The most comical argument, “livable” for any idiot liberals that aren’t aware of what “livable” means, it means that you can live off of the wage you make. Do you get a $8 Starbucks coffee? No. Do you get a $1200 iPhone? No. Do you get to go out and eat steak dinners? No. You cook your own meals at home stick to chicken pork and ground beef potatoes and rice cost nothing, you don’t get the internet (that would save us all a headache in itself) you don’t get a fancy flat screen TV, you make minimum wage you live as such. Living beyond your means is a serious problem in this country, and not just for poor people. Keeping up with the joneses and living on credit is fucking stupid. Start a budget, I mean fuck something as simple as a calculator and ziplock bags. Cash your paychecks and put however much in each bag labeled food, rent, gas, etc and whatever you come up with at the end of the month instead of blowing, save it for when your POS car breaks you got a cushion account. This is all extremely basic shit that everyone should understand. You don’t get to have the same fun as your friend who makes more than you, if you don’t like it use that as motivation to make more money. I lived just fine off $250 a week during the Obama years when gas was $4 a gallon. I didn’t have a cell phone and bought a 1996 TV from the pawn shop and a bunch of $1 bin dvds. And no, I didn’t apply for food stamps or government aid because I’m not disabled and was able to work just couldn’t find the right pay in the field i was in. Yes I got tired of the $1 frozen Walmart pizzas and ramen noodles but living below my means off minimum wage and learning a trade got me the fuck out of that lifestyle real quick.
This is very true. I think that younger folks fall into the trap of trying to live the lifestyle they had when they lived with their parents. But they don't realize that it took their parents 20-30 years to achieve that lifestyle. So young people take on debt and forego savings because they want a middle class life but they haven't earned it yet
you see this a lot in today's weddings. the newlyweds are just a couple of years out of college, but the wedding costs $30k, they honeymooned in the azores and came home and bought a 500k house. they can't afford any of it....and pretty soon, the arguments over money start and you've got another divorce....a wedding, a divorce, but no marriage. steps off soapbox
There's definitely some truth to that. I wonder how the house you bought compared to your FIL's house? A family of four used to live in ~1,000 square feet. Most houses being built today are "small" at 2,000 square feet. Plus amenities, etc.
In some ways it's like healthcare. One can get 1950s level healthcare today for prices far less (adjusted for inflation) than in the 50s, but would you want it?
It's a century old house, quite large, but we got it well below market value in an estate sale after watching the market for 9 months. It was a good deal as far as all that, but it was still 5 years pay vs the 6 months pay my Father in had to save up to buy a house.
As ridiculous as it is, it saved us money to get a mortgage to buy the house, because our mortgage is HALF what we were paying in rent. It's just the absurdity of the market. It would have been 15-20 years for us to save enough to buy it outright, but with a mortgage we are actually able to put aside money that we couldn't before.
It's just not the same world it was 50 years ago.
Of course being smart about it, the house is already worth 50% more than what we payed for it, and we can end up in the black in just a few years. If the Canadian economy doesn't completely collapse and drop the bottom out of it's hyper-inflated housing market.
Yeah I actually would prefer it for most things because 50s healthcare focused cures, instead of a thousand pills that are supposed to cure my runny nose and leave me with crippling depression and anal leakage.
Modern medicine is a scam barring a few specialties.
From the millennials I have talked with they don't feel any need or desire to work from the bottom up or to struggle like previous generations did. They absolutely feel entitled to get their college work done and jump right into the good paying jobs in their chosen field!
Yeah. I get that "things are different now" but things were different for me than they were for my parents. I subsisted for years on the cheapest food I could, bummed rides when my car was broken down (often), and took work at companies that offered tuition reimbursement so I could further my education w/o incurring more debt. And I did it all without the amazing tech and conveniences available today.
We've got people with useless degrees who couldn't possibly live without their new iPhone, Netflix, Hulu, etc. Maybe cut a few corners before asking me to pay off your voluntarily-assumed education debt?
YNAB (You Need A Budget) - one of the best things I got from r/personalfinance /reddit in general. Just a fancier version of your ziplock bags example. Has helped me build up a 6 month emergency fund and know my limits for how much fun money I can spend each month.
The most comical argument, “livable” for any idiot liberals that aren’t aware of what “livable” means, it means that you can live off of the wage you make. Do you get a $8 Starbucks coffee? No. Do you get a $1200 iPhone? No. Do you get to go out and eat steak dinners? No. You cook your own meals at home stick to chicken pork and ground beef potatoes and rice cost nothing, you don’t get the internet (that would save us all a headache in itself) you don’t get a fancy flat screen TV, you make minimum wage you live as such. Living beyond your means is a serious problem in this country, and not just for poor people. Keeping up with the joneses and living on credit is fucking stupid. Start a budget, I mean fuck something as simple as a calculator and ziplock bags. Cash your paychecks and put however much in each bag labeled food, rent, gas, etc and whatever you come up with at the end of the month instead of blowing, save it for when your POS car breaks you got a cushion account. This is all extremely basic shit that everyone should understand. You don’t get to have the same fun as your friend who makes more than you, if you don’t like it use that as motivation to make more money. I lived just fine off $250 a week during the Obama years when gas was $4 a gallon. I didn’t have a cell phone and bought a 1996 TV from the pawn shop and a bunch of $1 bin dvds. And no, I didn’t apply for food stamps or government aid because I’m not disabled and was able to work just couldn’t find the right pay in the field i was in. Yes I got tired of the $1 frozen Walmart pizzas and ramen noodles but living below my means off minimum wage and learning a trade got me the fuck out of that lifestyle real quick.
This is very true. I think that younger folks fall into the trap of trying to live the lifestyle they had when they lived with their parents. But they don't realize that it took their parents 20-30 years to achieve that lifestyle. So young people take on debt and forego savings because they want a middle class life but they haven't earned it yet
you see this a lot in today's weddings. the newlyweds are just a couple of years out of college, but the wedding costs $30k, they honeymooned in the azores and came home and bought a 500k house. they can't afford any of it....and pretty soon, the arguments over money start and you've got another divorce....a wedding, a divorce, but no marriage. steps off soapbox
Not to mention a hundred thousand each in college debt, crying because the government won't pay for it.
well, you'll have to admit the field of lesbian interpretive dance theory is over-saturated at the mo'.
My father in law bought his first house for six months pay.
My wife and I bought our house (at the bottom end of the market) for 5 years pay.
It's not quite as simple as "save money" anymore, though it can depend a lot on where you live. Ontario housing market blows.
There's definitely some truth to that. I wonder how the house you bought compared to your FIL's house? A family of four used to live in ~1,000 square feet. Most houses being built today are "small" at 2,000 square feet. Plus amenities, etc.
In some ways it's like healthcare. One can get 1950s level healthcare today for prices far less (adjusted for inflation) than in the 50s, but would you want it?
It's a century old house, quite large, but we got it well below market value in an estate sale after watching the market for 9 months. It was a good deal as far as all that, but it was still 5 years pay vs the 6 months pay my Father in had to save up to buy a house.
As ridiculous as it is, it saved us money to get a mortgage to buy the house, because our mortgage is HALF what we were paying in rent. It's just the absurdity of the market. It would have been 15-20 years for us to save enough to buy it outright, but with a mortgage we are actually able to put aside money that we couldn't before.
It's just not the same world it was 50 years ago.
Of course being smart about it, the house is already worth 50% more than what we payed for it, and we can end up in the black in just a few years. If the Canadian economy doesn't completely collapse and drop the bottom out of it's hyper-inflated housing market.
Yeah I actually would prefer it for most things because 50s healthcare focused cures, instead of a thousand pills that are supposed to cure my runny nose and leave me with crippling depression and anal leakage.
Modern medicine is a scam barring a few specialties.
Try Hawaii then.
From the millennials I have talked with they don't feel any need or desire to work from the bottom up or to struggle like previous generations did. They absolutely feel entitled to get their college work done and jump right into the good paying jobs in their chosen field!
Yeah. I get that "things are different now" but things were different for me than they were for my parents. I subsisted for years on the cheapest food I could, bummed rides when my car was broken down (often), and took work at companies that offered tuition reimbursement so I could further my education w/o incurring more debt. And I did it all without the amazing tech and conveniences available today.
We've got people with useless degrees who couldn't possibly live without their new iPhone, Netflix, Hulu, etc. Maybe cut a few corners before asking me to pay off your voluntarily-assumed education debt?
YNAB (You Need A Budget) - one of the best things I got from r/personalfinance /reddit in general. Just a fancier version of your ziplock bags example. Has helped me build up a 6 month emergency fund and know my limits for how much fun money I can spend each month.
Highly recommended
This. Honestly I can pretty much live of that, bread and ramen.
Also cut your cable.
Well said 👏
That's the joke. They don't want to work.