>>63858736>If a boomer spent 1/3 of his monthly pay for mortgage and food he'd live like a kingand if a boomer bought as many consumer appliances, ate out, and travelled as often as a zoomer did, he would live like a pauper
If zoomers lived like boomers they wouldn't have any financial problems
that means cooking 20 out of 21 meals a week, buying modest houses ~1 hour's travel time from city centres, buying cheaper cars, buying fewer consumer electronics appliances, flying for holidays only once every few years, etc
Folger's costs a few cents a cup. Starbucks is what, $5 a cup? $6? (I don't know, I've never bought a drink at Starbucks since Covid19)
that fucking adds up
apply the Folger's treatment across all spending categories, suddenly you'll afford rent
>A zoomer can't even pay rent with 1/3 of his wage, not to mention the food inflation of the past few yearsthis is true and we are all feeling the pinch, but welcome to babby's first recession
the ratio of rent to other components of the basket of goods has changed
but that's fine because the other components have changed as well, e.g. appliances and entertainment is dirt cheap
that is why we are unknowingly overspending on these categories and need to REBALANCE
>>63858756yes
>https://ofdollarsanddata.com/no-millennials-arent-poorer-than-previous-generations/