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u/atomichaelus Apr 19 '22
It was tough for my mother, but that was a sacrifice I was willing to make.
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Apr 19 '22
Hardly a sacrifice. Not does she get her kid to avoid taking loans (which is a huge advantage for the kid), she claims a significant amount of tax credits for this (so it was effectively a discount).
Oh the things you can do to save money when you're rich.
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u/Previous-Giraffe-962 Apr 19 '22
It’s seriously fucked up how much easier it is to turn one million into a hundred million than it is turning 10$ into a thousand.
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u/noratat Apr 19 '22
Depends on how wealthy the mother was.
I was very lucky in that my parents were able to cover my college tuition, but it was a sacrifice for them more than I knew at the time, and they definitely couldn't afford to pay tuition prices today with how much they've risen.
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u/Thromkai Apr 19 '22
My sister loves to give financial advice to her friends similar to this.
"Oh yeah, I totally paid down my student loans so quickly! It was so easy, too! All I had to do was marry someone with money, live in his apartment he bought with cash, and then him pay for everything while I worked and used all that money to pay them down."
She has no fucking clue what kind of bubble she lives in.
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u/ekaceerf Apr 19 '22
My friend is buying a new house. He was bragging how his mortgage is going to be less than my rent. He said he'd never got a mortgage for more than $1,400 a month. He is buying a 3200 Sq foot home in not a super cheap area. I said that's not possible to have a $1,400 a month mortgage. He said he told his dad what he wanted the mortgage to be and his dad handled the down-payment so the mortgage would be where he wanted it.
Freaking dudes dad is put up like a 250k down payment for him.
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u/t045tygh05t Apr 19 '22
The kid is a rube for thinking he's doing it on his own, and the dad is a rube for paying that up front instead of investing it and helping the kid with the higher monthly payments. (How dumb do you have to be to not beat 3% APR?)
My only solace about the lopsidedness of our economy is that I see a lot of these anecdotes where the fool and his money are soon to be parted. I just wish it would be to someone more deserving than a bank or RE speculator.
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u/mongoosedog12 Apr 19 '22 edited Apr 19 '22
I went to private school from Middle through high and then went to private institutions in the NE for college.
I came from a family where my extended relatives were all about pulling yourself up, and believed that you could do stuff in the headline on your own if you had enough discipline.
One day I was at my folks house, and my aunts and uncles were there. I mentioned I was leaving to go to NY for Halloween cuz one of my college friends is having a house warming party. I was 25 at the time. My aunt immedialdy snips and goes “see Mongoose she’s your age and already a homeowner, what’s your excuse, you did go to the same uppity schools, what your daddy pay all that education for”
I go “well her dad is a multi millionaire and bought her this house for graduating…. Oh and got her a job right out of college she didn’t have to apply for.. so Idk seems like y’all need to do better what’s your excuse for not providing me with a fully paid for home and job”
She just sucked her teeth.
Edit: words
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Apr 19 '22
Love your response!! And that's coming from a boomer. Hate how my generation thinks it's easy for you guys and that most of you dont want to work. What horseshit! My kids are in the same boat and i help where i can, I don't berate them for stuff like this. Just tell them to keep plugging on as things are bound to get better. Wish more younger people were running for congress and Presidency. Would vote for them instead of the old codgers we have now. Things might be more balanced. At least I'd hope so.
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u/brentexander Apr 19 '22
This is my fucking dad to the end. Called me stupid and refused to pay for my college after one year despite promising me 4 years at an in stat uni (I grew up middle class in Wisconsin) because he wanted me to quit school and become a public school janitor, an oddly specific career path, in my opinion. He refused to give me my inheritance from my mom which would have helped me buy a home, using it instead to buy his second wife her own cabin because the one we had wasn’t good enough. He did however paid cash for my sister’s house to help her ease her divorce proceedings from her second marriage, helped her buy a house near his, has now given her his house as well. My family of 4 lives in a 2 br apartment.
Sorry for the rant, my intention was to vent, not make everything about my selfish self.
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u/NILPonziScheme Apr 19 '22
Idk seems like y’all need to do better what’s your excuse for not providing me with a fully paid for home and job”
I cackled.
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u/SoggyQuail Apr 19 '22
lmao what a fucking boomer.
Can only consider their viewpoint, ignores the actual reason why someone else was successful.
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u/veastt Apr 19 '22
Fuck....I can't clap enough. Let me go find the free stamp thing for today
Edit: gave the seal one. Guess that's the only free sticker thing for today.
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Apr 19 '22
My friend was the same. He lived at home until he was 27. His dad paid for everything, food, car, insurance etc. while never charging him rent. Allowed him to put away basically 80% of his wage and still party all the time.
He only moved out when he found an independently wealthy girlfriend (only wealthy because her boomer parents inherited big, so she too had never worked a day in her life). She didnt make him pay any bills etc so his income was entirely his. She took him all over the world and allowed him to live the life of a millionaire. All the while his wage was 100% his to do with what he liked, no outgoings whatsoever.
He was constantly giving me financial advice. Telling me how much he'd saved. He couldn't understand how I could work full time still not have ends meet.
He fucked things up with his girlfriend eventually and got a hard dose of reality. We stopped being friends not long after that. Turns out what endearing personality he had left couldnt survive reality.
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u/Career_Much Apr 19 '22
My sister talks about how hard she worked for school. For years she would give me advice and make snide comments. Supposedly she paid her way through college all by herself.
Then, when I was about to graduate, I ended up in a situation a few days before walking where I realized that one of my classes hadn't come through when I paid the rest off so I had 4 days to come up with $5k or I wouldn't graduate. I called her sobbing and she told me not to worry and to just call dad. It stopped me dead in my tracks. Turns out, every year my dad bailed her out of not paying her tuition by just covering her for it super last minute so she'd be able to enroll in classes the next semester. I was FLOORED. She was like "one time he pulled out $20k in 24 hours. You'll be fine" the remorseless pathological lying bitch. I can't even fathom that kind of audacity
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u/OpheliaRainGalaxy Apr 19 '22
That's literally one of my worst nightmares!
Seriously, I have terrible night terrors, and a few years after graduating from college I had an extra horrible one about having to come up with a crazy amount of money right before graduation or all those years of hard work would be for nothing. The feeling of that situation was just... yeah, no, I'ma go find a hug now.
I'm so glad you could get help when you needed it, and I'm sorry your sister let you experience that really horrible feeling instead of just being honest about how she financed college so you'd know about the backup plan if you ever needed it.
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u/Anonbawnaroo Apr 19 '22
I grew up with several women who ended up marrying their way into prosperity. I’m not doubting that they love their husbands but it’s sort of funny that for all of them, the “one” ended up being some fella who had millions. One bought the coffee shop she used to work at, except she drives a BMW now and lectures other people about “following their dreams” and about how easy it is to find happiness if you just “put out good vibes”.
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u/ArmedWithBars Apr 19 '22
As a younger guy the trick is to be the rebound for when she eventually divorces him and gets half his shit. Got one buddy from college that did that. He was 26 and went for a 44yr old women that was divorced but obviously loaded. Her husband owned a very large luxury construction company and she got millions in the divorce. My buddy slides into the mix, marrys her after a year of dating, and lives carefree now lol. Check him out on insta sometimes and he's always in a different country with her.
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u/adamthebarbarian Apr 19 '22
And that last part is what bugs me, I don't care if your parents were in a position to pay for your college. That's truly wonderful that they had the means and chose to do that for you. But don't then turn around and tell people you're a financial wizard lol
Yes college can be challenging, but having to work a job at the same time makes it harder, and the student loans sap away your future success.
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u/Ragnar_Dragonfyre Apr 19 '22
Bonus points if your sister moves out as soon as she graduates and gets a job offer like what happened to my buddy and his fiancé.
Just when he thought she would start reciprocating and he could go back to school, she bailed and he lost everything.
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u/LRGDNA Apr 19 '22
Same exact thing happened to my best friend. He worked 2-3 jobs while his girl got her masters. After she graduated, she got a good job and he went back to finish school like they had planned. Very quickly, she started giving him crap about not working even though he was going to school. So, he got a part time job to satisfy her and kept going to school to . Not long after that, she left him, basically saying they were not in the same place in their lives. It was such BS.
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u/Desblade101 Apr 19 '22
When I tell my friends that my wife and I both graduated from college debt free they want to know how.
My wife and I did it in two different ways.
I was prior Military and worked 2-3 jobs during college to pay for everything.
My wife married well.
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u/remoteman_aus Apr 19 '22
My parents are in a similar situation where my dad was really responsible and made good money and my mum grew out of touch since she never needed to work and had no idea of monetary value for regular people. She would give me advice, like your sister, I just chose to listen to my dads advice instead.
I don’t think it’s worth mocking people like your sis or my mum. They’re either genuinely unaware or pretending they don’t know so they can ‘subtly’ flex. Either way, I haven’t seen anyone like that change yet, so I don’t think it’s worth wasting your time on.
This just reminded me of something my mum wanted to do, start a wellness seminar recommending products in a poor area to ‘help people’ she wouldn’t charge of course, because she wanted to help people for free (ignoring the cost would be covered by my dad) but when I pointed out the people in that area probably wouldn’t have the ~$100 a week they needed to spend on those health products, everything from toothpaste to activated nuts to vitamin company etc. ‘I’m sure they have that spare it’s for their health they can just get less takeaway or something’
Clueless. Meanwhile dads driving a car from 2007 so he can buy more property
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u/ginga_bread42 Apr 19 '22
Them being unaware is due to a very willful ignorance, especially with the internet. They can easily educate themselves on how people are living and the struggles people are facing compare to those of the past. Instead they give empty platitudes and go on about how you'll be able to buy a house by saving $20 every month by not getting Starbucks.
No one would care if they didn't go about lecturing others and giving terrible advice. Once you do that, you're leaving yourself open to criticism, mockery and shame.
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u/Hita-san-chan Apr 19 '22
My friends bfs patents gave them 100k for a house. I was talking about how it's gonna take some time before we can afford a house and she goes "just work more over time" cause that's what she did of course 🙄🙄
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u/BreathOfFreshWater Apr 19 '22
Dated a girl like this. Family just bought her a $750,000 house after 4 free years of college and had the audacity to tell me she had to get a job to survive in college for a year.
Yes. This bubble is a problem.
Edit: She loved giving me financial advice. Not several minutes later she'd talk about wanting to spend summer in Italy. Smh
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Apr 19 '22
This is a very smart way to operate though. Don’t hate the player.
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u/abstractConceptName Apr 19 '22
It's a classic.
Marrying money is the really quickest way to get rich.
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u/Swimmer-man96 Apr 19 '22
It's not a bad option for those that are in that situation and agree to it. The problem comes from sounding like she's unaware of how good her circumstances are, advising others not in a similar situation that it's easy with all these great support systems instead of saying she's lucky to be able to do that and figuring out what will actually work for the friend.
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Apr 19 '22
Well considering they’re writing an article about how easy it is, I will hate them lmao
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Apr 19 '22
My half brother used to tell me I was bad with money because we worked at the same company and I made $18.50/hr and he made $13 and he had more money saved than me. He had a trustfund that gave him $700 a week. He owned his car out right because of the trust. His rent was paid for the year in advance from his trust. His insurance, paid for the year through his trust.
I was like yeah totally bad with money... You work more hours and already start the week at +$700 more than me. I did the math and showed him and he maintained that I was still bad with money while he was not. We found out that he burned through his trust before taking his life and his dad thinks my mom stole it. Laughable. His dad did his best to poison my brother against us. Told him we only cared about his money. He owed me money because he didn't like asking his trust and I would cover his groceries because that is what a big sister does. I miss that little asshole a lot but one of my biggest worries was having to support him when the money ran out for him. It's a weight off our shoulders but I struggle with that feeling daily.
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Apr 19 '22 edited Apr 19 '22
‘I got a free ride and didn’t have to work in college. Why are you peasants so lazy?’
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u/Sparkleskeleton Apr 19 '22
The best part of the article is that one of the ways she kept her expenses low ... is she bought a house so she doesn't have to pay rent.
Thanks, what a great tip!
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u/SaffellBot Apr 19 '22
My ex went through a master's program with someone who was "self made". The self made hero didn't have to pay rent, mommy bought him a house in one of the most expensive college towns in the US. When our self made hero graduated mommy gave him the house as a reward for getting good grades. "To help start his career".
The rich have safety nets surrounding them from every direction. If they fail at everything they do from birth until death they'll still be better off than a poor person who fails even once.
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u/sussssiestbaka Apr 19 '22 edited Apr 19 '22
Reeks of how to draw a cat Instructions…
How to draw cat:
1: get pencil and paper
2: draw cat.
3: see step 1 and 2.
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u/pukem0n Apr 19 '22
I bought a couple politicians so I never have to pay taxes. Genius.
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u/SpaceLemur34 Apr 19 '22
I've seen worse. There was one of these articles where the parents bought them a house, but the kid then moved in with their grandparents and rented out the house.
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Apr 19 '22 edited Oct 14 '24
sheet ring shame sophisticated aromatic nine languid frame ad hoc weather
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Apr 19 '22
Reading that article of fantasy, they saved between 55 and 65% of 54k plus paid taxes, and still afforded a flat in New Jersey, and food, bills etc . I call horse shit. Mum paid rent or bills or both
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u/beer_bukkake Apr 19 '22
I thought this was the onion at first. How entitled and out-of-touch.
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Apr 19 '22
I mean it’s implied he did because that’s where she got the 100k from, but the fact that she didn’t have to spend any of it is still a huge difference.
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u/vpforvp Apr 19 '22
I will say I had the benefit of my parents being able to pay my way for me through college. I still was struggling to pay my rent every month at 27!
I acknowledge that I have been financially privileged and even then, it took me a good part of a decade to become stable. How is anybody who has to pay their own way expected to be able to survive unless they fall into a lucrative job right out of college.
It was a rude awakening going out into the world and realizing that your skill set that you had worked on for years was worth less than $20/hour to most employers.
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u/swolesquid_ Apr 19 '22
“Saving that much money was no walk in the park. My mom, I mean, uh, I worked very hard for it.”
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u/NonGNonM Apr 19 '22
I have a friend who says similar things except he never mentions the times his family's bailed him out of 5+ figure debts.
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Apr 19 '22
My parents once bailed me out on a medical debt that was about $1000 (which was going to keep me from finishing my last semester of law school). Even that felt like more help than 90% of normal people are able to get. (And this was a law school where I was in the bottom 10% of the wealth/income already, most other students around me had their houses/rent paid for so they could focus on "school").
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u/JayGeezey Apr 19 '22
Idk if the article in the screenshot is an example of this, but I've seen/ read some articles with similar titles and the journalist points out similar things in the article - and actually, the ones I'm referring to at least, were trying to make the point that working class people CAN'T save money like this, or afford a house, etc. citing the fact that the only way they were able to do so was because they had financial support from their parents. Obviously not all articles are like this, but the ones that are have the same/ similar titles to click bait people, but arguably is targeted at boomers and such, and the point is to be like "I have a high paying job and I still can't afford basic stuff you dumb fuck - shit needs to change."
I always take screenshots like this with a grain of salt because it's hard to know with just the title and one paragraph showing they needed financial help = if it's ruling class propaganda or someone actually showing the flaws in our society.
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Apr 19 '22
Every article I’ve read like this makes its point far too subtly if they are in fact trying to make this point. My theory is that journalists on average come from privileged backgrounds because the pay is far too low to compensate for the education necessary in most cases. So they don’t even notice how odd it is to take things like having your parents pay for all of your college as basically a given. How many entry-level or even mid-level journalistic writing jobs pay enough to cover payments on $140k of student-loan debt? (or more, I took out living expenses as well as tuition, since working during law school is not a recipe for success)
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Apr 19 '22
“I even had to talk to her on the phone a few times a year and respond to her holiday texts. So glad that ordeal is behind me.”
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u/zxcoblex Apr 19 '22
My favorite was the
“My mom bought me my first house. We decided to move into my grandparents’ mansion and rent out our place.”
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u/ItsameRobot Apr 19 '22
This seriously sounds like satire
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Apr 19 '22
If it's the one I'm thinking of, she also moved to a LCOL area and got a job at her mom's company for the same salary as her previous job in a HCOL area.
And in the end she said, "if I can pay off $X debt in 5 years, so can anyone."
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u/DandalusRoseshade Apr 19 '22
No, when you're a blood sucking leech, being a landlord is pretty much your best option.
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u/Sarcastinator Apr 19 '22
I remember an article about a couple that also paid down their student loan in like 5 years or so and ended with "if we could do it so can you". The woman's mother had nought a house at auction for them which they rented out while they lived with family. They also both made like 100k.
How can someone say, with a straight face, that having their parents buy them a house is a budgeting tip? It's insane.
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u/trying-to-be-kind Apr 19 '22
Are you thinking of this Forbes article? Yeah, it was pretty gag inducing.
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Apr 19 '22
My cousin is like this, he goes around talking about how self made he is and how he worked hard for it while giving people advice on how to be like him. He always leaves out the fact his father died when he was 16 and left him 2 million dollars.
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u/ModsRDingleberries Apr 19 '22
Poor guy is so in denial that he didn't work hard for his success after probably being raised with rugged individual Murican values.
As a liberal I don't have to worry about fabricating lies about my success to impress my liberal (or conservative) friends. I'm free to straight up say, "90% of my success was birthright. No one should have to work hard to achieve my success of being salaried at $240k/yr at age 29. Why? Because I didn't work hard and I still don't."
I'll never understand the inferiority complex that compels one to value the bullshit Puritan ethic of suffering to achieve success. No one should have to suffer to achieve success, it should only require average effort.
We should all be on a beach sipping mimosas brought to us by robots but instead we have pricks building dicks to ride into space on so that they can escape the world when it boils in 50 years. Boils because of their efforts, no less.
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u/Jabbles22 Apr 19 '22
You bring up a good point. Just because a job pays will doesn't mean that it involves hard work.
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Apr 19 '22
As one of those folks who got lucky enough to have their fam back them up - it's bullshit when people act like they did something remarkable when they show up with articles like this.
"Good job kiddo. You were born to money and didn't squander it. Way to mark off a pretty baseline achievement."
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u/SemiSweetStrawberry Apr 19 '22
Fuck yeah. My parents own the condo I live in and I didn’t have to pay rent while I looked for a job after college (that they paid for). I’m like…the opposite of self made. Did I still work very hard for my success? Yes! Will I get farther in life than someone without the same economic advantages who worked harder? Also yes! Will I vote for economic policies that help to bridge that gap so that effort can be more directly proportional to success? You bet your ass! A rising tide lifts all ships. Just because someone else is succeeding doesn’t mean I have to fail. And just because I succeed, I don’t want anyone else to have to fail either
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u/YoteViking Apr 19 '22
There are a hell of a lot of people out there who had a big boost up in life and squandered it.
If one thinks that every kid whose parents pay for their college has 100K saved by 27, one is as delusional as the people asking why EVERY kid can’t do that.
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Apr 19 '22
maybe. but that's just being dumb (or not caring about saving money, which is fine too). the point is that managing to save 100K while your parents pay for everything is still not a qualification to give other people financial advice whatsoever.
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u/ThadisJones Apr 19 '22 edited Apr 19 '22
"Just have free college tuition and a huge safety net and tons of other things"
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u/Arquemie Apr 19 '22 edited Apr 19 '22
I basically got free college tuition because of the fact that I'm poor as shit and I'm still nowhere near saving $100,000k.
She talks about saving a ton, keeping expenses low and investing. She says she made 54k a year, -15% went into her 401k -taxes and she saved 50% of it. So she was apparently living CLOSE TO WORK MIND YOU, on 19k a year so she was living on like $350 a week. (54k - 8k - 9k = 37k / 2 = ~19k)(base - 401k - taxes divided by savings)
I don't know about yall but something ain't adding up, she says she got a tech job and lives near it. Show me where you can live near a tech job for cheap and still survive.
There is no doubt in my mind she's lying or got a massive amount of help, be it food, groceries, rent, etc, from mommy.
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u/asadisher Apr 19 '22
I saved downpayment for a nice downtown condo by living with my parents for 5 years after college and my inlaws provided a nice portion of downpayment! evey canadian housing succes story ever.
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u/LeftZer0 Apr 19 '22
I saved enough to buy a house by living with my parents for 5 years until they bought me a house so I'd leave them alone!
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u/HomeGrownCoffee Apr 19 '22
My story is pretty similar.
I have a good career, and am frugal, but if not for my fiancee's parents, I wouldn't be in this house.
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u/GrumpySpaceGamer lazy and proud Apr 19 '22
Whoa I didn't know you wrote for Toronto Life!
BlogTO must have been sad to lose you.
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u/Frankie__Spankie Apr 19 '22 edited Apr 19 '22
I also love the articles, "How I make $10k a month on passive income" while listing all the things they actively work on to get paid.
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Apr 19 '22
It always starts with a multimillion dollar investment into a fortune 100 company’s stock that pays dividends or scooping up a family house and pimping it out to renters.
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u/Frankie__Spankie Apr 19 '22
Every single one of the articles also include, "I made a blog 10 years ago that I got super lucky that it got successful, I still have to post new content every day or people would stop coming back but this is passive income!"
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u/Logical-Error-7233 Apr 19 '22 edited Apr 19 '22
I hate these so much I started blocking any site in my feed that contains these articles. Every god damn time it's something like online courses or coaching. That's not passive income unless you created the course once and just ride it for years. That is almost certainly going to see a drop off when the content gets stale and not going to maintain a steady income for long. If you need to keep adding content to keep making money then you have a job creating online courses, not a passive income source. If you're doing any kind of online coaching then you have a coaching job, not a passive income stream. Nothing could be more active than coaching it's like the opposite of passive.
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u/Fernandesisshit Apr 19 '22
Every time and then some. See it all the time with these types of people. Those YouTube ads about how to save money? Those Instagram influencers that are living the jet set life? They never made it on their own.
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u/Adorable_Parking6230 Apr 19 '22
Most of those instagrammers are dirt poor anyways.
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u/BouncingPig Apr 19 '22
Yep. I dated an IG Influencer for a few months, she was nowhere near as attractive in person as she was online. I met her in person so I didn’t know any better for a while. But she also spent all of her money on luxury hotels and air bnb’s to give off the vibe that she had multiple homes. She would come with me to the gym, have me take pictures of her, then go home without working out lol. It was a weird few months.
We had to break up cause she wanted me to take steroids before she was going to post me on her IG page. She had a few hundred thousand followers.
Seriously was a weird time.
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u/Weird-Vagina-Beard Apr 19 '22
They're always trying to get free food for exposure. Should tell you all you need to know. Wannabe Kardashians.
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u/kingofthesofas Apr 19 '22 edited Jun 21 '25
engine sense towering straight treatment alive wide hurry husky cautious
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u/jolsiphur Apr 19 '22
God damn. Savings $100,000 in 3 years would be the equivalent of putting $2780ish away every month, without counting for any investment or interest.
I don't even bring home $2700 after taxes. Looks like I'm SoL to have $100k in 3 years. Too bad my parents aren't wealthy and can give me a free ride.
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Apr 19 '22
When my first kid was born I did the math: Counting on a 6% return on our investments and projecting costs forward to 2030, we'd need to set aside $400/month from the month she was born to pay for college.
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u/SplinterRifleman Apr 19 '22
That is why investing is important and not letting your money waste away in a savings account. A lot of that 100K most likely came from good investments.
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u/lolzimacat1234 Apr 19 '22
cries in Canadian housing prices
We will need our parents to win the lottery, and maybe we can buy a house in Ontario
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u/220mtm Apr 19 '22
I have a buddy that's 24 yrs old and bought a 550k condo in Vancouver, he was bragging how he bought it himself, i then asked for some numbers and something wasn't adding up, it seems he forgot to mention his dad paid it in full and he's paying off his dad with a "mortgage of like $1000" lol Oh and now he moved back in his parent's 5mil house and he's getting rent money from the condo he got for free. He is convinced it's because of his hard work and effort.
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u/AlfredVonWinklheim Apr 19 '22
The place I rented 10 months ago has increased their prices to new tenants by $300 in Texas. I am a tech bro and I can't afford to pay rent. Fuck this system.
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u/CreamyLinguineGenie Apr 19 '22
I knew a girl who was going on and on about how poor people just want "handouts" and nobody wants to work anymore. I reminded her that her daddy bought her the Mustang she drove and begged his friend to hire her at his company. She got real quiet after that.
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u/GPTMCT Apr 19 '22 edited Apr 19 '22
It's actually incredibly easy to make $100,000 off of the stock market. Step one: Have $200,000
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u/Life-is-a-potato Apr 19 '22
if your parents pay for college, great, good for you, but don’t do this shit
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u/open-force Apr 19 '22
Ah yes, another example of financial fluff pieces undermined by the underlying truths of how the author actually came out ahead.
I bet it's usually people with this background who are compelled to share their "wisdom" because a tips article by people without it would probably read a little more like r/IllegalLifeProTips
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u/preston181 Apr 19 '22
This is also the same asshole who’ll say student loans shouldn’t be cancelled.
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u/Jewelstorybro Apr 19 '22
Why would we cancel student loans, my parents had to pay out of pocket. It’s not fair that other people should get it for free....
I’ve actually heard this argument.
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u/seattle_exile Apr 19 '22
I once interviewed for a company called All Star Directories. Their business model was to "capture" people searching Google for educational opportunities and feed them into their survey system. The user, not really knowing better, would fill this out. These would become "leads." Each "lead" was sold to any institution that wanted it for $50.
All Star Directories was making a killing.
Problem is, those folks were directed away from the cheaper, local, non-profit and state-funded options in favor of high cost private institutions with terrible graduation rates. Those institutions are not in business to educate, but to secure federally backed student loans. Once they get that money, they couldn't give less of a shit about the success of their students and alumni.
I have no delusions - most of the work I do is essentially feeding consumerism. I rarely turn an offer down based on ethical considerations. But I did this one.
You don't have to pay a mint for a four-year education.
Test into the highest courses you can
Take advantage of CLEP credit wherever possible
Leverage Community College to the hilt, particularly transfer credit
Stay in-state, and consider the less popular campuses/colleges under the state umbrella.
Employers really only categorize schools into three buckets: "prestigious" university like Yale or whatever, your everyday state/private college, and clown colleges like University of Phoenix.
Pirate the shit out of your course materials. Calculus was invented 300 years ago - the 13th edition has nothing new to offer over the 12th.
Full-time attendance (18 credits) usually costs the same as 10
No one sees your grades on your degree, nor do they see how you earned credit
Target jobs that have a tuition reimbursement policy
Explore Pell Grants, scholarships and other programs (not loans!) to fund tuition. You'll be surprised at how much money is out there.
Efficiently planning for college practically requires a college degree itself, but it is worth it.
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u/anonymoose_octopus Apr 19 '22
To be honest, not having guidance and not knowing how to plan for college is the only thing keeping me from going. I'm 31 but I'd love to study part time for a degree. My work offers reimbursements for good grades (up to 90% for A's, nothing below a C) so there doesn't seem to be a better time than now, but the whole process is so daunting to me.
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Apr 19 '22
Target jobs that have a tuition reimbursement policy
These are incredibly rare and you usually have to work there at least a year or more to qualify.
Pirate the shit out of your course materials. Calculus was invented 300 years ago - the 13th edition has nothing new to offer over the 12th.
Except if they assign homework from the book or do testing from the book and tons of scientific textbooks absolutely change between versions. Not always, but enough to make it worth at least finding out what the differences are.
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u/Dont_be_offended_but Apr 19 '22
I'm always horrified by the emphasis placed on getting into a 'good' school. Unless you're going to be a lawyer, your university's reputation is almost meaningless. For most jobs a degree is just a checkbox requirement for HR to fill out.
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u/Cyclonitron Apr 19 '22
So much good advice here. Especially the parts about leveraging community college, going in-state, and realizing employers don't care all that much about the prestige of your university.
I did the math on the cost of a 4-year degree from my state college and for the college with the highest rated program in my state. My degree cost 30k, while a degree from fancy college cost 240k. Would it have been a higher quality education? Probably. Eight times as better? Doubt it.
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Apr 19 '22
I also saved $100k but in two years!
-My parents had a 529 that paid all college expenses
-Got a full time job right out of college
-I lived at home for these two years
Why are you folks so poor?!? /s
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u/Credible_Cognition Apr 19 '22
I love these completely out of touch "financial tips."
I budget my money so I can always contribute to savings, like any financially stable 25 year old!
$2000 rent
$500 car - gas/insurance/loan
$1000 groceries
$300 phone/internet/subscriptions
$500 entertainment
$750 savings
Like sure, every 25 year old is netting 5 grand a month.
I got rich by quickly learning how to invest! Just borrow $50,000 from your parents first.
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u/AnonymousPineapple5 Apr 19 '22
Talk about this with a friend somewhat frequently. We both make decent money and she is struggling somewhat. Says she doesn’t understand how these people she knows make less seem to have more. I always tell her they are 100% getting help from their families and/or are up to their eyeballs in debt. She doesn’t believe it or something and wonders what she’s doing wrong. It really sucks! So many people who are showing off on social media are IN DEBT or getting a lot of help! Good for them on the help but do not go into debt for clout.
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u/Winter188 Apr 19 '22
The only way you gonna save 100k by 27 without help is working in trades and throwing your life away, working around the clock nonstop. I know a few people who are/were this well off at younger ages and they were/are all tradesmen who just worked constantly
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Apr 19 '22
Yup, there’s that guy that works at Google and lives in a box truck in the parking lot. I’m sure he’s a millionaire now, but reading the article…the guy has no life and seems to be pathologically adverse to spending money.
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u/Enchess Apr 19 '22
I just hit 100K saved when I was 27 and while it's tempting to claim I did it on my own, nah, my parents paid my college and my first car. Even with the help I still can't afford a house and get stressed at rent rising at an alarming rate. I can't imagine not having the help I had.
It's tempting to claim I did it myself because it did take good work to get here, so I understand why so many rich people can't admit they received unusual amounts of help. But ultimately, there's no shame in receiving help. The only thing to lose from admitting you aren't self made is your ego and it's healthy not to let that get too big anyway. Everyone deserves some security, to not have to stress about if they'll be able to eat or afford shelter, and it's ludicrous some people's egos stop them from admitting that not everyone can have that by simply working harder.
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u/TheBratMaster Apr 19 '22
Tbh, if we count equity I hit the lottery by doing everything in my power to buy a house and happened upon it before the pandemic rallied the prices. Outside of that I won’t see my first hundred grand until several more years at this rate 🙃
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u/craigske Apr 19 '22
Ten percent into a 401k might do it though. But not in two years.
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u/KestrelLowing Apr 19 '22
I know someone who did it... but they worked their asses off in high school and got a full ride to college where they majored in computer engineering while still having part time jobs during the school to pay for living expenses, and getting internships in the summer.
But even then, they had help. Their parents paid for health insurance through college. Also, they graduated college in 2014 so a decent time ago.
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u/NonGNonM Apr 19 '22
I know this is antiwork but this misleading. I know people that went to one of those coding bootcamps and they got a 6 fig job right after. Start early enough after HS and it's doable.
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u/Stellarspace1234 SocDem Apr 19 '22
I live with my parents. When I’m finally a salary employee, I’ll be able to save up for a few years, and buy a condo or co-op. All you have to do is be born into an affluent family.
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u/Midnight_Morning Apr 19 '22
With these articles it's always either:
Bank of mom and dad as mentioned.
High paying STEM job.
High income DINK couple.
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u/RowdySuperBigGulp Apr 19 '22
I put my school loans on my credit card with a balance transfer , then got on a debt relief program that cut it by 70 percent but had bad credit for a decade . But the govt can never garnish my wages now
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u/meoka2368 Apr 19 '22
100k in three years.
That's roughly how much the majority make in that period of time, before taxes.
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Apr 19 '22
When I was young I used to listen to a guy on radio give financial advice. After a while I realized the only way a person could do what he suggested was to live with your parents until you are 35 and get them to pay all your major bills such as housing, food, & transportation. Just save all your money the first 15 working years of your working life and you'll be fine.
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u/Skorpius_911 Apr 19 '22
When I started Reynholm Industries, I had just two things in my possession: a dream and 6 million pounds. Today I have a business empire the like of which the world has never seen the like of which. I hope it doesn't sound arrogant when I say that I am the greatest man in the world!
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u/PainlessSuffering Pro Union Apr 19 '22
It's kind of a total failure when you think about it. Got everything paid for and still managed to lose an additional $40k.
Something something my hard work and bootstraps etc.
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u/Speedtriple6569 Apr 19 '22
She neglected to mention that when she goes for a shit the end product is a perfect cylinder of sandalwood scented loveliness.
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u/The1Bonesaw Apr 19 '22
I bought my first house when I was 27. I did it solely on my own credit and borrowed NO MONEY from any of my relatives. That was a real sticking point with me because everyone in my family, including my parents and my wife's parents, had to borrow money from a family member in order to buy their houses. When we got married, I told my wife that we wouldn't buy a house until we could finance it ourselves, so we needed to start right away. It took us seven years, but we did it. We also saved while paying off our college tuition, and after our daughter was born (moved in when she was 4 or 5).
That said... We bought our house in '92 or '93... I was making $12 an hour ($25,000 yr), wife was making about the same... and our house cost us only $85,000. Today, people are still making around $12 an hour (or a little more than that, median is only around $32,000 yr). Salaries have raised only about 30% in the last 30 years, but housing costs have ballooned by nearly 400%... which is bullshit! It's no wonder why young people can't buy a house these days. They've been completely screwed out of the "American Dream" (more like American Nightmare).
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Apr 19 '22
I legit saved over $100k with almost no effort at all. Bought a house with some land by only putting 3% down payment (gift from parents, I’m perpetually broke). Waited almost 5 years and the property value increased by $100k so I refinanced my mortgage to get that value as cash. Bam, instant $100k and all I had to do was wait 5 years!
Did it all on my own with the exception of:
parents made the original down payment so I could buy the property in the first place
got lucky buying just before crazy house inflation began
See? Anyone can do it if you have someone else pay for your investment and then you get incredibly lucky with the timing of the real estate market.
/s
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Apr 19 '22
as a millennial who grew up poor af (home worth $30k, roof falling in) and trying to become a self made person, seriously fuck these people. no way they can honestly think parents handing them $135k is self made or saving money on their own. i had to borrow $50 once and i felt so damn ashamed.
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u/politirob Apr 19 '22
If you read the article it's full of useless bullshit like:
"Negotiate your cell phone bills"
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Apr 19 '22
Yeah my mom is always pissy with me because my wife and I can’t afford to buy a house (I’m 35 my wife is 30) we work our asses off and do a little better each year and plan to move back to NY and buy a house next year. My sister is 10 years younger than me and a part time teacher. Her husband is a social worker and they bought a house with his family’s money. They make less than i do combined. And my family especially my mother won’t stop comparing us! My mother also rented until my grandfather died when I was 20 and left her the house. It’s stressful to be looked down upon for being hard working.
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u/cmdrDROC Apr 19 '22
A friend of ours constantly posts on Facebook about how hard work can get anything you need. Posting that she runs a successful daycare facility.
Always leaves out that when she graduated her parents purchased her a home, a brand new car, paid her post secondary and gave her $200,000 to start her business....a cake shop, that failed before launch. Then $450,000 to start her daycare....and they manage all the finances.
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Apr 19 '22
I saved 120k last year by continuing to drive my 04 sonata and not buying a Nissan GT-R.
Does that count?
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u/Chartwellandgodspeed Apr 19 '22
That’s the most Henry David Thoreau shit EVER. Dude “lived off the land” and waxed poetic about it… from a pond in his parents backyard where his mom still did his LAUNDRY
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u/Relevant-Biscotti-51 Apr 20 '22
This lack of self awareness is so baffling to me.
Like OP, l also got free college without doing anything to earn it. But unlike him, I don't try to give anyone financial advice???
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u/HonkyTonkyHonky Apr 25 '22
These people strike me as the types of people who try to become an influential speaker even though they haven't really accomplished anything in their life.
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u/BelleAriel Apr 19 '22
The rich have no clue of the struggles of the ordinary person. Just look at Rees-Mogg, rich as hell and saying that food banks are a good thing after the government cut welfare.
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u/squirtfarts Apr 19 '22
I mean she’s not wrong, as someone who’s having their tuition paid for them by the government I can definitely say that when you’re not in crippling debt, saving money is possible! Dw guys, the top tip here is to find someone to give you lots of money that you don’t have to pay back with no strings attached, easy! 😁 /s
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u/xXx_smallpenis_xXx Apr 19 '22
Yeah I saved 100k too, all I had to do was wait for my grandparents to die and get an inheritance
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u/loraxlookalike Apr 19 '22
It’s so true though-and I don’t understand how people like this don’t understand their financial privilege.
Like I’m extremely lucky. I graduated college with about $10k saved in my bank account. But the only reason I was able to do that is cause my parents paid my tuition and my mom gave me additional money for rent and bills during the school year so I could focus on school. And like yeah I technically worked for and saved all that money but I would never claim I did that cause of “my hard work” or “great money management” or whatever else people like to say. Literally the only reason I was able to do it is cause outside of the summer months I had virtually no expenses due to financial support from my family. Trying to pretend otherwise is just disingenuous. Do these people genuinely not see their privilege?
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u/smitecheeto Apr 19 '22
I know a couple of people that have had really beefy savings accounts in their 20s, and it's usually because they were able to live with their parents for a long time and have no college debt while having high earning jobs. I mean I'm happy for them as they're people like me, but don't go giving people advice when you have advantages like that.
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u/ilovefreshproduce Apr 19 '22
It looks like the original article was from 2019... I feel like maybe we've moved past this dumb shit. Enough of these articles have the interviewees skewered for their lack of self awareness it starts to subside.
Regardless it's really fucking toxic to put this kind of thing out into the world. Most people will just read the headline. The majority of the population in this country let alone the world would ever be able to live like this.
My parents scraped together enough to pay for my first semester of college and I am truly grateful to them for that but I financed the rest and am still in debt over two decades later. Fuck this system and honestly people that have this kind of entitlement deserve to be educated about and reminded of what it is like for people without these kinds of resources.
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u/fingers (working towards not working) Apr 19 '22
During the last month of my dad's life he paid off the last $15k of my $50k masters. I'm still for wiping out all student loan debt.
I bought my house near the top of the market in 2004, loaned out almost 100% of it through FHA, AND I'M STILL FOR free housing for all who need it.
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u/Onsyde Apr 19 '22
I have over 150k saved up, I am 27, own a $380,000 house, I still have about $70k in student loans and pay $600/m, wife and I make just over 6 figures together. AMA
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u/Giraffardson Apr 19 '22
So I’ve actually accumulated about $70k of assets since graduating college four years ago. I busted ass all through K-12, went to a magnet high school, played sports and volunteered, earned an engineering scholarship, did challenging internships and research on campus, and went to work in my field after graduating magna cum laude . I max out my 401k company match and Roth IRA every year and save for a down payment. My $12k truck is paid off, my $2k motorcycle is paid off, and I own about $5k worth of power tools.
The reason why I’ve been able to be successful is because I listened to elders who told me engineering was the way to go, listened to counselors who told me to play sports and volunteer to compete for a scholarship, and my college decided these things were valuable enough for me to study for free. That means I didn’t have to be trapped in some job. I learned things that weren’t my job so I could understand how my companies work, and now apply that knowledge to my own life. I don’t have a mechanic, builder, accountant, or lawyer because I’ve learned enough of all of these fields on the job to not need them in my personal life. You save a lot of Fucking money by acquiring the tools to do things and learning how to do them, instead of paying someone else (to potentially fuck it up, and you wouldn’t know the difference because you, in your ignorance, don’t know what that person has actually done). You protect your assets and investments when you can actually inspect them and repair them, instead of just waiting for shit to hit the fan while sitting with your thumb up your ass.
It’s boring sometimes, I’ve probably missed some parties while working on my truck, but they’ll all be working when I’m retired. Oh and my parents never gave me a dime, my mother has actually stolen money from me and my dad was too burnt out from child support to offer anything other than sound advice- which in reality, is all you really need living in America.
PS buy your vices in bulk
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u/MrsFlip Apr 19 '22
Meanwhile I had to drop out of high school because my parents wouldn't pay for my school fees because it's a waste of money to educate a girl when she's just going to keep house and have babies.
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u/Lucky_Habit8335 Apr 19 '22
As a child of parents that just paid off all my student loans just in December, for me, I could not fathom being one to give bullshit advice like this.
(Parents wanted to do this for both my brother and I, decided this when we were both born. My brother and I want to go the same for our own kids going forward too.)
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u/Gigantkranion Apr 19 '22 edited Apr 19 '22
Keep in mind, this happened in 2004...
She started with 54k a year, in Jersey, didn't have to pay loans or housing/rent. Rent in NJ is on average less than 2k a month (like 1,900) today. 2 decades ago???
That's like half at around 1k. She probably got more for housing with her rich ass mom. But, fuck it... let's say rent was like 800-1200. Which means that she wasn't only getting 54k a year, she was getting 64k-68k. After you factor that someone was paying her housing. I'm ignoring utilities or anything else given to her...
I'm not wasting my time to do the math but, 20 years ago a +60k total take in is far closer to like 100k in the 20 years that have passed. I would argue that having your bills all paid for, making damn near 100k in today's money and ONLY saving 100k is shit.
She did a shit job. I save like 5k to 10k a year. But, I'm a Nurse, Vet, and almost 40 (live in NYC so that eats up my money). You pay my rent??? I'm fucking rich yo...
Wtf was she wasting her money on in 2004?
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u/Ancient-Assistant187 Apr 19 '22
I’d literally have 60 k+ plus. I paid cash minus two 5k loans on all my tuition. If you think about interest and the fact that I’d actually have money to invest into roth or something then I’d have even more. But no I had to pay for school myself and got a worthless history degree. I still work in restaurants and would have well over 100k saved if I just saved from the very beggining
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u/saucyshyster Apr 19 '22
Everytime these ads are suggested to me, I report them as being misleading and sensational articles. I don't think it does anything, as I still get them constantly, but it makes me feel good for 1.7 seconds.
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u/Synethesia34 Apr 19 '22
I made minimum wage ($35K a year) and went to school to get my associates for about $10K. now I make $66K a year and am working on my bachelors for about $20K by time I am 35 years old I will be making about $95K a year. with $35K in debt. so this fucker gets to make more with half the effort in half the time because muh mommy has money. either way ill have a home and the knowledge that I did it on my own. stupid rich kids.
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Apr 20 '22
I saw an argument today that said parents should be billed for thier kids tuition if student loan forgiveness happens. Because they as parents failed to raise financially competent children. That's a first.
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u/No_Ice2900 Apr 20 '22
So basically step one in being wealthy as a young adult is to be born into wealth.... Got it.
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u/MoroccoGMok Apr 20 '22
Some of you may die broke and alone but that is a risk I am willing to take
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u/ZoraSage Apr 20 '22
Every time I find out someone is a freelancer or a content creator or an influencer or an independent artist or other small business owner I do a little bit of prying. And they always always always are either (1) young enough to still be on their parents' health care plan, or (2) lucky enough to have a spouse who has good health care.
Literally no successful freelancer type I know is fully independent. The few who I can think of are drowning in personal loan and credit card debt.
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u/YehNahYer Apr 25 '22
Here is my top money saving tip. I dropped out of university after completing the first year while working a very part time job to help pay for it.
I realized pretty quickly while very interested in computer science and science in general I was basically teaching it to myself and the university was just guiding me on what to self teach from the text book and administratoring exams and projects that cut into my personal time and I paid them to do it.
Admittedly I learned stuff in a few lectures and the tutorials were decent, but ultimately I was teaching myself or friends were teaching each other.
I was learning a lot of shit that I'd learnt in the higher level maths classes, or should I say relearning it to prove I could do it.
There was also a lot of useless bullshit.
Still took me two or three years to pay off that small loan.
My part time job was computer related, I continued to teach myself and followed along with friends course work at uni so I was current.
I had way more free time even though I was working full time.
Quickly outpaced them as I was getting on the job real world experience and they would come to me for help.
Even though I knew I didn't want to be a developer which is why I quit uni I stuck with it for a while because the job was not high pressure.
I eventually went a different way but still computer and science related but was always able to put my skills to good use.
Many of my friends from uni did very well and became sort after developers that can work from home and have flexible hours which is nice.
Most are about 10 to 20 years behind in life. Some only just purchased a house recently and have just started paying a mortgage.
Meanwhile I look at some of the losers from my school, people headed for failure in life, many failed for sure, but some went into trades and run their own businesses with large teams and are looking to retire soon very young.
University/college is pretty fun and a nice experience but for many jobs etc there just has to be a better way.
The traditional way of teaching yourself mostly and being bogged down with all these assignments that don't teach you much with an insane bill at the end.
A system that was half way between this and apprentice type system would be far better. Real on the job meaningful work that you could probably even get paid to do.
Rambling a bit now but just looking at my friends they all have great jobs now but it was a long and shitty road with large student loans. Back then they had interest attached. At least now there is no interest.
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u/Swan__Ronson Apr 19 '22
That right folks, if you just keep your head down, work hard, and get a 140k and you too can become save 100k!
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Apr 19 '22
I once had to go to a meeting with people from other offices and people were talking about retirement and when a lady asked her friend if she was retiring soon she replied, “I can’t. My daughter just got into grad school. Someone has to pay it” I was like uuuuuuhhh
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Apr 19 '22
The media are controlled by the oligarchy that wants to see us slaved till eternity... We can't trust anything they published, they will always work to keep us in a state of acceptance and submission.
Disgraceful the profession nowadays. Bunch of sellouts.
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u/NFTlover69 Apr 19 '22
Article lacks details and it also doesn’t give a budget breakdown which makes it useless.
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u/CraneAndTurtle Apr 19 '22
You can save money and also be given money.
If this person had gone 140k into debt and reduced that to 40k this quickly it's exactly the same.
-140+100 or 0+100 is still saving 100k.
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u/404choppanotfound Apr 19 '22
Probably didn't mention they either lived at home, parents paid their rent, parents paid other bills too.
You know one factor in how bill gates built a company? His parents were supporting him while he did it. I don't want to take away from his accomplishments, but it would have been highly unlikely he would have been able to if his family was poor and he had to support himself or his family.
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u/IndirectBarracuda Apr 19 '22
Clearly the person benefited from the mom taking care of his college loans - but lets imagine he took out some college loans. What is the monthly payment on college loans? If he had $135k in college debt, how much would he have paid that off by the time he was 27? Certainly far less than $100k.
So he actually is saving a fair amount, but it helps to have a leg up surely.
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u/EmiliusReturns Apr 19 '22
My boyfriend’s parents have money (not like, fuck you money, but his Dad makes middle 6 figures) and I grew up broke. The reason we’re still compatible is A: he doesn’t act like a spoiled asshole, but also B: he knows damn well that he’s privileged and that he has it much easier than me because of all the things his parents paid for. And he’s grateful to them and understands how hard his Dad, who came from nothing, worked to give that to him.
In contrast, the rich kids like this who just have their heads up their asses and don’t seem to have any concept of how lucky they are drive me insane. Not all of us have rich parents! Not all of us can go to college debt free or be gifted a job! We can’t “do it too,” assholes!
“It’s easy to save 100k! Just have your parents basically give it to you! And stop going to Starbucks!” Oh ok, sure. Easy peasy. Drop a few cappuccinos from my budget and BAM! I’ll be set! Oh wait! I seem to have miscalculated because I HAVE FREAKING LIFE EXPENSES AND DEBT.
Like how are people that oblivious? Oof.
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u/heckastupidd Apr 19 '22
My father makes hundreds of thousands of dollars a year and has never given me a dime. Kinda jealous of people with parents like this ngl. I understand though. It’s not mine lol
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u/OhWhatsHisName Apr 19 '22
I had a discussion with someone on reddit that was kind of the flip of this. Basically "I live off barely $20k a year, anyone could if they just made certain lifestyle choices." After some discussion, it turned out their lifestyle choices are literally be homeless (they live out of a car), don't have a significant other, and don't have hobbies. I guess technically correct....
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u/camdawg4497 Apr 19 '22
I was able to save up $25k at 25 by using the funds from my brother's wrongful death lawsuit to pay off my student loans.
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u/whizewhan Apr 19 '22
I used to be a financial adviser and every so often you’d run into younger people with money. Funny how they would always emphasize what great savers they were. Their secret; inheritance
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Apr 19 '22
These people strike me as the types of people who try to become an influential speaker even though they haven't really accomplished anything in their life.
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u/N0DuckingWay Apr 19 '22
I mean I agree with the sentiment, but saving $100k in three years is impressive regardless.
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u/Mammyjam Apr 19 '22
“I started this company with only two things in my possession: a dream and six million pounds”
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u/OkayGoogle_DickPics Apr 19 '22
If you like this post you'll love Garry Vanderbeeks "Crushing it!"
I tried to use it it or toilet paper but the ink wiped off onto my ass. Fucking useless.
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u/CBAlan777 Apr 19 '22
I wonder what percentage of the "I worked hard for what i have" crowd have no idea how much of a leg up they've had since birth to get where they are. Even something as simple as your parents actually love you and care about you is a tremendous advantage for life.
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u/Uragami Apr 19 '22
Some articles like this are more subtle, where they put a realistic salary and an overview of expenses, but then put ridiculously low expenses for insurances, housing, food, taxes etc to get "savings" they want. Clickbait nonsense.
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u/awesomnator5000 Apr 19 '22
See! The system isn't failing! U deserve to be poor! See! This one outlier way over there says so! We dont need to do serious critical analysis on a comprehensive set of real data and peer review it! Just look at our biased cherry picked situations and opinions!
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Apr 19 '22
In the nine years from the day he turned 18, he would have to have invested about $700/mo and never withdrew anything ever. Doable for sure but how many people have $700/mo to save in their teens and early 20s? Probably very few.
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u/ShatteredShrew Apr 19 '22
Usually people that are flaunting their wealth, have gotten there, unwittingly, through nepotism. They're that stupid that they don't understand they live privileged lives compared to the majority, and most of them haven't seen a hard day of work in their entire lives.
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u/stop-calling-me-fat Apr 19 '22
Saving money is so easy simply have family members die of alcoholism and leave you money dummies
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u/Mandorrisem Apr 19 '22
I mean, I managed to save 76k through high school working my ass off, and slinging magic the gathering cards for money...and then my boomer mom used by personal info to gain access to my bank account and stoll it all claiming it as "back rent".
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u/grandoctopus64 May 25 '22
I mean.... This is a pretty dishonest take.
The dude said he saved 100k independent of his mom covering college. Good for him that his mom had the money to do so, but I also didn't have to pay for college cause I kicked the SATs ass and I sure as shit haven't saved 100k in 3 years