r/SipsTea • • 18h ago

SMH The advice didn't age well.

Post image
30.4k Upvotes

1.9k comments sorted by

View all comments

124

u/draconicmonkey 18h ago

I don’t understand the point of these posts - at this point we all understand that the economy has changed in the last 60+ years and even changed dramatically in 2000, 2008, and 2019 in rapid succession.

I’ve seen a lot of danger in belaboring these sorts of point, often sowing the seeds of hopelessness, generational dissent (which ultimately isn’t productive), and it never seems to come with a meaningful call to action or what better advice would be.

Which is concerning given the rising rates of depression, anxiety, and suicide attempts in younger generations vs previous.

14

u/JoeyAndLueyShow 16h ago

My parents, particularly my father has zero understanding of life in the current zeitgeist. They live in a bubble of 80ish year old people. I told my dad recently i still had 40 years left on my mortgage and he said "but you have had the house for 5 years already, it should be almost paid off..." I'm not kidding, that is exactly what he said, this is the world he lives in.

6

u/ArmyHotel338 15h ago

Most people in the current zeitgeist have only heard of 15-year or 30-year terms for a mortgage.

I've never heard of a 45-year mortgage.

4

u/[deleted] 14h ago

[deleted]

2

u/ArmyHotel338 12h ago

No wonder their parents are confused.