Why are Millennials broke or They’re Not the Cheapest Generation.

So, home prices went up. Food prices went up. Health care prices went WAY UP. Rent prices went up. Higher education went up so damn high that some of us forgo that all together. Energy prices went up. Car prices went up.

Prices of prices went up.

We also pay cell phone bills, internet bills, data plans, text plans, online subscriptions, cable/satellite tv, netflix, DVR subscriptions — bills that didn’t even exist 30-40 years ago. We also use computers and smartphones and microwaves and other consumer electronics that didn’t exist 20-50 years ago.

We need medications and doctors and contact lenses and tampons and maxi pads and other things that cost money just to be alive and keep us healthy.

Most of us can’t afford to:

Get married and have a “Traditional” big wedding

Buy a house

Buy a new car

PLAN to have children

Take two, consecutive weeks of vacation.

Jobs that paid 50k in the late 1990s now pay between 30-35. Interest rates that favor consumers have gone down.

So I say, no. We are not choosing not to buy homes. We’re not choosing to take the bus in cities where there’s no good public transit. WE ARE NOT CHOOSING TO LIVE WHAT SOCIETY DEEMS AS AN UNDESIRABLE LIFESTYLE.

Don’t even get me started on the fact that these two people in the picture are young white hipsters. Young black and brown folks have been forgoing homeownership and buying new cars for decades, this shit isn’t new, pal. You’re just acting like this shit is new because it’s hitting white folks.

anyway, my point is: We are fucking broke.

— from Awesome-Everyday

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