Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You should not be paying for your kid's college education.

What else am I going to do with all this money? (It's one of the best investments I can think of, plus I hold it against my parents that they didn't do it for me.)

Don't
That is totally useless.

You must be a troll.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:You should not be paying for your kid's college education.

What else am I going to do with all this money? (It's one of the best investments I can think of, plus I hold it against my parents that they didn't do it for me.)

Lol.wish it stopped with college. Husband is from one of those immigrant cultures where you buy "the kids" a house a present it to them on their wedding day. Still saving like crazy and I am never getting a new couch.

Your husband must be South Asian or Asian (I am). I get it!

Anonymous wrote:

Anonymous wrote:You should not be paying for your kid's college education.

What else am I going to do with all this money? (It's one of the best investments I can think of, plus I hold it against my parents that they didn't do it for me.)

Don't
That is totally useless.

Anonymous wrote:

Anonymous wrote:You should not be paying for your kid's college education.

What else am I going to do with all this money? (It's one of the best investments I can think of, plus I hold it against my parents that they didn't do it for me.)

Lol.wish it stopped with college. Husband is from one of those immigrant cultures where you buy "the kids" a house a present it to them on their wedding day. Still saving like crazy and I am never getting a new couch.

Anonymous wrote:You should not be paying for your kid's college education.

What else am I going to do with all this money? (It's one of the best investments I can think of, plus I hold it against my parents that they didn't do it for me.)

Anonymous wrote:

Anonymous wrote:You should not be paying for your kid's college education.

Good luck to your kid taking out the max $27k in loans if you won’t help. That might cover a year or two at Frostburg if they’re lucky.

It used to be doable
My elderly father is from a family of 7, post ww2 generation. They all went to college on loans and came out fine. I got a little help by living at home instead of campus.

There are some success stories, not as many as I think there should be. In many ways colleges have made it much harder for low income students to cut corners and save

Anonymous wrote:You should not be paying for your kid's college education.

Good luck to your kid taking out the max $27k in loans if you won’t help. That might cover a year or two at Frostburg if they’re lucky.

Anonymous wrote:What's an unpopular opinion you have in regards to money or personal finance?

Mine is that, contrary to the common (?) belief that people who have fancy lifestyles must be "swimming in debt", the majority of people living like that can afford it. In general, people make more or have much more money than you think, and if you think you are behind relative to your peer group, it's because you probably are.

Some opinions are not based in fact, though. We know the average household income to debt ratio. The odds are pretty good that people are living way beyond their means.

You should not be paying for your kid's college education.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unpopular opinion: None of us deserve what we have. Most people can do our jobs with two years of training, and most of us produce nothing of real value to society. The world would lose nothing if our individual professional contributions never occurred. We are fortunate to be in a part of the machine that provides us with some wealth, but we are all just passing the time pretending we matter.

+1 Lots more luck involved than work like people think

I think the only people around here providing real value are doctors and people doing technical work

Lawyers, don't get me started, finance are actually incentivized to reduce jobs, people in management don't do any real work most of the time, marketing Americans don't need to be buying more crap

No, technical people are some of the very worst. Because they have skills to build and maintain things of real value for people who need it, but most of their genius is spent building a bluetooth enabled cereal bowl, or microtargeting an advertisement for said cereal bowl. They build tons of crap that no one needs with resources that we don't have. The world would be far better off if the vast majority of technical innovation simply stopped and was rerouted towards maintenance and greater global distribution of existing technologies. But that won't happen. Instead we'll use all the rare earth minerals building bright digital billboards and delivery drone fleets that junk up the sky.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unpopular opinion: None of us deserve what we have. Most people can do our jobs with two years of training, and most of us produce nothing of real value to society. The world would lose nothing if our individual professional contributions never occurred. We are fortunate to be in a part of the machine that provides us with some wealth, but we are all just passing the time pretending we matter.

+1 Lots more luck involved than work like people think

I think the only people around here providing real value are doctors and people doing technical work

Lawyers, don't get me started, finance are actually incentivized to reduce jobs, people in management don't do any real work most of the time, marketing Americans don't need to be buying more crap

My job can be done in about 20 hours per week. The job is full-time because all of my predecessors were old and slow. Ageism is a thing, but unfortunately, young people often do things much, much faster for a variety of reasons.

This is true of many jobs without the age of the people involved--it's more a function of new tech making jobs faster. That's the whole automation replacing people trend.

Not really. In my experience, older people have difficulty adapting to very basic shifts in technology (like platform updates where dashboards look different or Excel moves functions, etc.). It’s not an insult, just the reality of being born into a computer economy versus learning like as an adult learns a second language.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unpopular opinion: None of us deserve what we have. Most people can do our jobs with two years of training, and most of us produce nothing of real value to society. The world would lose nothing if our individual professional contributions never occurred. We are fortunate to be in a part of the machine that provides us with some wealth, but we are all just passing the time pretending we matter.

+1 Lots more luck involved than work like people think

I think the only people around here providing real value are doctors and people doing technical work

Lawyers, don't get me started, finance are actually incentivized to reduce jobs, people in management don't do any real work most of the time, marketing Americans don't need to be buying more crap

My job can be done in about 20 hours per week. The job is full-time because all of my predecessors were old and slow. Ageism is a thing, but unfortunately, young people often do things much, much faster for a variety of reasons.

This is true of many jobs without the age of the people involved--it's more a function of new tech making jobs faster. That's the whole automation replacing people trend.

Anonymous wrote:

Anonymous wrote:Of course you need life insurance ..thinking otherwise is so bizarre..

I’m dropping life insurance in a few years at age 55. Our kids will all be through college and I will have sufficient wealth for my wife to live comfortably for the rest of her life if I drop dead.

Most people drop term life insurance around this age. It has clearly worked as intended, to bridge the gap between when you didn't have sufficient savings until you did.

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:Unpopular opinion: None of us deserve what we have. Most people can do our jobs with two years of training, and most of us produce nothing of real value to society. The world would lose nothing if our individual professional contributions never occurred. We are fortunate to be in a part of the machine that provides us with some wealth, but we are all just passing the time pretending we matter.

+1 Lots more luck involved than work like people think

I think the only people around here providing real value are doctors and people doing technical work

Lawyers, don't get me started, finance are actually incentivized to reduce jobs, people in management don't do any real work most of the time, marketing Americans don't need to be buying more crap

My job can be done in about 20 hours per week. The job is full-time because all of my predecessors were old and slow. Ageism is a thing, but unfortunately, young people often do things much, much faster for a variety of reasons.

Anonymous wrote:

Anonymous wrote:Unpopular opinion: None of us deserve what we have. Most people can do our jobs with two years of training, and most of us produce nothing of real value to society. The world would lose nothing if our individual professional contributions never occurred. We are fortunate to be in a part of the machine that provides us with some wealth, but we are all just passing the time pretending we matter.

+1 Lots more luck involved than work like people think

I think the only people around here providing real value are doctors and people doing technical work

Lawyers, don't get me started, finance are actually incentivized to reduce jobs, people in management don't do any real work most of the time, marketing Americans don't need to be buying more crap