Frugality Myth of Boomers - Austerity for thee, but not for me

[Attempt Turd]

This is the “penny wise and pound foolish” mindset in action. Washing plastic bags is retarded. Buying cheap chink shit several times over versus higher quality tools once is also retarded. Boomers will act like cheapness is a point of pride but they lose money in the long run.

I told my grandma as a kid I would give her 15$ not to ever do it again your time is not worth it. In her defense she was retired and had all the time in the world. She also had a decent retirement fund. Because she was not a boomer she actually stopped and never did ask me for the money. I miss her.

 

[Hallucinogenic Penguin]

Why are the elderly so terrified of admitting things are worse? Do they think if they admit it gen z is suddenly going to enact der boomernacht and put them all into labor camps? (they will all go into immigrant staffed care homes anyway, so they are already getting this ending). It's such a weird thing to see constantly, some young kid goes "hey things kinda suck it sure would be nice if I could afford rent" and like immediately some gen x neo boomer chimes in with how everything is great actually and you just need to be superman harder.

Most of the post-2000 born zoomers I know would probably want boomers in death camps.

 

[seri0us]

Lots of unbelievable shit;


EDIT: Hey, poor person struggling to get by. You should purchase a bunch of potato chips

This dude is shamelessly trying to shine himself on as if not having daily junk food as a kid means you lived in squalor. Or he actually did grow up poor and still hasn't come to terms with it, both are pretty funny.

His retarded arbitrary timeline roughly matches up with when he would've reached working age and could get all the corn syrup water he wanted. Here's him humble bragging about eating store-bought macaroni with the extra ketchup packets from eating out.

 

[MIU]

The Boomer. Needs to have all the wealth confiscated. We would do it on a case by case basis. If you did not help your kids with your I'll gotten gains, you will have your wealth confiscated and you will spend the rest of your days in a work camp. Working off your debt to society.

Actually based. Though I think it goes both ways, there should generally be laws that entice the family working together as a unit rather than treating everyone as atomic individuals.

 

[ZeCommissar]

It's pretty simple, actually. Just stop paying Social Security, and take it away.

I mean what is that 80-year-old nigga going to do? Revolt?

 

[Agares]

The only time I ever saw boomers being frugal was during the Great Recession.

 

[Ygolonac]

Boomers do not know what frugality is. Their idea of living more modestly when they retire ( their own words) is being on social security and having a new house fully paid off and 2.5 MILLION invested / in savings ( boomer relatives were having this conversation today and it was not an unreasonable goal) If you are living frugally that is generational wealth, just let it grow.

Anecdotally, we went out to eat 2-3 times a week ( usually a fast casual sit down chain, take out once, and going for breakfast on Saturday) when I was a kid until the 2008 recession, after that it was just take out, and maybe by 2016 or so we would never go out to eat except for some birthdays, usually only if someone gave us a gift card. People used to go out to restaurants way more often because they were much more affordable. There comes a point where even if it is affordable, it's just not worth it.

 

[HodgePodgeRogerDodger]

My family and my boomers tend to understand it’s going to shit. My aunt and mom will tell me not to eat out and then actually give me ideas. My mom will usually give me some of her Costco haul if I pop in on the weekend.

Boomer libs seem to be the ones I’ve most noticed fall in the “young people don’t want to work!” mindset. Most boomer conservatives tend to have stronger family bonds/ have a black sheep retard who they have to baby sit into adulthood. I’ve met people who go the contrary, but usually boomer conservatives are more in favor of bringing back manufacturing and building infrastructure (like actually going tear down the abandoned factory and build a data center).

 

[wtfNeedSignUp]

Weren't there a lot of boomers with mortgage and bad paying jobs? It was pretty much an archetype of shows in the late 90's that disappeared once the writers were replaced by nepo babies that turned The Simpsons from a "barely living day to day" into "foodies that been in half the globe".

 

[Bonesjones]

Its because the truth is most people have limited means to improve their station in life, but you can change your trajectory by making better choices and sacrificing for the future. Most people can't suffer for major lifestyle changes but they can scrimp to improve over time. Buying a shitty house on the edge of the ghetto and fixing it up is about the same price as renting. You just have to eww learn to do manual labor and put in effort instead of doom scrollin or obsessing about autistic retards on the internet all day.

 

[yolotengo]

My boomer aunt racked up $40k in credit card debt and was only able to buy a house because my actually frugal grandma paid it off for her. All the boomers I know spent money on wild shit - especially in the 80's.

Its funny, I may go out to the off avocado toast breakfast or wine bar but my parents were spending a decent chunk of their weekly wage on cigarettes. So ... I dunno.

I could save a decent amount of money if I actually lived like my grandparents. I'd be in debt up to my eyeballs if I lived like my boomer relatives.

 

[man bun rapist]

Boomers good with money and being frugal? Yet they'll pay full price for hotels, only use the hotel site to book, still visit travel agencies and print off their boarding passes despite you only needing a name and passport, then to use their ultra iphone 16/26 android to take pictures on the shittiest settings while paying full data fees, instead of buying an international esim for 5$ for two weeks. Then they'll take the most expensive taxi's everywhere because "When I used to visit 20 years ago, they were the best and cheapest, so that means they are now".

 

[Audit]

they'll pay full price for hotels,

Explain, is there a secret path to cheap hotels? I presume you're not just referring to booking sites like Kayak.

 

[man bun rapist]

Explain, is there a secret path to cheap hotels? I presume you're not just referring to booking sites like Kayak.

I mean they usually go on the actual site of the hotel, where most of the time they're jacked up compared to using trip.com etc my parent's used to do it all the time before going on holiday, until i'd point out "Hey you can save 30 a night using x y z" Then they stopped using default websites, and travel agencies just to go on a holiday. Along with the using the default airline "recommended" insurance being 200$ more than most others around.

 

[YautjaWeeb]

Sad that literally no one asked the "you kids don't need to eat lunch" cocksucker about the frugality of drunk driving speed boats in the dark, fatal collisions, lawyers, and police coverups.

 

[Lobster Cult High Priest]

Sad that literally no one asked the "you kids don't need to eat lunch" cocksucker about the frugality of drunk driving speed boats in the dark, fatal collisions, lawyers, and police coverups.

Kevin O’Leary is Lebanese

Hezbollah can do the funniest thing if he ever visits Lebanon

 

[The Hardest R]

Its because the truth is most people have limited means to improve their station in life, but you can change your trajectory by making better choices and sacrificing for the future. Most people can't suffer for major lifestyle changes but they can scrimp to improve over time. Buying a shitty house on the edge of the ghetto and fixing it up is about the same price as renting. You just have to eww learn to do manual labor and put in effort instead of doom scrollin or obsessing about autistic retards on the internet all day.

I read this post and thought about this article: https://finance.yahoo.com/personal-...terest-rates-today-may-21-2026-100000122.html

30 years ago, the interest rate jumping 0.5% for mortgages would’ve been a huge deal with lots of teeth gnashing on the news about how the American dream was imperiled. Now? No big deal. People already can’t afford mortgages at 6% interest so fuck it, why not bump it up to 6.5% on speculation regarding inflation. I see since this article, the average rate is 6.61%. Going from 6% to 6.61% is a huge deal for affordability but now it’s just meaningless numbers to most Americans who will never get a shot at owning a home unless they’re in their 50s and owning a house on the edge of the ghetto.

 

[Nikon_Camera]

Boomer sees 28$ on take out a day and concludes it's as much as it was in his childhood in 70s, when in reality it's just a couple hours of unskilled labor.
Even if you would be absolutely frugal you would never win more than extra 25$ a day.
Boomers also love to LIE about their spending habbits, so never take advice from elderly.

 

[Sneed's Feed n Seed]

Arguing with boomers about money is like arguing with deathfats about calories. Very much so.

Indeed, it makes you get the same blood pressure as a deathfat!

 

[DJ Grelle]

Boomers also love to LIE about their spending habbits, so never take advice from elderly.

100% this.
They say you have to always cook at home but it was in their time that McDonald's (and many other chains) grew from a few restaurants to a global phenomenon.
They say you got to buy less useless stuff but it is their homes that are filled to the brim with stupid knickknacks and other memorabilia (mass produced "fine china" etc).
They say you gotta work harder but their concept of a full days work is coming in at nine, having half an hour long coffee break at ten, then an hour and a half at lunch and then somewhere around three or four pm another half hour coffee break as they walk around and talk with randoms in the company. They call this "networking". If a zoomer did this, he'd be out of the door before his try out period was over.
Talking about jobs: career advancements are extremely hard today. Most companies are saturated with managers, and just climbing a single rung on the ladder is difficult. The era of just asking and having a strong handshake is decades behind us but boomers still think the youth has no ambition.

Sometimes it feels it's 1788, with boomers taking the place of the french aristocracy.