For those of you who are wondering, the article literally blasts a grandmother for leaving a grand daughter $1,500 to help her buy her first house.
Ok, $1,500 isn’t going to buy you very much house (unless you’re buying a tiny house), but here’s the other side of things:
Clearly, the grandmother was not worth millions. And it did say to help her buy her first house, not make the whole down payment, or buy the house outright.
Why does everybody have to nitpick everything? Does the fact she only left $1,500 mean she doesn’t understand the value of things in modern America? Or is she just trying to help, and that $1,500 was all she felt she could give her to help out?
I think it’s the latter, and people need to be more grateful for the help they do get instead of acting like people are somehow stupid.
Andi posted the now-viral TikTok video in response to another TikToker’s statement that claimed boomers are "so out of touch with what the going rate for everything.
It’s not just the granddaughter, it’s people like ‘supreme war pig’ who think people like me don’t understand how much things cost.
I was born in 1962, so I qualify as a ‘boomer’ technically, and I most certainly do! However, reality check time, my gross income last year (before tax adjustments) was a scintillating $45,000, so I don’t exactly have $1,000 bills lying around on the floor either. And if you actually do some digging, you would be surprised to learn 95% of all Americans are either dead or dead broke by the age of 65. So, my peers aren’t exactly swimming in cash either.
When you only get $1,500 from us to help you buy a house, it’s not because we are clueless about how much things cost, it’s all we have we can spare to help!
No, I don’t want you to feel sorry for me. I’m perfectly fine thank you, but I said all that so you realize I’m not as clueless as you may think, but I’m not a Wall St Tycoon either.
The idea of a Millennial telling a Boomer how out of touch they are when it comes to money is pretty hilarious when you compare spending and saving habits between the groups.
No, I fully understand. Retirement accounts are for those who’ve retired and go towards their living expenses and well being. They’ve worked their whole lives accumulating that account and debt in the process. Anything leftover is gravy and should be fully appreciated. Not going in the hole and becoming a burden to their loved ones is also worthy of appreciation, because not all can avoid that circumstance.
And some number of followers piggyback on it, and media declares that the issue is going viral, etc.
And even if it’s not viral, all you need are two people who agree, and media can truthfully say “people” are agreeing, and spin it into some controversy.
The little (insert pejorative of choice here) is entirely out of line.
First of all, she is owed NOTHING, either by her parents or grandparents.
ANYTHING given, albeit how small, should be appreciated.
I had to LOAN my parents $8,000 dollars, which I did interest free, incurring a minor gift tax due to the foregone interest and due to the fact that after my dad died I declined attempts by my mom to repay during her life, collecting out of their very modest estate. Beyond recovering the balance of the loan, the estate itself was very modest due to the fact that she incurred high medical and nursing home costs due to Parkinson’s Disease.
I am of the considered opinion that she should shut the ■■■■ up and appreciate that she got anything at all.