Just occurred to me that the class of 2020 will be screwed worse than millennials

Elle Driver

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That 08 recession was a horrible time. I got laid off from my job, was a year out of college and had two choices: move in with my mom or go abroad and make money teaching English. I was able to save enough to go back to grad school but that recession was depressing as hell I don't know how I even held it together. At least you had human interaction and you were able to enjoy your youth, its 2020 everybody is locked up and it’s a pandemic. Unfortunately a situation like this might be the catalyst for necessary change.
 

dora_da_destroyer

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I agree with him. We got screwed, actually have the voting numbers to make a change and have done nothing to change the system.

we got hit once we left college and getting hit again in our prime earning years.

we should of been done something.
What were we supposed to have done to stop a pandemic and the economic fallout that happens from one? :dahell:

Millennials are just getting to their real voting years, so let’s be reality, there’s not tons of political change we were going to make. We’re not in business leadership positions just yet so we cant make sweeping corporate change, things like UBI, universal healthcare, min wage increases, etc we’ve been voting for and/or those issues just really picked up steam in the last four years, but there’s not enough support from other demographics to get them passed. There’s literally nothing we could have done to stop this blow
 

Swirv

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Somethings gotta change soon. Maybe this will be the generation that makes it happen :yeshrug:
The whole American dream needs to change. Should be focused on efficiency, utility, happiness, stewardship, health, knowledge, compassion and love. I’m an idealist:yeshrug:

I had my first child in 08. It was rough but having a strong family unit made weathering the storm easier. In times like this families or loved ones should consolidate and batten down together.
 

Rawtid

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From a traditional perspective, like getting some regular 9-5, benefits, retirement, rotting at your cubicle, and being assigned a job title, I agree, but otherwise there are many ways these new kids are making and can make money. I agree this current system is shyt and not sustainable.
 

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From a traditional perspective, like getting some regular 9-5, benefits, retirement, rotting at your cubicle, and being assigned a job title, I agree, but otherwise there are many ways these new kids are making and can make money. I agree this current system is shyt and not sustainable.
A lot of the news job that younger people use to make money are unsustainable, I mean the biggest employer of young people is probably the gig economy.

And I feel like the gig economy does more disservice than service.

On one hand, you have "no boss" and the flexibility to quit whenever, but on the other hand the labor pool is completely saturated, with no benefits. Not to mention gig economy workers, usually work at a loss, because all they're really doing is generating "revenue" to cover their on going expenses.
 

ogc163

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:yeshrug:I sadly don't see any solutions on the horizon. The boomer/gen-x still believe in the same narratives, as evidenced by their reactions to unemployment benefits. But the net benefit is that the flawed narrative driven American traditionalism/ Dream continues to take a dive. And so young people will hopefully take a more probabilistic attitude towards homeownership, children, and college.
 

Rawtid

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A lot of the news job that younger people use to make money are unsustainable, I mean the biggest employer of young people is probably the gig economy.

And I feel like the gig economy does more disservice than service.

On one hand, you have "no boss" and the flexibility to quit whenever, but on the other hand the labor pool is completely saturated, with no benefits. Not to mention gig economy workers, usually work at a loss, because all they're really doing is generating "revenue" to cover their on going expenses.

I think we need to get out of the idea that working for someone is the only way to be afforded benefits. Also sustainability is subjective because these companies often have rotten cultures that will have you searching else where quickly. There are enough tools and strategies available to create your own using your income. Having a low debt to income ratio or being debt free is the start. Tools such as IRA's, individual insurance products (health, dental, life, std, etc), etc offer the same benefits as a job, although are more expensive in comparison to what a company offers, but costs can be offset through tax savings. Learning to budget, establishing a comfortable emergency fund, simple investing, and constantly learning new, marketable skills are also advantageous to your overall sustainability.

When I think of "gigs", I think more of freelance projects where you're getting x amount of dollars for x amount of time. I know people tend to tie them to running your car ragged delivering food and transporting people, but there are levels to it lol. But again you have to be creative. For example, social media management is a big thing now, and with COVID online appointments and schedule management are going to be necessary. You could manage a small group of company's social media for literally nothing. Also, there are more opportunities to make big chunks of money, but infrequently. Accidentally going viral on Youtube, for example. Being smart with money in that situation also leads to sustenance.
 
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FAH1223

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The whole American dream needs to change. Should be focused on efficiency, utility, happiness, stewardship, health, knowledge, compassion and love. I’m an idealist:yeshrug:

I had my first child in 08. It was rough but having a strong family unit made weathering the storm easier. In times like this families or loved ones should consolidate and batten down together.
This is why me and my siblings are living under the same roof. Pooling resources and making things easier for our parents who aren’t old (in their 50s) but giving them more peace of mind and freedom.

Hopefully we can buy a house that can be used for passive income.
 

No1

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What were we supposed to have done to stop a pandemic and the economic fallout that happens from one? :dahell:

Millennials are just getting to their real voting years, so let’s be reality, there’s not tons of political change we were going to make. We’re not in business leadership positions just yet so we cant make sweeping corporate change, things like UBI, universal healthcare, min wage increases, etc we’ve been voting for and/or those issues just really picked up steam in the last four years, but there’s not enough support from other demographics to get them passed. There’s literally nothing we could have done to stop this blow
Seriously, the entire argument rests on the premise that our generation would be the first young generation in history to vote at like 95 percent or some shyt.
 

Swirv

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This is why me and my siblings are living under the same roof. Pooling resources and making things easier for our parents who aren’t old (in their 50s) but giving them more peace of mind and freedom.

Hopefully we can buy a house that can be used for passive income.
You’re doing it smart. No need to rush out of the house to go pay someone else mortgage or contribute to their family’s wealth if you don’t have to.
 

No1

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This is why me and my siblings are living under the same roof. Pooling resources and making things easier for our parents who aren’t old (in their 50s) but giving them more peace of mind and freedom.

Hopefully we can buy a house that can be used for passive income.
I think this is the norm for people who can but you’re also in the DMV. If the best job option you get isn’t anywhere near where your folks live then that changes things. My cousin got fired and found a new job in Minnesota and she was living in Carolina. She is lucky to be moving in with family there.
 
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