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

[Nigerianwonder]

He is actually not in that bad of a position. He makes a decent income. 40 is still relatively young. You can work another 20+ years. He just needs to plan better. Sounds like he doesn't have a real plan or goals in life and is just going through the motions. That's why he feels like he is not progressing.

Best thing this breh can do to improve his life immediately is the one thing the coli hates most. Get Married. Find himself a woman making over 50k a year and he will be straight. They can pay off the debt in 3 years and live a decent life.

 

[LunaticVillage415]

i was born in 82 and apparently we're millenials, but i feel like we are more gen x. Like i don't feel the same connection to people born in 1995, people in their 20s now.

I was born in 83’, we the oldest millennials. We identify with Generation X culturally because our older siblings, older role models and musicians/athletes/celebrities we idolized growing up were all solidly Generation X. We were like the early mammals and Gen X was the Dinosaurs.

But our age group got fukked the hardest because we were starting out our careers when the Great Recession hit. We were the last to get hired and first to get fired. We were too young to cash out on late 90’s shiny suit era tech boom money and career experience because we were in the early high school years at that time.

Breh story is common for those us in his age group. I graduated from college in 2009 and it was hella rough. Graduating during a recession effects your lifetime earnings. And things have never been the same since 08’. The economy has never fully recovered. But older millennials felt this even harder than any other age group because younger generations were able learn from the mistakes of their older brothers and sisters. But this new 2020 era has fukked over Gen Z too. But this new era has also setback older millennials once again.

I find it funny how people think expect you to predict the future in terms of your career. Like millions of people were supposed to know covid would cause massive lockdowns that would destroy entire industries that were healthy prior to March 2020. Or that 17 year old kids should have know to drop out of college and get on a good career path before 2008 when your parents and elders would have pretty much disowned you for that shyt back then. America is the land of personal accountability. Well don’t expect any sympathy when inflation and this current unsustainable house of cards economy has you out on your ass. Or when your job gets outsourced or you get laidoff or terminated over some bullshyt.

 

[EndDomination]

Articles from Fortune

Valuable lesson


Should have got an LLC

Assuming this is sarcasm

did he make any investments, crypt0, certs?!!?

I wish i stayed in crypt0 in 2017 i w0uId be nice right now

I don't think long-term investments at a middle-class salary was going to do him any favors breh.

He’s a hotel manager. He could shift gears to program/project manager for a customer service department and make 60-80k/yr.

He just got a new job, as noted in the article.

Breh, acting like that hole too deep to climb out of

He didn't say that. The article is more about the burgeoning realization that you haven't been able to build much, even while maintaining employment and working hard.

Just because you play the game doesn't mean everybody going to win. Real life doesn't give out participation trophies.

99% of people don't "win" breh - it's not a game, it's a mode of production, an economy

 

[EndDomination]

Maybe he should get out of the hospitality field. I know multiple brothers that are employed as corrections officers in Michigan who are making well over $100K (overtime included). With his college degree he could easily get a job with the government , enroll in the loan forgiveness program and that 47K would be wiped out in 10 years. This dude is a crybaby.

It isn't even remotely as easy as you're making it sound.

 

[EffYou]

He is actually not in that bad of a position. He makes a decent income. 40 is still relatively young. You can work another 20+ years. He just needs to plan better. Sounds like he doesn't have a real plan or goals in life and is just going through the motions. That's why he feels like he is not progressing.

Best thing this breh can do to improve his life immediately is the one thing the coli hates most. Get Married. Find himself a woman making over 50k a year and he will be straight. They can pay off the debt in 3 years and live a decent life.

You’re delusional

 

[duckbutta]

Had a 17 year old little cousin who went to an HBCU her freshman year last year. She came out with 40k in debt from just one year of college. shyt is wild

I grew up with a chick who had a nervous breakdown at 23 cause she went to some private college in Florida and graduated with over 200k in debt. When she got out only job she could get was doing verizon helpdesk phone support for 15 dollars and hour. When them loan payments hit it was damn near her whole paycheck. She didn't have money to cover food, rent, car, anything. And when I say nervous breakdown she legit went into a mental institution due to the stress. They put her payments on hold for a year and then told her looney or not they were going to start them payments back up in 365 days AND they would be recouping that money they let her not pay the previous year. No clue what happened to her. She used to clown me when we graduated cause I was only willing to go to schools that was giving me a scholarship. Wonder what she doing now. Probably still running around in a diaper like she was when she first went crazy. Not joking we went to pick her up once to go to a party and she came out in a shirt and a DIAPER. I was like "what kind of party is this we going to " Turned out that was the beginning of her losing her mind.

 

[Problematic Pat]

Just because you play the game doesn't mean everybody going to win. Real life doesn't give out participation trophies.

True.
Fairness is a concept that is believed by fools.
The world has plenty of examples showing us that.

 

[EffYou]

I grew up with a chick who had a nervous breakdown at 23 cause she went to some private college in Florida and graduated with over 200k in debt. When she got out only job she could get was doing verizon helpdesk phone support for 15 dollars and hour. When them loan payments hit it was damn near her whole paycheck. She didn't have money to cover food, rent, car, anything. And when I say nervous breakdown she legit went into a mental institution due to the stress. They put her payments on hold for a year and then told her looney or not they were going to start them payments back up in 365 days AND they would be recouping that money they let her not pay the previous year. No clue what happened to her. She used to clown me when we graduated cause I was only willing to go to schools that was giving me a scholarship. Wonder what she doing now. Probably still running around in a diaper like she was when she first went crazy. Not joking we went to pick her up once to go to a party and she came out in a shirt and a DIAPER. I was like "what kind of party is this we going to " Turned out that was the beginning of her losing her mind.

 

[Macallik86]

Article says he makes 70k now doing what he does.

70K in Delaware is more than enough unless he got family and kids to take care of

 

[Art Barr]

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

He gen y.
Not gen x.
They fukked over gen y the most of all.
That they try to act like they do nOt exist and pass them over for millenials. Plus act like they do not exist.
Additonally throwing all the issues of gen y.
Erroneously on to millenials too.
It is type bogus.

Art Barr

 

[mobbinfms]

Fam, the name was coined literally for the chorort that graduated hs in the year 2000

The oldest millenials are 39/40 now. Youngest Gen xers around mid 40's.

I was born in 1980, I’m 41, and technically I’m Generation X.

 

[Silky Johnson]

I was born in 1980, I’m 41, and technically I’m Generation X.

I said what I said

 

[mobbinfms]

I said what I said

I was just letting you know you were wrong.

 

[mobbinfms]

He gen y.
Not gen x.
They fukked over gen y the most of all.
That they try to act like they do nOt exist and pass them over for millenials. Plus act like they do not exist.
Additonally throwing all the issues of gen y.
Erroneously on to millenials too.
It is type bogus.

Art Barr

Gen Y are the millennials.

 

[Wild self]

I was born in 83’, we the oldest millennials. We identify with Generation X culturally because our older siblings, older role models and musicians/athletes/celebrities we idolized growing up were all solidly Generation X. We were like the early mammals and Gen X was the Dinosaurs.

But our age group got fukked the hardest because we were starting out our careers when the Great Recession hit. We were the last to get hired and first to get fired. We were too young to cash out on late 90’s shiny suit era tech boom money and career experience because we were in the early high school years at that time.

Breh story is common for those us in his age group. I graduated from college in 2009 and it was hella rough. Graduating during a recession effects your lifetime earnings. And things have never been the same since 08’. The economy has never fully recovered. But older millennials felt this even harder than any other age group because younger generations were able learn from the mistakes of their older brothers and sisters. But this new 2020 era has fukked over Gen Z too. But this new era has also setback older millennials once again.

I find it funny how people think expect you to predict the future in terms of your career. Like millions of people were supposed to know covid would cause massive lockdowns that would destroy entire industries that were healthy prior to March 2020. Or that 17 year old kids should have know to drop out of college and get on a good career path before 2008 when your parents and elders would have pretty much disowned you for that shyt back then. America is the land of personal accountability. Well don’t expect any sympathy when inflation and this current unsustainable house of cards economy has you out on your ass. Or when your job gets outsourced or you get laidoff or terminated over some bullshyt.

I graduated May 2009 as well. We knew how rough it was just to get a minimum wage job back then. People were working 3 jobs making only 38k a year, and was one emergency away from homelessness. Gen Y, if they graduated after 2006, was D.O.A. at the start. Gen X had 15 to 20 years of economic prosperity until the recession hit. Gen Y went through a decade of torture after college, and when Gen Z saw that, is when they started on the economic divesting of the general economy after the pandemic started. Even now in 2022, low paying jobs are still vacant and even illegal immigrants moved on from those places to do Uber Eats. Gen Z are the ones that stopped going to college, stopped tolerating BS from their employers, and straight up on kamikaze mode when confronting authority. At a time when baby boomers are 70+ and are exhausted from the workplace, retiring, all of this is taking place.