Almost 40, No Career, 47k in Debt- 'I worked very hard and it didn’t pay off. It feels very unfair'

[Tookalossfellbackcameback]

I just can't feel bad for a brother making 70k and crying about life being unfair when I see black brothers and sisters making 40-50k and doing the damn thing.


If 70k is merely a "living wage" wherever you're at then my brother you need to MOVE.

 

[Michael's Black Son]

he needs to get tf out of Delaware asap. There are jobs that will hire him in major cities. shyt, get a room for a year. Pay off your debt then get a crib and continue to stack.

Idk if he'd be a good project manager but he might be decent at property management for a real estate company or just sticking to hotels in a better market.

unless he can get a big city remote job and stay there to live “cheaply”, he gotta get the fukk out and head to DC, NJ or NYC just to get his cash flow somewhat back to normal. Tons of boutique hotels here in the city and he can use the covid hotel story as a way to gain sympathy from a prospective employer to show that he stayed the course at a tough time

 

[African Peasant]

Just seen the dude also has 2 kids.

A lot of bad decisions.

 

[MikelArteta]

Hotel manager and speaks English could prob get a job at a resort and make good money

 

[EffYou]

40 years old, earns 70k, college educated, 45k debt, and 2 children

he better pull himself by the bootstraps and make it work, I know folks in worse conditions

 

[fifth column]

Better get a brick mf

Yo com’mon man

 

[Elim Garak]

Nevermind I see it's student loans.

 

[BeeCityRoller]

He can’t find affordable housing in Delaware?

His income disqualifies him from affordable housing for sure. Article doesn't mention what part of DE he lives but I'm assuming north near Wilmington or New Castle. In that case a decent 2 bedroom is going to run at least $1300+ after fees and utilities.

I say 2 bedrooms because he has daughters, which also means he's probably paying child support, part of their health insurance premiums, and their food/outings when they are with him. After taxes and making minimum payments on his Student Loans + Credit Cards he wouldn't have much left.

 

[GoAggieGo.]

That’s not even a deep hole he in.

First, he needs to cut this “unfair” talk out. Life ain’t fair. Good things happen to bad ppl, and bad things happen to good ppl. The situation he’s in is mostly his doing. With that said, with a little hard work and planning, he can get back on track. It’s not too late.

Also, I hope he’s done with schooling. Last thing he needs to do is add more debt

 

[Eastside Get The Money]

So looks to me that probably has major spending and credit card use issues in his younger days, probably on child support, and going back to school that late in the game will hurt your pockets.

On the real all I see is someone who works in hospitality who has been hit hard by the pandemic. Him calling $70k, benefits, and all the amazing perks you get working for a hotel in Delaware just a “living wage” made me not even care about his situation anymore

 

[Admiral Ackbar]

Valuable lesson


Should have got an LLC

Or took up Brazilian Jiu-Jitsu

 

[Art Barr]

Wtf you quit for. Never leave a job until you got your next job. Then you take all your PTO days and have a nice lil vacation before you start your new job. shyt I be on USAjobs, Indeed and LinkedIn at work when I’m bored. Just keeping my eye on the streets.

I hope not on your company's ip.
They can and will fire you for that.

Art Barr

 

[8WON6]

Millennial wages continued to be stagnant for years after that even once employment rates recovered. In fact, millennials earn about 20% less than baby boomers did at the same age, despite being a better-educated generation overall, according to a 2019 report from the nonpartisan think tank New America.

 

[Squirrel from Meteor Man]

he needs to get tf out of Delaware asap. There are jobs that will hire him in major cities. shyt, get a room for a year. Pay off your debt then get a crib and continue to stack.

Idk if he'd be a good project manager but he might be decent at property management for a real estate company or just sticking to hotels in a better market.

Delaware has a lot of banking jobs. It may not be necessary to move if he has a decent resume

 

[Mike809]

i dont think you can be 40 and be considered a millenial.
At what age does Gen X starts? 60?