Over half of millennials have less than $1,000 in savings

[Danny46]

Just out of curiosity, do yall consider a 401k/retirement plan "savings?"

[Tremor14]

i think they do

[Snatch Napkin]

Fuck no. That's a low risk gamble with a marginal gain in the long run.

[SMKR]

Hoes and blow retirement fund

[mardyn]

1000.00 ain't much money to fall back on these days...

mardyn

[ram57ta]

Just out of curiosity, do yall consider a 401k/retirement plan "savings?"

If they do...I'm doin ok.

[abecx]

Its because of student loans I would imagine. I bet no other generation had the majority of its youth starting life with $40k+ in debt.

[Mysticcobrakilla]

This thread makes me feel better.

That ain't no shit!

[Tremor14]

Its because of student loans I would imagine. I bet no other generation had the majority of its youth starting life with $40k+ in debt.

i married into $40,000 of Kansas State. But let's worry about high capacity magazines.

[line-em-up]

Over half of millennials have less than $1,000 in savings. And yet, my 8th grade daughter tells me she is the only one in her class that doesn't have a new iphone. How do all of these broke dicks afford new shit?

[Tremor14]

BroncoJohnnys/ZR1s/PLanoKids

[Torinoman]

This is a complex problem. Jobs have little upward mobility because people are retiring later and having a bachelor's degree no long makes someone stand out. Millenials see little reason to branch out and excel due to limited opportunity. Lets also not forget the declining value of a dollar and the perceived and actual pay disparity between entry to mid level jobs versus upper levels of management. It's becoming a can't win so why bother trying scenario.

[quikag]

I'd have a hard time sleeping at night without a rainy day fund.

[LANTIRN]

I'd have a hard time sleeping at night without a rainy day fund.

Me too. We have a good emergency fund, 401k, no debt but the house, don't live paycheck to paycheck and I still stress over money.

[dcs13]

i married into $40,000 of Kansas State. But let's worry about high capacity magazines.

Which to me is stupid. Don't borrow money for stuff you cant afford. Get a job, work your way through school. Novel concept. These whiny bitches want their debt forgiven because they "were preyed on" and now they cant get a job with that Cultural studies degree.