Quote:
Originally Posted by madlex
They choose not to be able to afford it.
Friend of mine runs an incubator for fin tech startups. One app has beta users take a picture of every single receipt they get to track everyday spending. That “hundreds of dollars a month for lattes and avocado toast” thing is pretty close to reality, especially if you include things like WholeFoods deli.
While very true, the majority of Millennials are underemployed in an economy where the inflation rate has risen 16% in 10 years while the average millennial salary is $36.8K, about $680/week. Millennials spend way more than they should on a whole, but they are also making way less money for their level of education than at any point in american history. Millennials make up the largest chunk of the "working poor" while working the most hours as a whole. In order to appear as a normal member of society with their **** together, the cost cutting usually comes in avenues like thrift shopping, cord-cutting cable to stream it, grocery shopping at dollar stores, and spending their remaining money on getting drunk with friends at happy hour or buying a coffee on the way to their underpaying job to escape the reality of their situation.
Sorry for the Economic derail, but the average person has way more "living expenses" than they did years ago. And I'm sorry, but a cell phone w/ internet connection is an absolute necessity, especially if you're working yourself up the ladder career wise.
Quote:
Originally Posted by Didace
Yes, hipsters have invented everything,
I read my post about 10 times for the word "invented".... no match.