Army was never on my radar until they came to my school and started recruiting. I did however get a bonus for coming in somewhat trained(in trade) and also was promoted to a higher pay grade after basic.
A Lot of (White) Millennials Get Significant Financial Help From Their Parents
- Thread starter The_King_of_Everything
- Start date
no sht
ya don't say
ya don't say
Bruh, When my wife finally graduated and became an RN our life changed dramatically. She's pulling in 6 figures now.....and we are now free of debt, buying property. Investing. saving. travelling.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
shyt I couldn't even imagine growing up.
Wink Beaufield
Superstar
shyt man, we're still feeling the effects of redlining, home and business loan denials. The next new thing is gentrification.
Some of you brehs need to stop overgeneralizing black people and glorifying other races. It's like you look at the end result of their success and attribute all these positive attributes to them when all of the same things happen across America. The difference is really one's starting point. The white people who don't spend money on Js instead spend that money on a big family vacation, etc. The spending habits are not that different among different classes of people except that poor people spend most of their money on food.
Cabbage Patch
The Media scene in V is for Vendetta is the clue
Thats not true. Gen Xs tuition obligations and the explosion of the private tution scam which cannot be discharged preceded the 2008 implosion.
You're right in the last paragraph. Of course that made more sense during segregation when you only needed an Eighth grade education and factory jobs were more plentiful.
WhodatWhoadi
Naw
are we really trying though? seems like the black folk who get to the wealth are doing their best to marry out and eventually wipe out our ancestors melanin (as evidenced daily on the coli
)
beenz
Rap Guerilla
yeah my wife has finished her bachelors, and master's since we been together (she got sick originally in college and couldn't finish). so she's finishing up this ph d. I thought she should stop at the masters, but she wanted to continue on. the amount of savings from no longer paying college tuition plus hopefully the amount of income if she gets hired for a higher paying job should have us living good. that's all I need to make the cipher complete. both of our cars are paid off, I make good money now, and she should make great money in the near future. she should easily start running circles around me salary wise and I'm fine with that, cuz I have always made significantly more than her even tho she got more education than me.
If you graduated from college before 2001 (before 9/11) you were gucci. Some of my older cousins got good ass office jobs with Philosophy majors, starting salaries were 60k. He had a few loans, but he paid it off in mere months while secretly living with his moms. He moved out at 24 and been balling ever since.
Now, good luck without family assistance. that's what killing us and we didn't change our mentality since the recession. Because of that, some can't paid off their loans in their natural life.
Ha, your story sounds similar to mine.
yeah my wife has finished her bachelors, and master's since we been together (she got sick originally in college and couldn't finish). so she's finishing up this ph d. I thought she should stop at the masters, but she wanted to continue on. the amount of savings from no longer paying college tuition plus hopefully the amount of income if she gets hired for a higher paying job should have us living good. that's all I need to make the cipher complete. both of our cars are paid off, I make good money now, and she should make great money in the near future. she should easily start running circles around me salary wise and I'm fine with that, cuz I have always made significantly more than her even tho she got more education than me.
I was the primary breadwinner for all of our lives. Paying out of pocket to put her through school(she worked part time, but nothing significant). I was/am making decent money but she is making more than me now and I couldn't be happier.
I've already told my kids they can live with us through college and we will help them out as much as we can.
If they are in school they can live with us rent free. But if they drop out then they gotta pay rent and get a job.
But so far they both plan on finishing university/college ( my daughter wants to be a nurse now to).
I busted my ass and sacrificed alot of my youth and young adulthood to change my life so my kids didn't have to go through what I did.
When we travel back to our hometown....they hate it. They see the shytty places we lived, the shytty bums still doing fukk all.
beenz
Rap Guerilla
dog, I graduated college in 2000, and shyt was not sweet then for a black man. jobs weren't just there ripe for the picking. you still had to go out and get ur resume right, apply and hope you get a call. I also had student loan debt as well back then.
also my first job out of college was paying like 36K back then. by no means ballin. and then even after that, I had worse jobs that paid like 25K so I had to work 2 jobs for a while just to make ends meet with a kid on the way. thought I had another decent job by 04, but got laid off 3 months later.
it wasn't until literally the LAST day of my unemployment in 2005, that I got a job that I would end up staying at for like 7 years which got me on track to make decent money.
But it was easier then than now. That's just fact. Glad that you did well overall for yourself.
beenz
Rap Guerilla
"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.
she will never appreciate shyt, cuz she don't even have to work for it. she can afford to take "fun" jobs for little pay because she's so heavily subsidized by her parents. sounds like a good lifestyle if you can get it
beenz
Rap Guerilla
But it was easier then than now. That's just fact. Glad that you did well overall for yourself.
I have gotten jobs within the past few years, but you're right, I don't know how it is as a new grad going into the workplace.