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Reply to "Price the stereotypical "Basic Millennial" lifestyle"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]Curious what it would say about the millennial stereotype of being entitled/spoiled/too many lifestyle demands for what they work for. And yes, as an elder millennial myself, I am perfectly aware that many millennials do NOT live like this. It's stereotyping how people THINK millennials live, or what's marketed to them. - Apartment near a metro station in Adams Morgan, Arlington or DTSS. Shared with one roommate or partner. No children. - No car, uses transit + a handful of uber or lyft trips. - Student loan payments of say, $300/month. - iPhone + unlimited data. - Utilities including fios and Netflix, Hulu, and HBO NOW, split with roommate or partner. - Gym membership with trendy yoga/pilates/barre classes. - Twice a week Pumpkin Spice Lattes at Starbucks or fancy hipster coffee shop. - Twice a week fast-casual or office-cafeteria lunches. - Weekly brunch with bottomless mimosas. - Groceries from a "normal people" store like Safeway, Aldi, or Giant...supplemented by farmers market produce. - Weekly happy hours. - Yearly vacation (international flight, but with lower-cost hostel. Some shopping, mixed restaurants and street food, drinking/going out). - Weekly "night out on the town" involving a few drinks and a Lyft ride - Semi-yearly wardrobe updates of professional and "athleisure" clothing. -Whatever else you can think of that fits[/quote] $90k a year, or $180k with a partner. But this is if you save very little of your money. My bf and I make about $200k a year together and we do like half of that stuff. It's nicer to see savings/retirement steadily climbing.[/quote] I feel like we're at a pretty f*cked up place in our society when twice a week cafeteria style fast casual lunches is considered some major extravagance. The only actually luxurious thing on this list is the fancy gym. Ooh takeout coffee twice a week - how dare anyone spend $11 on a delicious treat.[/quote] Nobody said that line item was extravagant. The amalgamation of ALL those items above is extravagance. It's all about priorities. If weekly lunches and bar nights are important to you, by all means, go for it. But cut back else where. You can't have everything unless you're making fu money.[/quote] But they don’t have everything. The example above includes a housemate and doesn’t have a car. In DC, that’s a month, depending on variables. Even at the low end, that’s enough to pay for lunches, happy hours, brunches, coffee, and fancy gym memberships. [/quote] Meant to say that housemates/no car is saving $600-$1500 a month. Not sure how that got cut out. [/quote]
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