yamaha2000us

yamaha2000us t1_ja8i55v wrote

Until someone starts providing actual statistics that are tied to the resolution, there will be pushback.

Using terms like “crippling”.

My home sells 3 times that value than I paid for it.

My salary is 2 times the salary of when I paid for it.

The same thing happened to the boomer generation.

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yamaha2000us t1_ja8a6y7 wrote

One of the common questions that comes up in r/personalfinance is how to budget.

A common responses is, please provide your monthly income and all of your expenses.

Then we can explain what is wrong with their budget.

There are always spending issues and sometimes the answer is get a second job.

I have worked second jobs and this has allowed me to get a head.

We call it the side hustle, it has allowed some of us to buy that house, car, have children and live comfortably within our means.

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yamaha2000us t1_ja81k73 wrote

I am not a boomer and made it through multiple crashes.

The problem is post boomer generation focus on successes not failures. Plenty of boomers, Gen X, Gen Y, Gen Z and those tweenees have had failures as well.

And they are complaining about them in the internet.

The difference with prior generations was the use of credit. In my 20’s, I never had $5K CC to spend on whatever I want. It was strictly cash. And that is what I do now. $0K CC balance and cash only.

It’s like a strategy for living within you means

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yamaha2000us t1_j9qgft1 wrote

Unless you are trolling.

There are people that like to use the ‘hold your breath’ and they will come around. There position is opinion and has little basis beyond that.

I like to ask for supporting documentation and watch them spin off to misunderstood documentation.

Like the White House Briefing on Loan Forgiveness vs the statistics of the people that are capable of repaying student loans are not based on the same information.

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yamaha2000us t1_j9cb8j6 wrote

The best solution is never voice an opinion other than the popular one. This will allow you to groom karma and never need to form opinions of your own.

As for fact checking, ignore it. You can find all of the information you need to support your position but just go back to the first sentence of this comment and all will be well.

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