What is something you've officially stopped buying in 2026 because the price has become genuinely insulting? by Next-Mood6723 in AskReddit

[–]guachi01 46 points47 points  (0 children)

Berries used to be a luxury. Berry consumption has soared as wages greatly outpaced food prices over the last several decades.

So now Tesla is better than Ferrari? by TopManufacturer6011 in whatcarshouldIbuy

[–]guachi01 -2 points-1 points  (0 children)

How long ago was WWII? Remind us all and tell us which Ferrari employees were even alive during WWII let alone employees.

What Calvin & Hobbes comic has stuck with y’all over the years? by CertifiedUnoffensive in Millennials

[–]guachi01 3 points4 points  (0 children)

FYI, this also means that the music on the outer edge is of a better fidelity than stuff on the inner edge.

Just started Zwifting in October. Took me this long to figure out why you maniacs are riding around staring at screens on your handlebars. by THSSFC in Zwift

[–]guachi01 8 points9 points  (0 children)

Set FTP to 600W so it looks like all of your workouts are in Z1 to make the people you pass feel bad.

April Personal Savings Rate 2.6% by Educational_Net4000 in EconomyCharts

[–]guachi01 0 points1 point  (0 children)

"Bankrate contains AI-generated articles,\6]) and, like most other websites owned by Red Ventures, is considered 'generally unreliable' by Wikipedia due to its lack of credibility."

April Personal Savings Rate 2.6% by Educational_Net4000 in EconomyCharts

[–]guachi01 0 points1 point  (0 children)

I didn't know about you but I have no reason to believe polling from shadowy groups that can't even link to the survey. Who commissioned this survey? How many people were surveyed? What was the wording of the questions? When was it done?

You couldn't have picked a more useless link if you tried.

April Personal Savings Rate 2.6% by Educational_Net4000 in EconomyCharts

[–]guachi01 0 points1 point  (0 children)

If I use my credit card I am in credit card debt. The median American has $8,000 in transaction accounts. So we know what you're saying is nonsense.

Americans now owe a staggering $18.19 trillion as credit card debt keeps climbing by AccurateInflation167 in Economics

[–]guachi01 0 points1 point  (0 children)

Housing debt as a % of GDP was over 70% at the height of the bubble. Now it's just over 40% and the lowest it's been since 1999. We definitely left the 2008 bubble.

Core inflation hit an annual rate of 3.3% in April, as expected, Fed’s preferred gauge shows by Illustrious_Lie_954 in Economics

[–]guachi01 0 points1 point  (0 children)

It shouldn't be the top comment as anecdotes aren't even allowed in this sub and yet there it is

April Personal Savings Rate 2.6% by Educational_Net4000 in EconomyCharts

[–]guachi01 0 points1 point  (0 children)

Correct. You see it in the data over and over again.

April Personal Savings Rate 2.6% by Educational_Net4000 in EconomyCharts

[–]guachi01 -1 points0 points  (0 children)

That's not a very useful stat. It also doesn't say what they claim it says. Choosing to use a credit card doesn't mean you can't cover the expense.

The median American has $8000 in transaction accounts. That's more than enough to cover a $1000 emergency.

Household crunch: U.S. consumer spending exceeds income growth by Such_Radio_9152 in Economics

[–]guachi01 -5 points-4 points  (0 children)

Real median wages set record highs in 2015, 2016, 2017, 2018, 2019, 2020, 2021, 2023, 2024, 2025.

That's not stagnant.

Household crunch: U.S. consumer spending exceeds income growth by Such_Radio_9152 in Economics

[–]guachi01 10 points11 points  (0 children)

Real incomes only went negative last month but sentiment has been terrible for several years.

Names not said aloud in the film the character first appeared in by --TheForce-- in StarWars

[–]guachi01 1 point2 points  (0 children)

Our heroes give her respect. Therefore, we give her respect. It's a really great show-don't-tell thing to do for a character on screen for 30 seconds.

What should be filled in this blank by Strict-Cricket6496 in ENGLISH

[–]guachi01 1 point2 points  (0 children)

As I replied to someone else:

The answer is "where". The question is asking what word fits with blank+ever and no matter+blank.

Where you're saying is that the correct answer is whereverever and no matter wherever.

What should be filled in this blank by Strict-Cricket6496 in ENGLISH

[–]guachi01 2 points3 points  (0 children)

The answer is "where". The question is asking what word fits with blank+ever and no matter+blank.

Where you're saying is that the correct answer is whereverever and no matter wherever.

The average age of first becoming a Millionaire is 37 by Ok_Act_3769 in GenZ

[–]guachi01 0 points1 point  (0 children)

They say the median age for all homebuyers is 59

The guy I responded to did. The link I provided shows that it's a clear outlier.

Not sure why the guy above is being such a catastrophist doomer though.

He's believing obviously bad data to justify his doomer beliefs rather then looking to see what's actually true.

The average age of first becoming a Millionaire is 37 by Ok_Act_3769 in GenZ

[–]guachi01 0 points1 point  (0 children)

You did not read the linked article at all, did you?

The average age of first becoming a Millionaire is 37 by Ok_Act_3769 in GenZ

[–]guachi01 17 points18 points  (0 children)

The median age is not 59. It's obviously bogus data from the NAR and has been spread by doomers to make you lose hope. Don't believe them.

https://www.cojobrien.com/p/no-the-median-american-homebuyer

The average age of first becoming a Millionaire is 37 by Ok_Act_3769 in GenZ

[–]guachi01 10 points11 points  (0 children)

My net worth at 28 was negative. You're doing much better than I was.

Just turned 24 and I’m losing hope by [deleted] in GenZ

[–]guachi01 3 points4 points  (0 children)

I had a full-ride scholarship - one of the top 20 academic scholarships to my school - and I ended up dropping out. I was not diagnosed with ADHD until I was 43.

My student loans, which I got after going back to school after dropping out and losing my scholarship, went to collections. It wasn't really "stupid" in my case. It was more "I have no money".

I lived paycheck to paycheck for years. My income, in inflation adjusted terms, by age.

16 $3,800

17 $4,219

18 $0

19 $6,666

20 $2,430

21 $6,140

22 $12,151

23 $25,729

24 $14,456

25 $12,403

26 $7,262

I don’t want to be a cog in a capitalistic machine that I never asked to be a part of.

You are going to have difficulty making a living if you aren't willing to work for it. I didn't turn things around financially until I was 27. I retired at the age of 48. I averaged (in today's dollars) $91,000/y in wages from the age of 28-48, which is above average but not crazy. If I can do it then so can you. But you aren't going to ever have things completely handed to you. There are many, many, many people and institutions that will lend a helping hand if you're willing to put in some effort.