My parents had three kids and owned a 150 m² house in the countryside. I earn more than they used to and I’m renting a single room in a house with four flatmates.
Happier, maybe. My dad is an okay guy but they weren’t happy together, my mom wanted out of the marriage for decades. Financially I’m so far behind, it’s not even close.
Oh, no. Hella worse. They were solidly middle class with two solid careers at this point. And kids, but I don’t want that part so that’s a wash. But nicer house, nicer stuff entirely. But me and my husband are in a better place relationship wise so I got that over them??
Mentally, yes. Financially, no.
Yeah, my parents were from a small village without reliable running water and toilets and I’m an computer microchip engineer that lives in a house I own with clean filtered water and a bidet.
Not financially, we used to go on holiday 3 weeks a year in a touring caravan, plus multiple weekends, in my teens we’d go skiing for a week. Based on that alone I’m not even in the same league.
No. Close, but no.
Kind of? My dad died before he was my age and my mom told me “he died and I’d never had that much money in my life and all I wanted was him.”
So financially I’m worse off than my mom was, but in other (and probably more important) ways, better off. And certainly better off than my dad.
Only because my spouse’s parents are both dead (early, accidents) and he inherited several hundred thousand dollars and life insurance money. I personally have a negative net worth, and with divorce I’d probably only break even. I basically lucked out of not living with my parents/grandparents for the rest of their life. On the flip side though, I regret the marriage because he refuses to move to a country with better social safety nets should something go wrong; living knowing that should his nest egg dry up, that we’ll be on the street in retirement, is inherently really stressful [we live in the USA].
I have a BS, with probably no inheritance coming (I’ve been told so).
He’s a certified accountant and makes double what I do. He controls all the money for obvious reasons.
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Financially maybe, my parents were probably still at university at my age. They’d make more money than I do afterwards though.
And they had already found each other, while I’ve never even had one relationship yet.
Lol, no. They were able to have a house and multiple kids on one salary.
I would say same standard of living but the difference is they had a kid and my wife and I don’t. We simply could not have the same lifestyle if we had children.
Yeah, kids are darn expensive. I’m damn happy my parents decided to have me despite that fact. :)
To answer OP’s question, also doing better than them at the same age. Big part of it was investing early (time-value of money is a massive deal) and keeping the same car forever. My parents have spent quite a bit on cars over the years, it is probably their largest reducible expense. I bought a lightly used crossover a long time ago, and it’s got a long life ahead of it.
Same.
That’s partly why I never married or had a family. I wanted all my time and money to myself and to have more freedom.
Better in what regard? Fiscally all things adjusted and accounted for? Fuck no,
Progress as a person and self growth and development? Absolutely.
Also I will never breed, so always will be one up on my parents there,
Absolutely same
Hell no, but physical disability… I live in the USA where disability seems like a homelessness death sentence