Mama Just Don’t Know . . .

By August 31, 2018 September 23rd, 2018 Student Debt, The Angry Millennial

So today Mother and Father were kind enough to help me move into my new apartment.  Don’t get me wrong, I’m grateful; however over dinner Mother again asked when would I be settling down, buying a house, and popping out some grandkids for them.  Once again, I explained that having my own home, children, and all of the other traditional milestones of life, were all expensive and beyond my reach, despite the fact that I have a respectable job that pays a “living wage”.  Between my rent, car payment, student debt, and groceries; only a small fraction of my income is left to, for example, save up for a down payment on a house. Of course, Father chimed in at this point saying that he and Mother had all of those expenses too, and they made it work.

It was their sheer lack of comprehension that really irked me, and led me to do some research, so that I could provide them with a cogent response.

So no, Mom and Dad, my situation is not the same as yours.  You may have the same types of debt in name alone at my age, and yes I may make more than you made, but wage growth has not kept up with the growth of the other expenses.  The fact is that the hills I must climb to reach those milestones are steeper than you can imagine. When I do reach those peaks, especially the one that involves progeny, don’t worry, you can make up for lost time by spending more time with your grandchildren than Nan and Pop spent with me.  I can’t afford daycare anyways.

Yours in solidarity,
The Angry Millennial

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