I managed to break the curse and am far more successful than my parents. It happened through a lot of hard work, persistence, a lot of luck, a hefty gift from my ex’s rich aunt and uncle, and even more luck.
It's like reading those articles like "I paid off my student loans in 5 years and so can you." I recall one where a couple spoke on the hard work it took to pay things off, and then casually dropped in that their spouse's parents gave them a condo that they then rented out.
Good for you, but stop with the "anyone can do it" BS. It's just factually wrong. You clearly stated that you had a lot of luck and that's not something everyone gets or can affect in anyway whatsoever.
My grandparents have been bailing my parents out of financial trouble their entire lives. Me? I got some cash for a down payment on a house, and I presently make more than ny parents do combined
It's fucking insane. With the exception of a few of my peers, we're all highly skilled, some with over a decade of experience, some with two incomes, and there's no way any of us can afford to buy a house in the area we work anymore. The only ones who did bought their houses right after school with help from their parents. Rent sure, own a home, not a chance here. So either rent forever, commute more, live with our parents, or find another job. It's a rock and a hard place.
Yes and no. Less lonely than living by yourself and you can cook in bulk, but also you get sick of your family after living with them for a while. Also if you're cramming 3 generation into a 3 bedroom because of financial constraints that's pretty rough.
I'm doing better than my parents but only because in post Soviet times my family was even poorer, so it's sorta been gradually improving over the generations. I was able to get better education, better job than my parents ever had an actual opportunity to. But they did try very hard to set me and my sister up with that opportunity, so I'm grateful for that.
This thread is getting a little humble brag bootstrappish. It's probably better to ask this again in a month after the student loan payments really hit.
I'm doing better because they had kids, they didn't have a pension plan, they didn't have all the safety nets we've got now (no parental leave at all compared to a full year now), they got out of school right when interest rates were extremely high and unemployment too, the list goes on and on...
I do frequently travel to such countries and all of the help at the resorts thank me when I drop little pearls of wisdom like this. You could learn a thing or two about gratitude from them.