Reply to Did everything right but still not upwardly mobile

Forum Index » Money and Finances

Reply to "Did everything right but still not upwardly mobile "

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous]I hate to break it to you, but you didn’t do everything right. How old were you when you bought your first house? How old were you when you bought your move up house?  Did you ever do a cash out refi?

What age did you start contributing to your 401k. What percent do you contribute now?

How much student debt did you graduate with? What is your career?

My guess is the error is in those questions. [/quote]

I hear the sound of intergenerational wealth who thinks they are awesome because they got from 3rd to home. [/quote]

I am more successful than I should be. Gen X. Better off than my own parents, as are my siblings. Lots of privilege - we grew up white, middle class, but not like "wealth passed down" as in house down-payment. I am interested in the generations behind me and what their experience has been. My feeling has been that my parents generation had it easy AF. As in  if you were white, male, and not successful, you must not have been thinking clearly. I guess retrospect is 20/20, but it looks to me like the path was laid and all you had to do was take it. I feel badly for the younger generations.. i think it's not like that for them at all, and especially not even nearly the same for minorities and black people in any generation. Yeah, we have black families with generational wealth, but imagine what that took. Wow![/quote]

Options

	Disable HTML in this message
	Disable BB Code in this message
	Disable smilies in this message

Review message

Search Recent Topics Hottest Topics