Maybe its becaue i live in costly location, but i feel like its a never ending rat race road to no where in America. My salary hasn't moved in 6 years, expensives are like 50% higher. How can people even afford kids? Is it just going to be billionaires that have 100 kids and the rest of us just die out.. I've heard Warren Buffett say GDP has went up 6X over my grandparents lifetime and how lucky we are to be born today, but I'm almost 100% sure they were far better off. They had homes after the WW2, had 7 kids, had giant parties, everyone dressed like a rockefeller. Today after 14 years working here, i'm still living in an Apartment. All my co wokers are Indians. Its crazy depressing. I want to leave the country or something. I don't want to hear about being the office 6 or 8 hours a day, after taking calls at 6am with Indians. I'm getting close to just losing my mind and giving up on this country. Our leaders betrayed us.
31 replies (most recent on top)
Oh my goodness.
You need to cry into the pillow you are biting.
Shoot, my first house was a little cr--kerbox at 10% interest, in the late '80s.
move to a better area, buttercup......
OR....
You need to start a 'gofundme' page to admit your career failure......
Think about it.
Cheers!
@jm Where did OP state they were in a high COL area? They just said their "expensives" were 50% higher. Or were you too busy writing your bizarre patronizing posts about AI to notice?
@jm If you don't like it, or the responses, you could try the ol back button and just move on with your life.
People just getting started in their lives often express things like this. It's not an unusual sentiment or opinion. OP stated they are in a high COL area and probably can't fathom how others are doing it (buying houses or affording to have children) so he/she is asking questions. If you don't like it, or the responses, you could try the ol back button and just move on with your life.
JFC look at OP's weird language- it's just the Chinese troll again blasting this vague demoralizing stuff. He doesn't even say anything about WF, he just knew the id--ts would take the bait if he complained about foreigners and "our leaders"
@j6+1k083tf5q Because it's just a rambling series of complaints tied together with a flimsy excuse for a rhetorical question?
After reading the OPs post, how exactly do you reach the conclusion of "unsolicited"? 😐
@j1 Who asked about your copes for your sad, childless life?
Give the nutjobs here an excuse to humblebrag and give unsolicited advice, and boy will they take it.
Obviously OP is a troll just setting himself up to give some patronizing advice in the replies; it's just incredible how easily-duped the facebook boomers who find this site are.
@at I agree with all but cutting the cord. NOPE not doing it. I do pay cash for everything. if i can’t pay cash then i need to save more. Credit card debt = $0, Home debt =$0, 2 BMWs = $0 debt. Skpped the kiddos but got a pack of dogs so no college, no weddings however they are moochers. Max out 401k save over $30k per yea after taxr. Other than bigger house and more expensive vehicles my spending has never grown with income. Grew up in a house where layoffs were always happening so you have to plan accordingly.
Not even close to being a boomer, but you seem to be a denial about a lot of things, what's one more?
ok boomer
Better than a kiddie B fest. You live in one of the freest most advanced cultures in the history of the world. If you're not being eaten or fighting for your life on a daily basis, you're ahead of 95% of the humans that have ever lived. Quit ur crying. If you don't want to hear that hard work and the discipline to stick to a financial plan is "the answer", that's a you problem. It's the truth either way. Kind of like how diet and exercise is the only answer to staying a healthy weight. It's not a fun answer, but it's still the reality of the situation.
The way you do it is with a plan… and being willing to do what it takes to get into the market. Scrimp and save for the down payment, buy smart for both liveability and future appreciation but be willing to make trade offs on desired size or location, play the long game and then trade up over time.
Easy words to say and hard to do. But it can be done. D
@dd Yeah, this is just another thinly-veiled boomer bootstraps circlej--k
Modern slaves don’t own home but live in sweatshop.
I’m not convinced this is a serious post.
@b6 I'm a millennial who managed just fine. Too many people either want to coast doing the bare minimum and/or are expected just to be handed things.
thankfully I bought my home in CA 13 years ago before the recent upticks in value. At the time it was a giant stretch financially but one that has paid off. Was able to refinance during the pandemic to less than 3% so between that and prop 13 I'm not going anywhere. Been working for WF for quite a while, early in my career I went to school in the evenings to get my BS then eventually an MBA. Always looked for ways to make myself valuable. always asked what I need to do to get promoted and when wasn't getting where I wanted to be or got bored/irritated with my role at the time I self promoted by changing roles internally. My salary has gone up exponentially during my tenure. Sure, some of it is luck and being at the right place at the right time, but a lot of it was hard work and not settling for less. Nothing was handed to me. I'm in a position now where I'm no longer house poor, two paid off autos (I don't need a new car every few years), no debt beyond the house, max out my 401k each year which has built up my retirement savings quite nicely, and have 6+ months of expenses stashed away in a money market for the day WF decides they no longer need my services.
"Today after 14 years working here, i'm still living in an Apartment"
Where did your money go? I did that. I was able to save, get out of an apt, drop 20% down and buy a home.
Since the recession, the market was doing good. You should have been able to sock a sh-t ton away. I did that and took me 16 yrs to hit my first mil in my retirement accounts.
If you can't do any of that, you need to expand the income circle, NOW.
Inevitable result of voting for the party that claims to be "for" the little guy. They make everything more expensive and eventually the little guy can't afford S. CA, MA, NY, NJ, HI, WA, CT etc. Top 11 state have been D run for decades. Alaska is at #12 and that's due to geography more than anything else. Most of the rest of the top 20 are more D states. It's not a coincidence. It's intentional. Go ahead and down vote, the facts remain the facts.
I'm 52. I had kids in the 90s and bought property in the early 2000s. I'm retiring in 10 years. If you and your spouse budget well, you can buy a small lot and build. Stay away from having kids.
These days, be grateful to have any roof over your head. Be thankful you don't live in a flood region where you can lose everything. We live in trying times. Apartment living isn't bad. It's still a roof over your head.
Op: millennials and Gen Z and on are sc--wed. Totally agree. Middle class in the US ( actually in many developed countries) are disappearing. I’m a boomer/gen x, we got it easy. Now, Not only good paying white collar jobs are offshored, the curry eating Indians are imported here to replace American workers..
My advice: buy a small lot - cost of ownership is low, you can always get an RV or live off grid but you have a place you called your own. Meanwhile keep saving get a studio, housemate, save save and invest. Hopefully you are stashing away 6% 401k with the match you give yourself another 6% . Let the 401k grow. If you are going to put up with working with Indians make it worthwhile by saving and investing!! Best of luck!
14 years and your salary hasn’t moved in 6? You aren’t hungry enough. Assuming your post is truthful you must be either already top of pay scale for your position and aren’t interested in moving or you’re not doing a quality job and don’t deserve any kind of increase. All of this reads like a you problem.
Was going to give some solid financial advise, but you work for a fricken bank. I’d hope you can figure out whether you need adjustments in your lifestyle, or not.
Stop eating out.
Stop starbucks coffee.
Cut the cord, cable TV etc.
Switch to a prepaid cell phone
Bring lunch from home.
Use bus or prius to commute
Save, save for a down payment
Then buy the home in a neighborhood with good schools for appreciation.
There are a lot of people in serious debt with no intentions of paying back.
Let them eat cakes...
If you haven't made a decent increase with your salary in 6 years, that's on you. Time to make some moves.
You have to start small. Get a studio or one bedroom condo. Your first place will not be your dream home. Let it build equity. That's the only way to do it if you're on a budget.