Delete comment from: Captain Capitalism
This is a really good post as far as advice is concerned.
I'm afraid that the Boomers, among other things, instilled in the subsequent generations this idea of material success.
Luckily, a good number of the millenials seem to be largely ignoring those goals, and focusing on the goals that you describe in this post. They take a lot of guff for it (THOSE DAMN MILLENIALS! They don't have good jobs and will never amount to anything!)
But the upshot is that the Boomers infected us all with this "buy more, consume more that shows success" mentality that has lead to their lives, and lives of so many others, being unnecessarily burdened.
My grandparents lived for 50 years in the same small house - tiny, by today's standards - in which they raised four children.
The Bedrooms in my parent's house added up to more square footage than my grandparent's house did. My Dad also just finally paid it off at 60 years old, too, whereas my grandpa had his house paid off in ten years of purchase.
I can always tell when a Boomer builds a house locally, because it is absolutely ridiculously big. Stupidly so. Idiotically so.
I never understood this. Even if I was a successful millionaire who could afford a big house, I think I'd rather have several small houses than one big one - maybe on ona river somewhere, or up in the woods, as well as the primary in town.
We really need to shed the preconceptions that the boomers put on us all. It's not doing any of us any good.
Jan 9, 2015, 8:38:43 PM
Posted to If People Didn't Have Debt