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Millennials ‘only’ making $100K a year feel strapped
NY Post ^ | October 23, 2019 | Melkorka Licea

Posted on 10/27/2019 4:16:29 PM PDT by Diana in Wisconsin

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To: Vermont Lt

I have no debt except for the house. 401k and other stuff. Amazing what happens when you don’t need or want the latest toy and sock some money away.


81 posted on 10/27/2019 6:19:51 PM PDT by dynachrome (Build the wall, deport them all. And send her back!)
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To: Harmless Teddy Bear; Lazamataz

I’ll have a spare room when Tom the Son moves out, end of this year.


82 posted on 10/27/2019 6:20:13 PM PDT by Tax-chick (Down with the ChiComs! Independence for Hong Kong!)
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To: Diana in Wisconsin
“Instead of buying the Louis Vuitton tote bag for two, three or five thousand dollars, they’re more likely to go for an Everlane tote for $175,” says Danziger.

The horror!!!

83 posted on 10/27/2019 6:23:59 PM PDT by Mr. K (No consequence of repealing obamacare is worse than obamacare itself.)
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To: Kenny Bania

I wear designer clothes too but I get them at Ross and other discount stores. You have to keep looking, because designer duds are not there all the time.

I’ve even purchased really fancy-schmancy duds at GoodWill and UnionGospelMission thrift stores. Really fancy!!!

And my gym clothes all come from Walmart. Incredible deals, and I get lots of compliments and questions about where I got them.

Veto!
(The girl)


84 posted on 10/27/2019 6:26:08 PM PDT by Veto! (Political Correctness Offends Me)
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To: Tax-chick

If you move your spare room to Atlanta, GA, we got a deal. :)


85 posted on 10/27/2019 6:29:23 PM PDT by Lazamataz (We can be called a racist and we'll just smile. Because we don't care.)
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To: Lazamataz

No, it’s in the Charlotte ‘burbs and fixed to a foundation.
If you’d like to consider Charlotte, it’s statistically 100% probability that one of Tom’s housemates will bail in the next year, leaving a spare room at $500/mo, 2 ba, kitchen, pool ... with some nice young men who drink a little beer, play D&D, and then go to work in the morning and school in the afternoon, or vice-versa.


86 posted on 10/27/2019 6:33:13 PM PDT by Tax-chick (Down with the ChiComs! Independence for Hong Kong!)
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To: Diana in Wisconsin

Do you have ANY idea how expensive gourmet food, the right clothing, the right decor, and the right “living space” is?? Have a heart! A measly $100,000 a year won’t pay for HALF of it!/s


87 posted on 10/27/2019 6:45:28 PM PDT by Flaming Conservative ((Pray without ceasing))
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To: Diana in Wisconsin

I started the military right out of high school. My pay was $374/mo and after I graduated my first phase of tech school I got an additional $3.90/day for Separate Rations (no meal card).


88 posted on 10/27/2019 6:47:03 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: marktwain
In my experience, eating at a hole in the wall restaurant often beats the $200 a plate meal.

My Air Force duty had me driving out to work many miles from base out in some farmer's field.

The mom and pop diners with the sign "EATS" out in front, located out in the small farm towns, were as good or better than the two five-star restaurants at which I have dined.

89 posted on 10/27/2019 6:52:15 PM PDT by OldMissileer (Atlas, Titan, Minuteman, PK. Winners of the Cold War)
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To: Flaming Conservative

Boo Hoo OR Cry Me A River


90 posted on 10/27/2019 6:52:36 PM PDT by mason-dixon (As Mason said to Dixon, you have to draw the line somewhere.)
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To: Tax-chick

Hell, I might play D&D with ‘em. :)


91 posted on 10/27/2019 7:14:31 PM PDT by Lazamataz (We can be called a racist and we'll just smile. Because we don't care.)
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To: stars & stripes forever

I graduated from college and worked for a few few years before getting married and having kids. But by the time I was her age I was a stay at home mom of four kids on an extremely tight budget. There as no self care or vacations for me. There were times I skipped meals so my kids would have enough to eat.

Ten plus years later (and some more kids) we finally have some breathing room in our budget, but are nowhere near six figures.

We decided early on that people are more important than things. Years ago I asked God for creativity and wisdom to nourish and clothe my kids with what we had. He provided both, but my older kids have no desire to return to the simple meals we had back then ;-).


92 posted on 10/27/2019 7:47:14 PM PDT by NorthstarMom
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To: Vermont Lt

If she had a brain, with her income college debt should be paid off in a year or two

My kid has a good income, lives dirt cheap and paid off his student loans in a year.


93 posted on 10/27/2019 7:55:51 PM PDT by cyclotic (Democrats must be politically eviscerated, disemboweled and demolished.)
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To: 2banana

To start Jenny Castillo can sell 2 of the 3 homes along with getting rid of the groomer for her orange Siberian cat if she wants some cash. She says she takes no vacations yet says she has been on 3 this year. FTA: resorts in Peru, Israel and Jamaica.

I wish I made $100,000 a year.
I do now with stock for the last few years but not salary. I spend my salary and still have money saved.
The Ant and the grasshopper fable comes to mind.
https://fablesofaesop.com/the-ant-and-the-grasshopper.html

Invest in stock and save for the future. I work with guys who go out for lunch each day and talk about where they went to dinner then complain as the week goes by that they are getting short money. One guy does bring in homemade meals his wife makes (how he trained her I do not know! : )

I myself make my own lunch. Cost is under $2 vs $7 and above going to fast food places. I cook at home. I do not own anything expensive just because.


94 posted on 10/27/2019 10:14:34 PM PDT by minnesota_bound (homeless guy. He just has more money....)
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To: Diana in Wisconsin
8-C07159-A-33-D0-4-B5-D-B9-F0-EF5-AB0-E525-C1
95 posted on 10/27/2019 11:38:20 PM PDT by CaliforniaCraftBeer
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To: JBW1949; marktwain; Diana in Wisconsin
“I feel like I’m living paycheck to paycheck, and have been for forever,” says a 30-year-old graphic designer, who wished to stay anonymous to protect her job.

Sounds like another childless narcissist that wants to never have children because she must have her career and do everything and go everywhere.

She will die alone in an apartment filled with cats and their feces.

96 posted on 10/28/2019 1:32:24 AM PDT by Pontiac (The welfare state must fail because it is contrary to human nature and diminishes the human spirit)
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To: Diana in Wisconsin

With $100k I could pay off my 14 acres and built all the desired infrastructure, house, shop, root cellar, road down the back, cabin in the back, deep well and my wife and I would each end up with a nicer vehicle than we’ve ever had.


97 posted on 10/28/2019 6:31:00 AM PDT by Pollard (If you don't understand what I typed, you haven't read the classics.)
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To: Pollard

We’re dreaming the same dream! Beau inherited $35K from his Mom’s estate (split 6 ways!) so that’s going to our new Pole Barn.

After a few other projects are finished, first. In this Trump-conomy, we can afford to let it sit and grow for a while. MAGA! :)


98 posted on 10/28/2019 6:47:31 AM PDT by Diana in Wisconsin (We come from the earth, we return to the earth, and in between we garden.~Alfred Austin)
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To: Kenny Bania

“Nonsense. $100k a year in DC (with a 15% 401k contribution) nets you $4910 a month. More than enough to live in a decent building in DC”

The average 2 bedroom apartment in Thomas Circle residential area of DC is $3600-3800 month + utilities. Plus car payment, garage, parking, health insurance, renters insurance, food.

As I said $100k in DC is not much and you would have to live in a apartment in a lesser area to get by and with roommates.

I lived there for 10 days. Everything is outrageously priced. Food was 50% higher in stores than in my flyover state for same exact item

EZ pass going into DC will rack you up hundreds per month.

My sister and BIL live in the outer belt They bought a condo for $600k 20 years ago and it was not anything to write home about.

Don’t compare Michigan prices to DC


99 posted on 10/28/2019 7:37:16 AM PDT by setter
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To: Diana in Wisconsin
“Yeah, on paper I make good money, but when you factor in debt, cost of living and lifestyle, it’s not.”

What was that noise? Why, I think it was the sound of Dave Ramsey's head exploding.


100 posted on 10/28/2019 7:52:45 AM PDT by Buckeye McFrog (Patrick Henry would have been an anti-vaxxer)
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