5 ms·

Do you have savings? If you had enough saved to spend a year looking for another job, would you still live in fear?

WorldMaker 7y ago
Statistically "everyone" who graduated in the Great Recession is still a year or two at least (and in some cases far more) from paying off student loans. Statistically we're a generation of nothing but debt with no savings to fallback on because we've never had a long enough "peace time" of growth to pay back our creditors. It's wonderful to imagine some hypothetical reality where you had enough saved to survive an entire year looking for a job. What privilege you would have! Presumably you have no health problems because CORBA is broken again and the current administration crippled HCA guarantees because who needs affordable health care when you don't have a current employer. It feels like you might as well wish for a Pegasus to fly you to all your job interviews while you are at it. We've all earned our cynical stripes here, but thanks for offering a lovely fantasy.
- simplecomplex 7y ago
  You’re not responsible for your generation, just yourself. You didn’t answer my question about savings. Are you saving? If not you can and you should. If you don’t have savings the first step is to come up with a budget. Send me an email if you need help it’s in my profile.
  - threwawasy1228 7y ago
    Can't budget very well, or save at all if you make exactly how much your base-level living expenses are bud. I'm still eating ramen at the end of the month. What am I supposed to be budgeting here? Count out my bowtie pasta pieces more precisely to budget them? My generation simply can't live like this, it isn't sustainable, and isn't realistic to expect professionals to live in poverty. I barely have enough business casual clothes to make it through a single week cycle and buying more is a huge expense to me. Something bigger is going to have give, maybe a recession is what is needed to show people how unrealistic this is.
    - simplecomplex 7y ago
      If your living expenses are truly exactly your income then you need to move. You’re either making really little or living in an expensive area. If you were in say Dallas TX for example and you waited on tables for $14 / hour you would be making double the rent. You’ve got to have a plan.

Statistically "everyone" who graduated in the Great Recession is still a year or two at least (and in some cases far more) from paying off student loans. Statistically we're a generation of nothing but debt with no savings to fallback on because we've never had a long enough "peace time" of growth to pay back our creditors. It's wonderful to imagine some hypothetical reality where you had enough saved to survive an entire year looking for a job. What privilege you would have! Presumably you have no health problems because CORBA is broken again and the current administration crippled HCA guarantees because who needs affordable health care when you don't have a current employer. It feels like you might as well wish for a Pegasus to fly you to all your job interviews while you are at it. We've all earned our cynical stripes here, but thanks for offering a lovely fantasy.

simplecomplex 7y ago
You’re not responsible for your generation, just yourself. You didn’t answer my question about savings. Are you saving? If not you can and you should. If you don’t have savings the first step is to come up with a budget. Send me an email if you need help it’s in my profile.
- threwawasy1228 7y ago
  Can't budget very well, or save at all if you make exactly how much your base-level living expenses are bud. I'm still eating ramen at the end of the month. What am I supposed to be budgeting here? Count out my bowtie pasta pieces more precisely to budget them? My generation simply can't live like this, it isn't sustainable, and isn't realistic to expect professionals to live in poverty. I barely have enough business casual clothes to make it through a single week cycle and buying more is a huge expense to me. Something bigger is going to have give, maybe a recession is what is needed to show people how unrealistic this is.
  - simplecomplex 7y ago
    If your living expenses are truly exactly your income then you need to move. You’re either making really little or living in an expensive area. If you were in say Dallas TX for example and you waited on tables for $14 / hour you would be making double the rent. You’ve got to have a plan.