I went to Rutgers (state school of NJ) and basically everyone there grew up within like 50 miles. When I was telling my friends I was moving home, while they were all getting apartments in the NYC area literally a short drive from their parents, they all couldn't believe I would go back to live with my parents. It was like taboo. They COULD have done the same thing, they chose not to because of their image. In the following years I saved up tens of thousands of dollars while they didn't. I'm not talking about kids from a broken home who don't have a home to go back to. I'm talking about middle to upper-middle class university graduates whose parents are successful boomers who think they are too cool (cough, entitled, cough) to go back and live with their parents.

The cost to purchase a house is like 20x greater than in 1985 in some places. No wonder boomers think life is easy when houses in the metro area are 35k. Now its not even feasible to pick up a mortgage in a gig economy. Thats the truth. Unless you can cut the grind at the top 5% which is a mixture of luck as well as hard work, then youre probably gonna live at home til youre 35 or til your parents die and you inherit their inflated assets.

millennial watching housing market crash

Seriously housing market in Aussieland is almost x 3 GDP, how the ****

and who raised these millenials.......the boomers. EVERYONE i grew up with had their parents basically saying you have to go to college so thats where that overreliance comes from. Who put all the gadgets and devices in our rooms growing up...oh thats rihgt, the boomers. Luckily not mine, they were conservative on all that type of stuff.

But LOL at buying your kids every video game device, laptops, big ass tvs with full cable in their room, then being surprised about the qualities that breeds

Which one am I? I am 33, but learned to drive on a riding mower and didn't have a cell phone or ******** in highschool.

Fuking lol'd at the "Mows his neighbors yard for fun". I always laugh when I hear someone whining about their student debt+lack of job opportunities and you find out they did some pointless abstract degree. Better rage about it on social media and ask for handouts.

Millenials have been coming to me for years on LinkedIn asking for jobs with no qualifications other than a college degree.

I have to remind the that I actually landed an internship before I graduated, so I had the experience to get a job right away back at the company where I interned. That took initiative on my part, as I even worked as a receptionist at the company to get the hands on experience with their systems to get the internship.

These guys just expect it to land in their lap because they have a degree with no experience.

Then when they actually do get jobs, they goof off watching Netflix at work and complain if a task is too "boring". I wish I could complain and not do my "boring" tasks, just lol.

I think people ITT are missing the point that OP is making.

Of course there are successful millenials who are making lots of money, have bought homes etc etc.. Thats always going to be the case, no matter how bad the economy is. There will always be some people that are able to succeed.

However, on the whole (being key phrase here) its substantially harder for millennial to succeed than their parents generation.

Example
They used to give out 120% mortgages (no deposit? Thats ok, dont worry about it, here have an extra 20% on top to buy furniture)
Didnt give a fuk about affordability/salary (whereas now its only 4-5x your salary they will lend you)
My parents bought my childhood home for £285K and sold 12-13 years later for £1.2M (brb £1M for doing nothing in almost 10 years)
Second house they bought for £395K, 7 years later worth £850K
Everything was cheaper, but salaries still remain around the same.

Boomer generation all remortgaged their homes, used credit cards to pay off credit cards and as a result - have zero money to retire on. Now they stay in corporate jobs when theyre like 60+ and you have millenial interns on like £12K a year, living hand to mouth when theyre 30 years old - because there isnt the space within the company structure because the old ****s are retiring.

Honestly, Unless youre like a doctor or something admirable - whenever I see people working when theyre 55-60+ I just think theyre pathetic and obviously didnt have their **** together.

Cant imagine a more soul crushing job than being a bureucraut for the government

I can. Being a g4p anal dildo star like you.

SAD

This is so wrong. Salaries have not even close to stayed the same from the boomers generation. According to the SSA (https://www.ssa.gov/oact/COLA/AWI.html), the average salary in 1980 was 12,513.46 and the average salary in 2017 was 50,321.89. According to the Bureau of Labor Statistics consumer price index, prices in 2017 are 197.48% higher than prices in 1980. The dollar experienced an average inflation rate of 2.99% per year during this period. That means the $12,513 salary in 1980 would be worth $37,224.51 in 2017; however, the average salary is much higher than that.

The difference is that we have much more shyt these days to spend money on. Cell phone bill, cable bill, internet bill, netflix bill, spotify bill, Hello Fresh bill, Grub Hub every night for dinner, new 65" tv every few years, new iPhone every other year, that trip to Thailand or Machu Pichu that you need for Instagram, etc. Our parents didn't have any of that shyt. They would go to the supermarket and cook every meal and sit around the one tv or radio for evening entertainment.

It's no doubt harder to stay financially responsible these days than it was in the 1980's, but it can be done. You just need to have self control and not spend money on things you really don't need. If millennials can't do that, then they really are lazy and entitled.

In college when the financial crisis hits
Nobody graduating before me gets jobs
deployparachute.gif
Enlist in Marines
Serve 6 years, travel the world, save money
Use GI Bill to get bachelor's degree
Finish BS right as I get out
Get good job
Get married
Buy a house
Get a master's degree
Sip Monster(TM) Energy Ultra at cushy job
Mow grass on weekends
Feelsgoodman.zip
mfw

£12k...

See, this is what annoys me. Americans complain but have no idea how screwed the millennials I'm Europe are.

Fight for internships? There aren't internships! (thankfully it's easier to send kids to study abroad but still)

A few corrections here. It was a 99 Mustang, I mowed my neighbors yard because he had moved in with his fiance, lost my v card in 2000, I prefer pepsi max to monster and my student loans were only 30k since I worked full time as a tradie while in college.

My mom spoiled the chit out of us when younger. We had multiple gaming devices, got all the games and pretty much whatever the fuk we wanted.

Meanwhile my cousins were always poor

And when they finally got the chance to come over to our house, because they were held back from so much chit. They went buck wild

Food, games, movies, etc.

Meanwhile. All of my bros and i are much, much more successful and we didnt give a chit about that stuff. Cause it was always there

Yeah, I was one of said interns for a couple years. £12K is tough even if youre living with your parents lol

not sheriff been said yet ITT, but for people who can't afford their cost of living, why not relocate to an area that is cheaper to live?

Do we live in a world where practicality is thrown out the window now?

Thread went exactly as predicted. A lot of low IQ people in here.

Being successful as an individual doesn't excuse the societal problems that are going on right now. For every success story of someone 20-36, there is a non-success story too. Yes, some of them are from dumb choices (50k college loan for a communications degree) but the issue is wages and cost of living. About 2% of the posts even mention this while everyone else is raging on like a bunch of idiots about people being lazy.

Society needs certain things to function:

-police
-fire
-EMS
-garbage collectors
-teachers (unless you home school)
-etc etc

Almost all of these jobs (except maybe Fire and a SOME areas for police) give you pay that was roughly the same in 1995 or so. Meanwhile the cost of living is skyrocketing and no one who does the jobs that make society function can afford anything. Congratulations if you got a STEM degree and make 120k a year. (srs) But that doesn't matter. You don't make society function, you made it for yourself and the problems for the rest of the crumbling infrastructure are still there. That's why these threads are a joke. DERP, I MAKE GOOD MONEY. **** ALL OF YOU. That doesn't help. There are extreme problems that are so bad that it's eventually going to lead to a permanent lower class of people. These are the same people that show up when your grandma dies or you need help. These are the same people that teach your kids math and science. These are the same people who keep the bridges from collapsing. If you think everything is good because you're driving your Audi to work, you're an idiot.

Good post,

But I feel like why does everything in life have to go by a schedule and being disciplined? When can you just let go of everything and relax? Sounds like you wasted your 20s doing nothing but saving and living frugal. You even advocated living at home during your college years. It's crazy how you bust your ass in high school and college, go in student loan debt, and still can't enjoy yourself. Do you even have kids yet? Such is life as an adult.

You might be a millennial, but you aren't a real millennial. Real millennials want to get rid of the system you speak of. Having to pile thousands for a degree. Working tons of hours. Having to save thousands for a house. Living frugal until your 50s

But who was family and friends? But who has being single and living in bumfuk?

Boomers are the worst generation. Their parents, the Greatest Generation, grew up hard, made made the world better then what they were given, and left their children everything.
The boomers in turn, used it all up and left their kids nothing.
Millennials are a bunch of whiny self-entitled *******s, but the boomers were all that plus spoiled with easy times paved by their heroic parents, the Greatest Generation.

They claim millennials are glued to their phones and spend too much money.

Who ruined the government? Who increased taxes? Who increased college costs? Who allowed foreingers to buy land? All boomers.

The problem is no one knows how to manipulate the wages in a fair way that makes sense.

that's fine, but knowing the option is there and other people are capitalizing on it and not you gives you no grounds to complain about being broke, cause you chose to stay home and be stagnant.

people who think like that do it to themselves

That's called being an entitled little kunt. For thousands of years people worked their asses off every day until they got too old to work. Now the millennials decide they don't want to do that anymore because it's too hard? Well there you go, point proved.

So you can't enjoy life till what, 50? That's around the time all the kids are gone.

Gotcha.

How do people still not understand that we are called millennials because the last birth year of the generation was 2000?
And that a 'generation' is defined by roughly 18 years, or adulthood?


1982-2000. Other answers are retarded. Rocket science.

brb voting for communists then complaining when I have to stand in the bread line

holy chit

Manipulate the wages in a fair way that makes sense? WAT?

Whatever you say op.

I developed in demand job skills and worked through college to graduate debt free. I could get a job anywhere in the USA, probably most of the world, in a week.

I also don't spend all my money on new cars, massive cell phone bills, home automation, ordering 8 things a week on Amazon, etc...

Life is what you make of it. Work hard and smart, you'll be fine.