• yeehaw@lemmy.ca
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    11 days ago

    I’m not trying to shift blame here, but I’d be curious to see stats on how much needless spending these generations do compared to those prior.

    We definitely do pay more now for shit but at the same time, I wonder if latter generations can’t go without some of their creature comforts.

    • Taldan@lemmy.world
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      11 days ago

      The younger generation is already going wothout homes and healthcare. How much more do you think they should give up?

      • Vanilla_PuddinFudge@infosec.pub
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        11 days ago

        I can afford a lot of tiny electronic doodads year to year. I could save it all for decades and not get close to a home or a decent retirement.

        Everything you want, nothing you need.

      • yeehaw@lemmy.ca
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        10 days ago

        Well, back in the day a dozen people would live in a tiny ass house. I’m not saying this is ok, but I realize y’all gonna vote my comment that way anyways like you did on my original one.

        🤷‍♂️

    • BombOmOm@lemmy.world
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      11 days ago

      Been watching Caleb Hammer’s financial audits. It’s amazing how much people spend on shit they don’t need, then find the credit card bills are so high they miss payments.

      Basically every single guest walks out with a budget that gets their self-inflicted bad debt paid off in 2-10 years.

      • Taldan@lemmy.world
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        11 days ago

        That channel is for entertainment purposes only

        The people featured on it are not representative of the population as a whole. He specifically picks extreme cases to maximize entertainment value

        • BombOmOm@lemmy.world
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          11 days ago

          Of course he only picks the biggest train wrecks, wouldn’t be fun to watch otherwise.

          Regardless, there are lessons to draw from the channel. I know quite a few people in my personal life who have self-inflicted financial difficulties. Door-dash should be a sometimes thing; your car still works, you don’t need a brand new one; you don’t need to live in an expensive city; your current phone is 2-years-old, you don’t need a new flagship, etc, etc.

          If you have unpaid bad debt, these are the types of things you need to seriously consider no longer spending money on and instead pay off the bad debt that keeps you down.

          • NihilsineNefas@slrpnk.net
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            11 days ago

            I have never once in my life paid for an uber to deliver my burrito.

            I don’t even order takeout outside of being social gatherings with friends.

            I’ve been driving for eight years and only ever owned two cars, one I had to get rid of because I couldn’t afford to pay for it to be repaired, and the other was dirt cheap because it had a dodgy crash sensor.

            I have NEVER had a credit card.

            But do tell me how frivolous financial choices are what’s making me poor, because you seen it on TV.

            It’s definitely not the complete lack of protections on livable wages and how inflation has been above wages for my entire lifetime.

            • BombOmOm@lemmy.world
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              11 days ago

              I have NEVER had a credit card.

              But do tell me how frivolous financial choices are what’s making me poor

              Sounds like you don’t have unpaid bad debt. Given I specifically said to seriously consider the above “If you have unpaid bad debt” then, it doesn’t apply to you. Not sure why you are being hostile about something that even I said doesn’t apply to you.

      • OmegaMan@lemmings.world
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        11 days ago

        I used to watch Caleb when he started out but good fucking god every episode now is just him screaming at people. There’s no content worth watching there for me anymore.