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by _fat_santa 1590 days ago
I knew a few folks like this. 20 something, out of college, entry level job in some field that doesn't pay them nearly enough for where they are living. And mom and dad are subsidizing the apartment and lifestyle.

When I talked to a few of them about the situation, my burning question was always "what is your plan". I think for many of those folks there was no plan, this was the plan, and your parents helping you out was just normal.

Personally it always bugged me. Like what is going to happen to all those people when the checks stop coming, when the credit card stops getting paid. Some of my less privileged friends hated that group for their privileged but I honestly just felt bad for them. I don't know when, but under this current system, at some point in the future, you are going to be royally screwed.

2 comments

They just join the labour force like everyone else. They'll just be 41 doing the job that other people did at 21.

I have a friend whose family weren't wealthy but they tolerated him playing video games and bumming around not doing much else for 15 years after he finished uni. He eventually had to get a job. Sure, he's behind his peers in terms of salary/career advancement now but not by so much where I'm even sure he made a mistake by avoiding work for so long.

> Personally it always bugged me. Like what is going to happen to all those people when the checks stop coming, when the credit card stops getting paid. Some of my less privileged friends hated that group for their privileged but I honestly just felt bad for them. I don't know when, but under this current system, at some point in the future, you are going to be royally screwed.

They'll get a nice inheritance, like a $500k+ house. Then they can either sell and invest, or live there mortgage-free.

The checks really won't stop coming. But if you're not a complete moron, it would be hard to very quickly squander the wealth your parents built up. Some will, inevitably, but most will keep going. Some of them will get higher wages too.

But it's going to be a looong time before the "check stops coming".

They don't stay 25 forever. In the long run, they often settle down with another professional. Maybe one with a better salary and/or better benefits. Then they have less than two kids. Maybe just a couple cats.

The big question is what they do after the divorces that 30-40% of them will have. Maybe they get jobs in HR or PR?