Seems like Millennials and Gen Z want to go into debt to take vacations instead of what their parents did

[Pure Water]

Nothing matters, you live and you die.

 

[the cac mamba]

Let me tell you something


Your 21 yr old "crippled" with debt can buy a house and retire before 50 easily in today's economy


A 21 yr old should be in good shape. That means it's not necessary for him to buy a 40,000 car with payments for the next 5 yrs, 200 a month for insurance, along with gas and maintenance

Drop the fukking ego

Buy a thousand dollar mountain bike. Get it tuned up every 3 months for 50 bucks. Buy no flat tubes. Every single last dollar u had to spend on the car money trap, save+invest. Utilize Amazon, insta cart, Uber one, Lyft. It's not 1998 it's 2025 a car is not a necessity everything including groceries can be delivered. Rental cars can be had for 60 bucks a day for dates

breh you arent "easily" buying a house in any area that you can bike around in. the only areas that cheap, require a car

 

[DraymondT]

Not many Gen Z gon be able afford or own homes specially if that shyt ain't passed on from fam and if ya got siblings that a whole other story too.

 

[Fillerguy]

Its crazy how we still have ppl pushing that "stack money, invest" mindset like Americans are drowning in debt on basic living expenses alone. You need money to invest money. When your monthly expenses exceed your paychecks, living in a rented home with your 3 roommates, you don't have money to save. And that's not factoring in emergency expenses or student loans. Discipline has little to do with it.

But you got that credit card. We live in a debt society and people leverage their debt to enjoy life. This is our new normal.

 

[the cac mamba]

Its crazy how we still have ppl pushing that "stack money, invest" mindset like Americans are drowning in debt on basic living expenses alone. You need money to invest money. When your monthly expenses exceed your paychecks, living in a rented home with your 3 roommates, you don't have money to save. And that's not factoring in emergency expenses or student loans. Discipline has little to do with it.

you mean you haven't put down 1% on a new rental 4plex every year? someone on instagram said it was easy

 

[Womb Raider]

LLC twitter hates This thread

 

[skyrunner1]

I'm 33 so I was a young child when Married With Children was on the air, but could you really buy a house working retail back then!?



Far as I know retail is barely above minimum wage




Al Bundy buying a house and raising a family solely off of selling shoes seemed like some fictional TV shyt

It was possible back then breh.. Its really crazy, probably up until early 2000s honestly..

Had uncles who did like custodian type jobs, work security, drove cabs, all owned property and raised families. This was in 90s.. They were able to buy around 80k/90k.

My pops built house from ground up, for like 60k, same house would probably be all in 400k-450k now easy. Built duplex for like 80k. He still got that and its like 700k now or something stupid.

I remember I was flipping a house in North Miami and my cuz lives in neighborhood, he a teacher and bought in early 2000s, He was helping me trahsout with his truck and he asked how much I paid. I think it was like 400k, he was like I would never be able to buy now. He has 2000 sq ft house with pool and he bought his for 90k.

Houses in neighborhoods nicknamed murder gardens go for like 550-600k right now. Those houses were selling for 50-70k as late as early 2010s. Actually after the last market crash, early 2010s was probably one of the biggest wealth building opportunities in our lifetime. I was trying to find my footing in that time but yea everything was dirt cheap. Houses cbs block for lik 25k. You cant even get the land for that price. Opportunity was everywhere..

 

[StretfordRed]

I do not blame them.

Travel, see the world, get life experiences, meet new people, eat new food, learn a few words of a new language for a few weeks. But please do have a proper holiday, not just a trip for IG.

 

[10bandz]

I do not blame them.

Travel, see the world, get life experiences, meet new people, eat new food, learn a few words of a new language for a few weeks. But please do have a proper holiday, not just a trip for IG.

That’s what they’re doing though. Yall making up all types of rationalizations. If people were taking “proper holiday” they wouldn’t be in debt over it.

 

[Sir ZDuke]

It says something about the state of your society when the youth in large numbers embrace hedonism rather than build for the future. I’m not one to foist all of society’s problems on some esoteric force, and it’s obvious that a lot of modern-day consumerism is fueled by social media, people trying to keep up with their friends, who are trying to keep up with influencers, who are trying to keep up with celebrities. However, something has gone wrong with the social contract that was leveraged by prior generations, the one that said you work hard in your youth and that put you in a position to afford the moderate trappings of suburban life( family, home, retirement funds), of course this was never guaranteed to anyone in any generation, but it was the base level of achievement that you had a decent probability of getting if you didn’t fukk up. Nowadays these things are luxuries for the kids coming up.

 

[DJ Paul's Arm]

Because houses and things used to be affordable. Al Bundy supported his family and owned a house selling shoes. Younger generation see no hope or future. Not making excuses but it’s true. You could afford to support your family selling appliances at sears.

This.

My uncle worked at the Good Guys back in the day. Had a house, stay at home wife taking care of the kids, car and went on vacations.

To you YNs, the Good Guys was like Best Buy back then.

 

[Deltron]

To you YNs, the Good Guys was like Best Buy back then.

are we that that they probably never heard of good guys, radioshack, frys, etc?

 

[havoc]

Enjoy your remaining days in Earth while you alive. YOLO

 

[Mr swag]

You're not promised tomorrow
Go see the world

But when that tomorrow come or you get sick……I hope walking dirty as Paris was worth it

 

[Roid Jones]

nikkas gon come in here and make excuses and talk all that work life balance BS

Give it a rest.

There's women out here taking more vaca's per year than NBA wives. Traveling is okay, but doing it 6 times a year, making it your identity/hobby and crashing out over it isn't justifiable by any means.

These people getting in debt aren't doing the merely the regular 1-2 big trips a year.

Most dudes getting into debt over it is because they're taking their gfs on trips.

Women deserve intentional men that will deliver 10 trips a year all expenses paid.