Domain: tiger-web1.srvr.media3.us Weekly Millennials are worthless thread - 46% still get allowance from Mom and Dad | Page 4 | O-T Lounge
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re: Weekly Millennials are worthless thread - 46% still get allowance from Mom and Dad

Posted on 7/30/19 at 12:00 pm to
Posted by Eric Nies Grind Time
Member since Sep 2012
25484 posts
Posted on 7/30/19 at 12:00 pm to
quote:

At least they can look at those participation trophies and remember back when they were something important.


I never understood why participation trophies were a criticism against millenials. Millenials did not want participation trophies...the parents of the millenials wanted the participation trophies for their kids.
Posted by Oilfieldbiology
Member since Nov 2016
41869 posts
Posted on 7/30/19 at 12:00 pm to
Hold on, you’re saying it’s a poor financial decision to stay on your parents phone plan and pay a reduced rate vs getting off the plan and having to pay significantly more?

Rent and groceries are bull shite but don’t try to convince me paying more for cell phone is a good show of independence.
Posted by Cocotheape
Member since Aug 2015
4242 posts
Posted on 7/30/19 at 12:01 pm to
Millennials deserve these reparations from boomers
Posted by VeniVidiVici
Gaul
Member since Feb 2012
1728 posts
Posted on 7/30/19 at 12:05 pm to
quote:

My parents give me approx $30k cash every year as a "gift".


I'm with the IRS. Can you come by my office tomorrow morning?
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36741 posts
Posted on 7/30/19 at 12:05 pm to
quote:

what is the point of building wealth if you can't/don't share it with family (or friends)?
I agree. I don't find gifts, such as trips to be weird/inappropriate. I do find paying for housing, vehicles, groceries, etc... to be a little pathetic.

There is a group of young people today who either don't see anything wrong with someone else paying for them to live, or don't want to take the necessary steps needed to be able to provide for themselves. I can't comprehend that mindset.
Posted by sgallo3
Lake Charles
Member since Sep 2008
26189 posts
Posted on 7/30/19 at 12:06 pm to
Its probably almost all cell phone bills. Its so much cheaper to keep a line on a plan than an entirely new plan. If you arent broke, you arent gonna make a fuss over paying an extra $10 a month to keep ur kids on ur plan
Posted by Dam Guide
Member since Sep 2005
16638 posts
Posted on 7/30/19 at 12:06 pm to
quote:

RogerTheShrubber

Got anything at least from the last 5 years? More Millennials now approaching their 40s than back in 2011. You looking at a time when the much smaller Gen X was more in their career building stage. Millenials were just getting started back then. Should start swinging harder to them in the next few years as the last hurrah of the Boomers slowly fades away.

Closest I could find was in 2015 with boomers at 38%, X at 36%, Millenials at 25%. Said the boomers dropped 2% from the year before and will only see more drastic drops in the coming years. 25% is a decent dent from people with much lower salaries due to experience and seniority.


Had to get a cached version of this page to view it
LINK
This post was edited on 7/30/19 at 12:28 pm
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36741 posts
Posted on 7/30/19 at 12:06 pm to
quote:

Rent and groceries are bull shite but don’t try to convince me paying more for cell phone is a good show of independence.
shite, why do you need rent? You could just live with your parents until they die, then you get a free house!
Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
36741 posts
Posted on 7/30/19 at 12:08 pm to
quote:

I'm with the IRS. Can you come by my office tomorrow morning?
Then you would know the minimum gift exclusion per year is 15k per person (assuming he is married)
Posted by Oilfieldbiology
Member since Nov 2016
41869 posts
Posted on 7/30/19 at 12:09 pm to
quote:

agree. I don't find gifts, such as trips to be weird/inappropriate. I do find paying for housing, vehicles, groceries, etc... to be a little pathetic. There is a group of young people today who either don't see anything wrong with someone else paying for them to live, or don't want to take the necessary steps needed to be able to provide for themselves. I can't comprehend that mindset


All of this
Posted by I Bleed Garnet
Cullman, AL
Member since Jul 2011
54846 posts
Posted on 7/30/19 at 12:10 pm to
i could live with my parents I wanted

But I don’t care to live in Weddington NC and work in charlotte
This post was edited on 7/30/19 at 12:11 pm
Posted by Jim Rockford
Member since May 2011
104694 posts
Posted on 7/30/19 at 12:11 pm to
quote:

Then you would know the minimum gift exclusion per year is 15k per person (assuming he is married)


IIRC they can give as much as they want, but anything over 15k counts against the inheritance tax exclusion.
Posted by OweO
Plaquemine, La
Member since Sep 2009
121168 posts
Posted on 7/30/19 at 12:19 pm to
Bunch of pussies. No bullshite. My dad passed away my first year of college. My name was then listed as an owner of the family house. My mom made me pay her $200 a month.

My allowance was my parents buying me the things I needed when I was a teenager. School clothes, school material. One day they up and decided to buy me a stereo for my room. There was a sale and it was 75% off. That was a big deal because then I was able to get my brother's tapes and make copies from the blank tapes I was able to talk my parents into buying when they were getting the stereo.

One time I asked for an allowance and my dad laughed and said "you want me to just give you money?" If I was over the age of 18 and was getting an allowance from my parents I'd be embarrassed. And if I didn't have the money for a call phone, etc, etc I'd just have to do without.
Posted by fr33manator
Baton Rouge
Member since Oct 2010
134093 posts
Posted on 7/30/19 at 12:20 pm to
quote:

My allowance was my parents buying me the things I needed when I was a teenager. School clothes, school material.


Bet they saved a bunch of money on shoes and socks
Posted by Salmon
I helped draft the email
Member since Feb 2008
85696 posts
Posted on 7/30/19 at 12:21 pm to
what a cringe post
Posted by Clames
Member since Oct 2010
19275 posts
Posted on 7/30/19 at 12:22 pm to
quote:

More millenials graduate with a STEM degree than any other generation



Sorry kid, but Social Sciences don't exactly count in the STEM field and a B.S. in Chemistry, Biology, Mathematics, Physics, and pretty much any other non-applied STEM field are pretty much as worthless as Lib. Arts majors unless paired into a well thought out graduate program. My fiancee's Ph.D. in pathology isn't worth much but when paired with her DMD it makes both degrees considerably more marketable. Millenials love to claim they are the most educated generation to date but they are miserable at actually applying that education, they require more supervision, more double-checking, and are seldom as self-motivated or are willing to step outside of whatever narrowly self-determined limits they imagine they can impose on an employer. Nowhere is this more evident than the Army BCT cycle I just got back from. The current generation is garbage when put in even the rather moderate amount of physical and mental stress basic training is now hamstrung into delivering. Had one trainee threaten to call in a SHARPEO (the little idiots don't grasp the fact that SHARP and EO are two completely different things so they just run them together) complaint because she was told to mop the CTA floor faster. This counted as bullying to her...
This post was edited on 7/30/19 at 12:24 pm
Posted by GreatLakesTiger24
Member since May 2012
59583 posts
Posted on 7/30/19 at 12:24 pm to
Sweet brag about being poor post
Posted by GreatLakesTiger24
Member since May 2012
59583 posts
Posted on 7/30/19 at 12:27 pm to
I was on my parents cell phone plan until last year. I’d pay them a couple hundred bucks a year and it saved everyone money.
Posted by Mingo Was His NameO
Brooklyn
Member since Mar 2016
37536 posts
Posted on 7/30/19 at 12:27 pm to
I lovethese threads where a bunch of people come and brag because their parents are poor and irresponsible.

My grandparents took my family and my dad's two siblings family on vacation every year until it became too hard for everyone to sync schedules. Not because any of the kids couldn't afford it, but because my grandparents could afford it and wanted to share and spend time with their entire family together. My parents paid for most of my college and still pick up the tab at dinner a lot of times. Again, not because I can't pay for my own food, but because they like sharing and spending time with their kids.


Congrats on paying for all your own shite because you have stupid aren't though.
Posted by slackster
Houston
Member since Mar 2009
91492 posts
Posted on 7/30/19 at 12:28 pm to
quote:

This is more about enabling parents tbh.


Of course it is.

Meanwhile, baby boomers are putting the silent generation in nursing homes and trying to hide their assets so they can qualify for Medicaid. Such heroes.
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