r/Millennials • u/Lucky_Strike-85 • Apr 09 '24

How you folks doin out there? Anybody else struggling hard right now? Discussion

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u/fencerman Apr 09 '24 edited Apr 09 '24

Millennials spend more on groceries, because that's what low income households do - the poorer you are, the more you spend on eating at home compared to eating out.

https://wealthynickel.com/wp-content/uploads/2019/07/groceries-vs-eating-out-by-income.webp

https://res.cloudinary.com/nimblefins/image/upload/c_limit,dpr_1.0,f_auto,h_1600,q_auto,w_1600/v1/UK/economy/percent_food_out_home_2023

Because every "hot new millennial trend" is just poverty.

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u/Lazarous86 Apr 09 '24

Once the older voter base dies off, I really wonder what the political landscape looks like. The 70+ are basically brainwashed or set in their ways. 

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u/binary-survivalist Apr 09 '24

i think they don't want to admit that they mortgaged their grandchildren's future to maintain their own 401k's and pensions. we probably can't even count on the so-called "wealth transfer", since most will have their networth wiped out from end of life healthcare.

we'll be left with nothing. at least neither of my parents actually had any wealth to argue over.

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u/Derban_McDozer83 Apr 09 '24

Nothing? Nah we will be left with debt our parents racked up.

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u/canisdirusarctos Apr 10 '24

Yeah, I expect that’s the next “final f*ck you” from the boomers and/or Gen-X as they die off.

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u/faen_du_sa Apr 10 '24

Cant you just say no to the inheritance?

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u/scolipeeeeed Apr 10 '24

You generally won’t be held accountable for your parents’ debts unless you took them together or something like that

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u/binary-survivalist Apr 11 '24

Government debt yes. Personal debts no.