Anonymous wrote:I'm also an elder millennial (1982) and I don't get this. Millennials are too big of a "generation" span, and many are in their very late 20s or in their 30s. They're not Netflix originals characters. They're going to work at a 9-5 (or a 9-7) and getting coffee 6 days a week and returning home at the end of the day, many to a spouse or kids.
I have a 10 year old so my life is not as your describe, and come to think of it, I don't really know other millennials like that either.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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
$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.
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.
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.
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.
Anonymous wrote:This was my husband and I back in our 20s before kids. We are late millennials (1983). We lived in the city and do weekly happy hours and dinners out. One car payment and a very expensive apartment and student loans. HHI in our late 20s/early 30s before kids was around $200-250k.
Now we are in our kid 30s with two kids and live in Virginia in a sfh. HHI is now $450k.
Anonymous wrote:Anonymous wrote: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
Well I’m a gen Xer and this is exactly how me and my friends used to live when we were 20 somethings in Dc back in the late 99’s-early 2000’s. Of course minus the big student loan. And we had the basic cell phone but other than that our money was spent on similar things. Guess we ‘re not all that diffierent after all. Except we didn’t complain and whine about it.
Anonymous wrote: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
Anonymous wrote:$80-100K for the individual
Anonymous wrote:Anonymous wrote:Anonymous wrote:Based on my UMC millennial friends that list is a little cheap
Rent- a hip and trendy neighborhood like Logan Circle: $2500
Utilities- basic stuff with Netflix, hulu, amazon prime subscriptions
Gym membership- $100-$150
Travel- $10k-$20k 2-3 international trips + weekend trips
Yup, we are UMC DINK late 20s millennials and this is us and most of our friends. Would add in dog / pet costs of a few hundred a month (dog daycare $35 a day), almost all our friends have dogs. The travel in particular -- multiple international trips and weekend trips (so many weddings) are the norm and our largest discretionary expense. 400K HHI.
What do you do?
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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
$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.
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.
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.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote:Anonymous wrote: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
$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.
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.
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.
Anonymous wrote:Anonymous wrote:Anonymous wrote: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
$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.
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.
Anonymous wrote:Anonymous wrote:Based on my UMC millennial friends that list is a little cheap
Rent- a hip and trendy neighborhood like Logan Circle: $2500
Utilities- basic stuff with Netflix, hulu, amazon prime subscriptions
Gym membership- $100-$150
Travel- $10k-$20k 2-3 international trips + weekend trips
Yup, we are UMC DINK late 20s millennials and this is us and most of our friends. Would add in dog / pet costs of a few hundred a month (dog daycare $35 a day), almost all our friends have dogs. The travel in particular -- multiple international trips and weekend trips (so many weddings) are the norm and our largest discretionary expense. 400K HHI.
Anonymous wrote:Based on my UMC millennial friends that list is a little cheap
Rent- a hip and trendy neighborhood like Logan Circle: $2500
Utilities- basic stuff with Netflix, hulu, amazon prime subscriptions
Gym membership- $100-$150
Travel- $10k-$20k 2-3 international trips + weekend trips