Quote:
Originally Posted by V
Sometimes I feel like I am the only person in an office of hundreds that doesn't take a trip down south every winter. And that includes all the young punks.
I don't think it's a generational thing anymore, and I think it's funny that the old resent the young as much as the young resent the old. We are all long gone, as a society. Our metric of reasonable spending has gone through the roof. And I honestly don't know how everyone does it. I'm an engineer, make a good wage, I drive a POS, I lived in the NE for 10 years and I don't have all that much for good lulz after everything's paid for. I'm sure three kids and only one income doesn't help, but still. I'm sure I make as much as a lot of people with dual incomes, especially after daycare is considered.
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I here ya V. I don't know how some people do it. And you are right that it's not a generational thing. I'm not going to generalize it's a baby boomer trend vs. a genX/Y as I don't think it has to do with age. I see friends and coworkers go on multiple trips to places like Cancun, or Las Vegas, without batting an eye. Some of these people make less than me, but they never seem to have a problem paying $300-$700 for the iphone 4 or for the ipads, or $100 dollar meals at a fancy restaurant. I don't know how they do it.
Having recently bought a house and being somewhat broke, I was still able to make sure I had at least 3 months worth of pay saved up in my bank account in case I get laid off tomorrow. I make sure to contribute regularly to my company's RRSP, plus I try to target saving $200-$500 a month for stocks as well.
That basically leaves me with no money to spend on things like trips, expensive clothes, and fancy dinners. I've been driving the same car for 4 years now and intend to keep it for at least another 6.
I'm not going to lie, sometimes I see people just spend spend spend and worry later, and I get a bit jealous wishing I could have that mentality and just buy whatever I want. But I guess that's the tradeoff for a little financial stability.