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RE: Millennial's can't save for retirement -- because they have too much Starbucks and "eat out " (Marketwatch
To add to the points you've made, look at the technological side of it. Paying for internet is a bill other generations didn't have. Not only that but the constant influx of new tech every year that's never below $500. Cell phones, laptops, PCs, Smart TVs, iPads, gaming consoles, Smart Watches etc. Things aren't as simple as they used to be and I think previous generations really need to wrap their heads around that fact.
i agree....the $200 cell phone bill or $100 cable bill wasn't part of society in the 80's....and as a % of the min wage or living wage in the 60's -- you could buy a house, a car and have a family on one wage earner --- you weren't high on the hog -- but it was done by blue collar workers for decades --- until they printed the dollar to crap and it's not worth anything now.