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

[CBSkyline]

I believe it. A friend of my cousin took over 5K out of her 401k for a Texas trip

 

[winb83]

You're an idiot bruh

Every where aint Detroit where rent is super low

Im moving from Detroit to Manchester where I can't afford a house for job advancement

If you think a majority of ppl are lagging behind because of work ethic you're dumb

I've never seen you have a good take

You never seen me have a good take because you don't have enough common sense to recognize one.

Everybody doesn't have the skill or knowledge to hack it in high cost of living areas. If you don't you can either move to a less desirable area where the cost of living is lower or sit around and bitch about HCOL in an area and sink yourself in debt until you get financially wiped out.

 

[Mr. Manhattan]

I imagine you have proper budgeting and no substantial debt so you got a lot of money going to your pockets. I need to pay my debt off ASAP.

I got a decent paying job and a side hustle
and money management is always important only debt i got is Credit Card but even that is below 13k, which i could pay off right now if I wanted to

 

[Cloutius Maximus]

All I'm saying is...

You would THINK we'd be having a cultural renaissance in the United States, from the unprecedented amount of college educated people who have travelled internationally, bringing in all sorts of dope influences from around the world to create vibrant new classics in music, literature, cinema, dance, fashion, architecture and design.

And YET, American culture feels as stale as it's been in my entire adult life or even looking back all the way to the fukkin 1940's. shyt aint adding up.

 

[10bandz]

All I'm saying is...

You would THINK we'd be having a cultural renaissance in the United States, from the unprecedented amount of college educated people who have travelled internationally, bringing in all sorts of dope influences from around the world to create vibrant new classics in music, literature, cinema, dance, fashion, architecture and design.

And YET, American culture feels as stale as it's been in my entire adult life or even looking back all the way to the fukkin 1940's. shyt aint adding up.

Thats because the traveling isnt to learn about the world, it's just for IG. Purely and solely. That's why it's not adding up. There's chicks who have traveled everywhere and ate McD's at every stop. Hoes who say a bear is safer than a man but will travel out the country to meet a random guy cuz he bought a plane ticket. There's nothing "cultural" about the uptick in debt traveling.

I understand guys here might travel for different reasons, but what that YT video is describing, is the travel-for-IG shyt. Which is the bulk of what millennials and Gen Z are doing.

 

[50CentStan]

I get it. But some people want to live a lifestyle that they didn't earn. And millennials aren't in their 20s anymore

 

[March Madness]

Actual luxury good spending is down for Gen Z but travel and other “experience” based spending is up.


Traveling to some shyt hole country is the new Gucci Belt….allegedly


Vacay-based content isn’t even interesting anymore on Instagram, its predictable atp

 

[getmoney310cpt]

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..

Lot of millennials was still in college and broke at that time and had no power to move on it and once they finally hit stride and got the money/job/status to grab something, prices tripled but the wages didn’t..like a rug pull on a whole generation

 

[inndaskKy]

It's because young people are starting to learn that debt is just a fictional concept. It's no different from someone saying you're a slave with different rights. Young people are starting to figure out that the only solution is to just live life, stack up some imaginary debt and then when the time supposedly comes to "pay back" what you "owe", we just need to come together and kill all those people who claim we owe them anything. This is how history has always unfolded.

There is a group of narcissists in society who fool others into accepting an unequal distribution in society. Then the narcissists think they can push their luck and demand more and more for themselves thinking nobody is ever going to revolt. Then, eventually, people get sick of it and violence erupts, forcing the narcissists to fall back (French Revolution, American Revolution, October Revolution, Holocaust, etc.).

We're not far off from a lot of rent-seeking parasites getting murdered again on a massive scale. It's just the way of the world.