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Thread: Millenials Fail to Follow Game Plan and End Up POOR

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    Default Millenials Fail to Follow Game Plan and End Up POOR

    The latest 2017 report by Wendy Way and W. Bradford Wilcox confirmed the results of the 2009 Brookings Institution study by Ron Haskins and Isabel Sawhill.

    Both studies show that those doing the following things in the following order are almost guaranteed to avoid a life of poverty : 1. Graduate high school ; then 2. Get a full time job ; then 3. Get married and ONLY after doing the first three , have kids.

    55% of Millennial parents have children BEFORE getting married. Only 25% of Baby Boomers did so.

    86% of young adults ( 28-34 ) who married before having kids are in the middle or top third of earners. Only 53% of those who had kids first are in the middle or top 1/3 of earners.

    71% of 28 to 34 year olds from low income families who married first and then had kids are in the middle and upper 1/3 of earners. Of children from low income households who had children first only 41% are not in the bottom third of earners.

    According to the previously cited 2009 Brookings study only 3 % of everyone who followed all 3 steps in sequence are poor by the time they are in the 28 to 34 age range. The latest study shows the very same thing. However, more than half of millennials who didn't follow the sequence are in poverty and so are their children.

    Neither study took note of a fourth factor i.e. staying out of jail but previous Yale and Princeton studies did. Finish high school ; get a full time job ; get married before having children and stay out of jail and you are almost guaranteed not to be poor by age 30.

    Why is this such a big deal now ? Maybe because for the first time it has been reported all over the web and national T.V. Where were they in 2009 ? And before that when the Yale and Princeton studies were published ?

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Both studies show that those doing the following things in the following order are almost guaranteed to avoid a life of poverty : 1. Graduate high school ; then 2. Get a full time job ; then 3. Get married and ONLY after doing the first three , have kids.
    ^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^^ ^^^^^^^^^^^^^^^^^
    The most astonishing thing about this is it is considered a Newsworthy Discovery!

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    In an ideal world life would work out that way: education ---> career ---> marriage ----> kids = happily ever after. Life isn't the same for Millenials as it was for Baby Boomers back in the day. Graduate high school? You need to advance your education beyond high school these days to stay out of poverty. Nowadays it's more like if you want to avoid poverty: 1.)Earn your Master's degree while working your ass off at a full-time job and a part-time one to pay your way through college. Don't take out student loans or else you'll be buried under a mountain of student loan debt. 2.)Get a full-time career in your field of study 3.)Don't get married unless the person has income equal to or greater than you. Divorce is too expensive and alimony. 4.)Don't have kids. They're expensive too. My brother followed that chain of thought as the article mentioned with the whole education first, career, marriage, and then kids and he and his wife were on government assistance and had to move in at her mom's house, have very little savings, and always seem to be struggling with money. I'm guessing that article was written by a Baby Boomer :-P

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    It might just be that younger Americans no longer feel the need to get married. Younger Americans are much more secular than previous generations and young female Americans are much more likely to be working. It could be that a lot of couples with children are living together, but just haven't bothered to go through with marriage.

    http://www.foxnews.com/us/2014/11/10...tudy-says.html
    The same Pew Study shows a fifth of adults 25 and older have never walked down the aisle. That’s almost twice what it was in 1960.

    There’s also the issue of cohabitation. Government figures show about half of all unmarried Americans 18 and up live with a partner. Some couples said living together could be one reason fewer people are marrying.
    In general, Americans are waiting longer to have children than ever before. Teen pregnancies are at record lows, and for the first time in history, more women are having children in their 30s than in their 20s.

    http://www.cnbc.com/2017/05/17/women...oms-in-us.html
    For the first time, women in their early 30s are having more babies than younger moms in the United States.

    Health experts say the shift is due to more women waiting longer to have children and the ongoing drop in the teen birth rate.

    For more than three decades, women in their late 20s had the highest birth rates, but that changed last year, according to preliminary data released Wednesday by the Centers for Disease Control and Prevention.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    What do we mean when we say poverty? Millennials average income is $35,592 annually, I'm going to guess net $2,300/m. That's not the median household though, which is $49,000 (!!). But let's not speculate that their earnings follow the standard curve for all US incomes - 22% are in poverty and the total income of the bottom quintile is less than half the total income of the top 1%, who begin at $106,000. To me that math implies that people in the bottom millennial quintile (14,000,000 people) are averaging $2,500 ANNUALLY.

    Especially today, with background checks et al. once poor, a person has a hard time leaving poverty because they pay in some cases double for the same things. Cars, housing, insurance all cost more with low FICO scores. They also can't get jobs because of the tendency of employers to want to pay a wage similar to what they recently earned.

    Marriage is going out, and even when millennial women want to marry, they're having a harder time finding partners they want because millennial men (92% are woman-man marriages I think) with degrees are becoming rare.

    The fact is, the way I read it, this trend toward generational poverty will get worse.
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Bahuba View Post
    What do we mean when we say poverty? Millennials average income is $35,592 annually, I'm going to guess net $2,300/m. That's not the median household though, which is $49,000 (!!). But let's not speculate that their earnings follow the standard curve for all US incomes - 22% are in poverty and the total income of the bottom quintile is less than half the total income of the top 1%, who begin at $106,000. To me that math implies that people in the bottom millennial quintile (14,000,000 people) are averaging $2,500 ANNUALLY.

    Especially today, with background checks et al. once poor, a person has a hard time leaving poverty because they pay in some cases double for the same things. Cars, housing, insurance all cost more with low FICO scores. They also can't get jobs because of the tendency of employers to want to pay a wage similar to what they recently earned.

    Marriage is going out, and even when millennial women want to marry, they're having a harder time finding partners they want because millennial men (92% are woman-man marriages I think) with degrees are becoming rare.

    The fact is, the way I read it, this trend toward generational poverty will get worse.
    We have had to deal with generational poverty in this country since at least the 1950's. But the latest study actually had some glimmers of hope. 71% of children who grew up poor but finished high school then got a full time job then got married and only then had children ended up in the upper two income groups ( middle 1/3 and upper 1/3 ).
    That means that the overwhelming majority of children growing up poor who followed the "game plan " were able to avoid poverty.

    As another poster has noted the terms "poor" and "poverty" can be somewhat nebulous. I am using broad definitions of both to take in all who can be classified as "low-income". If you look at WHO is in the bottom 10% ; bottom 25% and bottom 1/3 it is clear that the overwhelming majority are high school drop-outs and single mothers.If you drop out and have a child out of wedlock there is a 98% chance that you and your children will face a lifetime of poverty. Likewise , black males who drop out and have a criminal record face similar odds. For white males it is a 95 % chance of lifetime poverty.

    In many European countries that are also secular , where marriage is not as popular as it used to be the numbers are similar. Despite much more generous social benefits and programs single mothers who drop out of high school are far more likely to end up in the lower economic strata than those who finish school , get a job , get married and THEN have kids.

    A LOT of this is simple common sense : high school grads are more employable ; married couples have two incomes ; it is easier to raise children with a partner etc.
    Last edited by Eric Stoner; 07-13-2017 at 10:49 AM.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by WendiStarr View Post
    In an ideal world life would work out that way: education ---> career ---> marriage ----> kids = happily ever after. Life isn't the same for Millenials as it was for Baby Boomers back in the day. Graduate high school? You need to advance your education beyond high school these days to stay out of poverty. Nowadays it's more like if you want to avoid poverty: 1.)Earn your Master's degree while working your ass off at a full-time job and a part-time one to pay your way through college. Don't take out student loans or else you'll be buried under a mountain of student loan debt. 2.)Get a full-time career in your field of study 3.)Don't get married unless the person has income equal to or greater than you. Divorce is too expensive and alimony. 4.)Don't have kids. They're expensive too. My brother followed that chain of thought as the article mentioned with the whole education first, career, marriage, and then kids and he and his wife were on government assistance and had to move in at her mom's house, have very little savings, and always seem to be struggling with money. I'm guessing that article was written by a Baby Boomer :-P
    This area of study and research started in the 1960's when Pat Moynihan was vilified in some quarters by noting the connection between unwed mothers and generational poverty.

    The first modern comprehensive study was done over a decade ago at Princeton. The authors were shocked , SHOCKED at their findings. So it was re-done at Yale and had the exact some findings. Neither study received very much media attention except among more conservative outlets even though the authors of both studies were anything but "conservative".

    You point to something altogether different - economic struggle experienced by college grads and even some with graduate degrees - the Starbucks barrista with a Masters in Art History. There is some of that and a LOT of student debt but most of those people are sensible enough NOT to have children. Mostly it is because there is limited demand for their majors. Those with STEM degrees are having little to no trouble finding well paying jobs.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by eagle2 View Post
    It might just be that younger Americans no longer feel the need to get married. Younger Americans are much more secular than previous generations and young female Americans are much more likely to be working. It could be that a lot of couples with children are living together, but just haven't bothered to go through with marriage.

    http://www.foxnews.com/us/2014/11/10...tudy-says.html


    In general, Americans are waiting longer to have children than ever before. Teen pregnancies are at record lows, and for the first time in history, more women are having children in their 30s than in their 20s.

    http://www.cnbc.com/2017/05/17/women...oms-in-us.html
    That may all be true but the fact remains that single mothers who drop out are virtually guaranteed to be poor. Male high school drop-outs with criminal records are equally guaranteed. And those that follow the "Game Plan " have an excellent chance of avoiding a lifetime of poverty.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    I'm confused about how marital status relating to poverty.

    I'm not refuting your claims that single parents have it harder economically especially if they didn't complete advanced education (which in general means higher income) before having child or their partner fails to contribute financially however married people are not exempt from financial ruin - ask 50% of the population who married then divorced, had a greedy spouse, married with no prenup, then got taken to the cleaners.

    But yes preparing, financial education, higher education, and wise financial choices are great way to prevent poverty
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    ^^I'm not sure I see that as a glimmer of hope. First of all it is a zero sum game or less, as more and more of the wealth goes to a small percentage at the top. Real income has actually fallen for the middle and lower middle class. Further, as I mentioned, there are constraints to leaving poverty that are totally useless to the broader economy.

    Technically you and I shouldn't complain, as we are the ones the wealth is going to, but I think we both know enough to say this isn't sustainable in the long run.
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Having kids greatly affects a woman's income & financial retirement more than men. Women are generally the custodial parent. There are billions owed in back child support.

    Women make 70 cents on the dollar to men. Women take time off of work or career due to children where as men don't. We are financially punished for bringing children into this world & raising them.

    We are second class citizen in America & do NOT have the same rights, income. We are NOT equal under the eyes of the law either, when men commit majority of all rapes & sexual harassment upon women yet the rate of conviction is less than 1 out of 1000. If you are robbed no problem, everyone believes you. If you are raped, then you are not.

    The Republicans & the Christian Right bullshit erodes our rights & equality in this country everyday. There are ONLY men right now deciding all women's healthcare in DC right now. We have zero representation in those meeting rooms. This makes all Republicans, including the women who voted Republican & men my enemy.

    No women will be covered under the new AHCA laws, our reproductive rights already eroded. Once they do away with Medicaid & Medicare, Planned Parenthood, Food stamps & rental assistance women & kids will bare the brunt force of it. Get ready for abject poverty & kids in the street begging for food.


    __________________________________________________ _________-

    This bullshit ONLY if women got married before having kid is the solution is so OLD!!!!!!! and keeps men in power. EQUAL PAY & EQUAL RIGHTS is the solution, not get married & have a man take care of you. Not when most men fail at that job too.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by miss.a.p1600 View Post
    I'm confused about how marital status relating to poverty.

    I'm not refuting your claims that single parents have it harder economically especially if they didn't complete advanced education (which in general means higher income) before having child or their partner fails to contribute financially however married people are not exempt from financial ruin - ask 50% of the population who married then divorced, had a greedy spouse, married with no prenup, then got taken to the cleaners.

    But yes preparing, financial education, higher education, and wise financial choices are great way to prevent poverty
    Divorced parents raising children are entitled to child support and sometimes alimony.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Bahuba View Post
    ^^I'm not sure I see that as a glimmer of hope. First of all it is a zero sum game or less, as more and more of the wealth goes to a small percentage at the top. Real income has actually fallen for the middle and lower middle class. Further, as I mentioned, there are constraints to leaving poverty that are totally useless to the broader economy.

    Technically you and I shouldn't complain, as we are the ones the wealth is going to, but I think we both know enough to say this isn't sustainable in the long run.
    Who has pointed to reductions in real income and real wages more than I have ?

    I said there were glimmers of hope because even children from low income households were able to escape poverty by following the "game plan". 71% of them.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Sam38g View Post
    Having kids greatly affects a woman's income & financial retirement more than men. Women are generally the custodial parent. There are billions owed in back child support.

    Women make 70 cents on the dollar to men. Women take time off of work or career due to children where as men don't. We are financially punished for bringing children into this world & raising them.

    We are second class citizen in America & do NOT have the same rights, income. We are NOT equal under the eyes of the law either, when men commit majority of all rapes & sexual harassment upon women yet the rate of conviction is less than 1 out of 1000. If you are robbed no problem, everyone believes you. If you are raped, then you are not.

    The Republicans & the Christian Right bullshit erodes our rights & equality in this country everyday. There are ONLY men right now deciding all women's healthcare in DC right now. We have zero representation in those meeting rooms. This makes all Republicans, including the women who voted Republican & men my enemy.

    No women will be covered under the new AHCA laws, our reproductive rights already eroded. Once they do away with Medicaid & Medicare, Planned Parenthood, Food stamps & rental assistance women & kids will bare the brunt force of it. Get ready for abject poverty & kids in the street begging for food.


    __________________________________________________ _________-

    This bullshit ONLY if women got married before having kid is the solution is so OLD!!!!!!! and keeps men in power. EQUAL PAY & EQUAL RIGHTS is the solution, not get married & have a man take care of you. Not when most men fail at that job too.
    The politics ban prevents me from responding and refuting most of what you have posted.

    Let's assume that everything you have posted is true. All the more reason for women NOT to have children out of wedlock.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Eric Stoner View Post
    That may all be true but the fact remains that single mothers who drop out are virtually guaranteed to be poor. Male high school drop-outs with criminal records are equally guaranteed. And those that follow the "Game Plan " have an excellent chance of avoiding a lifetime of poverty.
    I agree that someone who drops out of school is more likely to end up poor, but the graduation rate is higher now than it's ever been:

    http://www.npr.org/sections/ed/2016/...ord-high-again

    and the teen pregnancy rate is also at its lowest level ever.

    The title of this discussion you started is, "Millenials Fail to Follow Game Plan and End Up POOR". Based on high school graduation rate and teen pregnancy rates, millenials are following the 'game plan' you advocate, more so than any other generation.

    It's true that there are unmarried women having children, but just because they're not married doesn't mean the father isn't involved or even not living with the mother and child or children. As mentioned in my previous post, a significant number of unmarried adults are living with their significant other, even though they're not married.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Eric Stoner View Post
    Finish high school ; get a full time job ; get married before having children and stay out of jail and you are almost guaranteed not to be poor by age 30.
    Correlation isn't causation. This cohort is comprised of people who are already career-oriented and thus won't be in poverty unless some unforeseen circumstances happen (medical emergencies, layoffs into long-term unemployment, etc).

    From my standpoint and experience, formulas/plans that worked for previous generations aren't always applicable anymore. People used to be able to just walk into a company, get a job, and turn it into a career without studying any related field or even going to university. That's pretty much impossible now. Honestly, the "game plan" is just as simple as: figure out what marketable skills exist that they're also interested in, acquire some of those skills, stay on top of your field with constant learning, and adapt to the changing environment.
    Last edited by dpacrkk; 07-13-2017 at 02:24 PM.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by dpacrkk View Post
    Correlation isn't causation. The cohort of people is comprised of people who are already career-oriented and thus won't be in poverty unless some unforeseen circumstances happen (health emergencies, layoffs into long term unemployment, etc).

    From my standpoint and experience, formulas/plans that worked for previous generations aren't always applicable anymore. People used to be able to just walk into a company, get a job, and turn it into a career without studying any related field or even going to university. That's pretty much impossible now. Honestly, the "game plan" is just as simple as: figure out what marketable skills they would be interested in, acquire some of those skills, stay on top of your field with constant learning, and adapt to the changing environment.
    This........

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Exactly, correlation and causation are two different things and I would be inclined to question where these researchers learned their methodology and analysis techniques.

    As a millenial, we are not 'poor' because we didn't follow that formula. First off, marriage vs. cohabitating is irrelevant as long as you are splitting the bills the same way. Second, I know plenty of people who DID follow that plan and are generally teetering on the edge of eviction, being frequently bailed out financially by their parents. The only ones doing okay are doing so because they live in a small rural town with dirt cheap housing... but if the husband lost his overtime hours, they would be getting close to hot financial water too.

    We're poor because here are your options, using Arizona numbers, assuming your family is not helping you:

    - Follow that plan & get a job right out of high school; work up to $15/hour (which is what my friends that followed that path make on average 8 years later), barely touch $30k/year at that... net about $23k after taxes... spend $11k of that just to exist (in a shitty studio apartment in very bad neighborhoods)... leaves you $1000/month which needs to pay for your food & transportation as well. Sounds pretty 'poor' to me before adding a kid.

    - Go to college, rack up $40k in debt in loans, and get paid $50k-ish for an entry level gig. Net about $38k. But now you have loan payments, which range from $225-$350 depending on repayment plan. This still leaves you about $2000/month extra, assuming you still live in the shitty apartment and drive a shitty car. If you want to upgrade your lifestyle at all, or do anything fun like travel, you rapidly hurdle towards Not Able To Afford To Save For A House Or Afford A Kid.

    Our options suck either way. Wages are too low, school is too expensive, inflation is ridiculous, etc etc. Yet here we are being blamed and told it's OUR fault we are poor, and simultaneously it's also our fault that everything from Applebees to the diamond market is declining, because we aren't spending money.
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    The only thing I will give these researchers is that I do feel there's kind of a correlation between people who are not very smart (and thus probably don't go to college or make higher wages) having kids early and/or from casual sex, and thus further digging themselves into a financial hole.

    I'm 26 and just now reaching the age where my acquaintances are having kids because they CHOSE to and not as an accident, and they're having them with long-term cohabitating partners or spouses (so no single parenting). That doesn't mean they can necessarily afford them comfortably, but they at least chose to wait until they were a little farther along with a degree or at least past minimum wage.

    Idiocracy was right on with that idea!
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    I think technology is partly to blame for the shitty job market nowadays. Think about it, most of the old school jobs are being closed down due to newer technology taking over. In a few years it'll be even harder to find jobs than it is now, unless you're a highly experienced techy. Bots will take over & they kind already have in a sense, think about it, people have the options to not have to go to the store to buy anything anymore, just order online & have it delivered. In ways both good & bad, technology is def to blame for inflations all over the country. I know this might sound silly but it's true.
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by xxxGothBarbie View Post
    I think technology is partly to blame for the shitty job market nowadays. Think about it, most of the old school jobs are being closed down due to newer technology taking over. In a few years it'll be even harder to find jobs than it is now, unless you're a highly experienced techy. Bots will take over & they kind already have in a sense, think about it, people have the options to not have to go to the store to buy anything anymore, just order online & have it delivered. In ways both good & bad, technology is def to blame for inflations all over the country. I know this might sound silly but it's true.
    You can't/shouldn't blame technological progress because people are short sighted and can't imagine their jobs, as it stands, are being replaced. People have to know that it's in business managers' best interest to increase throughput and efficiency. They should understand that their bosses are always going to look for ways to reduce costs, and a big part of that is staffing.

    Taking your example of not needing to go to the store: self service checkout in stores has existed for at least 15 years, yet "cashier" is still a job. And people had at least 15 years to adapt. It's not technology's fault that people (and really, it's mostly manual laborers) got complacent and didn't adapt.

    This also isn't a new phenomenon. Manufacturing sectors have decreased workforces while maintaining the same output. The steel industry has lost 75% of its workforce in ~40 years, while its shipments didn't decline.

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  32. #22
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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Generational dysfunction is why you see people making horrible financial decisions.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Remember, statistics explain populations, not people.

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Eric Stoner View Post
    Who has pointed to reductions in real income and real wages more than I have ?

    I said there were glimmers of hope because even children from low income households were able to escape poverty by following the "game plan". 71% of them.
    Right and who is teaching them this game plan, and is it the same game plan when they are 3 as when they are 23? These are lagging statistics; they may not hold for a period of time going forward to make them useful as a predictive measure. Their point is, if you have extraordinary discipline and a strong desire to teach yourself financial literacy for your society, with a bit of luck 99% of the time you can move toward greater financial stability. That is true in feudalism, communism, timarchies, oligarchies, facism, socialism, and every other type of government except anarchy. So the wider question is, so what? If a few at the top are taking all the wealth, who cares what a lifetime of "perfect" choices does?

    The USA has experienced a massive increase in productivity over the last 50 years but salaries for the middle class have gone down? Again, who cares that you're $3/hour better than your neighbor because you made "perfect choices". You've still made someone else millions and you'll never see it. I see this outrageous inequality as a weakness for the nation and the world in the long run.
    Where Am I? Missing NYC

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    Default Re: Millenials Fail to Follow Game Plan and End Up POOR

    Quote Originally Posted by Selina M View Post
    Exactly, correlation and causation are two different things and I would be inclined to question where these researchers learned their methodology and analysis techniques.

    As a millenial, we are not 'poor' because we didn't follow that formula. First off, marriage vs. cohabitating is irrelevant as long as you are splitting the bills the same way. Second, I know plenty of people who DID follow that plan and are generally teetering on the edge of eviction, being frequently bailed out financially by their parents. The only ones doing okay are doing so because they live in a small rural town with dirt cheap housing... but if the husband lost his overtime hours, they would be getting close to hot financial water too.

    We're poor because here are your options, using Arizona numbers, assuming your family is not helping you:

    - Follow that plan & get a job right out of high school; work up to $15/hour (which is what my friends that followed that path make on average 8 years later), barely touch $30k/year at that... net about $23k after taxes... spend $11k of that just to exist (in a shitty studio apartment in very bad neighborhoods)... leaves you $1000/month which needs to pay for your food & transportation as well. Sounds pretty 'poor' to me before adding a kid.

    - Go to college, rack up $40k in debt in loans, and get paid $50k-ish for an entry level gig. Net about $38k. But now you have loan payments, which range from $225-$350 depending on repayment plan. This still leaves you about $2000/month extra, assuming you still live in the shitty apartment and drive a shitty car. If you want to upgrade your lifestyle at all, or do anything fun like travel, you rapidly hurdle towards Not Able To Afford To Save For A House Or Afford A Kid.

    Our options suck either way. Wages are too low, school is too expensive, inflation is ridiculous, etc etc. Yet here we are being blamed and told it's OUR fault we are poor, and simultaneously it's also our fault that everything from Applebees to the diamond market is declining, because we aren't spending money.
    So much this. I'm a millennial with a master's degree, no kids, a cheap car, a cheap apartment... and if it weren't for sex work, I'd be broke. I made all the "right" decisions, except that I broke up with a rich guy instead of marrying him. Whoops?

    Hence why I'm leaving the country. Making those American dollars count, in a place where there's half the cost of living and cheap/free health care. This is why the digital nomad movement exists... we youngsters are doing our best to make the system work for us.

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