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» Why Aren't Millennials Spending? They're Poorer Than Previous Generations, Fed Says
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post 1575814151 03-14-2019, 01:24 PM
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#31
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Originally Posted By kcadrenalin
Just read a story yesterday that on average, a millennial will only hold a job for 90 days before quitting or getting fired. That might help explain not having the things previous generations had.
We got Gpas quoting dailymail yet they call younger generations dumb

Keep talking like that and ill reset your router
Originally Posted By Sarevoke75
lot of these millennials are also getting dumb fukkin degrees that have no real value in the real world. They're dropping 60k into dance therapy with a minor in cat whispering and can't find a job other than Starbucks.

then they bitch that the system isn't fair.

hmm.
But.....you’re a millennial


As always in these threads a bunch of millennials talking chit about millennials
Hm.

If you're reading this, you're probably a *******

Bringer of the trigger
post 1575814291 03-14-2019, 01:25 PM
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#32
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Originally Posted By dj10show
20% of millenials are getting business degrees


damn
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post 1575814681 03-14-2019, 01:29 PM
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Originally Posted By DemiBrah
We got Gpas quoting dailymail yet they call younger generations dumb

Keep talking like that and ill reset your router




But.....you’re a millennial


As always in these threads a bunch of millennials talking chit about millennials
hence the "a lot of millennials" and not "all"

Also I have a real career and zero college debt. I'll chit talk my generation all day for being retarded.
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post 1575814751 03-14-2019, 01:30 PM
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#34
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housing is unaffordable
rent prices going up
college tuition going up
wages staying the same

+

most people are retarded

=

most people are broke
post 1575814811 03-14-2019, 01:31 PM
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#35
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Im a young guy so I can relate to a lot of young peoples struggle in modern day society but don’t be fooled by the sob stories that they can’t find a job or dont have money. In the age of information, being ignorant is a choice. These people should have done their research before signing up for University. Plenty of trades and other professions are having a hard time filling jobs because everybody wants an easy office job where they make 100k sitting around all day.

I opted out of pursuing university studies and decided to pursue Law Enforcement knowing that they needed a lot of people. It wont cost me a dime, I’ll get paid during the academy, and if I graduate I’ll be able to graduate after 25 years with full pension. Ill have my own place and ill be able to buy my own house around 25-27 while most people are just getting out of university. I chased an opportunity and not some dreams that I had of becoming a lawyer knowing that it’s extremely competitive to even land a job in that field. If these people had avoided college and decided to pursue jobs that people deem less attractive or less noble such as firefighting, LEO, Truck drivers, electrician, plumbers, etc people would have more money to buy their own house and start a family. Instead they took out loans to pursue a higher education and are now bitter that people that opted out are happier and have their own house while they are working cushy office jobs paying off their student loan debts and binge drinking their stress away.

Sucks to be them. Ignorance is one dangerous thing in life.
post 1575814881 03-14-2019, 01:32 PM
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#36
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Originally Posted By Jacobcapra
It's not rare to get out of college and immediately get a job that can support a family... Brb can support a family on 35-40K.
Hey dont attempt to use logic on people around here.

BRB must spend $300/mo car payment, dont want to be seen in a hyundai.
BRB $140/mo phone bill
BRB $5 coffee/5-7 days a week.
BRB need new shoes/clothes weekly
BRB need eye brows done
BRB need new fingernails and eye lashes
BRB need hair colored etc.

The **** I see my 21 year old sister and her friends spend their money on is insane. She's always bitching about being broke while making $17/hr and living in an area with a median home cost of $260k. Somehow she still manages to be broke all the time. She bought a 2018 Rav 4 last year... She had a 2011 Honda Accord that ran just fine that was costing her like $100/mo. Now shes paying like $350. This is why millennials are broke. Yes a lot of these things didn't exist during the boomer generation, they weren't all walking around with massive phone bills, huge car payments, etc. I get a cellphone is a 'necessity' but there are ways to do it cheaper. Millennials seem to be about instant gratification and I blame that on our parents.

Millenials living in LA with massive cost of living and you can't afford it? then ****ing leave. Move somewhere cheaper. If you don't have the resume to support living/working in the area, then you need to get out to somewhere you can flourish.
Originally Posted By MirinCanadian99
Im a young guy so I can relate to a lot of young peoples struggle in modern day society but don’t be fooled by the sob stories that they can’t find a job or dont have money. In the age of information, being ignorant is a choice. These people should have done their research before signing up for University. Plenty of trades and other professions are having a hard time filling jobs because everybody wants an easy office job where they make 100k sitting around all day.

I opted out of pursuing university studies and decided to pursue Law Enforcement knowing that they needed a lot of people. I chased an opportunity and not some dreams that I had of becoming a lawyer knowing that it’s extremely competitive to even land a job in that field. If these people had avoided college and decided to pursue jobs that people deem less attractive or less noble such as firefighting, LEO, Truck drivers, electrician, plumbers, etc people would have more money to buy their own house and start a family. Instead they took out loans to pursue a higher education and are now bitter that people that opted out are happier and have their own house while they are working cushy office jobs paying off their student loan debts and binge drinking their stress away.

Sucks to be them. Ignorance is one dangerous thing in life.
This. I don't think a lot of these people realize you can work your way up in trades and make great money while doing minimal work. One of my good friends just turned 30, is a Electrician for a big HVAC firm that does industrial complexes. He just got promoted to a project manager, and now he works from home like 2-3 days a week programming hvac systems remotely. He's in the field the other 2-3 days a week and its really just overseeing things/checking in on the project. He is making 6 figures now in a city where the avg income of a resident here is $23k.
post 1575815021 03-14-2019, 01:34 PM
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#37
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Originally Posted By Vampirelol
how old are you op
How young are you?
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post 1575815041 03-14-2019, 01:34 PM
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#38
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Originally Posted By sandaltan
and the lottery can be won too.

there are rare exceptions? is that your point?
LMFAO! sucks to be poor huh.
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post 1575815071 03-14-2019, 01:35 PM
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#39
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Originally Posted By ooph
Hey dont attempt to use logic on people around here.

BRB must spend $300/mo car payment, dont want to be seen in a hyundai.
BRB $140/mo phone bill
BRB $5 coffee/5-7 days a week.
BRB need new shoes/clothes weekly
BRB need eye brows done
BRB need new fingernails and eye lashes
BRB need hair colored etc.

The **** I see my 21 year old sister and her friends spend their money on is insane. She's always bitching about being broke while making $17/hr and living in an area with a median home cost of $260k. Somehow she still manages to be broke all the time. She bought a 2018 Rav 4 last year... She had a 2011 Honda Accord that ran just fine that was costing her like $100/mo. Now shes paying like $350. This is why millennials are broke. Yes a lot of these things didn't exist during the boomer generation, they weren't all walking around with massive phone bills, huge car payments, etc. I get a cellphone is a 'necessity' but there are ways to do it cheaper. Millennials seem to be about instant gratification and I blame that on our parents.

Millenials living in LA with massive cost of living and you can't afford it? then ****ing leave. Move somewhere cheaper. If you don't have the resume to support living/working in the area, then you need to get out to somewhere you can flourish.
And to top it all off, even if you did have all those expenses you could live in a 150K home and probably still afford all that on 40K.


Millennials spend money on dumb ****, myself included. But I don't make 40K so
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post 1575815311 03-14-2019, 01:39 PM
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#40
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Originally Posted By MirinCanadian99
Im a young guy so I can relate to a lot of young peoples struggle in modern day society but don’t be fooled by the sob stories that they can’t find a job or dont have money. In the age of information, being ignorant is a choice. These people should have done their research before signing up for University. Plenty of trades and other professions are having a hard time filling jobs because everybody wants an easy office job where they make 100k sitting around all day.

I opted out of pursuing university studies and decided to pursue Law Enforcement knowing that they needed a lot of people. It wont cost me a dime, I’ll get paid during the academy, and if I graduate I’ll be able to graduate after 25 years with full pension. Ill have my own place and ill be able to buy my own house around 25-27 while most people are just getting out of university. I chased an opportunity and not some dreams that I had of becoming a lawyer knowing that it’s extremely competitive to even land a job in that field. If these people had avoided college and decided to pursue jobs that people deem less attractive or less noble such as firefighting, LEO, Truck drivers, electrician, plumbers, etc people would have more money to buy their own house and start a family. Instead they took out loans to pursue a higher education and are now bitter that people that opted out are happier and have their own house while they are working cushy office jobs paying off their student loan debts and binge drinking their stress away.

Sucks to be them. Ignorance is one dangerous thing in life.
You were just talking about how Muslim view the west as ignorant. Born in the year 2000, Your thoughts are invalid, you're not even a millennial

Originally Posted By Jacobcapra
And to top it all off, even if you did have all those expenses you could live in a 150K home and probably still afford all that on 40K.


Millennials spend money on dumb ****, myself included. But I don't make 40K so
Millennials don't spend money though....
https://usa.visa.com/partner-with-us...llennials.html
While millennials have dominated headlines in recent years, baby boomers (those born between 1946 and 1964) have continued to dominate consumer spending in the U.S. In fact, consumers over 50 now account for more than half of all U.S. spending. They are also responsible for more spending growth over the past decade than any other generation, including the coveted millennials.
post 1575815511 03-14-2019, 01:41 PM
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#41
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Originally Posted By dj10show
This.
Originally Posted By ooph
Hey dont attempt to use logic on people around here.

BRB must spend $300/mo car payment, dont want to be seen in a hyundai.
BRB $140/mo phone bill
BRB $5 coffee/5-7 days a week.
BRB need new shoes/clothes weekly
BRB need eye brows done
BRB need new fingernails and eye lashes
BRB need hair colored etc.

The **** I see my 21 year old sister and her friends spend their money on is insane. She's always bitching about being broke while making $17/hr and living in an area with a median home cost of $260k. Somehow she still manages to be broke all the time. She bought a 2018 Rav 4 last year... She had a 2011 Honda Accord that ran just fine that was costing her like $100/mo. Now shes paying like $350. This is why millennials are broke. Yes a lot of these things didn't exist during the boomer generation, they weren't all walking around with massive phone bills, huge car payments, etc. I get a cellphone is a 'necessity' but there are ways to do it cheaper. Millennials seem to be about instant gratification and I blame that on our parents.

Millenials living in LA with massive cost of living and you can't afford it? then ****ing leave. Move somewhere cheaper. If you don't have the resume to support living/working in the area, then you need to get out to somewhere you can flourish.
And that.

I like making fun of millennials that I see for living with their parents at 30 years old, but most of those guys have lifted diesel trucks, boats, whatever and are still moving out of mama's nest way later "normal". Lots of them don't have a wife/family plan in any near future as well.
445/340/545
post 1575815531 03-14-2019, 01:42 PM
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#42
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sending this to the fed:

post 1575815541 03-14-2019, 01:42 PM
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#43
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Originally Posted By sandaltan
fking duh

the boomer generation could literally land a job right out of college that paid SO well they could raise a family and buy a house on a SINGLE INCOME

JUST LOL
ITT I learned I, and most people I know, are boomers.

Buddy of mine makes 78k / year as an HVAC tech. Last I checked you don't need college for that, and 78k is more than enough to buy a house and raise a family on provided you don't buy s 50k car or something dumb as ****. Lots of job openings in careers like this. Stop complaining and do something about your life if you're unhappy.
post 1575815661 03-14-2019, 01:44 PM
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#44
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Originally Posted By soaponarope1
ITT I learned I, and most people I know, are boomers.

Buddy of mine makes 78k / year as an HVAC tech. Last I checked you don't need college for that, and 78k is more than enough to buy a house and raise a family on provided you don't buy s 50k car or something dumb as ****. Lots of job openings in careers like this. Stop complaining and do something about your life if you're unhappy.
Originally Posted By ooph
This. I don't think a lot of these people realize you can work your way up in trades and make great money while doing minimal work. One of my good friends just turned 30, is a Electrician for a big HVAC firm that does industrial complexes. He just got promoted to a project manager, and now he works from home like 2-3 days a week programming hvac systems remotely. He's in the field the other 2-3 days a week and its really just overseeing things/checking in on the project. He is making 6 figures now in a city where the avg income of a resident here is $23k.
Boomer parents and teachers brain washes young millennials college or else. Not even politicians mentions trade school, so what does that tell you? Trades are a laughing stock in society and misc.

You have to remember from way back in the 50s to now, a majority of young people have been brain washed and pushed towards college.
post 1575815711 03-14-2019, 01:44 PM
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#45
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One problem with getting "useful" degrees is that they are often highly specialized. Specialized degrees can limit your choices regarding where you live. Your choices often end up being:
1. Get paid a good wage in your field in a high cost of living area.
2. Get paid much less in an unrelated job in a low cost of living area.

Most people try to find some balance, and many commute a long way. Of course, hours spent commuting are also lost income-you could have been paid those hours if you lived closer to where you work.
post 1575815751 03-14-2019, 01:45 PM
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#46
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Typical Millennial bull$hit... Nothing has changed over the years, you get back from life what you put in. The issue I see with a lot of Millennial's is they think society owes them something for doing literally nothing... or at best the bare minimum.

Now I wont slap a label on an entire generation necessarily (even though it appears as if I did at the beginning of this). I do have a few low ranking members of my team that are fresh out of college... show up every day... and bust their a$$. But to find those few I went through at least 100 people.. SRS.
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post 1575815831 03-14-2019, 01:46 PM
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#47
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Originally Posted By ANIMALISTIKZ
90% of modern society thinks like a poor person
90% of modern society is broke. A lot of people want to live a comfortable life and are not driven purely by money. And those people will suffer in this era where median income is not enough to afford a house, let alone a family.
Originally Posted By Jacobcapra
And to top it all off, even if you did have all those expenses you could live in a 150K home and probably still afford all that on 40K. Millennials spend money on dumb ****, myself included. But I don't make 40K so
150k house? Where, the projects? South Dakota? lel
Are you not entertained?

MFC #32

It's All About the U
post 1575816081 03-14-2019, 01:50 PM
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Wasting money they said

https://www.usatoday.com/story/money...ers/476908001/

post 1575816181 03-14-2019, 01:51 PM
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#49
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Originally Posted By omnip0tent
90% of modern society is broke. A lot of people want to live a comfortable life and are not driven purely by money. And those people will suffer in this era where median income is not enough to afford a house, let alone a family.



150k house? Where, the projects? South Dakota? lel
Median home price in the US is $199,200. Maybe open your eyes and realize places outside of NY, SF, LA, and the like exist.
post 1575816211 03-14-2019, 01:51 PM
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It's not a one or the other situation. It's a combination of factors. On one hand, yes, in general millennials are more entitled and useless than previous generations. But there is also increased job insecurity, inflated housing costs, and stagnant wages/salaries that have not kept up with the cost of living. Combine all of that with a snowflake victim mentality and you have a recipe for disaster.

As for the millennials getting useless degrees, that has already been debunked. And what would happen if everyone really started getting STEM degrees? That engineering job isn't going to pay so well when there thousands of people competing for it.
post 1575816331 03-14-2019, 01:53 PM
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Originally Posted By Caeculus
that feel when unable to afford a home because of inflated market caused by boomer retard speculators just buying up sheit and letting it sit empty and millions of third worlders dilluting labor market supply suppressing your wages, no sense of community, constantly surrounded by foreigners and strangers, realizing that having a traditional happy family with a wife and kids that love you is an adolescent fantasy that no longer exists since women have been lead to believe that their 20s should be better spent "working" making pointless power points or some useless sheit for $15/hr and taking hormone birth control pills destroying their reproductive system and comitting fornication with a large crowd of 50+ men being told sex not the sacred act of creating a new life but it is instead just something for fun like a "sport" or "experience" and fornication "empowering" when it really just destroys their ability to love or trust or bond with any future husband. When you realize your life is meaningless and when you die nobody will even notice you're gone. Surrounded by ugly brutal concrete structures and asphalt everywhere you look. Suffocating from the pressure around you you can't do anything without permission from big daddy government. All the "food" sold at the stores is filled with soy and unnatural amounts of sugar and chemicals and hormones and herbicides and pesticiedes and wrapped in testosterone destroying plastics and everything you touch is made of xenoestrogen chemicals intended to destroy you. View any media and get constantly bombarded with anti you propaganda promoting the most vile perverted degenerate filth beyond anything you could even imagine in your worst nightmare then you're being called a bigot "ist" or "phobe" for not thinking it is normal or good for a healthy society. Sedated by pornography readily given for free to distract you from your pain and loneliness . Tell a doctor you don't feel well and just get dosed with anti depression drugs to better deal with the sick society you're thrust into and turning you into a soulless meat puppet zombie living your days in a disassociated state until you just end it yourself or overdose on narcotics or alcohol. But we live in America the greatest country to ever exist, just pull yourself up from your bootstraps, gotta love living in America the greatest civilization to ever exist right ?
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post 1575816491 03-14-2019, 01:55 PM
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Originally Posted By MediocreGains
It's not a one or the other situation. It's a combination of factors. On one hand, yes, in general millennials are more entitled and useless than previous generations. But there is also increased job insecurity, inflated housing costs, and stagnant wages/salaries that have not kept up with the cost of living. Combine all of that with a snowflake victim mentality and you have a recipe for disaster.

As for the millennials getting useless degrees, that has already been debunked. And what would happen if everyone really started getting STEM degrees? That engineering job isn't going to pay so well when there thousands of people competing for it.
And not everyone is cut out for it. There were some people in my computer engineering program that were doing it just for the money, but they were also stupid and did not understand the material. I actually have no clue how they graduated because they didn't even understand simple concepts, but they have the degree. That isn't going to change **** for them.
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post 1575816611 03-14-2019, 01:56 PM
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Originally Posted By Caeculus
that feel when unable to afford a home because of inflated market caused by boomer retard speculators just buying up sheit and letting it sit empty and millions of third worlders dilluting labor market supply suppressing your wages, no sense of community, constantly surrounded by foreigners and strangers, realizing that having a traditional happy family with a wife and kids that love you is an adolescent fantasy that no longer exists since women have been lead to believe that their 20s should be better spent "working" making pointless power points or some useless sheit for $15/hr and taking hormone birth control pills destroying their reproductive system and comitting fornication with a large crowd of 50+ men being told sex not the sacred act of creating a new life but it is instead just something for fun like a "sport" or "experience" and fornication "empowering" when it really just destroys their ability to love or trust or bond with any future husband. When you realize your life is meaningless and when you die nobody will even notice you're gone. Surrounded by ugly brutal concrete structures and asphalt everywhere you look. Suffocating from the pressure around you you can't do anything without permission from big daddy government. All the "food" sold at the stores is filled with soy and unnatural amounts of sugar and chemicals and hormones and herbicides and pesticiedes and wrapped in testosterone destroying plastics and everything you touch is made of xenoestrogen chemicals intended to destroy you. View any media and get constantly bombarded with anti you propaganda promoting the most vile perverted degenerate filth beyond anything you could even imagine in your worst nightmare then you're being called a bigot "ist" or "phobe" for not thinking it is normal or good for a healthy society. Sedated by pornography readily given for free to distract you from your pain and loneliness . Tell a doctor you don't feel well and just get dosed with anti depression drugs to better deal with the sick society you're thrust into and turning you into a soulless meat puppet zombie living your days in a disassociated state until you just end it yourself or overdose on narcotics or alcohol. But we live in America the greatest country to ever exist, just pull yourself up from your bootstraps, gotta love living in America the greatest civilization to ever exist right ?
It must be terrible to be so poor you can't even afford paragraphs.
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post 1575816671 03-14-2019, 01:57 PM
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#54
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Originally Posted By Sarevoke75
lot of these millennials are also getting dumb fukkin degrees that have no real value in the real world. They're dropping 60k into dance therapy with a minor in cat whispering and can't find a job other than Starbucks.

then they bitch that the system isn't fair.

hmm.
You say “lot so of these millennials”. I’m curious as to how many millennials you know with useless degrees?

I constantly see you guys talking about the majority of college students getting useless degrees. That isn’t the case. The overwhelming majority of people are in STEM or business, which are somewhat employable after graduating.
post 1575816841 03-14-2019, 01:58 PM
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#55
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Originally Posted By Jacobcapra
And to top it all off, even if you did have all those expenses you could live in a 150K home and probably still afford all that on 40K.


Millennials spend money on dumb ****, myself included. But I don't make 40K so
Good luck affording a $150k mortgage on $40k a year. I have 120k financed on mine and with insurance/taxes it comes out to 1200 a month. At 40k a year you're barely clearing $600/week. That's half or more of your net income just going to housing and leaves you with ~$1200 for all other expenses. Not taking the millenials side here, just correcting this statement.
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post 1575817341 03-14-2019, 02:03 PM
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#56
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Originally Posted By MikeLowrrrey
You were just talking about how Muslim view the west as ignorant. Born in the year 2000, Your thoughts are invalid, you're not even a millennial





Millennials don't spend money though....
I was born in the year 1999 so yes im a millenial but that doesnt exclude my generation because they are following in the exact same footstep. So you discarded a perfectly valid point I made regarding young adults. Good job strong argument there.

Also when I said muslims view the West as ignorant it was a sarcastic statement. However, dont sit here and tell me that the West is not degenarating over the years. Its not just muslims, that sees the West like it is. Its your average westerner that doesnt buy into the liberal hippie utopia. I was born in the West and consider myself a Westerner. So yes I believe my thoughts hold some merit.

Ill rep you just because you challenged my opinion
post 1575817431 03-14-2019, 02:04 PM
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#57
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Greedy millennials hoarding their money and not reinvesting it back into the economy!
Death is impossible for us to fathom: it is so immense, so frightening, that we will do almost anything to avoid thinking about it. Society is organized to make death invisible, to keep it several steps removed. That distance may seem necessary for our comfort, but it comes with a terrible price: the illusion of limitless time, and a consequent lack of seriousness about daily life. We are running away from the one reality that faces us all.
post 1575817461 03-14-2019, 02:05 PM
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#58
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Originally Posted By soaponarope1
Median home price in the US is $199,200. Maybe open your eyes and realize places outside of NY, SF, LA, and the like exist.
While I despise each location you listed because im a free fckin American. I also refuse to give into that dumbass argument.


"Herp derp, lets herd all the poor people into the middle of the county and they can occupy all the chitty places. Only the elite should be allowed to live in desirable location."


lel, I wouldn't leave Miami unless someone was literally throwing money at me.
Are you not entertained?

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post 1575817681 03-14-2019, 02:07 PM
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#59
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Originally Posted By Anachron
Do you mean not everyone is entitled to a three car garage, 3000 sqft mansion in LA?
In my area 400k gets you a small fixer upper. Moving to a low cost of living area means taking a huge paycut, and losing a lot of career advancement potential. Big companies that require my skill set do not employ in small towns in the middle of nowhere. This is true for a lot of peope with specialized/ "useful" degrees.
post 1575817921 03-14-2019, 02:11 PM
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Originally Posted By MirinCanadian99
I was born in the year 1999 so yes im a millenial but that doesnt exclude my generation because they are following in the exact same footstep. So you discarded a perfectly valid point I made regarding young adults. Good job strong argument there.

Also when I said muslims view the West as ignorant it was a sarcastic statement. However, dont sit here and tell me that the West is not degenarating over the years. Its not just muslims, that sees the West like it is. Its your average westerner that doesnt buy into the liberal hippie utopia. I was born in the West and consider myself a Westerner. So yes I believe my thoughts hold some merit.

Ill rep you just because you challenged my opinion
No you aren't a millennial, look it up buddy. Those born after 95-96 are another generation.
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