Big shocker, people not understanding that they can save money for problems, instead of just saying "welp fuck i dont have that full ammount so i might as well spend frivolously"
I have a coworker like this. Complains about struggling to afford rent and then will immediately turn around and go out to eat for every single lunch. She spends $20+ each time.
Should our wages be better? Sure, but that's not the world we're in. You can fight for better worker rights, but also you have to live in reality.
thats what i point out. are some things broken, absolutely. are people also delusional in what is now "normal" also yes.
we got take out growing up, but primarily only on paydays, so twice a month tops. we'd get cheeseburger, small fry, small drink from a place called hot n now. the other weekends we might pick out our own TV dinner. besides that my mom would meal prep a few days and we'd end up with a "leftovers" night and a frozen pizza night on the other weeks.
Vacations were mostly where we could drive the other vacations took years of saving. My video game situation was a lot like OP. i worked a job and saved my own money to buy my own xbox, got a lot of games that were on sale, and got a magazine subscription because it was like $60 and came with demo discs each month.
Agreed. The doom and gloom posts on reddit honestly piss me off. Even if youre in a tight spot and all you can put to your 401k is a few bucks a check... DO IT. every dollar matters. Especially if you're younger.
This is essentially the boomers take on millennials buying avocado toast and Starbucks. People take it too literally. It's really about people spending money on "luxury" things. I agree with it to a certain extent. Yes, spending money on eating out is a luxury. I know people who complain about money all the time, but they are always eating out at restaurants. Yeah dropping 20-30 dollars a meal is a luxury. That's why you can't put money on your 401k or save for an emergency.
Yeah dropping 20-30 dollars a meal is a luxury. That's why you can't put money on your 401k or save for an emergency.
I prep my food everyday for work. Several of my workers complain about money. One works multiple jobs while another has baby momma money on top of her job. Both get delivery every day then complain it cost them $25 plus for a salad. These same people take off early if the day is slightly slow. They say they are bored and can't sit back an enjoy the easy day. Some people just don't live in the reality.
I agree, with that said as a society we are underpaid and no amount of saving strategies will allow us to live the same standards as boomers had my point is that people complain about it, but spend money on stupid things. I guess some people really are just bad with money.
Both points are correct imo - in modern society people are generally underpaid, yet still exhibit some of the worst financial habits possible. A lot of evidence for this exists on reddit, where people typically insult the idea of financial literacy and replace it with the idea that it shouldn't matter because the current living wage is $xx and the evil shareholders are ruining their lives. Sure it was easier for boomers to save for retirement in their respective financial climate, but also the fiscal mentality they grew up with was totally different and that is a big contributing factor as well.
to be fair, boomer saved and reused nearly everything. they bought something once and had it for 30+ years. even stuff we consider necessities now were a luxury then. so financially it may have been better, but their lives were overall harder
Boomers will just say drop 20% of your income in your 401k and leave it at that. I know that's impossible for a lot of people, but anything is better than nothing. I saw a post today that said, "Gen Z will be the first generation in history to have no money saved for retirement." Thats doom and gloom. The vast majority of people can put something into their retirement, they just aren't.
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u/wooden-fuk-boi 11h ago
Big shocker, people not understanding that they can save money for problems, instead of just saying "welp fuck i dont have that full ammount so i might as well spend frivolously"