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-   -   Life Are you financially better off than your parents were at your age? (https://chiefsplanet.com/BB/showthread.php?t=293423)

Ebolapox 07-15-2015 05:49 PM

Not counting student loans I'm worlds ahead

lewdog 07-15-2015 05:53 PM

I am ahead of my parents at my age. Neither of us had kids at my age but I'm doing better financially. My wife and I combined already make more money together than my parents ever did in a year combined. I however did not grow up poor either. That being said, my parents were frugal and retired at 55 having not made a ton of money in their careers. They are the epitome of money smart.

RedandGold 07-15-2015 05:56 PM

The big difference in my situation is that my wife has a career with a comparable salary to my own. While my mom worked once I got into school, she worked as an administrative assistant that paid considerably less.

keg in kc 07-15-2015 06:17 PM

I'm much, much worse off. I have not owned a car since April (totaled in an accident), I have no savings and I don't expect to ever get out of debt as I don't believe there's any way I will ever make more than 25-30 grand in any given year, if I can even earn that much. Decades of bad life choices combined with no social or networking skills and zero marketable work skills just don't paint a very pretty picture of the future. I'm lucky to have a job that pays ten an hour at this point.

Sweet Daddy Hate 07-15-2015 06:26 PM

Quote:

Originally Posted by keg in kc (Post 11601394)
I'm much, much worse off. I have not owned a car since April (totaled in an accident), I have no savings and I don't expect to ever get out of debt as I don't believe there's any way I will ever make more than 25-30 grand in any given year, if I can even earn that much. Decades of bad life choices combined with no social or networking skills and zero marketable work skills just don't paint a very pretty picture of the future. I'm lucky to have a job that pays ten an hour at this point.

Thanks, Obama.

Rasputin 07-15-2015 06:27 PM

My Dad never had a lot of money very humble life as a rural mail carrier, tv repair man, electrician, firefighter, football gang chain & Scout Master in a small Ks town community. He built his own home and the only debt he had was from mom having cancer. Maybe some of you remember I was adopted by my Grandparents.

My life, I've made my mistakes and still paying for them but have turned things around and am on track to be ok but it's taking time & a hell of a lot of hours at work that is sometimes more than I bargain for.

My problem is impulse & wanting to do more than I have money for.

eDave 07-15-2015 06:31 PM

Quote:

Originally Posted by KC Tattoo (Post 11601414)
My Dad never had a lot of money very humble life as a rural mail carrier, tv repair man, electrician, firefighter, football gang chain & Scout Master in a small Ks town community. He built his own home and the only debt he had was from mom having cancer. Maybe some of you remember I was adopted by my Grandparents.

My life, I've made my mistakes and still paying for them but have turned things around and am on track to be ok but it's taking time & a hell of a lot of hours at work that is sometimes more than I bargain for.

My problem is impulse & wanting to do more than I have money for.

We all made our mistakes. Props for turning it back in the right direction.

Your dad is a man, man.

KChiefs1 07-15-2015 06:33 PM

No.

Rasputin 07-15-2015 06:33 PM

Quote:

Originally Posted by eDave (Post 11601419)
We all made our mistakes. Props for turning it back in the right direction.

Your dad is a man, man.


Yes he was and I miss him very much, my home town misses him too & that says a lot about the man.

Thank you eDave

jimidollar 07-15-2015 07:37 PM

Quote:

Originally Posted by keg in kc (Post 11601394)
I'm much, much worse off. I have not owned a car since April (totaled in an accident), I have no savings and I don't expect to ever get out of debt as I don't believe there's any way I will ever make more than 25-30 grand in any given year, if I can even earn that much. Decades of bad life choices combined with no social or networking skills and zero marketable work skills just don't paint a very pretty picture of the future. I'm lucky to have a job that pays ten an hour at this point.

That sucks. Hang in there! You never know when things can turn around for you.

saphojunkie 07-15-2015 07:44 PM

Justin Houston sure as **** is.

stevieray 07-15-2015 07:54 PM

My mom worked at IBM for 32 years.

Not even close.

eDave 07-15-2015 07:55 PM

Quote:

Originally Posted by saphojunkie (Post 11601503)
Justin Houston sure as **** is.

He should vote.

KChiefs1 07-15-2015 08:04 PM

Quote:

Originally Posted by stevieray (Post 11601516)
My mom worked at IBM for 32 years.



Not even close.


Holy shit. Hopefully she leaves you some of those stock options.

eDave 07-15-2015 08:07 PM

I did find that after all the kids left the house, my parents did have some lettuce. We give them shit about that all the time. We lived VERY conservative. I'm better for it.


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