36% of my generation live with their parents

[homestar_kevin]

It's just a really good time for people with a mind to handle it.

There's a lot of money/opportunity out there, but it isn't on the surface.

It's a great time to be a hustler. I work my full time gig, do a ton of free lance video/photo shit on the side, and sell/flip a bunch of stuff.

There's still a lot more I want/need to be doing to make da moneyyy.

It's just the WORST time ever to be a thumb sucking middle of the road schmuck who thinks craigslist is the end all be all of the job market.

[Marc G]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

[Dave]

Where do y'all work/live?


If you can't survive on 40k a year as a single 20 something then life is going to be hard for you.

I'm not talking shit, because I don't know everyone's situation and realize there are circumstances surrounding each persons deal. However at $40k you should be able to afford a cheap apt. Saving a ton is good but I've found that the hungrier you are the more you strive to get ahead. If you're maxing your 401k, going out all the time, and living at home then it just seems wrong to me.

[sleewell]

3 years ago i took an entry level position making peanuts. this was 4 years out of school when i already had experience in the field but i swallowed my ego and busted my ass bc really i had no choice. 3 promotions later i am killing it, loving my job and my life and just bought an e class.

there is plenty of money out there, just hustle harder.

i took a job most people my age would have turned their nose at bc getting mommy to load up the debit card is much easier.


i went to michigan state, moved to socal, then to nashville and then back to east lansing.

[homestar_kevin]

I live in Baltimore, work in Annapolis, MD, a city 30 miles south of Baltimore.

Even splitting everything down the middle with my girlfriend, 1/4 of my net income goes to just rent on a cheap (1100)

With that, cable, utilities, food cost, and gas to get to work, I'm paying around 40% of my income to stay afloat.

I could definitely budget better, and I do spend on things I use professionally for work/side jobs, but also know I could cut back on craft beers etc.

Never said I wasn't surviving, just not thriving as much as I'd like to be

Again, I still save, just not near the amount I'd like to be.

[ovid9]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

[Dave]

Sigh

[Schweezly]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

That's Peoria though. You know where I live...northern Chicago suburbs. My gf and I have a 820 square foot apartment that costs $1,300+ per month, and that's 1 bedroom without utilities and bills. You can find a little cheaper, but a lot are old and disgusting.

I do think its funny when analysts wonder why home buying is down. Maybe it has something to do with student loans and the availability of jobs for grads.

[Dave]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

That's Peoria though. You know where I live...northern Chicago suburbs. My gf and I have a 820 square foot apartment that costs $1,300+ per month, and that's 1 bedroom without utilities and bills. You can find a little cheaper, but a lot are old and disgusting.

I do think its funny when analysts wonder why home buying is down. Maybe it has something to do with student loans and the availability of jobs for grads.

I don't even know where to start here. $1300 for a 1 bedroom is insane. Chicago has much cheaper areas to live.


Not a knock, because its your place, but dude how nice/trendy is your apt?

I have friends that live in LA that spend less than that. A quick glance at rent.com shows a ton of apartments well under a grand a month.

Hope you enjoy your pad!

[rock flag and eagle]

Reading all this makes me feel even more grateful for what I have. No college degree but make really good money, my wife also doesn't have a degree but makes pretty good money too. We just bought a single story 2200 sq foot home with a pool on a 1/3 acre lot 15 months ago. A house comparable today, would cost at least 100k more.

[Lloyd Blankfein]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

That's Peoria though. You know where I live...northern Chicago suburbs. My gf and I have a 820 square foot apartment that costs $1,300+ per month, and that's 1 bedroom without utilities and bills. You can find a little cheaper, but a lot are old and disgusting.

I do think its funny when analysts wonder why home buying is down. Maybe it has something to do with student loans and the availability of jobs for grads.

I don't even know where to start here. $1300 for a 1 bedroom is insane. Chicago has much cheaper areas to live.


Not a knock, because its your place, but dude how nice/trendy is your apt?

I have friends that live in LA that spend less than that. A quick glance at rent.com shows a ton of apartments well under a grand a month.

Hope you enjoy your pad!

1400/mo is about the base for 2 bedroom apt where I'm at which is coastal CA.

The 2nd bedroom is the office so it's not that big of a curse.

It's expensive, but I have to be there.

[Dave]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

That's Peoria though. You know where I live...northern Chicago suburbs. My gf and I have a 820 square foot apartment that costs $1,300+ per month, and that's 1 bedroom without utilities and bills. You can find a little cheaper, but a lot are old and disgusting.

I do think its funny when analysts wonder why home buying is down. Maybe it has something to do with student loans and the availability of jobs for grads.

I don't even know where to start here. $1300 for a 1 bedroom is insane. Chicago has much cheaper areas to live.


Not a knock, because its your place, but dude how nice/trendy is your apt?

I have friends that live in LA that spend less than that. A quick glance at rent.com shows a ton of apartments well under a grand a month.

Hope you enjoy your pad!

1400/mo is about the base for 2 bedroom apt where I'm at which is coastal CA.

The 2nd bedroom is the office so it's not that big of a curs.

It's expensive, but I have to be there.

My friends live in the valley at decent places. Not cool, but they are office slaves and aren't anchored to a specific location. I'd say your sitch is unique and not the norm.

[Lloyd Blankfein]

I couldn't live in the valley/Los Angeles. Anything south of Santa Barbara is too hot. I'm a puss.

My ideal location would be more Bay Area. I'd love to live in Salinas with the Mexicans and enjoy fog 360 days a year.

[Dave]

Whatever works.

[GuitarBilly]

$900/month gets you an one-bedroom apartment here in the Valley.

Anyway, when my son turns 18, I will turn his bedroom into a chinchilla room. I already even showed him where the exercise wheel will go.

[Dave]

Omfg Billy


That's awesome!


$900 is doable. May not net a new grad enough leftover to drive a brand new car, but wtf. Brand new cars aren't for noobs living with their parents. That's fully grown adult shit. Don't put the cart before the horse

[Schweezly]

Oh some of that shit is hilarious. We want to pay you entry level money, but we expect you to be already trained in your field, and preferably in the exact job we want you to do. Must have 3 years experience as well.

I find with a lot of University students the opposite is true, they come fresh out of school and expect to go straight to middle management etc, get the best salary possible... at least that's here in Trinidad.. some people figure just because they have a diploma they automatically understand your business and can just grab the reins and run with it...

US kids used to think that. I'm fairly certain that's been beaten out of them by now.

There is a ton of misinformation at the HS and even college level about how much a college degree will help you. Yes, it probably will, but going 50K+ in debt for a job that isn't going to pay over 35k for the first 4 or 5 years out of school....probably want to rethink that one.

I live near Peoria, IL. Living costs here range from super low to relatively high (I say relative cause its nothing like CA or something but compared to what you CAN find, it can be cheap to live.) The issue is, if you want to live in the cheaper areas, there are tradeoffs. Mostly white trash and rednecks, though if you're brave you can live in the hood and try and revitalize a dying neighborhood.

I wish you luck there.

If you can't live on 40k a year around here, you're doing something very very wrong or went way too far in debt in college.

That's Peoria though. You know where I live...northern Chicago suburbs. My gf and I have a 820 square foot apartment that costs $1,300+ per month, and that's 1 bedroom without utilities and bills. You can find a little cheaper, but a lot are old and disgusting.

I do think its funny when analysts wonder why home buying is down. Maybe it has something to do with student loans and the availability of jobs for grads.

I don't even know where to start here. $1300 for a 1 bedroom is insane. Chicago has much cheaper areas to live.


Not a knock, because its your place, but dude how nice/trendy is your apt?

I have friends that live in LA that spend less than that. A quick glance at rent.com shows a ton of apartments well under a grand a month.

Hope you enjoy your pad!

Well, it's completely renovated with new everything, super nice kitchen, laundry in unit, big porch and den that acts as an "office" for my recording stuff and her small library of books. We also have a pool and fitness center on premise. Are there cheaper options nearby? Sure, but $1000-$1100 a month gets you either something tiny or something that is disgusting (we looked at 5-10 others).

Granted, Chicago is a huge area. I'm in the suburbs about 20 miles north of the city. Yea, you can get cheaper in parts of the city or other suburbs, but those could easily be 45 minutes away without traffic.

Either way, we'll likely be getting married and buying a place in a year or two...we just didn't want a dump in the meantime. I can't wait for those $6k a year property taxes

[ovid9]

Well, it's completely renovated with new everything, super nice kitchen, laundry in unit, big porch and den that acts as an "office" for my recording stuff and her small library of books. We also have a pool and fitness center on premise. Are there cheaper options nearby? Sure, but $1000-$1100 a month gets you either something tiny or something that is disgusting (we looked at 5-10 others).

Granted, Chicago is a huge area. I'm in the suburbs about 20 miles north of the city. Yea, you can get cheaper in parts of the city or other suburbs, but those could easily be 45 minutes away without traffic.

Either way, we'll likely be getting married and buying a place in a year or two...we just didn't want a dump in the meantime. I can't wait for those $6k a year property taxes

Yeah, Peoria, totally different than the big cities. And like you say, if you get something cheaper, but its forever away from your job, that money might not be saved to say nothing of the hassle of getting to and from your job.

I can't imagine the suburban commute.

[Lloyd Blankfein]

My brother just rented a sky rise apartment in Austin for $2600 a month.

Lol

[GuitarBilly]

Omfg Billy


That's awesome!


$900 is doable. May not net a new grad enough leftover to drive a brand new car, but wtf. Brand new cars aren't for noobs living with their parents. That's fully grown adult shit. Don't put the cart before the horse

I think it's fucked up for kids to expect to have an apartment on their own right away anyway. I lived with roommates until I bought my house. You rent a very decent 2 bedroom apartment for like $1100 and pay $550 each...save up until you can give a good down payment on your first home. That's how I did it and it's still doable today.


And no comments on people buying new cars before they have a career and a decent place to live with this type of economic (non) sense, it's no wonder they can't leave their parents' house.

[homestar_kevin]

I don't think I could swing 900 a month in rent by myself.

Glad I don't have to. In the process of home buying now, we're not in a great part of town, but there's a ton of college student/rental potential in the area.

Planning on buying a house while the GF buys her own. Live in one/rent one situation.

[GuitarBilly]

My brother just rented a sky rise apartment in Austin for $2600 a month.

Lol

yeah "lol"

[homestar_kevin]

It's people that do things like that that really let me know I'm doing pretty good.

[ovid9]

$900/month gets you an one-bedroom apartment here in the Valley.

Anyway, when my son turns 18, I will turn his bedroom into a chinchilla room. I already even showed him where the exercise wheel will go.

The chinchilla's will live like kings and queens!

[clipless bumper]

But their ears!!!!!