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Low wage earners have more spending money.

Discussion in 'The Kitchen Sink' started by OldWiseGuy, Mar 2, 2021.

  1. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    Single people, sharing an apartment, paying practically no taxes, have more pocket money than higher earners that have children, mortgage, second vehicle, etc. They have the ability to save more as well. Single people still living with their parents have even more disposable/discretionary income. Been there, done that. :)
     
    Last edited: Mar 2, 2021
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  2. Larnievc

    Larnievc Well-Known Member

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    I bet it was a long time ago.
     
  3. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    It's actually a great young single person lifestyle today. The key is selecting the right roommates, establishing rules, duties, etc.
     
    Last edited: Mar 2, 2021
  4. bèlla

    bèlla ⭐️ Supporter

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    Assuming the parents are footing the bills. Some pay rent. I've never had a roommate. The thought is ghastly! The only person I'm living with is a spouse.

    ~bella
     
  5. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    I was a party guy and thoroughly enjoyed the friendships and good times I had with my roommate buddies for many years before I got married. Saved a pile of dough as well. Many of the girls I dated also shared apartments with other gals, to keep costs down and for mutual safety and companionship.
     
  6. bèlla

    bèlla ⭐️ Supporter

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    I partied in my teens. Clubs offered 14-18 nights on the weekends. Between dates, friends, club and schools events I was never home. The party scene wasn't a big deal for us when we became adults. We'd done enough. Most of us moved out and got our own apartments well before the norm. I was 19.

    ~bella
     
  7. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    My twenties were spent enjoying my freedom, spending my dough on myself, doing whatever I wanted to do, and dating the gals. I couldn't have asked for a better life then, and now for that matter. :bow:
     
  8. public hermit

    public hermit social troglodyte Supporter

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    I wish I had been that smart. I did the same thing, had roomates, partied, made a pile of dough, and spent every bit of it.

    ^^^ Don't go that route kiddies.^^^

    It all worked out fine. It helps to have skills. I would suggest to any young person to try and get a skill or two. I got some good jobs in various kinds of construction and learned so much.
     
  9. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    My son and his friends common interest, besides partying, was networking construction jobs. They played hard but worked just as hard. My son has a degree in Art Education but would have to move out of state for a good job. He is a concrete finisher making good money here so his degree will likely go to waste.

    It was customary in the Jewish community to teach their sons a useful trade before any consideration of higher education was contemplated. I think that is still a good plan.
     
  10. bèlla

    bèlla ⭐️ Supporter

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    I was a mom in my twenties. I wasn't ready to settle down. But I attracted suitors like that. I didn't get party guys. I was traditional and domestic. I didn't know the buzzword then. But I learned it in my 30s. The 1950s lifestyle was my ideal.

    My forties were explosive. Lots of growth and change. I started dating younger men. I did once in my 30s. But I went all-in. Life is sweet. I wouldn't change a thing. :D

    ~bella
     
  11. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    The 1950's were the greatest.
     
  12. bèlla

    bèlla ⭐️ Supporter

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    I wasn't born then. I value some traditions and appreciate the gains too.

    ~bella
     
  13. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    Traditions went out the window in the 1950's. That's when the fun began for us teenagers.
     
  14. bèlla

    bèlla ⭐️ Supporter

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    My generation was the last to have club events. They stopped them. Teens didn't have a lot do on the weekend. We had a $5 cover charge and the sets lasted 4 hours. Friends went in groups. You didn't need a lot of money.

    Most parents don't want a house full of teens! :D

    ~bella
     
  15. gaara4158

    gaara4158 (Power Level Hidden)

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    This another one of your feelings-based hunches, or do you have data supporting your hypothesis that single, low wage earners have more disposable income than married, high wage earners?
     
  16. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    True. My dad would say, "Go away, leave me in peace." He did make us clean the house every Saturday morning before he kicked us out for the day.

    Our weekends were full of activities, beginning with our local teen recreation center on Friday and Saturday evenings. Big dance hall and bands on first floor, ping pong and pool tables on second floor. Great time, lots of girls from other high schools to dance with and 'take a stroll with'.

    There was always a new movie coming out as well on the weekends, that was a staple.
     
    Last edited: Mar 2, 2021
  17. bèlla

    bèlla ⭐️ Supporter

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    I remember parents booting the kids out and telling them to go and play! You couldn't hang indoors if the weather was nice. *lol*
     
  18. OldWiseGuy

    OldWiseGuy Wake me when it's soup. Supporter

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    We had lakes and parks, a zoo, a great downtown, minutes from the countryside for hunting or enjoying nature. I get nostalgic over it, in fact there are parts of town that I cannot revisit with being overwhelmed by the memories (call me sentimental).
     
  19. Larnievc

    Larnievc Well-Known Member

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    The key is that things were VERY different back then.

    The socio-economic position of young people is very much more complex.
     
  20. Larnievc

    Larnievc Well-Known Member

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    I lived in a shared house with four other people when I left uni. One of the best few years of my life.
     
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