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Forums - General Discussion - Millionaire to Millennials: Stop Buying Avocado Toast If You Want to Buy a Home

If you can't buy something because you're spending on food... you're actually pretty fucked up.



Bet with Teeqoz for 2 weeks of avatar and sig control that Super Mario Odyssey would ship more than 7m on its first 2 months. The game shipped 9.07m, so I won

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Yes, without avocado toast Millennials would all have houses.



LipeJJ said:
If you can't buy something because you're spending on food... you're actually pretty fucked up.

I wouldn't agree with this logic, I mean you can eat steak every night and it'll cost you around 12-15e per meal, do a bit of cooking and make something cheap and cheerful like an omelette will cost you .26c if using 2 eggs slightly more if adding a slice of ham/cheese. That's the difference of 14.50 per day for your main meal. in a week that's a saving of 100e just on a single meal time. Trade in your 2 costa each day for a homemade java and you're talking about 70e again, so yeah if you are buying poorly each week you will be down 170e over someone who watches what they eat.



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Ganoncrotch said:
LipeJJ said:
If you can't buy something because you're spending on food... you're actually pretty fucked up.

I wouldn't agree with this logic, I mean you can eat steak every night and it'll cost you around 12-15e per meal, do a bit of cooking and make something cheap and cheerful like an omelette will cost you .26c if using 2 eggs slightly more if adding a slice of ham/cheese. That's the difference of 14.50 per day for your main meal. in a week that's a saving of 100e just on a single meal time. Trade in your 2 costa each day for a homemade java and you're talking about 70e again, so yeah if you are buying poorly each week you will be down 170e over someone who watches what they eat.

No, I mean... if you have to save that small amount of money (and plan stuff on this level) to buy a house/apartment, you're already screwed. This is not living... lol.



Bet with Teeqoz for 2 weeks of avatar and sig control that Super Mario Odyssey would ship more than 7m on its first 2 months. The game shipped 9.07m, so I won

LipeJJ said:
Ganoncrotch said:

I wouldn't agree with this logic, I mean you can eat steak every night and it'll cost you around 12-15e per meal, do a bit of cooking and make something cheap and cheerful like an omelette will cost you .26c if using 2 eggs slightly more if adding a slice of ham/cheese. That's the difference of 14.50 per day for your main meal. in a week that's a saving of 100e just on a single meal time. Trade in your 2 costa each day for a homemade java and you're talking about 70e again, so yeah if you are buying poorly each week you will be down 170e over someone who watches what they eat.

No, I mean... if you have to save that small amount of money (and plan stuff on this level) to buy a house/apartment, you're already screwed. This is not living... lol.

I see you're 24 so I'm going to guess you are in rental accommodation still? or have you purchased your own home by that age? Just even with my current work if I could spend no money it would take me at least 3 years to be able to pay up front for a home myself (which is how I aim to buy property) during that time every bit extra which is spent means it takes longer to get to the goal.

Just if you don't mind me wondering how your rent / accommodation is paid for atm to think that you don't consider a saving of a few hundred euros per week to be "not living"



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Ka-pi96 said:
monocle_layton said:

otherwise, why would anyone pick a plastic bottle over a reusable one? Literally no benefits

Plastic bottles are reusable though. I always fill my plastic bottles up with tap water and keep them in the fridge and keep refilling/reusing them over and over and over.

Yeah I personally prefer just having a decent bottle and refilling water when needed. No worries about the plastic breaking down or the plastic literally breaking. To each their own I suppose



I didn't know avocado prices were in a crisis. Here, it's like 50-75 cents per avocado.



monocle_layton said:
Ka-pi96 said:

Plastic bottles are reusable though. I always fill my plastic bottles up with tap water and keep them in the fridge and keep refilling/reusing them over and over and over.

Yeah I personally prefer just having a decent bottle and refilling water when needed. No worries about the plastic breaking down or the plastic literally breaking. To each their own I suppose

If plastic could break down when you pour water on it then it wouldn't be such a huge crisis to try to get rid of the waste produced by making plastic bags/bottles.



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Ganoncrotch said:
monocle_layton said:

Yeah I personally prefer just having a decent bottle and refilling water when needed. No worries about the plastic breaking down or the plastic literally breaking. To each their own I suppose

If plastic could break down when you pour water on it then it wouldn't be such a huge crisis to try to get rid of the waste produced by making plastic bags/bottles.

I'm a bit lost by what you mean. 



Ganoncrotch said:
mysteryman said:

It’s interesting that the results are very similar regardless of age. 

Some people are happy to not save, I've 2 mates who are perfectly happy to get their wages each week and spend them all before the next pack arrives, I would feel unwell if I didn't have at least the next few months / years rent in the bank. That was how I started off saving, just each month I would put away the following months rent asap, then I started to make a game of it, see if I could get the next months rent again before it would even start.... currently where I'm living I have.... 61 months rent saved up! It's a fun game :D

It's rather nice knowing I could lose my job(s) and just sit on the couch for 5 years wondering what to do next.

I really hope you don't have that in a savings account where it's earning less than 1% interest when you could be earning 10+% in the stock market with that money.

mysteryman said: 
Nymeria said: 

 

"Approximately 62% of Americans have less than $1,000 in their savings accounts and 21% don’t even have a savings account, according to a new survey of more than 5,000 adults conducted this month by Google Consumer Survey."

https://www.marketwatch.com/story/most-americans-have-less-than-1000-in-savings-2015-10-06

 

Can have 1 in 6 with plenty of money, on the flip side the other 5 of 6 could be struggling to make ends meet.

It’s interesting that the results are very similar regardless of age. 

Interesting is the wrong adjective. Terrifyingly irresponsible comes to mind.