JetFueledThoughts
Superstar
I was only referring to the coli mentality. Nothing outside of this website
A Lot of (White) Millennials Get Significant Financial Help From Their Parents
- Thread starter The_King_of_Everything
- Start date
I was only referring to the coli mentality. Nothing outside of this website
beenz
Rap Guerilla
I'm black and my parents pay for everything.
I guess it depends on how much money they have to give.
They don't pay for the little extra stuff that I want sometimes. They can, but they just don't want to. They don't think it's important or something that I need/should have. I'm going to pay for those things by myself. Then they're going to ask me what I'm doing with my money and be upset that I'm spending it. & maybe they'll pay for those things too. Idk. We'll see.
how are you gonna be an adult when you have no responsibility? they don't think it's important for a grown up to be able to pay their own bills and support themself????
That's all they do, the government has been giving them land grants, loans, subsidies, all this shyt, you know, things that weren't given to Black folks. It's easier to create generational wealth like that. I can't stand when cacs get on TV talking about you gotta pull yourself up by your own bootstraps, knowing damn well you don't create wealth by working your ass off like a goddamn slave your whole life. shyt we've been following that formula and we're still in the dirt.
beenz
Rap Guerilla
as for me, I have been on my own since I was 22 and graduated college. but even when I was in college, I was on partial scholarship, and had a job that allowed me to pretty much pay most of my monthly bills (not tuition).
I lived off campus in a 4 BR apartment. that crib only cost $750 a month, so we were only paying $250 a month each for rent. we had a 4th roommate for a while that would pay us $200 a month to get that last BR.
over 10 years later, I have had ups and downs with shytty jobs and shytty cribs, but kept grinding, saving, and living within my means and getting better jobs. now, I'm bout to close on my 2nd house next wednesday and then have the current house I own rented out to my wife's cousin as an income property which I can use to subsidize my new house's mortgage. and yeah, I did it by myself.
all I need is the wife to step it up and get a new job cuz she's gonna be done with her ph d this spring, so we can really start living this black huxtable lifestyle. and of course I'll still be driving a 10+ year old car as well
I lived off campus in a 4 BR apartment. that crib only cost $750 a month, so we were only paying $250 a month each for rent. we had a 4th roommate for a while that would pay us $200 a month to get that last BR.
over 10 years later, I have had ups and downs with shytty jobs and shytty cribs, but kept grinding, saving, and living within my means and getting better jobs. now, I'm bout to close on my 2nd house next wednesday and then have the current house I own rented out to my wife's cousin as an income property which I can use to subsidize my new house's mortgage. and yeah, I did it by myself.
all I need is the wife to step it up and get a new job cuz she's gonna be done with her ph d this spring, so we can really start living this black huxtable lifestyle. and of course I'll still be driving a 10+ year old car as well
beenz
Rap Guerilla
I have mentioned this numerous times. my white friend has damn near $1M in savings, and when he left his last job, he immediately moved out of his apartment downtown back to moms crib in order to find a new job. and this dude is in his 30's with more than enough means to buy or rent anything he wants.
beenz
Rap Guerilla
beenz
Rap Guerilla
why didn't u just go to the army first and then use the GI bill to pay for college essentially for free?
sounds like a
beenz
Rap Guerilla
sounds like a
his moms has a big house to herself, so I guess she don't really mind. and the house is paid for.
Scott Larock
Its hard leaving thecoli but I gotta find a way...
They be freelance web designers, married with kids making 25k a year.. lol
"I'm very fortunate": How much an intern and shoe store worker makes, and how she spends it
“I’m very fortunate”: How much an intern and shoe store worker makes, and how she spends it
Who: Emily Smibert, 25
What she does: Editorial intern for a trade beauty publication during the week, sales associate at a boutique shoe store on the weekend, and freelance writer on the side. She’s also enrolled in the Magazine and Web Publishing certificate program at Ryerson University.
What she makes: About $800 for work related to her internship, and about $7,000 annually at the shoe store. Her parents contribute around $39,500 annually. (“I’m very fortunate to have a family that’s able to support me.”)
Some of how she spends it: Rent on her 11th floor apartment at York and Queens Quay: $1,700 monthly. Tenant’s insurance: $281.88 annually. Cellphone: $94 monthly. Internet: $70monthly. Hydro: $50 monthly. ViaRail Unlimited Semester Pass, primarily for travel between Toronto and London, where her parents live: $563.87, twice a year. (“It pays for itself in five round trips.”) Personal maintenance and self-care, including manicures: $250 monthly. Tuition: $4,497 since September.
What she bought in one week: Groceries at Longos: $78.46. (“Avocado chicken salad is my go-to dish.”) Three Uber trips: $56. Soup and water from Tim Hortons: $3.19. (“There was a homeless woman on the street and I went in to buy her soup and bottled water, but when I came out, she was gone.”) Chicken tikka masala dinner with a friend, delivered from Bindia: $37. An album by Hillsong United, a Christian rock band, from iTunes: $15. Two lightbulbs and a new toothbrush: $18. (“I change my toothbrush every couple weeks.”) Fluttered Fete Midi Skirt in ballet pink from Anthropologie: $201.95. (“I’ve lost 95 pounds over the last five years, so season to season my clothes don’t fit.”) Waxing, eyelash extensions, and manicure from P&H Salon: $157.42. Chips and candy for a board game night with friends: $9. Brunch at Bobbette and Belle: $20.74. Grande iced caramel Frappucino light and bistro box from Starbucks: $13. Sandwich and shift treats for co-workers, from Brick Street Bakery: $17.34.
lowkey can't hate, would probably end up the same way if I was raised like her.
“I’m very fortunate”: How much an intern and shoe store worker makes, and how she spends it
Who: Emily Smibert, 25
What she does: Editorial intern for a trade beauty publication during the week, sales associate at a boutique shoe store on the weekend, and freelance writer on the side. She’s also enrolled in the Magazine and Web Publishing certificate program at Ryerson University.
What she makes: About $800 for work related to her internship, and about $7,000 annually at the shoe store. Her parents contribute around $39,500 annually. (“I’m very fortunate to have a family that’s able to support me.”)
Some of how she spends it: Rent on her 11th floor apartment at York and Queens Quay: $1,700 monthly. Tenant’s insurance: $281.88 annually. Cellphone: $94 monthly. Internet: $70monthly. Hydro: $50 monthly. ViaRail Unlimited Semester Pass, primarily for travel between Toronto and London, where her parents live: $563.87, twice a year. (“It pays for itself in five round trips.”) Personal maintenance and self-care, including manicures: $250 monthly. Tuition: $4,497 since September.
What she bought in one week: Groceries at Longos: $78.46. (“Avocado chicken salad is my go-to dish.”) Three Uber trips: $56. Soup and water from Tim Hortons: $3.19. (“There was a homeless woman on the street and I went in to buy her soup and bottled water, but when I came out, she was gone.”) Chicken tikka masala dinner with a friend, delivered from Bindia: $37. An album by Hillsong United, a Christian rock band, from iTunes: $15. Two lightbulbs and a new toothbrush: $18. (“I change my toothbrush every couple weeks.”) Fluttered Fete Midi Skirt in ballet pink from Anthropologie: $201.95. (“I’ve lost 95 pounds over the last five years, so season to season my clothes don’t fit.”) Waxing, eyelash extensions, and manicure from P&H Salon: $157.42. Chips and candy for a board game night with friends: $9. Brunch at Bobbette and Belle: $20.74. Grande iced caramel Frappucino light and bistro box from Starbucks: $13. Sandwich and shift treats for co-workers, from Brick Street Bakery: $17.34.
lowkey can't hate, would probably end up the same way if I was raised like her.
should spend more of it on a gym membership and some plastic surgery"I'm very fortunate": How much an intern and shoe store worker makes, and how she spends it
“I’m very fortunate”: How much an intern and shoe store worker makes, and how she spends it
Who: Emily Smibert, 25
What she does: Editorial intern for a trade beauty publication during the week, sales associate at a boutique shoe store on the weekend, and freelance writer on the side. She’s also enrolled in the Magazine and Web Publishing certificate program at Ryerson University.
What she makes: About $800 for work related to her internship, and about $7,000 annually at the shoe store. Her parents contribute around $39,500 annually. (“I’m very fortunate to have a family that’s able to support me.”)
Some of how she spends it: Rent on her 11th floor apartment at York and Queens Quay: $1,700 monthly. Tenant’s insurance: $281.88 annually. Cellphone: $94 monthly. Internet: $70monthly. Hydro: $50 monthly. ViaRail Unlimited Semester Pass, primarily for travel between Toronto and London, where her parents live: $563.87, twice a year. (“It pays for itself in five round trips.”) Personal maintenance and self-care, including manicures: $250 monthly. Tuition: $4,497 since September.
What she bought in one week: Groceries at Longos: $78.46. (“Avocado chicken salad is my go-to dish.”) Three Uber trips: $56. Soup and water from Tim Hortons: $3.19. (“There was a homeless woman on the street and I went in to buy her soup and bottled water, but when I came out, she was gone.”) Chicken tikka masala dinner with a friend, delivered from Bindia: $37. An album by Hillsong United, a Christian rock band, from iTunes: $15. Two lightbulbs and a new toothbrush: $18. (“I change my toothbrush every couple weeks.”) Fluttered Fete Midi Skirt in ballet pink from Anthropologie: $201.95. (“I’ve lost 95 pounds over the last five years, so season to season my clothes don’t fit.”) Waxing, eyelash extensions, and manicure from P&H Salon: $157.42. Chips and candy for a board game night with friends: $9. Brunch at Bobbette and Belle: $20.74. Grande iced caramel Frappucino light and bistro box from Starbucks: $13. Sandwich and shift treats for co-workers, from Brick Street Bakery: $17.34.
lowkey can't hate, would probably end up the same way if I was raised like her.
as for me, I have been on my own since I was 22 and graduated college. but even when I was in college, I was on partial scholarship, and had a job that allowed me to pretty much pay most of my monthly bills (not tuition).
I lived off campus in a 4 BR apartment. that crib only cost $750 a month, so we were only paying $250 a month each for rent. we had a 4th roommate for a while that would pay us $200 a month to get that last BR.
over 10 years later, I have had ups and downs with shytty jobs and shytty cribs, but kept grinding, saving, and living within my means and getting better jobs. now, I'm bout to close on my 2nd house next wednesday and then have the current house I own rented out to my wife's cousin as an income property which I can use to subsidize my new house's mortgage. and yeah, I did it by myself.
all I need is the wife to step it up and get a new job cuz she's gonna be done with her ph d this spring, so we can really start living this black huxtable lifestyle. and of course I'll still be driving a 10+ year old car as well
If you graduated before 2002, you had an easier life to move out. You could never do that post 2009 economy, no matter what major you are in. Hate to say this, but Gen X who graduated early from school (before 2000) had a great time and had little loans and lower cost of living.
Gen Y have to move home and stack $$$ for at least a few years. Black (American) families have this outdated 70s concept where you have to be on your own at 18 and ball outta control. That is now killing us in creating wealth and some outright dropped off of the wealth building race altogether.
Word. Better to leave at 28 years old with over 120k in savings than to be 21 and broke and forced to move back at 23.
should spend more of it on a gym membership and some plastic surgery
when your parents treat you like a princess and you get male attention for just existing, i'm sure you become delusional. article says she recently lost 95 pounds though so good on her.
if i was her financial advisor, i'd suggest she move into a cheaper apartment and use the savings on some procedures 