3 ms·
I am late late GenX, and I have no higher education, own my car out right (late model pretty nice), I will pay off my home in the next 5 years, and I financiall
by syshum 4y ago
I am late late GenX, and I have no higher education, own my car out right (late model pretty nice), I will pay off my home in the next 5 years, and I financially support one of my parents. I make less than 6 figures so I would not consider myself to be "rich"
I think the key for me is the fact I choose not to incur educational debt getting a BS and/or MS, I also choose to live in a non-coastal region that does not have crazy housing prices. I also had lots of support from my parents* when I was younger so establish myself financially (like enabling me to be able to save for the down payment on this home)
I worked very hard and now make a pretty decent wage after decades of working lower wage jobs.
* To be clear this is just basic support like a stable roof over my head, the were lower middle class as well, their combined income was less than 6 figures, we had a basic home, food, etc but no luxuries, no vacations, one of the reasons I did not go to college was I did not want debt, and the family had no money for tuition
- iso1210 4y ago> * To be clear this is just basic support like a stable roof over my head, Over the course of a few years that's well into 6 figures of support
- syshum 4y agoI agree, but I struggled with the wording to covey that I did not come from a wealthy family with a trust fund or something like that We are a "normal" midwest 2 parent household, in the 50th percentile of income band for the region. My over arching point is there has to be some personal accountability. it is easy to be a victim, blame the system, blame rich people, blame everyone but yourself for your own circumstances. Life is hard and often unfair, and I freely admit I am one serious illness away from bankruptcy, there are things we need to do change the system in many ways However alot of the talk I see about "solutions" will in reality just make things worse and further push victim culture that i see today. I don't have all the answer, but "woe is me, life is soo hard and unfair" attitude I see I can assure people is not a solution
- JaimeThompson 4y ago>it is easy to be a victim When you are one major accident or illness away from losing everything you have saved is kind of makes sense to blame those who have fought so hard to make sure typical people don't have access to effective health care at a reasonable cost.
- syshum 4y agoillness or injury yes, as that would prevent me from working, and earning the money I do today Medical costs however would not the cause of my problems as even in the worst case I would be protected by bankruptcy laws would would allow me to discharge my medical debt while keeping my primary home, and a significant chunk of my personal possessions.
- JaimeThompson 4y agoNot if you are injured or dead because you couldn't afford the medical care necessary to fix you / cure you / treat you on an on going basis.