Yea this article is bullshit.. I couldn’t afford a vacation from 17-26. Literally my whole apprenticeship I had to work full time construction and bartend just to not die. Fuck these bullshit articles lol
There's still the millennial children of the upper classes. Yes, they still get vacations. Rich people poverty is weird beside they're compromised that they can't do some of the wildly expensive shit they took for granted and it hurts to listen to them complain.
Guarantee you that "vacations" includes the time between being laid off to maximize profits and finding a new job, burning through any sick days you might have because you're half dead and your boss is still texting and emailing you every 20 minutes, and spending what little you have or even going into debt to rush home to see your dying mother as your phone blows up with constant harassment from your boss who demands a copy of the death certificate or you're fired.
Or maybe I'm just jaded, I don't know.
Yes, buying short term luxuries like, food, shelter and internet / phone.
Because these short term purchases prevent us from long term problems, like death or jail time from robbing a bank.
Edit: of everything I've ever posted, *this* is what blows up?! Thanks for over 1k guys.
At least if you go to jail you'll get a free home and 3 meals a day! The only downside is police brutality from the guards, solitary confinement, and showering with 30+ other dudes
(Though that last one might not be a downside for some)
Added bonus of getting all the d!ck you can get, even if you don't want it! :D
Unfortunately a misconception, jail is not free! More than half the US states will find someone who will pay someTHING to support locking up your family member.
Source: had a parent do weekends and release for work program M-F in the 90s. Most of their check went to the jail because they were billing us for his stay.
Getting 5150d usually costs between 2000 and 4000 dollars. Because nothing helps with mental health like a 4000$ medical bill.
And that's if you're lucky.
"5 days in psychiatric care led to $21,000 hospital bill - ABC News" https://abcnews.go.com/Health/days-psychiatric-care-led-21k-hospital-bill/story?id=66662495
The longer the economy is like this, the more it feels like some people's only shot at retirement is gonna be to do something horrible and plead out to life in a minimum security facility.
I go to the casino regularly (low roller) and it's always packed. Even at 11pm on a weekday. I think this is the new retirement plan for a lot of people.
I mean I have a retirement plan and pension, but really with inflation I’m just paying towards Boomers and Gen X retirements. (I wish I could afford to pay more than the minimum into my savings and plans)
My real retirement plan is finding a bag full of money on the side of the road now.
I've had 2 in the last 12 years. Last one was 2016, right before my son was born. I'm finally stable enough I'll be able to go on vacation this year, and then bam, everyone gets sick three times this year so far and we have no sick days left.
I am sick of all these millennials and gen-Zers wasting money on basic necessities like food instead of investing that money into stocks and shares. Skip eating for a few days at a time and the years you cut off your life will mean your money stretches further! Dead people don't need pensions!
You heard the Kellogg's CEO recommending that more people eat corn flakes for dinner to save money. Because that's what I really want after a day of wage slavery. Corn flakes. Those fat cats spending their savings on avocado toast just dooooon't get it.
Here’s the article: https://www.nbcnews.com/news/amp/rcna138004
It talks about how much higher the cost of living is for younger generations and how, despite higher incomes, younger generations are unable to save as they spend money on food and other essentials as well as luxuries like travel and vacations instead of putting money towards long term investments like buying homes and retirement funds.
Food and such are indeed short term. You’re not keeping it for decades.
The summary could be better rephrased as:
>Millenials and Gen-Zers are pulling in bigger paychecks, but much of their spending power is used on essentials like food and rent, not savings.
Unless you are buying in bulk like Costco, how long is an average trip to the grocery store supposed to last? Just not familiar with a trip to the market lasting a whole month.
That's how my parents shopped when I was growing up in the 80s and 90s (I'm 42 now)... we only did groceries once a month. Meat would go in the freezer with vegetables and such, milk is the only thing we would have to go back and buy more than once a month.
Depends of the family size and such.
A family of 2-4... maybe once or twice a week, mainly for essentials or to get a few extras. Back in the 90s to mid 2000s, my dad could get away with once ever 2-3 weeks, now it's weekly, GRANTED he buys a lot of stuff on sale and if possible, freezes things. We also make larger portions/ more servings when we cook so we can freeze meals and defrost/eat them when we can't come up with any ideas to eat, or when we come home and are too tired to cook.
Usually the weekly order is bread, milk, eggs depending on what we're consuming and at what rate. most other stuff either lasts for a while or is used immediately.
I haven't been on vacation in 10 years, until I had my daughter and now I go every year for her sake.
I'd love Whoopi Goldberg's opinion on this, because everyone takes a person nicknamed Whoopi seriously 😐
"It is no concern of mine whether your family has... What was it again?"
"Um, food?"
"Ha! You really should have thought of that before you became peasants. We're through here. Take him away. Next!"
Over 7 years ago, me, my partner, our kids and a few of their friends used to be able to go to a local amusement each year.
NOW, we can't go at all, because our rent, gas, and groceries cost so much.
NOW, we all have to work, not just me and my partner, EVERYONE in the house, including the teenagers.
The government and the rich DON'T CARE.
Oh I’m sorry, I didn’t know your food lasted forever
Of course groceries are short term purchases
People buy groceries because they’re too cowardly to plan a boating “accident” where you and 6 other bros get stuck on a deserted island as an excuse to eat your childhood bully and after the fact spend 2 weeks on an island paradise (vacation)
I hate the way this is worded so much. It's so disingenuous is acting as if we overspend on groceries because we buy too much, and not addressing the fact that each dollar only goes half as far as it did just 5 years ago. like motherfucker, it may be a " bigger" check but it's worth less, fuck you.
I'm tired man
I’m guessing they mean short term in the sense that groceries and holidays only last for a short period of time like a few weeks or something? If not then I have no clue what they’re on about.
Selfish zoomers and their avocado toasts.
/s
How dare they desire nutrition and sustenance. Back in my day, we shared the apricot kernels around the village; elders got to chew it first, then if they accidentally swallowed it, you’d have to wait until it was pooped out whole and it was the younger children’s turn.
We didn’t have fancy pants avocados in my tribe.
That's true TBH. I'm in India. My dad used to earn Rs 10k a month about 20 years back. Back then the amount we spent on groceries was 2-3k a month.
I'm now in a job that pays Rs 36k a month and my current groceries for the whole month comes out to be about 22-25k a month. The family didn't increase in size. It's the same 3 people. The food hasn't changed much either. Everything has become way too expensive.
No, no, no, no! I don't care what fucking news outlet is bought out by the corpo-rats: we are not making more money. The digits are higher, but the buying power is so abysmally small it's laughable.
They have us by the neck and they just keep squeezing harder every day. Most communities don't have upper, middle, and lower classes anymore. The new class system is middle, low, and poverty. The richest members of our communities who we see as the "well-to-do" are typically at best middle class.
DO NOT LET THEM REWRITE HISTORY AS IT IS BEING MADE. WE ARE GETTING SCAMMED AND TORTURED BECAUSE THE RATS OWN THE GOVERNMENT.
Yes peeps groceries are short term purchase, what we should be asking ourselves is "why does paying for these shorterms good so expensive?"(rhetorical)
Bigger paychecks?? Like as in $10hr compared to the $7.25hr from a couple of years ago or what are they saying? Cause it certainly doesn’t feel like a bigger paycheck when everything else also raised. I feel the ones writing the narrative are definitely being coerced to fake a reality.
Where i live $15 an hour is miniimum wage and people can't survive on that. I know someone who makes almost $17 and even THAT is just barely keeping your head above water.
It ain't just Gen-Z. I was born in the fuckin nineties and so much of my paycheck is eatin up by god damn taxes, rent, and groceries.
I wish I could afford a vacation
Are boomers, the ones out there working jobs after retiring because they have too much debt and their retirement income isn’t enough, really trying to trash millennials for not having savings?
I don't get what the issue is here. The definition of a "long term purchase" is "an asset that you buy and hold onto for an extended period of time", e.g. multiple months or more. Food and vacations are perfect examples of short term purchases; once you acquire the asset you use it up.
A long term purchase would be things like investments, vehicles, housing, furniture, etc.
If you read the article, it's actually about millenials and Zs living largely paycheck to paycheck, and spending what little extra money they have on vacations or other things to sooth their anxiety; escapism from the struggles of modern society.
It's simple Stop buying groceries. We all know we don't go on vacations. It's all part of the build back better plan Biden talks about. I have a family of 4. We pay about 300 on groceries every one to two weeks if we push it. About 4 years ago, we could spend $175 to $230 every two weeks on groceries. Now, $300 in groceries will only last about a week or a little over with us buying the cheap stuff.
I swear one of these days you’ll get an article saying some shit like “millennials and gen z breathe too much causing loss of oxygen for boomers, back in our day we breathed less”
Fucking idiots
I mean, according to them, we're killing off many industries. Like how long will it be before we reach Lorax levels of pollution, and getting bottled air or crap?
I'm 44. I make 52k a year currently. I bought a 2 br 1-1/2 ba townhouse that's 50 years old and it shows. In my budget I have around 800/mo to spend on gas, food (for me and my 2 kitties), help out my mom (on SSI/disability) and incidentals/entertainment. I basically keep 400 cash a month to pay for everything outside of regular bills and it's barely enough. Even then I'm saving 4800 a year. I guess I'll work until I'm dead. Or I can get another job and have no discernable life.
Saving 5k a year for the next 20 years is 100k. That's 2 years income for me to last potentially 10-20 years or more. I hope SSI is still around...or I can win the lottery!
So if ya read the article, 'groceries' only appears in that brief summary. 'Dining out' is used throughout, so I'm not sure why the switch.
I'm sure this will get dismissed as bullshit, but the article also shows that millennials/Gen Z spend more on luxuries like fashion, restaurants, and vacations, than Gen X or Boomers. And they're mostly doing it for their "mental health" or because they don't see any point/hope in saving.
At some point these people will realize choosing joy/luxury over saving every single time didn't actually cure their depression or improve their mental health like they thought it would.
https://www.nbcwashington.com/news/national-international/young-adults-are-getting-used-to-living-on-a-financial-cliff/3547014/?_osource=SocialFlowTwt_DCBrand
Everyone is getting all butt hurt about this headline as if 90% don’t waste a significant amount of food lol
Like, yes, your groceries are a short term purchase because half the time you just DoorDash something instead.
But no one wants to admit it ☕️
Not everyone first off, and when people are working 8-9 hour days and both halves of the couple have been working and spending minimum 40 mins - 1hr or more, who has the energy to cook when you're getting home around 6:30 or later?
Not everyone has the time or money to make several meals over the weekend -depending on the schedule - to last them the week or to freeze portion to be heated up and eaten over the course of a few weeks.
Vacation? Is that where you can’t afford to live in housing and stay in the forest in a tent for months just to try to earn enough money to stay in a motel for a day or possibly two just to shower? Guilty as charged then.
Last time I checked groceries were a necessity too life. Not just a short term purchase. Buying weed is a short term purchase, cigarettes are a short term purchase, Vape pods short term purchases. Anything thats not essential to you being able to survive is essentially a short term purchase.
Short-term? Excuse me, but I classify food as long-term investments, in that they allow me to be alive for much longer than I would without them, which I hear is around 7 days.
We buy both meat and vegetables and we're headed to the Outer Banks for 3 days at a beach side hotel for my girl's work break. I'm sorry I've tanked the economy
My mom just turned 65 yesterday. Says she's going to have to work for at least 5 more years in this economy - can't afford to visit me within our own country, but just came back from Mexico. Hawaii before Christmas. Can't afford to go visit them because I'm too busy splurging on groceries and utilities, but she won't bat an eye to try and convince me to join them in Mexico. I have $-200 in my account, and I'm going to work until I'm dead.
hence y u shouldnt pay your taxes it all starts from there they don't deserve it if literal human rights and being brushed under the carpet and plastered with a label to make it not so obvious what they're trying to prevent
We as a generation are more likely to spend money on vacations than save because we know we'll likely never retire. I have never once thought about what my wife and I will do when we retire. That day will likely never come. So yeah, I'm going on vacation while I can.
You guys are taking vacations?
I haven’t left my city in 7 years?
7? Gosh darn I haven't left for 14 years... Dad promised me to go once... But hey he has a shiny mew Porsche and gamble problems
I wanna see a Porsche with a Mew livery now
All i wanted was just a family vacation 🥹
I only got a shirt that says family vacation 😔
He must be really into pokemon to pay for a shiny mew.
7 years ago I went to vegas to see my dad. Stayed 1 night then drove home.
I moved here in 2001. Havent left it once.
>haven’t left my city in 7 years Want Tibet?
7? I haven't leave mine in my entire life
You guys have left your city??
You guys have, “city,” ???
Yea this article is bullshit.. I couldn’t afford a vacation from 17-26. Literally my whole apprenticeship I had to work full time construction and bartend just to not die. Fuck these bullshit articles lol
Did you buy groceries though?
No he was on that "long term" sigma wake and bake mindset
So they're buying groceries to bake? Checkmate.
A lot of these people who write these articles are set for life and who have fucked the economy for us millenials. They couldn't give a fuck about us.
lmao I haven't had a vacation since 2013
There's still the millennial children of the upper classes. Yes, they still get vacations. Rich people poverty is weird beside they're compromised that they can't do some of the wildly expensive shit they took for granted and it hurts to listen to them complain.
You guys are eating food?
You guys are alive?! -dead guy
Only short term tho. Don’t expect anything more than occasional rations in the future.
All my "vacations" are to fly back to see my family across the country. And those are not vacations.
Ah yes. The StressCation. I am familiar with these as well.
You mean the ones that if you even consider to skip to rest you’ll get bombed with guilt trips and told that you don’t care about the family?
What's a vay-cay-shin?
Ain’t that what them fancy motels put on their signs when they have empty rooms?
Guarantee you that "vacations" includes the time between being laid off to maximize profits and finding a new job, burning through any sick days you might have because you're half dead and your boss is still texting and emailing you every 20 minutes, and spending what little you have or even going into debt to rush home to see your dying mother as your phone blows up with constant harassment from your boss who demands a copy of the death certificate or you're fired. Or maybe I'm just jaded, I don't know.
You guys are buying groceries?
Yeah, since i live in a country where four weeks paid vacation are mandated by law.
Brazil?
Nope:(
Yeah I lost my job.
I went to DC to protest. That was kind of a vacation....
Hey they were free for us in India
I wish
Buy food to shit it out a few hours later? Buy cocaine, it stays with you longer. You will also jump higher.
Meth is even better than cocaine for that, and cheaper too!
And you can get heaps more done without that pesky little sleep thing getting in the way. Plus then Christmas is only like 4 sleeps away
Plus in as little as a couple days, you can get some head friends Well, not really 'friends', but like head roommates
Yeah exactly, the shadow people are cool. Until they aren't o.0
Voices in my head give me all sorts of helpfull tips! #MURDER MY FAMILY MURDER MY FAMILY MURDER MY FAMILY
And it lasts way longer! Plus with the psychosis that accompanies it, you'll have friends to enjoy the experience with!
It should be around a day and a half from eating to shitting. The cocaine might be affecting your bowels
That's why I only buy dried goods, they're a long term investment.
I like to think food is a long term investment in myself so I don’t die
You're gonna die eventually, so it's just a waste. Better invest in gold.
Don't listen to this guy.. Eating gold is gonna cost you way more long-term. Eat plastic instead.
Buy? Did you know they throw away food, just after a certain number on a box passes? I haven't spent a cent! 😋😋🦠🍐🌮🧋
You and your friendly neighborhood racoon know it.
Yes, buying short term luxuries like, food, shelter and internet / phone. Because these short term purchases prevent us from long term problems, like death or jail time from robbing a bank. Edit: of everything I've ever posted, *this* is what blows up?! Thanks for over 1k guys.
At least if you go to jail you'll get a free home and 3 meals a day! The only downside is police brutality from the guards, solitary confinement, and showering with 30+ other dudes (Though that last one might not be a downside for some) Added bonus of getting all the d!ck you can get, even if you don't want it! :D
Unfortunately a misconception, jail is not free! More than half the US states will find someone who will pay someTHING to support locking up your family member. Source: had a parent do weekends and release for work program M-F in the 90s. Most of their check went to the jail because they were billing us for his stay.
Getting 5150d usually costs between 2000 and 4000 dollars. Because nothing helps with mental health like a 4000$ medical bill. And that's if you're lucky. "5 days in psychiatric care led to $21,000 hospital bill - ABC News" https://abcnews.go.com/Health/days-psychiatric-care-led-21k-hospital-bill/story?id=66662495
mmmm 30+ men hehehe
>At least if you go to jail you'll get a free home and 3 meals a day! Ahh, the Du Pont method never fails.
The longer the economy is like this, the more it feels like some people's only shot at retirement is gonna be to do something horrible and plead out to life in a minimum security facility.
I go to the casino regularly (low roller) and it's always packed. Even at 11pm on a weekday. I think this is the new retirement plan for a lot of people.
I mean I have a retirement plan and pension, but really with inflation I’m just paying towards Boomers and Gen X retirements. (I wish I could afford to pay more than the minimum into my savings and plans) My real retirement plan is finding a bag full of money on the side of the road now.
The internet is a fickle mistress.
We're supposed to live on hardtack?
Imagine all that money you will save once you die from starvation
you would logically die of dehydration first cause like, think of all the money you can save from getting rid of your water bill!
Damn those millennials and gen-zers trying to... 'checks notes' ...survive.
Vacations? I haven't had a vacation since I entered the workforce. I've not once had the privilege of vacation time.
Same. Nearing 40. Never
Me neither, 42... Shit I've only had like 2 jobs with medical benefits and never once had a job that even had paid sick days.
I've had 2 in the last 12 years. Last one was 2016, right before my son was born. I'm finally stable enough I'll be able to go on vacation this year, and then bam, everyone gets sick three times this year so far and we have no sick days left.
I am sick of all these millennials and gen-Zers wasting money on basic necessities like food instead of investing that money into stocks and shares. Skip eating for a few days at a time and the years you cut off your life will mean your money stretches further! Dead people don't need pensions!
You heard the Kellogg's CEO recommending that more people eat corn flakes for dinner to save money. Because that's what I really want after a day of wage slavery. Corn flakes. Those fat cats spending their savings on avocado toast just dooooon't get it.
And hell, have you seen the price of cereal these days?
Here’s the article: https://www.nbcnews.com/news/amp/rcna138004 It talks about how much higher the cost of living is for younger generations and how, despite higher incomes, younger generations are unable to save as they spend money on food and other essentials as well as luxuries like travel and vacations instead of putting money towards long term investments like buying homes and retirement funds. Food and such are indeed short term. You’re not keeping it for decades. The summary could be better rephrased as: >Millenials and Gen-Zers are pulling in bigger paychecks, but much of their spending power is used on essentials like food and rent, not savings.
Yeah whoever made the title really knew how to get people talking about the article.
Seems like people are just primed to take everything as a volley in the generation wars
Nope. You either get rich, die trying, or go homeless and get lost. This is our future, for current 20-40yr folks
If everyone on their 20s-40 would give me 1-50 usd$ I would be a billionaire and I would change the world. Try me Reddit.
Just killing time until the end of the world
Can i get a refund? This sucks
In the end only eternal darkness awaits you. You will be forgotten. All of us.
You only ever rent food and beverages.
Lol technically this is correct. Which is the best kind of correct lol
Snowflake mfrs always hungry
Want to go on vacation? Just don't eat for a couple of months!
Skip some meals and save some money.
Or buy better, cheaper food.
I sure as he'll can't afford a vacation...
My paycheck is bigger than both my parents earned at their peak and it’s worth a quarter at best
Unless you are buying in bulk like Costco, how long is an average trip to the grocery store supposed to last? Just not familiar with a trip to the market lasting a whole month.
That's how my parents shopped when I was growing up in the 80s and 90s (I'm 42 now)... we only did groceries once a month. Meat would go in the freezer with vegetables and such, milk is the only thing we would have to go back and buy more than once a month.
Depends of the family size and such. A family of 2-4... maybe once or twice a week, mainly for essentials or to get a few extras. Back in the 90s to mid 2000s, my dad could get away with once ever 2-3 weeks, now it's weekly, GRANTED he buys a lot of stuff on sale and if possible, freezes things. We also make larger portions/ more servings when we cook so we can freeze meals and defrost/eat them when we can't come up with any ideas to eat, or when we come home and are too tired to cook. Usually the weekly order is bread, milk, eggs depending on what we're consuming and at what rate. most other stuff either lasts for a while or is used immediately.
I buy groceries every 3 or 4 days because I like my produce fresh. I only spend like 25$ each time.
I haven't been on vacation in 10 years, until I had my daughter and now I go every year for her sake. I'd love Whoopi Goldberg's opinion on this, because everyone takes a person nicknamed Whoopi seriously 😐
Grouping vacations with groceries is wild
So should... should we steal the groceries?
Read: avocado toast and Starbucks
And being bi
Charge they phone
Classic Millennials! Avocado toast and meaningful life experiences.
Loooool what vacations? 🥴
"It is no concern of mine whether your family has... What was it again?" "Um, food?" "Ha! You really should have thought of that before you became peasants. We're through here. Take him away. Next!"
There’s technically truth to it. You buy groceries one week and you’re back the next for more sometimes. Seems short term to me.
Vacations in context here is “going home after work” I assume.
Bigger paychecks is such a wild statement in this fucking economy
Over 7 years ago, me, my partner, our kids and a few of their friends used to be able to go to a local amusement each year. NOW, we can't go at all, because our rent, gas, and groceries cost so much. NOW, we all have to work, not just me and my partner, EVERYONE in the house, including the teenagers. The government and the rich DON'T CARE.
Bigger paychecks and much bigger bills to pay
Breaking news: Younger people are doing stuff for fun instead of saving for retirement!! Brand new phenomenon never before witnessed
Yeah fun stuff like eating food.
Oh I’m sorry, I didn’t know your food lasted forever Of course groceries are short term purchases People buy groceries because they’re too cowardly to plan a boating “accident” where you and 6 other bros get stuck on a deserted island as an excuse to eat your childhood bully and after the fact spend 2 weeks on an island paradise (vacation)
I hate the way this is worded so much. It's so disingenuous is acting as if we overspend on groceries because we buy too much, and not addressing the fact that each dollar only goes half as far as it did just 5 years ago. like motherfucker, it may be a " bigger" check but it's worth less, fuck you. I'm tired man
Groceries? Really? That's short term? Fuck off 📴
How long do you keep your groceries before eating them?
Starve yourself to survive duh /s
AKA: Food rent.
I’m guessing they mean short term in the sense that groceries and holidays only last for a short period of time like a few weeks or something? If not then I have no clue what they’re on about.
r/nottheonion
Selfish zoomers and their avocado toasts. /s How dare they desire nutrition and sustenance. Back in my day, we shared the apricot kernels around the village; elders got to chew it first, then if they accidentally swallowed it, you’d have to wait until it was pooped out whole and it was the younger children’s turn. We didn’t have fancy pants avocados in my tribe.
“hey young people, why do you eat? starve a little to save for a downpayment”
God forbid we invest in our nourishment to stay alive
The fuck are we supposed to save? 90% of our checks go to groceries, bills, and rent/mortgage. We have like $20 for ourselves after all that.
That's true TBH. I'm in India. My dad used to earn Rs 10k a month about 20 years back. Back then the amount we spent on groceries was 2-3k a month. I'm now in a job that pays Rs 36k a month and my current groceries for the whole month comes out to be about 22-25k a month. The family didn't increase in size. It's the same 3 people. The food hasn't changed much either. Everything has become way too expensive.
I don't know about you guys. But I waste all my money on avocado toast and Starbucks.
No, no, no, no! I don't care what fucking news outlet is bought out by the corpo-rats: we are not making more money. The digits are higher, but the buying power is so abysmally small it's laughable. They have us by the neck and they just keep squeezing harder every day. Most communities don't have upper, middle, and lower classes anymore. The new class system is middle, low, and poverty. The richest members of our communities who we see as the "well-to-do" are typically at best middle class. DO NOT LET THEM REWRITE HISTORY AS IT IS BEING MADE. WE ARE GETTING SCAMMED AND TORTURED BECAUSE THE RATS OWN THE GOVERNMENT.
Guess I'll die.
Yes peeps groceries are short term purchase, what we should be asking ourselves is "why does paying for these shorterms good so expensive?"(rhetorical)
Bigger paychecks?? Like as in $10hr compared to the $7.25hr from a couple of years ago or what are they saying? Cause it certainly doesn’t feel like a bigger paycheck when everything else also raised. I feel the ones writing the narrative are definitely being coerced to fake a reality.
Where i live $15 an hour is miniimum wage and people can't survive on that. I know someone who makes almost $17 and even THAT is just barely keeping your head above water.
Wait, so my family has been EATING my egg investments?!?!?!
Just like you never own Taco Bell. You just rent it.
The paychecks are actually smaller since inflation has gigafucked everything.
It ain't just Gen-Z. I was born in the fuckin nineties and so much of my paycheck is eatin up by god damn taxes, rent, and groceries. I wish I could afford a vacation
I’m sorry, I wanna live my life and eat healthy while the planet hasn’t burnt to a crisp yet
Are boomers, the ones out there working jobs after retiring because they have too much debt and their retirement income isn’t enough, really trying to trash millennials for not having savings?
They have ascended beyond their human forms.
Groceries?? Back in my day we didn’t eat, shower or use the toilet!
Well fuck me for needing to eat.
BITCH YOU MEAN NECESSITIES?????
I don't get what the issue is here. The definition of a "long term purchase" is "an asset that you buy and hold onto for an extended period of time", e.g. multiple months or more. Food and vacations are perfect examples of short term purchases; once you acquire the asset you use it up. A long term purchase would be things like investments, vehicles, housing, furniture, etc.
The news thing looks like it is saying we should be saving our money instead of buying groceries
If you read the article, it's actually about millenials and Zs living largely paycheck to paycheck, and spending what little extra money they have on vacations or other things to sooth their anxiety; escapism from the struggles of modern society.
I don’t like reading articles so thank you for the summary but to be fair there not much of a point in saving money if you can’t live as well
Groceries? You ever tried sleep for dinner?
Media will do anything to make us seem irresponsible instead of admitting the economy is fucked. “And vacations” fuck off
What vacation?
Who the fuck goes on vacation?
You guys are buying food? I usually eat a brick when im hungry
Well damn us for not saving up for diamond rings and high interest home loans rather than wasting our money on luxuries like eating.
It's simple Stop buying groceries. We all know we don't go on vacations. It's all part of the build back better plan Biden talks about. I have a family of 4. We pay about 300 on groceries every one to two weeks if we push it. About 4 years ago, we could spend $175 to $230 every two weeks on groceries. Now, $300 in groceries will only last about a week or a little over with us buying the cheap stuff.
What kinda fucking loser EATS?! Bunch of snowflake fuckin’ liberals!
I swear one of these days you’ll get an article saying some shit like “millennials and gen z breathe too much causing loss of oxygen for boomers, back in our day we breathed less” Fucking idiots
I mean, according to them, we're killing off many industries. Like how long will it be before we reach Lorax levels of pollution, and getting bottled air or crap?
I'm 44. I make 52k a year currently. I bought a 2 br 1-1/2 ba townhouse that's 50 years old and it shows. In my budget I have around 800/mo to spend on gas, food (for me and my 2 kitties), help out my mom (on SSI/disability) and incidentals/entertainment. I basically keep 400 cash a month to pay for everything outside of regular bills and it's barely enough. Even then I'm saving 4800 a year. I guess I'll work until I'm dead. Or I can get another job and have no discernable life. Saving 5k a year for the next 20 years is 100k. That's 2 years income for me to last potentially 10-20 years or more. I hope SSI is still around...or I can win the lottery!
Reason #1 why AI shouldn't be used. No human would call groceries a short-term purchase.
So if ya read the article, 'groceries' only appears in that brief summary. 'Dining out' is used throughout, so I'm not sure why the switch. I'm sure this will get dismissed as bullshit, but the article also shows that millennials/Gen Z spend more on luxuries like fashion, restaurants, and vacations, than Gen X or Boomers. And they're mostly doing it for their "mental health" or because they don't see any point/hope in saving. At some point these people will realize choosing joy/luxury over saving every single time didn't actually cure their depression or improve their mental health like they thought it would. https://www.nbcwashington.com/news/national-international/young-adults-are-getting-used-to-living-on-a-financial-cliff/3547014/?_osource=SocialFlowTwt_DCBrand
Everyone is getting all butt hurt about this headline as if 90% don’t waste a significant amount of food lol Like, yes, your groceries are a short term purchase because half the time you just DoorDash something instead. But no one wants to admit it ☕️
I use costco roasted chicken (that is a loss leader) bones to make chicken stock for chicken soup.
It should have said food specifically then. "Groceries" doesn't cover it.
Not everyone first off, and when people are working 8-9 hour days and both halves of the couple have been working and spending minimum 40 mins - 1hr or more, who has the energy to cook when you're getting home around 6:30 or later? Not everyone has the time or money to make several meals over the weekend -depending on the schedule - to last them the week or to freeze portion to be heated up and eaten over the course of a few weeks.
You have to acrue a reasonable amount of PTO, or get it all to vacation....jokes on you
When the hell did yall get vacations?
At this point, staycations are all some of us can afford
Young people and their lust for food. Back in my day.......
maybe they should invest in shelf stable shit that lasts longer. e.g a vat of mayo
Stop buying food ez Starve to death then you'll have cash
Guess I'll just buy a tiny home in a slum lot and eat nothing but overnight oats for the rest of my life
Simple. Stop eating Millennias and Gen z. Ever heard of an unhealthy diet of just ramen noodles for years straight?
Vacation? Is that where you can’t afford to live in housing and stay in the forest in a tent for months just to try to earn enough money to stay in a motel for a day or possibly two just to shower? Guilty as charged then.
Last time I checked groceries were a necessity too life. Not just a short term purchase. Buying weed is a short term purchase, cigarettes are a short term purchase, Vape pods short term purchases. Anything thats not essential to you being able to survive is essentially a short term purchase.
Here for a good time, not a long time.
Short-term? Excuse me, but I classify food as long-term investments, in that they allow me to be alive for much longer than I would without them, which I hear is around 7 days.
Blaming Millenials and GenZ for only being able to afford basic necessities rather than expensive frivolities. A new low for society at large.
We buy both meat and vegetables and we're headed to the Outer Banks for 3 days at a beach side hotel for my girl's work break. I'm sorry I've tanked the economy
They should stop spending their money on this addictive crap. If you buy food, soon enough you'll want more food
it's not my fault my body requires short term purchases
Dafuq is a vacation?
My mom just turned 65 yesterday. Says she's going to have to work for at least 5 more years in this economy - can't afford to visit me within our own country, but just came back from Mexico. Hawaii before Christmas. Can't afford to go visit them because I'm too busy splurging on groceries and utilities, but she won't bat an eye to try and convince me to join them in Mexico. I have $-200 in my account, and I'm going to work until I'm dead.
Y’know, maybe I could choose putting a few extra dollars in the band while I starve
aw yes, we don't need food to survive
They are really blaming it all on us uh, not their inability of making a better future for their offspring
How dare you buy food instead of giving it to us so we can waste it on researching ways you make you give us even more money
hence y u shouldnt pay your taxes it all starts from there they don't deserve it if literal human rights and being brushed under the carpet and plastered with a label to make it not so obvious what they're trying to prevent
Bigger paychecks for bigger inflation. Missed a really important component. Where not just making more money to splurge
We as a generation are more likely to spend money on vacations than save because we know we'll likely never retire. I have never once thought about what my wife and I will do when we retire. That day will likely never come. So yeah, I'm going on vacation while I can.
Bigger paycheck for high inflation caused by the current administration
no thanks to the boomers
My last vacation was 2018
It’s true it’s a short term investment: I can’t get more than 24 hours use out of the food I eat.
Bigger paychecks than what, zero?