Posted: 11/28/2012 11:05:31 AM EDT
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You know, I have heard many times that people who have graduated college since 2008 have been referred to as the boomerang generation.
Haven't really realized it until now but when I take a look at people I know, they fall into two categories: boomerangs and soon-to-be-boomerangs. Boomerang: -works at restaurant/gamestop/gas station/mall -lives at home with parents -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to move out -complains that they can't get a decent job with a degree in underwater women's basket weaving -hates on the Soon-To-Be-Boomerang because they have a good job and live on their own -technically lives within their means because mom and dad cover rent, food, insurance, etc -voted for Obama Soon-To-Be-Boomerang: -works at large company who recruited them straight from college with a degree in Finance, Engineering, etc -lives in an apartment they can't afford -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to live somewhere better -hates on the Boomerang for being a dead-beat -lives beyond their means because they have so many liabilities -voted for Obama Seriously describes 90% of people I know. 
I lived at home for 1 year after graduation, saved my at-the-time dead average salary. Didn't piss away money like it was going out of style. Banked every penny for 1 year. Took advantage of low interest rates and low balled on a foreclosure. Literally paid 60% what the last person paid for it (who was a Soon-To-Be-Boomerang before becoming a Boomerang herself). I pay 100% of my bills without help from my family. Have some money set aside for hobbies and fun here and there. And I still manage to save a thousand a month for a down payment on my next place in a couple of years. I'm not rich by any stretch of the imagination. Just have the self control when it comes to money. Living at or even better under your means, really isn't that difficult. |
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Quoted:
You know, I have heard many times that people who have graduated college since 2008 have been referred to as the boomerang generation. Haven't really realized it until now but when I take a look at people I know, they fall into two categories: boomerangs and soon-to-be-boomerangs. Boomerang: -works at restaurant/gamestop/gas station/mall -lives at home with parents -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to move out -complains that they can't get a decent job with a degree in underwater women's basket weaving -hates on the Soon-To-Be-Boomerang because they have a good job and live on their own -technically lives within their means because mom and dad cover rent, food, insurance, etc -voted for Obama Soon-To-Be-Boomerang: -works at large company who recruited them straight from college with a degree in Finance, Engineering, etc -lives in an apartment they can't afford -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to live somewhere better -hates on the Boomerang for being a dead-beat -lives beyond their means because they have so many liabilities -voted for Obama Seriously describes 90% of people I know.
I lived at home for 1 year after graduation, saved my at-the-time dead average salary. Didn't piss away money like it was going out of style. Banked every penny for 1 year. Took advantage of low interest rates and low balled on a foreclosure. Literally paid 60% what the last person paid for it (who was a Soon-To-Be-Boomerang before becoming a Boomerang herself). I pay 100% of my bills without help from my family. Have some money set aside for hobbies and fun here and there. And I still manage to save a thousand a month for a down payment on my next place in a couple of years. I'm not rich by any stretch of the imagination. Just have the self control when it comes to money. Living at or even better under your means, really isn't that difficult. The sum total of the support I received while in college and law school from my parents was $500 and some groceries on two occasions. No shit. Let's just say the whole "Life is hard" cheese and Whine doesn't make much of an impression with me either. |
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Quoted:
Quoted:
You know, I have heard many times that people who have graduated college since 2008 have been referred to as the boomerang generation. Haven't really realized it until now but when I take a look at people I know, they fall into two categories: boomerangs and soon-to-be-boomerangs. Boomerang: -works at restaurant/gamestop/gas station/mall -lives at home with parents -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to move out -complains that they can't get a decent job with a degree in underwater women's basket weaving -hates on the Soon-To-Be-Boomerang because they have a good job and live on their own -technically lives within their means because mom and dad cover rent, food, insurance, etc -voted for Obama Soon-To-Be-Boomerang: -works at large company who recruited them straight from college with a degree in Finance, Engineering, etc -lives in an apartment they can't afford -eats out every meal and frequents the bars 3x + a week -spends money on multiple lavish vacations -complains about they don't make enough to live somewhere better -hates on the Boomerang for being a dead-beat -lives beyond their means because they have so many liabilities -voted for Obama Seriously describes 90% of people I know.
I lived at home for 1 year after graduation, saved my at-the-time dead average salary. Didn't piss away money like it was going out of style. Banked every penny for 1 year. Took advantage of low interest rates and low balled on a foreclosure. Literally paid 60% what the last person paid for it (who was a Soon-To-Be-Boomerang before becoming a Boomerang herself). I pay 100% of my bills without help from my family. Have some money set aside for hobbies and fun here and there. And I still manage to save a thousand a month for a down payment on my next place in a couple of years. I'm not rich by any stretch of the imagination. Just have the self control when it comes to money. Living at or even better under your means, really isn't that difficult. The sum total of the support I received while in college and law school from my parents was $500 and some groceries on two occasions. No shit. Let's just say the whole "Life is hard" cheese and Whine doesn't make much of an impression with me either. To be fair, parents did help pay for college. But they said, "We only have X. Either figure out how to squeeze 4 years out of X, or cover the difference." X would have been enough to the average state school. Applied to engineering school - they gave me a huge scholarship because my English skills were fantastic (before I started working with so many foreigners LOL - gotta love IT!). Then after I was no longer forced to live in school housing post-fresh year, figured out how to slash living and eating costs by 2/3. It took all of about a couple days worth of planning. Also made sure to take advantage of little scholarships here and there for $500, $1000, etc. You'd be surprised how many people don't participate in essays contests and such. After soph year, I got a job make $9/hr doing data entry. Worked every possible opportunity, even if at 5am, 11pm, saturdays and sundays (even nights). Really isn't that difficult to squeeze a full time work week into 20 hours of class and 30 hours of homework. Bottom line, there was still some X left over at the end of my 4 years. |