I’m 40 and I feel every bit of this. 😭
That’s cause this is a 10 year old post and things have not improved since then.
35-45, such a weird fucking age.
I’m 39 for a few more months and was hoping a complete transformation happened day one of being forty. Guess not.
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Oooh don’t mention the left knee. Mine always felt out of alignment so if my legs are crossed I have to uncross-crack my knee to put it back in place.
It’s gotten worse as I got older. Now it hurts too!
Hah, losers with your left knee problems…
I have right knee problems…
I’ll just crouch for 30 seconds trying to keep my heel on the ground when I get out of bed in the morning. Seems to like everything up before starting the day.
Por que no los dos?
Yuuuuuuuuup same here. #feelsoldman
the 25-35 year olds have $5000?? that’s better than I expected
That was the hyperbole part of the post
Same but 42.
And for your information it’s $5,796.41
I love the rocket mortgage ad telling you that you should refinance your house in order to afford groceries.
Must be really old, as Gen X I wouldn’t dare tell you to refi with these rates. it’s not 2017 anymore. I couldn’t afford a house if I had to buy one now.
At 24 I can’t afford rent within an hour drive of my workplace. Average rent is $2700/mo (distribution is bimodal really, $2500ish and $3000ish). I could barely afford that if I was making twice what I do now
I pay $800. Even if I move for a $10k raise, I’ll lose more than that paying rent somewhere where there are jobs.
Where do you live? I am in MD and there are plenty of places that are under $1500 for a 1 bedroom. Still expensive, but nowhere near the number you are talking about.
I’m betting Canada.
Considering the cheapest place I could find in my hometown even 15 years ago was a room in somebody’s house with “occasional kitchen access” for $1k a month, this could easily be just about anywhere outside of the rural US.
In NY / LI in an industrial park so anything cheaper than about around 2k is a bedroom with no kitchen, no w/d, or some kind of chop shop tenement housing with 20 bedrooms packed into a normal two story house. Anything listed as cheaper, especially on sites like Craigslist is just scammers who want your SSN and illegally high “application fees” before you even see the place, or they’re excluding some deal breaker details (e.g. nowhere to do laundry, no kitchen, roommates, what utilities are included, etc).
I could live around an hour by car away but then I’d also need a car + insurance etc. Funnily enough the lack of a car doesn’t really affect my options because of how large of a black hole in cheap housing there is out here. It wouldv also negate the cost savings. The streets are not walkable or bikable - it’s all 4+ lane highways, so certain places aren’t an option. Currently I take a train+bus+walk but I’m at the whims of those underfunded systems, which have proven unreliable.
Damn, I wish I had $5k at 22 years old.
I’m 34 with a full time paying job while my wife has 2 jobs. We don’t even have 1k between checking and savings after all the bills have been paid. We’re one broken bone or ER trip away from a disaster. No need to worry though. I’ve heard the economy is doing FANTASTIC.
No they are the 25-35 year old with 5k
Oh my bad. I misread it.
Life has no meaning, just do your best to enjoy it
This isn’t about “finding meaning in life”, it’s about dealing with a crap hand that was dealt before we even sat at the table. Yes, the ideal approach is to make the best of it, but every step of even doing that is made harder every year and that sucks.
Don’t fight for a better tomorrow. Just keep your head down and hope to come out the other side in decent enough shape to die.
you’re right- it was all just a joke to start with, wasn’t it
If your tasty casserole is similar to the boomer macaroni, that’s a you problem. Learn to cook better.
Similarly if your savings account is netting you cents a year. Learn to invest. 5000 is an ok start if you’re still young.
Edit: Like the comment below says, I’m not saying it’s easy. It’s not meant as an insult but as advice.
I didn’t open an account myself until actually relatively recently and I’m in my 40s now. I come from a working class background. No one in my family ever invested and it never occurred to me that it was an option. I wish I’d started 10 or 20 years ago.
Common consumer savings accounts at major banks like Wells Fargo are useless and pathetic compared to what they were. You could get almost 8% in the 1980s. It’s in the decimals for the vast majority of consumer accounts at the balances 95% of the people have. 0.25% isn’t uncommon, and neither is 0.01%.
You might be able to get ~5% on a high yield savings account if you can find one that doesn’t have too many restrictions. A decent CMA at a brokerage will probably get somewhere between 2-5%, and many of them operate just like regular checking with debit carts and the like.
Sure, the Big Banks are convenient with ATMs everywhere and all that, but thanks to the vast majority of transactions being electronic, that convenience matters less and less every day.
E: people are sharing banks they know of with good rates, check them out or your local credit union. Stay away from Big Consumer Banking. Their rates are junk.
Wealthfront checking account has 0 restrictions and pays 5% APY. Same day withdrawals. No minimums. No fees. 8M FDIC insurance. So does SoFi. Ally…
I don’t know why you were downvoted, it’s true. This isn’t like a bootstraps judgement thing, this is just good advice- high yield savings accounts now are like 4% interest, so that’s $200 / yr on that $5k.
Depends on how much you need to draw into that 5k. Liquidity is pretty important too, and you don’t want to have to worry about short sales.
I mean yeah but if you need it for your day to day it’s not really savings. It’s tough out there no doubt of course.
Every holiday at home feels like this….
25 year olds aren’t millennials
Considering this post is like 7 years old, yes they where.
Haha. Ow. ʘ‿ʘ
GenX here. Yeah I remember that phase. Too old to be a kid. Too young to have any authority. The only 5K I had was on credit. But it gets easier.
And to any other fellas with $5K in the 12cent account. Please take the time to move that to a HYSA. You can get like 5% a year these days.
Wish I knew that earlier 🫠
smiling incomprehensibly
how can no one comprehend my smile?
spoiler, the insecurities extend well into your forties
