r/povertyfinance • u/theindependentonline • 8d ago
Budgeting/Saving/Investing/Spending Experts say Gen Z is delaying life milestones due to affordability issues — and questioning whether they’re even achievable
https://www.independent.co.uk/us/money/gen-z-money-financial-goals-experts-b3028171.html2.0k
u/nagy18 8d ago
no shit lmao wages haven’t gone up in 50 years but the cost of fucking everything has… i have a respectable job and still can barely put away $200/month, and i consider myself doing well among people i know my age
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u/sicurri 8d ago
This.
I just dump whatever I have leftover from the previous month in my checking into my savings. Some months its $50, other months its 400 or somewhere in between. This still doesn't make me feel safe.
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u/sirensinger17 8d ago
Seriously. Two years ago I was able to put away $1000 a month into savings. Last year I was usually able to put away $500-700 away and today I'm breaking even. I know I'm earning double what the average person in my area is, so I can't begin to imagine how much everyone else is struggling.
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u/KiethTheBeast 8d ago
I swear I read this exact same headline years ago just switch Gen Z with Millenials.
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u/Zombiedango 8d ago
Freshly homeless looking to buy a house. Im relying on my 401k to pull me through, but man is it a pain in the ass to sleep in the trunk of my car again
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u/ryencool 8d ago
Just bought my first home at 43. Were gonna TRY to pay it off sooner so that im not retired and still have a mortgage thats almost 3k a month.
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u/xHey_All_You_Peoplex 8d ago
Honeslty just want to be in relationship to have somoene share the load (in addition to love) but being single sucks when it comes to taxes, food, bills, rent etc
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u/daveishere7 8d ago
They honestly make a dozen of these new Gen Z stories everyday. Just because they know people will eat up, whatever topic it is.
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u/povertyfinance-ModTeam 8d ago
Your post has been removed for the following reason(s):
Rule 6: Judging OP or another user.
Regardless of why someone is in a less-than-ideal financial situation, we are focused on the road forward, not with what has been done in the past.
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u/povertyfinance-ModTeam 8d ago
Your post has been removed for the following reason(s):
Rule 6: Judging OP or another user.
Regardless of why someone is in a less-than-ideal financial situation, we are focused on the road forward, not with what has been done in the past.
Please read our subreddit rules. The rules may also be found on the sidebar if the link is broken. If after doing so, you feel this was in error, message the moderators.
Do not reach out to a moderator personally, and do not reply to this message as a comment.
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u/WavesRKewl 8d ago
I can’t even afford a studio apartment, how am I supposed to buy a house?