about 50K in debt, and worked minimum wage jobs for a couple of years, and still managed to wipe all of the debt out within a decade. Mostly by... not eating out every day.... and yes I didn't buy a house until 10 more years past that (just this year).

[Anonymous]

Anonymous wrote:

Anonymous wrote:Lol what hardships have boomers ever faced. Except not knowing how to use PDFs.

The draft and Vietnam war were pretty awful.

Stagflation was scary too, look at someplace like Venezuela.

HIV was no joke.

[Anonymous]

Also if you can't afford the rent, move somewhere cheaper! If you can't find a job in a cheaper place, keep your DC job and move just a little further out. No, you won't get an Uber pass to your new place, you may need to take the bus or get a car, but at you won't have "sky high!!!" rent. Or get a cheap house with multiple roommates. Honestly in your 20s with no family responsibilities you can live ANYWHERE - this isn't hard. But you might have to give up the game room and rooftop pool.

And if your job doesn't cover most of your insurance, you doing something wrong. Also you can stay on your parents medical until 26 - so... really you're doing something wrong if that is what is bankrupting you.

Try again with some personal responsibility.

[Anonymous]

Anonymous wrote:Also if you can't afford the rent, move somewhere cheaper! If you can't find a job in a cheaper place, keep your DC job and move just a little further out. No, you won't get an Uber pass to your new place, you may need to take the bus or get a car, but at you won't have "sky high!!!" rent. Or get a cheap house with multiple roommates. Honestly in your 20s with no family responsibilities you can live ANYWHERE - this isn't hard. But you might have to give up the game room and rooftop pool.

And if your job doesn't cover most of your insurance, you doing something wrong. Also you can stay on your parents medical until 26 - so... really you're doing something wrong if that is what is bankrupting you.

Try again with some personal responsibility.

Yup, move further out to a less-popular neighborhood and get roommates. I lived in seven corners when I was in my 20's making $35k/year. Had a roommate. Ate a lot of black beans and quesadillas for dinner. Canned tuna for lunch.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I hate those self serving ads by WF showcasing a millennial couple eating out several times a week (once at a food cart), and that being the prime reason they can’t afford downpayment on a house.

Such BS. It’s sky high rent, student loans, and medical insurance — not avacado today du jour

Maybe instead of offering sham financial counseling, they offer low fixed rate student consolidation loans.

I totally get what you're saying. Sky high rents and student loans are a problem for so many. But I also feel like a lot of millennials just do not know how to save. They are a generation who has never had to endure hardship. I'm not talking personal (family divorce, low income). I'm talking generationally (war, really bad economy). I think people who have been comfortable their entire life just don't know how to prepare for the worst. Eating out three or four times a week can mean a difference between an ok place to live and a nice one.

Who was the last generation to actually endure hardship as you define it? The boomers maybe? Definitely not Gen X; if anything Millennials have had it much harder (try graduating college in 2008 and competing with 40 year olds for entry level jobs).

Lol you silly millennials, acting like the only economic downturn was in 2008. Gen Xer here graduating in 2001, one of the few lucky ones to have a job offer in the fall, with a start date of Sept. 12 2001 in NYC. How do you think that went?

I mean, the last contest I want to win is "graduated into a worse economy" but come on.

[img]
https://www.nic.org/wp-content/uploads/2017/05/Civillian_unemployment_rate_5.5.17.png[/img]

2nd. If anything, 2001-PP, your difficult experience during 6% unemployment should give you MORE empathy for the experience of those who graduated into 10%+ unemployment, not less.

2001-PP here. The millennial asserted Gen X didn't endure hardship. The chart produced proved the opposite, Gen Xers like myself who graduated in the early 2000s definitely endured hardship with high unemployment. So in addition to being a whiny complaining bunch, millennials lack reading comprehension and critical thinking.

As for the empathy comment...guess what, this Gen-Xer and many others made a 2 year commitment to grad school in early 2008, literally right before Bear Stearns collapsed, followed by Lehman and then the whole economy. A main motivating factor was to get a grad degree to help accelerate earnings to make up for the hole we were in from graduating in the last recession. Guess what, it was an awful time to go to grad school and graduate in that same crappy economy with high unemployment that you all complain about. So, Gen X has had to endure the double whammy. Meanwhile, millennials have enjoyed the greatest bull run of all time - 10 years now - since 2009, and many are already millionaires due to a ridiculously frothy tech market. I would have loved to have the greatest bull run of all time all thru my 20s. Millennials have is good!

Pot, kettle. You didn't endure any real hardship that Millennials didn't ALSO endure. You both had it pretty well. The defining characteristic of Gen X is feeling sorry for themselves and you are fitting the mold perfectly.

[Anonymous]

Anonymous wrote:I hate those self serving ads by WF showcasing a millennial couple eating out several times a week (once at a food cart), and that being the prime reason they can’t afford downpayment on a house.

Such BS. It’s sky high rent, student loans, and medical insurance — not avacado today du jour

Maybe instead of offering sham financial counseling, they offer low fixed rate student consolidation loans.

OMG +1 this is infuriating

[Anonymous]

Anonymous wrote:

Anonymous wrote:Also if you can't afford the rent, move somewhere cheaper! If you can't find a job in a cheaper place, keep your DC job and move just a little further out. No, you won't get an Uber pass to your new place, you may need to take the bus or get a car, but at you won't have "sky high!!!" rent. Or get a cheap house with multiple roommates. Honestly in your 20s with no family responsibilities you can live ANYWHERE - this isn't hard. But you might have to give up the game room and rooftop pool.

And if your job doesn't cover most of your insurance, you doing something wrong. Also you can stay on your parents medical until 26 - so... really you're doing something wrong if that is what is bankrupting you.

Try again with some personal responsibility.

Yup, move further out to a less-popular neighborhood and get roommates. I lived in seven corners when I was in my 20's making $35k/year. Had a roommate. Ate a lot of black beans and quesadillas for dinner. Canned tuna for lunch.

OP: "This system is broken and rigged against me and a large corporate keeps telling me that my situation would be different if I avoided spending $10/day on food out, which I don't do anyway"
All Other Posters: "BUT BOOTSTRAPS... TRY HARDER" ... "IT WAS EVEN HARDER FOR ME" ... "STOP WHINING" ... "GET FINANCIAL COUNSELING" ... "GET ON YOUR PARENTS' INSURANCE"

Lol. Y'all don't get it with your responses.

[Anonymous]

Why doesn't wells fargo focus on being less fraudulent instead of taking shots at millennials?

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:I hate those self serving ads by WF showcasing a millennial couple eating out several times a week (once at a food cart), and that being the prime reason they can’t afford downpayment on a house.

Such BS. It’s sky high rent, student loans, and medical insurance — not avacado today du jour

Maybe instead of offering sham financial counseling, they offer low fixed rate student consolidation loans.

I totally get what you're saying. Sky high rents and student loans are a problem for so many. But I also feel like a lot of millennials just do not know how to save. They are a generation who has never had to endure hardship. I'm not talking personal (family divorce, low income). I'm talking generationally (war, really bad economy). I think people who have been comfortable their entire life just don't know how to prepare for the worst. Eating out three or four times a week can mean a difference between an ok place to live and a nice one.

Who was the last generation to actually endure hardship as you define it? The boomers maybe? Definitely not Gen X; if anything Millennials have had it much harder (try graduating college in 2008 and competing with 40 year olds for entry level jobs).

Lol you silly millennials, acting like the only economic downturn was in 2008. Gen Xer here graduating in 2001, one of the few lucky ones to have a job offer in the fall, with a start date of Sept. 12 2001 in NYC. How do you think that went?

I mean, the last contest I want to win is "graduated into a worse economy" but come on.

[img]
https://www.nic.org/wp-content/uploads/2017/05/Civillian_unemployment_rate_5.5.17.png[/img]

2nd. If anything, 2001-PP, your difficult experience during 6% unemployment should give you MORE empathy for the experience of those who graduated into 10%+ unemployment, not less.

2001-PP here. The millennial asserted Gen X didn't endure hardship. The chart produced proved the opposite, Gen Xers like myself who graduated in the early 2000s definitely endured hardship with high unemployment. So in addition to being a whiny complaining bunch, millennials lack reading comprehension and critical thinking.

As for the empathy comment...guess what, this Gen-Xer and many others made a 2 year commitment to grad school in early 2008, literally right before Bear Stearns collapsed, followed by Lehman and then the whole economy. A main motivating factor was to get a grad degree to help accelerate earnings to make up for the hole we were in from graduating in the last recession. Guess what, it was an awful time to go to grad school and graduate in that same crappy economy with high unemployment that you all complain about. So, Gen X has had to endure the double whammy. Meanwhile, millennials have enjoyed the greatest bull run of all time - 10 years now - since 2009, and many are already millionaires due to a ridiculously frothy tech market. I would have loved to have the greatest bull run of all time all thru my 20s. Millennials have is good!

Pot, kettle. You didn't endure any real hardship that Millennials didn't ALSO endure. You both had it pretty well. The defining characteristic of Gen X is feeling sorry for themselves and you are fitting the mold perfectly.

Wait, what? This whole thread began with a millennial feeling sorry for him/herself. Gen Xers don't complain, they work hard and only get triggered by whiny millennials.

[Anonymous]

All the millennial hang ups are trash. I’m 28, make 200k + a year and work plenty hard. But all the entitled boomers being like back in my day we had to work so much harder.... bullshit. Back in your day hard work was like 30 hours a week plus 20 hours drinking whiskey with the old boys club.

[Anonymous]

Anonymous wrote:All the millennial hang ups are trash. I’m 28, make 200k + a year and work plenty hard. But all the entitled boomers being like back in my day we had to work so much harder.... bullshit. Back in your day hard work was like 30 hours a week plus 20 hours drinking whiskey with the old boys club.

This. Boomers are clueless. Gen Xers are cruel, probably due to jealousy. Especially enjoyed the Boomer aunt telling a couple on a HGTV show this AM (watching at the dentist) that they "shouldn't expect to get everything they want in their first house." B**ch, YOU are expecting young professional couples to pay top 2019 dollars for an unrenovated sh*t shack - but it was brand-spanking new (and affordable on one income!) when you bought it 50 years ago.

[Anonymous]

Nah. I am a millenial. A lot of my friends blow $400+ a month on eating out (8-10x of eating out). It's a huge budget buster.