Reply to I know why Millenials can't afford houses and pay off their student loans..

Forum Index » Money and Finances

Reply to "I know why Millenials can't afford houses and pay off their student loans.."

Subject:

Emoticons





More smilies

Text Color: Font: Close Marks

[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Took a field trip to Union Market this weekend.  Filled with [b]young people looking very spiffy, drinking $5 coffees and buying things like $30 candles and locally sourced food that is 2x the price of Safeway.[/b]  There was a stall there selling $200+ Japanese knives.  All this 'everyday luxury' is killing you guys.  [/quote]

Guess that's why all the "working poor" in rural America can't afford anything either:  They're busy blowing it on $5 coffees and smelly candles.[/quote]

Yep.  If only they would stop buying caviar with their foodstamps.

OP you've cracked the case. [/quote]

OP may be off regarding buying a home and paying for college (those are not millenial issues--those are [i]struggling[/i] middle class issues), but he/she is on to something...
There is not enough prioritization when young people start making money.  Too often luxury items are confused with or are treated as daily necessities.  One example: my niece (millenial) just moved back home--but she is leasing a car!  I suggested she buy a daily driver for $2k  and forget the monthly payment.  Living in her parents' home while driving a jeep looks better to her than sharing an apartment and driving a 15 year old honda.[/quote]

So she doesn't want to drive a crappy Honda. Why should she gave to? Because you do?[/quote]

Smart. She does not have to share an apartment with roomates, saves a ton of money, and drives a car that will not need maintenance. Seems to me she probably nets more than the person sharing crappy apartment and driving crappy, unreliable car.[/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