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Reply to "Boomers' Billion-Dollar Bonanza: The Unseen Hoarding Behind Millennial Struggles"
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[quote=Anonymous][quote=Anonymous]Millennials are always complaining that they will never have the wealth of their parents. Think about this: M’s will spend $1000 on a cell phone plus $100/mos for service. We didn’t have cell phones when we were in our 30’s. M’s will spend $5+ a day at Starbucks. We didn’t spend the money because there wasn’t a Starbucks. M’s will spend hundred a month on all types of streaming services. We had CBS, NBC and ABC. They were free. M’s love Door Dash, Uber Eats and Instacart. We shopped at Safeway and cooked at home. Boomers money went to cover 7-10% mortgage rates. The one very big advantage that boomers had was much lower education debt. But our colleges didn’t have food courts, climbing walls, incredible athletic facilities etc etc. And most boomers were smart enough not to take out huge loans to major in something that employers don’t care about. [/quote] Get a Mint Mobile plan for $15 a month and buy a phone for $300 from ebay. Make coffee at home. Get an HD antenna. Cook at home. It's better for your health anyway.[/quote]
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