- My Forums
- Tiger Rant
- LSU Recruiting
- SEC Rant
- Saints Talk
- Pelicans Talk
- More Sports Board
- Winter Olympics
- Fantasy Sports
- Golf Board
- Soccer Board
- O-T Lounge
- Tech Board
- Home/Garden Board
- Outdoor Board
- Health/Fitness Board
- Movie/TV Board
- Book Board
- Music Board
- Political Talk
- Money Talk
- Fark Board
- Gaming Board
- Travel Board
- Food/Drink Board
- Ticket Exchange
- TD Help Board
Customize My Forums- View All Forums
- Show Left Links
- Topic Sort Options
- Trending Topics
- Recent Topics
- Active Topics
Started By
Message
re: Is everyone just rich today
Posted on 12/8/25 at 10:27 am to ClemsonKitten
Posted on 12/8/25 at 10:27 am to ClemsonKitten
Easy credit rip-offs
Ain’t we lucky we got em
Good times!
Ain’t we lucky we got em
Good times!
0
Posted on 12/8/25 at 10:31 am to pelicansfan123
quote:
Need to avoid comparing myself to others!
This is one of the top 3 things I stress to my children. Comparison is the thief of happiness. Others will always have more or less. Be thankful for what you have and find happiness within your own life.
Posted on 12/8/25 at 10:36 am to ClemsonKitten
quote:
Is everyone just rich today
Record Holiday spending, paying 1k car payments per vehicle, living in 1 million dollar houses, spending 10 dollars on ground beef, taking international trips every quarter. I guess I got left out lol.
We have an incredibly high standard of living here. Assuming most of us are middle class, our counterparts in western Europe have one car, maybe two, both have a tiny four cylinder engine. Their vacations are minimal even though they get lots of holiday days off. They go to a free university but its nothing like four years at the Bama Deke house, its more like community college.
The workclass has an even more stark diff. In Europe they drive old arse mini trucks and wear coveralls. No Denali 3500 contractor cadillacs. No $120 hoodies. No expensive boots. No center console or campers.
This is all compared to western Europe. You go to the developing world and the differences are even more stark. Look up District 31 in Buenos Aires. The average person in most of the world lives in a tiny apartment and drives an old four banger.
BE THANKFUL.
Posted on 12/8/25 at 10:37 am to jizzle6609
quote:
It will catch up to them all in a big way later. It always does.
It already should have, multiple times.
Unfortunately the government has stepped in an basically redistributed wealth to keep the house of cards upright.
While you are correct that one day it will collapse, it may outlive you and me.
And what's truly scary is killing off those of us who do things the right way may be the motivation behind all of this.
Posted on 12/8/25 at 10:40 am to TygerTyger
quote:
hen one day I was talking the guy and he mentioned he was trying to sell the toy hauler but he has WAY upside down on it. He also mentioned he was late on a payment on the side by side.
That's when it hit me, they are in debt up to their assholes.
That's how most people are "rich".
I don't have nearly as much "stuff", but everything I have is paid for.
This is the answer for nearly everyone that gives an appearance of wealth.
A 1 million mortgage at rates from a few years ago is about ~4,000 a month. Another 1,000 a month leases you a $100,000 car. You're already looking pretty rich for $5,000 a month.
Posted on 12/8/25 at 10:42 am to GreatLakesTiger24
quote:
Everyone is lower or upper
It’s a K economy
Posted on 12/8/25 at 10:42 am to Cosmo
quote:
Average household income on TD is 350k
You mean tree fiddy
Posted on 12/8/25 at 10:46 am to Huey Lewis
The thought of paying $4K a month on a mortgage makes me start cold sweating. I can't imagine.
And that's knowing that if you make smart choices on location you're going to get all of that, minus the interest, plus the property value increase, back when you sell.
No thanks.
And that's knowing that if you make smart choices on location you're going to get all of that, minus the interest, plus the property value increase, back when you sell.
No thanks.
Posted on 12/8/25 at 10:47 am to ClemsonKitten
I don't know how people keep their sanity running up debt
It's called living within your means, it's not a complicated thing to do
If you go on credit for a vacation or a toy in order to buy it, that is plain stupidity
It's called living within your means, it's not a complicated thing to do
If you go on credit for a vacation or a toy in order to buy it, that is plain stupidity
This post was edited on 12/8/25 at 10:48 am
Posted on 12/8/25 at 10:51 am to ClemsonKitten
My wife and I do fairly well. We moved from DFW to Mississippi about three years ago and we’re certainly better off than most here. Mississippi is the Brazil of America….it’s the haves and have nots. I usually fly out of GPT but today I’m flying out of Jackson. Mississippi is quite poor and its right in your face while driving. Regardless of race, the poor and uneducated folks are everywhere. If you want a reality check, visit most of Mississippi. These folks are definitely not rich. They’re on the other end of the spectrum.
Posted on 12/8/25 at 10:54 am to ClemsonKitten
I think it is a combination of several factors at play.
You won’t hear anyone bragging about it, but there’s a lot of early inheritance happening and parents subsidizing their adult children’s lifestyle. Parents helping with down payments on homes, paid for their med school/law school etc. so they could graduate with no debt, assisting with grandkids 529s, school tuition and/or day care costs — just a few examples.
I think a lot of middle class people are underfunding their retirements. Maybe they put in enough to get the company match but that’s all.
Some that aren’t saving nearly at all, using credit cards/affirm/klarna payment plans to fund these expenses. View their home as an asset to justify a ridiculous mortgage payment they probably can’t truly afford but the bank allowed them to borrow the money so that must mean it’s ok.
Then there are some minority that are doing all the things right. High earners, invested early and often, refinanced during Covid etc.
You won’t hear anyone bragging about it, but there’s a lot of early inheritance happening and parents subsidizing their adult children’s lifestyle. Parents helping with down payments on homes, paid for their med school/law school etc. so they could graduate with no debt, assisting with grandkids 529s, school tuition and/or day care costs — just a few examples.
I think a lot of middle class people are underfunding their retirements. Maybe they put in enough to get the company match but that’s all.
Some that aren’t saving nearly at all, using credit cards/affirm/klarna payment plans to fund these expenses. View their home as an asset to justify a ridiculous mortgage payment they probably can’t truly afford but the bank allowed them to borrow the money so that must mean it’s ok.
Then there are some minority that are doing all the things right. High earners, invested early and often, refinanced during Covid etc.
Posted on 12/8/25 at 10:55 am to Tiger4life306
quote:
You won’t hear anyone bragging about it, but there’s a lot of early inheritance happening and parents subsidizing their adult children’s lifestyle. Parents helping with down payments on homes, paid for their med school/law school etc. so they could graduate with no debt, assisting with grandkids 529s, school tuition and/or day care costs
This isn’t true
Posted on 12/8/25 at 10:56 am to Tiger4life306
this
i know of multiple people who's parents paid for their 700k+ homes cash outright
i know of multiple people who's parents paid for their 700k+ homes cash outright
Posted on 12/8/25 at 10:56 am to Nevada_Tiger
quote:
Keep in mind that very few people share their losses - just their wins. You are getting at best a curated, if not dishonest view into peoples lives.
So true. We just see the family ski trip or the week trip to seaside to take the obligatory family beach picture or Disney. And not the arguing and screaming at the kitchen table about the mountain of credit card debt that’s straining the marriage
Posted on 12/8/25 at 10:57 am to ClemsonKitten
quote:
Record Holiday spending
Meh. Pretty consistent for me, year over year.
quote:
paying 1k car payments per vehicle
I, once, stupidly had 3 car payments that added up to over a thousand. I'm never having a stupid high car payment ever again - maybe not any, ever again.
quote:
living in 1 million dollar houses
Depends on whom you ask.
quote:
taking international trips every quarter.
Ain't nobody got time for that.
quote:
I guess I got left out lol.
Look, I get it. I was poor, too. Nobody cares. Work harder.
Posted on 12/8/25 at 10:57 am to Tiger4life306
quote:
You won’t hear anyone bragging about it, but there’s a lot of early inheritance happening
Yep, the biggest wealth transfer on earth is happening.
Posted on 12/8/25 at 10:59 am to RogerTheShrubber
quote:
Yep, the biggest wealth transfer on earth is happening.
By a small subset of people.
Lots of dollars going to not lots of people. Simple math
Posted on 12/8/25 at 11:00 am to Mingo Was His NameO
It might not happen for you buddy but it is happening, 100%
Posted on 12/8/25 at 11:00 am to Mingo Was His NameO
quote:
By a small subset of people.
Posted on 12/8/25 at 11:03 am to RogerTheShrubber
The wealth disparity can’t continue to grow (a fact) and a lot of people also getting inheritance that’s actually material. The math doesn’t math. MOST people, especially middle class and in that 60-70% of “wealth” range, really don’t have that much saved and are leveraged to the gills which their estate will have to settle.
And that’s before we factor in anything like end of life care. There isn’t some golden parachute for the economy as a whole.
And that’s before we factor in anything like end of life care. There isn’t some golden parachute for the economy as a whole.
Page 4 of 18
Popular
Back to top
Follow TigerDroppings for LSU Football News