Reply to Wells Fargo ad about millennials eating out

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Reply to "Wells Fargo ad about millennials eating out"

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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=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. [/quote]

Okay, let's say that people can save $400/month not eating out. $400 x 12 months = $4,800. That's going to help someone buy a $500k-1m house... how, exactly? [/quote]

x10 years - 48000... 10% down get a 80/10/10 loan.

Also, get a job on the weekends like waiting tables or catering or tutor kids for $50/hr.

Also, hon... you don't start in a $1M home..... you buy a starter home which is a piece of crap and you move when your kids start K.

Jeez, you guys are like... stupid AF.[/quote]

10 years? And how much does the cost of that house increase in 10 years? My god, you are really stupid if you missed the point here. And we aren't talking about starter homes... we're talking about dual income families with kids already who are struggling to afford a home and daycare and find time to go to work and see their children at some point.

This is why these discussions go nowhere. Because all the boomers see is avocado toast, instead of the reality. It's not JUST about toast or Starbucks or expensive homes. It's about job demands, student debt, health care costs, etc. [/quote]

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