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willsmithsrightpalm t1_ja7zh91 wrote

Reply to comment by wrstcasechelle in Young generations tend to judge or pity for old generations but the fact is that the later are apparently happier, less anxious and more content with what they achieved or failed to. by red-ed

I think the financial part is the biggest factor. Inflation calculators are neat and depressing tools to play with. $30K in 1970 is roughly $230K this year. Wages are absolutely not keeping up with inflation.

I was a troubled and anxious millennial until I graduated and got an engineering job. Seriously did not feel like life truly began until I had a steady income in my mid 20s. I'm a totally different person with financial stability, but you could get the same level of security from being a cab driver "back in the day"

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wrstcasechelle t1_ja83v6m wrote

Absolutely true.

Personally I’m jealous of the older generations who were able to buy a home, support a household on a single income, “keep up with the Joneses,” afford all the costs that come with large families,etc.

Most of us live paycheck to paycheck, no savings, and plenty of debt, and it’s not from lack of effort. Two of my best friends make over 100k a year and they still struggle with debt (although to be fair one is a compulsive shopper and the other has a shit-ton of student loans to pay off.)

My problem with the older generations is that generally they don’t understand why the younger aren’t living up to their own financial standards. We’re just lazy and don’t want to work, welfare queens, etc. I love my job, and I bust my ass, but I’m still not paid a living wage.

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