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Old 03-20-2019, 08:48 AM
 
Location: New Yawk
9,196 posts, read 7,184,002 times
Reputation: 15313

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Quote:
Originally Posted by charolastra00 View Post
I look at my parents. When my dad was my age 30 years ago, he made slightly more than I make now adjusted for inflation and had a condo, two cars, a stay at home wife, and two kids. He had only a high school diploma and was working in a job that today would require an MBA from a top school to even get a glance from a hiring committee. He worked 9-5, then came home. We went on yearly vacations as a family and my mom would additionally take my brother and I to visit relatives for an additional vacation. We were the first in our neighborhood to have a computer, and then a few years later we were the first to have internet. My parents didn't have side hustles - they didn't need them to live a comfortable life on my dad's income.

Contrast that with me. I have a master's degree and a job that didn't even exist 10 years ago, so I'm constantly learning on the job and in my free time to be competitive. I live in the same region as my parents did, but had to move further out in the suburbs and live in a 1 bedroom apartment. There's no chance of buying even a dumpy condo due to the cost, and forget supporting a spouse, much less two children. Thankfully I don't have student loans or I would likely still need to live with roommates in my 30s as many of my peers who work in professional fields do. I have multiple side hustles, including helping my boyfriend with his multi-million dollar side-hustle-turned-full-time-business. And yet even with a huge revenue stream, most of that money goes toward paying off student loan debt. Just law school alone resulted in a 6 figure loan balance - and he started his side hustle to pay for his living expenses! Even with my side hustles, I'm limited because I've never worked a job where I could just work 9-5 and then leave and not think about work until I came in the next day. That seems typical of most of my peers.

Millennials as a generation have a higher percentage who will have a lower standard of living than their parents than any living past generation while at the same time having higher educational attainment and a more technical work landscape. Yes, that is stressful. Maybe that experience makes traffic getting into work just a little bit harder to deal with.
Right, but it all comes down to income level and the murky definition of "survival". I grew up in a singe-parent, single-income household 30+ years ago, and even as a skilled tradesman my father struggled to eke out a living. We lived in cruddy apartments, drove bomb cars, and luxuries like vacations, cable TV, or hell, even a babysitter, were foreign concepts. A second income would have made a world of difference even back then.
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Old 03-20-2019, 08:55 AM
 
45,680 posts, read 23,815,156 times
Reputation: 15558
Quote:
Originally Posted by randomparent View Post
Geez, is this thread still going on? Look up the company who administered the poll and on whose behalf they did it. Y’all have been trolled, and you fell for it hook, line, and sinker.
While I agree with this and basically said the exact same thing...it is interesting to see how different the views are on millenials and their challenges.
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Old 03-20-2019, 09:04 AM
 
Location: On the Chesapeake
44,889 posts, read 59,882,454 times
Reputation: 60433
Quote:
Originally Posted by Ginge McFantaPants View Post
Right, but it all comes down to income level and the murky definition of "survival". I grew up in a singe-parent, single-income household 30+ years ago, and even as a skilled tradesman my father struggled to eke out a living. We lived in cruddy apartments, drove bomb cars, and luxuries like vacations, cable TV, or hell, even a babysitter, were foreign concepts. A second income would have made a world of difference even back then.
The " one income to raise a family" was historically true for just one generation, the WW II one right after the war. That generation, contrary to skewed perceptions, was not made up of Baby Boom adults but rather those who were born around 1920 or so and came to adulthood 1940-45.

And even for those many had both husband and wife working.
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Old 03-20-2019, 09:08 AM
 
13,608 posts, read 20,661,532 times
Reputation: 7614
I think we have reached Peak Millennial.

A good many of them are pushing 40 now. Either they learn to live life or accept their self-fulfilling prophecy of embraced idiocy.
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