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[quote=Anonymous][quote=Anonymous][quote=Anonymous][quote=Anonymous]I find it so obnoxious that the older generation has so much freaking money compared to their kids, who have had to spend more money and time, are deeper in debt, can barely afford a decent house, etc. It was so much easier to save $$ 30 years ago! My MIL goes on and on about how her paycheck always went straight to savings and lectures us on living paycheck to paycheck. Well guess what, your rent back then was only 1/5 of your income!! That's impossible in a decent, safe, reasonable school area now! You didn't have to go to grad school for the same level job, only to graduate and be paid (when adjusted for inflation) way less!  OPs parents have the money for fancy trips, cars, houses BECAUSE their generation has made money OFF OURS! Look at the tuition increases alone. It's obscene.

So yes OP, I wouldn't be excited either. [/quote]

Such BS if I've ever heard....No they learned to save money for houses with the intent of paying them off. Didn't use them as atm's like most do today. They valued security and home ownership over cable, Iphones, latest computers, suv's, etc.

We live in the cheapest country compared to others.  If you can live within your means or below, shows you didn't manage your money well regardless of education.

They are retired and worked hard for their money, OP should be happy and proud of them!  
[/quote]

Amen Sister!
Anytime anyone says that they 'have to upgrade' or 'have to have cable' I laugh. NO, the hell you don't 'have' to have to do anything but pay taxes and die. 
Generation of entitlement .[/quote]

Lady, you've got to realize not everything lives like this.  My DH and I?  Married when I was 30 and he was 32.  We both have Master's degrees.  Paid for both ourselves.  One year later bought a TH in Herndon.  Have lived there ever since.   A few years ago refinanced to a 15-year mortgage to pay it off more quickly.  We both work.  Paid for infertility treatments ("undiagnosed infertility") out of pocket b/c insurance did not cover.  Then paid for two international adoptions.    Have two kids. We continue to work.  Both kids have SNs (b/c that is how adoptions from this country are).

To save money for all of the above, and to pay for grad school, no tv service in home until about two years ago.  Now, basic cable.  My cell phone is about 8 years old, a flip, and does not send or receive texts, only phone calls.  We had one car until we had cash for a second.  Now we have a 7yo and a 9yo car, both paid for with cash and we will drive them and maintain them as long as possible before we have cash for a new one.

Struggle, struggle, toil, and trouble.  Did my parents watch their pennies?  Sure they did.  They did not seem to have the barrels consistently thrown at them, though.  Good thing I am paying into Social Security though so I can at least count on that later.  Oh wait. . . .[/quote]

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