I decisively made the decision to enter the nursing program at the local university I was attending in the Fall of 1996. I had just transferred to a university that was closer to home, and at the time, I was an English major on task […]
MarketWatch recently published an article called “Money Milestones: This is how your finances should look in your 30s,” in which it claims that everyone should have saved a year’s worth of salary by the age of 30. And by age 35, those savings should have doubled.
By 35, you should have twice your salary saved, according to retirement experts: https://t.co/QoVA6EFpHJ
— MarketWatch (@MarketWatch) May 12, 2018
I’m sorry, what? HOW?
I have been living paycheck to paycheck for most of my adult life. At what point are we going to acknowledge that between stagnant wages, crippling student debt, and inflation on things like food and rent, this is not a realistic standard for most people? And it’s even more unrealistic for women, who are still paid substantially less than their male counterparts.
In fact, 6 in 10 Americans don’t even have $500 in savings. So this article makes a lot of assumptions that aren’t even remotely realistic for most of us.
MarketWatch then shared their article on Twitter, where the hilariously honest responses reflected what financial life is actually like for millennials.
Let’s start with the obvious:
do any of you know real people? just curious.
— Christopher Sebela (@xtop) May 14, 2018
Maybe this was all just a miscommunication:
I think you meant to say,
By 35 you should have debt twice your salary.
— From Russia with Love (@emanzi) May 14, 2018
Because the math just doesn’t add up:
— Laura J. Nelson (@laura_nelson) May 15, 2018
Here’s a more realistic expectation to hold yourself to:
by the time you’re 35 you should have saved at least half your sandwich for lunchtime instead of noming it at 10am.
— The Princess Diaries (@poniesandsodies) May 16, 2018
By 35, you should have at least one save file in every Zelda game, according to retirement experts.
— Brian Altano (@agentbizzle) May 15, 2018
Because this is what it’s actually like:
My student loan payment, on an income-based repayment plan, is more than my mortgage payment. Until we address the outrageous student loan system in this country saving 200% of your salary isn’t going to happen for most young people.
— A. K. (@TXSyphilology) May 15, 2018
Unless I’m doing the wrong math:
— I’mWithThem (@JamesWetuski) May 14, 2018
Account balances be like:
My bank accounts pic.twitter.com/Avse2Sbphw
— JhenMD (@Dr_6ft5) May 14, 2018
The article even sites reasons that this isn’t attainable:
“Millennials, the generation 20s to mid-30-year-olds fit into, have delayed marriage and home ownership from happening in their 20s (as was the norm decades ago).”
Yeah, it was totally a personal decision not mandated by any other external factors *cries into the ground*.
— Mark Whiley (@markwhiley) May 15, 2018
By 2018, your economy should produce a minimum wage of about $22/hr to equal the min wage of previous generations. https://t.co/oBYE7YtBkR
— Brian Clevinger (@bclevinger) May 14, 2018
Again, this is even truer for women:
Too bad about that whole 75 cents on the dollar thing.
— Absolute Unit (@ChurchCarlton) May 14, 2018
Fine I’ll bite what’s a salary https://t.co/rywScaKfxn
— Ali Segel (@OnlineAlison) May 15, 2018
And now my perception of the world and everything in it has changed:
After reading this article, that images they used went from “2 happily married millennials who got their life together at 35” to “2 roommates eating ramen saving up for a stove.” pic.twitter.com/bydigauIKj
— MarGoLuv (@MargoGiron) May 16, 2018
Maybe this is what they meant:
By the time you’re 35 you should be a governess living in an old hilltop mansion with too many corridors and too many secrets
— academiquette (@academiquette) May 17, 2018
By age 35 you should have a huge box of cables but you can’t throw them out because you’re pretty sure you still need a couple of them but you’re not sure which ones
— Lori G (@LoriG) May 19, 2018
BY THIRTY FIVE YOU SHOULD HAVE SAVED HALF OF YOUR RETIREMENT WHICH IS EASY IF YOUR RETIREMENT PLAN IS TO WADE INTO THE SEA
— NOT A WOLF (@SICKOFWOLVES) May 15, 2018
This is why this whole concept is ridiculous:
This is such an irresponsible sentiment that entirely decontextualizes the sociopolitical forces that make this impossible for *most* people and instead makes them internalize the myth that somehow they’re not working hard enough
— Lareesa (@blackflaghag) May 15, 2018
They should at least let the people who pay us know:
Have you guys told US companies about this yet?
— Jonathan Perrine (@JonathanPerrine) May 14, 2018
In the meantime, the rest of this garbage world finally makes sense:
name a more iconic duo pic.twitter.com/5EQRyfIELp
— smark de triomphe (@mechapoetic) May 16, 2018
Millennials aren’t lazy and entitled as much as we have been backed into an economical stalemate where the cost of living has dramatically increased, but wages haven’t. So unless you were lucky enough to be born into wealth, it’s safe to say this statistic isn’t a realistic one for most of us.
Newborn: a tiny human that resembles a loaf of bread — if that loaf of bread could scream and had no control over any of its bodily functions. Those first hours and days with a newborn are often a blur of tears (both yours and […]
Being pregnant was great. Books, websites, and forums existed for any and every topic I could imagine. They detailed every step of the process so the mom-to-be felt prepared for everything. As a person with anxiety, I found comfort in the millions of pages of […]
“I hate myself,” I wrote. “All I’ve been able to think about for the past two weeks is my hair. I hate how it’s consuming me. Like my hair loss, I feel like my self-pity is unstoppable. I am a monster to my children. I can’t sleep. Food doesn’t taste good. I spend hours a day looking at my bald spots in the mirror — hours just obsessing over how and why and what I did wrong and what I’m doing wrong. I want to stop. I want to scream. I don’t want it to be this way. But I feel obsessed by a force. I don’t know how to control myself and my thoughts and my obsession. It’s all-consuming and I feel like this miserable cycle will never end.”
My journey with hair loss began the summer after my second baby turned one. And I had been so busy with life as a working mother of two I hadn’t even noticed. Until one day in June, as I was getting ready for work, straightening my hair, and tilted the mirror in just the right direction and there it was — a bald spot starting right back at me smack in the middle of my head. I began searching and before long I found another; this one was a little smaller and on the top of my head, right along my part line.
Immediately, I went numb. And I almost passed out.
Remember how they tell you that postpartum hair loss is gradual and you won’t lose all of your hair? No one ever said anything about bald spots.
I began frantically researching what on earth could be wrong with me. What vitamin was I missing? How were my iron levels? Did I have a thyroid problem?
I went to one dermatologist and he took one look at me, declared that I had “alopecia areata.” He told me he had no idea why it was happening. He gave me some steroid shots in my scalp, told me to use Rogaine and come back in four weeks.
I was devastated. I had done just enough Google research to know that alopecia areata (AA) was autoimmune and could be lifelong. I had also read horror stories about people with AA who never regrew hair and eventually lost all of it. How could this be happening to me!?
I’ve never had great hair. It’s always been too thin or too fine or too flat. But I’d never had hair loss before. Even after the birth of my first daughter, my hair loss hadn’t even been noticeable. And I also tended to keep my pregnancy hair until I began to wean my babies, resulting in years of thicker, more luscious hair.
This hair loss proved to be a nightmare. I found myself longing for my old, thin hair that used to annoy me. I continued to shed — not just from my bald spots, but from all over…for months. I saw another dermatologist who had a more gentle approach. She gave me topical steroids and more shots, and assured me I would regrow hair. She still didn’t have any answers for me, but somehow she gave me hope.
I weaned my second baby — through lots of tears — and began using Rogaine. I wore a hat a pretty much all summer long and my hair style consisted of a lot of French braids to hide my ever-growing bald spots. I ended up with three spots and the largest was the size of a golf ball. For the most part, I was too scared to show even my family and friends. I had a wonderful support system with my mother, mother-in-law and sisters-in-law, but a part from them I was scared to talk about it.
That summer was rough. But by the fall, I had small tufts of regrowth and my shedding seemed to subside.
It was a devastating journey that again spiraled me into depression, anxiety, fear, and more self-loathing.
“Hair loss is so demoralizing,” one friend wrote in a text to me. And so many people don’t understand how debilitating it can be.
“It’s just hair,” people tell me. “It’ll grow back.”
But what if it doesn’t? It’s a thought that is always in the back of my mind.
Through my journey, I am learning to live with my reality.
I have two little girls and I tell myself daily that they don’t care what my hair looks like. They will love their mom, not in spite of her hair loss, but because she was brave enough not to let it define her.
“Uncle Chris, is she your girlfriend?” Suddenly I felt like I did before I was out of the closet. How is it that I, who have been out of the closet for 10 years, who’s life is dedicated to LGBTQ advocacy work, have a six-year-old […]
As parents, it seems friendships are harder to maintain than ever. Even worse? A study from 2016 revealed that only about 50 percent of your friendships are actually real friends. That means half of the people you consider a friend probably don’t feel the same about […]
It’s another unforgettable Scary Mommy Confessional. And it’s secrets so juicy that we may need to place these ladies into “Mommy Witness Protection.” Learn how to stage the perfect bathroom escape from the kids and how to maximize bathtime with this essential guide to finding time for yourself.
Chrissy Teigen and John Legend’s son arrived Wednesday evening Chrissy Teigen and John Legend just shared an adorable photo of their baby boy who joined the world Wednesday evening. Earlier in the week, the model let the world know that their son had arrived with […]