Do you think the baby boomers had it easy. Not all of baby boomers could afford college as there weren’t the loan programs then as there are now. We also had to deal with the draft which put a lot of young men behind their classmates who were fortunate not to have had to serve. We had to deal with Craters down turn, with interest rates to buy a home at 20%. We also had high gas prices.
My husband and I did not buy our first home until we were in our forties we spent our first twenty years working, saving and making sure we did not have any debt.
The teaparty protests were to try and save you money and debt by not bailing our big companies when the only reason they were in trouble was their own greed.
We also know what paying tax’s are all about. When we were raising 6 kids there wasn’t the child tax credit. I can remember when we first started out our combined income was about 20,000.00 a year and on April 15 we always had to pay in a little more. At that time the 100.00 or so extra we had to pay in could have paid for the electric bill or a little extra food.
So don’t whine about having to wait to buy a house or paying off your student loan debt. At least you weren’t drafted and came home in a box.
As for your student loan debt well there are ways to start out without that debt. My husband and I saved a little money for each of our children. Two of my kids went into the military and that paid for their college. Two of my kids worked summers and during college to make up for what their college fund and scholarships did not pay. One kid would work for a year and college for a year and they had no debt when they graduated. The other child had very little loan debt. Two of my kids went to work right out of high school and with in a few years were making 6 figures.
Every generation have their crosses to bare. You can either make the best of the hand you are dealt or you can whine and blame someone else. One will get you ahead and one wont. And I have never blamed my parent or grandparents for the ways things were for me. I made my own choses and I had to live with the choices I made.
Life is good enjoy each and every day because before you know it you will be on the down hill side of it.