Are you financially better off than your parents were at your age?
 

Simple question, multifaceted answer. Do you think you're better off, worse off, or about the same as your parents were when they were your current age?


Poll coming, and I promise not to tell your parents.

Yes. Thanks to them.

Way better.


They are both excellent parents, but I learned everything about making money and business on my own and through advice from successful people.

My parents had a kid at my age. I'd say I'm doing better.

My parents were long divorced by the time they were my age, so I'd have to say yeah, I'm far better off.

I'm curious because I hear statistics that younger people tend to be behind due to job changes, school debt, and the recession. But I think that Boomers tend to be ahead. It'll be interesting to see if that turns out to be true around here.

I think check boxes would have been better, so you could answer for each age group.... but yeah, my parents both work in areas that are more rewarding than profitable.

Way worse.

Difference in generations. They didn't make what we now, but scrimped and saved. Now we have 401k. With retirement from the service my parents live better in retirement than they did when dad worked. Am I better off? Probably.

So far everybody's parents sucked !

Edit: except for prison bitch . Imagine that!

Younger people are just going to be, generally and for now. I earned a couple of degrees (thanks mom and dad) but my enrichment came with age, experience and continued education. Job change should increase pay, IMO.

Also, finally figuring out what I really want to do, and am skilled at, came after college.

**** NO, but I'm working on it.

I'm sorry, I said "work". I realize that is hate speech to some here.

Because of their wisdom and financial assistance during college and the 2 years following, I am 29 and am now making more than they ever made, combined.

I owe everything to them.

But, everything costed a nickel.

I'm making significantly more than they ever made in their lives. My brother is, too. Not that we grew up poor but he and I have both just been extremely successful financially over the past few years.