Life Are you financially better off than your parents were at your age? - Page 2

**Rain Man** · 07-15-2015, 05:12 PM

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.

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

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

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

Rasputin · 07-15-2015, 06:33 PM

Quote:

Originally Posted by eDave

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

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

Justin Houston sure as **** is.

He should vote.

KChiefs1 · 07-15-2015, 08:04 PM

Quote:

Originally Posted by stevieray

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.

View Poll Results: How do you financially compare to your parents when they were your current age?
**** I'm under 25 years old, and compared to my parents at this age I'm ...	1	0.63%
Doing better financially	1	0.63%
About the same	1	0.63%
Not doing as good financially	4	2.50%
**** I'm 25 to 34 years old, and compared to my parents at this age I'm ...	1	0.63%
Doing better financially	32	20.00%
About the same	8	5.00%
Not doing as good financially	10	6.25%
**** I'm 35 to 44 years old, and compared to my parents at this age I'm ...	0	0%
Doing better financially	34	21.25%
About the same	7	4.38%
Not doing as good financially	8	5.00%
**** I'm 45 to 54 years old, and compared to my parents at this age I'm ...	1	0.63%
Doing better financially	25	15.63%
About the same	8	5.00%
Not doing as good financially	8	5.00%
**** I'm 55 to 64 years old, and compared to my parents at this age I'm ...	0	0%
Doing better financially	6	3.75%
About the same	1	0.63%
Not doing as good financially	1	0.63%
**** I'm 65 years old or older, and compared to my parents at this age I'm ...	0	0%
Doing better financially	0	0%
About the same	0	0%
Not doing as good financially	1	0.63%
My finances are too secret for an anonymous poll with an anonymous name on an anonymous message board.	0	0%
I'm Justin Houston. What do you think my answer is?	2	1.25%
Voters: 160. You may not vote on this poll

07-15-2015, 05:12 PM
Rain Man Seize life. Be an ermine. Join Date: Jul 2001 Location: My house Casino cash: $-522449 VARSITY	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.
Posts: 145,325

07-15-2015, 05:49 PM	#16
Ebolapox remember, remember Join Date: Jul 2002 Location: como Casino cash: $-1630097	Not counting student loans I'm worlds ahead
Posts: 26,518

07-15-2015, 05:53 PM	#17
lewdog Mod Team Join Date: Sep 2011 Location: Valley of the hot as **** Casino cash: $-1428100	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.
Posts: 46,322

07-15-2015, 05:56 PM	#18
RedandGold Born with Bad Habits Join Date: Mar 2001 Location: Right Here Casino cash: $-830000	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. __________________
Posts: 1,402

07-15-2015, 06:17 PM	#19
keg in kc oxymoron Join Date: Feb 2001 Location: OP/KC/Whatever Casino cash: $9556299	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.
Posts: 58,682

07-15-2015, 06:27 PM	#21
Rasputin Tip of the hat LIV Champs Join Date: Jun 2007 Location: ks Casino cash: $195421	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.
Posts: 56,910

07-15-2015, 06:33 PM	#23
KChiefs1 I’m a Mahomo! Join Date: Aug 2004 Location: Mid-Missouri Casino cash: $6771021	No. __________________
Posts: 54,038

07-15-2015, 07:44 PM	#26
saphojunkie MVP Join Date: Aug 2011 Casino cash: $2306550	Justin Houston sure as **** is.
Posts: 12,923

07-15-2015, 07:54 PM	#27
stevieray Most things I worry about… Join Date: Aug 2000 Location: Under Pressure Casino cash: $-1164727	My mom worked at IBM for 32 years. Not even close.
Posts: 74,032

07-15-2015, 08:07 PM	#30
eDave Banned Join Date: Jan 2013 Casino cash: $9998560	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.
Posts: 53,803