Young adults are getting used to living on a financial cliff

return2ozma@lemmy.world to News@lemmy.world – 148 points –
Young adults are getting used to living on a financial cliff
nbcnews.com
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What a joke.

I'm a millennial and I don't choose to do anything, we're forced to only spend our money on necessities such as food, because we can't afford anything else.

I'm no better off financially today than 14 years ago when I earned a third of what I earn now.

I'm still living month to month, because all basic necessities keep increasing faster than my wage increases.

My last holiday was in 2016.

My income almost tripled in 8 years, i had a better life then. We weren't doing great by any means but the prospect of owning a house was out there.

2016!? Jesus Christ I'm so sorry. Consider emigrating to Europe.

Just need to have at least one in-demand graduate degree and speak the language of the country you’re moving to (and/or can claim blood citizenship) and have savings and a job lined up. Easy-peasy when you can’t even afford a vacation!

Just more PTO won't help either, unless you consider sitting at home a holiday. I live in Europe and my last proper holiday was in the 00s.