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Old 08-26-2019, 12:30 PM
 
Location: Tennessee
24,202 posts, read 18,024,284 times
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https://www.theatlantic.com/ideas/ar...ession/596728/

After the devastating effects of the Great Recession, can Millennials get back on track toward economic success?
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Old 08-26-2019, 01:06 PM
 
26,378 posts, read 33,390,504 times
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There was an earlier thread on this same thing just recently.

I don’t think the article holds water given my sons income and mine, at his age. He’s much better off than I was.
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Old 08-26-2019, 01:08 PM
 
73,086 posts, read 72,913,868 times
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Same here ..all three of our kids and all three of their spouses earn much more then we did
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Old 08-26-2019, 01:16 PM
 
Location: East of Seattle since 1992, originally from SF Bay Area
30,325 posts, read 55,268,516 times
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Quote:
Originally Posted by mathjak107 View Post
Same here ..all three of our kids and all three of their spouses earn much more then we did
An ours similarly, along with their friends and others that we know and work with. I don't know who these millennial are that are in such dire financial condition, we just don't see it.
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Old 08-26-2019, 01:18 PM
 
815 posts, read 282,413 times
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They may earn more, but things cost more than they did back then. Plus debt. Did y'all even read the article?
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Old 08-26-2019, 01:23 PM
 
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Of course they didn't. They are always too busy telling everyone how wealthy they and their children are.
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Old 08-26-2019, 01:24 PM
 
73,086 posts, read 72,913,868 times
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Quote:
Originally Posted by gus2 View Post
They may earn more, but things cost more than they did back then. Plus debt. Did y'all even read the article?
They earn more then we retired at now
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Old 08-26-2019, 01:24 PM
 
3,811 posts, read 1,325,093 times
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Quote:
Originally Posted by ChessieMom View Post
There was an earlier thread on this same thing just recently.

I donít think the article holds water given my sons income and mine, at his age. Heís much better off than I was.
Quote:
Originally Posted by mathjak107 View Post
Same here ..all three of our kids and all three of their spouses earn much more then we did
How much debt do they have, and in what part of the country do they reside?
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Old 08-26-2019, 01:27 PM
 
73,086 posts, read 72,913,868 times
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Quote:
Originally Posted by citidata18 View Post
How much debt do they have, and in what part of the country do they reside?
One son is an attorney and had a load of student loan debt ..but paid it off from earnings ......they are In westchester ny.....the others are in New Jersey, and Howard beach queens in
Nyc .

I can’t say what their debt situation is , none of our business
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Old 08-26-2019, 01:30 PM
 
3,811 posts, read 1,325,093 times
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Quote:
Originally Posted by mathjak107 View Post
One son is an attorney and had a load of student loan debt ..but paid it off from earnings ......they are In westchester ny.....the others are in New Jersey, and Howard beach queens in
Nyc .

I can’t say what their debt situation is , none of our business
The fact that they earn more in absolute dollars means nothing if they're facing a much higher COL and/or debt load.
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