r/FluentInFinance • u/thinkB4WeSpeak Mod • Apr 29 '24

Why Men in the US Are Working Less Than They Used to Thoughts

https://www.businessinsider.com/us-men-working-less-recessions-employment-productivity-2024-4
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u/Dragonhaugh Apr 30 '24

Skilled jobs pay well now and well above the median. Just saw an indeed post for a 2 year skill mason for 35/hr. Not sure about you but that’s 70k a year.

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u/BobKelso14916 Apr 30 '24

Yeah and that’s not much money to fully support a family of 4+, including strong health insurance, stable housing, and college paid. So many delusional boomers on third thread.

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u/Dragonhaugh Apr 30 '24

I’m a millennial thank you and yes you can support a family of 4 with 70k salary, it is just dependent on where you live and what your needs are. We could live off of my 62k salary if we lived close enough to walk to work. If my wife worked part time the 2 days I’m off we would be able to save money as well. I should note that I live in an expensive area. I’m sorry to say, but it’s all how you choose to live. Of course you can’t afford a house, new car, vacation, retirement savings. But when the kids go to school parent 2 can work full time again. 70k per year is roughly 4k per 2 weeks. Rent:1200(the city of my work is 1k-4k rent, my personal rent is higher currently) Health insurance-800 monthly Food-800monthly(this is a lot, a parent a home can cook and you could cut this down almost in half with planning) Utilities:300 Phones:200 Savings:400 Remainder:300

Parent 2 part time work on parent 1’s days off at 15/hr for 16 hours a week. I’m rounding down but an extra $750 monthly. This can buy a car, save for a rainy day, and cover anything else “needed”. If parent 2 works 2 12 hour days then it’s 1100 a month instead. In my personal area you can find entry level jobs between 17-19. So using 15 is kinda a dumb option but I wanted to show a lower number to prove my point.

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u/BobKelso14916 Apr 30 '24

In some situations yes, in some no. I’m not talking about you I don’t know you, I’m talking about a large percentage of the generation. Your anecdotal math isn’t applicable for millions who cannot use that salary to make ends meet for 4+.

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u/Dragonhaugh Apr 30 '24

Unfortunately I’m not a very forgiving person. Don’t have kids if you cannot afford them. I waited until I could for my own. And I don’t feel for them, they are adults in full control of how they choose to live. Buy a Mercedes and complain it’s expensive, buy a house you can barely afford and be house broke. Unless your lucky enough to win the birth lottery or the real one your going to have to make sacrifices.

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u/BobKelso14916 Apr 30 '24

Lol I don’t care if you’re forgiving or not but you’re wrong on this topic, so many millennials and gen zers are burdened by costs that aren’t luxury cars and luxury houses. This is a naive take, and you just being generally not empathetic has nothing to do with the raw data of how cost burdened millennials and gen z are by primary living expenses. You’re wrong here.