Adventurelawyer
Mouseketeer
- Joined
- Apr 18, 2013
- Messages
- 414
Social Media is the Devil for personal finance. I completely understand what you are saying. Its hard to look at someone living their best life on the socials and wonder why they can do X, and seem like they are in a relatable situation, but you can only do Y with the funds you have. You never know someone else's situation. Most people in the country are so over leveraged they have given up hope of ever paying it back and just keep on charging it up, making minimums, and allowing themselves to fooled by the "points" they get as a reward for that "hard work." Most, but not all, 24 year olds you see live on the cheap. They have roommates, couch surf and have crappy, unreliable cars, or they have exorbitant interest rates. Maybe mommy and daddy engage in middle class generational poverty and foot the bill for living expenses, so the "kid" is more liquid than they otherwise would be. You do not know what hell awaits these people when it catches up, and it always does. Some of those 24 year olds may end up 30 year olds with a BK, or perhaps their parents will have the BK, or maybe not be able to afford retirement until 90. A Disney vacation is not a sound investment. No vacation is a sound investment. People will give me all the usual crap about YOLO and world citizen, culture, blah blah. Thats all fine and dandy and I hope they all have those fond memories when they are greeting people at Walmart because of the financial mistakes of their "youth." Bottom line, don't be that guy. Don't fall for the BS the Gram pushes.
And before I get flamed, I speak from experience. I was once a 30 year old with a BK because I tried to be the most. We didn't have the socials back then, but keeping up with the Jones' has always been a thing. It's just global now.
And before I get flamed, I speak from experience. I was once a 30 year old with a BK because I tried to be the most. We didn't have the socials back then, but keeping up with the Jones' has always been a thing. It's just global now.