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singe89 · 6 December 2018, 10:07 AM

Quote:

Originally Posted by superstarmar

Ummmm , maybe being a little frugal might help them out
a little? That's great money and should be easy to obtain some
great goals in life besides $25+ bottles of wine that could be
easily replaced with $10 and invest in a reverse osmosis in home
water system to save them the $5 cut water daily spending ?

Exactly what I told them. Few of them got raises mid year and told them to use the difference in pay to max out 401k, pay off student loans or put a savings account aside for a down payment on a home. Instead two of them moved into a nicer rental condo on the ocean. One of them is from the east coast and even pays to upgrade do first class when he goes home for the holidays. Feel like I can’t get through to them.

kearez · 6 December 2018, 01:43 PM

Quote:

Originally Posted by singe89

One of them is from the east coast and even pays to upgrade do first class when he goes home for the holidays. Feel like I can’t get through to them.

I've met a lot of people like this, and its all generations, have to have it now and cant see forward to the future. We received a nice little performance bonus, this year. For myself went straight into my Roth IRA, another colleague blew it all on top of the range electric bikes and another bought a week on a cruise.

I'm a millennial late 20's, and can agree we prefer experiences to material goods, the experience will last you a life time whilst an expensive car will only last a few years, plus the additional hassle, now an increase on insurance.. more petrol etc. Isn't worth unless you have a lot of disposable income

joeychitwood · 6 December 2018, 11:48 PM

Experiences are great, but they don't help much if a guy wants to retire early.

Blacktocomm · 7 December 2018, 03:02 AM

Quote:

Originally Posted by joeychitwood

Experiences are great, but they don't help much if a guy wants to retire early.

If you budget wisely you can do both, but I think a lot of people are just unwilling to set and live by a budget in order to reach their goals.

joeychitwood · 7 December 2018, 05:27 AM

Quote:

Originally Posted by Blacktocomm

If you budget wisely you can do both, but I think a lot of people are just unwilling to set and live by a budget in order to reach their goals.

Absolutely true. I have friends, Baby Boomers, who have basically no money set aside for retirement.

beshannon · 7 December 2018, 05:55 AM

Quote:

Originally Posted by joeychitwood

Absolutely true. I have friends, Baby Boomers, who have basically no money set aside for retirement.

I know far too many people like that

They do however have the latest iPhone and lease a new car every three years

Blacktocomm · 7 December 2018, 07:40 AM

Quote:

Originally Posted by joeychitwood

Absolutely true. I have friends, Baby Boomers, who have basically no money set aside for retirement.

Thank goodness they are close to being able to contribute the extra 6k a year to catch up on retirement...

CAM29 · 9 December 2018, 01:38 PM

Millennial and a car enthusiast checking in.

Very valid points that have already been mentioned:

1. Student loan debt
2. Low wages/cant afford a new car
3. We see cars as just transportation

One major thing that has yet to be mentioned is image.
In all the major cities that I've been in, Millennials are after status that a Mustang can't deliver. We want BMWs, Audis, Mercedes.. etc. I don't know anyone that wants a new Mustang.

For those after performance and not the image, I see people with the Nissan Z coupe, Honda Civics, Subaru Sti, etc. Though not a performance car, the Jeep Wrangler is very popular too.

I notice cars like the Mustang, Charger, Camaro, Challenger being popular with certain types of people. I see them all over towns with military bases.

At the end of the day, Millennials who are in the market for a sports car just buy(lease) a 4 series.

Star Ferry · 9 December 2018, 02:00 PM

I think I'm in the minority of millennials. Don't have snapchat, rarely use instagram.

I notice a lot of people my age try really hard to create a glamorous image of their life on social media. Some of these people come from wealth, but the lion's share are faking it.

An acquaintance the other week snapchatted a photo of one of my watches with the caption "New addition to the collection." Pretty weird stuff. He had just asked to try it on. An incredulous friend sent me a screenshot.

This kind of activity doesn't make me happy, so I don't participate in it

mjr24 · 9 December 2018, 04:40 PM

Yeah, I ditched social media a few years ago. I am off the grid except on some message boards (but obviously anonymous).

I don't regret it, at all.

I'm 38 so was definitely into video games a little bit (mostly sports) when I was younger.....but I have an 11-year old now and it's not easy....it's all he wants to do pretty much (and if it's not that then it's the IPad). I just feel lucky I grew up at a good time in life....80's, etc.

teabags001 · 9 December 2018, 04:56 PM

I’m 36 and don’t take this the wrong way but I don’t think the younger generations. The ones younger then I appreciate vintage things. They like new things that look old. If that makes any sense. I personally love and drive porches. I’d rather drive that then a 1960’s mustang at this point of my life.

Sent from my iPhone using Tapatalk

SearChart · 9 December 2018, 05:09 PM

I'm not sure the car thing can be generalized so much, driving stick is very common in Europe and most kids still learn it today.
All guys I know from my age (24) love cars, sure we don't have money to buy the cool stuff, but still.

High petrol costs (€1.60 ish per liter), very high tax on high powered, heavy and polluting cars. Makes it near impossible for regular folks to buy something with a nice V8, the government just forces you into small economical vehicles to hit their emission goals.

And student debt is also very much country related, you rarely hear about these massive debts in my country (Netherlands) and Scandinavian countries since college and university are heavily subsidized according to income and parents income.

I for one have 0 debt, just out of college, have a good job and am currently able to save about €2k a month, and I'm definitely not the only one.

ironmanmarcus · 9 December 2018, 05:26 PM

OK so they like different things, big deal.
Maybe they don't want cars that guzzle the fuel and continue to damage the environment. Maybe they object to the high prices.
You are asking why someone of a generation or 2 away doesn't want to pay half a year salary, if they are lucky, to buy a car and join a club.
They just like/want different things.

Remember when your parents said rock music was the work of the Devil?

Andad · 9 December 2018, 05:58 PM

Well, you can’t drink RO water Mario without the full system and that can be worth a few $$’s to maintain.

Wools · 9 December 2018, 10:41 PM

Quote:

Originally Posted by SearChart

Ahh, the good old generalisation of an entire generation. Ignorant and unsuited for this forum IMO.

Perfectly put.

joeychitwood · 9 December 2018, 11:29 PM

"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers."

Seems that criticizing subsequent generations isn't new. Attributed to Socrates by Plato about the younger generation.

superstarmar · 10 December 2018, 01:38 AM

Quote:

Originally Posted by directioneng

Well, you can’t drink RO water Mario without the full system and that can be worth a few $$’s to maintain.

True , I forgot how much mine cost ...

In the long run I think you still save...

Wahlberg · 10 December 2018, 02:26 AM

Quote:

Originally Posted by Blansky

The strange thing is, the people that complain about "these kids today" are the same people generally that brought them up, or brought up their parent

So I guess WE did this.

Thank you.

Regarding cars, in Europe it's all about downsizing (big engine cars were never popular because they are expensive to buy, to maintain, to drive/fill up, to even get them on the road).

The children growing up nowadays who are 5 years old and the ones up to 15 are all being told that big engines are bad, electric cars are the future etc. And this mindset is instilled by the older generations and the government punishes you for buying these (old) cars. So why would they waste money on them?

So go figure why they aren't interested in the things you and I grew up with. They never knew it, they've never seen it so they don't care about it.

Johny · 12 December 2018, 01:58 AM

Quote:

Originally Posted by SearChart

Ahh, the good old generalisation of an entire generation. Ignorant and unsuited for this forum IMO.

I spoke to a young person this year....

Dilemma · 12 December 2018, 03:11 AM

Quote:

Originally Posted by SearChart

Ahh, the good old generalisation of an entire generation. Ignorant and unsuited for this forum IMO.

Well you’re right and you’re wrong. Agreed. The generalization is ignorant. Just curious; in your estimation, what *is* suitable for discussion here? Wine? Got that. Food? Yup. Houses? Check. Photography? Covered.

People have been complaining about ‘Kids these days’ as long as there’s been kids.

SearChart · 12 December 2018, 03:38 AM

Quote:

Originally Posted by Johny

I spoke to a young person this year....

That weird skinny Dutch guy?

Johny · 12 December 2018, 03:44 AM

Quote:

Originally Posted by SearChart

That weird skinny Dutch guy?

A frightening experience...

SearChart · 12 December 2018, 04:02 AM

Quote:

Originally Posted by Johny

A frightening experience...

Never trust a man who climbs up a mountain to take a p!ss

Johny · 12 December 2018, 04:28 AM

Quote:

Originally Posted by SearChart

Never trust a man who climbs up a mountain to take a p!ss

I found him sleeping in my house in the Jocke Ikea room...

SearChart · 12 December 2018, 04:50 AM

Quote:

Originally Posted by Johny

I found him sleeping in my house in the Jocke Ikea room...

Might be IKEA, but that was a comfy bed

Johny · 12 December 2018, 04:55 AM

Quote:

Originally Posted by SearChart

Might be IKEA, but that was a comfy bed

… and then I had to teach him how to stand in the road and p-ss in a circle...

Whilst drinking a beer of course...

SearChart · 12 December 2018, 04:58 AM

Quote:

Originally Posted by Johny

… and then I had to teach him how to stand in the road and p-ss in a circle...

Whilst drinking a beer of course...

I thought I had to go up a mountain, but it appears that there are no rules in Scotland...

Johny · 12 December 2018, 05:02 AM

Quote:

Originally Posted by SearChart

I thought I had to go up a mountain, but it appears that there are no rules in Scotland...

You did both..

I blame the parents, it's not really my job to teach young people all these essential life skills...

SearChart · 12 December 2018, 05:05 AM

Quote:

Originally Posted by Johny

You did both..

I blame the parents, it's not really my job to teach young people all these essential life skills...

Savage life skills 101

Johny · 12 December 2018, 05:11 AM

Quote:

Originally Posted by SearChart

Savage life skills 101

Savage Savage … civilised and useful you mean...

9 December 2018, 05:58 PM	#74
Andad 2024 ROLEX DATEJUST41 Pledge Member Join Date: Nov 2006 Real Name: Eddie Location: Australia Watch: A few. Posts: 36,797	Well, you can’t drink RO water Mario without the full system and that can be worth a few $$’s to maintain. __________________ E

6 December 2018, 11:48 PM	#63
joeychitwood "TRF" Member Join Date: Oct 2009 Location: Way Up North USA Watch: Rolexes & Tudors Posts: 6,361	Experiences are great, but they don't help much if a guy wants to retire early.

9 December 2018, 01:38 PM	#68
CAM29 "TRF" Member Join Date: Jan 2018 Location: Phoenix Posts: 44	Millennial and a car enthusiast checking in. Very valid points that have already been mentioned: 1. Student loan debt 2. Low wages/cant afford a new car 3. We see cars as just transportation One major thing that has yet to be mentioned is image. In all the major cities that I've been in, Millennials are after status that a Mustang can't deliver. We want BMWs, Audis, Mercedes.. etc. I don't know anyone that wants a new Mustang. For those after performance and not the image, I see people with the Nissan Z coupe, Honda Civics, Subaru Sti, etc. Though not a performance car, the Jeep Wrangler is very popular too. I notice cars like the Mustang, Charger, Camaro, Challenger being popular with certain types of people. I see them all over towns with military bases. At the end of the day, Millennials who are in the market for a sports car just buy(lease) a 4 series.

9 December 2018, 02:00 PM	#69
Star Ferry Banned Join Date: Aug 2015 Location: down by the river Posts: 4,926	I think I'm in the minority of millennials. Don't have snapchat, rarely use instagram. I notice a lot of people my age try really hard to create a glamorous image of their life on social media. Some of these people come from wealth, but the lion's share are faking it. An acquaintance the other week snapchatted a photo of one of my watches with the caption "New addition to the collection." Pretty weird stuff. He had just asked to try it on. An incredulous friend sent me a screenshot. This kind of activity doesn't make me happy, so I don't participate in it

9 December 2018, 04:40 PM	#70
mjr24 Banned Join Date: Dec 2009 Location: Wisconsin Posts: 587	Yeah, I ditched social media a few years ago. I am off the grid except on some message boards (but obviously anonymous). I don't regret it, at all. I'm 38 so was definitely into video games a little bit (mostly sports) when I was younger.....but I have an 11-year old now and it's not easy....it's all he wants to do pretty much (and if it's not that then it's the IPad). I just feel lucky I grew up at a good time in life....80's, etc.

9 December 2018, 04:56 PM	#71
teabags001 Banned Join Date: May 2017 Location: USA Watch: DD40, hulk, Dayton Posts: 2,039	I’m 36 and don’t take this the wrong way but I don’t think the younger generations. The ones younger then I appreciate vintage things. They like new things that look old. If that makes any sense. I personally love and drive porches. I’d rather drive that then a 1960’s mustang at this point of my life. Sent from my iPhone using Tapatalk

9 December 2018, 05:26 PM	#73
ironmanmarcus "TRF" Member Join Date: Nov 2013 Real Name: Marcus Location: Melbourne, Aus Watch: 114060 SubC Posts: 180	OK so they like different things, big deal. Maybe they don't want cars that guzzle the fuel and continue to damage the environment. Maybe they object to the high prices. You are asking why someone of a generation or 2 away doesn't want to pay half a year salary, if they are lucky, to buy a car and join a club. They just like/want different things. Remember when your parents said rock music was the work of the Devil?

9 December 2018, 11:29 PM	#76
joeychitwood "TRF" Member Join Date: Oct 2009 Location: Way Up North USA Watch: Rolexes & Tudors Posts: 6,361	"The children now love luxury; they have bad manners, contempt for authority; they show disrespect for elders and love chatter in place of exercise. Children are now tyrants, not the servants of their households. They no longer rise when elders enter the room. They contradict their parents, chatter before company, gobble up dainties at the table, cross their legs, and tyrannize their teachers." Seems that criticizing subsequent generations isn't new. Attributed to Socrates by Plato about the younger generation.

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